Recognition of Lease Assets and Liabilities Under IFRS 16
First written in FY2020-Q1. 1 of 4 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2020.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2020Updated the impact of adopting IFRS 16 at fiscal year-endAnnual report
「As a result, in the consolidated balance sheet for the current consolidated fiscal year, “Buildings and structures (net)” increased by ¥3,577 million and “Machinery, equipment and vehicles (net)” increased by ¥38 million. Current “Lease liabilities” increased by ¥1,256 million and non-current “Lease liabilities” increased by ¥2,420 million.」
Updated the impact of IFRS 16 adoption on assets and lease liabilities at fiscal year-end. - FY2020-Q3Updated the impact of adopting IFRS 16 at the end of the third quarterAnnual report
「As a result, at the end of the third quarter of the current consolidated fiscal year, “Buildings and structures (net)” increased by ¥3,227 million and “Machinery, equipment and vehicles (net)” increased by ¥41 million. Current “Lease liabilities” increased by ¥1,178 million and non-current “Lease liabilities” increased by ¥2,127 million.」
Updated the impact of IFRS 16 adoption on assets and lease liabilities at the end of the third quarter. - FY2020-Q2AdvancedAnnual report
「As a result, at the end of the second quarter of the current consolidated fiscal year, “Buildings and structures (net)” increased by ¥3,063 million and “Machinery, equipment and vehicles (net)” increased by ¥47 million. Current “Lease liabilities” increased by ¥964 million and non-current “Lease liabilities” increased by ¥2,166 million.」
The impact of recognizing leases as assets and liabilities following the adoption of IFRS 16 was specifically disclosed as of the end of the second quarter. - FY2020-Q1First statedAnnual report
「Subsidiaries applying International Financial Reporting Standards have applied IFRS 16, Leases, from the first quarter of the current consolidated fiscal year. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet.」
Following the adoption of IFRS 16, the accounting policy was changed so that lessee leases at the relevant subsidiaries are, in principle, recognized as assets and liabilities on the balance sheet. As a result of the adoption, buildings and structures, machinery and equipment, and current and non-current lease liabilities increased.