Adoption of IFRS 16, Leases, by Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「As a result, in the consolidated balance sheet for the fiscal year, “Other” under property, plant and equipment increased by ¥198.811 million, while “Lease obligations” under current liabilities increased by ¥16.639 million and “Lease obligations” under non-current liabilities increased by ¥185.665 million.」
The filing states the finalized impact on assets and liabilities for the full fiscal year of applying IFRS 16 to the overseas consolidated subsidiary. - FY2020-Q3RestatedAnnual report
「A subsidiary applying International Financial Reporting Standards has applied International Financial Reporting Standard 16, Leases (hereinafter, “IFRS 16”), from the first quarter. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」
The overseas consolidated subsidiary continued to apply IFRS 16 and recognize leased assets and liabilities. At the end of the third quarter, property, plant and equipment had increased by ¥203.623 million, with a minor impact on profit and loss. - FY2020-Q2RestatedAnnual report
「A subsidiary applying International Financial Reporting Standards has applied International Financial Reporting Standard 16, Leases (hereinafter, “IFRS 16”), from the first quarter. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」
The overseas consolidated subsidiary continued to apply IFRS 16 in the second quarter. At the end of the quarter, property, plant and equipment had increased by ¥208.511 million, other current liabilities by ¥16.321 million, and other non-current liabilities by ¥193.993 million. - 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.」
An overseas consolidated subsidiary applied IFRS 16 from the first quarter and changed its accounting treatment so that, in principle, all leases for lessees are recognized as assets and liabilities. Property, plant and equipment increased by ¥207 million, other current liabilities by ¥15 million, and other non-current liabilities by ¥193 million, with a minor impact on profit and loss.