Initial Adoption of IFRS 16 Leases
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The adoption of IFRS 16 increased assets and liabilities by ¥2,627 million each upon application. The impact on operating income, profit before tax and profit for the year was immaterial.」
The company continued its adoption of IFRS 16, disclosing the ¥2,627 million increase in assets and liabilities upon application and the immaterial impact on profit and loss. - FY2020-Q3RestatedAnnual report
「The adoption of IFRS 16 increased assets and liabilities by ¥2,627 million each upon application. The impact on operating income, profit before tax and quarterly profit for the nine months ended the third quarter was immaterial.」
The company continued the adoption of IFRS 16 that began in the first quarter, disclosing the ¥2,627 million increase in assets and liabilities upon application and the immaterial impact on profit for the period. - FY2020-Q2RestatedAnnual report
「Beginning with the first-quarter consolidated accounting period, the Group adopted IFRS 16, Leases, and recognized lease liabilities and right-of-use assets on the date of initial application, excluding short-term leases (leases with terms of 12 months or less) and leases of low-value assets."The adoption of IFRS 16 increased assets and liabilities by ¥2,627 million each upon application.」
The company continued in the second quarter to disclose its adoption of IFRS 16, which began in the first quarter, and the related accounting treatment recognizing lease liabilities and right-of-use assets. - FY2020-Q1First statedAnnual report
「Beginning with the first-quarter consolidated accounting period, the Group adopted IFRS 16, Leases, and recognized lease liabilities and right-of-use assets on the date of initial application, excluding short-term leases and leases of low-value assets."The adoption of IFRS 16 increased assets and liabilities by ¥2,627 million each upon application.」
IFRS 16 was adopted from 1 April 2019, initiating accounting treatment that recognizes lease liabilities and right-of-use assets. The weighted-average incremental borrowing rate for lessees at the date of initial application was 1.18%, and assets and liabilities each increased by ¥2,627 million.