MEC Co (TSE:4971) Buildings And Improvements : 円7,996 Mil (As of Mar. 2024)

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What is MEC Co Buildings And Improvements?

MEC Co's quarterly buildings and improvements increased from Sep. 2023 (円7,916 Mil) to Dec. 2023 (円7,940 Mil) and increased from Dec. 2023 (円7,940 Mil) to Mar. 2024 (円7,996 Mil).

MEC Co's annual buildings and improvements increased from Dec. 2021 (円7,714 Mil) to Dec. 2022 (円8,044 Mil) but then declined from Dec. 2022 (円8,044 Mil) to Dec. 2023 (円7,940 Mil).

MEC Co Buildings And Improvements Historical Data

The historical data trend for MEC Co'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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MEC Co Buildings And Improvements Chart

MEC Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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6,939.73

7,037.71

7,714.18

8,043.78

7,940.21

MEC Co 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															8,100.31	7,857.54	7,916.12	7,940.21	7,996.32

MEC Co 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.

MEC Co (TSE:4971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MEC Co Ltd (TSE:4971) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-1, Kuise Minamishimmachi, Hyogo, Amagasaki, JPN, 660-0822

Website

http://www.mec-co.com

MEC Co Ltd is a Japan-based chemical manufacturer. The company mainly develops, manufactures, and sells chemicals to produce printed circuit boards. Products offered by the company include dry film pretreatment, solar mask pretreatment, microetching, metal resist stripping, among others. Its products are used in automobile, smartphone, and computer. MEC also serves customers in Continental Asia, Europe, America's, India, The Middle-East, and North-Africa.

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