Change in Depreciation Method for Building Equipment, etc.
First written in FY2017-Q2. 6 of 7 entries say "Restated". Latest entry: FY2023.
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- FY2023RestatedAnnual report
「The straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The company continues to apply the straight-line method to building fixtures and other assets. - FY2021RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The company continues to apply the straight-line method to building fixtures and other assets acquired on or after 1 April 2016. - FY2020RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The company continues to apply the straight-line method to building fixtures and other assets acquired on or after 1 April 2016. - FY2019RestatedAnnual report
「However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures acquired on or after 1 April 2016.」
The company continues to apply the straight-line method to building fixtures and other assets acquired on or after 1 April 2016. - FY2017RestatedAnnual report
「In accordance with the amendment to the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) for the current consolidated fiscal year and changed the depreciation method for building fixtures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method.」
The company continues to disclose the accounting treatment of changing the depreciation method for building fixtures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. - FY2017-Q3RestatedAnnual report
「In accordance with the amendment to the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) in the first quarter consolidated accounting period and 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. As a result, the impact on operating income, ordinary income and quarterly profit before income taxes for the cumulative third quarter consolidated period was immaterial.」
The company continues to disclose the accounting treatment of changing the depreciation method for building fixtures and structures from the declining-balance method to the straight-line method, noting that the impact is immaterial. - FY2017-Q2First statedAnnual report
「In accordance with the amendment to the Corporation Tax Act, the company applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) in the first quarter consolidated accounting period and 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. As a result, the impact on operating income, ordinary income and quarterly profit before income taxes for the cumulative second quarter consolidated period was immaterial.」
For building fixtures and structures acquired on or after 1 April 2016, the depreciation method was changed from the declining-balance method to the straight-line method.