Change in the depreciation method for building improvements and structures
First written in FY2017-Q1. 4 of 6 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual 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 straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2018RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
For building fixtures and structures acquired on or after 1 April 2016, the company continues to apply the straight-line method for accounting purposes. - FY2017RestatedAnnual report
「Following the amendment of the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) for the consolidated fiscal year. 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 the consolidated financial statements was immaterial.」
The company continues to apply the change in the depreciation method for building fixtures and structures and reports that its impact on the full-year financial statements was immaterial. - FY2017-Q3The impact on the financial statements changed from none to immaterial.Annual report
「Following the amendment of the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first quarter of the fiscal year. 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. There was an immaterial impact on the quarterly consolidated financial statements for the nine months ended 31 December 2016.」
The company continues to apply the change in the depreciation method. The disclosure changed from “no impact” in the previous quarter to “immaterial impact” for the nine months ended 31 December 2016. - FY2017-Q2RestatedAnnual report
「Following the amendment of the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first quarter of the fiscal year. 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. There was no impact on the quarterly consolidated financial statements for the six months ended 30 September 2016.」
The company restates the change in the depreciation method for building fixtures and structures applied from the first quarter and reports that it had no impact on the financial statements for the six months ended 30 September 2016. - FY2017-Q1First statedAnnual report
「Following the revision of the Corporation Tax Act, the Bank applied Practical Solution Report No. 32, “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform,” in the current first-quarter consolidated accounting period, changing 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.」
Following the 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.