Mitsuboshi Belting (TSE:5192) Construction In Progress: 円2,891 Mil (As of Mar. 2026)


TSE:5192 Mitsuboshi Belting Ltd TSE:5192
91 GF Score
Price 円3,950.00
GF Value 円4,366.96
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Mitsuboshi Belting Construction In Progress?

Mitsuboshi Belting TSE:5192 +0.13% 91 Construction In Progress is 円2,891 Mil as of Mar. 2026. GuruFocus rates TSE:5192 with a GF Score™ of 91/100 and a GF Value™ of 円4,366.96 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Mitsuboshi Belting's quarterly construction in progress declined from Sep. 2025 (円6,571 Mil) to Dec. 2025 (円2,503 Mil) but then increased from Dec. 2025 (円2,503 Mil) to Mar. 2026 (円2,891 Mil).

Mitsuboshi Belting's annual construction in progress increased from Mar. 2024 (円3,251 Mil) to Mar. 2025 (円5,024 Mil) but then declined from Mar. 2025 (円5,024 Mil) to Mar. 2026 (円2,891 Mil).


Mitsuboshi Belting Construction In Progress Historical Data

* Premium members only.

The historical data trend for Mitsuboshi Belting'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.

Mitsuboshi Belting Construction In Progress Chart

Mitsuboshi Belting 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 2,804.00 4,738.00 3,251.00 5,024.00 2,891.00

Mitsuboshi Belting Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 5,024.00 6,017.00 6,571.00 2,503.00 2,891.00
TSE:5192
91GF Score
Mitsuboshi Belting Ltd TSE:5192
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsuboshi Belting 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2,891 Mil mean?
Mitsuboshi Belting (TSE:5192) has a Construction In Progress of 円2,891 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mitsuboshi Belting and its competitors.
Is Mitsuboshi Belting's Construction In Progress too high?
Mitsuboshi Belting's current Construction In Progress is 円2,891 Mil. Overall, Mitsuboshi Belting has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsuboshi Belting's Construction In Progress compare to GEV and ETN?
Mitsuboshi Belting's Construction In Progress of 円2,891 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Mitsuboshi Belting and its competitors. Mitsuboshi Belting's current Construction In Progress is 円2,891 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuboshi Belting stock overvalued right now?
Based on GuruFocus' analysis, Mitsuboshi Belting (TSE:5192) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,366.96, compared to a current price of 円3,950.00 — trading 9.5% below its estimated fair value. The current Construction In Progress is 円2,891 Mil. Mitsuboshi Belting'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 Mitsuboshi Belting (TSE:5192), the current Construction In Progress is 円2,891 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 Mitsuboshi Belting (TSE:5192) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsuboshi Belting stock appears to be undervalued. The current stock price of 円3,950.00 is trading 9.5% below its estimated GF Value™ of 円4,366.96. GuruFocus considers Mitsuboshi Belting to be Modestly Undervalued.

Key valuation signals for TSE:5192:

  • Construction In Progress: 円2,891 Mil
  • GF Value™: 円4,366.96 vs. price of 円3,950.00 (9.5% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the TSE:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsuboshi Belting Business Description

Address 4 - 1 21 Hamazoe dori, Nagata ku, Hyogo-ken, JPN, 6530024
Mitsuboshi Belting Ltd is involved in the business of Power transmission belts and related products, Conveyor belts and systems and related products, Engineering plastics, Engineering structural foam, Waterproofing and Watershielding sheet, Metal nanoparticle related products. Its products include automobile and motorcycle transmission belts, general industrial transmission belts, pulleys, conveyer belts, systems, engineering plastic materials and processed products, waterproofing materials for construction etc.
91GF Score

Get the complete analysis for TSE:5192

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

円3,950.00
Price
円4,366.96
GF Value