Standardization of the depreciation method for domestic tangible fixed assets to the straight-line method
First written in FY2023-Q1. 2 of 4 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2024.
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- FY2024AchievedAnnual report
「Tangible fixed assets, excluding leased assets The straight-line method is used.」
The change to standardize the depreciation method for domestic tangible fixed assets to the straight-line method has become established, and the straight-line method is used as the accounting policy for the current fiscal year. - FY2023-Q3AdvancedAnnual report
「As a result of this change, the depreciation method for the Group's tangible fixed assets has been standardized to the straight-line method. In addition, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the cumulative third quarter of the current consolidated fiscal year each increased by ¥57 million.」
The impact of standardizing the depreciation method for domestic tangible fixed assets to the straight-line method was also reflected in the cumulative third quarter, increasing operating profit, ordinary profit and quarterly profit before income taxes by ¥57 million each. - FY2023-Q2AdvancedAnnual report
「As a result of this change, the depreciation method for the Group's tangible fixed assets has been standardized to the straight-line method. In addition, compared with the previous method, operating profit, ordinary profit and quarterly profit before income taxes for the cumulative second quarter of the current consolidated fiscal year each increased by ¥33 million.」
The impact of standardizing the depreciation method for domestic tangible fixed assets to the straight-line method was also reflected in the cumulative second quarter, increasing operating profit, ordinary profit and quarterly profit before income taxes by ¥33 million each. - FY2023-Q1First statedAnnual report
「Previously, the Company and its domestic consolidated subsidiaries primarily used the declining-balance method to depreciate tangible fixed assets other than buildings acquired on or after 1 April 1998, building fixtures and structures acquired on or after 1 April 2016, and leased assets. From the first quarter of the current consolidated fiscal year, the depreciation method has been changed to the straight-line method.」
Beginning with the first quarter of the current consolidated fiscal year, the depreciation method for domestic tangible fixed assets was changed primarily from the declining-balance method to the straight-line method, standardizing the method across the Group. As a result of the change, operating profit, ordinary profit and quarterly profit before income taxes increased by ¥14 million each in the current quarter.