Application of IFRS 16 Leases to Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2023.
Shin-Etsu Polymer moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2021: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2023ReframedAnnual report
「An overseas consolidated subsidiary that applies US GAAP has applied ASC 842 “Leases” from the beginning of the current consolidated fiscal year. As a result, in principle, all lease transactions involving lessees at the overseas consolidated subsidiary are recognized as assets and liabilities on the balance sheet.」
In addition to the previously described IFRS 16, the US GAAP-applying subsidiary began applying ASC 842 from the beginning of the fiscal year. The impact on the consolidated financial statements was described as immaterial. - FY2020-Q3RestatedAnnual report
「Certain overseas consolidated subsidiaries have applied IFRS 16 “Leases” from the first quarter of the current consolidated fiscal year. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
Certain overseas consolidated subsidiaries applied IFRS 16 “Leases” from the first quarter, and the description that the impact on the financial statements was immaterial continued. - FY2020-Q2RestatedAnnual report
「Certain overseas consolidated subsidiaries have applied IFRS 16 “Leases” from the first quarter of the current consolidated fiscal year. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
Certain overseas consolidated subsidiaries applied IFRS 16 “Leases” from the first quarter, and the description that the impact on the financial statements was immaterial continued. - FY2020-Q1First statedAnnual report
「Certain overseas consolidated subsidiaries have applied IFRS 16 “Leases” from the first quarter of the current consolidated fiscal year. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
Certain overseas consolidated subsidiaries applied IFRS 16 “Leases” from the first quarter of the current consolidated fiscal year, and the impact on the financial statements was described as immaterial.