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Imasen Electric Industrial (7266) · PolicyRestated

Application of ASU 2016-02, “Leases,” at Subsidiaries Applying U.S. GAAP

First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2023-Q1 – FY20232022: 220222023: 22023
Same theme, other companies
ASC 842 (Leases) Adoption MeasuresA theme 65 companies write about · 0 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2021: 2 of 11 companies on the "Worse" side.

32 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 65 companies compared. The sentences above are computed from all 65.
Full recordFilings, disclosures and news, newest first
  1. FY2023RestatedAnnual report

    「At overseas subsidiaries applying US GAAP, ASU 2016-02, “Leases (Topic 842),” was adopted from the beginning of the consolidated fiscal year under review. Lessees are generally required to recognize all leases as assets and liabilities on the consolidated balance sheet.」

    Full-year application of ASU 2016-02 at overseas subsidiaries applying US GAAP was confirmed, and the impact on the consolidated financial statements was considered immaterial.
  2. FY2023-Q3RestatedAnnual report

    「At overseas subsidiaries applying US GAAP, ASU 2016-02, “Leases (Topic 842),” was adopted from the beginning of the first quarter of the consolidated fiscal year. Lessees are generally required to recognize all leases as assets and liabilities on the consolidated balance sheet.」

    Continued application in the third quarter was confirmed for ASU 2016-02, “Leases (Topic 842),” which was adopted from the first quarter. The impact is considered immaterial.
  3. FY2023-Q2RestatedAnnual report

    「At overseas subsidiaries applying US GAAP, ASU 2016-02, “Leases (Topic 842),” was adopted from the beginning of the first quarter of the consolidated fiscal year. Lessees are generally required to recognize all leases as assets and liabilities on the consolidated balance sheet.」

    Continued application in the second quarter was confirmed for ASU 2016-02, “Leases (Topic 842),” which was adopted from the first quarter.
  4. FY2023-Q1First statedAnnual report

    「At overseas subsidiaries applying US GAAP, ASU 2016-02, “Leases (Topic 842),” was adopted from the beginning of the first quarter of the consolidated fiscal year under review. Lessees are generally required to recognize all leases as assets and liabilities on the consolidated balance sheet.」

    Overseas subsidiaries applying US GAAP began applying ASU 2016-02, “Leases (Topic 842).” The cumulative-effect transition method was adopted, and the impact on the quarterly consolidated financial statements was considered immaterial.
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Application of ASU 2016-02, “Leases,” at Subsidiaries Applying U.S. GAAP | Imasen Electric Industrial Co.,Ltd. (7266) | Komori