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Nitta (TSE:5186) Construction In Progress : 円391 Mil (As of Dec. 2023)


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What is Nitta Construction In Progress?

Nitta's quarterly construction in progress increased from Jun. 2023 (円491 Mil) to Sep. 2023 (円550 Mil) but then declined from Sep. 2023 (円550 Mil) to Dec. 2023 (円391 Mil).

Nitta's annual construction in progress increased from Mar. 2022 (円562 Mil) to Mar. 2023 (円1,158 Mil) but then declined from Mar. 2023 (円1,158 Mil) to Mar. 2024 (円737 Mil).


Nitta Construction In Progress Historical Data

The historical data trend for Nitta'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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Nitta Construction In Progress Chart

Nitta 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 641.00 487.00 562.00 1,158.00 737.00

Nitta 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 1,158.00 491.00 550.00 391.00 737.00

Nitta 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.


Nitta (TSE:5186) Business Description

Traded in Other Exchanges
N/A
Address
4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.

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