Mirai Works (TSE:6563) Piotroski F-Score: 7 (As of Jul. 05, 2026) — Near Median


TSE:6563 Mirai Works Inc TSE:6563
76 GF Score
Price 円494.00
GF Value 円1,071.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Mirai Works Piotroski F-Score?

Mirai Works TSE:6563 +2.07% 76 Piotroski F-Score is 7 as of Jul. 05, 2026, which is at its 10-year median of 7.00. GuruFocus rates TSE:6563 with a GF Score™ of 76/100 and a GF Value™ of 円1,071.29 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,065 Business Services companies, Mirai Works ranks better than 88.92% 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

Mirai Works 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 Mirai Works's Piotroski F-Score or its related term are showing as below:

TSE:6563' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 11 years, the highest Piotroski F-Score of Mirai Works was 8. The lowest was 4. And the median was 7.

Mirai Works  (TSE:6563) 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.


Mirai Works Piotroski F-Score Related Terms


Mirai Works Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mirai Works'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.

Mirai Works Piotroski F-Score Chart

Mirai Works Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 7.00 6.00 7.00

Mirai Works Semi-Annual Data
Sep15 Sep16 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 0.00 6.00 0.00 7.00 0.00

TSE:6563 vs KFY, RHI, TNET: Piotroski F-Score Comparison

For the Staffing & Employment Services subindustry, Mirai Works'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.


Mirai Works Piotroski F-Score vs Business Services Industry

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

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


TSE:6563
76GF Score
Mirai Works Inc TSE:6563
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91 Mil.
Cash Flow from Operations was 円123 Mil.
Revenue was 円11,145 Mil.
Gross Profit was 円2,841 Mil.
Average Total Assets from the begining of this year (Sep24)
to the end of this year (Sep25) was (3320.161 + 3105.49) / 2 = 円3212.8255 Mil.
Total Assets at the begining of this year (Sep24) was 円3,320 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円2,750 Mil.
Total Current Liabilities was 円1,799 Mil.
Net Income was 円67 Mil.

Revenue was 円10,608 Mil.
Gross Profit was 円2,726 Mil.
Average Total Assets from the begining of last year (Sep23)
to the end of last year (Sep24) was (2761.904 + 3320.161) / 2 = 円3041.0325 Mil.
Total Assets at the begining of last year (Sep23) was 円2,762 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円2,950 Mil.
Total Current Liabilities was 円2,020 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.

Mirai Works's current Net Income (TTM) was 91. ==> 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.

Mirai Works's current Cash Flow from Operations (TTM) was 123. ==> 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)
=91.164/3320.161
=0.0274577

ROA (Last Year)=Net Income/Total Assets (Sep23)
=66.508/2761.904
=0.02408049

Mirai Works's return on assets of this year was 0.0274577. Mirai Works's return on assets of last year was 0.02408049. ==> 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.

Mirai Works's current Net Income (TTM) was 91. Mirai Works's current Cash Flow from Operations (TTM) was 123. ==> 123 > 91 ==> 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
=0/3212.8255
=0

Gearing (Last Year: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=0/3041.0325
=0

Mirai Works's gearing of this year was 0. Mirai Works'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: Sep25)=Total Current Assets/Total Current Liabilities
=2749.978/1798.742
=1.52883404

Current Ratio (Last Year: Sep24)=Total Current Assets/Total Current Liabilities
=2950.249/2019.854
=1.46062488

Mirai Works's current ratio of this year was 1.52883404. Mirai Works's current ratio of last year was 1.46062488. ==> 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.

Mirai Works's number of shares in issue this year was 5.341. Mirai Works's number of shares in issue last year was 5.351. ==> 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
=2840.651/11144.579
=0.25489083

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2726.141/10608.091
=0.25698695

Mirai Works's gross margin of this year was 0.25489083. Mirai Works's gross margin of last year was 0.25698695. ==> 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 (Sep24)
=11144.579/3320.161
=3.35663813

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep23)
=10608.091/2761.904
=3.84086159

Mirai Works's asset turnover of this year was 3.35663813. Mirai Works's asset turnover of last year was 3.84086159. ==> 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+1+1+1+1+0+0
=7

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

Mirai Works 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?
Mirai Works (TSE:6563) has a Piotroski F-Score of 7 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mirai Works and its competitors. This is near median its historical median of 7.00. Over the past decade, Mirai Works' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Mirai Works ranks #118 out of 1065 companies in the Business Services industry, placing it in the top 11.1%.
Is Mirai Works' Piotroski F-Score too high?
Mirai Works' 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 8.00. The Business Services industry median Piotroski F-Score is 5.00. Mirai Works' value of 7 is 40% above this industry median. Based on the distribution chart, Mirai Works ranks #118 out of 1065 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mirai Works has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirai Works' Piotroski F-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Mirai Works ranks #118 out of 1065 companies for Piotroski F-Score. This places Mirai Works in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Mirai Works' value of 7 is 40% above this benchmark. Historically, Mirai Works' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Mirai Works 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 1,065 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. Mirai Works'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 Mirai Works 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. Mirai Works'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 Mirai Works stock overvalued right now?
Based on GuruFocus' analysis, Mirai Works (TSE:6563) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,071.29, compared to a current price of 円494.00 — trading 53.9% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Business Services industry median of 5.00. Mirai Works' overall GF Score™ is 76/100 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 Mirai Works (TSE:6563), the current Piotroski F-Score is 7 as of Jul. 05, 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 Mirai Works (TSE:6563) Overvalued in 2026?

Based on GuruFocus' analysis, Mirai Works stock appears to be undervalued. The current stock price of 円494.00 is trading 53.9% below its estimated GF Value™ of 円1,071.29. GuruFocus considers Mirai Works to be Significantly Undervalued.

Key valuation signals for TSE:6563:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: 円1,071.29 vs. price of 円494.00 (53.9% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 40% above the Business Services median (#118 of 1065)

No single metric tells the full story. See the TSE:6563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mirai Works Business Description

Address 4-1-13 Toranomon, 2F Prime Terrace Kamiyacho, Minato-ku, Tokyo, JPN, 105-0001
Mirai Works Inc is a Japanese company engaged in providing procurement support for human resources.
76GF Score

Get the complete analysis for TSE:6563

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

円494.00
Price
円1,071.29
GF Value