Nichia Steel Works (TSE:5658) Construction In Progress : 円348 Mil (As of Dec. 2023)

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What is Nichia Steel Works Construction In Progress?

Nichia Steel Works's quarterly construction in progress increased from Jun. 2023 (円352 Mil) to Sep. 2023 (円386 Mil) but then declined from Sep. 2023 (円386 Mil) to Dec. 2023 (円348 Mil).

Nichia Steel Works's annual construction in progress increased from Mar. 2021 (円51 Mil) to Mar. 2022 (円231 Mil) and increased from Mar. 2022 (円231 Mil) to Mar. 2023 (円293 Mil).

Nichia Steel Works Construction In Progress Historical Data

The historical data trend for Nichia Steel Works'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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Nichia Steel Works Construction In Progress Chart

Nichia Steel Works Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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341.32

381.53

51.44

231.09

293.31

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
Construction In Progress	Get a 7-Day Free Trial															270.30	293.31	351.58	386.42	348.19

Nichia Steel Works 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.

Nichia Steel Works (TSE:5658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nichia Steel Works Ltd (TSE:5658) » Definitions » Construction In Progress

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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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