Nittan (TSE:6493) Construction In Progress : 円1,172 Mil (As of Sep. 2024)

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What is Nittan Construction In Progress?

Nittan's quarterly construction in progress increased from Dec. 2023 (円1,264 Mil) to Mar. 2024 (円1,660 Mil) but then declined from Mar. 2024 (円1,660 Mil) to Sep. 2024 (円1,172 Mil).

Nittan's annual construction in progress declined from Mar. 2022 (円1,553 Mil) to Mar. 2023 (円981 Mil) but then increased from Mar. 2023 (円981 Mil) to Mar. 2024 (円1,660 Mil).

Nittan Construction In Progress Historical Data

The historical data trend for Nittan'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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Nittan Construction In Progress Chart

Nittan Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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4,003.97

1,527.98

1,552.96

981.20

1,660.03

Nittan Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Construction In Progress	Get a 7-Day Free Trial															1,076.12	1,199.92	1,264.14	1,660.03	1,171.59

Nittan 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.

Nittan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nittan Corp (TSE:6493) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

518 Soya, Hadano-shi, Kanagawa, JPN, 257-0031

Website

http://www.niv.co.jp

Nittan Corp operates in the auto parts industry. The company is mainly engaged in the manufacturing and distribution of engine valves, automobile parts, spinning machine parts, and other general machine parts and equipment. In addition, the company is involved in the produce, process, and sales of agricultural crops. The company has an operational presence across Asia, North America, and Europe.

Nittan Headlines

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