Japan to classify leases as assets, in line with global standards

New rule boosts transparency but expected to hit return ratios

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Operating leases are used by such sectors as real estate, logistics and marine transport.

TAKEHIKO HAMA, Nikkei staff writer

TOKYO -- Japanese companies will be required to list lease contracts as assets on their balance sheets under planned accounting rule changes, a move that would erode their return on assets but increase the transparency of corporate finances.

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