Kinden (TSE:1944) Construction In Progress: 円19,709 Mil (As of Mar. 2026)

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TSE:1944 Kinden Corp TSE:1944
83 GF Score
Price 円7,553.00
GF Value 円3,718.44
Valuation Significantly Overvalued
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What is Kinden Construction In Progress?

Kinden TSE:1944 +2.43% 83 Construction In Progress is 円19,709 Mil as of Mar. 2026. GuruFocus rates TSE:1944 with a GF Score™ of 83/100 and a GF Value™ of 円3,718.44 (Significantly Overvalued).

Kinden's quarterly construction in progress increased from Sep. 2025 (円75,572 Mil) to Dec. 2025 (円85,893 Mil) but then declined from Dec. 2025 (円85,893 Mil) to Mar. 2026 (円19,709 Mil).

Kinden's annual construction in progress increased from Mar. 2024 (円44,090 Mil) to Mar. 2025 (円46,516 Mil) but then declined from Mar. 2025 (円46,516 Mil) to Mar. 2026 (円19,709 Mil).

Kinden Construction In Progress Historical Data

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The historical data trend for Kinden'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.

Kinden Construction In Progress Chart

Kinden 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 1,387.00 24,348.00 44,090.00 46,516.00 19,709.00

Kinden 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 46,516.00 45,881.00 75,572.00 85,893.00 19,709.00
TSE:1944
83GF Score
Kinden Corp TSE:1944
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinden 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 円19,709 Mil mean?
Kinden (TSE:1944) has a Construction In Progress of 円19,709 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Kinden and its competitors.
Is Kinden's Construction In Progress too high?
Kinden's current Construction In Progress is 円19,709 Mil. Overall, Kinden has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinden's Construction In Progress compare to PWR and FIX?
Kinden's Construction In Progress of 円19,709 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Kinden and its competitors. Kinden's current Construction In Progress is 円19,709 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinden stock overvalued right now?
Based on GuruFocus' analysis, Kinden (TSE:1944) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,718.44, compared to a current price of 円7,553.00 — trading 103.1% above its estimated fair value. The current Construction In Progress is 円19,709 Mil. Kinden's overall GF Score™ is 83/100. 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 Kinden (TSE:1944), the current Construction In Progress is 円19,709 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 Kinden (TSE:1944) Overvalued in 2026?

Based on GuruFocus' analysis, Kinden stock appears to be overvalued. The current stock price of 円7,553.00 is trading 103.1% above its estimated GF Value™ of 円3,718.44. GuruFocus considers Kinden to be Significantly Overvalued.

Key valuation signals for TSE:1944:

  • Construction In Progress: 円19,709 Mil
  • GF Value™: 円3,718.44 vs. price of 円7,553.00 (103.1% above fair value)
  • GF Score™: 83/100

No single metric tells the full story. See the TSE:1944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kinden Business Description

Other Exchanges 109:Germany
Address 2-3-41 Honjo Higashi, Kita-ku, Osaka, JPN, 102-8628
Kinden Corp is a Japanese industrial company specializing in facility construction and the electrical construction business. Its operations cover a wide range of activities, including power distribution, electrical installations for buildings and factories, power transmission line projects, and substation-related work. The company offers alternative-energy power generation and fuel cell systems, facility and factory automation and security systems, air conditioning and water supply solutions, warehouse and medical facility communication systems, and sanitation and electrical system diagnosis solutions.
83GF Score

Get the complete analysis for TSE:1944

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

円7,553.00
Price
円3,718.44
GF Value