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Kitanotatsujin (2930) · InitiativeAchieved

Unification of the depreciation method for tangible fixed assets under the straight-line method

First written in FY2022-Q1. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.

2entries
2years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2022-Q12021: 120212022: 12022
Same theme, other companies
Changing the Depreciation Method for Property, Plant and Equipment from the Declining-Balance Method to the Straight-Line MethodA theme 34 companies write about · 2 as a headwind · 21 as a tailwind

1 other company's latest entry also says "Achieved".

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Showing 14 of the 34 companies compared. The sentences above are computed from all 34.
Full recordFilings, disclosures and news, newest first
  1. FY2022AchievedAnnual report

    「The Company previously used the declining-balance method to depreciate property, plant and equipment, except that it used the straight-line method for buildings, excluding building fixtures, and building fixtures acquired on or after 1 April 2016. From the current consolidated fiscal year, it changed to the straight-line method.」

    The Company changed the depreciation method for property, plant and equipment to the straight-line method in order to standardize the accounting policies of the consolidated group and reflect the actual use of the assets.
  2. FY2022-Q1First statedAnnual report

    「The Company previously used the declining-balance method to depreciate property, plant and equipment, except that it used the straight-line method for buildings, excluding building fixtures, and building fixtures acquired on or after 1 April 2016. From the first quarter of the current consolidated fiscal year, it changed to the straight-line method.」

    In connection with the establishment of subsidiaries and the transition to consolidated accounting, the Company reviewed its accounting policies and changed to the straight-line method as a method that more appropriately reflects the actual use of its property, plant and equipment.
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Unification of the depreciation method for tangible fixed assets under the straight-line method | Kitanotatsujin Corporation (2930) | Komori