Change to Straight-Line Depreciation for Building Fixtures and Structures
First written in FY2017-Q1. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method.」
This restates the accounting policy change for building fixtures and structures from the declining-balance method to the straight-line method. - FY2017-Q1First statedAnnual report
「Following amendments to the Corporation Tax Act, the Company has 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 beginning of the first quarter of the consolidated fiscal year, 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.」
For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method. The impact on profit or loss was described as immaterial.