Application of IFRS 16 by Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 1 of 2 entries say "Restated". Latest entry: FY2020-Q2.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2020-Q2RestatedAnnual report
「Overseas consolidated subsidiaries other than those in the United States have applied IFRS 16, "Leases," from the first quarter of the consolidated fiscal year under review. As a result of this change, at the beginning of the first quarter of the consolidated fiscal year under review, property, plant and equipment increased by ¥2,125 million under "right-of-use assets," while current and non-current liabilities increased by ¥2,061 million under "lease liabilities." The impact on income or loss for the cumulative second-quarter period under review was immaterial.」
The explanation continued that overseas consolidated subsidiaries other than those in the United States had applied IFRS 16 and that the recognized amounts of right-of-use assets and lease liabilities and the impact on income or loss were immaterial. - FY2020-Q1First statedAnnual report
「Overseas consolidated subsidiaries other than those in the United States have applied IFRS 16, "Leases," from the first quarter of the consolidated fiscal year under review. As a result of this change, at the beginning of the first quarter of the consolidated fiscal year under review, property, plant and equipment increased by ¥2,125 million under "right-of-use assets," while current and non-current liabilities increased by ¥2,061 million under "lease liabilities." The impact on income or loss for the cumulative first-quarter period was immaterial.」
Overseas consolidated subsidiaries other than those in the United States began applying IFRS 16 and recognized right-of-use assets of ¥2,125 million and lease liabilities of ¥2,061 million. The impact on income or loss was stated to be immaterial.