Change in depreciation method for building fixtures and structures
First written in FY2017-Q3. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards have been applied from the beginning of the fiscal year, and the financial position has been compared and analyzed against the previous fiscal year using figures after retrospective application of the relevant accounting standards and other requirements.」
The application of the amendments to the tax-effect accounting standards and the comparison and analysis using figures after retrospective application have been reconfirmed in the full-year report. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Changes in Depreciation Method Associated with the 2016 Tax Reform (Practical Issue Task Force No. 32, 17 June 2016) from the first quarter 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.」
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. It is stated that, as a result of the change, operating profit, ordinary profit and profit before income taxes for the cumulative third quarter increased by ¥5.051 million each.