Nankai Co (TSE:9044) Construction In Progress: 円38,964 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9044 Nankai Co Ltd TSE:9044
80 GF Score
Price 円3,170.00
GF Value 円3,038.38
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Nankai Co Construction In Progress?

Nankai Co TSE:9044 +2.92% 80 Construction In Progress is 円38,964 Mil as of Mar. 2026. GuruFocus rates TSE:9044 with a GF Score™ of 80/100 and a GF Value™ of 円3,038.38 (Fairly Valued). The stock has 7 warning signs investors should review.

Nankai Co's quarterly construction in progress increased from Sep. 2025 (円51,003 Mil) to Dec. 2025 (円53,472 Mil) but then declined from Dec. 2025 (円53,472 Mil) to Mar. 2026 (円38,964 Mil).

Nankai Co's annual construction in progress declined from Mar. 2024 (円34,337 Mil) to Mar. 2025 (円31,643 Mil) but then increased from Mar. 2025 (円31,643 Mil) to Mar. 2026 (円38,964 Mil).

Nankai Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Nankai Co'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.

Nankai Co Construction In Progress Chart

Nankai Co 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 18,613.00 28,219.00 34,337.00 31,643.00 38,964.00

Nankai Co 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 31,643.00 47,864.00 51,003.00 53,472.00 38,964.00
TSE:9044
80GF Score
Nankai Co Ltd TSE:9044
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nankai Co 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38,964 Mil mean?
Nankai Co (TSE:9044) has a Construction In Progress of 円38,964 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nankai Co and its competitors.
Is Nankai Co's Construction In Progress too high?
Nankai Co's current Construction In Progress is 円38,964 Mil. Overall, Nankai Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nankai Co's Construction In Progress compare to competitors?
Nankai Co's Construction In Progress of 円38,964 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 Nankai Co and its competitors. Nankai Co's current Construction In Progress is 円38,964 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankai Co stock overvalued right now?
Based on GuruFocus' analysis, Nankai Co (TSE:9044) is currently considered Fairly Valued. The stock's GF Value™ is 円3,038.38, compared to a current price of 円3,170.00 — trading 4.3% above its estimated fair value. The current Construction In Progress is 円38,964 Mil. Nankai Co's overall GF Score™ is 80/100 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 Nankai Co (TSE:9044), the current Construction In Progress is 円38,964 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 Nankai Co (TSE:9044) Overvalued in 2026?

Based on GuruFocus' analysis, Nankai Co stock appears to be overvalued. The current stock price of 円3,170.00 is trading 4.3% above its estimated GF Value™ of 円3,038.38. GuruFocus considers Nankai Co to be Fairly Valued.

Key valuation signals for TSE:9044:

  • Construction In Progress: 円38,964 Mil
  • GF Value™: 円3,038.38 vs. price of 円3,170.00 (4.3% above fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the TSE:9044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nankai Co Business Description

Address 2-1-41 Shikitsuhigashi, Naniwa-ku, Osaka, JPN, 556-0012
Nankai Co Ltd is engaged in the business of real estate development, leasing, and other related business activities.
80GF Score

Get the complete analysis for TSE:9044

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

円3,170.00
Price
円3,038.38
GF Value