Change to the straight-line depreciation method for building fixtures and structures
First written in FY2017-Q2. 5 of 6 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 2 of 16 companies on the "Worse" side.
- FY2019RestatedAnnual report
「The company uses the straight-line method for vessels and generally the declining-balance method for other assets. However, it uses the straight-line method 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 company continues to apply the accounting policy of using the straight-line method for vessels and for building fixtures and structures acquired on or after 1 April 2016. - FY2019-Q2RestatedAnnual report
「We have applied the “Partial Amendments to Accounting Standards for Tax Effect Accounting” (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards from the beginning of the first-quarter consolidated accounting period. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company continues to apply the revised tax-effect accounting standards and the change in the presentation classification of deferred tax assets and liabilities. - FY2018RestatedAnnual report
「The company uses the straight-line method for vessels and generally the declining-balance method for other assets. However, it uses the straight-line method 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 company continues to apply the accounting policy of using the straight-line method for building fixtures and structures acquired on or after 1 April 2016. - FY2017RestatedAnnual report
「In response to amendments to the Corporation Tax Act, the company applied Practical Solution Report No. 32, Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform (17 June 2016), during 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 loss, ordinary loss, and loss before income taxes for the current consolidated fiscal year each decreased by ¥472 thousand.」
The company applied the change in the depreciation method for building fixtures and structures for the full fiscal year and disclosed an impact of ¥472 thousand on operating loss and other losses. - FY2017-Q3RestatedAnnual report
「In response to amendments to the Corporation Tax Act, the company applied Practical Solution Report No. 32, Practical Treatment of Changes in Depreciation Methods Related to the FY2016 Tax Reform (17 June 2016), from the first quarter of 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 loss, ordinary loss, and loss before income taxes for the first 3 quarters of the current consolidated fiscal year each decreased by ¥315 thousand.」
The company continues to apply the change in the depreciation method for building fixtures and structures and disclosed that operating loss and other losses each decreased by ¥315 thousand as a result. - FY2017-Q2First statedAnnual report
「Following an amendment to the Corporation Tax Act, we applied the “Practical Solution on Change in Depreciation Method in Line with the 2016 Tax Reform” (Practical Issues Task Force No. 32, 17 June 2016) from the beginning of the first quarter of 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.」
The company has disclosed a change in 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.