Change in depreciation method for building fixtures and structures from declining balance to straight line
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2018.
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- FY2018RestatedAnnual report
「The straight-line method is used for building fixtures and structures acquired on or after 1 April 2016, as well as for overseas consolidated subsidiaries.」
The change from the declining-balance method to the straight-line method for building fixtures and structures due to tax reforms continues to be applied. - FY2017-Q3RestatedAnnual 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.」
The change in depreciation method introduced in the first quarter continues to be applied in the third quarter. - FY2017-Q2RestatedAnnual 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.」
The change in depreciation method introduced in the first quarter continues to be applied in the second-quarter notes. - FY2017-Q1First statedAnnual report
「Following the revision of the Corporation Tax Act, we applied the Practical Response Report No. 32, “Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform,” in 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.」
Due to tax reforms, we changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016. The impact was described as immaterial.