Belluna Co (TSE:9997) Construction In Progress: 円8,845 Mil (As of Mar. 2026)


TSE:9997 Belluna Co Ltd TSE:9997
65 GF Score
Price 円959.00
GF Value 円805.77
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Belluna Co Construction In Progress?

Belluna Co TSE:9997 +1.37% 65 Construction In Progress is 円8,845 Mil as of Mar. 2026. GuruFocus rates TSE:9997 with a GF Score™ of 65/100 and a GF Value™ of 円805.77 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Belluna Co's quarterly construction in progress declined from Sep. 2025 (円5,852 Mil) to Dec. 2025 (円5,493 Mil) but then increased from Dec. 2025 (円5,493 Mil) to Mar. 2026 (円8,845 Mil).

Belluna Co's annual construction in progress declined from Mar. 2024 (円12,605 Mil) to Mar. 2025 (円2,823 Mil) but then increased from Mar. 2025 (円2,823 Mil) to Mar. 2026 (円8,845 Mil).

Belluna Co Construction In Progress Historical Data

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The historical data trend for Belluna 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.

Belluna Co Construction In Progress Chart

Belluna 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 13,803.00 30,027.00 12,605.00 2,823.00 8,845.00

Belluna 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 2,823.00 5,589.00 5,852.00 5,493.00 8,845.00
TSE:9997
65GF Score
Belluna Co Ltd TSE:9997
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Belluna 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8,845 Mil mean?
Belluna Co (TSE:9997) has a Construction In Progress of 円8,845 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Belluna Co and its competitors.
Is Belluna Co's Construction In Progress too high?
Belluna Co's current Construction In Progress is 円8,845 Mil. Overall, Belluna Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Belluna Co's Construction In Progress compare to CASY and WSM?
Belluna Co's Construction In Progress of 円8,845 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Construction In Progress depends on the Retail - Cyclical 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 Belluna Co and its competitors. Belluna Co's current Construction In Progress is 円8,845 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belluna Co stock overvalued right now?
Based on GuruFocus' analysis, Belluna Co (TSE:9997) is currently considered Modestly Overvalued. The stock's GF Value™ is 円805.77, compared to a current price of 円959.00 — trading 19% above its estimated fair value. The current Construction In Progress is 円8,845 Mil. Belluna Co's overall GF Score™ is 65/100 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 Belluna Co (TSE:9997), the current Construction In Progress is 円8,845 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 Belluna Co (TSE:9997) Overvalued in 2026?

Based on GuruFocus' analysis, Belluna Co stock appears to be overvalued. The current stock price of 円959.00 is trading 19% above its estimated GF Value™ of 円805.77. GuruFocus considers Belluna Co to be Modestly Overvalued.

Key valuation signals for TSE:9997:

  • Construction In Progress: 円8,845 Mil
  • GF Value™: 円805.77 vs. price of 円959.00 (19% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the TSE:9997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Belluna Co Business Description

Other Exchanges 73L:Germany
Address 4-2 Miyamoto-cho, Ageo City, Saitama, JPN, 362-8688
Belluna Co Ltd is primarily a mail-order retailer that sells a wide range of products, including apparel, home furnishings, food, wine, cosmetics, health food, and nursing supplies through catalogs and e-commerce sites. More than 80% of the company's sales come from its mail-order business. Remaining revenue comes from its apparel retail stores; its solution business, which offers outsourced services for Belluna's corporate clients; its finance business, which offers financing services that target mail-order customers; and its property business, which leases office and commercial space and engages in property development. Nearly all the company's sales are in Japan.
65GF 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959.00
Price
円805.77
GF Value