Initial Adoption of IFRS 16 Leases
First written in FY2020-Q1. 1 of 2 entries say "Restated". Latest entry: FY2020-Q2.
The whole theme swung hardest in 2025: 7 of 21 companies on the "Worse" side.
78 other companies' latest entry also says "Restated".
- FY2020-Q2RestatedAnnual report
「Subsidiaries applying International Financial Reporting Standards have applied International Financial Reporting Standard 16, “Leases,” from the first-quarter consolidated accounting period. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet. Consequently, “Other” under property, plant and equipment increased by ¥1,260 million at the end of the second-quarter consolidated accounting period, while “Other” under current liabilities increased by ¥395 million and “Other” under non-current liabilities increased by ¥874 million. The impact on profit or loss for the six-month consolidated cumulative period was immaterial.」
The company continues to apply IFRS 16 and has disclosed the amounts recognized as lease assets and liabilities as of the end of the second quarter. - FY2020-Q1First statedAnnual report
「Subsidiaries applying International Financial Reporting Standards have applied International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), from the first-quarter consolidated accounting period. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet. Consequently, “Other” under property, plant and equipment increased by ¥926 million at the end of the first-quarter consolidated accounting period, while “Other” under current liabilities increased by ¥336 million and “Other” under non-current liabilities increased by ¥593 million. The impact on profit or loss for the first-quarter consolidated cumulative period was immaterial.」
Subsidiaries applying IFRS began applying IFRS 16, resulting in the recognition of lease assets and liabilities. Property, plant and equipment increased by ¥926 million, current liabilities by ¥336 million and non-current liabilities by ¥593 million.