Mirarth Holdings (TSE:8897) Construction In Progress: 円3,565 Mil (As of Mar. 2026)


TSE:8897 Mirarth Holdings Inc TSE:8897
70 GF Score
Price 円411.00
GF Value 円471.58
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Mirarth Holdings Construction In Progress?

Mirarth Holdings TSE:8897 +0.24% 70 Construction In Progress is 円3,565 Mil as of Mar. 2026. GuruFocus rates TSE:8897 with a GF Score™ of 70/100 and a GF Value™ of 円471.58 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Mirarth Holdings'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3,565 Mil).

Mirarth Holdings's annual construction in progress increased from Mar. 2024 (円3,264 Mil) to Mar. 2025 (円8,711 Mil) but then declined from Mar. 2025 (円8,711 Mil) to Mar. 2026 (円3,565 Mil).

Mirarth Holdings Construction In Progress Historical Data

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The historical data trend for Mirarth Holdings'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.

Mirarth Holdings Construction In Progress Chart

Mirarth Holdings 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 3,965.00 5,808.00 3,264.00 8,711.00 3,565.00

Mirarth Holdings 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 8,711.00 0.00 0.00 0.00 3,565.00
TSE:8897
70GF Score
Mirarth Holdings Inc TSE:8897
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Mirarth Holdings 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3,565 Mil mean?
Mirarth Holdings (TSE:8897) has a Construction In Progress of 円3,565 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mirarth Holdings and its competitors.
Is Mirarth Holdings' Construction In Progress too high?
Mirarth Holdings' current Construction In Progress is 円3,565 Mil. Overall, Mirarth Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirarth Holdings' Construction In Progress compare to competitors?
Mirarth Holdings' Construction In Progress of 円3,565 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Construction In Progress depends on the Real Estate 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 Mirarth Holdings and its competitors. Mirarth Holdings's current Construction In Progress is 円3,565 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirarth Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mirarth Holdings (TSE:8897) is currently considered Modestly Undervalued. The stock's GF Value™ is 円471.58, compared to a current price of 円411.00 — trading 12.8% below its estimated fair value. The current Construction In Progress is 円3,565 Mil. Mirarth Holdings' overall GF Score™ is 70/100 with 7 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 Mirarth Holdings (TSE:8897), the current Construction In Progress is 円3,565 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 Mirarth Holdings (TSE:8897) Overvalued in 2026?

Based on GuruFocus' analysis, Mirarth Holdings stock appears to be undervalued. The current stock price of 円411.00 is trading 12.8% below its estimated GF Value™ of 円471.58. GuruFocus considers Mirarth Holdings to be Modestly Undervalued.

Key valuation signals for TSE:8897:

  • Construction In Progress: 円3,565 Mil
  • GF Value™: 円471.58 vs. price of 円411.00 (12.8% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the TSE:8897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mirarth Holdings Business Description

Address 1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.
70GF Score

Get the complete analysis for TSE:8897

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

円411.00
Price
円471.58
GF Value