Change in Depreciation Method for Building Improvements and Structures
First written in FY2017-Q1. 2 of 3 entries say "Restated". Latest entry: FY2017-Q3.
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- FY2017-Q3RestatedAnnual report
「Following the revision of the Corporation Tax Act, the Company applied "Practical Treatment of Changes in Depreciation Methods under the Fiscal 2016 Tax Reform" (Practical Response Report No. 32, 17 June 2016) in the first-quarter accounting period and changed 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 impact on the quarterly financial statements for the nine months ended 31 December 2016 was immaterial.」
The accounting policy change from the declining-balance method to the straight-line method for building improvements and structures is reproduced, with the impact on the nine months ended 31 December 2016 described as immaterial. - FY2017-Q2RestatedAnnual report
「Following the revision of the Corporation Tax Act, the Company applied "Practical Treatment of Changes in Depreciation Methods under the Fiscal 2016 Tax Reform" (Practical Response Report No. 32, 17 June 2016) in the first-quarter accounting period and changed 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 impact on the quarterly financial statements for the six months ended 30 September 2016 was immaterial.」
The accounting policy change from the declining-balance method to the straight-line method for building improvements and structures is reproduced, with the impact on the six months ended 30 September 2016 described as immaterial. - FY2017-Q1First statedAnnual report
「Following the revision of the Corporation Tax Act, the Company applied "Practical Treatment of Changes in Depreciation Methods under the Fiscal 2016 Tax Reform" (Practical Response Report No. 32, 17 June 2016) in the first-quarter accounting period and changed 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.」
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. The Company states that there was no impact on the quarterly financial statements.