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Akebono Brake Industry Co (TSE:7238) Construction In Progress : 円3,166 Mil (As of Mar. 2024)


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What is Akebono Brake Industry Co Construction In Progress?

Akebono Brake Industry Co's quarterly construction in progress declined from Sep. 2023 (円5,662 Mil) to Dec. 2023 (円5,180 Mil) and declined from Dec. 2023 (円5,180 Mil) to Mar. 2024 (円3,166 Mil).

Akebono Brake Industry Co's annual construction in progress increased from Mar. 2022 (円2,430 Mil) to Mar. 2023 (円5,246 Mil) but then declined from Mar. 2023 (円5,246 Mil) to Mar. 2024 (円3,166 Mil).


Akebono Brake Industry Co Construction In Progress Historical Data

The historical data trend for Akebono Brake Industry 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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Akebono Brake Industry Co Construction In Progress Chart

Akebono Brake Industry Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,871.00 3,698.00 2,430.00 5,246.00 3,166.00

Akebono Brake Industry 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 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 5,246.00 5,170.00 5,662.00 5,180.00 3,166.00

Akebono Brake Industry 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.


Akebono Brake Industry Co (TSE:7238) Business Description

Traded in Other Exchanges
Address
19-5 Nihonbashi Koami-cho, Chuo-ku, Tokyo, JPN, 103-8534
Akebono Brake Industry Co Ltd engages in the manufacture and sale of brakes and its components. Its brakes are widely used in various applications, such as passenger and commercial vehicles, motorcycles, rail vehicles and industrial machinery. The firm's product portfolio consists of automobile brakes, motorcycle brakes, rolling stock brakes, industrial machinery brakes, sensors, and concept brake systems.

Akebono Brake Industry Co (TSE:7238) Headlines

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