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Kyushu Financial Group (7180) · InitiativeFirst stated

New Lease Accounting Standard Scheduled to Apply from the Fiscal Year Ending March 2028

First written in FY2026-H1. . Latest entry: FY2026-H1.

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  1. FY2026-H1First statedAnnual report

    「(2) Scheduled effective date The standard is scheduled to be applied from the beginning of the fiscal year ending March 2028. (3) Impact of applying the accounting standards, etc. The impact on the consolidated financial statements of applying the Accounting Standard for Leases and related standards is currently being assessed.」

    Regarding the new lease accounting standards published in September 2024, the company disclosed for the first time that it plans to apply them from the beginning of the fiscal year ending March 2028. The accounting model requires recognition of right-of-use assets and lease liabilities for all leases held by lessees, while the impact on the financial statements is still being assessed.
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New Lease Accounting Standard Scheduled to Apply from the Fiscal Year Ending March 2028 | Kyushu Financial Group,Inc. (7180) | Komori