Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 5 of 6 entries say "Restated". Latest entry: FY2019.
- FY2019RestatedAnnual report
「However, the declining-balance method is applied to building fixtures and structures included in buildings and structures acquired on or before 31 March 2016, and to vehicles and equipment, while the straight-line method is applied to building fixtures and structures acquired on or after 1 April 2016.」
The company reconfirmed its accounting policy of applying the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2018RestatedAnnual report
「However, the declining-balance method is applied to building fixtures and structures included in buildings and structures acquired on or before 31 March 2016, and to vehicles and equipment, while the straight-line method is applied to building fixtures and structures acquired on or after 1 April 2016.」
The company reconfirmed its accounting policy of applying the straight-line method to building fixtures and structures acquired on or after 1 April 2016. - FY2018-Q2RestatedAnnual report
「Previously, selling, general and administrative expenses were presented by expense category, but from the first quarter of the consolidated fiscal year the company changed to presenting them as a single line item under selling, general and administrative expenses.」
The company reconfirmed its accounting presentation change from displaying selling, general and administrative expenses by expense category to displaying them as a single line item. - FY2017RestatedAnnual report
「In connection with the amendment to the Corporation Tax Act, the company applied "Practical Treatment of Changes in Depreciation Methods Related to the Fiscal 2016 Tax Reform" (Practical Response Report No. 32, 17 June 2016) from the current 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. The impact of this change on the consolidated financial statements for the current consolidated fiscal year was immaterial.」
The company reconfirmed its accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method, and that the impact was immaterial. - FY2017-Q3RestatedAnnual report
「In connection with the amendment to the Corporation Tax Act, the company applied "Practical Treatment of Changes in Depreciation Methods Related to the Fiscal 2016 Tax Reform" (Practical Response Report No. 32, 17 June 2016) from the first quarter of the 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. The impact of this change on the quarterly consolidated financial statements was immaterial.」
The company reconfirmed its accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method, and deemed the impact immaterial. - FY2017-Q2First statedAnnual report
「In connection with the amendment to the Corporation Tax Act, the company applied "Practical Treatment of Changes in Depreciation Methods Related to the Fiscal 2016 Tax Reform" (Practical Response Report No. 32, 17 June 2016) from the first quarter of the 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. As a result, operating income, ordinary income and quarterly net income before income taxes and other adjustments for the six months ended 30 September 2016 each increased by ¥760 thousand.」
In connection with the amendment to the Corporation Tax Act, the company 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.