Preparation for the Adoption of IFRS 9, IFRS 15, IFRS 16 and Other Standards
First written in FY2017. 4 of 10 entries say "Advanced", first in FY2018. Latest entry: FY2025.
The whole theme swung hardest in 2025: 7 of 75 companies on the "Worse" side.
52 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「IFRS 18 Presentation and Disclosure in Financial Statements 1 January 2027 Fiscal year ending March 2028」
The Company newly disclosed IFRS 18 as a standard not yet adopted, stating that it plans to adopt it from the fiscal year ending March 2028 and is currently examining its impact. - FY2020-Q3RestatedAnnual report
「The Company and its consolidated subsidiaries have adopted IFRS 16, Leases, from 1 April 2019. In applying the standard, the Company adopted the modified retrospective method, under which the cumulative effect of applying the standard is recognized as an adjustment to the opening balance of equity on the date of adoption.」
The Company reconfirmed its adoption of IFRS 16 from 1 April 2019 and the use of the modified retrospective method. It disclosed a reconciliation showing lease liabilities of ¥334,540 million, including additional adjustments, recognized on the adoption date. - FY2020-Q2RestatedAnnual report
「The Company and its consolidated subsidiaries have adopted IFRS 16, Leases, from 1 April 2019. In applying the standard, the Company adopted the modified retrospective method, under which the cumulative effect of applying the standard is recognized as an adjustment to the opening balance of equity on the date of adoption. …As a result of applying the standard, lease liabilities of ¥272,232 million and right-of-use assets and other items of approximately the same amount were additionally recognized in the condensed quarterly consolidated statement of financial position as of 1 April 2019.」
The Company reconfirmed its adoption of IFRS 16 from 1 April 2019, the use of the modified retrospective method and the additional recognition of ¥272,232 million in lease liabilities and other items. - FY2020-Q1AchievedAnnual report
「The Company and its consolidated subsidiaries have adopted IFRS 16, Leases, from 1 April 2019. In applying the standard, the Company adopted the modified retrospective method, under which the cumulative effect of applying the standard is recognized as an adjustment to the opening balance of equity on the date of adoption. As a result of applying the standard, lease liabilities of ¥272,232 million and right-of-use assets and other items of approximately the same amount were additionally recognized in the condensed quarterly consolidated statement of financial position as of 1 April 2019.」
The Company began applying IFRS 16 from 1 April 2019 as planned and additionally recognized ¥272,232 million in lease liabilities and other items under the modified retrospective method. - FY2019AdvancedAnnual report
「The standard applies to consolidated fiscal years beginning on or after 1 January 2019, and the Company and its consolidated subsidiaries will adopt the standard from 1 April 2019. …The application of the standard is expected to result in the additional recognition of lease liabilities of approximately ¥268,000 million and right-of-use assets and other items of approximately the same amount on the consolidated statement of financial position as of 1 April 2019.」
The Company finalized its policy of adopting IFRS 16 from 1 April 2019 using the modified retrospective method and disclosed the expected additional recognition of approximately ¥268,000 million in lease liabilities and other items. - FY2019-Q3RestatedAnnual report
「The Company and its consolidated subsidiaries have adopted IFRS 15, Revenue from Contracts with Customers, from 1 April 2018. The impact of applying the standard on each line item in the Company’s condensed quarterly consolidated financial statements is as follows.」
The Company reconfirmed its application of IFRS 15 from 1 April 2018 and disclosed its impact on revenue, operating profit and other items for the cumulative period of the third quarter and the third quarter. - FY2019-Q2RestatedAnnual report
「The Company and its consolidated subsidiaries have adopted IFRS 15, Revenue from Contracts with Customers, from 1 April 2018. The impact of applying the standard on each line item in the Company’s condensed quarterly consolidated financial statements is as follows.」
The Company reconfirmed that it has applied the 2014 version of IFRS 9 and IFRS 15 from 1 April 2018. The disclosed impact of IFRS 15 on the cumulative period of the second quarter was revenue of ¥31,854 million, operating profit of ¥34,106 million and quarterly profit attributable to owners of the parent of ¥25,810 million, among other items. - FY2019-Q1AdvancedAnnual report
「The Company and its consolidated subsidiaries had early adopted IFRS 9, Financial Instruments (issued in November 2009 and revised in October 2010 and November 2013) (hereinafter, the “2013 version of IFRS 9”) through the previous consolidated fiscal year, but have adopted IFRS 9, Financial Instruments (revised in July 2014) (hereinafter, the “2014 version of IFRS 9”) from 1 April 2018. The Company and its consolidated subsidiaries have adopted IFRS 15, Revenue from Contracts with Customers, from 1 April 2018.」
The Company began applying the planned adoption of the 2014 version of IFRS 9 and IFRS 15 from 1 April 2018. Under IFRS 9, changes have been made to the classification and impairment of financial assets, while under IFRS 15, changes have been made to revenue recognition for free services, dealer incentives and other items. - FY2018AdvancedAnnual report
「The standard applies to consolidated fiscal years beginning on or after 1 January 2018, and the Company and its consolidated subsidiaries will adopt the standard from 1 April 2018.」
The Company disclosed its policy of adopting IFRS 9 and IFRS 15 from 1 April 2018, and plans to adopt IFRS 16 from 1 April 2019. - FY2017First statedAnnual report
「The Company and its consolidated subsidiaries plan to adopt the standard from 1 April 2018. The Company and its consolidated subsidiaries plan to adopt the standard from 1 April 2019.」
The Company plans to adopt IFRS 9 and IFRS 15 from 1 April 2018 and IFRS 16 from 1 April 2019, and is examining the impact on financial services receivables, revenue recognition and lease accounting through the respective adoption dates.