Change in depreciation method for property, plant and equipment at certain consolidated subsidiaries to the straight-line method
First written in FY2022-Q1. 6 of 7 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2027-H1.
5 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「As a result, compared with using the previous useful lives, operating profit, ordinary profit and interim profit before income taxes increased by ¥1,813 million each during the interim consolidated accounting period.」
The revised useful lives of equipment at 丸善石油化学 and 京葉エチレン were applied from the current interim consolidated accounting period, increasing operating profit, ordinary profit and interim profit before income taxes by ¥1.813 billion compared with the previous method. - 2026-08-06AdvancedResults
「この結果、従来の耐用年数によった場合と比較し、当第１四半期連結累計期間の営業利益、経常利益及び税金等調整前四半期純利益は916百万円それぞれ増加しております。」
千葉地区のエチレン生産最適化を契機とした耐用年数見直しを第1四半期から適用し、利益への影響を実績として開示した。 - FY2026AdvancedAnnual report
「It became clear that certain property, plant and equipment held by the company could be used for longer than their previous estimated useful lives. Accordingly, at the end of the fiscal year, the useful lives of machinery and equipment, structures and oil tanks at 丸善石油化学㈱, and machinery and equipment at 京葉エチレン㈱, were reviewed to better reflect their actual use, and the changes were applied prospectively.」
In connection with the optimization of ethylene production in the Chiba area, the useful lives of certain facilities at 丸善石油化学 and 京葉エチレン were reviewed, and depreciation expense for the following fiscal year was expected to decrease by ¥3.556 billion. - FY2022AdvancedAnnual report
「As a result, compared with the previous method, operating profit, ordinary profit and profit before income taxes for the fiscal year each increased by ¥1.940 billion.」
The full-year impact of changing the depreciation method at certain consolidated subsidiaries was reflected, with each of the relevant profit measures increasing by ¥1.940 billion compared with the previous method. - FY2022-Q3AdvancedAnnual report
「Certain consolidated subsidiaries had previously used primarily the declining-balance method to depreciate property, plant and equipment, excluding leased assets, except that the straight-line method was used for buildings acquired on or after April 1998 and for building fixtures, structures and oil tanks acquired on or after April 2016. From the first quarter, they changed to the straight-line method. As a result, compared with the previous method, operating profit, ordinary profit and profit before income taxes for the nine-month period ended the third quarter each increased by ¥1.430 billion.」
As an impact of changing the depreciation method at certain consolidated subsidiaries to the straight-line method, operating profit, ordinary profit and profit before income taxes for the nine-month period ended the third quarter each increased by ¥1.430 billion. - FY2022-Q2AdvancedAnnual report
「As a result, compared with the previous method, operating profit, ordinary profit and profit before income taxes for the six-month period ended the second quarter each increased by ¥927 million.」
As a result of changing the depreciation method at certain consolidated subsidiaries to the straight-line method, operating profit, ordinary profit and profit before income taxes for the six-month period ended the second quarter each increased by ¥927 million. - FY2022-Q1First statedAnnual report
「Certain consolidated subsidiaries had previously used primarily the declining-balance method to depreciate property, plant and equipment, excluding leased assets, except that the straight-line method was used for buildings acquired on or after April 1998 and for building fixtures, structures and oil tanks acquired on or after April 2016. From the first quarter of the current fiscal year, they changed to the straight-line method.」
In connection with the completion of major capital investments scheduled sequentially from fiscal 2020 onward, the method was changed to the straight-line method because production facilities and other assets were expected to operate stably over the long term and the benefits of the investments were expected to emerge evenly. Operating profit, ordinary profit and profit before income taxes for the quarter increased by ¥441 million compared with the previous method.