Application of ASC 842, “Leases”
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2021: 2 of 11 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「At an overseas consolidated subsidiary that applies U.S. GAAP, ASC 842, "Leases," has been applied from the first quarter of the consolidated accounting period. As a result, substantially all leases in which the overseas consolidated subsidiary is the lessee are now recognized as assets and liabilities on the balance sheet.」
The accounting treatment under ASC 842, "Leases," applied from FY2023-Q1 continues, and the impact on the quarterly consolidated financial statements is described as immaterial. - FY2023-Q2RestatedAnnual report
「At an overseas consolidated subsidiary that applies U.S. GAAP, ASC 842, "Leases," has been applied from the first quarter of the consolidated accounting period. As a result, substantially all leases in which the overseas consolidated subsidiary is the lessee are now recognized as assets and liabilities on the balance sheet.」
The accounting treatment under ASC 842, "Leases," applied from FY2023-Q1 continues, and the impact on the quarterly consolidated financial statements is described as immaterial. - FY2023-Q1First statedAnnual report
「At an overseas consolidated subsidiary that applies U.S. GAAP, ASC 842, "Leases," has been applied from the first quarter of the current consolidated accounting period. As a result, substantially all leases in which the overseas consolidated subsidiary is the lessee are now recognized as assets and liabilities on the balance sheet.」
At an overseas consolidated subsidiary applying U.S. GAAP, ASC 842, "Leases," was applied from FY2023-Q1, changing the accounting treatment so that lessee leases are generally recognized as assets and liabilities. The impact on the quarterly consolidated financial statements is described as immaterial.