Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q1. 4 of 6 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and 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 continued to be applied. - FY2018RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and 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 continued to be applied in the annual financial statements. - FY2017Finalisation of the full-year impact amountAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Response Report No. 32, "Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform" (17 June 2016), in 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. As a result, operating profit, ordinary profit and profit before income taxes for the current consolidated fiscal year each increased by ¥68 million.」
The change in the depreciation method continued to be applied in the annual financial statements, with the impact on full-year operating profit, ordinary profit and profit before income taxes disclosed as ¥68 million for each. - FY2017-Q3RestatedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first-quarter consolidated accounting period 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 profit and loss for the first three quarters was immaterial.」
The accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method continued to be applied, and the impact on profit or loss was disclosed as immaterial. - FY2017-Q2RestatedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Response Report No. 32, "Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform" (17 June 2016), in the first-quarter consolidated accounting period 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 profit or loss for the current second-quarter cumulative period was immaterial.」
The accounting policy of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method continued to be applied in the second quarter, and the impact on profit or loss was disclosed as immaterial. - FY2017-Q1First statedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Response Report No. 32, "Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform" (17 June 2016), in the current first-quarter consolidated accounting period 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 profit or loss for the current first-quarter cumulative period was immaterial.」
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, with an immaterial impact on quarterly profit or loss.