Application of IFRS 16, “Leases,” to Certain Overseas Subsidiaries
First written in FY2020-Q1. . Latest entry: FY2020.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2020Updated the amount applied for the fiscal yearAnnual report
「As a result, “Other (net)” under property, plant and equipment increased by ¥61,386 thousand during the current consolidated fiscal year, while lease liabilities under current liabilities increased by ¥44,574 thousand and lease liabilities under non-current liabilities increased by ¥17,910 thousand.」
Regarding the application of IFRS 16 to certain overseas consolidated subsidiaries, the company disclosed a ¥61,386 thousand increase in assets at the fiscal year-end and increases in current and non-current lease liabilities. - FY2020-Q3Updated the amount applied at the end of the third quarterAnnual report
「As a result, “Other” under property, plant and equipment increased by ¥67,381 thousand at the end of the current third quarter of the consolidated fiscal year, while lease liabilities under current liabilities increased by ¥44,243 thousand and lease liabilities under non-current liabilities increased by ¥24,335 thousand.」
The disclosure updates the increases in assets and lease liabilities at the end of the third quarter resulting from the application of IFRS 16 to certain overseas consolidated subsidiaries. - FY2020-Q2Updated the amount applied at the end of the second quarterAnnual report
「As a result, “Other” under property, plant and equipment increased by ¥81,365 thousand at the end of the current second quarter of the consolidated fiscal year, while lease liabilities under current liabilities increased by ¥46,797 thousand and lease liabilities under non-current liabilities increased by ¥35,596 thousand.」
The disclosure updates the increases in assets and lease liabilities at the end of the second quarter resulting from the application of IFRS 16 “Leases.” - FY2020-Q1First statedAnnual report
「Beginning with the current first quarter of the consolidated fiscal year, certain overseas subsidiaries have applied IFRS 16 “Leases.” As a result, leases for lessees are, in principle, all recognized as assets and liabilities on the balance sheet.」
Certain overseas subsidiaries applied IFRS 16 beginning in FY2020-Q1, changing their accounting treatment so that lessees’ leases are, in principle, recognized as assets and liabilities. The company disclosed increases of ¥92,494 thousand in property, plant and equipment, ¥50,307 thousand in lease liabilities under current liabilities, and ¥43,027 thousand in lease liabilities under non-current liabilities.