Project Holdings (TSE:9246) Total Liabilities: 円2,372 Mil (As of Dec. 2025)

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:9246 Project Holdings Inc TSE:9246
77 GF Score
Price 円1,010.00
GF Value 円1,749.60
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Project Holdings Total Liabilities?

Project Holdings TSE:9246 -1.46% 77 Total Liabilities is 円2,372 Mil as of Dec. 2025. GuruFocus rates TSE:9246 with a GF Score™ of 77/100 and a GF Value™ of 円1,749.60 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Project Holdings's Total Liabilities for the quarter that ended in Dec. 2025 was 円2,372 Mil.

Project Holdings's quarterly Total Liabilities declined from Jun. 2025 (円2,817.57 Mil) to Sep. 2025 (円2,621.07 Mil) and declined from Sep. 2025 (円2,621.07 Mil) to Dec. 2025 (円2,372.42 Mil).

Project Holdings's annual Total Liabilities increased from Dec. 2023 (円3,059.10 Mil) to Dec. 2024 (円3,298.53 Mil) but then declined from Dec. 2024 (円3,298.53 Mil) to Dec. 2025 (円2,372.42 Mil).


Project Holdings Total Liabilities Historical Data

* Premium members only.

The historical data trend for Project Holdings's Total Liabilities 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.

Project Holdings Total Liabilities Chart

Project Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial 696.37 1,480.05 3,059.10 3,298.53 2,372.42

Project Holdings Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities 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 2,982.16 2,817.57 2,621.07 2,372.42 2,141.66
TSE:9246
77GF Score
Project Holdings Inc TSE:9246
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Project Holdings Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Project Holdings's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1495.62+(735.968+55.014
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+85.821)
=2,372

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=4632.541-2260.118
=2,372

Project Holdings's Total Liabilities for the quarter that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1495.62+(735.968+55.014
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+85.821)
=2,372

Total Liabilities=Total Assets (Q: Dec. 2025 )-Total Equity (Q: Dec. 2025 )
=4632.541-2260.118
=2,372

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of 円2,372 Mil mean?
Project Holdings (TSE:9246) has a Total Liabilities of 円2,372 Mil as of Dec. 2025. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Project Holdings and its competitors.
Is Project Holdings' Total Liabilities too high?
Project Holdings' current Total Liabilities is 円2,372 Mil. Overall, Project Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Project Holdings' Total Liabilities compare to VRSK and EFX?
Project Holdings' Total Liabilities of 円2,372 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Business Services company?
A good Total Liabilities depends on the Business Services industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Project Holdings and its competitors. Project Holdings's current Total Liabilities is 円2,372 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Holdings stock overvalued right now?
Based on GuruFocus' analysis, Project Holdings (TSE:9246) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,749.60, compared to a current price of 円1,010.00 — trading 42.3% below its estimated fair value. The current Total Liabilities is 円2,372 Mil. Project Holdings' overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Project Holdings (TSE:9246), the current Total Liabilities is 円2,372 Mil as of Dec. 2025. 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 Project Holdings (TSE:9246) Overvalued in 2026?

Based on GuruFocus' analysis, Project Holdings stock appears to be undervalued. The current stock price of 円1,010.00 is trading 42.3% below its estimated GF Value™ of 円1,749.60. GuruFocus considers Project Holdings to be Significantly Undervalued.

Key valuation signals for TSE:9246:

  • Total Liabilities: 円2,372 Mil
  • GF Value™: 円1,749.60 vs. price of 円1,010.00 (42.3% below fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the TSE:9246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Project Holdings Business Description

Address 1-3-1 Azabudai, 24th Floor, Azabudai Hills Mori JP Tower, Minato-ku, Tokyo, JPN, 106-0041
Project Holdings Inc is engaged in providing consulting services for new business development and the reform of existing businesses through the use of digital technologies. The company plans digital marketing strategies and improves the UI/UX of smartphone applications. Its services include business solutions, marketing solutions, and UI/UX solutions.
77GF Score

Get the complete analysis for TSE:9246

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

円1,010.00
Price
円1,749.60
GF Value