Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q2. 1 of 4 entries say "Restated". Latest entry: FY2021.
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- FY2021RestatedAnnual report
「However, the Company and its domestic consolidated subsidiaries use the straight-line method for buildings acquired on or after 1 April 1998, excluding leasehold improvements, and for leasehold improvements and structures acquired on or after 1 April 2016.」
The Company continued using the straight-line depreciation method for leasehold improvements and structures acquired on or after 1 April 2016. - FY2017Updated impact amountAnnual report
「As a result, operating income, ordinary income and profit before income taxes for the current consolidated fiscal year each increased by ¥164 million.」
The policy of changing the depreciation method for leasehold improvements and structures from the declining-balance method to the straight-line method continued, and the disclosed full-year impact on profit was ¥164 million. - FY2017-Q3Updated impact amountAnnual report
「Following amendments to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method Related to the 2016 Tax Reform (Practical Issues Task Force Report No. 32, 17 June 2016) during the first quarter of the current consolidated fiscal year and changed the depreciation method for leasehold improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, operating income, ordinary income and profit before income taxes for the cumulative third quarter increased by ¥92 million each.」
The policy of changing the depreciation method from the declining-balance method to the straight-line method continued, and the impact on operating income and other items was updated from ¥43 million for the cumulative second quarter to ¥92 million for the cumulative third quarter. - FY2017-Q2First statedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method in Connection with the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the 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.」
For leasehold 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, increasing operating income and other income items by ¥43 million for the cumulative second quarter.