Morinaga Milk Industry Co (TSE:2264) Construction In Progress: 円26,267 Mil (As of Mar. 2026)


TSE:2264 Morinaga Milk Industry Co Ltd TSE:2264
64 GF Score
Price 円1,267.50
GF Value 円3,540.17
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Morinaga Milk Industry Co Construction In Progress?

Morinaga Milk Industry Co TSE:2264 +0.88% 64 Construction In Progress is 円26,267 Mil as of Mar. 2026. GuruFocus rates TSE:2264 with a GF Score™ of 64/100 and a GF Value™ of 円3,540.17 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Morinaga Milk Industry Co's quarterly construction in progress stayed the same from Sep. 2025 (円0 Mil) to Dec. 2025 (円0 Mil) but then increased from Dec. 2025 (円0 Mil) to Mar. 2026 (円26,267 Mil).

Morinaga Milk Industry Co's annual construction in progress increased from Mar. 2024 (円28,305 Mil) to Mar. 2025 (円41,798 Mil) but then declined from Mar. 2025 (円41,798 Mil) to Mar. 2026 (円26,267 Mil).

Morinaga Milk Industry Co Construction In Progress Historical Data

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The historical data trend for Morinaga Milk Industry 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.

Morinaga Milk Industry Co Construction In Progress Chart

Morinaga Milk Industry 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 10,335.00 10,091.00 28,305.00 41,798.00 26,267.00

Morinaga Milk Industry 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 41,798.00 0.00 0.00 0.00 26,267.00
TSE:2264
64GF Score
Morinaga Milk Industry Co Ltd TSE:2264
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Morinaga Milk Industry 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 円26,267 Mil mean?
Morinaga Milk Industry Co (TSE:2264) has a Construction In Progress of 円26,267 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Morinaga Milk Industry Co and its competitors.
Is Morinaga Milk Industry Co's Construction In Progress too high?
Morinaga Milk Industry Co's current Construction In Progress is 円26,267 Mil. Overall, Morinaga Milk Industry Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's Construction In Progress compare to KHC and GIS?
Morinaga Milk Industry Co's Construction In Progress of 円26,267 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Construction In Progress depends on the Consumer Packaged Goods 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 Morinaga Milk Industry Co and its competitors. Morinaga Milk Industry Co's current Construction In Progress is 円26,267 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,540.17, compared to a current price of 円1,267.50 — trading 64.2% below its estimated fair value. The current Construction In Progress is 円26,267 Mil. Morinaga Milk Industry Co's overall GF Score™ is 64/100 with 5 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 Morinaga Milk Industry Co (TSE:2264), the current Construction In Progress is 円26,267 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 Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?

Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be undervalued. The current stock price of 円1,267.50 is trading 64.2% below its estimated GF Value™ of 円3,540.17. GuruFocus considers Morinaga Milk Industry Co to be Significantly Undervalued.

Key valuation signals for TSE:2264:

  • Construction In Progress: 円26,267 Mil
  • GF Value™: 円3,540.17 vs. price of 円1,267.50 (64.2% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Morinaga Milk Industry Co Business Description

Other Exchanges MO8:Germany
Address 33-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8384
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
64GF Score

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

円1,267.50
Price
円3,540.17
GF Value