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Sankei Real Estate (TSE:2972) Construction In Progress : 円6 Mil (As of Aug. 2023)


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What is Sankei Real Estate Construction In Progress?

Sankei Real Estate's quarterly construction in progress declined from Aug. 2022 (円57 Mil) to Feb. 2023 (円1 Mil) but then increased from Feb. 2023 (円1 Mil) to Aug. 2023 (円6 Mil).

Sankei Real Estate's annual construction in progress declined from Aug. 2021 (円281 Mil) to Aug. 2022 (円57 Mil) and declined from Aug. 2022 (円57 Mil) to Aug. 2023 (円6 Mil).

Sankei Real Estate Construction In Progress Historical Data

The historical data trend for Sankei Real Estate'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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Sankei Real Estate Construction In Progress Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Construction In Progress
25.90 0.33 281.34 56.72 5.89

Sankei Real Estate Semi-Annual Data
Apr19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.67 56.72 0.95 5.89 -

Sankei Real Estate 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.

Sankei Real Estate (TSE:2972) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sankei Real Estate Inc (TSE:2972) » Definitions » Construction In Progress
Comparable Companies
TSE:3290 TSE:8958 TSE:8975 TSE:8987 ARE BXP XPAR:GFC TSE:8951 TSE:8952 ASX:DXS VNO BOM:542602 KRC TSE:8954 XPAR:FLY XMAD:COL CUZ CDP LSE:DLN ESBA
Traded in Other Exchanges
N/A
Address
1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Website
https://www.s-reit.co.jp
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

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