Nitto Seimo Co (TSE:3524) Construction In Progress: 円609 Mil (As of Apr. 2026)

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TSE:3524 Nitto Seimo Co Ltd TSE:3524
60 GF Score
Price 円1,420.00
GF Value 円1,595.19
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Nitto Seimo Co Construction In Progress?

Nitto Seimo Co TSE:3524 +0.14% 60 Construction In Progress is 円609 Mil as of Apr. 2026. GuruFocus rates TSE:3524 with a GF Score™ of 60/100 and a GF Value™ of 円1,595.19 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Nitto Seimo Co's quarterly construction in progress increased from Apr. 2025 (円176 Mil) to Oct. 2025 (円491 Mil) and increased from Oct. 2025 (円491 Mil) to Apr. 2026 (円609 Mil).

Nitto Seimo Co's annual construction in progress increased from Apr. 2024 (円118 Mil) to Apr. 2025 (円176 Mil) and increased from Apr. 2025 (円176 Mil) to Apr. 2026 (円609 Mil).

Nitto Seimo Co Construction In Progress Historical Data

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The historical data trend for Nitto Seimo 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.

Nitto Seimo Co Construction In Progress Chart

Nitto Seimo Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.79 181.47 117.76 176.12 609.13

Nitto Seimo Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 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 117.76 225.61 176.12 490.85 609.13
TSE:3524
60GF Score
Nitto Seimo Co Ltd TSE:3524
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitto Seimo 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609 Mil mean?
Nitto Seimo Co (TSE:3524) has a Construction In Progress of 円609 Mil as of Apr. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nitto Seimo Co and its competitors.
Is Nitto Seimo Co's Construction In Progress too high?
Nitto Seimo Co's current Construction In Progress is 円609 Mil. Overall, Nitto Seimo Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Seimo Co's Construction In Progress compare to competitors?
Nitto Seimo Co's Construction In Progress of 円609 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Construction In Progress depends on the Manufacturing - Apparel & Accessories 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 Nitto Seimo Co and its competitors. Nitto Seimo Co's current Construction In Progress is 円609 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Seimo Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Seimo Co (TSE:3524) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,595.19, compared to a current price of 円1,420.00 — trading 11% below its estimated fair value. The current Construction In Progress is 円609 Mil. Nitto Seimo Co's overall GF Score™ is 60/100 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 Nitto Seimo Co (TSE:3524), the current Construction In Progress is 円609 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 Nitto Seimo Co (TSE:3524) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Seimo Co stock appears to be undervalued. The current stock price of 円1,420.00 is trading 11% below its estimated GF Value™ of 円1,595.19. GuruFocus considers Nitto Seimo Co to be Modestly Undervalued.

Key valuation signals for TSE:3524:

  • Construction In Progress: 円609 Mil
  • GF Value™: 円1,595.19 vs. price of 円1,420.00 (11% below fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the TSE:3524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nitto Seimo Co Business Description

Other Exchanges 3524:Japan
Address 2-20-15 Shimbashi, Minato-ku, Tokyo, JPN
Nitto Seimo Co Ltd is engaged in manufacturing and sales of knotless nets, knotted nets, minnow nets, and ropes for fishery and onshore use and sales of laborsaving machinery and equipment for vessels and fishing operation as well as marine products.
60GF 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1,420.00
Price
円1,595.19
GF Value