Change in depreciation method for building equipment and structures
First written in FY2017-Q3. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to building fixtures and structures acquired on or after 1 April 2016 has continued. - FY2017RestatedAnnual report
「The company applied, in the current consolidated fiscal year, the practical treatment for changes in depreciation methods under the fiscal 2016 tax reform, 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 change in the depreciation method for building fixtures and structures, and its immaterial impact on profit or loss, have also been confirmed in the annual financial statements. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first-quarter consolidated accounting period 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. The impact of this change on profit and loss for the first three quarters was immaterial.」
Due to a tax law amendment, the depreciation method for assets acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. The impact on profit or loss was described as immaterial.