Meidensha (Meidensha) Construction In Progress : $19 Mil (As of Dec. 2023)

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What is Meidensha Construction In Progress?

Meidensha's quarterly construction in progress increased from Jun. 2023 ($44 Mil) to Sep. 2023 ($49 Mil) but then declined from Sep. 2023 ($49 Mil) to Dec. 2023 ($19 Mil).

Meidensha's annual construction in progress declined from Mar. 2021 ($36 Mil) to Mar. 2022 ($20 Mil) but then increased from Mar. 2022 ($20 Mil) to Mar. 2023 ($46 Mil).

Meidensha Construction In Progress Historical Data

The historical data trend for Meidensha's Construction In Progress 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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Meidensha Construction In Progress Chart

Meidensha Annual Data

Trend

Mar14

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Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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10.69

51.40

35.73

19.81

45.69

Meidensha Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															42.36	45.69	44.30	48.89	18.77

Meidensha Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Meidensha (Meidensha) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meidensha Corp (OTCPK:MEIVF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

6508:Japan MW7:Germany

Address

ThinkPark Tower, 2-1-1 Osaki, Shinagawa-ku, Tokyo, JPN, 141-6029

Website

http://www.meidensha.co.jp

Meidensha Corp is a Japan-based conglomerate that operates through four segments. The company's social infrastructure systems segment, which accounts for the majority of the company's sales, is engaged in businesses related to social infrastructure such as power generation and electricity transmission. The industrial system segment supplies industrial components, dynamometer systems, automatic guided vehicles, and other industrial products to the general manufacturing industry. The maintenance and service segment provides maintaining services. The real estate segment is involved in real estate rentals. The company generates the majority of its sales from the Japanese domestic market.

Meidensha (Meidensha) Headlines

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