Change in depreciation method for building fixtures and structures
First written in FY2017-Q3. 3 of 8 entries say "Restated". Latest entry: FY2022.
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- FY2022Updated to the full-year impactAnnual report
「As a result of this change, compared with the previous method, operating income for the consolidated fiscal year increased by ¥68 million, while ordinary income and income before income taxes increased by ¥69 million each.」
The full-year impact on profit of changing the depreciation method for all property, plant and equipment to the straight-line method was disclosed. - FY2022-Q3Updated to the impact through the third quarterAnnual report
「As a result of this change, compared with the previous method, the operating loss for the cumulative consolidated period through the third quarter decreased by ¥49 million, while the ordinary loss and loss before income taxes for the quarter decreased by ¥50 million each.」
The impact on profit through the third quarter of changing the depreciation method for property, plant and equipment to the straight-line method was disclosed. - FY2022-Q2RestatedAnnual report
「The Company and its domestic consolidated subsidiaries previously used the declining-balance method to depreciate property, plant and equipment, excluding leased assets, except for buildings acquired on or after 1 April 1998 (excluding building fixtures) and building fixtures and structures acquired on or after 1 April 2016. From the first quarter of the consolidated fiscal year, the depreciation method was changed to the straight-line method.」
The policy of applying the straight-line method to all property, plant and equipment continues following business structural reforms and a review of the store strategy. - FY2022-Q1ReframedAnnual report
「The Company and its domestic consolidated subsidiaries previously used the declining-balance method to depreciate property, plant and equipment, excluding leased assets, except for buildings acquired on or after 1 April 1998 (excluding building fixtures) and building fixtures and structures acquired on or after 1 April 2016. From the first quarter of the consolidated fiscal year, the depreciation method was changed to the straight-line method.」
The depreciation method was changed from applying the straight-line method only to building fixtures, structures, and other specified assets to applying it to all property, plant and equipment, excluding leased assets. - FY2020RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The straight-line depreciation method continues to be applied to building fixtures, structures, and other assets. - FY2018RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The straight-line depreciation method continues to be applied to building fixtures, structures, and other assets. - FY2017AdvancedAnnual report
「For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method. As a result, operating income, ordinary income, and income before income taxes for the consolidated fiscal year increased by ¥6 million each.」
The change in the depreciation method continued to be applied, and the impact on each profit figure for the consolidated fiscal year was disclosed as ¥6 million. - FY2017-Q3First statedAnnual report
「Following the revision of the Corporation Tax Act, the Company applied "Practical Solution on Change in Depreciation Method Related to the FY2016 Tax Reform" (Practical Issues Task Force Report No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year, 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. The impact on the quarterly consolidated financial statements during the cumulative consolidated period through the third quarter was immaterial.」
The depreciation method for building improvements and structures acquired on or after 1 April 2016 was changed from the declining-balance method to the straight-line method.