Change to the Straight-Line Method for Depreciating Property, Plant and Equipment
First written in FY2023-Q1. 3 of 4 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2023.
0 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「As a result, compared with the former method, operating profit for the current consolidated fiscal year increased by ¥1,792 million, while ordinary profit and profit before income taxes increased by ¥1,809 million each.」
The company disclosed that the change in the depreciation method from the declining-balance method to the straight-line method affected full-year operating profit by ¥1,792 million and ordinary profit and related measures by ¥1,809 million. - FY2023-Q3AdvancedAnnual report
「As a result, compared with the former method, operating profit for the first nine months of the current consolidated fiscal year increased by ¥1,528 million, while ordinary profit and profit before income taxes increased by ¥1,540 million each.」
The company disclosed that the change in the depreciation method for property, plant and equipment increased operating profit for the first nine months by ¥1,528 million and ordinary profit and related measures by ¥1,540 million. - FY2023-Q2AdvancedAnnual report
「As a result, compared with the former method, operating profit for the first six months of the current consolidated fiscal year increased by ¥937 million, while ordinary profit and profit before income taxes increased by ¥946 million each.」
The company disclosed that the change in the depreciation method for property, plant and equipment increased operating profit for the first six months by ¥937 million and ordinary profit and related measures by ¥946 million. - FY2023-Q1First statedAnnual report
「The company and its domestic consolidated subsidiaries previously primarily used the declining-balance method to depreciate property, plant and equipment, but changed to the straight-line method from the first quarter of the current consolidated fiscal year.」
In connection with growth investments in production facilities for household frozen foods and the scrap-and-build of refrigeration facilities under MNV 2024, the depreciation method was changed from the declining-balance method to the straight-line method based on the long-term stable operation of the assets. As a result of the change, operating profit for the first quarter increased by ¥388 million, while ordinary profit and profit before income taxes increased by ¥392 million each.