Change to the Straight-Line Depreciation Method in Connection with Financial Reporting Enhancement
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
7 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Previously, the company and its domestic subsidiaries used the declining-balance method for depreciating property, plant and equipment, but changed the depreciation method to the straight-line method from the beginning of the current consolidated fiscal year.」
From the beginning of FY2025, the company and its domestic subsidiaries changed the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method, prompted by the enhancement of financial reporting and the standardization of accounting procedures within the group. The company states that the impact on profit or loss was minor. - FY2025-H1First statedAnnual report
「Previously, the company and its domestic subsidiaries used the declining-balance method to depreciate property, plant and equipment, except that the straight-line method was used for building fixtures acquired on or after 1 April 2016. From the current interim consolidated accounting period, they changed the depreciation method to the straight-line method.」
As part of a project to enhance financial reporting, the company and its domestic subsidiaries changed the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method. The company states that the change had only a minor impact on profit or loss for the interim consolidated accounting period.