Change in the depreciation method for property, plant and equipment to the straight-line method following the merger
First written in FY2024-Q1. 2 of 3 entries say "Restated". Latest entry: FY2024-Q3.
0 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Previously, the company’s consolidated subsidiary 大日本ダイヤコンサルタント株式会社 primarily used the declining-balance method to depreciate property, plant and equipment, excluding lease assets, except that it used the straight-line method 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 first quarter of the current consolidated fiscal year, it has changed to the straight-line method.」
The company has continued to apply in the third quarter the accounting policy change from primarily the declining-balance method to the straight-line method following the merger. - FY2024-Q2RestatedAnnual report
「Previously, the company’s consolidated subsidiary 大日本ダイヤコンサルタント株式会社 primarily used the declining-balance method to depreciate property, plant and equipment, excluding lease assets, except that it used the straight-line method 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 first quarter of the current consolidated fiscal year, it has changed to the straight-line method.」
Following the merger, the company reviewed the usage of its property, plant and equipment and has continued to apply in the second quarter the accounting policy change from primarily the declining-balance method to the straight-line method. The impact of the change on loss was considered immaterial. - FY2024-Q1First statedAnnual report
「Previously, the company’s consolidated subsidiary 大日本ダイヤコンサルタント株式会社 primarily used the declining-balance method to depreciate property, plant and equipment, excluding lease assets, except that it used the straight-line method 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 first quarter of the current consolidated fiscal year, it has changed to the straight-line method.」
Following the merger on 1 July 2023, the company reviewed the usage of its property, plant and equipment and changed the depreciation method primarily from the declining-balance method to the straight-line method, on the basis that the assets are expected to be used consistently as the company strengthens its integrated service delivery structure from investigation and analysis through planning and design. The impact of the change on the loss for the first quarter was considered immaterial.