Change in depreciation method for building fixtures and structures from declining-balance to straight-line
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
- FY2017RestatedAnnual report
「In connection with revisions to the Corporation Tax Act, the company applied Practical Solution Report No. 32, Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform (17 June 2016), to the current consolidated fiscal year, and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, operating income, ordinary income and profit before income taxes for the current consolidated fiscal year each increased by ¥3.307 million.」
The company applied the change in the depreciation method for building fixtures and structures throughout the fiscal year and disclosed an effect of ¥3.307 million on each profit measure. - FY2017-Q3RestatedAnnual report
「In connection with revisions to the Corporation Tax Act, the company applied Practical Solution Report No. 32, Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform (17 June 2016), in the first-quarter consolidated accounting period, and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, operating income, ordinary income and profit before income taxes for the cumulative third quarter of the current consolidated fiscal year each increased by ¥1.744 million.」
The company continued applying the change in the depreciation method for building fixtures and structures and disclosed an increase of ¥1.744 million in each profit measure for the cumulative third quarter. - FY2017-Q2First statedAnnual report
「In connection with revisions to the Corporation Tax Act, the company applied Practical Solution Report No. 32, Practical Treatment of Changes in Depreciation Methods Related to the 2016 Tax Reform (17 June 2016), in the first-quarter consolidated accounting period, and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. The effect of this change on income and expenses for the cumulative second quarter of the current consolidated fiscal year was immaterial.」
The company changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016. It reported that the effect on income and expenses was immaterial.