Showcase (TSE:3909) Construction In Progress: 円87 Mil (As of Mar. 2026)


TSE:3909 Showcase Inc TSE:3909
53 GF Score
Price 円188.00
GF Value 円559.11
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Showcase Construction In Progress?

Showcase TSE:3909 +0.53% 53 Construction In Progress is 円87 Mil as of Mar. 2026. GuruFocus rates TSE:3909 with a GF Score™ of 53/100 and a GF Value™ of 円559.11 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Showcase's quarterly construction in progress stayed the same from Mar. 2025 (円0 Mil) to Jun. 2025 (円0 Mil) but then increased from Jun. 2025 (円0 Mil) to Mar. 2026 (円87 Mil).

Showcase's annual construction in progress declined from Dec. 2022 (円125 Mil) to Dec. 2023 (円112 Mil) and declined from Dec. 2023 (円112 Mil) to Dec. 2024 (円111 Mil).

Showcase Construction In Progress Historical Data

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The historical data trend for Showcase'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.

Showcase Construction In Progress Chart

Showcase Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.59 94.17 125.08 112.40 111.00

Showcase Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Mar26
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 0.00 111.00 0.00 0.00 87.43
TSE:3909
53GF Score
Showcase Inc TSE:3909
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Showcase 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87 Mil mean?
Showcase (TSE:3909) has a Construction In Progress of 円87 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Showcase and its competitors.
Is Showcase's Construction In Progress too high?
Showcase's current Construction In Progress is 円87 Mil. Overall, Showcase has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Showcase's Construction In Progress compare to UBER and SHOP?
Showcase's Construction In Progress of 円87 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 Showcase and its competitors. Showcase's current Construction In Progress is 円87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase stock overvalued right now?
Based on GuruFocus' analysis, Showcase (TSE:3909) is currently considered Significantly Undervalued. The stock's GF Value™ is 円559.11, compared to a current price of 円188.00 — trading 66.4% below its estimated fair value. The current Construction In Progress is 円87 Mil. Showcase's overall GF Score™ is 53/100 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 Showcase (TSE:3909), the current Construction In Progress is 円87 Mil as of Mar. 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 Showcase (TSE:3909) Overvalued in 2026?

Based on GuruFocus' analysis, Showcase stock appears to be undervalued. The current stock price of 円188.00 is trading 66.4% below its estimated GF Value™ of 円559.11. GuruFocus considers Showcase to be Significantly Undervalued.

Key valuation signals for TSE:3909:

  • Construction In Progress: 円87 Mil
  • GF Value™: 円559.11 vs. price of 円188.00 (66.4% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the TSE:3909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Showcase Business Description

Address 1-9-9, Roppongi, 14th Floor, Roppongi First Building, Minato-ku, Tokyo, JPN, 106-0032
Showcase Inc is engaged in web marketing services. Its operations are carried out through the following business segments: DX Cloud Business, Advertising and Media Business, Investment-related Business, and Information and Communications-related Business. The DX Cloud Business is engaged in the SaaS business. The Advertising and Media Business operates owned media and affiliate advertising. The Investment-related business provides SmartPitch, an online matching platform by Showcase Capital Inc., connecting startups with operating companies, VCs, and CVCs, while also supporting startup growth and fundraising for listed companies. The Information and Communications Related Business is engaged in the sale of used smartphones.
53GF 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188.00
Price
円559.11
GF Value