Changing the Depreciation Method for Building Fixtures and Structures to the Straight-Line Method
First written in FY2017-Q3. 2 of 3 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2026: 1 of 12 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The Company and its domestic consolidated subsidiaries primarily use the declining-balance method. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building improvements, and for building improvements and structures acquired on or after 1 April 2016.」
The accounting policy has been reconfirmed that the straight-line method applies to building improvements and structures acquired on or after 1 April 2016. - FY2017RestatedAnnual report
「In accordance with the amendment to the Corporation Tax Act, the company applied during the consolidated fiscal year the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016), changing the depreciation method for buildings' attached facilities and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The accounting policy has been reconfirmed that the straight-line method applies to building improvements and structures acquired on or after 1 April 2016. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issue Task Force No. 32, 17 June 2016) from the first quarter of the current consolidated fiscal period 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.」
The accounting policy states that the depreciation method for building improvements and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method.