Change to the Straight-Line Method for Depreciating Property, Plant and Equipment
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2017.
2 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「This was due in part to a decrease in depreciation expense following the change in the depreciation method for tangible fixed assets.」
The change from the declining-balance method to the straight-line method, and the resulting decrease in depreciation expense, are reconfirmed in the discussion of operating results. - FY2017-Q3RestatedAnnual report
「We had adopted the declining-balance method for depreciating tangible fixed assets other than buildings acquired on or after 1 April 1998, excluding building fixtures and lease assets, but changed our policy to adopt the straight-line method from the first-quarter accounting period.」
The accounting policy change to the straight-line method from the first-quarter accounting period is reiterated, together with the reason for the change and its impact. - FY2017-Q2RestatedAnnual report
「We had adopted the declining-balance method for depreciating tangible fixed assets other than buildings acquired on or after 1 April 1998, excluding building fixtures and lease assets, but changed our policy to adopt the straight-line method from the first-quarter accounting period.」
The accounting policy change to the straight-line method from the first-quarter accounting period is reiterated, together with the reason for the change. - FY2017-Q1ReframedAnnual report
「We had adopted the declining-balance method for depreciating tangible fixed assets other than buildings acquired on or after 1 April 1998, excluding building fixtures and lease assets, but changed our policy to adopt the straight-line method from the current first-quarter accounting period.」
The change is explained as a shift to a policy of allocating capital investment costs evenly across periods, based on the assumption that the stores will operate stably over the long term.