Needs Well (TSE:3992) Construction In Progress: 円128 Mil (As of Mar. 2026)


TSE:3992 Needs Well Inc TSE:3992
91 GF Score
Price 円452.00
GF Value 円498.93
Valuation Fairly Valued
! 2 Warning Signs
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What is Needs Well Construction In Progress?

Needs Well TSE:3992 +0.67% 91 Construction In Progress is 円128 Mil as of Mar. 2026. GuruFocus rates TSE:3992 with a GF Score™ of 91/100 and a GF Value™ of 円498.93 (Fairly Valued). The stock has 2 warning signs investors should review.

Needs Well's quarterly construction in progress declined from Sep. 2025 (円138 Mil) to Dec. 2025 (円137 Mil) and declined from Dec. 2025 (円137 Mil) to Mar. 2026 (円128 Mil).

Needs Well's annual construction in progress increased from Sep. 2023 (円101 Mil) to Sep. 2024 (円143 Mil) but then declined from Sep. 2024 (円143 Mil) to Sep. 2025 (円138 Mil).

Needs Well Construction In Progress Historical Data

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The historical data trend for Needs Well'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.

Needs Well Construction In Progress Chart

Needs Well Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.69 83.73 100.99 143.41 137.70

Needs Well Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 141.31 138.21 137.70 136.63 127.57
TSE:3992
91GF Score
Needs Well Inc TSE:3992
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Needs Well 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128 Mil mean?
Needs Well (TSE:3992) has a Construction In Progress of 円128 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Needs Well and its competitors.
Is Needs Well's Construction In Progress too high?
Needs Well's current Construction In Progress is 円128 Mil. Overall, Needs Well has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Needs Well's Construction In Progress compare to MSFT and ORCL?
Needs Well's Construction In Progress of 円128 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 Needs Well and its competitors. Needs Well's current Construction In Progress is 円128 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Needs Well stock overvalued right now?
Based on GuruFocus' analysis, Needs Well (TSE:3992) is currently considered Fairly Valued. The stock's GF Value™ is 円498.93, compared to a current price of 円452.00 — trading 9.4% below its estimated fair value. The current Construction In Progress is 円128 Mil. Needs Well's overall GF Score™ is 91/100 with 2 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 Needs Well (TSE:3992), the current Construction In Progress is 円128 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 Needs Well (TSE:3992) Overvalued in 2026?

Based on GuruFocus' analysis, Needs Well stock appears to be undervalued. The current stock price of 円452.00 is trading 9.4% below its estimated GF Value™ of 円498.93. GuruFocus considers Needs Well to be Fairly Valued.

Key valuation signals for TSE:3992:

  • Construction In Progress: 円128 Mil
  • GF Value™: 円498.93 vs. price of 円452.00 (9.4% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the TSE:3992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Needs Well Business Description

Address 13-15 South Tower, Tomihisa-cho Shinjuku-ku, Tokyo, JPN, 162-0067
Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB systems, digital marketing related system, business system, and CMS using web technology.
91GF 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452.00
Price
円498.93
GF Value