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Mitsui High-tec (6966) · InitiativeAdvanced

Changing the Depreciation Method for Property, Plant and Equipment from Declining-Balance to Straight-Line

First written in FY2026-H1. 1 of 5 entries say "Achieved", first in 2026-03-11. Latest entry: FY2026.

5entries
2years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2026-H1Cited as achieved2026-03-11 – 2026-03-312025: 120252026: 42026
Same theme, other companies
Change in depreciation method in connection with global expansion and increased production capacityA theme 20 companies write about · 0 as a headwind · 18 as a tailwind

2 other companies' latest entry also says "Advanced".

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Showing 14 of the 20 companies compared. The sentences above are computed from all 20.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「As a result of this change, operating profit, ordinary profit and profit before income taxes for the current consolidated fiscal year each increased by ¥2,222 million compared with the previous method.」

    The company changed the depreciation method for property, plant and equipment to the straight-line method and stated that operating profit, ordinary profit and profit before income taxes each increased by ¥2,222 million for the full fiscal year.
  3. FY2026-H1First statedAnnual report

    「Previously, the Group primarily used the declining-balance method to depreciate property, plant and equipment. However, it used the straight-line method for buildings acquired on or after 1 April 1998, excluding building improvements, and for building improvements and structures acquired on or after 1 April 2016. From the current interim consolidated accounting period, the Group changed to the straight-line method.」

    In light of capital expenditures to strengthen competitiveness and expand production capacity and the increasing standardization of production equipment, the company changed to the straight-line method. As a result, operating profit, ordinary profit and profit before income taxes for the interim period each increased by ¥764 million.
Moved together

"Expansion of the North American motor core business through the establishment of a subsidiary in Mexico" moved the same way as this thread, in the same document, in 2 of its 5 moves.

22★12
  1. ★This thread
  2. 1Expansion of the North American motor core business through the establishment of a subsidiary in Mexico2×
  3. 2Liquidation Procedures for Hong Kong Subsidiary and Exclusion from Scope of Consolidation2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Mitsui High-tec yet. It last moved in the General Meetings of Shareholders of 2026-03-31: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Changing the Depreciation Method for Property, Plant and Equipment from Declining-Balance to Straight-Line | Mitsui High-tec,Inc. (6966) | Komori