Change to the Straight-Line Method of Depreciating Property, Plant and Equipment
First written in FY2019-Q1. 3 of 4 entries say "Restated". Latest entry: FY2019.
13 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「As a result, operating profit, ordinary profit, and profit before income taxes for the current consolidated fiscal year increased by ¥196 million each.」
The change to the straight-line method for depreciating property, plant and equipment, adopted from the current fiscal year, continued to apply, and its full-year impact on profit was reported. - FY2019-Q3RestatedAnnual report
「As a result, operating profit, ordinary profit, and profit before income taxes for the cumulative third quarter of the current consolidated fiscal year increased by ¥138 million each.」
The straight-line method adopted from the first quarter continued to apply, and the increase in operating profit and other items during the cumulative third quarter was reported as ¥138 million. - FY2019-Q2RestatedAnnual report
「As a result, operating profit, ordinary profit, and profit before income taxes for the cumulative second quarter of the current consolidated fiscal year increased by ¥85 million each.」
The straight-line method adopted from the first quarter continued to apply, and the increase in operating profit and other items during the cumulative second quarter was reported as ¥85 million. - FY2019-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, we changed the depreciation method used by our company and domestic consolidated subsidiaries to the straight-line method.」
Due to progress in the global production structure, standardization of component specifications, and the expected stable operation of domestic plants, we changed the depreciation method for property, plant and equipment used by our company and domestic consolidated subsidiaries from the declining-balance method to the straight-line method. As a result, operating profit, ordinary profit, and profit before income taxes increased by ¥39 million each.