Changing the Depreciation Method for Building Fixtures and Structures to the Straight-Line Method
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2026: 1 of 11 companies on the "Worse" side.
- FY2017RestatedAnnual report
「In connection with revisions to the Corporate Tax Act, the Company applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) during the fiscal year. Accordingly, the depreciation method for building fixtures and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. The impact of this change was immaterial.」
The accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method remains in effect. - FY2017-Q3RestatedAnnual report
「In connection with revisions to the Corporate Tax Act, the Company applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) in the first quarter of the fiscal year. Accordingly, the depreciation method for building fixtures and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. The impact of this change was immaterial.」
The company continues to disclose its accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method. - FY2017-Q2First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first quarter of the current consolidated fiscal year 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 depreciation method for building improvements and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method.