Komori
Rakus (3923) · PolicyRestated

Changes to depreciation methods and useful lives of property, plant and equipment

First written in FY2018-Q1. 3 of 4 entries say "Restated". Latest entry: FY2018.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY20182017: 220172018: 22018
Same theme, other companies
General change in the depreciation method and useful lives of tangible fixed assetsA theme 4 companies write about · 0 as a headwind · 3 as a tailwind

1 other company's latest entry also says "Restated".

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Full recordFilings, disclosures and news, newest first
  1. FY2018RestatedAnnual report

    「Beginning with the current consolidated fiscal year, the company changed the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method.」

    The company has reaffirmed the change to the straight-line method and the change in useful lives based on usage patterns, operating conditions and other factors. It stated that the impact of the changes on consolidated profit or loss for the fiscal year was immaterial.
  2. FY2018-Q3RestatedAnnual report

    「Beginning with the first quarter of the consolidated fiscal year, the company has used the straight-line method instead of the declining-balance method to depreciate property, plant and equipment.」

    The company has reaffirmed its accounting policy of changing the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method. It also changed the useful lives, and stated that the impact on profit or loss for the nine-month period was immaterial.
  3. FY2018-Q2RestatedAnnual report

    「Beginning with the first quarter of the consolidated fiscal year, the company has used the straight-line method instead of the declining-balance method to depreciate property, plant and equipment.」

    The company has reaffirmed its accounting policy of changing the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method. It also changed the useful lives based on usage patterns, operating conditions and other factors.
  4. FY2018-Q1First statedAnnual report

    「Beginning with the first quarter of the current consolidated fiscal year, the company changed the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method.」

    Based on its consideration of the medium- to long-term capital expenditure strategy and the expected stable operation of property, plant and equipment, the company changed its depreciation method from the declining-balance method to the straight-line method. It also changed the useful lives based on usage patterns, operating conditions and other factors, and stated that the impact on profit or loss for the year-to-date period was immaterial.
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