Nittan (TSE:6493) Construction In Progress: 円2,013 Mil (As of Mar. 2026)


TSE:6493 Nittan Corp TSE:6493
74 GF Score
Price 円463.00
GF Value 円376.87
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nittan Construction In Progress?

Nittan TSE:6493 +1.09% 74 Construction In Progress is 円2,013 Mil as of Mar. 2026. GuruFocus rates TSE:6493 with a GF Score™ of 74/100 and a GF Value™ of 円376.87 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Nittan's quarterly construction in progress increased from Mar. 2025 (円1,221 Mil) to Sep. 2025 (円1,421 Mil) and increased from Sep. 2025 (円1,421 Mil) to Mar. 2026 (円2,013 Mil).

Nittan's annual construction in progress declined from Mar. 2024 (円1,660 Mil) to Mar. 2025 (円1,221 Mil) but then increased from Mar. 2025 (円1,221 Mil) to Mar. 2026 (円2,013 Mil).

Nittan Construction In Progress Historical Data

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The historical data trend for Nittan'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.

Nittan Construction In Progress Chart

Nittan 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 1,552.96 981.20 1,660.03 1,221.00 2,012.71

Nittan Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only 1,660.03 1,171.59 1,221.00 1,421.03 2,012.71
TSE:6493
74GF Score
Nittan Corp TSE:6493
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nittan 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2,013 Mil mean?
Nittan (TSE:6493) has a Construction In Progress of 円2,013 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nittan and its competitors.
Is Nittan's Construction In Progress too high?
Nittan's current Construction In Progress is 円2,013 Mil. Overall, Nittan has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittan's Construction In Progress compare to ORLY and AZO?
Nittan's Construction In Progress of 円2,013 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 Nittan and its competitors. Nittan's current Construction In Progress is 円2,013 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittan stock overvalued right now?
Based on GuruFocus' analysis, Nittan (TSE:6493) is currently considered Modestly Overvalued. The stock's GF Value™ is 円376.87, compared to a current price of 円463.00 — trading 22.9% above its estimated fair value. The current Construction In Progress is 円2,013 Mil. Nittan's overall GF Score™ is 74/100 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 Nittan (TSE:6493), the current Construction In Progress is 円2,013 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 Nittan (TSE:6493) Overvalued in 2026?

Based on GuruFocus' analysis, Nittan stock appears to be overvalued. The current stock price of 円463.00 is trading 22.9% above its estimated GF Value™ of 円376.87. GuruFocus considers Nittan to be Modestly Overvalued.

Key valuation signals for TSE:6493:

  • Construction In Progress: 円2,013 Mil
  • GF Value™: 円376.87 vs. price of 円463.00 (22.9% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TSE:6493 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nittan Business Description

Address 518 Soya, Hadano-shi, Kanagawa, JPN, 257-0031
Nittan Corp operates in the auto parts industry. The company is mainly engaged in the manufacturing and distribution of engine valves, automobile parts, spinning machine parts, and other general machine parts and equipment. In addition, the company is involved in the produce, process, and sales of agricultural crops. The company has an operational presence across Asia, North America, and Europe.
74GF Score

Get the complete analysis for TSE:6493

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

円463.00
Price
円376.87
GF Value