Recognition of Right-of-Use Assets and Lease Liabilities upon Adoption of IFRS 16
First written in FY2020-Q2. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「As a result, at the beginning of the consolidated fiscal year, other property, plant and equipment, mainly right-of-use assets, increased by ¥282,733 million, while lease liabilities included in current and non-current liabilities increased by ¥291,079 million. Retained earnings and non-controlling interests decreased by ¥17,331 million and ¥12,359 million, respectively.」
Reconfirmed in the full-year disclosure the impact of applying IFRS 16 to overseas consolidated subsidiaries and other entities on right-of-use assets, lease liabilities and net assets. - FY2020-Q3RestatedAnnual report
「As a result, at the beginning of the first-quarter consolidated accounting period, other property, plant and equipment, mainly right-of-use assets, increased by ¥283,008 million, while other current and non-current liabilities, mainly lease liabilities, increased by ¥291,260 million. Retained earnings and non-controlling interests decreased by ¥17,579 million and ¥12,359 million, respectively.」
Reiterated the impact on the financial statements of applying IFRS 16 to overseas consolidated subsidiaries and other entities and recognizing right-of-use assets and lease liabilities. - FY2020-Q2First statedAnnual report
「Overseas consolidated subsidiaries and other entities adopted IFRS 16 Leases from the beginning of the first-quarter consolidated accounting period. Accordingly, for leases as lessee, we recognized right-of-use assets and lease liabilities for, in principle, all leases, and recorded depreciation of right-of-use assets and interest expense on lease liabilities.」
Applied IFRS 16 at overseas consolidated subsidiaries and other entities and recognized right-of-use assets of ¥281,152 million and lease liabilities of ¥288,739 million at the beginning of the period.