Change in the Depreciation Method for Building Improvements and Structures
First written in FY2017-Q3. 5 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building appurtenances, and for building appurtenances and structures acquired on or after 1 April 2016.」
The Company continues to apply the accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016. - FY2021RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building appurtenances, and for building appurtenances and structures acquired on or after 1 April 2016.」
The Company continues to apply the accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016. - FY2021-Q3RestatedAnnual report
「Property, plant and equipment (excluding leased assets) The declining-balance method is used. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company continues to depreciate building fixtures and structures acquired on or after 1 April 2016 using the straight-line method. - FY2021-Q2RestatedAnnual report
「The straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company continues to depreciate building fixtures and structures acquired on or after 1 April 2016 using the straight-line method. - FY2017RestatedAnnual report
「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 of this change on profit or loss for the fiscal year was immaterial.」
The Company continues to disclose its accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method, and considers the impact on profit or loss immaterial. - FY2017-Q3First statedAnnual report
「Following the revision of the Corporation Tax Act, we applied the “Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform” (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter. Accordingly, 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 of this change on earnings for the cumulative third quarter period was immaterial.」
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. The impact on earnings was immaterial.