Kaken Pharmaceutical (4521) · InitiativeRestated
Changing the Depreciation Method for Property, Plant and Equipment to the Straight-Line Method
First written in FY2017-Q2. 4 of 5 entries say "Restated". Latest entry: FY2022.
5entries
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Change in depreciation method based on expected stability in production volumes and operating ratesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2022RestatedAnnual report
「Property, plant and equipment Straight-line method」
The straight-line method continues to be used for depreciating property, plant and equipment. - FY2019RestatedAnnual report
「Property, plant and equipment Straight-line method」
The straight-line method continues to be used for depreciating property, plant and equipment. - FY2018RestatedAnnual report
「Property, plant and equipment Straight-line method」
The annual accounting policies also confirm that the straight-line method is used to depreciate property, plant and equipment. - FY2017-Q3RestatedAnnual report
「The Company had primarily used the declining-balance method to depreciate property, plant and equipment, but changed to the straight-line method from the first quarter of the fiscal year.」
The change in accounting policy from primarily the declining-balance method to the straight-line method from the first quarter of the fiscal year has been reaffirmed, along with the details and reasons for the change. - FY2017-Q2First statedAnnual report
「The Company had primarily used the declining-balance method to depreciate property, plant and equipment, but changed to the straight-line method from the first quarter of the fiscal year.」
From the first quarter of the fiscal year, the depreciation method was changed primarily from the declining-balance method to the straight-line method. The Company explained that production volumes, operating rates and other factors are expected to remain stable over the long term, and that the change would more appropriately reflect the actual use of the equipment.