Change to Straight-Line Depreciation for Building Fixtures and Structures
First written in FY2017-Q2. 4 of 5 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「However, the straight-line method is applied to warehouse facilities (building structures), commercial facilities for lease (building structures), and building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to warehouse facilities, commercial facilities for lease, and building fixtures and structures acquired on or after 1 April 2016 has continued. - FY2018RestatedAnnual report
「However, the straight-line method is applied to warehouse facilities (building structures), commercial facilities for lease (building structures), and building fixtures and structures acquired on or after 1 April 2016.」
The accounting policy of applying the straight-line method to building fixtures, structures and similar assets acquired on or after 1 April 2016 has continued. - FY2017RestatedAnnual report
「Following amendments to the Corporation Tax Act, the Company and its domestic consolidated subsidiaries applied the Practical Solution on the Change in Depreciation Method Related to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) in the consolidated fiscal year under review, 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 accounting treatment of applying the straight-line method to building fixtures and structures acquired on or after 1 April 2016 has continued. - FY2017-Q3RestatedAnnual report
「In response to amendments to the Corporation Tax Act, the company and its domestic consolidated subsidiaries applied the Practical Solution on Changes in Depreciation Method in Response to the 2016 Tax Reform (Practical Response Report No. 32, dated 17 June 2016) from the first quarter of the consolidated fiscal year under review, changing the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The accounting treatment of changing the depreciation method from the declining-balance method to the straight-line method for building fixtures and structures acquired on or after 1 April 2016 has continued. - FY2017-Q2First statedAnnual report
「In response to amendments to the Corporation Tax Act, the company and its domestic consolidated subsidiaries applied the Practical Solution on Changes in Depreciation Method in Response to the 2016 Tax Reform (Practical Response Report No. 32, dated 17 June 2016) from the first quarter of the consolidated fiscal year under review, changing the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from declining-balance to straight-line. The impact on operating profit and other figures was immaterial.