Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q3. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 2 of 16 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The straight-line method applies to buildings and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building ancillary equipment and structures acquired on or after 1 April 2016 has continued. - FY2019RestatedAnnual report
「The Company and its domestic subsidiaries use the declining-balance method (useful lives and residual values are based on the same standards as those prescribed by the Corporation Tax Act). However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building ancillary equipment, and for building ancillary equipment and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 continues. - FY2017RestatedAnnual report
「For building fixtures and structures acquired on or after 1 April 2016, we changed the depreciation method from the declining-balance method to the straight-line method.」
The accounting policy change from the declining-balance method to the straight-line method for building ancillary equipment and structures has also been restated in the annual disclosure. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, the Company has applied, from the first quarter of 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), and has changed the depreciation method for building ancillary equipment and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
For building ancillary equipment and structures acquired on or after 1 April 2016, the depreciation method has been changed from the declining-balance method to the straight-line method.