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Leo Palace21 (STU:MQI) Buildings And Improvements : €128 Mil (As of Dec. 2023)


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What is Leo Palace21 Buildings And Improvements?

Leo Palace21's quarterly buildings and improvements increased from Jun. 2023 (€124 Mil) to Sep. 2023 (€126 Mil) and increased from Sep. 2023 (€126 Mil) to Dec. 2023 (€128 Mil).

Leo Palace21's annual buildings and improvements increased from Mar. 2021 (€416 Mil) to Mar. 2022 (€430 Mil) but then declined from Mar. 2022 (€430 Mil) to Mar. 2023 (€425 Mil).


Leo Palace21 Buildings And Improvements Historical Data

The historical data trend for Leo Palace21'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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Leo Palace21 Buildings And Improvements Chart

Leo Palace21 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 707.34 540.75 415.58 430.14 425.05

Leo Palace21 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 148.24 425.05 123.56 125.66 127.66

Leo Palace21 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.


Leo Palace21 (STU:MQI) Business Description

Traded in Other Exchanges
Address
2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

Leo Palace21 (STU:MQI) Headlines

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