Standardization of the Depreciation Method for Tangible Fixed Assets to the Straight-Line Method
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2018.
15 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Tangible fixed assets: The straight-line method is used.」
The policy of standardizing the depreciation method for tangible fixed assets to the straight-line method has continued. - FY2017-Q3RestatedAnnual report
「As a result, the depreciation method adopted by the group was standardized to the straight-line method, in line with overseas consolidated subsidiaries and others that had already used that method. Compared with the previous method, depreciation expense for the nine months ended 31 December decreased by ¥1.262 billion, while operating profit increased by ¥1.113 billion and ordinary profit and income before income taxes and other adjustments increased by ¥1.139 billion.」
The standardization of the depreciation method to the straight-line method has continued, and the impact on earnings for the nine-month period has been updated. - FY2017-Q2RestatedAnnual report
「As a result, the depreciation method adopted by the group was standardized to the straight-line method, in line with overseas consolidated subsidiaries and others that had already used that method. Compared with the previous method, depreciation expense for the six months ended 30 September decreased by ¥784 million, while operating profit increased by ¥658 million and ordinary profit and income before income taxes and other adjustments increased by ¥675 million.」
The standardization of the depreciation method to the straight-line method was reconfirmed, with the company disclosing a ¥784 million decrease in depreciation expense and a ¥658 million increase in operating profit for the first half, among other impacts. - FY2017-Q1First statedAnnual report
「As a result, the depreciation method adopted by the group was standardized to the straight-line method, in line with overseas consolidated subsidiaries and others that had already used that method. Compared with the previous method, depreciation expense for the nine months ended 30 June decreased by ¥373 million, while operating profit increased by ¥293 million and ordinary profit and income before income taxes and other adjustments increased by ¥301 million.」
The depreciation method for domestic tangible fixed assets was changed from the declining-balance method to the straight-line method, aligning it with overseas subsidiaries and others. The impact on quarterly earnings was also disclosed.