J-Holdings (TSE:2721) Construction In Progress: 円36.3 Mil (As of Dec. 2025)

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TSE:2721 J-Holdings Corp TSE:2721
43 GF Score
Price 円129.00
GF Value 円187.44
Valuation Possible Value Trap
! 5 Warning Signs
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What is J-Holdings Construction In Progress?

J-Holdings TSE:2721 +0.78% 43 Construction In Progress is 円36.3 Mil as of Dec. 2025. GuruFocus rates TSE:2721 with a GF Score™ of 43/100 and a GF Value™ of 円187.44 (Possible Value Trap). The stock has 5 warning signs investors should review.

J-Holdings's quarterly construction in progress declined from Jun. 2025 (円176.3 Mil) to Sep. 2025 (円165.6 Mil) and declined from Sep. 2025 (円165.6 Mil) to Dec. 2025 (円36.3 Mil).

J-Holdings's annual construction in progress increased from Dec. 2023 (円16.2 Mil) to Dec. 2024 (円36.4 Mil) but then declined from Dec. 2024 (円36.4 Mil) to Dec. 2025 (円36.3 Mil).

J-Holdings Construction In Progress Historical Data

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The historical data trend for J-Holdings'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.

J-Holdings Construction In Progress Chart

J-Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.24 16.84 16.21 36.42 36.34

J-Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 45.89 176.27 165.59 36.34 36.32
TSE:2721
43GF Score
J-Holdings Corp TSE:2721
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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J-Holdings 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36.3 Mil mean?
J-Holdings (TSE:2721) has a Construction In Progress of 円36.3 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on J-Holdings and its competitors.
Is J-Holdings' Construction In Progress too high?
J-Holdings' current Construction In Progress is 円36.3 Mil. Overall, J-Holdings has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does J-Holdings' Construction In Progress compare to CBRE and BEKE?
J-Holdings' Construction In Progress of 円36.3 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Construction In Progress depends on the Real Estate 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 J-Holdings and its competitors. J-Holdings's current Construction In Progress is 円36.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Holdings stock overvalued right now?
Based on GuruFocus' analysis, J-Holdings (TSE:2721) is currently considered Possible Value Trap. The stock's GF Value™ is 円187.44, compared to a current price of 円129.00 — trading 31.2% below its estimated fair value. The current Construction In Progress is 円36.3 Mil. J-Holdings' overall GF Score™ is 43/100 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 J-Holdings (TSE:2721), the current Construction In Progress is 円36.3 Mil as of Dec. 2025. 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 J-Holdings (TSE:2721) Overvalued in 2026?

Based on GuruFocus' analysis, J-Holdings stock appears to be undervalued. The current stock price of 円129.00 is trading 31.2% below its estimated GF Value™ of 円187.44. GuruFocus considers J-Holdings to be Possible Value Trap.

Key valuation signals for TSE:2721:

  • Construction In Progress: 円36.3 Mil
  • GF Value™: 円187.44 vs. price of 円129.00 (31.2% below fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the TSE:2721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

J-Holdings Business Description

Address 1-7-11 Azabu-Juban, 7th Floor, Azabu Inoue Building, Minato-ku, Tokyo, JPN, 106-0045
J-Holdings Corp is the holding company through its subsidiary, the group engages in the Sports business, Real estate business, Web business, Solar power business, and Environmental solutions business.
43GF Score

Get the complete analysis for TSE:2721

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

円129.00
Price
円187.44
GF Value