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Electric Power Development (9513) · InitiativeRestated

Change in Depreciation Method for Domestic Operating Equipment to the Straight-Line Method

First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.

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ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY20172016: 120162017: 22017
Same theme, other companies
Change in Depreciation Method Based on Actual Usage at Domestic Consolidated CompaniesA theme 20 companies write about · 0 as a headwind · 11 as a tailwind

15 other companies' latest entry also says "Restated".

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Showing 14 of the 20 companies compared. The sentences above are computed from all 20.
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  1. FY2017RestatedAnnual report

    「As a result of this change, depreciation expense for the current consolidated fiscal year decreased compared with the previous method, while operating income increased by ¥18,299 million and ordinary income and net income before income taxes increased by ¥18,301 million each.」

    The change in domestic business equipment from the declining-balance method to the straight-line method continues to be applied, with its impact on profit for the year disclosed in specific terms.
  2. FY2017-Q3RestatedAnnual report

    「As a result of this change, depreciation expense for the nine months ended the third quarter of the current consolidated fiscal year decreased compared with the previous method, while operating income increased by ¥13,446 million and ordinary income and quarterly net income before income taxes increased by ¥13,448 million each.」

    The change in domestic business equipment from the declining-balance method to the straight-line method and its impact on profit for the cumulative period are disclosed.
  3. FY2017-Q2First statedAnnual report

    「The Company had used the declining-balance method to depreciate buildings and structures and machinery and equipment, but from the first quarter of the current consolidated fiscal year has changed to the straight-line method.」

    In light of the business environment after liberalization and the actual stable operation of domestic business equipment, the Company changed its depreciation method from the declining-balance method to the straight-line method. As a result of the change, operating income for the six months ended the second quarter of the current consolidated fiscal year increased by ¥8,773 million.
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Electric Power Development's next results are scheduled for 2026-10-30. Read the earnings preview
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Change in Depreciation Method for Domestic Operating Equipment to the Straight-Line Method | Electric Power Development Co.,Ltd. (9513) | Komori