REGULATIONS CONCERNING TERMINOLOGY, FORMS AND METHODS OF PREPARATION OF FINANCIAL STATEMENTS, ETC. Copyright Roderick Seeman

Section 3 Fixed Assets

Article 22. The Scope of Tangible Fixed Assets The assets listed hereunder shall come under tangible fixed assets. (However, concerning the assets listed in Items i to vii, limited to those provided for use in business).

i. Buildings and such attached facilities as heating, lighting and ventilation.

ii. Structures (Meaning docks, bridges, wharves, piers, tracks, reservoirs, tunnels, smokestacks and other engineered facilities or other things constructed or attached to the land. Hereinafter the same)

iii. Machinery and equipment as well as conveyors, hoists, conveying facilities such as cranes and other attached facilities.

iv. Vessels and marine transport devices.

v. Rolling stock, automobiles, and other transport devices.

vi. Tools, utensils, and fittings. However, limited to those durable for one year or more.

vii. Land.

viii. Construction in progress (Meaning, in those situations where there is construction of something to be provided for use in business and which is an asset listed in any of the previous items, the expenditures and the raw material appropriated for the purpose of the said construction. (Hereinafter the same).)

ix. Such other tangible fixed assets that are assets not falling under current assets or investments.