Adoption of IFRS 16 (Leases)
First written in FY2020-Q2. 2 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The “Accounting Standard for Leases” (Accounting Standards Board of Japan Statement No. 34, 13 September 2024, Accounting Standards Board of Japan) and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
The company disclosed that the new Japanese lease accounting standard is scheduled to be applied from the beginning of the fiscal year ending March 2028 and that the impact is being assessed. - FY2023AdvancedAnnual report
「The Group’s subsidiaries applying U.S. GAAP have adopted ASC 842, “Leases,” from the current consolidated fiscal year. Accordingly, for lessee lease transactions, in principle, all leases are recognized on the balance sheet as assets and liabilities.」
A subsidiary applying U.S. GAAP adopted ASC 842 and recorded ¥4,121 million in leased assets under property, plant and equipment, along with lease obligations and other items. - FY2020-Q3RestatedAnnual report
「Certain overseas consolidated subsidiaries of the Group have applied IFRS 16 (Leases) from the beginning of the first quarter of the current consolidated fiscal year and, under lessee accounting, recognize assets and liabilities for, in principle, all leases. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
The company reiterated the application of IFRS 16 at certain overseas consolidated subsidiaries and the immaterial impact on the financial statements. - FY2020-Q2First statedAnnual report
「Certain overseas consolidated subsidiaries of the Group have applied IFRS 16 (Leases) from the beginning of the first quarter of the current consolidated fiscal year and, under lessee accounting, recognize assets and liabilities for, in principle, all leases.」
Certain overseas consolidated subsidiaries began applying IFRS 16 from the beginning of the first quarter of the consolidated fiscal year and began recognizing assets and liabilities for, in principle, all leases.