Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 1 of 2 entries say "Achieved", first in FY2017. Latest entry: FY2017.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
2 other companies' latest entry also says "Achieved".
- FY2017AchievedAnnual report
「In accordance with amendments to the Corporation Tax Act, the Company and its domestic consolidated subsidiaries applied Practical Solution Report No. 32, "Practical Handling of Changes in Depreciation Methods Related to the FY2016 Tax Reform" (17 June 2016), in the current consolidated fiscal year, 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 on operating profit, ordinary profit and profit before income taxes for the current consolidated fiscal year was immaterial.」
From the current consolidated fiscal year, the depreciation method for building fixtures and structures was changed from the declining-balance method to the straight-line method. - FY2017-Q2First statedAnnual report
「In accordance with amendments to the Corporation Tax Act, the Company and its domestic consolidated subsidiaries applied Practical Solution Report No. 32, "Practical Handling of Changes in Depreciation Methods Related to the FY2016 Tax Reform" (17 June 2016), in the first quarter of the consolidated 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. This change had no impact on the quarterly consolidated financial statements for the first six months of the current consolidated fiscal year.」
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. There was no impact on the quarterly consolidated financial statements.