Recognition of Right-of-Use Assets and Lease Liabilities Following IFRS 16 Adoption by Overseas Subsidiaries
First written in FY2020-Q3. 1 of 3 entries say "Reframed", first in FY2025. Latest entry: FY2026.
Maxvalu Tokai moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The standards will be applied from the beginning of the fiscal year ending February 2029.」
The planned adoption date for the new lease accounting standard has been changed from the fiscal year ending February 2028 to the fiscal year ending February 2029. - FY2025ReframedAnnual report
「It will be applied from the beginning of the fiscal year ending February 2028.」
In addition to the previous disclosures on applying IFRS 16 to overseas subsidiaries, the company plans to apply the new Japanese lease accounting standard and related standards from the beginning of the fiscal year ending February 2028, with the amount of the impact still under assessment. - FY2020-Q3First statedAnnual report
「The overseas consolidated subsidiaries have applied IFRS 16, Leases, from the beginning of the first quarter of the fiscal year. Accordingly, for leases in which they are lessees, they generally recognise right-of-use assets and lease liabilities for all leases, and record depreciation of right-of-use assets and interest expense on lease liabilities.」
A new accounting policy has been disclosed under which the overseas consolidated subsidiaries apply IFRS 16 and generally recognise right-of-use assets and lease liabilities for all leases.