Change in depreciation method for building improvements and structures
First written in FY2017-Q3. 3 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2026: 1 of 12 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「However, the straight-line method is applied to building fixtures and structures acquired on or after 1 April 2016.」
The company continues to apply the accounting policy of using the straight-line method for building fixtures and structures. - FY2018RestatedAnnual report
「The straight-line method is applied to building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method continues to be applied. - FY2017RestatedAnnual report
「In accordance with the amendment to the Corporation Tax Act, the company applied during the current consolidated fiscal year the Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016), 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. The impact of this change on profit or loss for the current consolidated fiscal year was immaterial.」
It reaffirms the accounting policy applied throughout the fiscal year of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method. - 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 Issues Task Force No. 32, 17 June 2016) from the first-quarter 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. The impact of this change on profit and loss for the first three quarters was immaterial.」
For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from declining balance to straight line, with an immaterial impact on earnings.