Change in Depreciation Method Based on the Assumption of Long-Term Stable Use of Shinkansen Rolling Stock
First written in FY2022-Q1. 3 of 4 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
0 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「As a result, compared with the previous method, operating loss, ordinary loss and net loss before income taxes and other adjustments for the current consolidated fiscal year each improved by ¥12,708 million.」
The changes to the straight-line depreciation method and the useful life of Shinkansen rolling stock were applied for the full year, improving each loss by ¥12,708 million. - FY2022-Q3AdvancedAnnual report
「As a result, compared with the previous method, operating loss, ordinary loss and quarterly net loss before income taxes and other adjustments for the cumulative third quarter of the current consolidated fiscal year each improved by ¥9,323 million.」
As a result of changing the depreciation method for Shinkansen rolling stock from the declining-balance method to the straight-line method and changing its useful life, operating loss, ordinary loss and quarterly net loss before income taxes and other adjustments for the cumulative third quarter each improved by ¥9,323 million. - FY2022-Q2AdvancedAnnual report
「As a result, compared with the previous method, operating loss, ordinary loss and loss before income taxes for the cumulative second quarter of the current consolidated fiscal year each improved by ¥6,037 million.」
As a result of changing the depreciation method for Shinkansen rolling stock from the declining-balance method to the straight-line method and changing its useful life to the economically usable period forecast to reflect actual conditions, each loss for the cumulative second quarter improved by ¥6,037 million. - FY2022-Q1First statedAnnual report
「For the depreciation method applied to Shinkansen rolling stock, a class of property, plant and equipment, we had previously used the declining-balance method, but changed to the straight-line method from the first quarter of the current consolidated fiscal year.」
Based on changes in market structure triggered by COVID-19 and the revision of Medium-Term Management Plan 2022, the company changed its depreciation method for Shinkansen rolling stock from the declining-balance method to the straight-line method on the assumption that the rolling stock would be used over the long term on a stable basis.