Recognition of Right-of-Use Assets and Lease Liabilities upon Adoption of IFRS 16
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2025: 7 of 21 companies on the "Worse" side.
81 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「As a result, compared with applying the previous accounting standards, assets increased by ¥391,100 million, liabilities increased by ¥415,116 million and retained earnings decreased by ¥23,107 million at the beginning of the period. In addition, in the condensed interim consolidated statement of cash flows, cash payments for the principal portion of lease liabilities are classified as financing activities, resulting in an increase in cash flows from operating activities and an equal decrease in cash flows from financing activities.」
The effects of applying IFRS 16 on assets, liabilities, retained earnings and cash flow classifications at the beginning of the period continue to be disclosed. - FY2020-Q2RestatedAnnual report
「We have applied IFRS 16, “Leases,” since the first quarter. As a result of applying this standard, leases of lessees that had previously been classified as operating leases under IAS 17, “Leases,” were recognized as right-of-use assets and lease liabilities at the date of initial application.」
The policy of applying IFRS 16 and recognizing right-of-use assets and lease liabilities has continued since the first quarter. - FY2020-Q1First statedAnnual report
「We have applied IFRS 16, “Leases,” since the first quarter. As a result of applying this standard, leases of lessees that had previously been classified as operating leases under IAS 17, “Leases,” were recognized as right-of-use assets and lease liabilities at the date of initial application.」
Applied IFRS 16 from the first quarter and recognized operating leases as right-of-use assets and lease liabilities. At the date of initial application, assets increased by ¥391.1 billion, liabilities increased by ¥415.1 billion and retained earnings decreased by ¥23.1 billion.