Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q3. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
153 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy changed from the declining-balance method to the straight-line method for building fixtures and structures continues to be applied. - FY2019RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy changed from the declining-balance method to the straight-line method for building fixtures and structures continues to be applied. - FY2017RestatedAnnual report
「For building fixtures and structures acquired on or after 1 April 2016, we changed the depreciation method from the declining-balance method to the straight-line method.」
The full-year disclosure also describes the accounting policy change for depreciating building fixtures and structures from the declining-balance method to the straight-line method. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Following the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year, changing the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
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 impact on operating income, ordinary income and income before income taxes was immaterial.