Under Japanese GAAP, unquoted equity shares are stated at cost calculated by mainly using the moving average method. However, under IFRS, unquoted equity shares are measured at fair value. As a result, there has been an increase of ¥6,034 million in “Other components of equity”. 

## P Trade and other payables (non-current) 

(Presentation) 

Long-term accounts payable-other included in “Other” as non- current liabilities under Japanese GAAP have been included in “Trade and other payables” (non-current) under IFRS. 

## Q Deferred tax liabilities 

(Recognition and measurement) 

Deferred tax liabilities are recognised for the temporary differences resulting from the reconciliations to IFRS. 

Under Japanese GAAP, the deferred tax assets and liabilities were offset only within the categories of short-term or long- term items. However, the amount of the offset increased because all deferred tax assets and liabilities are classified as non-current items under IFRS. As a result, the amount of “Deferred tax liabilities” decreased. 

## R Retirement benefit liabilities 

(Recognition and measurement) 

With regard to actuarial gains and losses, under Japanese GAAP, the Group mainly amortised them on a straight-line basis from the following year in which they were incurred over the average remaining service years of employees. However, under IFRS, the Group fully recognises the actuarial gains and losses when incurred in other comprehensive income as remeasurements of defined benefit plans. As a result, “Retirement benefit liabilities” has increased by ¥13,210 million. 

## S Provisions (non-current) 

(Presentation) 

Provisions for onerous contracts included in “Other” as non- current liabilities under Japanese GAAP have been included in “Provisions” (non-current) under IFRS. 

(Recognition and measurement) 

Asset retirement obligations deducted from “Other” comprising investments and other assets under Japanese GAAP have been remeasured and recognised as “Provisions” (non-current) under IFRS. As a result, the amount of “Provisions” (non-current) has increased. 

## T Other financial liabilities (non-current) 

(Presentation) 

Long-term finance lease liabilities and long-term guaranty deposits received included in “Other” as non-current liabilities under Japanese GAAP have been included in “Other financial liabilities” (non-current) under IFRS. 

## U Other non-current liabilities 

(Presentation) 

Long-term accounts payable-other included in “Other” as non-current liabilities under Japanese GAAP have been included in “Trade and other payables” (non-current) under IFRS. 

Long-term finance lease liabilities and long-term guaranty deposits received included in “Other” as non-current liabilities under Japanese GAAP have been included in “Other financial liabilities” (non-current) under IFRS. 

## V Trade and other payables (current) 

(Presentation) 

“Accounts payable-other” presented separately as current liabilities under Japanese GAAP have been included in “Trade and other payables” (current) under IFRS. 

Liabilities arising from certain in-licensing agreements were included in “Other” as current liabilities under Japanese GAAP. However, they have been included in “Trade and other payables” (current) under IFRS. 

## W Income tax payable 

(Presentation) 

Income tax payable included in “Other” as current liabilities under Japanese GAAP has been presented separately as “Income tax payable” under IFRS. 

## X Provisions (current) 

(Presentation) 

Liabilities arising from certain sales discounts or rebates included in “Accrued expenses” or “Other” as current liabilities under Japanese GAAP have been included in “Provisions” (current) under IFRS. 

“Allowance for sales rebates” presented separately as current liabilities under Japanese GAAP has been included in “Provisions” (current) under IFRS. 

(Recognition and measurement) 

Liabilities for certain sales discounts or returns were deducted from “Notes and accounts receivable-trade” under Japanese GAAP. However, they have been included in “Provisions” (current) under IFRS. 

