Change in the depreciation method for building fixtures and structures
First written in FY2017-Q3. 4 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 2 of 17 companies on the "Worse" side.
- FY2023RestatedAnnual report
「The declining-balance method is used, except that the straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 remains in effect. - FY2020RestatedAnnual report
「The declining-balance method is used, except that the straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 remains in effect. - FY2018RestatedAnnual report
「The declining-balance method is used, except that the straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016 remains in effect. - FY2017RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016.」
For building fixtures and structures, the company has continued to apply the straight-line method as its accounting policy to assets acquired on or after 1 April 2016. - 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 building improvements and structures acquired on or after 1 April 2016, the company changed the depreciation method from the declining-balance method to the straight-line method. The impact on profit or loss was immaterial.