Change in the depreciation method for building fixtures and other assets from the declining-balance method to the straight-line method
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「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. There was no impact on the consolidated financial statements for the current consolidated fiscal year.」
The accounting policy of changing the depreciation method for building fixtures and other assets from the declining-balance method to the straight-line method was reiterated, along with the absence of an impact for the current fiscal year. - FY2017-Q3RestatedAnnual report
「Previously, the declining-balance method was applied to certain building fixtures and structures of the Company and to building fixtures and structures of its domestic consolidated subsidiaries. In accordance with the revision of the Corporation Tax Act, the Company applied “Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform” (Practical Response Report No. 32, 17 June 2016) in the first quarter of the current 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 accounting policy of changing the depreciation method for building fixtures and other assets from the declining-balance method to the straight-line method was reiterated, with no impact on the cumulative third quarter reported. - FY2017-Q2First statedAnnual report
「Previously, the declining-balance method was applied to certain building fixtures and structures of the Company and to building fixtures and structures of its domestic consolidated subsidiaries. In accordance with the revision of the Corporation Tax Act, the Company applied “Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform” (Practical Response Report No. 32, 17 June 2016) in the first quarter of the current 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.」
For the relevant assets acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method. It was also stated that there was no impact on the financial statements for the cumulative second quarter.