Application of International Financial Reporting Standard 16 “Leases”
First written in FY2020-Q1. 1 of 4 entries say "Restated". Latest entry: FY2025.
Mitsubishi Logistics moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
8 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The Accounting Standard for Leases (Accounting Standard No. 34, 13 September 2024), the Implementation Guidance on the Accounting Standard for Leases (Implementation Guidance No. 33, 13 September 2024), and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
In addition to the disclosed application of IFRS 16, the company plans to apply Japan’s new lease accounting standard from the fiscal year ending March 2028, with the amount of the impact still under assessment. - FY2020AchievedAnnual report
「A subsidiary applying International Financial Reporting Standards has applied International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), from the current consolidated fiscal year. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet. The impact on the consolidated financial statements for the current consolidated fiscal year was immaterial.」
An IFRS-applying subsidiary began applying IFRS 16, “Leases,” in the current consolidated fiscal year and transitioned to recognizing lessee leases as assets and liabilities. - FY2020-Q3RestatedAnnual report
「A subsidiary applying International Financial Reporting Standards has applied International Financial Reporting Standard 16, “Leases,” from the first quarter of the current consolidated accounting period. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet. The impact on the quarterly consolidated financial statements during the cumulative third quarter of the current consolidated fiscal year was immaterial.」
The company has reconfirmed that its IFRS-applying subsidiary applies IFRS 16, “Leases,” and that the impact on the financial statements is immaterial. - FY2020-Q1First statedAnnual report
「A subsidiary applying International Financial Reporting Standards has applied International Financial Reporting Standard 16, “Leases,” from the first quarter of the current consolidated accounting period. As a result, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet. The impact on the quarterly consolidated financial statements during the cumulative first quarter of the current consolidated fiscal year was immaterial.」
A subsidiary applying IFRS began applying IFRS 16, “Leases,” this quarter and changed to accounting for lessee leases as assets and liabilities in principle. The impact on the financial statements was immaterial.