Step Co (TSE:9795) Construction In Progress: 円695 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:9795 Step Co Ltd TSE:9795
74 GF Score
Price 円2,301.00
GF Value 円2,370.78
Valuation Fairly Valued
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What is Step Co Construction In Progress?

Step Co TSE:9795 +0.22% 74 Construction In Progress is 円695 Mil as of Mar. 2026. GuruFocus rates TSE:9795 with a GF Score™ of 74/100 and a GF Value™ of 円2,370.78 (Fairly Valued).

Step Co's quarterly construction in progress stayed the same from Sep. 2025 (円0 Mil) to Dec. 2025 (円0 Mil) but then increased from Dec. 2025 (円0 Mil) to Mar. 2026 (円695 Mil).

Step Co Construction In Progress Historical Data

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The historical data trend for Step 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.

Step Co Construction In Progress Chart

Step Co 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 0.00 18.49 0.00 0.00 0.00

Step Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 660.95 0.00 0.00 0.00 694.71
TSE:9795
74GF Score
Step Co Ltd TSE:9795
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Step 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695 Mil mean?
Step Co (TSE:9795) has a Construction In Progress of 円695 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Step Co and its competitors.
Is Step Co's Construction In Progress too high?
Step Co's current Construction In Progress is 円695 Mil. Overall, Step Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Step Co's Construction In Progress compare to EDU and TAL?
Step Co's Construction In Progress of 円695 Mil can be compared against companies in the Education 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 Education company?
A good Construction In Progress depends on the Education 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 Step Co and its competitors. Step Co's current Construction In Progress is 円695 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Co stock overvalued right now?
Based on GuruFocus' analysis, Step Co (TSE:9795) is currently considered Fairly Valued. The stock's GF Value™ is 円2,370.78, compared to a current price of 円2,301.00 — trading 2.9% below its estimated fair value. The current Construction In Progress is 円695 Mil. Step Co's overall GF Score™ is 74/100. 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 Step Co (TSE:9795), the current Construction In Progress is 円695 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 Step Co (TSE:9795) Overvalued in 2026?

Based on GuruFocus' analysis, Step Co stock appears to be undervalued. The current stock price of 円2,301.00 is trading 2.9% below its estimated GF Value™ of 円2,370.78. GuruFocus considers Step Co to be Fairly Valued.

Key valuation signals for TSE:9795:

  • Construction In Progress: 円695 Mil
  • GF Value™: 円2,370.78 vs. price of 円2,301.00 (2.9% below fair value)
  • GF Score™: 74/100

No single metric tells the full story. See the TSE:9795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Step Co Business Description

Address Fujisawa 602, Kanagawa Prefecture, Fujisawa, JPN, 251-0052
Step Co Ltd is a Japan-based company engaged in the operation of private preparatory schools. The company operates cram schools and after-school care facilities, and produces and edits educational materials, as well as prints and binds books. The company is engaged in providing high school entrance exam preparation courses, Teaching Materials Research Division produces manuscripts and original plates for teaching materials, academic programs, physical education, and shogi (Japanese chess), and other activities.
74GF Score

Get the complete analysis for TSE:9795

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

円2,301.00
Price
円2,370.78
GF Value