Change in the useful lives of property, plant and equipment
First written in FY2022-Q1. . Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3Increase in the profit impact from the change in useful livesAnnual report
「As a result of this change, compared with using the previous useful lives, operating income, ordinary income and quarterly net income before income taxes and other adjustments for the current third-quarter year-to-date consolidated period each increased by ¥494 million.」
The increase in profit resulting from the change in the useful lives of property, plant and equipment rose from ¥303 million in the second-quarter year-to-date period to ¥494 million in the third-quarter year-to-date period. - FY2022-Q2Increase in the profit impact from the change in useful livesAnnual report
「As a result of this change, compared with using the previous useful lives, operating income, ordinary income and quarterly net income before income taxes and other adjustments for the current second-quarter year-to-date consolidated period each increased by ¥303 million.」
The increase in profit resulting from the change in the useful lives of property, plant and equipment rose from ¥129 million in the first-quarter year-to-date period to ¥303 million in the second-quarter year-to-date period. - FY2022-Q1First statedAnnual report
「From the current first-quarter consolidated accounting period, the Company changed the useful lives of certain items of property, plant and equipment. As a result of this change, compared with using the previous useful lives, operating income, ordinary income and quarterly net income before income taxes and other adjustments for the current first-quarter year-to-date consolidated period each increased by ¥129 million.」
The Company reviewed asset usage in light of the introduction of dedicated assets for specific products, capital investment to improve productivity, changes in working practices resulting from the promotion of telework and other factors, and changed the useful lives of certain items of property, plant and equipment.