Change in the useful lives of fixed assets following the decision on the timing of the head office relocation
First written in FY2019-Q1. . Latest entry: FY2019.
5 other companies' latest entry also says "Other".
- FY2019Full-year impact of the change in useful lives finalizedAnnual report
「As a result, compared with the previous method, depreciation expense for the consolidated fiscal year increased by ¥18.861 million, while operating income, ordinary income and net income before income taxes increased by the same amount.」
The impact of shortening the useful lives of fixed assets associated with the head office relocation is stated as an ¥18.861 million increase in depreciation expense for the full year. - FY2019-Q3Cumulative update to the impact of the change in useful livesAnnual report
「As a result, compared with the previous method, depreciation expense for the cumulative consolidated third quarter increased by ¥14.146 million, while operating income, ordinary income and quarterly net income before income taxes increased by the same amount.」
The impact of shortening the useful lives of fixed assets associated with the head office relocation has been updated to a ¥14.146 million increase in depreciation expense for the cumulative third quarter. - FY2019-Q2Cumulative update to the impact of the change in useful livesAnnual report
「As a result, compared with the previous method, depreciation expense for the cumulative consolidated second quarter increased by ¥9.430 million, while operating income, ordinary income and quarterly net income before income taxes increased by the same amount.」
The impact of shortening the useful lives of fixed assets associated with the head office relocation is stated as a ¥9.430 million increase in depreciation expense for the cumulative second quarter. - FY2019-Q1First statedAnnual report
「During the first quarter of the current consolidated fiscal year, the company decided when to relocate its head office and shortened the useful lives of fixed assets that will become unusable as a result of the relocation, applying the change prospectively. As a result, compared with the previous method, depreciation expense for the first quarter of the current consolidated fiscal year increased by ¥4.715 million, while operating profit, ordinary profit and quarterly net income before income taxes decreased by the same amount.」
Following the decision on the timing of the head office relocation, the useful lives of fixed assets that will become unusable as a result of the relocation were shortened. As a result, depreciation expense increased by ¥4.715 million, reducing operating income and other profit figures by the same amount.