Preparing to Adopt IFRS 16 at Overseas Subsidiaries
First written in FY2019. 2 of 4 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
「Overseas consolidated subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), from the first quarter. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet.」
The overseas consolidated subsidiaries continued to apply IFRS 16 from the first quarter, and at the end of the third quarter, increases in right-of-use assets and lease liabilities were factors behind increases in property, plant and equipment and non-current liabilities. - FY2020-Q2RestatedAnnual report
「Overseas consolidated subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), from the first quarter. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet.」
The company reconfirmed that the overseas consolidated subsidiaries had adopted IFRS 16 from the first quarter, and disclosed the impact of recognizing right-of-use assets and lease liabilities at the end of the second quarter. - FY2020-Q1AchievedAnnual report
「Overseas consolidated subsidiaries applying International Financial Reporting Standards have adopted International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), from the first quarter of the current fiscal year. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet.」
The overseas consolidated subsidiaries adopted the planned IFRS 16, “Leases,” from 1 April 2019 and recognized right-of-use assets and lease liabilities. - FY2019First statedAnnual report
「“Leases” (IFRS 16)」
The company planned to adopt IFRS 16, which generally requires all leases to be recognized as assets and liabilities, at overseas subsidiaries from the beginning of the fiscal year ending March 2020, and was evaluating the impact.