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Meiji Holdings Co's quarterly construction in progress
increased
from Dec. 2025 (円76,999 Mil) to Mar. 2026 (円91,306 Mil) but then
declined
from Mar. 2026 (円91,306 Mil) to Jun. 2026 (円87,708 Mil).
Meiji Holdings Co's annual construction in progress
increased
from Mar. 2024 (円32,090 Mil) to Mar. 2025 (円45,807 Mil) and
increased
from Mar. 2025 (円45,807 Mil) to Mar. 2026 (円91,306 Mil).
Meiji Holdings Co Construction In Progress Historical Data
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The historical data trend for Meiji Holdings 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.
Meiji Holdings 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87,708 Mil mean?
Meiji Holdings Co (TSE:2269) has a Construction In Progress of 円87,708 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Meiji Holdings Co and its competitors.
Is Meiji Holdings Co's Construction In Progress too high?
Meiji Holdings Co's current Construction In Progress is 円87,708 Mil. Overall, Meiji Holdings Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Construction In Progress compare to KHC and GIS?
Meiji Holdings Co's Construction In Progress of 円87,708 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 Meiji Holdings Co and its competitors. Meiji Holdings Co's current Construction In Progress is 円87,708 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,798.46, compared to a current price of 円4,248.00 — trading 11.8% above its estimated fair value. The current Construction In Progress is 円87,708 Mil. Meiji Holdings Co's overall GF Score™ is 66/100 with 9 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 Meiji Holdings Co (TSE:2269), the current Construction In Progress is 円87,708 Mil as of Jun. 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be overvalued.
The current stock price of 円4,248.00 is trading 11.8% above its estimated GF Value™ of 円3,798.46.
GuruFocus considers Meiji Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:2269:
Construction In Progress: 円87,708 Mil
GF Value™: 円3,798.46 vs. price of 円4,248.00 (11.8% above fair value)
No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
66GF Score
Get the complete analysis for TSE:2269
Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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