Application of IFRS 16 from the Fiscal Year Ending March 2020
First written in FY2019. 1 of 4 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2025.
Fuji Oozx moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 7 of 20 companies on the "Worse" side.
9 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The Accounting Standard for Leases and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
Separately from IFRS 16, which has already been applied by overseas consolidated subsidiaries, the Company stated that it plans to apply the new Japanese lease accounting standard and related requirements from the beginning of the fiscal year ending March 2028. The amount of the impact is being assessed. - FY2020-Q3RestatedAnnual report
「As a result, property, plant and equipment increased by ¥191.048 million at the end of the third quarter, while other current liabilities increased by ¥12.136 million and other non-current liabilities increased by ¥179.792 million. The impact on profit or loss for the nine-month period was immaterial.」
The application of IFRS 16 by overseas consolidated subsidiaries continued, and the Company disclosed increases of ¥191.048 million in property, plant and equipment, ¥12.136 million in current liabilities and ¥179.792 million in non-current liabilities at the end of the third quarter. - FY2020-Q1AchievedAnnual report
「Overseas consolidated subsidiaries that apply IFRS adopted IFRS 16 Leases from the first quarter of the current fiscal year. As a result, lessees are required, in principle, to recognise all leases as assets and liabilities on the balance sheet. Accordingly, property, plant and equipment increased by ¥62.739 million at the end of the first quarter, while other current liabilities increased by ¥4.250 million and other non-current liabilities increased by ¥55.788 million.」
IFRS 16, which had been scheduled for adoption from the beginning of the fiscal year ending March 2020, was implemented by overseas consolidated subsidiaries applying IFRS from the first quarter. Adoption increased property, plant and equipment and lease-related liabilities. - FY2019First statedAnnual report
「IFRS 16 Leases (13 January 2016) requires lessees, in principle, to recognise assets and liabilities for all leases. The Company plans to apply the standard from the beginning of the fiscal year ending March 2020. The amount of the impact was being assessed when these consolidated financial statements were prepared.」
The Company planned to apply IFRS 16 from the beginning of the fiscal year ending March 2020 and was assessing the amount of the impact on the financial statements.