Japan Excellent (TSE:8987) Accounts Payable: 円1,731 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8987 Japan Excellent Inc TSE:8987
68 GF Score
Price 円142,800.00
GF Value 円128,695.04
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Japan Excellent Accounts Payable?

Japan Excellent TSE:8987 +0.49% 68 Accounts Payable is 円1,731 Mil as of Dec. 2025. GuruFocus rates TSE:8987 with a GF Score™ of 68/100 and a GF Value™ of 円128,695.04 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Japan Excellent's Accounts Payable for the quarter that ended in Dec. 2025 was 円1,731 Mil.

Japan Excellent's quarterly Accounts Payable declined from Dec. 2024 (円1,334 Mil) to Jun. 2025 (円1,095 Mil) but then increased from Jun. 2025 (円1,095 Mil) to Dec. 2025 (円1,731 Mil).

Japan Excellent's annual Accounts Payable increased from Dec. 2023 (円1,262 Mil) to Dec. 2024 (円1,334 Mil) and increased from Dec. 2024 (円1,334 Mil) to Dec. 2025 (円1,731 Mil).


Japan Excellent Accounts Payable Related Terms


Japan Excellent Accounts Payable Historical Data

* Premium members only.

The historical data trend for Japan Excellent's Accounts Payable 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.

Japan Excellent Accounts Payable Chart

Japan Excellent Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,592.91 1,356.84 1,261.69 1,334.33 1,730.70

Japan Excellent Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Payable 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 1,261.69 1,065.66 1,334.33 1,094.56 1,730.70
TSE:8987
68GF Score
Japan Excellent Inc TSE:8987
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Excellent Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of 円1,731 Mil mean?
Japan Excellent (TSE:8987) has a Accounts Payable of 円1,731 Mil as of Dec. 2025. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Japan Excellent and its competitors.
Is Japan Excellent's Accounts Payable too high?
Japan Excellent's current Accounts Payable is 円1,731 Mil. Overall, Japan Excellent has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Excellent's Accounts Payable compare to BXP and ARE?
Japan Excellent's Accounts Payable of 円1,731 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a REITs company?
A good Accounts Payable depends on the REITs industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Japan Excellent and its competitors. Japan Excellent's current Accounts Payable is 円1,731 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Excellent stock overvalued right now?
Based on GuruFocus' analysis, Japan Excellent (TSE:8987) is currently considered Modestly Overvalued. The stock's GF Value™ is 円128,695.04, compared to a current price of 円142,800.00 — trading 11% above its estimated fair value. The current Accounts Payable is 円1,731 Mil. Japan Excellent's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Japan Excellent (TSE:8987), the current Accounts Payable is 円1,731 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Japan Excellent (TSE:8987) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Excellent stock appears to be overvalued. The current stock price of 円142,800.00 is trading 11% above its estimated GF Value™ of 円128,695.04. GuruFocus considers Japan Excellent to be Modestly Overvalued.

Key valuation signals for TSE:8987:

  • Accounts Payable: 円1,731 Mil
  • GF Value™: 円128,695.04 vs. price of 円142,800.00 (11% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the TSE:8987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Excellent Business Description

Industry Real EstateREITs
Other Exchanges 81L:Germany
Address 1-9-20 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.
68GF Score

Get the complete analysis for TSE:8987

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円142,800.00
Price
円128,695.04
GF Value