Changes in the Depreciation Method, Useful Lives and Residual Values of Property, Plant and Equipment
First written in FY2022-Q1. 2 of 3 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022-Q3.
0 other companies' latest entry also says "Advanced".
- FY2022-Q3AdvancedAnnual report
「As a result of these changes, operating income, ordinary income, and profit before income taxes for the cumulative third quarter of the current fiscal year each increased by ¥9,526 million compared with the amounts under the previous methods.」
Regarding the impact of changing the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method, operating income, ordinary income, and quarterly net income before income taxes for the cumulative third quarter each increased by ¥9.526 billion. - FY2022-Q2AdvancedAnnual report
「As a result of these changes, operating income, ordinary income, and profit before income taxes for the cumulative second quarter of the current fiscal year each increased by ¥5,824 million compared with the amounts under the previous methods.」
As a result of changing the depreciation method for property, plant and equipment from the declining-balance method to the straight-line method, operating income, ordinary income, and quarterly net income before income taxes for the cumulative second quarter each increased by ¥5.824 billion. - FY2022-Q1First statedAnnual report
「Previously, the Company and its domestic consolidated subsidiaries used the declining-balance method for certain items of property, plant and equipment. From the first quarter of the current fiscal year, they have changed to the straight-line method.」
In light of the restructuring plan, including the consolidation of production at domestic plants, the depreciation method for certain items of property, plant and equipment was changed from the declining-balance method to the straight-line method, and the useful lives and residual values of certain machinery and equipment were also reviewed.