MIT Holdings Co (TSE:4016) Construction In Progress : 円97 Mil (As of Nov. 2024)

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What is MIT Holdings Co Construction In Progress?

MIT Holdings Co's quarterly construction in progress stayed the same from Feb. 2024 (円0 Mil) to May. 2024 (円0 Mil) but then increased from May. 2024 (円0 Mil) to Nov. 2024 (円97 Mil).

MIT Holdings Co's annual construction in progress declined from Nov. 2022 (円101 Mil) to Nov. 2023 (円99 Mil) and declined from Nov. 2023 (円99 Mil) to Nov. 2024 (円97 Mil).

MIT Holdings Co Construction In Progress Historical Data

The historical data trend for MIT Holdings Co's Construction In Progress 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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MIT Holdings Co Construction In Progress Chart

MIT Holdings Co Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Construction In Progress

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61.50

117.09

101.03

99.16

97.33

MIT Holdings Co Quarterly Data
	Nov18	Nov19	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
Construction In Progress	Get a 7-Day Free Trial														-	99.16	-	-	97.33

MIT Holdings Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

MIT Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MIT Holdings Co Ltd (TSE:4016) » Definitions » Construction In Progress

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Traded in Other Exchanges

N/A

Address

2-6-1 Nakase, Chiba Mihama-ku, World Business Garden Marive West 24th Floor, Chiba, JPN, 261-7124

Website

https://www.mit-hd.co.jp

MIT Holdings Co Ltd is engaged in developing an information service business based on IT technology. The company's services include system integration services such as development, operation and maintenance, infrastructure construction; and solution services such as digital books, CAD, face recognition.

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