Change in the depreciation method for tangible fixed assets to the straight-line method
First written in FY2017-Q3. 3 of 5 entries say "Restated". Latest entry: FY2024.
13 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The straight-line method is used for property, plant and equipment, excluding leased assets.」
The straight-line method continues to be used for depreciating property, plant and equipment. - FY2019RestatedAnnual report
「The straight-line method is used for property, plant and equipment, excluding leased assets.」
The straight-line method continues to be used for depreciating property, plant and equipment. - FY2018RestatedAnnual report
「The straight-line method is used for property, plant and equipment, excluding leased assets.」
The straight-line method continues to be used for depreciating property, plant and equipment. - FY2018-Q1AdvancedAnnual report
「As a result, compared with the previous method, segment profit for the cumulative first quarter increased by ¥13 thousand in the vending-machine retail business, ¥4,459 thousand in the beverage manufacturing business, ¥277 thousand in the real estate operations business, and ¥22 thousand in adjustments.」
For the change to the straight-line depreciation method, the company has for the first time quantitatively disclosed the impact on segment profit for the cumulative first quarter by business segment. - FY2017-Q3First statedAnnual report
「The company and its domestic consolidated subsidiaries had previously used the declining-balance method to depreciate property, plant and equipment, excluding lease assets related to finance lease transactions that do not transfer ownership, except that the straight-line method was used for buildings acquired on or after 1 April 1998, excluding building fixtures. From the first quarter of the current fiscal year, they changed to the straight-line method. In reviewing the expected use of property, plant and equipment in connection with such capital investments, the company determined that the straight-line method would more appropriately reflect the group’s actual circumstances, as stable use is expected over the assets’ useful lives.」
The company explains that it changed its depreciation method from the declining-balance method to the straight-line method in light of capital investment in the beverage manufacturing business and the expected stable use of property, plant and equipment.