Hodl1 (TSE:2345) Construction In Progress: 円0.00 Mil (As of Apr. 2026)

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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.
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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:2345 Hodl1 Inc TSE:2345
35 GF Score
Price 円103.00
GF Value 円11.87
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hodl1 Construction In Progress?

Hodl1 TSE:2345 -0.96% 35 Construction In Progress is 円0.00 Mil as of Apr. 2026. GuruFocus rates TSE:2345 with a GF Score™ of 35/100 and a GF Value™ of 円11.87 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Hodl1 Construction In Progress Historical Data

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The historical data trend for Hodl1'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.

Hodl1 Construction In Progress Chart

Hodl1 Annual Data
Trend Mar16 Dec17 Dec18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Construction In Progress
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Hodl1 Semi-Annual Data
Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 0.00 0.00 0.00 0.00
TSE:2345
35GF Score
Hodl1 Inc TSE:2345
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hodl1 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0.00 Mil mean?
Hodl1 (TSE:2345) has a Construction In Progress of 円0.00 Mil as of Apr. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hodl1 and its competitors.
Is Hodl1's Construction In Progress too high?
Hodl1's current Construction In Progress is 円0.00 Mil. Overall, Hodl1 has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hodl1's Construction In Progress compare to UBER and SHOP?
Hodl1's Construction In Progress of 円0.00 Mil can be compared against companies in the Software 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 Software company?
A good Construction In Progress depends on the Software 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 Hodl1 and its competitors. Hodl1's current Construction In Progress is 円0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hodl1 stock overvalued right now?
Based on GuruFocus' analysis, Hodl1 (TSE:2345) is currently considered Significantly Overvalued. The stock's GF Value™ is 円11.87, compared to a current price of 円103.00 — trading 767.7% above its estimated fair value. The current Construction In Progress is 円0.00 Mil. Hodl1's overall GF Score™ is 35/100 with 7 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 Hodl1 (TSE:2345), the current Construction In Progress is 円0.00 Mil as of Apr. 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 Hodl1 (TSE:2345) Overvalued in 2026?

Based on GuruFocus' analysis, Hodl1 stock appears to be overvalued. The current stock price of 円103.00 is trading 767.7% above its estimated GF Value™ of 円11.87. GuruFocus considers Hodl1 to be Significantly Overvalued.

Key valuation signals for TSE:2345:

  • Construction In Progress: 円0.00 Mil
  • GF Value™: 円11.87 vs. price of 円103.00 (767.7% above fair value)
  • GF Score™: 35/100 with 7 warning signs

No single metric tells the full story. See the TSE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hodl1 Business Description

Address 2-12-1 Minamiaoyama, Miyakoya Building, Minato-ku, Tokyo, JPN, 107-0062
Hodl1 Inc, formerly Kushim Inc is engaged in the development and sales of LMS (learning management system) and e-learning content. It is developing collaboration for blockchain technology.
35GF Score

Get the complete analysis for TSE:2345

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

円103.00
Price
円11.87
GF Value