Change in Depreciation Method for Building Fixtures and Structures
First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2017. Latest entry: FY2017.
The whole theme swung hardest in 2024: 3 of 17 companies on the "Worse" side.
- FY2017AchievedAnnual report
「In response to revisions to the Corporation Tax Act, the Company applied the Practical Solution on Changes in Depreciation Methods Related to the FY2016 Tax Revisions during the current consolidated fiscal year, changing 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 Company changed the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method and applied the change during the current consolidated fiscal year. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the “Practical Solution on Changes in Depreciation Method Related to the 2016 Tax Reform” (ASBJ Practical Issues Task Force No. 32, 17 June 2016) during the second quarter of the current consolidated fiscal year and changed the depreciation method for building improvements and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The Company states that it 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.