Change in Depreciation Method for Buildings, Fixtures and Structures Following Tax Reform
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
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- FY2017RestatedAnnual report
「Certain domestic consolidated subsidiaries 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 in connection with amendments to the Corporation Tax Act.」
The change in the depreciation method and its immaterial impact on profit or loss were also disclosed in the annual financial results. - FY2017-Q3RestatedAnnual report
「In connection with amendments to the Corporation Tax Act, certain domestic consolidated subsidiaries applied the Practical Response Report on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) in the first quarter of the 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. The impact of this change on profit or loss for the cumulative third quarter of the consolidated fiscal year was immaterial.」
The accounting policy changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method was restated, and its impact on profit or loss was considered immaterial. - FY2017-Q2First statedAnnual report
「In connection with amendments to the Corporation Tax Act, certain domestic consolidated subsidiaries applied the Practical Response Report on Changes in Depreciation Methods Related to the FY2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) in the first quarter of the 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. The impact of this change on profit or loss for the cumulative second quarter of the consolidated fiscal year was immaterial.」
Certain domestic consolidated subsidiaries 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.