I-plug (TSE:4177) Construction In Progress: 円57 Mil (As of Mar. 2026)


TSE:4177 I-plug Inc TSE:4177
89 GF Score
Price 円1,402.00
GF Value 円1,668.62
Valuation Modestly Undervalued
! 1 Warning Sign
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What is I-plug Construction In Progress?

I-plug TSE:4177 -0.50% 89 Construction In Progress is 円57 Mil as of Mar. 2026. GuruFocus rates TSE:4177 with a GF Score™ of 89/100 and a GF Value™ of 円1,668.62 (Modestly Undervalued). The stock has 1 warning sign investors should review.

I-plug's quarterly construction in progress stayed the same from Mar. 2025 (円0 Mil) to Sep. 2025 (円0 Mil) but then increased from Sep. 2025 (円0 Mil) to Mar. 2026 (円57 Mil).

I-plug's annual construction in progress stayed the same from Mar. 2024 (円0 Mil) to Mar. 2025 (円0 Mil) but then increased from Mar. 2025 (円0 Mil) to Mar. 2026 (円57 Mil).

I-plug Construction In Progress Historical Data

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The historical data trend for I-plug'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.

I-plug Construction In Progress Chart

I-plug Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial 0.00 15.33 0.00 0.00 56.75

I-plug Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 56.75
TSE:4177
89GF Score
I-plug Inc TSE:4177
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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I-plug 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57 Mil mean?
I-plug (TSE:4177) has a Construction In Progress of 円57 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on I-plug and its competitors.
Is I-plug's Construction In Progress too high?
I-plug's current Construction In Progress is 円57 Mil. Overall, I-plug has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does I-plug's Construction In Progress compare to KFY and RHI?
I-plug's Construction In Progress of 円57 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 I-plug and its competitors. I-plug's current Construction In Progress is 円57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-plug stock overvalued right now?
Based on GuruFocus' analysis, I-plug (TSE:4177) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,668.62, compared to a current price of 円1,402.00 — trading 16% below its estimated fair value. The current Construction In Progress is 円57 Mil. I-plug's overall GF Score™ is 89/100 with 1 warning sign 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 I-plug (TSE:4177), the current Construction In Progress is 円57 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 I-plug (TSE:4177) Overvalued in 2026?

Based on GuruFocus' analysis, I-plug stock appears to be undervalued. The current stock price of 円1,402.00 is trading 16% below its estimated GF Value™ of 円1,668.62. GuruFocus considers I-plug to be Modestly Undervalued.

Key valuation signals for TSE:4177:

  • Construction In Progress: 円57 Mil
  • GF Value™: 円1,668.62 vs. price of 円1,402.00 (16% below fair value)
  • GF Score™: 89/100 with 1 warning sign

No single metric tells the full story. See the TSE:4177 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

I-plug Business Description

Address 5-11-8 Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-0011
I-plug Inc provides a mechanism to expand the human resources who will bear the future and realizes personal growth and corporate development. It is mainly involved in the operation of the new graduate reverse recruitment site "OfferBox" series. The Company operates in a single segment, the HR platform business.
89GF Score

Get the complete analysis for TSE:4177

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

円1,402.00
Price
円1,668.62
GF Value