Change in depreciation method for building fixtures and equipment and structures to the straight-line method
First written in FY2017-Q2. 5 of 6 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The declining-balance method is used, except that the straight-line method is used for buildings and for building-related equipment and structures acquired on or after 1 April 2016. Overseas consolidated subsidiaries primarily use the straight-line method.」
It has reconfirmed the accounting treatment of applying the straight-line method to building-related equipment and structures acquired on or after April 2016. - FY2019RestatedAnnual report
「The declining-balance method is used, except that the straight-line method is used for buildings and for building-related equipment and structures acquired on or after 1 April 2016. Overseas consolidated subsidiaries primarily use the straight-line method.」
It has reconfirmed the accounting treatment of applying the straight-line method to building-related equipment and structures acquired on or after 1 April 2016. - FY2018RestatedAnnual report
「The declining-balance method is used, except that the straight-line method is used for buildings and for building-related equipment and structures acquired on or after 1 April 2016.」
It has reconfirmed the accounting treatment of applying the straight-line method to building-related equipment and structures acquired on or after 1 April 2016. - FY2017RestatedAnnual report
「The depreciation method for building-related equipment and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. The impact on profit or loss for the consolidated fiscal year was immaterial.」
It has reconfirmed the change in the depreciation method following the tax reform and that the impact on profit or loss was immaterial. - FY2017-Q3RestatedAnnual report
「Following the amendment of the Corporation Tax Act, the company applied Practical Solution Report No. 32, "Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform" (17 June 2016), in the first quarter of the fiscal year, and changed the depreciation method for building-related equipment and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. The impact on profit or loss for the cumulative consolidated period through the third quarter was immaterial.」
It has reconfirmed the accounting treatment of changing the depreciation method for building-related equipment and structures from the declining-balance method to the straight-line method, and that the impact on profit or loss was immaterial. - FY2017-Q2First statedAnnual report
「Following the amendment of the Corporation Tax Act, the company applied Practical Solution Report No. 32, "Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform" (17 June 2016), in the first quarter of the fiscal year, and changed the depreciation method for building-related equipment and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. The impact on profit or loss for the cumulative consolidated period through the second quarter was immaterial.」
In connection with the tax reform, the depreciation method for building-related equipment and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. The impact on profit or loss was immaterial.