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The Kansai Electric Power Company (9503) · FactAdvanced

Changing the Depreciation Method for Property, Plant and Equipment from Declining-Balance to Straight-Line

First written in FY2020-Q1. 2 of 3 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2020-Q3.

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ProgressHeldSoftenedWorseFirst statedFY2020-Q1AdvancedFY2020-Q2 – FY2020-Q32019: 220192020: 12020
Same theme, other companies
電力需要安定・大型投資一巡を契機とした減価償却方法変更A theme 5 companies write about · 0 as a headwind · 5 as a tailwind

1 other company's latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2020-Q3AdvancedAnnual report

    「As a result of this change, compared with the previous method, operating income increased by ¥35,861 million, while ordinary income and income before income taxes and other adjustments for the quarter each increased by ¥35,651 million.」

    The Company disclosed the impact of the change from the declining-balance method to the straight-line method on operating income and other items for the nine months ended the third quarter. The increase in operating income amounted to ¥35,861 million.
  2. FY2020-Q2AdvancedAnnual report

    「As a result of this change, compared with the previous method, operating income increased by ¥23,452 million, while ordinary income and income before income taxes and other adjustments for the quarter each increased by ¥23,359 million.」

    The Company has specifically disclosed the impact of the change in the depreciation method for property, plant and equipment made from the first quarter on operating income and other items for the six months ended the second quarter.
  3. FY2020-Q1First statedAnnual report

    「Previously, the Company and its consolidated subsidiaries primarily used the declining-balance method to depreciate property, plant and equipment. From the first quarter of the current consolidated fiscal year, they have primarily changed to the straight-line method.」

    The depreciation method was changed from the declining-balance method to the straight-line method in light of the outlook for stable electricity demand, electricity-system reforms, stable operation of power sources, and the efficient and stable operation of facilities overall. As a result of the change, operating income increased by ¥11,477 million, while ordinary income and income before income taxes and other adjustments for the quarter each increased by ¥11,431 million.
Moved together

"Comprehensive Management Efficiency Improvements" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222222★123456
  1. ★This thread
  2. 1Comprehensive Management Efficiency Improvements2×
  3. 2¥25 Per-Share Dividend Following Two Consecutive Profitable Periods and Improved Financial Position2×
  4. 3Providing Optimal Energy Solutions Through Gas and Utility Services2×
  5. 4Expansion of Subscriptions to eo Hikari and mineo2×
  6. 5Development of Energy-Efficient Real Estate and Lifestyle-Related Services2×
  7. 6Guarantee obligations relating to borrowings and other obligations and power purchase and sale agreements2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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The Kansai Electric Power Company's next results are scheduled for 2026-10-29. Read the earnings preview
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Changing the Depreciation Method for Property, Plant and Equipment from Declining-Balance to Straight-Line | The Kansai Electric Power Company,Incorporated (9503) | Komori