Change in depreciation method prompted by the construction of a new plant and the formulation of a medium-term management plan

An accounting policy change prompted by the construction of a new plant and the formulation of a new medium-term management plan, following a review of the actual use of property, plant and equipment. The depreciation method will be changed from the declining-balance method to the straight-line method. As a result, depreciation expense will decrease and operating income and other profit measures will increase.