Imperial Hotel (TSE:9708) Construction In Progress: 円8,072 Mil (As of Mar. 2026)


TSE:9708 Imperial Hotel Ltd TSE:9708
88 GF Score
Price 円1,006.00
GF Value 円1,089.88
Valuation Fairly Valued
! 3 Warning Signs
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What is Imperial Hotel Construction In Progress?

Imperial Hotel TSE:9708 -1.08% 88 Construction In Progress is 円8,072 Mil as of Mar. 2026. GuruFocus rates TSE:9708 with a GF Score™ of 88/100 and a GF Value™ of 円1,089.88 (Fairly Valued). The stock has 3 warning signs investors should review.

Imperial Hotel's quarterly construction in progress declined from Sep. 2025 (円11,034 Mil) to Dec. 2025 (円4,516 Mil) but then increased from Dec. 2025 (円4,516 Mil) to Mar. 2026 (円8,072 Mil).

Imperial Hotel's annual construction in progress increased from Mar. 2024 (円10,360 Mil) to Mar. 2025 (円15,106 Mil) but then declined from Mar. 2025 (円15,106 Mil) to Mar. 2026 (円8,072 Mil).

Imperial Hotel Construction In Progress Historical Data

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The historical data trend for Imperial Hotel'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.

Imperial Hotel Construction In Progress Chart

Imperial Hotel 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 5,859.00 7,526.00 10,360.00 15,106.00 8,072.00

Imperial Hotel 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 15,106.00 10,854.00 11,034.00 4,516.00 8,072.00
TSE:9708
88GF Score
Imperial Hotel Ltd TSE:9708
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Hotel 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8,072 Mil mean?
Imperial Hotel (TSE:9708) has a Construction In Progress of 円8,072 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Imperial Hotel and its competitors.
Is Imperial Hotel's Construction In Progress too high?
Imperial Hotel's current Construction In Progress is 円8,072 Mil. Overall, Imperial Hotel has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Imperial Hotel's Construction In Progress compare to MAR and HLT?
Imperial Hotel's Construction In Progress of 円8,072 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure 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 Imperial Hotel and its competitors. Imperial Hotel's current Construction In Progress is 円8,072 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Hotel stock overvalued right now?
Based on GuruFocus' analysis, Imperial Hotel (TSE:9708) is currently considered Fairly Valued. The stock's GF Value™ is 円1,089.88, compared to a current price of 円1,006.00 — trading 7.7% below its estimated fair value. The current Construction In Progress is 円8,072 Mil. Imperial Hotel's overall GF Score™ is 88/100 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 Imperial Hotel (TSE:9708), the current Construction In Progress is 円8,072 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 Imperial Hotel (TSE:9708) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Hotel stock appears to be undervalued. The current stock price of 円1,006.00 is trading 7.7% below its estimated GF Value™ of 円1,089.88. GuruFocus considers Imperial Hotel to be Fairly Valued.

Key valuation signals for TSE:9708:

  • Construction In Progress: 円8,072 Mil
  • GF Value™: 円1,089.88 vs. price of 円1,006.00 (7.7% below fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the TSE:9708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Imperial Hotel Business Description

Address 1-1, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8558
Imperial Hotel Ltd is a Japanese-based company involved in the management and operations of hotels. The company is engaged into the operations of the Imperial Hotel Tokyo, the Imperial Hotel Osaka, and the Kamikochi Imperial Hotel, where it offers a range of services such as room, meeting and banquet, lounge, and other facilities.
88GF Score

Get the complete analysis for TSE:9708

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

円1,006.00
Price
円1,089.88
GF Value