Application of IFRS 16 “Leases” to Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 2 of 3 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2020-Q3.
The whole theme swung hardest in 2025: 5 of 17 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- FY2020-Q3AdvancedAnnual report
「As a result, “Other” under property, plant and equipment increased by ¥1,541 million, while “Other” under current liabilities increased by ¥138 million and “Other” under non-current liabilities increased by ¥1,446 million at the end of the current third-quarter consolidated accounting period.」
The company disclosed, as of the end of the third quarter, increases of ¥1,541 million in assets, ¥138 million in current liabilities, and ¥1,446 million in non-current liabilities resulting from the adoption of IFRS 16. - FY2020-Q2AdvancedAnnual report
「As a result, “Other” under property, plant and equipment increased by ¥1,458 million, while “Other” under current liabilities increased by ¥129 million and “Other” under non-current liabilities increased by ¥1,362 million at the end of the current second-quarter consolidated accounting period.」
The company specifically disclosed, as of the end of the second quarter, increases of ¥1,458 million in assets, ¥129 million in current liabilities, and ¥1,362 million in non-current liabilities resulting from the adoption of IFRS 16. - FY2020-Q1First statedAnnual report
「Overseas consolidated subsidiaries applying International Financial Reporting Standards adopted International Financial Reporting Standard 16, Leases (hereinafter, “IFRS 16”), from the beginning of the current first-quarter consolidated accounting period. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」
IFRS 16 was applied to the overseas consolidated subsidiaries from the current first-quarter consolidated accounting period, increasing the amounts recognized for property, plant and equipment, current liabilities, and non-current liabilities.