Bringing Leases onto the Balance Sheet under IFRS 16 "Leases"
First written in FY2020-Q1. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2026Planned Adoption of the New Lease Accounting StandardAnnual report
「Revisions to the Accounting Standard for Leases (Accounting Standard No. 34, 13 September 2024), the Implementation Guidance on the Accounting Standard for Leases (Implementation Guidance No. 33, 13 September 2024), and related accounting standards, implementation guidance, practical response reports and transfer guidance」
Following IFRS 16 and US GAAP Topic 842, the new domestic lease accounting standards and related requirements are scheduled to be applied from the beginning of the fiscal year ending March 2028. The amount of the impact is under assessment. - FY2023-Q1AdvancedAnnual report
「Subsidiaries applying US GAAP adopted US GAAP Topic 842, Leases, from the beginning of the first quarter of the current consolidated fiscal period. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」
In addition to the existing application of IFRS 16, subsidiaries applying US GAAP began applying Topic 842, Leases, expanding the scope of leases brought onto the balance sheet. The impact was described as immaterial. - FY2020-Q3RestatedAnnual report
「As a result, at the end of the third quarter of the current consolidated fiscal period, "Other (net)" under property, plant and equipment increased by ¥3,512 million, while "Other" under current liabilities increased by ¥491 million and "Other" under non-current liabilities increased by ¥3,029 million.」
The company continued to apply IFRS 16 and updated the recognized amounts of lease-related assets and liabilities as of the end of the third quarter. - FY2020-Q1First statedAnnual report
「A subsidiary applying International Financial Reporting Standards adopted IFRS 16, "Leases" (IFRS 16), from the first-quarter consolidated accounting period. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」
Following the adoption of IFRS 16, the company began recognizing lease assets and liabilities for lessees. Property, plant and equipment increased by ¥3,591 million, current liabilities by ¥457 million and non-current liabilities by ¥3,087 million, while the opening balance of retained earnings decreased by ¥147 million.