Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q3. 6 of 7 entries say "Restated". Latest entry: FY2025.
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- FY2025RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures and buildings on land leased under business fixed-term land lease agreements, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to building fixtures, structures and other assets has continued. - FY2022RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures and buildings on land leased under business fixed-term land lease agreements, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to building fixtures, structures and other assets has continued. - FY2021RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures and buildings on land leased under business fixed-term land lease agreements, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to building fixtures, structures and other assets has continued. - FY2020RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures and buildings on land leased under business fixed-term land lease agreements, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to building fixtures, structures and other assets has continued. - FY2018RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures and buildings on land leased under business fixed-term land lease agreements, and for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to building fixtures and structures acquired on or after 1 April 2016 has continued to apply for the full year. - FY2017RestatedAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) during the current consolidated fiscal year 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 change to the straight-line method for building fixtures and structures applied from the first quarter has been reconfirmed as the accounting policy for the full year. - FY2017-Q3First statedAnnual report
「Following revisions to the Corporation Tax Act, we applied the Practical Response Report No. 32, Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform, from the first quarter of the consolidated fiscal year 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.」
For buildings and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method. The impact on operating income and other items was considered immaterial.