NTN (STU:NTN) Buildings And Improvements : €1,622 Mil (As of Mar. 2024)

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What is NTN Buildings And Improvements?

NTN's quarterly buildings and improvements declined from Sep. 2023 (€585 Mil) to Dec. 2023 (€567 Mil) but then increased from Dec. 2023 (€567 Mil) to Mar. 2024 (€1,622 Mil).

NTN's annual buildings and improvements declined from Mar. 2022 (€1,816 Mil) to Mar. 2023 (€1,731 Mil) and declined from Mar. 2023 (€1,731 Mil) to Mar. 2024 (€1,622 Mil).

NTN Buildings And Improvements Historical Data

The historical data trend for NTN'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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NTN Buildings And Improvements Chart

NTN Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Buildings And Improvements

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1,803.99

1,743.07

1,815.57

1,731.36

1,622.28

NTN Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															1,731.36	598.24	584.80	567.30	1,622.28

NTN 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.

NTN (STU:NTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NTN Corp (STU:NTN) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

6472:Japan

Address

3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003

Website

http://www.ntn.co.jp

NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.