Recognition of Lease Assets and Liabilities Following 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: 4 of 17 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「As a result, at the beginning of the current first-quarter consolidated accounting period, “Other” under property, plant and equipment increased by ¥102,015 million, “Other” under intangible assets increased by ¥324 million, “Other” under current liabilities increased by ¥8,734 million, “Other” under non-current liabilities increased by ¥95,163 million, and retained earnings decreased by ¥1,528 million.」
The application of IFRS 16 to overseas consolidated subsidiaries was continued, and the impacts on assets, liabilities and retained earnings arising from the recognition of lease assets and liabilities were disclosed. - FY2020-Q2RestatedAnnual report
「IFRS 16 requires lessees to recognize assets and liabilities for, in principle, all leases, among other requirements. In applying the standard, the company adopted the transition method permitted under the standard of recognizing the cumulative effect of applying the standard at the date of initial application.」
The application of IFRS 16 to overseas consolidated subsidiaries was continued, and the recognition of lease assets and liabilities and the treatment of the cumulative effect were disclosed. - FY2020-Q1First statedAnnual report
「At overseas consolidated subsidiaries applying International Financial Reporting Standards (IFRS), IFRS 16, “Leases” (13 January 2016; hereinafter “IFRS 16”), has been applied from the beginning of the current first-quarter consolidated accounting period. IFRS 16 requires lessees to recognize assets and liabilities for, in principle, all leases, among other requirements.」
IFRS 16 was applied to overseas consolidated subsidiaries from the beginning of the period, changing the accounting policy to recognize assets and liabilities for, in principle, all leases.