Adoption of IFRS 16 “Leases” by overseas consolidated subsidiaries
First written in FY2020-Q2. 5 of 8 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2023Updated the year-end impact of lease adoptionAnnual report
「As a result, “Other” under property, plant and equipment increased by ¥367 million, “Other” under current liabilities by ¥132 million and “Other” under non-current liabilities by ¥234 million at the end of the current consolidated fiscal year.」
Updated the year-end impact of applying US GAAP ASU 2016-02 to ¥367 million in property, plant and equipment, ¥132 million in current liabilities and ¥234 million in non-current liabilities. - FY2023-Q3RestatedAnnual report
「Certain overseas consolidated subsidiaries that apply US GAAP have applied US GAAP ASU 2016-02, Leases, from the beginning of the first quarter of the fiscal year. As a result, lessees' lease transactions at those consolidated subsidiaries generally recognize all leases as assets and liabilities on the balance sheet. Consequently, “Other” under property, plant and equipment increased by ¥362 million, “Other” under current liabilities by ¥85 million and “Other” under non-current liabilities by ¥276 million at the end of the third quarter of the current consolidated fiscal year.」
The company reconfirmed the application of ASU 2016-02 at certain overseas consolidated subsidiaries that apply US GAAP and updated the impact on assets and liabilities at the end of the third quarter. - FY2023-Q2RestatedAnnual report
「Certain overseas consolidated subsidiaries that apply US GAAP have applied US GAAP ASU 2016-02, Leases, from the beginning of the first quarter of the fiscal year. As a result, lessees' lease transactions at those consolidated subsidiaries generally recognize all leases as assets and liabilities on the balance sheet.」
The company continued to disclose the application of ASU 2016-02 at certain overseas consolidated subsidiaries that apply US GAAP, reporting increases of ¥390 million in property, plant and equipment, ¥96 million in current liabilities and ¥293 million in non-current liabilities. - FY2023-Q1Added the application of US GAAP lease accountingAnnual report
「Certain overseas consolidated subsidiaries that apply US GAAP have applied US GAAP ASU 2016-02, Leases, from the beginning of the first quarter of the current fiscal year. As a result, lessees' lease transactions at those consolidated subsidiaries generally recognize all leases as assets and liabilities on the balance sheet.」
In addition to the existing application of IFRS 16, certain overseas consolidated subsidiaries that apply US GAAP adopted ASU 2016-02. Property, plant and equipment increased by ¥446 million, current liabilities by ¥121 million and non-current liabilities by ¥325 million. - FY2021RestatedAnnual report
「Certain overseas consolidated subsidiaries apply IFRS 16 Leases and recognize rent for real estate and other assets as right-of-use assets.」
The company continues to apply IFRS 16 at overseas consolidated subsidiaries and recognize right-of-use assets. - FY2020RestatedAnnual report
「At overseas consolidated subsidiaries applying International Financial Reporting Standards, IFRS 16 Leases (hereinafter, “IFRS 16”) has been applied from the current consolidated fiscal year. As a result, lessees generally recognize all leases as assets and liabilities, and certain assets previously included in investments and other assets have been reclassified as property, plant and equipment.」
The company also confirmed in its annual report the application of IFRS 16 Leases at overseas consolidated subsidiaries and the accounting treatment for lease assets, liabilities and other items. - FY2020-Q3RestatedAnnual report
「At overseas consolidated subsidiaries applying International Financial Reporting Standards, IFRS 16 Leases (hereinafter, “IFRS 16”) has been applied from the first quarter of the fiscal year. As a result, lessees generally recognize all leases as assets and liabilities, and certain assets previously included in investments and other assets have been reclassified as property, plant and equipment.」
The company reconfirmed the application of IFRS 16 at overseas consolidated subsidiaries from the first quarter and the accounting treatment for lease assets, liabilities and other items. - FY2020-Q2First statedAnnual report
「At overseas consolidated subsidiaries applying International Financial Reporting Standards, IFRS 16 Leases (hereinafter, “IFRS 16”) has been applied from the first quarter of the fiscal year.」
At overseas consolidated subsidiaries, IFRS 16 Leases was applied from the first quarter, changing the classification of property, plant and equipment, liabilities and other items. The impact on profit and loss was described as immaterial.