Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q3. 4 of 5 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The parent company and domestic consolidated subsidiaries primarily use the declining-balance method. However, the straight-line method is used for buildings, excluding building fixtures, acquired on or after 1 April 1998, and for building fixtures and structures acquired on or after 1 April 2016. Overseas consolidated subsidiaries primarily use the straight-line method.」
The company has continued its accounting policy of applying the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2019-Q3RestatedAnnual report
「The Company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting and other relevant standards from the beginning of the first quarter of the consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The company has continued its accounting policy of applying the amendments to the Accounting Standard for Tax Effect Accounting from the beginning of the current fiscal year and changing the presentation categories for deferred tax assets and liabilities. - FY2018RestatedAnnual report
「The parent company and domestic consolidated subsidiaries primarily use the declining-balance method, except that the straight-line method is used for buildings, excluding building fixtures, acquired on or after 1 April 1998, and for building fixtures and structures acquired on or after 1 April 2016. Overseas consolidated subsidiaries primarily use the straight-line method.」
The annual report also confirms the accounting policy of applying the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2017RestatedAnnual report
「Following the amendment of the Corporation Tax Act, the company applied the Practical Response Report No. 32, “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform,” dated 17 June 2016, in the current consolidated fiscal year, and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The annual report confirms the accounting policy change from the declining-balance method to the straight-line method for depreciating building fixtures and structures. - FY2017-Q3First statedAnnual report
「Following the amendment of the Corporation Tax Act, the company applied the Practical Response Report No. 32, “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform,” dated 17 June 2016, from the first quarter of the current consolidated fiscal year, and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
Following the tax reform, 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.