GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chiba Kogyo Bank Ltd (TSE:8337) » Definitions » Gross Property, Plant and Equipment

Chiba Kogyo Bank (TSE:8337) Gross Property, Plant and Equipment : 円18,835 Mil (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Chiba Kogyo Bank Gross Property, Plant and Equipment?

Chiba Kogyo Bank's quarterly gross PPE increased from Jun. 2023 (円18,850 Mil) to Sep. 2023 (円18,932 Mil) but then declined from Sep. 2023 (円18,932 Mil) to Dec. 2023 (円18,835 Mil).

Chiba Kogyo Bank's annual gross PPE stayed the same from Mar. 2021 (円20,185 Mil) to Mar. 2022 (円19,322 Mil) but then declined from Mar. 2022 (円19,322 Mil) to Mar. 2023 (円19,033 Mil).


Chiba Kogyo Bank Gross Property, Plant and Equipment Historical Data

The historical data trend for Chiba Kogyo Bank'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.

Chiba Kogyo Bank Gross Property, Plant and Equipment Chart

Chiba Kogyo Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,904.00 20,625.00 20,185.00 19,322.00 19,033.00

Chiba Kogyo Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19,108.00 19,033.00 18,850.00 18,932.00 18,835.00

Chiba Kogyo Bank 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.


Chiba Kogyo Bank  (TSE:8337) 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.


Chiba Kogyo Bank Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Chiba Kogyo Bank's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Chiba Kogyo Bank (TSE:8337) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-2, Saiwaicho 2-chrome, Mihama-ku, Chiba, JPN, 261-0001
Chiba Kogyo Bank Ltd operates as a bank. Principally, it is engaged in the provision of various banking services for individuals and corporate customers. The bank offers deposit products, including savings, time deposits, and foreign currency deposits. It provides loans such as practitioner, medical, business, agriculture, and procurement of institutional and other funds. In addition, it renders management support for agribusiness, international business, merger and acquisition, trust agency, national pension fund as well as gives information on free consultation services. The company also administers foreign exchange, internet and mobile banking, and automated teller machines services.

Chiba Kogyo Bank (TSE:8337) Headlines

No Headlines