Application of IFRS 16 “Leases” to Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 2 of 3 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2020-Q3.
The whole theme swung hardest in 2025: 5 of 19 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- FY2020-Q3AdvancedAnnual report
「As a result, at the end of the third quarter of the current consolidated fiscal year, right-of-use assets (net) under property, plant and equipment increased by ¥14,144 million, current lease liabilities increased by ¥520 million, non-current lease liabilities increased by ¥12,351 million, and “Other” under investments and other assets decreased by ¥1,794 million.」
The impact at the end of the third quarter of applying IFRS 16, including the effects on right-of-use assets and lease liabilities, was quantified. - FY2020-Q2AdvancedAnnual report
「At overseas consolidated subsidiaries applying International Financial Reporting Standards (IFRS), IFRS 16 “Leases” was applied from the first quarter of the current consolidated fiscal year, and the accounting method was changed so that, in principle, all leases for which the subsidiaries are lessees are recognized as assets and liabilities on the consolidated balance sheet. As a result, at the end of the second quarter of the current consolidated fiscal year, right-of-use assets (net) under property, plant and equipment increased by ¥11,582 million, current lease liabilities increased by ¥364 million, non-current lease liabilities increased by ¥9,882 million, and “Other” under investments and other assets decreased by ¥1,756 million.」
The impact at the end of the second quarter of applying IFRS 16 at overseas consolidated subsidiaries, including the effects on right-of-use assets and lease liabilities, was quantified. - FY2020-Q1First statedAnnual report
「At overseas consolidated subsidiaries applying International Financial Reporting Standards (IFRS), IFRS 16 “Leases” was applied from the beginning of the first quarter of the current consolidated fiscal year, and the accounting method was changed so that, in principle, all leases for which the subsidiaries are lessees are recognized as assets and liabilities on the consolidated balance sheet. As a result, at the end of the first quarter of the current consolidated fiscal year, right-of-use assets (net) under property, plant and equipment increased by ¥12,319 million, current lease liabilities increased by ¥306 million, non-current lease liabilities increased by ¥10,512 million, and “Other” under investments and other assets decreased by ¥1,832 million.」
Overseas consolidated subsidiaries applied IFRS 16 from the first quarter of the current fiscal year and recognized right-of-use assets and lease liabilities.