Change to the Straight-Line Method for Depreciating Property, Plant and Equipment
First written in FY2025-H1. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: 2026-06-03.
11 other companies' latest entry also says "Restated".
- 2026-06-03RestatedGeneral Meetings of Shareholders
「Property, plant and equipment Straight-line method」
The straight-line method continues to be applied to depreciation of property, plant and equipment. This confirms the treatment following the change from the declining-balance method disclosed in the previous fiscal year. - FY2025AdvancedAnnual report
「As a result, compared with the previous method, operating income for the current consolidated fiscal year increased by ¥1,146 million, while ordinary income and net income before income taxes and other adjustments each increased by ¥1,148 million.」
The change in the depreciation method from the declining-balance method to the straight-line method was applied for the full fiscal year, increasing operating income by ¥1,146 million and ordinary income and net income before income taxes and other adjustments by ¥1,148 million each. - FY2025-H1First statedAnnual report
「The company and its principal domestic subsidiaries had traditionally used the declining-balance method, mainly, to depreciate tangible fixed assets, with certain exceptions, but changed to the straight-line method from the current interim consolidated accounting period. Based on the 2026 Medium-Term Management Plan, whose final year is the fiscal year ending March 2027, the Group aims to strengthen earnings power through active growth investments. In this environment, prompted by the execution of large-scale capital investments related to distribution boards, switchboards, and cabinets, the company reconsidered how tangible fixed assets in Japan are used. It determined that, because stable operation is expected going forward, the straight-line method, which allocates costs evenly over the useful life, more appropriately reflects the actual use of tangible fixed assets. As a result of this change, compared with the previous method, operating income for the current interim consolidated accounting period increased by ¥454 million, while ordinary income and interim net income before income taxes and other adjustments each increased by ¥455 million.」
In light of large-scale capital investments and expectations for stable operation going forward, the company changed its depreciation method for tangible fixed assets from the declining-balance method to the straight-line method. As a result, operating income for the current interim consolidated accounting period increased by ¥454 million, while ordinary income and interim net income before income taxes and other adjustments each increased by ¥455 million.