Japan Real Estate Investment (TSE:8952) Construction In Progress: 円2,022 Mil (As of Mar. 2026)


TSE:8952 Japan Real Estate Investment Corp TSE:8952
68 GF Score
Price 円115,800.00
GF Value 円111,805.74
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Japan Real Estate Investment Construction In Progress?

Japan Real Estate Investment TSE:8952 -1.53% 68 Construction In Progress is 円2,022 Mil as of Mar. 2026. GuruFocus rates TSE:8952 with a GF Score™ of 68/100 and a GF Value™ of 円111,805.74 (Fairly Valued). The stock has 6 warning signs investors should review.

Japan Real Estate Investment's quarterly construction in progress increased from Mar. 2025 (円1,813 Mil) to Sep. 2025 (円1,847 Mil) and increased from Sep. 2025 (円1,847 Mil) to Mar. 2026 (円2,022 Mil).

Japan Real Estate Investment's annual construction in progress increased from Sep. 2023 (円1,627 Mil) to Sep. 2024 (円1,731 Mil) and increased from Sep. 2024 (円1,731 Mil) to Sep. 2025 (円1,847 Mil).

Japan Real Estate Investment Construction In Progress Historical Data

* Premium members only.

The historical data trend for Japan Real Estate Investment'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.

Japan Real Estate Investment Construction In Progress Chart

Japan Real Estate Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,656.87 1,722.26 1,627.15 1,731.25 1,846.85

Japan Real Estate Investment 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 1,667.64 1,731.25 1,812.59 1,846.85 2,021.84
TSE:8952
68GF Score
Japan Real Estate Investment Corp TSE:8952
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Real Estate Investment 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2,022 Mil mean?
Japan Real Estate Investment (TSE:8952) has a Construction In Progress of 円2,022 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Japan Real Estate Investment and its competitors.
Is Japan Real Estate Investment's Construction In Progress too high?
Japan Real Estate Investment's current Construction In Progress is 円2,022 Mil. Overall, Japan Real Estate Investment has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Real Estate Investment's Construction In Progress compare to BXP and ARE?
Japan Real Estate Investment's Construction In Progress of 円2,022 Mil can be compared against companies in the REITs 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 REITs company?
A good Construction In Progress depends on the REITs 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 Japan Real Estate Investment and its competitors. Japan Real Estate Investment's current Construction In Progress is 円2,022 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Real Estate Investment (TSE:8952) is currently considered Fairly Valued. The stock's GF Value™ is 円111,805.74, compared to a current price of 円115,800.00 — trading 3.6% above its estimated fair value. The current Construction In Progress is 円2,022 Mil. Japan Real Estate Investment's overall GF Score™ is 68/100 with 6 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 Japan Real Estate Investment (TSE:8952), the current Construction In Progress is 円2,022 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 Japan Real Estate Investment (TSE:8952) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be overvalued. The current stock price of 円115,800.00 is trading 3.6% above its estimated GF Value™ of 円111,805.74. GuruFocus considers Japan Real Estate Investment to be Fairly Valued.

Key valuation signals for TSE:8952:

  • Construction In Progress: 円2,022 Mil
  • GF Value™: 円111,805.74 vs. price of 円115,800.00 (3.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the TSE:8952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Real Estate Investment Business Description

Industry Real EstateREITs
Other Exchanges JUA:Germany
Address OTEMACHI Park Building 1-1-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its customers.
68GF Score

Get the complete analysis for TSE:8952

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

円115,800.00
Price
円111,805.74
GF Value