Changing the Depreciation Method for Property, Plant and Equipment to the Straight-Line Method
First written in FY2017-Q2. 3 of 4 entries say "Restated". Latest entry: FY2018.
7 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The straight-line method is used for property, plant and equipment, excluding leased assets.」
The straight-line method continues to be used for depreciating property, plant and equipment. - FY2017RestatedAnnual report
「The Group previously used the declining-balance method for depreciating property, plant and equipment, but changed to the straight-line method from the current consolidated fiscal year.」
The accounting policy change to the straight-line method made in connection with the preparation of the Sixth Medium-Term Management Plan continues to be disclosed in the full-year notes. - FY2017-Q3RestatedAnnual report
「The Group previously used the declining-balance method for depreciating property, plant and equipment, but changed to the straight-line method from the first quarter of the current consolidated fiscal year.」
The accounting policy change to the straight-line method implemented from the first quarter of the consolidated fiscal year continues to be disclosed in the notes for the third quarter. - FY2017-Q2First statedAnnual report
「The Group previously used the declining-balance method for depreciating property, plant and equipment, but changed to the straight-line method from the first quarter of the current consolidated fiscal year.」
In connection with the preparation of the Sixth Medium-Term Management Plan, the Group reassessed how its property, plant and equipment are used and changed to the straight-line method because the assets are expected to be used consistently over their useful lives. The impact is considered immaterial.