Initial Adoption of IFRS 16, Leases
First written in FY2020-Q1. 2 of 5 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 24 companies on the "Worse" side.
18 other companies' latest entry also says "Other".
- FY2026Planned adoption of the domestic lease accounting standardAnnual report
「The “Accounting Standard for Leases” and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
In addition to continuing to apply IFRS 16, the company plans to apply Japan's new lease accounting standard from the beginning of the fiscal year ending March 2028, with the amount of the impact still under assessment. - FY2020AdvancedAnnual report
「As a result, in the consolidated balance sheet for the consolidated fiscal year under review, “lease assets” under property, plant and equipment increased by ¥357 million, while “lease liabilities” under current liabilities and non-current liabilities increased by ¥161 million and ¥148 million, respectively. The impact on the consolidated results of operations and cash flows for the consolidated fiscal year under review was immaterial.」
The continued application of IFRS 16 was disclosed, including its full-year impact of ¥357 million in lease assets, ¥161 million in lease liabilities under current liabilities and ¥148 million in lease liabilities under non-current liabilities. - FY2020-Q3RestatedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, the group has applied IFRS 16, “Leases,” except at the Company and its domestic subsidiaries that use Japanese GAAP and its US subsidiaries that apply US GAAP. As a result, lessees are required, in principle, to recognize assets and liabilities for all leases. The impact of applying this standard on the group's quarterly consolidated financial statements was immaterial.」
The application of IFRS 16 and its immaterial impact on the quarterly consolidated financial statements have been reconfirmed. - FY2020-Q2AdvancedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, the group has applied IFRS 16, “Leases,” except at the Company and its domestic subsidiaries that use Japanese GAAP and its US subsidiaries that apply US GAAP. As a result, lessees are required, in principle, to recognize assets and liabilities for all leases. The impact of applying this standard on the group's quarterly consolidated financial statements was immaterial.」
The continued application of IFRS 16 was disclosed, and the impact on the quarterly consolidated financial statements was shown to be immaterial. - FY2020-Q1First statedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, the group has applied IFRS 16, “Leases,” except at the Company and its domestic subsidiaries that use Japanese GAAP and its US subsidiaries that apply US GAAP. As a result, lessees are required, in principle, to recognize assets and liabilities for all leases.」
Group companies other than those using Japanese GAAP and those applying US GAAP adopted IFRS 16 from the beginning of the first quarter of the current consolidated fiscal year and changed to accounting that recognizes lease assets and liabilities for lessees.