Change in Depreciation Method Following Tax Law Revisions
First written in FY2017-Q3. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2026: 1 of 11 companies on the "Worse" side.
155 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018; hereinafter, the “Partial Amendments to the Tax Effect Accounting Standard”) were applied from the beginning of the current fiscal year」
The company applied the partial amendments to the accounting standard for tax effect accounting from the beginning of the fiscal year and changed the presentation classifications of deferred tax assets and liabilities. - FY2017RestatedAnnual report
「The depreciation method for building fixtures and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method.」
The change in depreciation methods for building fixtures and structures resulting from the tax reform continues to be applied as an accounting policy in the current fiscal year. - FY2017-Q3First statedAnnual report
「In accordance with revisions to the Corporation Tax Act, the Company and its domestic consolidated subsidiaries have applied the Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first quarter of the fiscal year. Accordingly, the depreciation method for building fixtures and structures acquired on or after 1 April 2016 has been changed from the declining-balance method to the straight-line method.」
The depreciation method for building improvements and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method.