Innovation (TSE:3970) Inventories, Work In Process: 円21 Mil (As of Mar. 2026)

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TSE:3970 Innovation Inc TSE:3970
62 GF Score
Price 円774.00
GF Value 円1,647.57
Valuation Possible Value Trap
! 5 Warning Signs
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What is Innovation Inventories, Work In Process?

Innovation TSE:3970 +0.13% 62 Inventories, Work In Process is 円21 Mil as of Mar. 2026. GuruFocus rates TSE:3970 with a GF Score™ of 62/100 and a GF Value™ of 円1,647.57 (Possible Value Trap). The stock has 5 warning signs 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. Innovation's work in process for the quarter that ended in Mar. 2026 was 円21 Mil.

Innovation Inventories, Work In Process Historical Data

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The historical data trend for Innovation'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.

Innovation Inventories, Work In Process Chart

Innovation 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 0.00 0.00 0.00 38.95 21.09

Innovation 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 0.00 0.00 38.95 31.67 21.09
TSE:3970
62GF Score
Innovation Inc TSE:3970
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovation 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21 Mil mean?
Innovation (TSE:3970) has a Inventories, Work In Process of 円21 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Innovation and its competitors.
Is Innovation's Inventories, Work In Process too high?
Innovation's current Inventories, Work In Process is 円21 Mil. Overall, Innovation has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Innovation's Inventories, Work In Process compare to IBM and ACN?
Innovation's Inventories, Work In Process of 円21 Mil can be compared against companies in the Software 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 Software company?
A good Inventories, Work In Process depends on the Software 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 Innovation and its competitors. Innovation's current Inventories, Work In Process is 円21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovation stock overvalued right now?
Based on GuruFocus' analysis, Innovation (TSE:3970) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,647.57, compared to a current price of 円774.00 — trading 53% below its estimated fair value. The current Inventories, Work In Process is 円21 Mil. Innovation's overall GF Score™ is 62/100 with 5 warning signs 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 Innovation (TSE:3970), the current Inventories, Work In Process is 円21 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 Innovation (TSE:3970) Overvalued in 2026?

Based on GuruFocus' analysis, Innovation stock appears to be undervalued. The current stock price of 円774.00 is trading 53% below its estimated GF Value™ of 円1,647.57. GuruFocus considers Innovation to be Possible Value Trap.

Key valuation signals for TSE:3970:

  • Inventories, Work In Process: 円21 Mil
  • GF Value™: 円1,647.57 vs. price of 円774.00 (53% below fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the TSE:3970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Innovation Business Description

Address 3-10-13 Shibuya, Shibuya R Building, 3rd floor Shibuya-ku, Tokyo, JPN, 150-0002
Innovation Inc provides information technology services. Its services divided into three categories; online media services, marketing automation services, online negotiation service. Its products include online media services and cloud services.
62GF Score

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

円774.00
Price
円1,647.57
GF Value