Nichias (TSE:5393) Construction In Progress : 円6,611 Mil (As of Mar. 2024)

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What is Nichias Construction In Progress?

Nichias's quarterly construction in progress increased from Sep. 2023 (円6,443 Mil) to Dec. 2023 (円6,789 Mil) but then declined from Dec. 2023 (円6,789 Mil) to Mar. 2024 (円6,611 Mil).

Nichias's annual construction in progress declined from Mar. 2022 (円4,983 Mil) to Mar. 2023 (円4,008 Mil) but then increased from Mar. 2023 (円4,008 Mil) to Mar. 2024 (円6,611 Mil).

Nichias Construction In Progress Historical Data

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

Nichias Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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3,427.00

4,885.00

4,983.00

4,008.00

6,611.00

Nichias 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															4,008.00	5,611.00	6,443.00	6,789.00	6,611.00

Nichias 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.

Nichias (TSE:5393) Business Description

Industry

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NICFF:USA

Address

6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555

Website

http://www.nichias.co.jp

Nichias Corp is engaged in five businesses, each contributing between roughly 10% and 30% of the company's total revenue. Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs. Industrial Products provides a wide range of products to the infrastructure industry. Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers. Building Materials supplies and installs fireproof building materials for residences and buildings. Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries. Nearly all the company's sales are in Asia, with more than 80% from Japan.

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