Application of guidance on depreciation methods and deferred tax assets following tax reforms and other changes
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2019.
2 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「From the beginning of the fiscal year, the company applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018, hereinafter the Partial Amendments to the Tax Effect Accounting Standard), changed the presentation of deferred tax assets to the investments and other assets classification and deferred tax liabilities to the non-current liabilities classification, and revised the notes relating to tax effect accounting.」
Partial amendments to the accounting standard for tax-effect accounting have been applied from the beginning of the full year, and the presentation classifications and notes have been changed. - FY2017-Q3RestatedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Following the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year, changing the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The change in the depreciation method resulting from tax reform continues to be applied. The Application Guidance on Recoverability of Deferred Tax Assets has also been applied from the first quarter of the current consolidated fiscal year. - FY2017-Q2First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Following the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year, changing the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The change in the depreciation method resulting from tax reform has been applied, and from the current quarter the depreciation method for buildings and structures has been changed from the declining-balance method to the straight-line method.