Change in useful life to reflect actual use of receiving terminals
First written in FY2020-Q1. . Latest entry: FY2021-Q2.
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- FY2021-Q2Update to the full-year impact of the change in useful lifeAnnual report
「As a result of this change, compared with the previous method, segment profit for the Store Services Business for the cumulative second quarter of the current consolidated fiscal year increased by ¥391 million.」
The company disclosed an impact of ¥391 million on segment profit for the Store Services Business from the change in the useful life of receiving terminals for the cumulative second quarter. - FY2020Update to the full-year impact of the change in useful lifeAnnual report
「As a result of this change, compared with the previous method, operating profit, ordinary profit and profit before income taxes for the current consolidated fiscal year each increased by ¥1,124 million.」
The company disclosed an impact of ¥1,124 million on profit from the change in the useful life of receiving terminals for the full year. - FY2020-Q3Update to the full-year impact of the change in useful lifeAnnual report
「As a result of this change, compared with the previous method, operating profit, ordinary profit and profit before income taxes for the cumulative third quarter of the current consolidated fiscal year each increased by ¥668 million.」
The impact of the change in the useful life of receiving terminals on operating profit and other items was ¥668 million for the cumulative third quarter. - FY2020-Q2Update to the full-year impact of the change in useful lifeAnnual report
「As a result of this change, compared with the previous method, operating profit, ordinary profit and profit before income taxes for the cumulative second quarter of the current consolidated fiscal year each increased by ¥391 million.」
The company disclosed an impact of ¥391 million on profit from the change in the useful life of receiving terminals for the cumulative second quarter. - FY2020-Q1First statedAnnual report
「As music distribution infrastructure shifts to communications satellites and internet connections, we re-examined the actual use of receiving terminals (tuners). Since the period of service continuation at individual stores has been extended and this trend is expected to continue, we revised the useful lives to reflect actual usage and have applied the change going forward.」
In light of the migration of music distribution infrastructure and the extension of service periods, the company has disclosed for the first time a change in an accounting estimate involving the useful lives of receiving terminals. The impact on operating profit and other items was ¥177 million.