JET Co (TSE:6228) Construction In Progress: 円475 Mil (As of Dec. 2025)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6228 JET Co Ltd TSE:6228
58 GF Score
Price 円501.00
GF Value 円648.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is JET Co Construction In Progress?

JET Co TSE:6228 +0.20% 58 Construction In Progress is 円475 Mil as of Dec. 2025. GuruFocus rates TSE:6228 with a GF Score™ of 58/100 and a GF Value™ of 円648.80 (Modestly Undervalued). The stock has 5 warning signs investors should review.

JET Co's quarterly construction in progress stayed the same from Jun. 2025 (円0 Mil) to Sep. 2025 (円0 Mil) but then increased from Sep. 2025 (円0 Mil) to Dec. 2025 (円475 Mil).

JET Co's annual construction in progress increased from Dec. 2023 (円0 Mil) to Dec. 2024 (円108 Mil) and increased from Dec. 2024 (円108 Mil) to Dec. 2025 (円475 Mil).

JET Co Construction In Progress Historical Data

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The historical data trend for JET 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.

JET Co Construction In Progress Chart

JET Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.00 0.00 0.00 108.00 475.00

JET Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 108.00 0.00 0.00 0.00 475.00
TSE:6228
58GF Score
JET Co Ltd TSE:6228
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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JET 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475 Mil mean?
JET Co (TSE:6228) has a Construction In Progress of 円475 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on JET Co and its competitors.
Is JET Co's Construction In Progress too high?
JET Co's current Construction In Progress is 円475 Mil. Overall, JET Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JET Co's Construction In Progress compare to AMAT and LRCX?
JET Co's Construction In Progress of 円475 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 JET Co and its competitors. JET Co's current Construction In Progress is 円475 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JET Co stock overvalued right now?
Based on GuruFocus' analysis, JET Co (TSE:6228) is currently considered Modestly Undervalued. The stock's GF Value™ is 円648.80, compared to a current price of 円501.00 — trading 22.8% below its estimated fair value. The current Construction In Progress is 円475 Mil. JET Co's overall GF Score™ is 58/100 with 5 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 JET Co (TSE:6228), the current Construction In Progress is 円475 Mil as of Dec. 2025. 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 JET Co (TSE:6228) Overvalued in 2026?

Based on GuruFocus' analysis, JET Co stock appears to be undervalued. The current stock price of 円501.00 is trading 22.8% below its estimated GF Value™ of 円648.80. GuruFocus considers JET Co to be Modestly Undervalued.

Key valuation signals for TSE:6228:

  • Construction In Progress: 円475 Mil
  • GF Value™: 円648.80 vs. price of 円501.00 (22.8% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the TSE:6228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JET Co Business Description

Address 6078 Shinjo Kanayama, Kanayama, Shinjo, Satosho-cho, Asakuchi-gun, Okayama, JPN, 719-0302
JET Co Ltd is a key manufacturer of semiconductor cleaning equipment based in Okayama, Japan. The company specializes in the development, design, manufacturing, sales, and maintenance of batch-type cleaning systems used in the semiconductor manufacturing process also cater to the needs of their clients by enhancing operational efficiency. Additionally, their technology extends to new energy sectors, including lithium-ion battery testing equipment, supporting a more comfortable and convenient lifestyle.
58GF Score

Get the complete analysis for TSE:6228

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

円501.00
Price
円648.80
GF Value