Change to the Straight-Line Depreciation Method Prompted by the Start of Full-Scale Operations at the Higashimatsuyama Plant
First written in FY2017-Q1. 2 of 3 entries say "Restated". Latest entry: FY2018.
2 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Property, plant and equipment Straight-line method」
Continued using the straight-line method for tangible fixed assets following the change made in connection with the Higashimatsuyama Plant’s transition to full-scale operations. - FY2017-Q3RestatedAnnual report
「As a result of this change, compared with the previous method, operating income for the cumulative third-quarter period increased by ¥794 million, while ordinary income and quarterly profit before income taxes each increased by ¥798 million.」
The policy of changing from the declining-balance method to the straight-line method was maintained, and the impact on cumulative Q3 profit is stated. - FY2017-Q1First statedAnnual report
「The depreciation method for our tangible fixed assets had previously been the declining-balance method, but from the first quarter of the current fiscal year we changed to the straight-line method. As a result of this change, compared with the previous method, operating income for the cumulative first-quarter period increased by ¥240 million, while ordinary income and profit before income taxes for the quarterly period each increased by ¥241 million.」
Following the Higashimatsuyama Plant’s transition to full-scale operations, changed the depreciation method for tangible fixed assets from the declining-balance method to the straight-line method.