Changing the depreciation method for property, plant and equipment to the straight-line method
First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2025.
6 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「For property, plant and equipment, excluding leased assets, the Company principally uses the straight-line method.」
The Company continues to apply the straight-line method to property, plant and equipment from the first quarter of the fiscal year ended September 2023 onward. - FY2023-Q3RestatedAnnual report
「The Company had previously used the declining-balance method to depreciate its property, plant and equipment, excluding buildings and structures, but changed to the straight-line method from the first quarter accounting period.」
The Company continues to apply the change to the straight-line method. Operating income, ordinary income and profit before income taxes for the nine months ended the current third quarter increased by ¥8,591 thousand each. - FY2023-Q2RestatedAnnual report
「The Company had previously used the declining-balance method to depreciate its property, plant and equipment, excluding buildings and structures, but changed to the straight-line method from the first quarter accounting period.」
The Company continues to apply the change to the straight-line method. Operating income, ordinary income and profit before income taxes for the six months ended the current second quarter increased by ¥3,716 thousand each. - FY2023-Q1First statedAnnual report
「The Company had previously used the declining-balance method to depreciate its property, plant and equipment, excluding buildings and structures, but changed to the straight-line method from the beginning of the current first quarter accounting period.」
Following a review of the actual use of property, plant and equipment and the risk of obsolescence, the Company changed to the straight-line method. As a result of the change, operating income, ordinary income and profit before income taxes for the three months ended the current first quarter increased by ¥1,251 thousand each.