Change to the Straight-Line Method for Depreciating Property, Plant and Equipment
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2020.
7 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「As a result, compared with the previous method, operating income, ordinary income and profit before income taxes for the fiscal year each increased by ¥385 million.」
The change to depreciating all property, plant and equipment using the straight-line method was applied for the full fiscal year, resulting in a ¥385 million increase in operating income and related measures compared with the previous method. - FY2020-Q3RestatedAnnual report
「As a result, compared with the previous method, operating income, ordinary income and profit before income taxes for the cumulative consolidated period of the third quarter each increased by ¥278 million.」
The change to depreciating all property, plant and equipment using the straight-line method continues to be applied, and the Company disclosed that operating income and related measures for the cumulative period of the third quarter increased by ¥278 million compared with the previous method. - FY2020-Q2RestatedAnnual report
「As a result, compared with the previous method, operating income, ordinary income and profit before income taxes for the cumulative consolidated period of the second quarter each increased by ¥177 million.」
The change to depreciating all property, plant and equipment using the straight-line method continues to be applied from the first quarter, and the Company disclosed that operating income and related measures for the cumulative period of the second quarter increased by ¥177 million compared with the previous method. - FY2020-Q1First statedAnnual report
「The Company previously used the declining-balance method for depreciating certain property, plant and equipment, but from the cumulative consolidated period of the first quarter changed the depreciation method for all property, plant and equipment to the straight-line method. As a result, compared with the previous method, operating income, ordinary income and profit before income taxes for the cumulative consolidated period of the first quarter each increased by ¥85 million.」
From the first quarter beginning in April 2019, the Company changed the depreciation method for all property, plant and equipment, including assets previously depreciated using the declining-balance method, to the straight-line method. The reasons for the change were the completion of standardization of store equipment, expectations for long-term stable use and a review of asset utilization. The Company disclosed that operating income and related measures for the quarter increased by ¥85 million compared with the previous method.