Application of IFRS 16, “Leases”
First written in FY2020-Q1. 4 of 6 entries say "Restated". Latest entry: FY2026.
Car Mate Mfg. moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2021: 3 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Overseas consolidated subsidiaries apply International Financial Reporting Standard 16, Leases, and U.S. GAAP ASC 842, Leases.」
In addition to applying IFRS 16, the company explicitly disclosed the application of ASC 842 to its U.S. subsidiaries. - FY2025RestatedAnnual report
「Overseas consolidated subsidiaries apply International Financial Reporting Standard 16, Leases (hereinafter, “IFRS 16”).」
The application of IFRS 16 by overseas consolidated subsidiaries and the policy of depreciating right-of-use assets using the straight-line method continued. - FY2024RestatedAnnual report
「Right-of-use assets Straight-line method, using the lease term as the useful life and zero residual value」
The depreciation policy for right-of-use assets under IFRS 16 continued to apply. - FY2020-Q3RestatedAnnual report
「A subsidiary applying International Financial Reporting Standards has applied International Financial Reporting Standard 16, Leases, from the first quarter of the consolidated fiscal year. As a result, lessees are generally required to recognise all leases as assets and liabilities on the balance sheet.」
The application of IFRS 16 continued to be disclosed in the third quarter. - FY2020-Q2RestatedAnnual report
「A subsidiary applying International Financial Reporting Standards has applied International Financial Reporting Standard 16, Leases, from the first quarter of the consolidated fiscal year. As a result, lessees are generally required to recognise all leases as assets and liabilities on the balance sheet.」
The application of IFRS 16 continued to be disclosed in the second quarter. - FY2020-Q1First statedAnnual report
「Subsidiaries applying International Financial Reporting Standards have applied IFRS 16, Leases, from the first quarter of the current consolidated fiscal year. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet.」
A consolidated subsidiary applying International Financial Reporting Standards adopted IFRS 16 from the first quarter of the current consolidated fiscal year and introduced an accounting policy of recognizing leases as a lessee as assets and liabilities in principle.