Application of IFRS 16 Leases
First written in FY2020-Q1. 2 of 6 entries say "Restated". Latest entry: FY2026.
Tachi-S moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2025: 7 of 19 companies on the "Worse" side.
11 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2028.」
In addition to the existing application of IFRS 16 and ASC 842, the company indicated that it plans to apply Japan's new lease accounting standard from the beginning of the fiscal year ending March 2028. - FY2023-Q2RestatedAnnual report
「Certain overseas consolidated subsidiaries that adopt U.S. GAAP have applied ASC 842, "Leases," from the first-quarter consolidated accounting period. As a result, lessees' lease transactions at those overseas consolidated subsidiaries are required, in principle, to be recognized as assets and liabilities on the balance sheet.」
The company has reiterated the application of ASC 842 to certain overseas consolidated subsidiaries and the recognition of leases as assets and liabilities. The impact on profit and loss and cash flow for the cumulative second quarter is described as immaterial. - FY2023-Q1ReframedAnnual report
「Certain overseas consolidated subsidiaries that adopt U.S. GAAP have applied ASC 842, "Leases," from the first-quarter consolidated accounting period. As a result, lessees' lease transactions at those overseas consolidated subsidiaries are required, in principle, to be recognized as assets and liabilities on the balance sheet.」
In addition to the prior application of IFRS 16, ASC 842 has been applied to certain overseas subsidiaries that adopt U.S. GAAP, broadening the scope of leases recognized as assets and liabilities across the group. - FY2020AdvancedAnnual report
「As a result, in the consolidated balance sheet for the current consolidated fiscal year, "property, plant and equipment" increased by ¥4,138 million, while "other" current liabilities increased by ¥1,023 million and "other" non-current liabilities increased by ¥3,262 million.」
The application of IFRS 16 was reflected in the annual accounts, with the specific amounts of its impact on assets, current liabilities and non-current liabilities disclosed. - FY2020-Q2RestatedAnnual report
「Subsidiaries applying International Financial Reporting Standards adopted International Financial Reporting Standard 16, "Leases" (hereinafter, "IFRS 16"), from the first-quarter consolidated accounting period. As a result, lessees are required, in principle, to recognize all leases as assets and liabilities on the balance sheet. Consequently, as of the end of the second-quarter consolidated accounting period, "property, plant and equipment" increased by ¥1,302 million, while "other" current liabilities increased by ¥342 million and "other" non-current liabilities increased by ¥1,040 million.」
The company has reiterated the application of IFRS 16 and its impact at the end of the second quarter, including increases in property, plant and equipment and liabilities. - FY2020-Q1First statedAnnual report
「Subsidiaries applying International Financial Reporting Standards have applied International Financial Reporting Standard 16, "Leases" (hereinafter, "IFRS 16"), from the first-quarter consolidated accounting period. As a result, lessees are required, in principle, to recognize all leases as assets and liabilities on the balance sheet.」
The company has newly disclosed that subsidiaries applying IFRS adopted IFRS 16 from the current quarter and, in principle, recognize leases as assets and liabilities.