Application of Accounting Standards for Business Combinations and Related Standards and Change in Depreciation Method
First written in FY2016-Q3. 6 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
154 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The straight-line method prescribed under the Corporation Tax Act is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of continuing to use the straight-line method for building fixtures, structures and other assets acquired on or after 1 April 2016 remains in place. - FY2023RestatedAnnual report
「The straight-line method prescribed under the Corporation Tax Act is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of continuing to use the straight-line method for building fixtures, structures and other assets acquired on or after 1 April 2016 remains in place. - FY2021RestatedAnnual report
「The straight-line method prescribed under the Corporation Tax Act is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures, structures and other assets acquired on or after 1 April 2016 remains in place. - FY2018RestatedAnnual report
「The straight-line method prescribed under the Corporation Tax Act is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures, structures and other assets acquired on or after 1 April 2016 remains in place. - FY2017RestatedAnnual report
「The straight-line method prescribed under the Corporation Tax Act is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 continues to be disclosed. - FY2016RestatedAnnual report
「The Accounting Standard for Business Combinations and other standards have been adopted from the current consolidated fiscal year. Accordingly, the presentation of net income and other items has been changed, as has the presentation of minority interests as non-controlling interests.」
The adoption of accounting standards for business combinations and related standards, and the change to the straight-line method for building fixtures and structures acquired on or after 1 April 2016, have been confirmed as accounting policies for the full year. - FY2016-Q3First statedAnnual report
「The Accounting Standard for Business Combinations (Accounting Standards Board of Japan Statement No. 21, 13 September 2013), the Accounting Standard for Consolidated Financial Statements (Accounting Standards Board of Japan Statement No. 22, 13 September 2013), the Accounting Standard for Business Divestitures (Accounting Standards Board of Japan Statement No. 7, 13 September 2013) and other standards have been adopted from the first quarter of the consolidated fiscal year. Accordingly, the presentation of net income for the quarter and other items has been changed, as has the presentation of minority interests as non-controlling interests. In addition, the depreciation method for building fixtures and structures acquired on or after 1 April 2016 has been changed from the declining-balance method to the straight-line method.」
The disclosure describes changes in presentation accompanying the adoption of accounting standards for business combinations, consolidation and business divestitures, as well as a change in the depreciation method for building fixtures and structures. The impact of the depreciation-method change on profit or loss for the cumulative third-quarter consolidated period is described as immaterial.