Change in depreciation method for building fixtures and structures
First written in FY2017-Q2. 5 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Declining-balance method. However, the straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The treatment of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 continues. - FY2019RestatedAnnual report
「Declining-balance method. However, the straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The treatment of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 continues. - FY2018RestatedAnnual report
「Tangible fixed assets, excluding leased assets: declining-balance method. However, the straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting treatment of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 continues. - FY2017RestatedAnnual report
「In connection with the revision of the Corporation Tax Act, the Company applied Practical Solution Report No. 32, “Practical Treatment of Changes in Depreciation Methods Related to the 2016 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. As a result, operating income, ordinary income and profit before income taxes for the current consolidated fiscal year each increased by ¥56 million.」
The change in the depreciation method is reiterated as applying for the full year, with the impact on operating income and other measures shown as ¥56 million. - FY2017-Q3RestatedAnnual report
「In connection with the revision of the Corporation Tax Act, the Company applied Practical Solution Report No. 32, “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform” (17 June 2016), in the second quarter of 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. As a result, operating income, ordinary income and profit before income taxes for the cumulative fourth quarter of the current consolidated fiscal year each increased by ¥36 million.」
The change in the depreciation method continues to be disclosed, with the impact on each profit measure for the cumulative period shown as an increase of ¥36 million. - FY2017-Q2First statedAnnual report
「Following amendments to the Corporation Tax Act, the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform was applied from the second quarter of the current consolidated fiscal year. The depreciation method for building fixtures and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method.」
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. The impact on operating income and other measures is stated to have been immaterial.