Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q1. 3 of 6 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 2 of 16 companies on the "Worse" side.
153 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after April 2016.」
The accounting policy of using the straight-line method for building fixtures and structures acquired on or after April 2016 continues to apply. - FY2018RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after April 2016.」
The change to the straight-line method for building fixtures and structures acquired on or after April 2016 continues to apply. - FY2017AdvancedAnnual report
「As a result, operating income, ordinary income and net income before income taxes for the current consolidated fiscal year each increased by ¥1,467 thousand.」
The change in the depreciation method for building fixtures and structures continued to apply, increasing operating income, ordinary income and net income before income taxes by ¥1,467 thousand each for the full fiscal year. - FY2017-Q3RestatedAnnual report
「Following amendments to the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Method Related to the Fiscal 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) in the first quarter of the current fiscal year, changing 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. As a result, operating income, ordinary income and quarterly income before income taxes for the nine months ended the third quarter increased by ¥875 thousand each.」
The change in the depreciation method for building fixtures and structures continued to apply, increasing each profit measure by ¥875 thousand in the nine months ended the third quarter, according to the disclosure. - FY2017-Q2AdvancedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Following the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year, changing 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 change in the depreciation method continued to apply in the second quarter, increasing operating income, ordinary income and quarterly net income before income taxes by ¥345 thousand each, according to the disclosure. - FY2017-Q1First statedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Solution No. 32, 17 June 2016) during the cumulative 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.」
For buildings 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 company states that there was no impact on the quarterly consolidated financial statements.