IPS (TSE:4390) Construction In Progress: 円11,067 Mil (As of Mar. 2026)


TSE:4390 IPS Inc TSE:4390
92 GF Score
Price 円3,670.00
GF Value 円3,121.20
Valuation Modestly Overvalued
! 4 Warning Signs
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What is IPS Construction In Progress?

IPS TSE:4390 +2.80% 92 Construction In Progress is 円11,067 Mil as of Mar. 2026. GuruFocus rates TSE:4390 with a GF Score™ of 92/100 and a GF Value™ of 円3,121.20 (Modestly Overvalued). The stock has 4 warning signs investors should review.

IPS's quarterly construction in progress increased from Mar. 2025 (円5,194 Mil) to Sep. 2025 (円6,508 Mil) and increased from Sep. 2025 (円6,508 Mil) to Mar. 2026 (円11,067 Mil).

IPS's annual construction in progress increased from Mar. 2024 (円3,795 Mil) to Mar. 2025 (円5,194 Mil) and increased from Mar. 2025 (円5,194 Mil) to Mar. 2026 (円11,067 Mil).

IPS Construction In Progress Historical Data

* Premium members only.

The historical data trend for IPS'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.

IPS Construction In Progress Chart

IPS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,429.00 6,403.00 3,795.00 5,194.00 11,067.00

IPS Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,795.00 4,382.00 5,194.00 6,508.00 11,067.00
TSE:4390
92GF Score
IPS Inc TSE:4390
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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IPS 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11,067 Mil mean?
IPS (TSE:4390) has a Construction In Progress of 円11,067 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on IPS and its competitors.
Is IPS's Construction In Progress too high?
IPS's current Construction In Progress is 円11,067 Mil. Overall, IPS has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPS's Construction In Progress compare to TMUS and VZ?
IPS's Construction In Progress of 円11,067 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Construction In Progress depends on the Telecommunication 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 IPS and its competitors. IPS's current Construction In Progress is 円11,067 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPS stock overvalued right now?
Based on GuruFocus' analysis, IPS (TSE:4390) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,121.20, compared to a current price of 円3,670.00 — trading 17.6% above its estimated fair value. The current Construction In Progress is 円11,067 Mil. IPS's overall GF Score™ is 92/100 with 4 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 IPS (TSE:4390), the current Construction In Progress is 円11,067 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 IPS (TSE:4390) Overvalued in 2026?

Based on GuruFocus' analysis, IPS stock appears to be overvalued. The current stock price of 円3,670.00 is trading 17.6% above its estimated GF Value™ of 円3,121.20. GuruFocus considers IPS to be Modestly Overvalued.

Key valuation signals for TSE:4390:

  • Construction In Progress: 円11,067 Mil
  • GF Value™: 円3,121.20 vs. price of 円3,670.00 (17.6% above fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the TSE:4390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IPS Business Description

Address 4-1-1 Tsukiji, Chuo-ku, 8th Floor, Togeki Building, Tokyo, JPN, 104-0045
IPS Inc is engaged in the wholesale of international telecommunication services for cable television operators, Internet connection services for corporations, telecommunication services for various call centers, and job placement and advertising services for recruiters.
92GF Score

Get the complete analysis for TSE:4390

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

円3,670.00
Price
円3,121.20
GF Value