Change in the depreciation method for building equipment and structures from the declining-balance method to the straight-line method
First written in FY2017-Q1. 9 of 10 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building improvements, acquired on or after 1 April 1998, building improvements and structures acquired on or after 1 April 2016, and certain fixed assets of certain subsidiaries.」
The accounting policy of using the straight-line method for building improvements, structures and other assets acquired on or after 1 April 2016 continues to be applied. - FY2022RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building improvements, acquired on or after 1 April 1998, building improvements and structures acquired on or after 1 April 2016, and certain fixed assets of certain subsidiaries.」
The accounting policy of using the straight-line method for building improvements and structures acquired on or after 1 April 2016 continues. - FY2021RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building improvements, acquired on or after 1 April 1998, and for building improvements and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building improvements and structures acquired on or after 1 April 2016 continues. - FY2020RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building improvements, acquired on or after 1 April 1998, and for building improvements and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building improvements and structures acquired on or after 1 April 2016 continues to be applied. - FY2019RestatedAnnual report
「The declining-balance method is used. However, the straight-line method is used for buildings, excluding building improvements, acquired on or after 1 April 1998, and for building improvements and structures acquired on or after 1 April 2016.」
The accounting policy of depreciating building improvements and structures acquired on or after 1 April 2016 using the straight-line method continues to be applied. - FY2019-Q2RestatedAnnual report
「We applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and related standards from the beginning of the first quarter. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The amendments related to tax-effect accounting and the presentation classifications applied since the previous quarter have been restated. - FY2017RestatedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) during the current 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 change from the declining-balance method to the straight-line method for buildings and structures has been applied for the full fiscal year, and its impact on the financial statements is considered immaterial. - FY2017-Q3RestatedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on the Change in Depreciation Method Related to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) from the first quarter consolidated accounting period, changing 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 on the quarterly consolidated financial statements for the nine months ended to date was immaterial.」
The change in the depreciation method for buildings and structures has been applied since the first quarter, and its impact on the cumulative third-quarter period is considered immaterial. - FY2017-Q2RestatedAnnual report
「Following the amendment of the Corporation Tax Act, the Company applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) in the first quarter of the 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 on the quarterly consolidated financial statements during the six months ended 30 September 2016 was immaterial.」
The change in the depreciation method for building fixtures and structures has been applied from the first quarter, and its impact on the cumulative period through the current quarter was considered immaterial. - FY2017-Q1First statedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Solution No. 32, 17 June 2016) during the cumulative first quarter of the current 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 depreciation method was changed for building fixtures and structures acquired on or after 1 April 2016, and the impact on the quarterly consolidated financial statements was considered immaterial.