Hokuriku Gas Co (TSE:9537) Construction In Progress: 円431 Mil (As of Mar. 2026)

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TSE:9537 Hokuriku Gas Co Ltd TSE:9537
67 GF Score
Price 円4,280.00
GF Value 円3,701.52
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Hokuriku Gas Co Construction In Progress?

Hokuriku Gas Co TSE:9537 -1.15% 67 Construction In Progress is 円431 Mil as of Mar. 2026. GuruFocus rates TSE:9537 with a GF Score™ of 67/100 and a GF Value™ of 円3,701.52 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Hokuriku Gas Co's quarterly construction in progress increased from Mar. 2025 (円416 Mil) to Sep. 2025 (円522 Mil) but then declined from Sep. 2025 (円522 Mil) to Mar. 2026 (円431 Mil).

Hokuriku Gas Co's annual construction in progress declined from Mar. 2024 (円694 Mil) to Mar. 2025 (円416 Mil) but then increased from Mar. 2025 (円416 Mil) to Mar. 2026 (円431 Mil).

Hokuriku Gas Co Construction In Progress Historical Data

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The historical data trend for Hokuriku Gas 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.

Hokuriku Gas Co Construction In Progress Chart

Hokuriku Gas 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 429.03 334.50 694.24 415.73 431.01

Hokuriku Gas Co 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 694.24 654.27 415.73 522.19 431.01
TSE:9537
67GF Score
Hokuriku Gas Co Ltd TSE:9537
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokuriku Gas 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431 Mil mean?
Hokuriku Gas Co (TSE:9537) has a Construction In Progress of 円431 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hokuriku Gas Co and its competitors.
Is Hokuriku Gas Co's Construction In Progress too high?
Hokuriku Gas Co's current Construction In Progress is 円431 Mil. Overall, Hokuriku Gas Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's Construction In Progress compare to ATO and NI?
Hokuriku Gas Co's Construction In Progress of 円431 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Hokuriku Gas Co and its competitors. Hokuriku Gas Co's current Construction In Progress is 円431 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Gas Co (TSE:9537) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,701.52, compared to a current price of 円4,280.00 — trading 15.6% above its estimated fair value. The current Construction In Progress is 円431 Mil. Hokuriku Gas Co's overall GF Score™ is 67/100 with 3 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 Hokuriku Gas Co (TSE:9537), the current Construction In Progress is 円431 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 Hokuriku Gas Co (TSE:9537) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Gas Co stock appears to be overvalued. The current stock price of 円4,280.00 is trading 15.6% above its estimated GF Value™ of 円3,701.52. GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.

Key valuation signals for TSE:9537:

  • Construction In Progress: 円431 Mil
  • GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the TSE:9537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hokuriku Gas Co Business Description

Address Hokuriku Building, 2-23 Higashi-Odori 1-chome, Chuo-ku, Niigata City, JPN, 950-8748
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas and gas-related equipment. It is involved in the manufacture, supply, and sale of city gas, as well as the operation of gas works and the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
67GF Score

Get the complete analysis for TSE:9537

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

円4,280.00
Price
円3,701.52
GF Value