Fusic Co (TSE:5256) Piotroski F-Score: 7 (As of Jun. 28, 2026) — Near Median


TSE:5256 Fusic Co Ltd TSE:5256
43 GF Score
Price 円2,230.00
! 1 Warning Sign
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What is Fusic Co Piotroski F-Score?

Fusic Co TSE:5256 -1.93% 43 Piotroski F-Score is 7 as of Jun. 28, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:5256 with a GF Score™ of 43/100. The stock has 1 warning sign investors should review. Among 2,744 Software companies, Fusic Co ranks better than 91.8% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Fusic Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:5256' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 7
Current: 7

During the past 5 years, the highest Piotroski F-Score of Fusic Co was 7. The lowest was 4. And the median was 7.

Fusic Co  (TSE:5256) 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.


Fusic Co Piotroski F-Score Related Terms


Fusic Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fusic 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.

Fusic Co Piotroski F-Score Chart

Fusic Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 7.00 4.00 7.00

Fusic Co Quarterly Data
Jun21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.00 0.00 7.00 0.00 0.00

TSE:5256 vs CRM, SHOP, UBER: Piotroski F-Score Comparison

For the Software - Application subindustry, Fusic 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.


Fusic Co Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Fusic Co's Piotroski F-Score distribution charts can be found below:

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


TSE:5256
43GF Score
Fusic Co Ltd TSE:5256
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was 円194 Mil.
Cash Flow from Operations was 円135 Mil.
Revenue was 円1,952 Mil.
Gross Profit was 円773 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (1437.92 + 1569.831) / 2 = 円1503.8755 Mil.
Total Assets at the begining of this year (Jun24) was 円1,438 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円1,333 Mil.
Total Current Liabilities was 円404 Mil.
Net Income was 円155 Mil.

Revenue was 円1,798 Mil.
Gross Profit was 円666 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (1232.382 + 1437.92) / 2 = 円1335.151 Mil.
Total Assets at the begining of last year (Jun23) was 円1,232 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円1,217 Mil.
Total Current Liabilities was 円442 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.

Fusic Co's current Net Income (TTM) was 194. ==> 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.

Fusic Co's current Cash Flow from Operations (TTM) was 135. ==> 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 (Jun24)
=193.948/1437.92
=0.13488094

ROA (Last Year)=Net Income/Total Assets (Jun23)
=154.986/1232.382
=0.12576133

Fusic Co's return on assets of this year was 0.13488094. Fusic Co's return on assets of last year was 0.12576133. ==> This year is higher. ==> Score 1.

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.

Fusic Co's current Net Income (TTM) was 194. Fusic Co's current Cash Flow from Operations (TTM) was 135. ==> 135 <= 194 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/1503.8755
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/1335.151
=0

Fusic Co's gearing of this year was 0. Fusic Co's gearing of last year was 0. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=1332.809/404.341
=3.29624995

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=1217.418/442.185
=2.75318701

Fusic Co's current ratio of this year was 3.29624995. Fusic Co's current ratio of last year was 2.75318701. ==> 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.

Fusic Co's number of shares in issue this year was 1.302. Fusic Co's number of shares in issue last year was 1.302. ==> 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
=772.776/1952.131
=0.39586278

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=666.343/1798.412
=0.37051743

Fusic Co's gross margin of this year was 0.39586278. Fusic Co's gross margin of last year was 0.37051743. ==> 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 (Jun24)
=1952.131/1437.92
=1.35760752

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=1798.412/1232.382
=1.45929752

Fusic Co's asset turnover of this year was 1.35760752. Fusic Co's asset turnover of last year was 1.45929752. ==> 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+1+0+1+1+1+1+0
=7

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

Fusic Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Fusic Co (TSE:5256) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fusic Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Fusic Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Fusic Co ranks #225 out of 2744 companies in the Software industry, placing it in the top 8.2%.
Is Fusic Co's Piotroski F-Score too high?
Fusic Co's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Software industry median Piotroski F-Score is 5.00. Fusic Co's value of 7 is 40% above this industry median. Based on the distribution chart, Fusic Co ranks #225 out of 2744 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fusic Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Fusic Co's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, Fusic Co ranks #225 out of 2744 companies for Piotroski F-Score. This places Fusic Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Fusic Co's value of 7 is 40% above this benchmark. Historically, Fusic Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Fusic 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,744 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. Fusic Co's current Piotroski F-Score of 7 is 40% 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 Fusic Co and its competitors. For the Software 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. Fusic Co's current Piotroski F-Score is 7, which is near 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 Fusic Co stock overvalued right now?
Fusic Co (TSE:5256) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Software industry median of 5.00. Fusic Co's overall GF Score™ is 43/100 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 Fusic Co (TSE:5256), the current Piotroski F-Score is 7 as of Jun. 28, 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.

Fusic Co Business Description

Address 4-1-7 Tenjin, Fukuoka Prefecture 3rd Myojo Building, 6th Floor, Chuo-ku, Fukuoka, JPN, 810-0001
Fusic Co Ltd is engaged in the Digital transformation business, which supports system development using cloud infrastructure and data utilization by combining IoT, cloud and AI technologies. The company support clients in developing systems and transforming their business models through digital transformation.
43GF Score

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