Nippon Prologis REIT (TSE:3283) Construction In Progress: 円376 Mil (As of Nov. 2025)


TSE:3283 Nippon Prologis REIT Inc TSE:3283
71 GF Score
Price 円87,700.00
GF Value 円93,127.19
Valuation Fairly Valued
! 7 Warning Signs
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What is Nippon Prologis REIT Construction In Progress?

Nippon Prologis REIT TSE:3283 +0.11% 71 Construction In Progress is 円376 Mil as of Nov. 2025. GuruFocus rates TSE:3283 with a GF Score™ of 71/100 and a GF Value™ of 円93,127.19 (Fairly Valued). The stock has 7 warning signs investors should review.

Nippon Prologis REIT's quarterly construction in progress increased from Nov. 2024 (円15 Mil) to May. 2025 (円167 Mil) and increased from May. 2025 (円167 Mil) to Nov. 2025 (円376 Mil).

Nippon Prologis REIT's annual construction in progress declined from Nov. 2023 (円32 Mil) to Nov. 2024 (円15 Mil) but then increased from Nov. 2024 (円15 Mil) to Nov. 2025 (円376 Mil).

Nippon Prologis REIT Construction In Progress Historical Data

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The historical data trend for Nippon Prologis REIT'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.

Nippon Prologis REIT Construction In Progress Chart

Nippon Prologis REIT Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov23 Nov24 Nov25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 787.21 32.32 14.99 376.19

Nippon Prologis REIT Semi-Annual Data
Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 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 32.32 140.38 14.99 167.30 376.19
TSE:3283
71GF Score
Nippon Prologis REIT Inc TSE:3283
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Prologis REIT 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376 Mil mean?
Nippon Prologis REIT (TSE:3283) has a Construction In Progress of 円376 Mil as of Nov. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Nippon Prologis REIT and its competitors.
Is Nippon Prologis REIT's Construction In Progress too high?
Nippon Prologis REIT's current Construction In Progress is 円376 Mil. Overall, Nippon Prologis REIT has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Prologis REIT's Construction In Progress compare to PLD and PSA?
Nippon Prologis REIT's Construction In Progress of 円376 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 Nippon Prologis REIT and its competitors. Nippon Prologis REIT's current Construction In Progress is 円376 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Prologis REIT stock overvalued right now?
Based on GuruFocus' analysis, Nippon Prologis REIT (TSE:3283) is currently considered Fairly Valued. The stock's GF Value™ is 円93,127.19, compared to a current price of 円87,700.00 — trading 5.8% below its estimated fair value. The current Construction In Progress is 円376 Mil. Nippon Prologis REIT's overall GF Score™ is 71/100 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 Nippon Prologis REIT (TSE:3283), the current Construction In Progress is 円376 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 Nippon Prologis REIT (TSE:3283) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Prologis REIT stock appears to be undervalued. The current stock price of 円87,700.00 is trading 5.8% below its estimated GF Value™ of 円93,127.19. GuruFocus considers Nippon Prologis REIT to be Fairly Valued.

Key valuation signals for TSE:3283:

  • Construction In Progress: 円376 Mil
  • GF Value™: 円93,127.19 vs. price of 円87,700.00 (5.8% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the TSE:3283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Prologis REIT Business Description

Industry Real EstateREITs
Other Exchanges NPONF:USA
Address 7-3, Marunouchi 2-chome, Tokyo Building 22nd Floor, Chiyoda-ku, Tokyo, JPN, 100-6422
Nippon Prologis REIT Inc is focused on logistics facilities in Japan. Its investment objective is to maximize unit holder value through a portfolio that generates stable income and achieves steady growth. It invests in high quality Class-A logistics facilities, owning and operating them for medium- to long-term purposes.
71GF 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87,700.00
Price
円93,127.19
GF Value