Change in the depreciation method for building improvements and structures
First written in FY2017-Q3. 4 of 5 entries say "Restated". Latest entry: FY2021.
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- FY2021RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building appurtenances, and for building appurtenances and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to buildings and structures acquired on or after 1 April 2016 continues to be applied. - FY2019RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The straight-line method continues to be applied to buildings and structures. - FY2018RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The change from the declining-balance method to the straight-line method for buildings and structures continues to be applied as the accounting policy for the full year. - FY2017RestatedAnnual report
「For building attachments and structures acquired on or after 1 April 2016, we have changed the depreciation method from the declining-balance method to the straight-line method.」
The change in the depreciation method for buildings and structures continues to be applied as the accounting policy for the full year. - FY2017-Q3First 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 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 of the change on profit or loss for the nine months ended the third quarter was described as immaterial.