Change in the useful life of proprietary database content
First written in FY2023-Q1. . Latest entry: FY2024.
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- FY2024Annualization of the impact of the useful-life changeAnnual report
「The useful life of software for internal use is set at its period of availability within the company (1 to 5 years), while the useful life of content assets is set at 3 or 5 years.」
The accounting policy changing the useful life of proprietary database content from 3 years to 5 years has been applied for the full fiscal year. - FY2023-Q3Update to the cumulative profit impact of the useful-life changeAnnual report
「As a result, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the cumulative third quarter increased by ¥18.710 million, respectively.」
The impact of changing the useful life of proprietary database content from 3 years to 5 years increased operating profit and other figures for the cumulative third quarter by ¥18.710 million. - FY2023-Q2Update to the cumulative profit impact of the useful-life changeAnnual report
「As a result, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the cumulative second quarter increased by ¥12.985 million, respectively.」
It states that the change in the useful life of proprietary database content from 3 years to 5 years increased operating profit and other figures for the cumulative second quarter by ¥12.985 million. - FY2023-Q1First statedAnnual report
「The useful life of proprietary database content included in other intangible fixed assets had previously been set at 3 years. In connection with the renewal of the credit management services business, the useful life was reviewed and changed to 5 years from the first quarter of the current consolidated fiscal year. As a result, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the cumulative first quarter increased by ¥6.890 million, respectively.」
In connection with the service renewal, the useful life of proprietary database content was changed from 3 years to 5 years, increasing operating profit and other figures by ¥6.890 million.