Change in the depreciation method for building improvements and structures
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「For building attachments and structures acquired on or after 1 April 2016, we have changed the depreciation method from the declining-balance method to the straight-line method.」
The company reconfirmed the change in the depreciation method. The impact on the financial statements was immaterial. - FY2017-Q3RestatedAnnual 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 Issues Task Force No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year and changed the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The company reiterated the change in the depreciation method for building fixtures and structures and explained that the impact on the financial statements was immaterial. - FY2017-Q2RestatedAnnual 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 Issues Task Force No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year and changed the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The company reiterated the change in the depreciation method for building fixtures and structures and explained that the impact on the quarterly consolidated financial statements was immaterial. - FY2017-Q1First statedAnnual report
「For building attachments and structures acquired on or after 1 April 2016, we have changed the depreciation method from the declining-balance method to the straight-line method.」
In line with the 2016 tax reforms, the depreciation method for the applicable assets was changed from the declining-balance method to the straight-line method. The company explained that the impact on the quarterly consolidated financial statements was immaterial.