Kuriyama Holdings (TSE:3355) Piotroski F-Score: 3 (As of Jul. 14, 2026) — 50% Below Median

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TSE:3355 Kuriyama Holdings Corp TSE:3355
71 GF Score
Price 円1,617.00
GF Value 円823.61
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kuriyama Holdings Piotroski F-Score?

Kuriyama Holdings TSE:3355 +1.00% 71 Piotroski F-Score is 3 as of Jul. 14, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates TSE:3355 with a GF Score™ of 71/100 and a GF Value™ of 円823.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 151 Industrial Distribution companies, Kuriyama Holdings ranks worse than 88.74% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Kuriyama Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

TSE:3355' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of Kuriyama Holdings was 8. The lowest was 3. And the median was 6.

Kuriyama Holdings  (TSE:3355) 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.


Kuriyama Holdings Piotroski F-Score Related Terms


Kuriyama Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kuriyama Holdings'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.

Kuriyama Holdings Piotroski F-Score Chart

Kuriyama Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 3.00 6.00 5.00 3.00

Kuriyama Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.00 5.00 4.00 3.00 3.00

TSE:3355 vs GWW, FAST, FERG: Piotroski F-Score Comparison

For the Industrial Distribution subindustry, Kuriyama Holdings'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.


Kuriyama Holdings Piotroski F-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Kuriyama Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Kuriyama Holdings's Piotroski F-Score falls into.


TSE:3355
71GF Score
Kuriyama Holdings Corp TSE:3355
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 1472.156 + 0 + 0 + 958.194 = 円2,430 Mil.
Cash Flow from Operations was 1415.496 + 0 + 0 + 246.777 = 円1,662 Mil.
Revenue was 22645.507 + 0 + 0 + 25643.331 = 円48,289 Mil.
Gross Profit was 6742.992 + 0 + 0 + 7699.304 = 円14,442 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(78217.947 + 84708.116 + 86877.29 + 89795.551 + 91987.833) / 5 = 円86317.3474 Mil.
Total Assets at the begining of this year (Mar25) was 円78,218 Mil.
Long-Term Debt & Capital Lease Obligation was 円15,498 Mil.
Total Current Assets was 円54,136 Mil.
Total Current Liabilities was 円22,324 Mil.
Net Income was 994.299 + 1115.037 + 0 + 1164.76 = 円3,274 Mil.

Revenue was 20009.846 + 20316.487 + 0 + 20639.096 = 円60,965 Mil.
Gross Profit was 6318.159 + 6498.968 + 0 + 6709.616 = 円19,527 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Mar25) was
(64537.807 + 71150.016 + 73480.871 + 70781.342 + 78217.947) / 5 = 円71633.5966 Mil.
Total Assets at the begining of last year (Dec23) was 円64,538 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,100 Mil.
Total Current Assets was 円49,322 Mil.
Total Current Liabilities was 円22,960 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.

Kuriyama Holdings's current Net Income (TTM) was 2,430. ==> 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.

Kuriyama Holdings's current Cash Flow from Operations (TTM) was 1,662. ==> 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)
=2430.35/78217.947
=0.03107151

ROA (Last Year)=Net Income/Total Assets (Dec23)
=3274.096/64537.807
=0.05073144

Kuriyama Holdings's return on assets of this year was 0.03107151. Kuriyama Holdings's return on assets of last year was 0.05073144. ==> 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.

Kuriyama Holdings's current Net Income (TTM) was 2,430. Kuriyama Holdings's current Cash Flow from Operations (TTM) was 1,662. ==> 1,662 <= 2,430 ==> CFROA <= ROA ==> Score 0.

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
=15497.839/86317.3474
=0.17954489

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Mar25
=2099.901/71633.5966
=0.02931447

Kuriyama Holdings's gearing of this year was 0.17954489. Kuriyama Holdings's gearing of last year was 0.02931447. ==> Last year is lower than this year ==> Score 0.

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
=54135.927/22323.765
=2.4250357

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=49321.652/22960.184
=2.14813836

Kuriyama Holdings's current ratio of this year was 2.4250357. Kuriyama Holdings's current ratio of last year was 2.14813836. ==> This year's current ratio is higher. ==> Score 1.

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.

Kuriyama Holdings's number of shares in issue this year was 19.72. Kuriyama Holdings's number of shares in issue last year was 19.652. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=14442.296/48288.838
=0.29908146

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=19526.743/60965.429
=0.32029206

Kuriyama Holdings's gross margin of this year was 0.29908146. Kuriyama Holdings's gross margin of last year was 0.32029206. ==> 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)
=48288.838/78217.947
=0.61736264

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=60965.429/64537.807
=0.94464674

Kuriyama Holdings's asset turnover of this year was 0.61736264. Kuriyama Holdings's asset turnover of last year was 0.94464674. ==> Last year's asset turnover is higher ==> Score 0.

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+0+0+1+0+0+0
=3

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

Kuriyama Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Kuriyama Holdings (TSE:3355) has a Piotroski F-Score of 3 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kuriyama Holdings and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Kuriyama Holdings' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Kuriyama Holdings ranks #134 out of 151 companies in the Industrial Distribution industry, placing it in the top 88.7%.
Is Kuriyama Holdings' Piotroski F-Score too high?
Kuriyama Holdings' current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Distribution industry median Piotroski F-Score is 6.00. Kuriyama Holdings' value of 3 is 50% below this industry median. Based on the distribution chart, Kuriyama Holdings ranks #134 out of 151 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Kuriyama Holdings has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kuriyama Holdings' Piotroski F-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Kuriyama Holdings ranks #134 out of 151 companies for Piotroski F-Score. This places Kuriyama Holdings in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Kuriyama Holdings' value of 3 is 50% below this benchmark. Historically, Kuriyama Holdings' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Kuriyama Holdings has consistently been below 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 an Industrial Distribution company?
The median Piotroski F-Score among Industrial Distribution companies is 6.00, based on 151 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. Kuriyama Holdings's current Piotroski F-Score of 3 is 50% below 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 Kuriyama Holdings and its competitors. For the Industrial Distribution industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuriyama Holdings's current Piotroski F-Score is 3, which is 50% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuriyama Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kuriyama Holdings (TSE:3355) is currently considered Significantly Overvalued. The stock's GF Value™ is 円823.61, compared to a current price of 円1,617.00 — trading 96.3% above its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 50% below the Industrial Distribution industry median of 6.00. Kuriyama Holdings' overall GF Score™ is 71/100 with 5 warning signs 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 Kuriyama Holdings (TSE:3355), the current Piotroski F-Score is 3 as of Jul. 14, 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 Kuriyama Holdings (TSE:3355) Overvalued in 2026?

Based on GuruFocus' analysis, Kuriyama Holdings stock appears to be overvalued. The current stock price of 円1,617.00 is trading 96.3% above its estimated GF Value™ of 円823.61. GuruFocus considers Kuriyama Holdings to be Significantly Overvalued.

Key valuation signals for TSE:3355:

  • Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
  • GF Value™: 円823.61 vs. price of 円1,617.00 (96.3% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 50% below the Industrial Distribution median (#134 of 151)

No single metric tells the full story. See the TSE:3355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuriyama Holdings Business Description

Address 1-3-7 Shiromi, Chuo-ku, Matsushita IMP Building 25th Floor, Cyuo-Ku, Osaka, JPN, 540-6325
Kuriyama Holdings Corp specializes mainly in the sale and application of rubber and plastic components for corporate customers not only in Japan but also overseas. It is engaged in the manufacture, sale, and construction of materials for industrial, construction, and sports facilities, mainly made of rubber and synthetic resin products. The segments of the company are: North American, Business Industrial Materials Business, Sports and construction materials business, European, South American, and Oceania operations; and Other businesses.
71GF Score

Get the complete analysis for TSE:3355

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

円1,617.00
Price
円823.61
GF Value