ispace (TSE:9348) Inventories, Work In Process: 円29 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:9348 ispace inc TSE:9348
63 GF Score
Price 円440.00
GF Value 円685.68
Valuation Possible Value Trap
! 4 Warning Signs
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What is ispace Inventories, Work In Process?

ispace TSE:9348 -0.45% 63 Inventories, Work In Process is 円29 Mil as of Mar. 2026. GuruFocus rates TSE:9348 with a GF Score™ of 63/100 and a GF Value™ of 円685.68 (Possible Value Trap). The stock has 4 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. ispace's work in process for the quarter that ended in Mar. 2026 was 円29 Mil.

ispace Inventories, Work In Process Historical Data

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The historical data trend for ispace'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.

ispace Inventories, Work In Process Chart

ispace Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
Get a 7-Day Free Trial 59.71 107.40 274.77 255.89 28.90

ispace Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 255.89 261.64 290.46 265.11 28.90
TSE:9348
63GF Score
ispace inc TSE:9348
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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ispace 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29 Mil mean?
ispace (TSE:9348) has a Inventories, Work In Process of 円29 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on ispace and its competitors.
Is ispace's Inventories, Work In Process too high?
ispace's current Inventories, Work In Process is 円29 Mil. Overall, ispace has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ispace's Inventories, Work In Process compare to SNDK and DELL?
ispace's Inventories, Work In Process of 円29 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 ispace and its competitors. ispace's current Inventories, Work In Process is 円29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ispace stock overvalued right now?
Based on GuruFocus' analysis, ispace (TSE:9348) is currently considered Possible Value Trap. The stock's GF Value™ is 円685.68, compared to a current price of 円440.00 — trading 35.8% below its estimated fair value. The current Inventories, Work In Process is 円29 Mil. ispace's overall GF Score™ is 63/100 with 4 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 ispace (TSE:9348), the current Inventories, Work In Process is 円29 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 ispace (TSE:9348) Overvalued in 2026?

Based on GuruFocus' analysis, ispace stock appears to be undervalued. The current stock price of 円440.00 is trading 35.8% below its estimated GF Value™ of 円685.68. GuruFocus considers ispace to be Possible Value Trap.

Key valuation signals for TSE:9348:

  • Inventories, Work In Process: 円29 Mil
  • GF Value™: 円685.68 vs. price of 円440.00 (35.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the TSE:9348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ispace Business Description

Other Exchanges IPCEF:USA7VO:Germany
Address 3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.
63GF Score

Get the complete analysis for TSE:9348

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

円440.00
Price
円685.68
GF Value