Nippon Gear Co (TSE:6356) Construction In Progress: 円286 Mil (As of Mar. 2026)

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TSE:6356 Nippon Gear Co Ltd TSE:6356
71 GF Score
Price 円1,317.00
GF Value 円590.21
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nippon Gear Co Construction In Progress?

Nippon Gear Co TSE:6356 +1.07% 71 Construction In Progress is 円286 Mil as of Mar. 2026. GuruFocus rates TSE:6356 with a GF Score™ of 71/100 and a GF Value™ of 円590.21 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Nippon Gear Co's quarterly construction in progress stayed the same from Sep. 2025 (円0 Mil) to Dec. 2025 (円0 Mil) but then increased from Dec. 2025 (円0 Mil) to Mar. 2026 (円286 Mil).

Nippon Gear Co's annual construction in progress increased from Mar. 2024 (円36 Mil) to Mar. 2025 (円344 Mil) but then declined from Mar. 2025 (円344 Mil) to Mar. 2026 (円286 Mil).

Nippon Gear Co Construction In Progress Historical Data

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The historical data trend for Nippon Gear 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.

Nippon Gear Co Construction In Progress Chart

Nippon Gear 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 20.00 97.87 36.46 343.54 286.15

Nippon Gear Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 286.15 0.00
TSE:6356
71GF Score
Nippon Gear Co Ltd TSE:6356
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Gear 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286 Mil mean?
Nippon Gear Co (TSE:6356) has a Construction In Progress of 円286 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nippon Gear Co and its competitors.
Is Nippon Gear Co's Construction In Progress too high?
Nippon Gear Co's current Construction In Progress is 円286 Mil. Overall, Nippon Gear Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gear Co's Construction In Progress compare to ORLY and AZO?
Nippon Gear Co's Construction In Progress of 円286 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Nippon Gear Co and its competitors. Nippon Gear Co's current Construction In Progress is 円286 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gear Co (TSE:6356) is currently considered Significantly Overvalued. The stock's GF Value™ is 円590.21, compared to a current price of 円1,317.00 — trading 123.1% above its estimated fair value. The current Construction In Progress is 円286 Mil. Nippon Gear Co's overall GF Score™ is 71/100 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 Nippon Gear Co (TSE:6356), the current Construction In Progress is 円286 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 Nippon Gear Co (TSE:6356) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Gear Co stock appears to be overvalued. The current stock price of 円1,317.00 is trading 123.1% above its estimated GF Value™ of 円590.21. GuruFocus considers Nippon Gear Co to be Significantly Overvalued.

Key valuation signals for TSE:6356:

  • Construction In Progress: 円286 Mil
  • GF Value™: 円590.21 vs. price of 円1,317.00 (123.1% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSE:6356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Gear Co Business Description

Address 1-7-14 Nishi-Shinbashi, 2nd Floor, Keihanshin Toranomon Building, Tokyo, JPN, 252-0811
Nippon Gear Co Ltd is engaged in the design, production, and sale of valve actuators, high-speed gear drivers, mixers, screw jacks, monitoring equipment, data communication equipment, control equipment, and software. It offers valve actuators for a range of applications in petroleum, nuclear, generating plants, and water/sewer pipelines; jacks for use in lifting/lowering, inclines, pulling, opening/closing, adjustment, and holding; gear drives for power plant, chemical plant, wastewater treatment plant, and other applications; and gears for automotive, railroad, industrial machine, and other industries.
71GF Score

Get the complete analysis for TSE:6356

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

円1,317.00
Price
円590.21
GF Value