Change in depreciation method following a review of the capital investment plan
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017RestatedAnnual report
「As a result of this change, operating income, ordinary income and net income before income taxes increased by ¥75,643 thousand each in the consolidated fiscal year compared with the previous method.」
The company continues to apply the change from the declining-balance method to the straight-line method due to the review of the capital investment plan and discloses an impact on full-year profit of ¥75,643 thousand. - FY2017-Q3RestatedAnnual report
「As a result of this change, operating income, ordinary income and quarterly net income before income taxes increased by ¥55,748 thousand each in the cumulative third quarter consolidated accounting period compared with the previous method.」
The company continues to apply the change from the declining-balance method to the straight-line method and discloses an impact on profit of ¥55,748 thousand for the cumulative third quarter. - FY2017-Q2RestatedAnnual report
「As a result of this change, operating income, ordinary income and quarterly net income before income taxes increased by ¥36,004 thousand each in the cumulative second quarter consolidated accounting period compared with the previous method.」
The company describes the change from the declining-balance method to the straight-line method, made due to the review of the capital investment plan, and its impact on profit. - FY2017-Q1First statedAnnual report
「Following the review, the company determined that adopting the straight-line method, which allocates costs evenly over the useful lives of property, plant and equipment, would more appropriately reflect the Group's actual circumstances, as the property, plant and equipment held by each company is expected to be used steadily and evenly over its useful life. Accordingly, the depreciation method has been changed from the declining-balance method to the straight-line method.」
Following a review of the capital investment plan, the depreciation method for property, plant and equipment has been changed from the declining-balance method to the straight-line method.