Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q3. 3 of 4 entries say "Restated". Latest entry: FY2020.
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- FY2020RestatedAnnual report
「The declining-balance method is used, except that the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building improvements, and for building improvements and structures acquired on or after 1 April 2016.」
The Company continues to apply the straight-line method to building improvements and structures acquired on or after 1 April 2016. - FY2019RestatedAnnual report
「The Company has applied, from the beginning of the consolidated fiscal year under review, the partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018), and presents deferred tax assets under investments and other assets and deferred tax liabilities under non-current liabilities.」
The revised tax-effect accounting standard has been applied from the beginning of the fiscal year, and the resulting changes in the presentation categories for deferred tax assets and liabilities continue to be disclosed. - FY2017RestatedAnnual report
「In accordance with revisions to the Corporation Tax Act, the company applied in the fiscal year the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issues Task Force Report No. 32, 17 June 2016), changing the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The change in the depreciation method for buildings and structures from the declining-balance method to the straight-line method has also been confirmed in the annual report. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Response Report No. 32, “Practical Handling of Changes in Depreciation Methods Related to the 2016 Tax Reform” (17 June 2016), from the first three-month consolidated accounting period, and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. The impact of this change on profit or loss for the first nine months of the current consolidated fiscal year was immaterial.」
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.