Meiji Electric Industries Co (TSE:3388) Inventories, Work In Process: 円620 Mil (As of Mar. 2026)

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TSE:3388 Meiji Electric Industries Co Ltd TSE:3388
69 GF Score
Price 円2,224.00
GF Value 円1,592.09
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Meiji Electric Industries Co Inventories, Work In Process?

Meiji Electric Industries Co TSE:3388 +0.86% 69 Inventories, Work In Process is 円620 Mil as of Mar. 2026. GuruFocus rates TSE:3388 with a GF Score™ of 69/100 and a GF Value™ of 円1,592.09 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Meiji Electric Industries Co's work in process for the quarter that ended in Mar. 2026 was 円620 Mil.

Meiji Electric Industries Co Inventories, Work In Process Historical Data

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The historical data trend for Meiji Electric Industries Co's Inventories, Work In Process 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.

Meiji Electric Industries Co Inventories, Work In Process Chart

Meiji Electric Industries Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 342.21 1,025.61 647.46 882.30 619.94

Meiji Electric Industries Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventories, Work In Process 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 647.46 893.57 882.30 888.49 619.94
TSE:3388
69GF Score
Meiji Electric Industries Co Ltd TSE:3388
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiji Electric Industries Co Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of 円620 Mil mean?
Meiji Electric Industries Co (TSE:3388) has a Inventories, Work In Process of 円620 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Meiji Electric Industries Co and its competitors.
Is Meiji Electric Industries Co's Inventories, Work In Process too high?
Meiji Electric Industries Co's current Inventories, Work In Process is 円620 Mil. Overall, Meiji Electric Industries Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Electric Industries Co's Inventories, Work In Process compare to COHR and KEYS?
Meiji Electric Industries Co's Inventories, Work In Process of 円620 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for a Hardware company?
A good Inventories, Work In Process depends on the Hardware industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Meiji Electric Industries Co and its competitors. Meiji Electric Industries Co's current Inventories, Work In Process is 円620 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Electric Industries Co (TSE:3388) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,592.09, compared to a current price of 円2,224.00 — trading 39.7% above its estimated fair value. The current Inventories, Work In Process is 円620 Mil. Meiji Electric Industries Co's overall GF Score™ is 69/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Meiji Electric Industries Co (TSE:3388), the current Inventories, Work In Process is 円620 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 Meiji Electric Industries Co (TSE:3388) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Electric Industries Co stock appears to be overvalued. The current stock price of 円2,224.00 is trading 39.7% above its estimated GF Value™ of 円1,592.09. GuruFocus considers Meiji Electric Industries Co to be Significantly Overvalued.

Key valuation signals for TSE:3388:

  • Inventories, Work In Process: 円620 Mil
  • GF Value™: 円1,592.09 vs. price of 円2,224.00 (39.7% above fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the TSE:3388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meiji Electric Industries Co Business Description

Address 2-13-8 Kamejima, Nakamura-ku, Aichi, Nagoya, JPN
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.
69GF Score

Get the complete analysis for TSE:3388

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

円2,224.00
Price
円1,592.09
GF Value