Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 2 of 17 companies on the "Worse" side.
- FY2020RestatedAnnual report
「The straight-line method is applied to building fixtures and structures acquired on or after 1 April 2016.」
The company continues to apply the accounting policy under which the straight-line method is used for leasehold improvements and structures acquired on or after 1 April 2016. - FY2017-Q3RestatedAnnual report
「Following the amendment to the Corporation Tax Act, we applied "Practical Solution on Change in Depreciation Method Related to the FY2016 Tax Reform" (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the first 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 company continues to apply the accounting policy under which the depreciation method for leasehold improvements and structures was changed from the declining-balance method to the straight-line method, and states that the impact on results is immaterial. - FY2017-Q2First statedAnnual report
「Following the amendment to the Corporation Tax Act, we applied "Practical Solution on Change in Depreciation Method Related to the FY2016 Tax Reform" (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the first 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 building fixtures and structures acquired on or after 1 April 2016, the company changed the depreciation method from declining balance to straight line.