Change to equal amortization of non-deductible consumption taxes and similar charges over five years

「From the beginning of the current consolidated fiscal year, non-deductible consumption and other taxes related to property, plant and equipment have been recognized as long-term prepaid expenses under “Other” in investments and other assets and amortized on a straight-line basis over 5 years.」

「従来、控除対象外消費税及び地方消費税は、発生した連結会計年度の費用として販売費及び一般管理費に計上しておりましたが、事業規模、人員等が拡大する状況を踏まえ、一定期間に費用配分することが当社グループの経営成績をより適正に表すことになると判断し、当連結会計年度の期首より固定資産に係る控除対象外消費税等は、長期前払費用(投資その他の資産「その他」)に計上し、５年間で均等償却する方法に変更いたしました。」

「Previously, non-deductible consumption and local consumption taxes were recognized as selling, general and administrative expenses in the consolidated fiscal year in which they arose. In light of the expansion of the group's business scale and workforce, the group determined that allocating the expenses over a specified period would better present its operating results. Accordingly, from the beginning of the current interim consolidated accounting period, non-deductible consumption and other taxes related to property, plant and equipment have been recognized as long-term prepaid expenses under “Other” in investments and other assets and amortized on a straight-line basis over 5 years. The impact of this change was immaterial, and the change was not applied retrospectively.」