Fine Sinter (5994) · PolicyAdvanced
Change in Depreciation Method for Property, Plant and Equipment from Declining-Balance to Straight-Line
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
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Same theme, other companies
Change in depreciation method prompted by the start-up of a new plantA theme 6 companies write about · 0 as a headwind · 6 as a tailwind
2 other companies' latest entry also says "Advanced".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
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- FY2025AdvancedAnnual report
「As a result, compared with the previous method, operating profit for the current consolidated fiscal year increased by ¥346.390 million, while ordinary profit and profit before income taxes increased by ¥348.293 million each.」
The depreciation method for property, plant and equipment was changed from the declining-balance method to the straight-line method, and the impact of applying the straight-line method on operating profit for the current fiscal year, amounting to ¥346.390 million, and on ordinary profit and other items, amounting to ¥348.293 million, was disclosed. - FY2025-H1First statedAnnual report
「Previously, we primarily used the declining-balance method to depreciate property, plant and equipment, excluding leased assets, but changed to the straight-line method from the current interim consolidated accounting period.」
Based on the operation of the Future Factory at the Kasugai Plant and its rollout across the Group, we reassessed the actual use of property, plant and equipment and changed from the declining-balance method to the straight-line method. As a result of the change, operating profit for the interim period increased by ¥192.879 million, while ordinary profit and other items increased by ¥193.608 million.