Change to the straight-line depreciation method for building fixtures and structures
First written in FY2017-Q3. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 1 of 12 companies on the "Worse" side.
- FY2021RestatedAnnual report
「The straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company has continued its depreciation policy of using the straight-line method for the applicable assets. - FY2018RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company has continued its depreciation policy of changing the method for building fixtures, structures and other assets from the declining-balance method to the straight-line method. - FY2017RestatedAnnual report
「In accordance with the amendment to the Corporation Tax Act, the company applied during the consolidated fiscal year the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016), changing the depreciation method for buildings' attached facilities and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The annual report also confirms the accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method. - FY2017-Q3First statedAnnual report
「Following the amendment to the Corporation Tax Act, the Company applied the “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform” (Practical Issues Task Force Report No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year, 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.」
Following the tax reform, the depreciation method for the applicable assets acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method.