NHKGF (NHK Spring Co) Construction In Progress: $180 Mil (As of Mar. 2026)


NHKGF NHK Spring Co Ltd NHKGF
78 GF Score
Price $24.51
GF Value $11.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NHK Spring Co Construction In Progress?

NHK Spring Co NHKGF 78 Construction In Progress is $180 Mil as of Mar. 2026. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 6 warning signs investors should review.

NHK Spring Co's quarterly construction in progress declined from Sep. 2025 ($173 Mil) to Dec. 2025 ($167 Mil) but then increased from Dec. 2025 ($167 Mil) to Mar. 2026 ($180 Mil).

NHK Spring Co's annual construction in progress increased from Mar. 2024 ($107 Mil) to Mar. 2025 ($168 Mil) and increased from Mar. 2025 ($168 Mil) to Mar. 2026 ($180 Mil).

NHK Spring Co Construction In Progress Historical Data

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The historical data trend for NHK Spring Co'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.

NHK Spring Co Construction In Progress Chart

NHK Spring Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.65 107.09 106.70 168.31 180.30

NHK Spring Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 168.31 153.46 172.90 166.88 180.30
NHKGF
78GF Score
NHK Spring Co Ltd NHKGF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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NHK Spring Co 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.

What does a Construction In Progress of $180 Mil mean?
NHK Spring Co (NHKGF) has a Construction In Progress of $180 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on NHK Spring Co and its competitors.
Is NHK Spring Co's Construction In Progress too high?
NHK Spring Co's current Construction In Progress is $180 Mil. Overall, NHK Spring Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Construction In Progress compare to ORLY and AZO?
NHK Spring Co's Construction In Progress of $180 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on NHK Spring Co and its competitors. NHK Spring Co's current Construction In Progress is $180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $24.51 — trading 116.9% above its estimated fair value. The current Construction In Progress is $180 Mil. NHK Spring Co's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For NHK Spring Co (NHKGF), the current Construction In Progress is $180 Mil as of Mar. 2026. 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 NHK Spring Co (NHKGF) Overvalued in 2026?

Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued. The current stock price of $24.51 is trading 116.9% above its estimated GF Value™ of $11.30. GuruFocus considers NHK Spring Co to be Significantly Overvalued.

Key valuation signals for NHKGF:

  • Construction In Progress: $180 Mil
  • GF Value™: $11.30 vs. price of $24.51 (116.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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

NHK Spring Co Business Description

Other Exchanges 5991:Japan
Address 3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score

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

$24.51
Price
$11.30
GF Value