Change in depreciation method for building equipment and structures
First written in FY2017-Q1. 5 of 8 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy for building fixtures and structures, changed from the declining-balance method to the straight-line method, has continued to be applied under the annual accounting policies. - FY2020-Q3DroppedAnnual reportThis quarterly report contains no reference to a change in the depreciation method for building fixtures and structures.
- FY2019RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The depreciation policy for the relevant assets, changed from the declining-balance method to the straight-line method, has continued to be applied under the annual accounting policies. - FY2018RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
Although the description was interrupted in the quarterly report, the annual accounting policy continues to confirm the change from the declining-balance method to the straight-line method for the relevant assets. - FY2018-Q1DroppedAnnual reportThis quarterly report contains no reference to a change in the depreciation method for building fixtures and structures.
- FY2017-Q3RestatedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issue Task Force No. 32, 17 June 2016) from the first quarter of the current consolidated fiscal period 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.」
For building fixtures and structures, the accounting policy changing the method for assets acquired on or after 1 April 2016 from the declining-balance method to the straight-line method continues to be applied. - FY2017-Q2RestatedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issue Task Force No. 32, 17 June 2016) from the first quarter of the current consolidated fiscal period 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 accounting policy changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method continues to be applied. - FY2017-Q1First statedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method in Response to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) during the first quarter 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.」
For the relevant assets acquired on or after 1 April 2016, the company has applied a change from the declining-balance method to the straight-line method. The impact on profit or loss is considered immaterial.