Corporate tax rate is changed.
The company which fiscal period start from April 1st(account closed after April 1st included) will be imposed new corporate tax rate.
Corporate tax rate : before 30% new 25.5% (if companies net profit is over ¥800mil)
Reducing Balance Depreciation change 250% into 200%.
So far reducing balance depreciation rate was 2.5 times of Straight-line depreciation rate.
Ex: The goods price is ¥1,000 and its duration is 5 years. Straight line depreciation will be ¥200/year=(20% of original price)
Before reducing balance depreciation rate was computed 2.5 times of straight line depreciation rate(20%*2.5(250%)=50%).
New reducing balance depreciation use 200% depreciation.
Hence, if it same condition as above, new rate will be 20%*2.0(200%)=40%
Hope above tips good works on your companies accounting.