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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. Nitto Kogyo's work in process for the quarter that ended in Mar. 2026 was 円5,315 Mil.
Nitto Kogyo Inventories, Work In Process Historical Data
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The historical data trend for Nitto Kogyo'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.
Nitto Kogyo 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5,315 Mil mean?
Nitto Kogyo (TSE:6651) has a Inventories, Work In Process of 円5,315 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Nitto Kogyo and its competitors.
Is Nitto Kogyo's Inventories, Work In Process too high?
Nitto Kogyo's current Inventories, Work In Process is 円5,315 Mil. Overall, Nitto Kogyo has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Kogyo's Inventories, Work In Process compare to VRT and BE?
Nitto Kogyo's Inventories, Work In Process of 円5,315 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventories, Work In Process depends on the Industrial Products 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 Nitto Kogyo and its competitors. Nitto Kogyo's current Inventories, Work In Process is 円5,315 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kogyo stock overvalued right now?
Based on GuruFocus' analysis, Nitto Kogyo (TSE:6651) is currently considered Fairly Valued. The stock's GF Value™ is 円4,314.22, compared to a current price of 円4,360.00 — trading 1.1% above its estimated fair value. The current Inventories, Work In Process is 円5,315 Mil. Nitto Kogyo's overall GF Score™ is 94/100 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 Nitto Kogyo (TSE:6651), the current Inventories, Work In Process is 円5,315 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 Nitto Kogyo (TSE:6651) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Kogyo stock appears to be overvalued.
The current stock price of 円4,360.00 is trading 1.1% above its estimated GF Value™ of 円4,314.22.
GuruFocus considers Nitto Kogyo to be Fairly Valued.
Key valuation signals for TSE:6651:
Inventories, Work In Process: 円5,315 Mil
GF Value™: 円4,314.22 vs. price of 円4,360.00 (1.1% above fair value)
No single metric tells the full story. See the TSE:6651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.
94GF Score
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