Application of IFRS 16 Leases to Overseas Subsidiaries
First written in FY2020-Q1. 1 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
12 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「Overseas subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), from the consolidated fiscal year.」
The company implemented the previously planned adoption of IFRS 16 by its overseas subsidiaries from the current fiscal year. - FY2020-Q2RestatedAnnual report
「Overseas subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), from the first-quarter consolidated accounting period. The adoption of IFRS 16 follows the transitional provisions, and the cumulative effect of the change in accounting policy has been recorded in retained earnings at the beginning of the first-quarter consolidated accounting period.」
The company reiterated the adoption of IFRS 16 by its overseas subsidiaries and the recording of the cumulative effect in retained earnings at the beginning of the period. - FY2020-Q1First statedAnnual report
「Overseas subsidiaries that apply International Financial Reporting Standards have applied IFRS 16 Leases beginning with the first quarter consolidated accounting period. The standard was applied under the transitional provisions, and the cumulative effect of the change in accounting policy was recognized in retained earnings at the beginning of the first quarter consolidated accounting period. The impact on the quarterly consolidated financial statements was immaterial.」
Overseas IFRS-reporting subsidiaries applied IFRS 16 from the first quarter, with the cumulative effect recognized in opening retained earnings. The impact on the financial statements was immaterial.