Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 2 of 3 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
「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. As a result, operating profit, ordinary profit and profit before income taxes for the current consolidated fiscal year each increased by ¥6.464 million.」
The change in the depreciation method for building fixtures and structures is also being applied to the annual financial statements. - FY2017-Q3RestatedAnnual report
「Following the revision of the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Issues Task Force Report No. 32, 17 June 2016) from the first quarter of the current consolidated accounting 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. As a result, operating profit, ordinary profit and profit before income taxes for the cumulative third quarter increased by ¥3.850 million each.」
The company continued to apply the change in the depreciation method for building fixtures and structures, resulting in an increase of ¥3.850 million in each of the profits for the cumulative third quarter. - FY2017-Q2First statedAnnual report
「For building attachments and structures acquired on or after 1 April 2016, we have changed the depreciation method from the declining-balance method to the straight-line method.」
Due to a tax law revision, the depreciation method for assets acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. Operating loss and other losses for the cumulative second quarter decreased by ¥1.724 million.