Change in the depreciation method for certain domestic consolidated subsidiaries from the declining-balance method to the straight-line method
First written in FY2018-Q1. 2 of 3 entries say "Restated". Latest entry: FY2018.
15 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Certain domestic consolidated subsidiaries had primarily used the declining-balance method for depreciating property, plant and equipment, excluding leased assets, but changed to the straight-line method from the current consolidated fiscal year.」
The accounting policy under which certain domestic consolidated subsidiaries changed their depreciation method to the straight-line method was confirmed for the full fiscal year. - FY2018-Q2RestatedAnnual report
「Certain domestic consolidated subsidiaries had primarily used the declining-balance method for depreciating property, plant and equipment, excluding leased assets, but changed to the straight-line method from the first quarter.」
The company continued to disclose the accounting policy under which certain domestic consolidated subsidiaries changed their depreciation method to the straight-line method, and considered the impact on the current quarter immaterial. - FY2018-Q1First statedAnnual report
「Certain domestic consolidated subsidiaries had primarily used the declining-balance method for depreciating property, plant and equipment, excluding leased assets, but changed to the straight-line method from the first quarter of the current consolidated fiscal year.」
In light of the stable operation of property, plant and equipment, the company determined that the allocation of expenses would more appropriately reflect economic substance and changed the depreciation method. The impact on the quarterly financial statements was considered immaterial.