TSI Holdings Co (TSE:3608) Construction In Progress: 円9,207 Mil (As of Feb. 2026)


TSE:3608 TSI Holdings Co Ltd TSE:3608
84 GF Score
Price 円1,174.00
GF Value 円1,308.79
Valuation Modestly Undervalued
! 3 Warning Signs
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What is TSI Holdings Co Construction In Progress?

TSI Holdings Co TSE:3608 +1.65% 84 Construction In Progress is 円9,207 Mil as of Feb. 2026. GuruFocus rates TSE:3608 with a GF Score™ of 84/100 and a GF Value™ of 円1,308.79 (Modestly Undervalued). The stock has 3 warning signs investors should review.

TSI Holdings Co's quarterly construction in progress stayed the same from Aug. 2025 (円0 Mil) to Nov. 2025 (円0 Mil) but then increased from Nov. 2025 (円0 Mil) to Feb. 2026 (円9,207 Mil).

TSI Holdings Co's annual construction in progress declined from Feb. 2024 (円9,111 Mil) to Feb. 2025 (円8,786 Mil) but then increased from Feb. 2025 (円8,786 Mil) to Feb. 2026 (円9,207 Mil).


TSI Holdings Co Construction In Progress Historical Data

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The historical data trend for TSI Holdings 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.

TSI Holdings Co Construction In Progress Chart

TSI Holdings Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,742.00 9,168.00 9,111.00 8,786.00 9,207.00

TSI Holdings Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 8,786.00 0.00 0.00 0.00 9,207.00
TSE:3608
84GF Score
TSI Holdings Co Ltd TSE:3608
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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TSI Holdings 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9,207 Mil mean?
TSI Holdings Co (TSE:3608) has a Construction In Progress of 円9,207 Mil as of Feb. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on TSI Holdings Co and its competitors.
Is TSI Holdings Co's Construction In Progress too high?
TSI Holdings Co's current Construction In Progress is 円9,207 Mil. Overall, TSI Holdings Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSI Holdings Co's Construction In Progress compare to RL and LEVI?
TSI Holdings Co's Construction In Progress of 円9,207 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 TSI Holdings Co and its competitors. TSI Holdings Co's current Construction In Progress is 円9,207 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSI Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, TSI Holdings Co (TSE:3608) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,308.79, compared to a current price of 円1,174.00 — trading 10.3% below its estimated fair value. The current Construction In Progress is 円9,207 Mil. TSI Holdings Co's overall GF Score™ is 84/100 with 3 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 TSI Holdings Co (TSE:3608), the current Construction In Progress is 円9,207 Mil as of Feb. 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 TSI Holdings Co (TSE:3608) Overvalued in 2026?

Based on GuruFocus' analysis, TSI Holdings Co stock appears to be undervalued. The current stock price of 円1,174.00 is trading 10.3% below its estimated GF Value™ of 円1,308.79. GuruFocus considers TSI Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3608:

  • Construction In Progress: 円9,207 Mil
  • GF Value™: 円1,308.79 vs. price of 円1,174.00 (10.3% below fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the TSE:3608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSI Holdings Co Business Description

Address 8-5-27 Akasaka, Minato-ku, Tokyo, JPN
TSI Holdings Co Ltd is an apparel manufacturer that owns and licenses dozens of brands that it sells through department stores, other retail stores and shopping centers, and e-commerce channels. The majority of the company's sales are in Japan, with the remainder coming from China and other parts of Asia. TSI's highest-selling brands, which collectively account for more than half of the company's total revenue, include nano, Natural Beauty Basic, Margaret Howell, Pearly Gates, Rose Bud, Stussy, Proportion Body Dressing, Free's Mart, Human Woman, and Callaway Apparel.
84GF 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1,174.00
Price
円1,308.79
GF Value