Kimura Unity Co (NGO:9368) Piotroski F-Score: 6 (As of Jul. 01, 2026) — 14% Below Median


NGO:9368 Kimura Unity Co Ltd NGO:9368
85 GF Score
Price 円803.00
GF Value 円824.00
! 1 Warning Sign
View Full Analysis

What is Kimura Unity Co Piotroski F-Score?

Kimura Unity Co NGO:9368 85 Piotroski F-Score is 6 as of Jul. 01, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates NGO:9368 with a GF Score™ of 85/100 and a GF Value™ of 円824.00. The stock has 1 warning sign investors should review. Among 1,063 Business Services companies, Kimura Unity Co ranks better than 72.06% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Kimura Unity Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Kimura Unity Co's Piotroski F-Score or its related term are showing as below:

NGO:9368' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Kimura Unity Co was 8. The lowest was 5. And the median was 7.

Kimura Unity Co  (NGO:9368) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Kimura Unity Co Piotroski F-Score Related Terms


Kimura Unity Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kimura Unity Co's Piotroski F-Score 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.

Kimura Unity Co Piotroski F-Score Chart

Kimura Unity Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 8.00 6.00 6.00

Kimura Unity Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score 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 8.00 0.00 6.00 0.00 6.00

NGO:9368 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Kimura Unity Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kimura Unity Co Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Kimura Unity Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Kimura Unity Co's Piotroski F-Score falls into.


NGO:9368
85GF Score
Kimura Unity Co Ltd NGO:9368
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 円3,203 Mil.
Cash Flow from Operations was 円3,674 Mil.
Revenue was 円64,546 Mil.
Gross Profit was 円12,922 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (64549 + 71341) / 2 = 円67945 Mil.
Total Assets at the begining of this year (Mar25) was 円64,549 Mil.
Long-Term Debt & Capital Lease Obligation was 円894 Mil.
Total Current Assets was 円31,262 Mil.
Total Current Liabilities was 円14,922 Mil.
Net Income was 円3,300 Mil.

Revenue was 円61,129 Mil.
Gross Profit was 円12,424 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (64711 + 64549) / 2 = 円64630 Mil.
Total Assets at the begining of last year (Mar24) was 円64,711 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,954 Mil.
Total Current Assets was 円29,169 Mil.
Total Current Liabilities was 円13,507 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Kimura Unity Co's current Net Income (TTM) was 3,203. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Kimura Unity Co's current Cash Flow from Operations (TTM) was 3,674. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=3203/64549
=0.04962122

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3300/64711
=0.05099597

Kimura Unity Co's return on assets of this year was 0.04962122. Kimura Unity Co's return on assets of last year was 0.05099597. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Kimura Unity Co's current Net Income (TTM) was 3,203. Kimura Unity Co's current Cash Flow from Operations (TTM) was 3,674. ==> 3,674 > 3,203 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=894/67945
=0.0131577

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2954/64630
=0.04570633

Kimura Unity Co's gearing of this year was 0.0131577. Kimura Unity Co's gearing of last year was 0.04570633. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=31262/14922
=2.09502748

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=29169/13507
=2.1595469

Kimura Unity Co's current ratio of this year was 2.09502748. Kimura Unity Co's current ratio of last year was 2.1595469. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Kimura Unity Co's number of shares in issue this year was 41.113. Kimura Unity Co's number of shares in issue last year was 42.583. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=12922/64546
=0.20019831

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=12424/61129
=0.20324232

Kimura Unity Co's gross margin of this year was 0.20019831. Kimura Unity Co's gross margin of last year was 0.20324232. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=64546/64549
=0.99995352

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=61129/64711
=0.9446462

Kimura Unity Co's asset turnover of this year was 0.99995352. Kimura Unity Co's asset turnover of last year was 0.9446462. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+1+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Kimura Unity Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Kimura Unity Co (NGO:9368) has a Piotroski F-Score of 6 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kimura Unity Co and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Kimura Unity Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Kimura Unity Co ranks #297 out of 1063 companies in the Business Services industry, placing it in the top 27.9%.
Is Kimura Unity Co's Piotroski F-Score too high?
Kimura Unity Co's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Kimura Unity Co's value of 6 is 20% above this industry median. Based on the distribution chart, Kimura Unity Co ranks #297 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, Kimura Unity Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Kimura Unity Co's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Kimura Unity Co ranks #297 out of 1063 companies for Piotroski F-Score. This puts Kimura Unity Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kimura Unity Co's value of 6 is 20% above this benchmark. Historically, Kimura Unity Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Kimura Unity Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kimura Unity Co's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kimura Unity Co and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kimura Unity Co's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kimura Unity Co stock overvalued right now?
Kimura Unity Co (NGO:9368) has a current Piotroski F-Score of 6. The stock's GF Value™ is 円824.00, compared to a current price of 円803.00 — trading 2.5% below its estimated fair value. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Business Services industry median of 5.00. Kimura Unity Co's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Kimura Unity Co (NGO:9368), the current Piotroski F-Score is 6 as of Jul. 01, 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 Kimura Unity Co (NGO:9368) Overvalued in 2026?

Based on GuruFocus' analysis, Kimura Unity Co stock appears to be undervalued. The current stock price of 円803.00 is trading 2.5% below its estimated GF Value™ of 円824.00.

Key valuation signals for NGO:9368:

  • Piotroski F-Score: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: 円824.00 vs. price of 円803.00 (2.5% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 20% above the Business Services median (#297 of 1063)

No single metric tells the full story. See the NGO:9368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kimura Unity Co Business Description

Other Exchanges 9368:Japan
Address 8-32 Nishiki 3-chome, Naka-ku, Aichi Prefecture, Nagoya, JPN, 460-0003
Kimura Unity Co Ltd provides business services. It offers Logistics services, Automobile services, Information service, and Personnel Services. The company's services include packaging business, forwarding business, traffic safety service business, auto sales business, vehicle maintenance business, parking services, insurance agency business, and others.
85GF Score

Get the complete analysis for NGO:9368

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円803.00
Price
円824.00
GF Value