Activia Properties (TSE:3279) Construction In Progress: 円29 Mil (As of Nov. 2025)

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TSE:3279 Activia Properties Inc TSE:3279
69 GF Score
Price 円136,700.00
GF Value 円132,830.10
Valuation Fairly Valued
! 10 Warning Signs
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What is Activia Properties Construction In Progress?

Activia Properties TSE:3279 -0.15% 69 Construction In Progress is 円29 Mil as of Nov. 2025. GuruFocus rates TSE:3279 with a GF Score™ of 69/100 and a GF Value™ of 円132,830.10 (Fairly Valued). The stock has 10 warning signs investors should review.

Activia Properties's quarterly construction in progress increased from Nov. 2024 (円17 Mil) to May. 2025 (円29 Mil) but then stayed the same from May. 2025 (円29 Mil) to Nov. 2025 (円29 Mil).

Activia Properties's annual construction in progress declined from Nov. 2023 (円36 Mil) to Nov. 2024 (円17 Mil) but then increased from Nov. 2024 (円17 Mil) to Nov. 2025 (円29 Mil).

Activia Properties Construction In Progress Historical Data

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The historical data trend for Activia Properties'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.

Activia Properties Construction In Progress Chart

Activia Properties Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.06 47.27 35.82 17.06 29.04

Activia Properties Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 35.82 26.18 17.06 29.04 29.04
TSE:3279
69GF Score
Activia Properties Inc TSE:3279
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Activia Properties 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29 Mil mean?
Activia Properties (TSE:3279) has a Construction In Progress of 円29 Mil as of Nov. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Activia Properties and its competitors.
Is Activia Properties' Construction In Progress too high?
Activia Properties' current Construction In Progress is 円29 Mil. Overall, Activia Properties has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Activia Properties' Construction In Progress compare to VICI and WPC?
Activia Properties' Construction In Progress of 円29 Mil can be compared against companies in the REITs 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 REITs company?
A good Construction In Progress depends on the REITs 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 Activia Properties and its competitors. Activia Properties's current Construction In Progress is 円29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activia Properties stock overvalued right now?
Based on GuruFocus' analysis, Activia Properties (TSE:3279) is currently considered Fairly Valued. The stock's GF Value™ is 円132,830.10, compared to a current price of 円136,700.00 — trading 2.9% above its estimated fair value. The current Construction In Progress is 円29 Mil. Activia Properties' overall GF Score™ is 69/100 with 10 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 Activia Properties (TSE:3279), the current Construction In Progress is 円29 Mil as of Nov. 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 Activia Properties (TSE:3279) Overvalued in 2026?

Based on GuruFocus' analysis, Activia Properties stock appears to be overvalued. The current stock price of 円136,700.00 is trading 2.9% above its estimated GF Value™ of 円132,830.10. GuruFocus considers Activia Properties to be Fairly Valued.

Key valuation signals for TSE:3279:

  • Construction In Progress: 円29 Mil
  • GF Value™: 円132,830.10 vs. price of 円136,700.00 (2.9% above fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the TSE:3279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Activia Properties Business Description

Industry Real EstateREITs
Other Exchanges 7ZY:Germany
Address 21-1 Dogenzaka 1-chome, Shibuya Solasta 18th Floor, Shibuya-ku, Tokyo, JPN, 150-0043
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. The majority of these properties are either urban retail units near train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.
69GF Score

Get the complete analysis for TSE:3279

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

円136,700.00
Price
円132,830.10
GF Value