GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nidec Corp (FRA:NIB1) » Definitions » Property, Plant and Equipment

Nidec (FRA:NIB1) Property, Plant and Equipment : €5,630 Mil (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Nidec Property, Plant and Equipment?

Nidec's quarterly net PPE declined from Mar. 2024 (€5,387 Mil) to Jun. 2024 (€0 Mil) but then increased from Jun. 2024 (€0 Mil) to Sep. 2024 (€5,630 Mil).

Nidec's annual net PPE declined from Mar. 2022 (€5,853 Mil) to Mar. 2023 (€5,840 Mil) and declined from Mar. 2023 (€5,840 Mil) to Mar. 2024 (€5,387 Mil).


Nidec Property, Plant and Equipment Historical Data

The historical data trend for Nidec's Property, Plant and Equipment 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.

* Premium members only.

Nidec Property, Plant and Equipment Chart

Nidec Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,325.77 5,120.87 5,853.33 5,839.95 5,387.19

Nidec Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Property, Plant and Equipment 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 5,698.73 5,644.02 5,387.19 - 5,630.14

Nidec Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Nidec  (FRA:NIB1) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Nidec Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Nidec's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Nidec Business Description

Industry
Address
338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations.

Nidec Headlines

No Headlines