Recognition of right-of-use assets and lease liabilities under IFRS 16
First written in FY2020-Q1. 1 of 3 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2020-Q3Impact at the end of the third quarterAnnual report
「This was mainly due to an increase of ¥41.453 billion in property, plant and equipment resulting from the application of IFRS 16 and other factors. Total liabilities also increased by ¥29.629 billion from the end of the previous consolidated fiscal year to ¥259.436 billion. This was mainly due to an increase of ¥50.207 billion in lease liabilities resulting from the application of IFRS 16 and other factors.」
The recognition of right-of-use assets and lease liabilities upon the application of IFRS 16 continues to be the main cause of the increase in assets and liabilities at the end of the third quarter. - FY2020-Q2RestatedAnnual report
「The Group has applied the following standards from the first quarter of the consolidated fiscal year.」
The application of IFRS 16 from the first quarter continued to be disclosed in the second quarter. The disclosure also states that, upon initial application, total assets increased by ¥53.395 billion and liabilities by ¥54.931 billion, while retained earnings decreased by ¥1.146 billion. - FY2020-Q1First statedAnnual report
「Upon adoption of IFRS 16, for leases in which the Group is the lessee, right-of-use assets and lease liabilities are recognized in the condensed quarterly consolidated statement of financial position at the commencement date of the lease when a contract is, or contains, a lease.」
IFRS 16 was adopted from the first quarter of fiscal 2019, increasing total assets by ¥52.692 billion and liabilities by ¥54.228 billion at the beginning of the period, while reducing retained earnings by ¥1.146 billion.