Change in depreciation method for building fixtures and structures
First written in FY2017-Q3. 2 of 3 entries say "Restated". Latest entry: FY2019-Q2.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
- FY2019-Q2RestatedAnnual report
「The Company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting and other relevant standards from the beginning of the first quarter of the consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The application of the revised accounting standard for tax-effect accounting and the change in the presentation classification of deferred tax assets and liabilities have been reconfirmed. - FY2017RestatedAnnual report
「For building attachments and structures acquired on or after 1 April 2016, we have changed the depreciation method from the declining-balance method to the straight-line method.」
The accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method remains in effect. - FY2017-Q3First statedAnnual report
「In response to amendments to the Corporation Tax Act, the company and its domestic consolidated subsidiaries applied the Practical Solution on Changes in Depreciation Method in Response to the 2016 Tax Reform (Practical Response Report No. 32, dated 17 June 2016) from the first quarter of the consolidated fiscal year under review, changing the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method. The impact on earnings was considered immaterial.