Extending Building Useful Lives to Reflect Store Format Changes
First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019-Q3.
19 other companies' latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「As a result, compared with the previous method, depreciation decreased by ¥63,683 thousand during the nine-month period, while operating income, ordinary income and quarterly profit before income taxes increased by ¥63,683 thousand.」
The accounting estimate changing the useful life of buildings to 20 years continues to be applied, and the impact on the nine-month period has been disclosed. - FY2019-Q2RestatedAnnual report
「As a result, compared with the previous method, depreciation decreased by ¥42,373 thousand during the six-month period, while operating income, ordinary income and profit before income taxes each increased by ¥42,373 thousand.」
The accounting estimate changing the useful life of buildings to 20 years continues to be applied, with the impact on the six-month period stated as ¥42,373 thousand. - FY2019-Q1First statedAnnual report
「Because store format changes associated with the development of multiple formats have extended the period of continued operation at individual stores, and similar conditions are expected to continue, we changed the useful life to 20 years to reflect actual usage.」
The useful life of buildings was changed from 10 years to 20 years because store format changes have extended operating lives. Depreciation expense for the first quarter cumulative period decreased by ¥20,983 thousand.