Daiwa Office Investment (TSE:8976) Construction In Progress: 円50 Mil (As of Nov. 2025)


TSE:8976 Daiwa Office Investment Corp TSE:8976
62 GF Score
Price 円331,500.00
GF Value 円349,173.95
Valuation Fairly Valued
! 4 Warning Signs
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What is Daiwa Office Investment Construction In Progress?

Daiwa Office Investment TSE:8976 +1.38% 62 Construction In Progress is 円50 Mil as of Nov. 2025. GuruFocus rates TSE:8976 with a GF Score™ of 62/100 and a GF Value™ of 円349,173.95 (Fairly Valued). The stock has 4 warning signs investors should review.

Daiwa Office Investment's quarterly construction in progress declined from Nov. 2024 (円42 Mil) to May. 2025 (円38 Mil) but then increased from May. 2025 (円38 Mil) to Nov. 2025 (円50 Mil).

Daiwa Office Investment's annual construction in progress increased from Nov. 2022 (円907 Mil) to Nov. 2023 (円2,381 Mil) but then declined from Nov. 2023 (円2,381 Mil) to Nov. 2024 (円42 Mil).

Daiwa Office Investment Construction In Progress Historical Data

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The historical data trend for Daiwa Office 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.

Daiwa Office Investment Construction In Progress Chart

Daiwa Office Investment Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.00 234.74 906.87 2,381.33 42.33

Daiwa Office Investment Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 2,381.33 3,568.04 42.33 38.29 50.10
TSE:8976
62GF Score
Daiwa Office Investment Corp TSE:8976
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiwa Office 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50 Mil mean?
Daiwa Office Investment (TSE:8976) has a Construction In Progress of 円50 Mil as of Nov. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Daiwa Office Investment and its competitors.
Is Daiwa Office Investment's Construction In Progress too high?
Daiwa Office Investment's current Construction In Progress is 円50 Mil. Overall, Daiwa Office Investment has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's Construction In Progress compare to BXP and ARE?
Daiwa Office Investment's Construction In Progress of 円50 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 Daiwa Office Investment and its competitors. Daiwa Office Investment's current Construction In Progress is 円50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Office Investment (TSE:8976) is currently considered Fairly Valued. The stock's GF Value™ is 円349,173.95, compared to a current price of 円331,500.00 — trading 5.1% below its estimated fair value. The current Construction In Progress is 円50 Mil. Daiwa Office Investment's overall GF Score™ is 62/100 with 4 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 Daiwa Office Investment (TSE:8976), the current Construction In Progress is 円50 Mil as of Nov. 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 Daiwa Office Investment (TSE:8976) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued. The current stock price of 円331,500.00 is trading 5.1% below its estimated GF Value™ of 円349,173.95. GuruFocus considers Daiwa Office Investment to be Fairly Valued.

Key valuation signals for TSE:8976:

  • Construction In Progress: 円50 Mil
  • GF Value™: 円349,173.95 vs. price of 円331,500.00 (5.1% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the TSE:8976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Daiwa Office Investment Business Description

Industry Real EstateREITs
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
62GF Score

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

円331,500.00
Price
円349,173.95
GF Value