Ulvac (6728) · PolicyAchieved
Planned Adoption of Lease Accounting Standards by U.S. Consolidated Subsidiaries
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
ASC 842 (Leases) Adoption MeasuresA theme 66 companies write about · 0 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2021: 2 of 11 companies on the "Worse" side.
10 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 66 companies compared. The sentences above are computed from all 66.Full recordFilings, disclosures and news, newest first
- FY2023-Q1AchievedAnnual report
「The U.S. consolidated subsidiaries have adopted ASU No. 2016-02, “Leases,” from the first quarter of the current fiscal year. As a result, lessees generally recognize assets and liabilities for all leases.」
The company began applying U.S. GAAP ASU No. 2016-02, “Leases,” from the first quarter of the current fiscal year, rather than from the fiscal year ending June 2023 as previously planned. The impact on the quarterly consolidated financial statements was considered immaterial. - FY2022First statedAnnual report
「Overseas consolidated subsidiaries excluding the United States Name of accounting standard, etc. “Leases” (U.S. GAAP ASU No. 2016-02) Revised accounting treatment for leases Planned adoption from the fiscal year ending June 2023」
The company disclosed for the first time that its U.S. consolidated subsidiaries planned to adopt the lease accounting requirements under U.S. GAAP ASU No. 2016-02 from the fiscal year ending June 2023.