Capital Investment to Implement a Transformation of the Business Structure
First written in FY2017-Q1. 4 of 6 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 2 of 15 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2019DroppedAnnual reportThe FY2019 text contains no disclosure explaining a transformation of the business structure prompted by capital investment as the reason for changing the depreciation method.
- FY2018RestatedAnnual report
「This change was made because, in light of recent trends in the automotive industry and following an examination of how the group's property, plant and equipment is actually used in connection with capital investment to implement a transformation of its business structure, adopting the straight-line depreciation method would enable cost allocation more consistent with actual usage.」
The explanation that a transformation of the business structure prompted by capital investment is the reason for adopting the straight-line depreciation method continues. - FY2017RestatedAnnual report
「This change was made because, in light of recent trends in the automotive industry and following an examination of how the group's property, plant and equipment is actually used in connection with capital investment to implement a transformation of its business structure, adopting the straight-line depreciation method would enable cost allocation more consistent with actual usage. As a result, operating income, ordinary income and profit before income taxes for the current consolidated fiscal year each increased by ¥127.381 million compared with the previous method.」
The reason for changing to the straight-line depreciation method, namely a transformation of the business structure prompted by capital investment, was reiterated, and the impact on profit for the year of ¥127.381 million was also disclosed. - FY2017-Q3RestatedAnnual report
「This change was made because, in light of recent trends in the automotive industry and following an examination of how the group's property, plant and equipment is actually used in connection with capital investment to implement a transformation of its business structure, adopting the straight-line depreciation method would enable cost allocation more consistent with actual usage.」
The reason given for changing the depreciation method to the straight-line method, namely a transformation of the business structure prompted by capital investment, is reiterated in the same wording as in the previous quarter. - FY2017-Q2RestatedAnnual report
「This change was made because, in light of recent trends in the automotive industry and following an examination of how the group's property, plant and equipment is actually used in connection with capital investment to implement a transformation of its business structure, adopting the straight-line depreciation method would enable cost allocation more consistent with actual usage.」
The reason for changing to the straight-line depreciation method, namely that capital investment prompted a transformation of the business structure, is reiterated in the current quarterly report in the same wording. - FY2017-Q1First statedAnnual report
「This change was made because, in light of recent trends in the automotive industry and following an examination of how the group's property, plant and equipment is actually used in connection with capital investment to implement a transformation of its business structure, adopting the straight-line depreciation method would enable cost allocation more consistent with actual usage.」
A new direction has been identified: implementing a transformation of the business structure, prompted by capital investment and taking into account trends in the automotive industry.