Change in depreciation method for building fixtures and structures
First written in FY2017-Q3. . Latest entry: FY2017.
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- FY2017Full-year impact finalizedAnnual report
「As a result, operating income, ordinary income and income before taxes for the consolidated fiscal year increased by ¥82 million each.」
The increase in annual profit resulting from the change in the depreciation method for building fixtures and structures was stated as ¥82 million. - FY2017-Q3First statedAnnual report
「Following the revision of the Corporation Tax Act, the company applied “Practical Treatment Regarding Changes in Depreciation Methods Related to the FY2016 Tax Reform” (Practical Response Report No. 32, 17 June 2016) from the first-quarter consolidated accounting period, 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. As a result, operating income, ordinary income and income before taxes for the nine-month period ended 31 December increased by ¥43 million each.」
The depreciation method for acquisitions on or after 1 April 2016 was changed from the declining-balance method to the straight-line method, increasing each profit measure for the year-to-date quarter by ¥43 million.