Change in the Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 5 of 6 entries say "Restated". Latest entry: FY2021.
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- FY2021RestatedAnnual report
「We and our domestic consolidated subsidiaries use the declining-balance method, except that the straight-line method is used for buildings (excluding fixtures) acquired on or after 1 April 1998 and for fixtures and structures acquired on or after 1 April 2016.」
We continue to apply the accounting policy of using the straight-line method for building fixtures and structures. - FY2020RestatedAnnual report
「We and our domestic consolidated subsidiaries use the declining-balance method, except that the straight-line method is used for buildings (excluding fixtures) acquired on or after 1 April 1998 and for fixtures and structures acquired on or after 1 April 2016.」
We continued to apply the accounting policy of using the straight-line method for building fixtures and structures. - FY2019RestatedAnnual report
「We and our domestic consolidated subsidiaries use the declining-balance method, except that the straight-line method is used for buildings (excluding fixtures) acquired on or after 1 April 1998 and for fixtures and structures acquired on or after 1 April 2016.」
We continue to apply the accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016. - FY2018RestatedAnnual report
「We and our domestic consolidated subsidiaries use the declining-balance method, except that the straight-line method is used for buildings (excluding fixtures) acquired on or after 1 April 1998 and for fixtures and structures acquired on or after 1 April 2016.」
We continue to apply the accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016. - FY2017-Q3RestatedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the 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 company continues to apply the accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method. - FY2017-Q2First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the 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.」
Due to tax reforms, the depreciation method for building fixtures and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method. The impact on profit or loss was considered immaterial.