Preparation for applying IFRS 15 and IFRS 16
First written in FY2018. 4 of 8 entries say "Restated". Latest entry: FY2020-Q3.
33 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The consolidated group has applied IFRS 16, Leases, from the current consolidated fiscal year. In applying IFRS 16, the group adopted the transition method permitted under the standard, under which the cumulative effect of applying the standard is recognized at the date of initial application.」
For IFRS 16, which was adopted from 1 April 2019, the group continues to apply the method of recognizing the cumulative effect at the date of initial application. - FY2020-Q2RestatedAnnual report
「The consolidated group has applied IFRS 16, Leases, from the current consolidated fiscal year. In applying IFRS 16, the group adopted the transition method permitted under the standard, under which the cumulative effect of applying the standard is recognized at the date of initial application.」
For IFRS 16, which was adopted from 1 April 2019, the group continues to apply the method of recognizing the cumulative effect at the date of initial application. - FY2020-Q1AchievedAnnual report
「The consolidated group has applied IFRS 16, Leases, from the current consolidated fiscal year. In applying IFRS 16, the group adopted the transition method permitted under the standard, under which the cumulative effect of applying the standard is recognized at the date of initial application.」
IFRS 16, which was described as under preparation in the previous period, was adopted from 1 April 2019. At the date of initial application, lease liabilities of ¥17.895 billion and right-of-use assets of ¥16.667 billion were recognized. - FY2019AdvancedAnnual report
「Upon applying IFRS 16, as a general rule, a right-of-use asset representing the right to use the underlying asset and a lease liability representing the obligation to make lease payments will be recognized in the consolidated statement of financial position for virtually all lease transactions. The consolidated group plans to apply the standard using the modified retrospective approach. Upon initial application, the group estimates that, as of the date of initial application (1 April 2019), right-of-use assets and lease liabilities will each increase by approximately ¥17 billion.」
IFRS 16 will be applied using the modified retrospective approach from the fiscal year ending March 2020. The group estimates that right-of-use assets and lease liabilities will each increase by approximately ¥17 billion at the date of initial application. - FY2019-Q3RestatedAnnual report
「The consolidated group has applied IFRS 15, Revenue from Contracts with Customers, from the third quarter of the current consolidated fiscal year. In applying IFRS 15, the group adopted the transition method permitted under the standard, under which the cumulative effect of applying the standard is recognized at the date of initial application.」
For IFRS 15, which was adopted from the previous quarter, the group continues to apply the method of recognizing the cumulative effect at the date of initial application and the five-step approach. - FY2019-Q2RestatedAnnual report
「The consolidated group has applied IFRS 15, Revenue from Contracts with Customers, from the second quarter of the current consolidated fiscal year. In applying IFRS 15, the group adopted the transition method permitted under the standard, under which the cumulative effect of applying the standard is recognized at the date of initial application. (1) Revenue recognition Following the adoption of IFRS 15, revenue is recognized based on the five-step approach described below.」
For IFRS 15, which was adopted from the previous quarter, the group continues to apply the method of recognizing the cumulative effect at the date of initial application and the five-step approach. - FY2019-Q1AdvancedAnnual report
「The consolidated group has applied IFRS 15, Revenue from Contracts with Customers, from the first quarter of the current consolidated fiscal year. In applying IFRS 15, the group adopted the transition method permitted under the standard, under which the cumulative effect of applying the standard is recognized at the date of initial application.」
IFRS 15, which was described as under preparation in the previous period, was adopted from the first quarter of the current consolidated fiscal year. The transition method of recognizing the cumulative effect at the date of initial application was adopted. - FY2018First statedAnnual report
「For IFRS 15, the timing of revenue recognition will change from the previous treatment because the timing of recognition of performance obligations has been reassessed for certain transactions, but the impact is immaterial. The impact of applying IFRS 16 is also under review and cannot be estimated at this time.」
IFRS 15 was scheduled to be adopted from the fiscal year ending March 2019 and IFRS 16 from the fiscal year ending March 2020, and the effects of changes in the timing of revenue recognition and application of the leases standard were being reviewed.