Komori
Okamoto Glass (7746) · PolicyFirst stated

Change to the straight-line depreciation method for property, plant and equipment

First written in FY2027-H1. . Latest entry: FY2027-H1.

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Change in Depreciation Method Prompted by the Formulation of a Medium-Term Management PolicyA theme 23 companies write about · 1 as a headwind · 20 as a tailwind

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  1. FY2027-H1First statedAnnual report

    「Previously, the Company and its domestic consolidated subsidiaries primarily used the declining-balance method for depreciating property, plant and equipment, excluding leased assets, with the straight-line method used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016. From the current interim consolidated accounting period, the straight-line method is being used.」

    In preparing GROWTH28, the depreciation method for property, plant and equipment was changed from the declining-balance method to the straight-line method, taking into account a review of the operating environment and management policies and the utilization of production equipment. Compared with the previous method, operating loss, ordinary loss and interim net loss before income taxes and other adjustments for the current interim consolidated accounting period each decreased by ¥39,577 thousand.
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