Area Quest (TSE:8912) Construction In Progress: 円879 Mil (As of Dec. 2025)

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TSE:8912 Area Quest Inc TSE:8912
75 GF Score
Price 円152.00
GF Value 円131.01
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Area Quest Construction In Progress?

Area Quest TSE:8912 +0.66% 75 Construction In Progress is 円879 Mil as of Dec. 2025. GuruFocus rates TSE:8912 with a GF Score™ of 75/100 and a GF Value™ of 円131.01 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Area Quest's quarterly construction in progress increased from Jun. 2025 (円855 Mil) to Sep. 2025 (円871 Mil) and increased from Sep. 2025 (円871 Mil) to Dec. 2025 (円879 Mil).

Area Quest's annual construction in progress increased from Jun. 2023 (円838 Mil) to Jun. 2024 (円847 Mil) and increased from Jun. 2024 (円847 Mil) to Jun. 2025 (円855 Mil).

Area Quest Construction In Progress Historical Data

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The historical data trend for Area Quest'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.

Area Quest Construction In Progress Chart

Area Quest Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 792.40 804.65 838.44 847.46 855.25

Area Quest Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 850.84 855.25 870.69 879.17 876.07
TSE:8912
75GF Score
Area Quest Inc TSE:8912
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Area Quest 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879 Mil mean?
Area Quest (TSE:8912) has a Construction In Progress of 円879 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Area Quest and its competitors.
Is Area Quest's Construction In Progress too high?
Area Quest's current Construction In Progress is 円879 Mil. Overall, Area Quest has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Area Quest's Construction In Progress compare to CBRE and BEKE?
Area Quest's Construction In Progress of 円879 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 Area Quest and its competitors. Area Quest's current Construction In Progress is 円879 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Area Quest stock overvalued right now?
Based on GuruFocus' analysis, Area Quest (TSE:8912) is currently considered Modestly Overvalued. The stock's GF Value™ is 円131.01, compared to a current price of 円152.00 — trading 16% above its estimated fair value. The current Construction In Progress is 円879 Mil. Area Quest's overall GF Score™ is 75/100 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 Area Quest (TSE:8912), the current Construction In Progress is 円879 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 Area Quest (TSE:8912) Overvalued in 2026?

Based on GuruFocus' analysis, Area Quest stock appears to be overvalued. The current stock price of 円152.00 is trading 16% above its estimated GF Value™ of 円131.01. GuruFocus considers Area Quest to be Modestly Overvalued.

Key valuation signals for TSE:8912:

  • Construction In Progress: 円879 Mil
  • GF Value™: 円131.01 vs. price of 円152.00 (16% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:8912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Area Quest Business Description

Address 7th Floor, 6-5-1 Nishi Shinjuku, Shinjuku Island Tower, Shinjuku-ku, Tokyo, JPN, 163-1307
Area Quest Inc operates as a real estate business solution provider. The business of the company includes tenant invitation, update and contract management, and building management.
75GF Score

Get the complete analysis for TSE:8912

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

円152.00
Price
円131.01
GF Value