Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 10 of 12 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 3 of 18 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The straight-line method is used to depreciate property, plant and equipment, excluding lease assets.」
Reconfirms the existing accounting policy of using the straight-line method for domestic property, plant and equipment. - FY2020-Q3RestatedAnnual report
「(Change in accounting policy) There are no applicable matters.」
States that there was no change in accounting policies during the cumulative third-quarter period, and indicates no new change to the existing policy of using the straight-line method for domestic property, plant and equipment. - FY2020-Q2RestatedAnnual report
「(Changes in accounting policies) No applicable matters.」
States that there was no change in accounting policies during the cumulative second-quarter period, and indicates no new change to the existing policy of using the straight-line method for domestic property, plant and equipment. - FY2020-Q1RestatedAnnual report
「(Change in accounting policy) There are no applicable matters.」
States that there was no change in accounting policies during the current first quarter, and indicates no new change to the existing policy of using the straight-line method to depreciate domestic property, plant and equipment. - FY2019RestatedAnnual report
「The Company and its domestic consolidated subsidiaries use the straight-line method to depreciate property, plant and equipment, excluding lease assets.」
Reconfirms the accounting policy of using the straight-line method for domestic property, plant and equipment. It states that there were no applicable matters regarding changes in accounting policies. - FY2019-Q3RestatedAnnual report
「(Change in accounting policy) There are no applicable matters.」
States that there was no change in accounting policies during the cumulative third-quarter period, and indicates no new change to the existing policy of using the straight-line method to depreciate domestic property, plant and equipment. - FY2018-Q3RestatedAnnual report
「The Company and its domestic consolidated subsidiaries had previously used the declining-balance method to depreciate property, plant and equipment, excluding lease assets, except that the straight-line method was used for buildings acquired on or after 1 April 1998 and building improvements and structures acquired on or after 1 April 2016. From the first-quarter consolidated accounting period, they have changed to the straight-line method.」
Reconfirms the accounting policy change to the straight-line method for domestic property, plant and equipment from the first-quarter consolidated accounting period. The change increased operating income and other items for the cumulative third-quarter period by ¥21.162 million. - FY2018-Q2RestatedAnnual report
「The Company and its domestic consolidated subsidiaries had previously used the declining-balance method to depreciate property, plant and equipment, excluding lease assets, except that the straight-line method was used for buildings acquired on or after 1 April 1998 and building improvements and structures acquired on or after 1 April 2016. From the first-quarter consolidated accounting period, they have changed to the straight-line method.」
Restates the accounting policy change to the straight-line method for domestic property, plant and equipment. The change increased operating income and other items for the cumulative second-quarter period by ¥13.775 million. - FY2018-Q1ReframedAnnual report
「The Company and its domestic consolidated subsidiaries had previously used the declining-balance method to depreciate property, plant and equipment, excluding lease assets, except that the straight-line method was used for buildings acquired on or after 1 April 1998 and building improvements and structures acquired on or after 1 April 2016. From the current consolidated fiscal year, they have changed to the straight-line method.」
States that, in addition to building improvements and structures previously covered, the depreciation method for all domestic property, plant and equipment, excluding lease assets, was changed to the straight-line method. The reasons were to standardize the Group's accounting policies following an increase in straight-line-method assets at overseas subsidiaries and to improve the appropriateness of period income calculations. Operating income and other items for the current first quarter increased by ¥6.747 million compared with the previous method. - 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.」
Reconfirms the accounting policy change for buildings and structures from the declining-balance method to the straight-line method following tax law revisions. - FY2017-Q3RestatedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method in Connection with the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the 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.」
Restates the accounting policy change for the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method. - FY2017-Q2First statedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method in Connection with the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the 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.」
For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method. The impact on profit or loss for the six months ended was described as immaterial.