Mitsui Fudosan Co (Mitsui Fudosan Co) Construction In Progress : $2,046 Mil (As of Dec. 2023)

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What is Mitsui Fudosan Co Construction In Progress?

Mitsui Fudosan Co's quarterly construction in progress declined from Jun. 2023 ($2,054 Mil) to Sep. 2023 ($1,903 Mil) but then increased from Sep. 2023 ($1,903 Mil) to Dec. 2023 ($2,046 Mil).

Mitsui Fudosan Co's annual construction in progress declined from Mar. 2022 ($3,570 Mil) to Mar. 2023 ($2,058 Mil) but then increased from Mar. 2023 ($2,058 Mil) to Mar. 2024 ($2,079 Mil).

Mitsui Fudosan Co Construction In Progress Historical Data

The historical data trend for Mitsui Fudosan 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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Mitsui Fudosan Co Construction In Progress Chart

Mitsui Fudosan Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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2,998.55

3,774.91

3,570.44

2,057.93

2,079.05

Mitsui Fudosan 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															2,057.93	2,054.29	1,902.95	2,045.65	2,079.05

Mitsui Fudosan 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.

Mitsui Fudosan Co (Mitsui Fudosan Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsui Fudosan Co Ltd (OTCPK:MTSFY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MTSFF:USA 8801:Japan MFU:Germany

Address

1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022

Website

http://www.mitsuifudosan.co.jp

Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (Mitsui Fudosan Co) Headlines

From GuruFocus

Baron Funds Comments on Mitsui Fudosan

By Holly LaFon • 05-29-2014