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SMC (SMECF) Buildings And Improvements : $982 Mil (As of Dec. 2023)


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What is SMC Buildings And Improvements?

SMC's quarterly buildings and improvements declined from Jun. 2023 ($958 Mil) to Sep. 2023 ($920 Mil) but then increased from Sep. 2023 ($920 Mil) to Dec. 2023 ($982 Mil).

SMC's annual buildings and improvements increased from Mar. 2021 ($1,461 Mil) to Mar. 2022 ($1,511 Mil) and increased from Mar. 2022 ($1,511 Mil) to Mar. 2023 ($1,652 Mil).


SMC Buildings And Improvements Historical Data

The historical data trend for SMC's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SMC Buildings And Improvements Chart

SMC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,318.95 1,474.48 1,461.14 1,510.63 1,651.58

SMC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 914.29 1,651.58 958.42 920.36 982.45

SMC Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


SMC (SMECF) Business Description

Traded in Other Exchanges
Address
4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021
SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

SMC (SMECF) Headlines

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