Billing System (TSE:3623) Construction In Progress: 円0 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3623 Billing System Corp TSE:3623
69 GF Score
Price 円1,024.00
GF Value 円1,338.16
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Billing System Construction In Progress?

Billing System TSE:3623 -0.87% 69 Construction In Progress is 円0 Mil as of Dec. 2025. GuruFocus rates TSE:3623 with a GF Score™ of 69/100 and a GF Value™ of 円1,338.16 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Billing System Construction In Progress Historical Data

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The historical data trend for Billing System'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.

Billing System Construction In Progress Chart

Billing System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
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Billing System Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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TSE:3623
69GF Score
Billing System Corp TSE:3623
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Billing System 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0 Mil mean?
Billing System (TSE:3623) has a Construction In Progress of 円0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Billing System and its competitors.
Is Billing System's Construction In Progress too high?
Billing System's current Construction In Progress is 円0 Mil. Overall, Billing System has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Billing System's Construction In Progress compare to MSFT and ORCL?
Billing System's Construction In Progress of 円0 Mil can be compared against companies in the Software 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 Software company?
A good Construction In Progress depends on the Software 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 Billing System and its competitors. Billing System's current Construction In Progress is 円0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing System stock overvalued right now?
Based on GuruFocus' analysis, Billing System (TSE:3623) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,338.16, compared to a current price of 円1,024.00 — trading 23.5% below its estimated fair value. The current Construction In Progress is 円0 Mil. Billing System's overall GF Score™ is 69/100 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 Billing System (TSE:3623), the current Construction In Progress is 円0 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 Billing System (TSE:3623) Overvalued in 2026?

Based on GuruFocus' analysis, Billing System stock appears to be undervalued. The current stock price of 円1,024.00 is trading 23.5% below its estimated GF Value™ of 円1,338.16. GuruFocus considers Billing System to be Modestly Undervalued.

Key valuation signals for TSE:3623:

  • Construction In Progress: 円0 Mil
  • GF Value™: 円1,338.16 vs. price of 円1,024.00 (23.5% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the TSE:3623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Billing System Business Description

Address 1-2-2 Uchisaiwaicho, 13th Floor, Hibiya Daibiru, Chiyoda-ku, Tokyo, JPN, 100-0011
Billing System Corp offers a variety of payment services, including collection agency services, remittance support, smartphone payment service PayB, and more. It also support the introduction of in-store payments such as WeChat Pay, Alipay+, and PayPay, as well as the development and operation of WeChat mini-programs.
69GF Score

Get the complete analysis for TSE:3623

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

円1,024.00
Price
円1,338.16
GF Value