Changes to the Depreciation Methods and Useful Lives of Property, Plant and Equipment
First written in FY2023-Q1. . Latest entry: FY2023-Q3.
1 other company's latest entry also says "Other".
- FY2023-Q3Update on the Impact of AdoptionAnnual report
「As a result, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the nine months ended the third quarter of the current consolidated fiscal year each increased by ¥107 million.」
Regarding the change in depreciation method and useful lives applied from the first quarter, the impact on operating profit, ordinary profit and quarterly profit before income taxes for the nine months ended the third quarter was ¥107 million each. - FY2023-Q2Update on the Impact of AdoptionAnnual report
「As a result, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the six months ended the second quarter of the current consolidated fiscal year each increased by ¥61 million.」
Regarding the change in depreciation method and useful lives applied from the first quarter, the impact on operating profit, ordinary profit and quarterly profit before income taxes for the six months ended the second quarter was ¥61 million each. - FY2023-Q1First statedAnnual report
「Previously, we primarily used the declining-balance method for depreciating property, plant and equipment, but changed to the straight-line method from the beginning of the first quarter of the current consolidated fiscal year.」
Against the backdrop of increased capital investment under the medium-term management plan and functional improvements to assets, the depreciation method was changed from the declining-balance method to the straight-line method, and the useful lives of certain facilities were extended to reflect actual conditions. As a result of the change, operating profit, ordinary profit and profit before income taxes increased by ¥26 million each in the current quarter.