Orix Jreit (TSE:8954) Construction In Progress : 円405 Mil (As of Aug. 2023)

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What is Orix Jreit Construction In Progress?

Orix Jreit's quarterly construction in progress declined from Aug. 2022 (円355 Mil) to Feb. 2023 (円353 Mil) but then increased from Feb. 2023 (円353 Mil) to Aug. 2023 (円405 Mil).

Orix Jreit's annual construction in progress increased from Aug. 2021 (円13 Mil) to Aug. 2022 (円355 Mil) and increased from Aug. 2022 (円355 Mil) to Aug. 2023 (円405 Mil).

Orix Jreit Construction In Progress Historical Data

The historical data trend for Orix Jreit'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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Orix Jreit Construction In Progress Chart

Orix Jreit Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Construction In Progress

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2.00

4.00

13.00

355.00

405.00

Orix Jreit Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Construction In Progress	Get a 7-Day Free Trial															352.00	355.00	353.00	405.00	-

Orix Jreit 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.

Orix Jreit (TSE:8954) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

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Address

4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135

Website

http://www.orixjreit.com

Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

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