Change in the depreciation method for building improvements and structures
First written in FY2017-Q2. 4 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Other tangible fixed assets: The declining-balance method is used primarily. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company continues to apply the accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016. - FY2020RestatedAnnual report
「The declining-balance method is applied to buildings and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to buildings and structures acquired on or after 1 April 2016 continues to be applied. - FY2019-Q3RestatedAnnual report
「The company has applied the "Partial Amendments to Accounting Standards for Tax Effect Accounting" (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the current consolidated fiscal year, presenting deferred tax assets under investments and other assets and deferred tax liabilities under non-current liabilities.」
The company continues to disclose the application of the revised accounting standard for tax-effect accounting and the change in the presentation classification of deferred tax assets and liabilities. - FY2017-Q3RestatedAnnual report
「Following amendments to the Corporation Tax Act, the company applied “Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform” (Practical Issues Task Force Report No. 32, 17 June 2016) in the first quarter of the consolidated fiscal year, changing the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The company continues to disclose its accounting policy of changing the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. - FY2017-Q2First statedAnnual report
「Following amendments to the Corporation Tax Act, the company applied “Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform” (Practical Issues Task Force Report No. 32, 17 June 2016) in the first quarter of the consolidated fiscal year, changing the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The depreciation method for building fixtures and structures acquired on or after 1 April 2016 has been changed from the declining-balance method to the straight-line method.