Change in the depreciation method for building fixtures and structures
First written in FY2017-Q3. 1 of 4 entries say "Achieved", first in FY2017. Latest entry: FY2019-Q1.
The whole theme swung hardest in 2026: 1 of 11 companies on the "Worse" side.
4 other companies' latest entry also says "Reframed".
- FY2019-Q1ReframedAnnual report
「The company had previously used the declining-balance method for depreciating certain tangible fixed assets, but from the first quarter of the current consolidated fiscal year, it changed the depreciation method for all tangible fixed assets to the straight-line method. This change followed a renewed review of the depreciation method for tangible fixed assets from the perspective of ensuring appropriate periodic profit measurement in connection with the full-scale operation of a new domestic plant during the current consolidated fiscal year. As stable operation is expected over the long term, the company determined that allocating costs evenly over the assets’ useful lives would more appropriately reflect how its tangible fixed assets are used.」
The company expanded the application of the straight-line method from certain assets to all tangible fixed assets and changed its accounting policy based on the full-scale operation of the new plant. - FY2018RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures and structures has continued. - FY2017AchievedAnnual report
「Following amendments to the Corporation Tax Act, the company applied “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform” (Practical Response Report No. 32, 17 June 2016) during the current consolidated fiscal year 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 change in the depreciation method for building fixtures and structures was applied for the full fiscal year, increasing operating income and other measures by ¥8.975 million. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first quarter of the current consolidated fiscal year 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.」
For assets acquired on or after 1 April 2016, the company changed its depreciation method from the declining-balance method to the straight-line method, increasing operating income, ordinary income, and profit before income taxes for the nine months ended the third quarter by ¥4.616 million each.