Tsuji Hongo IT Consulting Co (TSE:476A) Piotroski F-Score: 6 (As of Jul. 16, 2026) — Near Median

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TSE:476A Tsuji Hongo IT Consulting Co Ltd TSE:476A
20 GF Score
Price 円1,659.00
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What is Tsuji Hongo IT Consulting Co Piotroski F-Score?

Tsuji Hongo IT Consulting Co TSE:476A +3.04% 20 Piotroski F-Score is 6 as of Jul. 16, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:476A with a GF Score™ of 20/100. Among 1,064 Business Services companies, Tsuji Hongo IT Consulting Co ranks better than 72.09% 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

Tsuji Hongo IT Consulting 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 Tsuji Hongo IT Consulting Co's Piotroski F-Score or its related term are showing as below:

TSE:476A' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 6   Max: 6
Current: 6

During the past 3 years, the highest Piotroski F-Score of Tsuji Hongo IT Consulting Co was 6. The lowest was 6. And the median was 6.

Tsuji Hongo IT Consulting Co  (TSE:476A) 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.


Tsuji Hongo IT Consulting Co Piotroski F-Score Related Terms


Tsuji Hongo IT Consulting Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tsuji Hongo IT Consulting 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.

Tsuji Hongo IT Consulting Co Piotroski F-Score Chart

Tsuji Hongo IT Consulting Co Annual Data
Trend Sep23 Sep24 Sep25
Piotroski F-Score
N/A N/A 6.00

Tsuji Hongo IT Consulting Co Semi-Annual Data
Sep23 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score N/A N/A 0.00 6.00 0.00

TSE:476A vs VRSK, EFX, BAH: Piotroski F-Score Comparison

For the Consulting Services subindustry, Tsuji Hongo IT Consulting 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.


Tsuji Hongo IT Consulting Co Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Tsuji Hongo IT Consulting Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Tsuji Hongo IT Consulting Co's Piotroski F-Score falls into.


TSE:476A
20GF Score
Tsuji Hongo IT Consulting Co Ltd TSE:476A
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 (Sep25) TTM:Last Year (Sep24) TTM:
Net Income was 円169 Mil.
Cash Flow from Operations was 円197 Mil.
Revenue was 円2,124 Mil.
Gross Profit was 円1,132 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (1518.732 + 1672.47) / 2 = 円1595.601 Mil.
Total Assets at the begining of this year (Sep24) was 円1,519 Mil.
Long-Term Debt & Capital Lease Obligation was 円120 Mil.
Total Current Assets was 円1,276 Mil.
Total Current Liabilities was 円538 Mil.
Net Income was 円79 Mil.

Revenue was 円1,291 Mil.
Gross Profit was 円655 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (360.201 + 1518.732) / 2 = 円939.4665 Mil.
Total Assets at the begining of last year (Sep23) was 円360 Mil.
Long-Term Debt & Capital Lease Obligation was 円221 Mil.
Total Current Assets was 円1,110 Mil.
Total Current Liabilities was 円436 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.

Tsuji Hongo IT Consulting Co's current Net Income (TTM) was 169. ==> 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.

Tsuji Hongo IT Consulting Co's current Cash Flow from Operations (TTM) was 197. ==> 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 (Sep24)
=169.485/1518.732
=0.11159638

ROA (Last Year)=Net Income/Total Assets (Sep23)
=78.546/360.201
=0.21806158

Tsuji Hongo IT Consulting Co's return on assets of this year was 0.11159638. Tsuji Hongo IT Consulting Co's return on assets of last year was 0.21806158. ==> 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.

Tsuji Hongo IT Consulting Co's current Net Income (TTM) was 169. Tsuji Hongo IT Consulting Co's current Cash Flow from Operations (TTM) was 197. ==> 197 > 169 ==> 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: Sep25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep24 to Sep25
=120.135/1595.601
=0.07529138

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=220.859/939.4665
=0.23508981

Tsuji Hongo IT Consulting Co's gearing of this year was 0.07529138. Tsuji Hongo IT Consulting Co's gearing of last year was 0.23508981. ==> 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: Sep25)=Total Current Assets/Total Current Liabilities
=1275.639/538.481
=2.36895824

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=1109.638/435.689
=2.54685797

Tsuji Hongo IT Consulting Co's current ratio of this year was 2.36895824. Tsuji Hongo IT Consulting Co's current ratio of last year was 2.54685797. ==> 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.

Tsuji Hongo IT Consulting Co's number of shares in issue this year was 1.952. Tsuji Hongo IT Consulting Co's number of shares in issue last year was 1.952. ==> 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
=1132.127/2124.225
=0.53296002

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=655.082/1291.001
=0.50742176

Tsuji Hongo IT Consulting Co's gross margin of this year was 0.53296002. Tsuji Hongo IT Consulting Co's gross margin of last year was 0.50742176. ==> This year's gross margin is higher. ==> Score 1.

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 (Sep24)
=2124.225/1518.732
=1.39868324

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=1291.001/360.201
=3.58411276

Tsuji Hongo IT Consulting Co's asset turnover of this year was 1.39868324. Tsuji Hongo IT Consulting Co's asset turnover of last year was 3.58411276. ==> 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+1+1+0+1+1+0
=6

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

Tsuji Hongo IT Consulting 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?
Tsuji Hongo IT Consulting Co (TSE:476A) has a Piotroski F-Score of 6 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tsuji Hongo IT Consulting Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Tsuji Hongo IT Consulting Co's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Tsuji Hongo IT Consulting Co ranks #297 out of 1064 companies in the Business Services industry, placing it in the top 27.9%.
Is Tsuji Hongo IT Consulting Co's Piotroski F-Score too high?
Tsuji Hongo IT Consulting Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Business Services industry median Piotroski F-Score is 5.00. Tsuji Hongo IT Consulting Co's value of 6 is 20% above this industry median. Based on the distribution chart, Tsuji Hongo IT Consulting Co ranks #297 out of 1064 companies in the Business Services industry, which is above the industry midpoint. Overall, Tsuji Hongo IT Consulting Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Tsuji Hongo IT Consulting Co's Piotroski F-Score compare to VRSK and EFX?
According to the Business Services industry distribution chart, Tsuji Hongo IT Consulting Co ranks #297 out of 1064 companies for Piotroski F-Score. This puts Tsuji Hongo IT Consulting Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Tsuji Hongo IT Consulting Co's value of 6 is 20% above this benchmark. Historically, Tsuji Hongo IT Consulting Co's own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Tsuji Hongo IT Consulting 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 1,064 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. Tsuji Hongo IT Consulting 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 Tsuji Hongo IT Consulting 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. Tsuji Hongo IT Consulting Co's current Piotroski F-Score is 6, which is near 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 Tsuji Hongo IT Consulting Co stock overvalued right now?
Tsuji Hongo IT Consulting Co (TSE:476A) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Business Services industry median of 5.00. Tsuji Hongo IT Consulting Co's overall GF Score™ is 20/100. 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 Tsuji Hongo IT Consulting Co (TSE:476A), the current Piotroski F-Score is 6 as of Jul. 16, 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.

Tsuji Hongo IT Consulting Co Business Description

Address 1-36-4 Yoyogi, Zenriren Building 5th floor, Shibuya-ku, Tokyo, JPN, 151-0053
Tsuji Hongo IT Consulting Co Ltd is principally into offering consulting services for the general business management department. The company is also into software and hardware sales/implementation support, accounting/human resources outsourcing, inheritance for individuals, and development and operation of web services for accounting firms.
20GF Score

Get the complete analysis for TSE:476A

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

円1,659.00
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