Change in depreciation method for building fixtures and structures
First written in FY2017-Q3. 2 of 3 entries say "Restated". Latest entry: FY2019-Q2.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2019-Q2RestatedAnnual report
「We have applied the “Partial Amendments to Accounting Standard for Tax Effect Accounting” (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The changes in presentation categories resulting from the amendments to the tax-effect accounting standards continue to be applied in the current quarter. - FY2017RestatedAnnual report
「We have applied the change from the declining-balance method to the straight-line method for depreciating building fixtures and structures acquired on or after 1 April 2016 from the current consolidated fiscal year.」
The change in the depreciation method for building fixtures and structures continues to be disclosed as an accounting policy for the fiscal year. - FY2017-Q3First statedAnnual report
「Following the amendment to the Corporation Tax Act, we applied "Practical Solution on Change in Depreciation Method Related to the FY2016 Tax Reform" (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the first 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 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 and loss was considered immaterial.