Change in depreciation method for building fixtures and structures to the straight-line method
First written in FY2017-Q3. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 2 of 16 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Declining-balance method. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company continues to use the straight-line method to depreciate building fixtures and structures acquired on or after 1 April 2016. - FY2024RestatedAnnual report
「Declining-balance method. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company continues to use the straight-line method to depreciate building fixtures and structures acquired on or after 1 April 2016. - FY2023RestatedAnnual report
「Declining-balance method. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company continues to use the straight-line method for building fixtures and structures acquired on or after 1 April 2016. - FY2019RestatedAnnual report
「Tangible fixed assets, excluding leased assets: declining-balance method. However, the straight-line method is used for buildings acquired on or after 1 April 1998, excluding building fixtures, and for building fixtures and structures acquired on or after 1 April 2016.」
The Company continues to depreciate building fixtures and structures acquired on or after 1 April 2016 using the straight-line method. - FY2017-Q3First statedAnnual report
「Following amendments to the Corporation Tax Act, we applied the Practical Solution on Change in Depreciation Method Following the 2016 Tax Reform (Practical Issues Task Force No. 32, 17 June 2016) from the first quarter of the consolidated fiscal year, changing 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.」
For building fixtures and structures acquired on or after 1 April 2016, the company changed the depreciation method from declining balance to straight line.