Change in Fixed Asset Useful Lives Following Tokyo Head Office Relocation
First written in FY2022-Q2. 2 of 3 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2022.
2 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「During the consolidated fiscal year, the company relocated its Tokyo headquarters office. In connection with the relocation, it changed the useful lives of property, plant and equipment that would become unusable to the period ending on the relocation completion date and depreciated them over their remaining useful lives. As a result, compared with the previous method, operating profit, ordinary profit and profit before income taxes for the consolidated fiscal year each decreased by ¥153.459 million.」
The relocation of the Tokyo headquarters was completed, and the company disclosed an impact of ¥153.459 million on profit for the fiscal year from changes in the useful lives and depreciation of property, plant and equipment. - FY2022-Q3AdvancedAnnual report
「As a result, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the third-quarter year-to-date consolidated period each decreased by ¥65.543 million.」
The shortening of the useful lives of property, plant and equipment associated with the relocation of the Tokyo headquarters reduced operating profit, ordinary profit and quarterly profit before income taxes for the third-quarter year-to-date period by ¥65.543 million each. - FY2022-Q2First statedAnnual report
「During the second-quarter consolidated accounting period, the company decided to relocate its Tokyo headquarters office. In connection with the relocation, it shortened the useful lives of property, plant and equipment that would become unusable and applied the change prospectively. As a result, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the second-quarter year-to-date consolidated period each decreased by ¥16.385 million.」
Following the decision to relocate the Tokyo headquarters office, the useful lives of property, plant and equipment that would become unusable were shortened, reducing each profit measure for the second-quarter year-to-date consolidated period by ¥16.385 million.