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Tama Home Co (TSE:1419) Property, Plant and Equipment : 円18,814 Mil (As of May. 2024)


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What is Tama Home Co Property, Plant and Equipment?

Tama Home Co's quarterly net PPE increased from Nov. 2023 (円18,786 Mil) to Feb. 2024 (円19,232 Mil) but then declined from Feb. 2024 (円19,232 Mil) to May. 2024 (円18,814 Mil).

Tama Home Co's annual net PPE increased from May. 2022 (円18,867 Mil) to May. 2023 (円19,153 Mil) but then declined from May. 2023 (円19,153 Mil) to May. 2024 (円18,814 Mil).


Tama Home Co Property, Plant and Equipment Historical Data

The historical data trend for Tama Home Co'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.

Tama Home Co Property, Plant and Equipment Chart

Tama Home Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,434.00 18,732.00 18,867.00 19,153.00 18,814.00

Tama Home Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 18,896.00 18,786.00 19,232.00 18,814.00 -

Tama Home Co 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.


Tama Home Co  (TSE:1419) 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.


Tama Home Co Property, Plant and Equipment Related Terms

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Tama Home Co Business Description

Traded in Other Exchanges
N/A
Address
3-22-9 Takanawa, Minato-ku, Tokyo, JPN, 108-0074
Tama Home Co Ltd is engaged in construction, architectural design, real estate, and insurance agency. It operates through the segments namely Housing Segment, Real Estate Segment, Financial Segment and Other Business Segment. It is involved in construction contractor for custom-built homes, multi-unit homes, the sale of residential lots, development and sale of condominiums and subleasing of office buildings. In addition, it also includes insurance agency services for fire, earthquake, additional policies and agency services, the sale of home furniture and interior construction work, construction contractor for retail facilities and others. It is also involved in the energy and restaurant business. The company generates the majority of its revenue from the Housing segment.

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