Change in the Depreciation Method for Tangible Fixed Assets in Japan to the Straight-Line Method
First written in FY2018-Q1. 2 of 4 entries say "Restated". Latest entry: FY2018.
1 other company's latest entry also says "Achieved".
- FY2018AchievedAnnual report
「As a result, compared with the previous method, operating income for the fiscal year increased by ¥275.057 million, while ordinary income and profit before income taxes increased by ¥293.745 million each.」
The annual results confirmed the change to the straight-line method for depreciating domestic tangible fixed assets, and disclosed its impact on operating income and other items. - FY2018-Q3RestatedAnnual report
「As a result, compared with the previous method, operating income for the cumulative third quarter increased by ¥173.008 million, while ordinary income and profit before income taxes increased by ¥189.879 million each.」
The Company continued the change to the straight-line method for domestic depreciation implemented from the first quarter, and disclosed increases of ¥173.008 million in operating income and ¥189.879 million in ordinary income and profit before income taxes for the cumulative third quarter. - FY2018-Q2RestatedAnnual report
「As a result, compared with the previous method, operating income for the cumulative second quarter increased by ¥107.582 million, while ordinary income and profit before income taxes increased by ¥119.874 million each.」
The Company disclosed that the change to the straight-line method for domestic depreciation, implemented from the first quarter, increased operating income by ¥107.582 million and ordinary income and profit before income taxes by ¥119.874 million on a first-half cumulative basis. - FY2018-Q1First statedAnnual report
「The straight-line method had traditionally been used by overseas subsidiaries, while the declining-balance method had primarily been used by the Company and its domestic subsidiaries, except that the straight-line method was 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. From the current first quarter, however, the Company and its domestic subsidiaries have changed their depreciation method to the straight-line method.」
In response to expanded domestic capital investment, the depreciation method was changed to the straight-line method to unify the Group's accounting policies and better reflect actual usage. As a result, operating income for the cumulative first quarter increased by ¥51.630 million, while ordinary income and profit before income taxes increased by ¥58.602 million each.