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Kohnan Shoji Co (TSE:7516) Gross Property, Plant and Equipment : 円205,587 Mil (As of Nov. 2023)


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What is Kohnan Shoji Co Gross Property, Plant and Equipment?

Kohnan Shoji Co's quarterly gross PPE increased from May. 2023 (円191,956 Mil) to Aug. 2023 (円203,777 Mil) and increased from Aug. 2023 (円203,777 Mil) to Nov. 2023 (円205,587 Mil).

Kohnan Shoji Co's annual gross PPE increased from Feb. 2022 (円187,569 Mil) to Feb. 2023 (円189,391 Mil) and increased from Feb. 2023 (円189,391 Mil) to Feb. 2024 (円206,784 Mil).


Kohnan Shoji Co Gross Property, Plant and Equipment Historical Data

The historical data trend for Kohnan Shoji Co's Gross Property, Plant and Equipment 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.

* Premium members only.

Kohnan Shoji Co Gross Property, Plant and Equipment Chart

Kohnan Shoji Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185,007.00 189,765.00 187,569.00 189,391.00 206,784.00

Kohnan Shoji Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross Property, Plant and Equipment 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 189,391.00 191,956.00 203,777.00 205,587.00 206,784.00

Kohnan Shoji Co Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Kohnan Shoji Co  (TSE:7516) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Kohnan Shoji Co Gross Property, Plant and Equipment Related Terms

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Kohnan Shoji Co (TSE:7516) Business Description

Traded in Other Exchanges
N/A
Address
2-2-17 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 532-0004
Kohnan Shoji Co Ltd is a Japan-based company that is principally engaged in retail of products related to home improvement, housekeeping, and automotive supplies and accessories. The company operates through three store chains with different styles: Home Center, mainly offering DIY products and household goods to improve consumers' home and life; Homestock, a small-format version of Home Center with original brands EDLP and Lifelex; and Kohnan Pro, providing tools, building materials, and working equipment for professionals. Most of the company's stores are Home Center stores.

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