Nichia Steel Works (TSE:5658) Buildings And Improvements : 円3,511 Mil (As of Dec. 2023)

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What is Nichia Steel Works Buildings And Improvements?

Nichia Steel Works's quarterly buildings and improvements declined from Jun. 2023 (円3,636 Mil) to Sep. 2023 (円3,576 Mil) and declined from Sep. 2023 (円3,576 Mil) to Dec. 2023 (円3,511 Mil).

Nichia Steel Works's annual buildings and improvements declined from Mar. 2021 (円3,963 Mil) to Mar. 2022 (円3,799 Mil) and declined from Mar. 2022 (円3,799 Mil) to Mar. 2023 (円3,698 Mil).

Nichia Steel Works Buildings And Improvements Historical Data

The historical data trend for Nichia Steel Works'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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Nichia Steel Works Buildings And Improvements Chart

Nichia Steel Works Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Buildings And Improvements

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3,918.26

4,204.85

3,962.70

3,798.63

3,697.86

Nichia Steel Works Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															3,745.97	3,697.86	3,636.05	3,575.69	3,511.03

Nichia Steel Works 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.

Nichia Steel Works (TSE:5658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nichia Steel Works Ltd (TSE:5658) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

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Address

6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083

Website

http://www.nichiasteel.co.jp

Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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