Adoption of IFRS 16, “Leases,” by Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2026.
Trinity Industrial moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Scheduled application date for the Lease Accounting Standard and related standards: We will apply them from the beginning of the fiscal year ending March 2028.」
In addition to the application of IFRS 16 at overseas consolidated subsidiaries, the planned application of Japan's new lease accounting standard from the beginning of the fiscal year ending March 2028 was disclosed. The amount of the impact is under assessment. - FY2020-Q3RestatedAnnual report
「At overseas consolidated subsidiaries, IFRS 16 "Leases" has been applied from the beginning of the first-quarter consolidated accounting period. As a result, the method was changed so that lessees recognize, in principle, all leases as assets and liabilities on the balance sheet. In applying the accounting standard, the Group adopted the method of recognizing, on the date of initial application, the cumulative effect of applying the standard, as permitted under the transitional provisions. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
The application of IFRS 16 "Leases" at overseas consolidated subsidiaries and the method of recognizing lessees' leases, in principle, as assets and liabilities continue. - FY2020-Q2RestatedAnnual report
「At overseas consolidated subsidiaries, IFRS 16 "Leases" has been applied from the beginning of the first-quarter consolidated accounting period. As a result, the method was changed so that lessees recognize, in principle, all leases as assets and liabilities on the balance sheet. In applying the accounting standard, the Group adopted the method of recognizing, on the date of initial application, the cumulative effect of applying the standard, as permitted under the transitional provisions. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
The application of IFRS 16 "Leases" at overseas consolidated subsidiaries and the method of recognizing lessees' leases, in principle, as assets and liabilities continue. - FY2020-Q1First statedAnnual report
「At overseas consolidated subsidiaries, IFRS 16 "Leases" has been applied from the beginning of the first-quarter consolidated accounting period. As a result, the method was changed so that lessees recognize, in principle, all leases as assets and liabilities on the balance sheet. In applying the accounting standard, the Group adopted the method of recognizing, on the date of initial application, the cumulative effect of applying the standard, as permitted under the transitional provisions. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
At overseas consolidated subsidiaries, IFRS 16 "Leases" was applied from the beginning of the first-quarter consolidated accounting period, changing the method so that lessees recognize leases, in principle, as assets and liabilities. The impact on the quarterly consolidated financial statements is considered immaterial.