Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2024: 2 of 17 companies on the "Worse" side.
156 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Following the amendment to the Corporation Tax Act, the Group applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Issues Task Force Report No. 32, 17 June 2016) during the current consolidated 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. The impact on operating income, ordinary income and profit before income taxes for the current fiscal year was immaterial.」
The Group continued 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, explaining that the impact on profit and loss was immaterial. - FY2017-Q3RestatedAnnual report
「Following the amendment to the Corporation Tax Act, the Group applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Issues Task Force Report No. 32, 17 June 2016) from the first quarter of the current consolidated 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. The impact on operating income, ordinary income and quarterly profit before income taxes for the cumulative third quarter was immaterial.」
The Group continued to disclose its policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method, stating that the impact on profit and loss was immaterial. - 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 improvements and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method.