Nitcho (TSE:2961) Buildings And Improvements : 円4,028 Mil (As of Mar. 2024)

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What is Nitcho Buildings And Improvements?

Nitcho's quarterly buildings and improvements declined from Sep. 2023 (円4,125 Mil) to Dec. 2023 (円4,027 Mil) but then increased from Dec. 2023 (円4,027 Mil) to Mar. 2024 (円4,028 Mil).

Nitcho's annual buildings and improvements increased from Sep. 2021 (円4,127 Mil) to Sep. 2022 (円4,167 Mil) but then declined from Sep. 2022 (円4,167 Mil) to Sep. 2023 (円4,125 Mil).

Nitcho Buildings And Improvements Historical Data

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

Nitcho Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Buildings And Improvements

4,147.20

4,127.62

4,127.18

4,166.90

4,125.14

Nitcho Quarterly Data
	Sep19	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial									3,867.45	3,828.54	4,125.14	4,027.49	4,028.48

Nitcho 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.

Nitcho (TSE:2961) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitcho Corp (TSE:2961) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-15-8 Higashirokugo, Ota-ku, Tokyo, JPN, 144-8513

Website

https://www.nitcho.co.jp

Nitcho Corp is engaged in the manufacturing and supplying for commercial kitchen equipment.

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