Neturen Co (TSE:5976) Construction In Progress: 円2,545 Mil (As of Mar. 2026)

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TSE:5976 Neturen Co Ltd TSE:5976
71 GF Score
Price 円1,323.00
GF Value 円1,188.37
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Neturen Co Construction In Progress?

Neturen Co TSE:5976 +0.76% 71 Construction In Progress is 円2,545 Mil as of Mar. 2026. GuruFocus rates TSE:5976 with a GF Score™ of 71/100 and a GF Value™ of 円1,188.37 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Neturen Co's quarterly construction in progress increased from Sep. 2025 (円2,529 Mil) to Dec. 2025 (円2,645 Mil) but then declined from Dec. 2025 (円2,645 Mil) to Mar. 2026 (円2,545 Mil).

Neturen Co's annual construction in progress increased from Mar. 2024 (円1,767 Mil) to Mar. 2025 (円1,783 Mil) and increased from Mar. 2025 (円1,783 Mil) to Mar. 2026 (円2,545 Mil).

Neturen Co Construction In Progress Historical Data

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The historical data trend for Neturen Co'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.

Neturen Co Construction In Progress Chart

Neturen Co 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 627.00 560.00 1,767.00 1,783.00 2,545.00

Neturen Co 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 1,783.00 2,190.00 2,529.00 2,645.00 2,545.00
TSE:5976
71GF Score
Neturen Co Ltd TSE:5976
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Neturen Co 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2,545 Mil mean?
Neturen Co (TSE:5976) has a Construction In Progress of 円2,545 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Neturen Co and its competitors.
Is Neturen Co's Construction In Progress too high?
Neturen Co's current Construction In Progress is 円2,545 Mil. Overall, Neturen Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neturen Co's Construction In Progress compare to NUE and STLD?
Neturen Co's Construction In Progress of 円2,545 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Neturen Co and its competitors. Neturen Co's current Construction In Progress is 円2,545 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neturen Co stock overvalued right now?
Based on GuruFocus' analysis, Neturen Co (TSE:5976) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,188.37, compared to a current price of 円1,323.00 — trading 11.3% above its estimated fair value. The current Construction In Progress is 円2,545 Mil. Neturen Co's overall GF Score™ is 71/100 with 6 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 Neturen Co (TSE:5976), the current Construction In Progress is 円2,545 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 Neturen Co (TSE:5976) Overvalued in 2026?

Based on GuruFocus' analysis, Neturen Co stock appears to be overvalued. The current stock price of 円1,323.00 is trading 11.3% above its estimated GF Value™ of 円1,188.37. GuruFocus considers Neturen Co to be Modestly Overvalued.

Key valuation signals for TSE:5976:

  • Construction In Progress: 円2,545 Mil
  • GF Value™: 円1,188.37 vs. price of 円1,323.00 (11.3% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the TSE:5976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Neturen Co Business Description

Address Oval Court Ohsaki Mark West, 2-17-1 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8639
Neturen Co Ltd is a steel and steel products manufacturing company. It manufactures and sells prestressing and deformed steel bars for prestressed concrete used in civil engineering and construction field; Induction Heated, Quenched and Tempered Wire used in suspension springs for auto parts and construction machine parts; and induction heating equipment for various industries. The company's segments consist of Specialty Steel and Wire Products Division and Induction Heat Treatment Service and Heating Machine Division. The majority of the revenue is derived from the manufacturing and sale of prestressing steel bars and shear reinforcement bars.
71GF Score

Get the complete analysis for TSE:5976

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

円1,323.00
Price
円1,188.37
GF Value