MEC Co (TSE:4971) Construction In Progress : 円401 Mil (As of Mar. 2024)

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What is MEC Co Construction In Progress?

MEC Co's quarterly construction in progress increased from Sep. 2023 (円255 Mil) to Dec. 2023 (円268 Mil) and increased from Dec. 2023 (円268 Mil) to Mar. 2024 (円401 Mil).

MEC Co's annual construction in progress increased from Dec. 2021 (円72 Mil) to Dec. 2022 (円132 Mil) and increased from Dec. 2022 (円132 Mil) to Dec. 2023 (円268 Mil).

MEC Co Construction In Progress Historical Data

The historical data trend for MEC 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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MEC Co Construction In Progress Chart

MEC Co Annual Data

Trend

Mar14

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Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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381.42

530.96

71.84

132.26

268.12

MEC Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															74.63	46.07	255.16	268.12	400.52

MEC 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.

MEC Co (TSE:4971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MEC Co Ltd (TSE:4971) » Definitions » Construction In Progress

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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