Nippon Gear Co (TSE:6356) Inventories, Work In Process: 円313 Mil (As of Mar. 2026)

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TSE:6356 Nippon Gear Co Ltd TSE:6356
71 GF Score
Price 円1,303.00
GF Value 円590.21
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nippon Gear Co Inventories, Work In Process?

Nippon Gear Co TSE:6356 +0.31% 71 Inventories, Work In Process is 円313 Mil as of Mar. 2026. GuruFocus rates TSE:6356 with a GF Score™ of 71/100 and a GF Value™ of 円590.21 (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. Nippon Gear Co's work in process for the quarter that ended in Mar. 2026 was 円313 Mil.

Nippon Gear Co Inventories, Work In Process Historical Data

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The historical data trend for Nippon Gear 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.

Nippon Gear Co Inventories, Work In Process Chart

Nippon Gear 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 258.14 397.81 576.72 390.39 313.27

Nippon Gear Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 372.47 401.61 333.22 313.27 295.22
TSE:6356
71GF Score
Nippon Gear Co Ltd TSE:6356
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Gear 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313 Mil mean?
Nippon Gear Co (TSE:6356) has a Inventories, Work In Process of 円313 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Nippon Gear Co and its competitors.
Is Nippon Gear Co's Inventories, Work In Process too high?
Nippon Gear Co's current Inventories, Work In Process is 円313 Mil. Overall, Nippon Gear Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gear Co's Inventories, Work In Process compare to ORLY and AZO?
Nippon Gear Co's Inventories, Work In Process of 円313 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventories, Work In Process depends on the Vehicles & Parts 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 Nippon Gear Co and its competitors. Nippon Gear Co's current Inventories, Work In Process is 円313 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gear Co (TSE:6356) is currently considered Significantly Overvalued. The stock's GF Value™ is 円590.21, compared to a current price of 円1,303.00 — trading 120.8% above its estimated fair value. The current Inventories, Work In Process is 円313 Mil. Nippon Gear Co's overall GF Score™ is 71/100 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 Nippon Gear Co (TSE:6356), the current Inventories, Work In Process is 円313 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 Nippon Gear Co (TSE:6356) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Gear Co stock appears to be overvalued. The current stock price of 円1,303.00 is trading 120.8% above its estimated GF Value™ of 円590.21. GuruFocus considers Nippon Gear Co to be Significantly Overvalued.

Key valuation signals for TSE:6356:

  • Inventories, Work In Process: 円313 Mil
  • GF Value™: 円590.21 vs. price of 円1,303.00 (120.8% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSE:6356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Gear Co Business Description

Address 1-7-14 Nishi-Shinbashi, 2nd Floor, Keihanshin Toranomon Building, Tokyo, JPN, 252-0811
Nippon Gear Co Ltd is engaged in the design, production, and sale of valve actuators, high-speed gear drivers, mixers, screw jacks, monitoring equipment, data communication equipment, control equipment, and software. It offers valve actuators for a range of applications in petroleum, nuclear, generating plants, and water/sewer pipelines; jacks for use in lifting/lowering, inclines, pulling, opening/closing, adjustment, and holding; gear drives for power plant, chemical plant, wastewater treatment plant, and other applications; and gears for automotive, railroad, industrial machine, and other industries.
71GF Score

Get the complete analysis for TSE:6356

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

円1,303.00
Price
円590.21
GF Value