Seiko Group (TSE:8050) Construction In Progress : 円3,226 Mil (As of Dec. 2023)

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What is Seiko Group Construction In Progress?

Seiko Group's quarterly construction in progress increased from Jun. 2023 (円2,238 Mil) to Sep. 2023 (円2,762 Mil) and increased from Sep. 2023 (円2,762 Mil) to Dec. 2023 (円3,226 Mil).

Seiko Group's annual construction in progress increased from Mar. 2022 (円1,942 Mil) to Mar. 2023 (円2,867 Mil) but then declined from Mar. 2023 (円2,867 Mil) to Mar. 2024 (円1,553 Mil).

Seiko Group Construction In Progress Historical Data

The historical data trend for Seiko Group'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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Seiko Group Construction In Progress Chart

Seiko Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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2,434.00

2,422.00

1,942.00

2,867.00

1,553.00

Seiko Group 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															2,867.00	2,238.00	2,762.00	3,226.00	1,553.00

Seiko Group 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.

Seiko Group (TSE:8050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Seiko Group Corp (TSE:8050) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-10, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8505

Website

https://www.seiko.co.jp

Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.

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