Change in depreciation method for building equipment and structures
First written in FY2017-Q3. 5 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The company reconfirms its policy of applying the straight-line method to building fixtures and other assets acquired on or after 1 April 2016. - FY2021RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The company reconfirms its policy of applying the straight-line method to building fixtures and other assets acquired on or after 1 April 2016. - FY2020RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The company reconfirms its depreciation policy of applying the straight-line method to building fixtures and other assets acquired on or after 1 April 2016. - FY2018RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The annual disclosure reconfirms the depreciation policy changed from the declining-balance method to the straight-line method for building fixtures and other assets acquired on or after 1 April 2016. - FY2017RestatedAnnual report
「For building attachments and structures acquired on or after 1 April 2016, we have changed the depreciation method from the declining-balance method to the straight-line method.」
The annual disclosure reconfirms the 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-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Solution No. 32, 17 June 2016) from the first quarter of the fiscal year and changed 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.」
For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method. The impact on the financial statements is described as immaterial.