Change in depreciation method for building fixtures and structures
First written in FY2017-Q3. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The straight-line method is applied to buildings acquired on or after 1 April 1998, excluding building fixtures, and to building fixtures and structures acquired on or after 1 April 2016.」
The Group continues to apply the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2020RestatedAnnual report
「The straight-line method is applied to buildings acquired on or after 1 April 2016, excluding building fixtures and structures.」
The Group continues to apply the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2019RestatedAnnual report
「The straight-line method is applied to buildings acquired on or after 1 April 2016, excluding building fixtures and structures.」
The Group continues to apply the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2018RestatedAnnual report
「Building fixtures and structures acquired on or after 1 April 2016 are depreciated using the straight-line method.」
The Group continues to apply the straight-line depreciation method to building fixtures and structures acquired on or after 1 April 2016. - FY2017-Q3First statedAnnual report
「Following the revision of the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the beginning of the first quarter of the consolidated fiscal year and changed the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, the impact on operating income, ordinary income and quarterly net income before income taxes for the nine months ended 31 December of the current fiscal year was immaterial.」
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 in connection with tax law revisions. The impact on profit was stated to be immaterial.