Change in Depreciation Method Following Tax Reform
First written in FY2017-Q3. 9 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 17 companies on the "Worse" side.
- FY2026RestatedAnnual report
「However, the straight-line method is 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.」
The change in the depreciation method accompanying the tax reforms continues to be applied. - FY2024RestatedAnnual report
「However, the straight-line method is 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.」
The change in the depreciation method accompanying the tax reforms continues to be applied. - FY2023RestatedAnnual report
「However, the straight-line method is 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.」
The change in the depreciation method accompanying the tax reforms continues to be applied. - FY2022RestatedAnnual report
「However, the straight-line method is 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.」
The change in the depreciation method accompanying the tax reforms continues to be applied. - FY2021RestatedAnnual report
「However, the straight-line method is 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.」
The change in the depreciation method accompanying the tax reforms continues to be applied. - FY2020RestatedAnnual report
「However, the straight-line method is 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.」
The change in the depreciation method accompanying the tax reforms continues to be applied. - FY2019RestatedAnnual report
「However, the straight-line method is 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.」
The change in the depreciation method accompanying the tax reforms continues to be applied. - FY2018RestatedAnnual report
「However, the straight-line method is 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.」
Following the tax reform, the company continues to apply the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2017RestatedAnnual report
「In accordance with revisions to the Corporation Tax Act, the company applied in the fiscal year the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issues Task Force Report No. 32, 17 June 2016), changing 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 change from the declining-balance method to the straight-line method has also been applied in the annual financial statements. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Changes in Depreciation Method Associated with the 2016 Tax Reform (Practical Issue Task Force No. 32, 17 June 2016) from the first quarter accounting period, changing 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 profit, ordinary profit and quarterly net income before income taxes was considered immaterial.