Application of IFRS Financial Instruments and Leases Standards at Overseas Consolidated Subsidiaries
First written in FY2021-Q1. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.
The whole theme swung hardest in 2021: 3 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「Certain overseas consolidated subsidiaries have applied the following accounting standards under International Financial Reporting Standards from the beginning of the current consolidated fiscal year.」
Overseas consolidated subsidiaries began applying IFRS standards for financial instruments and leases. Applying the financial instruments standard increased the allowance for doubtful accounts by ¥170 million and retained earnings by ¥195 million. - FY2021-Q1First statedAnnual report
「Certain overseas consolidated subsidiaries have applied the following accounting standards under International Financial Reporting Standards from the beginning of the first quarter of the current consolidated fiscal year. For the application of these standards, the companies have adopted a method of recognizing the cumulative effect of applying the standards at the date of initial application in accordance with the transitional provisions.」
Certain overseas consolidated subsidiaries began applying IFRS standards for financial instruments and leases from the first quarter.