Changing the depreciation method for property, plant and equipment to the straight-line method
First written in FY2021-Q1. 2 of 3 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
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- FY2021AdvancedAnnual report
「As a result, compared with the previous method, depreciation expense for the fiscal year decreased by ¥186 million, and operating loss, ordinary loss and loss before income taxes for the year each decreased by ¥186 million.」
The company disclosed that the change from the declining-balance method to the straight-line method reduced annual depreciation expense and each loss by ¥186 million. - FY2021-Q2AdvancedAnnual report
「As a result, compared with the previous method, depreciation expense for the cumulative second quarter decreased by ¥95 million, and operating loss, ordinary loss and loss before income taxes for the quarter each decreased by ¥95 million.」
The company disclosed that the change to the straight-line method made from the first quarter reduced depreciation expense and other effects on the cumulative second quarter by ¥95 million. - FY2021-Q1First statedAnnual report
「The company previously used the declining-balance method to depreciate property, plant and equipment, except for buildings acquired on or after 1 April 1998, excluding building fixtures, for which it used the straight-line method. From the current first quarter, it has changed to the straight-line method. As a result, compared with the previous method, depreciation expense for the cumulative first quarter decreased by ¥48 million, and operating loss, ordinary loss and loss before income taxes for the quarter each decreased by ¥48 million.」
After reviewing usage patterns in connection with store-layout and menu revisions, the rollout of new business formats and plans to open new locations in existing formats, including Kisoji, the company changed from the declining-balance method to the straight-line method.