Hitachi (6501) · InitiativeAchieved
Recognition of Lease Assets and Liabilities Following Adoption of IFRS 16
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
IFRS 16 (Leases) ImplementationA theme 146 companies write about · 2 as a headwind · 1 as a tailwind
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
23 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 146 companies compared. The sentences above are computed from all 146.Full recordFilings, disclosures and news, newest first
- FY2020-Q1AchievedAnnual report
「We have applied IFRS 16 “Leases” from the beginning of the fiscal year under review. IFRS 16 establishes principles for the recognition, measurement, presentation and disclosure of leases and requires lessees to account for all leases using a single model that recognizes them in the consolidated statement of financial position.」
We began applying IFRS 16 at the beginning of the fiscal year and recognized impacts of ¥218,161 million for right-of-use assets, ¥221,832 million for lease liabilities and ¥3,671 million for equity. - FY2019First statedAnnual report
「We will apply IFRS 16 from 1 April 2019.」
We disclosed that, by applying the transitional provisions, assets were expected to increase by approximately ¥222 billion, mainly due to the recognition of right-of-use assets, liabilities were expected to increase by approximately ¥226 billion due to lease liabilities, and the opening balance of retained earnings was expected to decrease by approximately ¥4 billion.