OKAMOTO GLASS CO.,LTD. [7746.T]
TOKYO, Mar 27 (Pulse News Wire) – Okamoto Glass CO.,LTD. (7746.T) announced today that its board of directors has decided to switch from the declining balance method to the straight-line depreciation method for tangible fixed assets beginning in the fiscal year ending March 2027.
This change aims to more accurately reflect the utilization of tangible fixed assets and facilitate appropriate future investment decisions. The company stated that it would promptly disclose its consolidated performance forecast for the fiscal year ending March 2027, which includes the impact of this decision.
🟢 Confidence: High AI-translated content.