Change to the Straight-Line Method of Depreciating Property, Plant and Equipment
First written in FY2024-Q1. 1 of 3 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2024-Q3.
7 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「As a result, operating profit, ordinary profit, and profit before income taxes for the nine months ended the third quarter increased by ¥117 million each compared with the previous method.」
The change to the straight-line method for depreciating property, plant and equipment, applied from the first quarter, was continued, and the impact on profit through the cumulative third quarter was disclosed as ¥117 million. - FY2024-Q2AdvancedAnnual report
「As a result, operating income, ordinary income, and profit before income taxes for the cumulative second quarter of the current consolidated fiscal year each increased by ¥67 million compared with the previous method.」
Following the change in the depreciation method from the declining-balance method to the straight-line method from the first quarter, operating income, ordinary income, and profit before income taxes for the cumulative second quarter each increased by ¥67 million compared with the previous method. - FY2024-Q1First statedAnnual report
「In light of major changes in the business structure and manufacturing framework of the JLL Group resulting from the winding down of the intervention business and other factors, and in conjunction with the formulation of a new medium-term management plan reflecting these changes, we reviewed the depreciation method for property, plant and equipment in light of their actual use.」
From the first quarter, the depreciation method for property, plant and equipment was changed from the declining-balance method to the straight-line method. Prompted by changes in the business structure and manufacturing framework and the formulation of a new medium-term management plan, operating income and other items for the quarter increased by ¥29 million compared with the previous method.