Adoption of IFRS 16, Leases
First written in FY2020-Q1. 3 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2028.」
In addition to the application of IFRS and US GAAP lease accounting at existing overseas subsidiaries, the company has disclosed plans to adopt Japan's new lease accounting standard from the beginning of the fiscal year ending March 2028. The amount of the impact is still being assessed. - FY2023-Q2RestatedAnnual report
「An overseas subsidiary applying US GAAP adopted ASU 2016-02, "Leases" (dated 25 February 2016; hereinafter, "ASU 2016-02"), from the beginning of the first quarter of the consolidated fiscal year.」
An overseas subsidiary applying US GAAP adopted ASU 2016-02 from the beginning of the fiscal year, and the impact on the financial statements for the six months ended the second quarter was considered minor. - FY2023-Q1AdvancedAnnual report
「An overseas subsidiary applying US GAAP adopted ASU 2016-02, "Leases" (dated 25 February 2016; hereinafter, "ASU 2016-02"), from the beginning of the first quarter of the current consolidated fiscal year.」
An overseas subsidiary applying US GAAP adopted ASU 2016-02, "Leases," from the beginning of the first quarter of the current consolidated fiscal year and began recognizing lessees' leases as assets and liabilities in principle. The impact was considered minor. - FY2020-Q3RestatedAnnual report
「Subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, "Leases" (hereinafter, "IFRS 16"), from the first quarter of the consolidated fiscal year. As a result, lessees recognize assets and liabilities for, in principle, all leases, and certain assets previously included in intangible assets have been reclassified to property, plant and equipment.」
The company reaffirmed the adoption of IFRS 16. At the end of the third quarter, property, plant and equipment had increased by ¥497 million, current liabilities by ¥184 million and non-current liabilities by ¥184 million, while intangible assets had decreased by ¥136 million. - FY2020-Q2RestatedAnnual report
「Subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, "Leases" (hereinafter, "IFRS 16"), from the first quarter of the consolidated fiscal year. As a result, lessees recognize assets and liabilities for, in principle, all leases, and certain assets previously included in intangible assets have been reclassified to property, plant and equipment.」
The company reaffirmed the adoption of IFRS 16 and disclosed increases of ¥506 million in property, plant and equipment, ¥189 million in current liabilities and ¥191 million in non-current liabilities, along with a ¥133 million decrease in intangible assets. - FY2020-Q1First statedAnnual report
「Subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, "Leases" (hereinafter, "IFRS 16"), from the first quarter of the current consolidated fiscal year. As a result, lessees recognize assets and liabilities for, in principle, all leases, and certain assets previously included in intangible assets have been reclassified to property, plant and equipment.」
Subsidiaries applying IFRS adopted IFRS 16 from the first quarter of the current consolidated fiscal year and changed their accounting treatment to recognize assets and liabilities for lessees' leases. The adoption changed the balances of property, plant and equipment, current liabilities and non-current liabilities, among others, but the impact on profit or loss was considered minor.