Change in Depreciation Method and Useful Lives for Tools, Furniture and Fixtures
First written in FY2025-Q1. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2025.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「As a result, depreciation and amortization for the fiscal year decreased by ¥101.424 million compared with the previous method, while operating profit, ordinary profit and net income before income taxes each increased by ¥101.424 million.」
The company disclosed the full-year impact of changes to the depreciation method and useful lives for tools, furniture and fixtures on depreciation and amortization and each profit measure. - FY2025-H1Decrease in depreciation and amortization during the interim period disclosedAnnual report
「As a result, depreciation and amortization for the interim accounting period decreased by ¥34.721 million compared with the previous method, while operating loss, ordinary loss and interim net loss before income taxes each decreased by ¥34.721 million.」
The company disclosed the ¥34.721 million impact of changing the depreciation method for tools, furniture and fixtures from the declining-balance method to the straight-line method, as well as changing certain useful lives, on depreciation and amortization during the interim accounting period. - FY2025-Q1First statedAnnual report
「For tools, fixtures and equipment included in property, plant and equipment, we previously used the declining-balance method, but changed to the straight-line method from the first quarter.」
After reviewing the capital investment strategy and asset usage, the Company changed the depreciation method for tools, fixtures and equipment from declining balance to straight line and revised the useful lives of certain assets based on their expected economic periods of use. As a result, depreciation expense decreased by ¥13,337 thousand for the first six months.