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Leo Palace21 (TSE:8848) Buildings And Improvements : 円20,258 Mil (As of Sep. 2024)


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What is Leo Palace21 Buildings And Improvements?

Leo Palace21's quarterly buildings and improvements declined from Mar. 2024 (円63,732 Mil) to Jun. 2024 (円0 Mil) but then increased from Jun. 2024 (円0 Mil) to Sep. 2024 (円20,258 Mil).

Leo Palace21's annual buildings and improvements increased from Mar. 2022 (円56,173 Mil) to Mar. 2023 (円60,829 Mil) and increased from Mar. 2023 (円60,829 Mil) to Mar. 2024 (円63,732 Mil).


Leo Palace21 Buildings And Improvements Historical Data

The historical data trend for Leo Palace21'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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Leo Palace21 Buildings And Improvements Chart

Leo Palace21 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64,333.00 53,778.00 56,173.00 60,829.00 63,732.00

Leo Palace21 Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Buildings And Improvements 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 19,827.00 20,044.00 63,732.00 - 20,258.00

Leo Palace21 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.


Leo Palace21 Business Description

Traded in Other Exchanges
N/A
Address
2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

Leo Palace21 Headlines

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