Recognition of Lease Assets and Liabilities upon Application of IFRS 16 “Leases”
First written in FY2020-Q1. 1 of 7 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
112 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The impact on the quarterly consolidated income statement for the nine months ended the third quarter was immaterial.」
The company reconfirmed that applying U.S. GAAP ASU 2016-02, “Leases,” had an immaterial impact on the income statement for the nine months ended the third quarter. - FY2023-Q2Impact of adopting accounting standards is immaterialAnnual report
「The impact on the quarterly consolidated income statement for the six months ended the second quarter was immaterial.」
The company disclosed that applying U.S. GAAP ASU 2016-02, “Leases,” had an immaterial impact on the income statement for the six months ended the second quarter. - FY2023-Q1Additional Disclosure on the Adoption of US GAAP Lease AccountingAnnual report
「An affiliate that prepares financial statements in accordance with US GAAP has applied ASU 2016-02 “Leases” from the first quarter of the current consolidated fiscal year. As a result, nearly all leases held by lessees are recognized as assets and liabilities on the quarterly consolidated balance sheet.」
In addition to IFRS 16, an affiliate applying US GAAP adopted ASU 2016-02 and recognized leases as assets and liabilities. - FY2020Disclosure of the Full-Year Impact of IFRS 16Annual report
「Operating income for the consolidated fiscal year increased by ¥2,924 million, while ordinary income and profit before income taxes for the fiscal year decreased by ¥2,935 million.」
The company disclosed the impact of adopting IFRS 16 “Leases” on operating income, ordinary income and profit before income taxes for the fiscal year. - FY2020-Q3Disclosure of the Impact on Cumulative Nine-Month Earnings from the Adoption of IFRS 16Annual report
「Operating income for the nine months ended the third quarter increased by ¥2,061 million, while ordinary income and profit before income taxes for the quarter decreased by ¥2,779 million.」
The company disclosed the impact of adopting IFRS 16 “Leases” on operating income, ordinary income and profit before income taxes for the nine months ended the third quarter. - FY2020-Q2Disclosure of the Impact on Earnings from the Adoption of IFRS 16Annual report
「Operating income for the six months ended the second quarter increased by ¥1,267 million, while ordinary income and profit before income taxes for the quarter decreased by ¥1,912 million.」
The company disclosed the impact of adopting IFRS 16 “Leases” on operating income, ordinary income and profit before income taxes for the six months ended the second quarter. - FY2020-Q1First statedAnnual report
「An affiliate that prepares financial statements in accordance with International Financial Reporting Standards has applied IFRS 16 “Leases” from the first quarter of the current consolidated fiscal year. As a result, in principle, all leases held by lessees are recognized as assets and liabilities on the quarterly consolidated balance sheet. Upon adoption of the accounting standard, at the beginning of the cumulative first-quarter period, vessels increased by ¥19,346 million, buildings and structures by ¥35,821 million, land by ¥20,600 million, and lease liabilities by ¥87,369 million, primarily.」
An affiliate adopted IFRS 16 and recognized leases held by lessees as assets and liabilities. Upon adoption, vessels, buildings and structures, land, and lease liabilities increased.