Standardization of the depreciation method for property, plant and equipment on a straight-line basis
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2019.
13 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The straight-line method is used for property, plant and equipment, excluding leased assets.」
The straight-line method for depreciating property, plant and equipment, changed in the previous fiscal year, has continued to be used. - FY2018RestatedAnnual report
「The straight-line method is used for property, plant and equipment, excluding leased assets.」
The straight-line method for depreciating property, plant and equipment, changed in the previous fiscal year, has continued to be used. - FY2017-Q3RestatedAnnual report
「Previously, the Company and its domestic consolidated subsidiaries used the declining-balance method for depreciating property, plant and equipment, while overseas consolidated subsidiaries primarily used the straight-line method. From the first quarter of the current consolidated fiscal year, the straight-line method has been adopted.」
The change to the straight-line method and its background, including NEXT STAGE 12, the growing importance of overseas bases, and the standardization of accounting procedures within the Group, have been reconfirmed. The impact on the cumulative period increased operating income and other items by ¥458 million. - FY2017-Q2RestatedAnnual report
「Previously, the Company and its domestic consolidated subsidiaries used the declining-balance method for depreciating property, plant and equipment, while overseas consolidated subsidiaries primarily used the straight-line method. From the first quarter of the current consolidated fiscal year, the straight-line method has been adopted.」
The change to the straight-line method and its background, including NEXT STAGE 12, the growing importance of overseas bases, and the standardization of accounting procedures within the Group, have been reconfirmed. The impact on the cumulative period increased operating income and other items by ¥213 million. - FY2017-Q1First statedAnnual report
「Previously, the Company and its domestic consolidated subsidiaries used the declining-balance method for depreciating property, plant and equipment, while overseas consolidated subsidiaries primarily used the straight-line method. From the first quarter of the current consolidated fiscal year, the straight-line method has been adopted.」
The depreciation method was changed against the backdrop of sustained cost reductions and the strengthening of the foundation for global business operations under NEXT STAGE 12, the growing importance of overseas bases, and the standardization of accounting procedures within the Group. As a result of the change, operating income, ordinary income, and quarterly net income before income taxes and other adjustments each increased by ¥129 million in the current quarter.