Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q3. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
159 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The straight-line method applies to buildings and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to eligible building fixtures and structures continues. - FY2019RestatedAnnual report
「The straight-line method applies to buildings and structures acquired on or after 1 April 2016.」
The Company continues its accounting policy of applying the straight-line method to eligible building improvements and structures. - FY2017RestatedAnnual report
「For building fixtures and structures acquired on or after 1 April 2016, we changed the depreciation method from the declining-balance method to the straight-line method.」
The change in the depreciation method for building fixtures and structures resulting from tax law amendments continues to be applied as the accounting policy for the full fiscal year. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first quarter of the current consolidated fiscal year and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
Due to tax law amendments, the depreciation method for building fixtures and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. The impact was considered immaterial.