Nishimatsuya Chain Co (TSE:7545) Piotroski F-Score: 6 (As of Jul. 18, 2026) — Near Median

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TSE:7545 Nishimatsuya Chain Co Ltd TSE:7545
71 GF Score
Price 円2,019.00
GF Value 円2,328.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Nishimatsuya Chain Co Piotroski F-Score?

Nishimatsuya Chain Co TSE:7545 +1.41% 71 Piotroski F-Score is 6 as of Jul. 18, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:7545 with a GF Score™ of 71/100 and a GF Value™ of 円2,328.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Nishimatsuya Chain Co ranks better than 72.77% 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

Nishimatsuya Chain 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 Nishimatsuya Chain Co's Piotroski F-Score or its related term are showing as below:

TSE:7545' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Nishimatsuya Chain Co was 9. The lowest was 4. And the median was 6.

Nishimatsuya Chain Co  (TSE:7545) 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.


Nishimatsuya Chain Co Piotroski F-Score Related Terms


Nishimatsuya Chain Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nishimatsuya Chain 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.

Nishimatsuya Chain Co Piotroski F-Score Chart

Nishimatsuya Chain Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 7.00 4.00 6.00

Nishimatsuya Chain Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 6.00 0.00

TSE:7545 vs CASY, WSM, DKS: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Nishimatsuya Chain 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.


Nishimatsuya Chain Co Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nishimatsuya Chain Co's Piotroski F-Score distribution charts can be found below:

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


TSE:7545
71GF Score
Nishimatsuya Chain Co Ltd TSE:7545
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 (Feb26) TTM:Last Year (Feb25) TTM:
Net Income was 円6,847 Mil.
Cash Flow from Operations was 円10,566 Mil.
Revenue was 円193,365 Mil.
Gross Profit was 円64,723 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (148947 + 160251) / 2 = 円154599 Mil.
Total Assets at the begining of this year (Feb25) was 円148,947 Mil.
Long-Term Debt & Capital Lease Obligation was 円183 Mil.
Total Current Assets was 円118,000 Mil.
Total Current Liabilities was 円56,454 Mil.
Net Income was 円8,195 Mil.

Revenue was 円185,974 Mil.
Gross Profit was 円64,030 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (140463 + 148947) / 2 = 円144705 Mil.
Total Assets at the begining of last year (Feb24) was 円140,463 Mil.
Long-Term Debt & Capital Lease Obligation was 円188 Mil.
Total Current Assets was 円110,952 Mil.
Total Current Liabilities was 円53,480 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.

Nishimatsuya Chain Co's current Net Income (TTM) was 6,847. ==> 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.

Nishimatsuya Chain Co's current Cash Flow from Operations (TTM) was 10,566. ==> 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 (Feb25)
=6847/148947
=0.04596937

ROA (Last Year)=Net Income/Total Assets (Feb24)
=8195/140463
=0.05834277

Nishimatsuya Chain Co's return on assets of this year was 0.04596937. Nishimatsuya Chain Co's return on assets of last year was 0.05834277. ==> 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.

Nishimatsuya Chain Co's current Net Income (TTM) was 6,847. Nishimatsuya Chain Co's current Cash Flow from Operations (TTM) was 10,566. ==> 10,566 > 6,847 ==> 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: Feb26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb25 to Feb26
=183/154599
=0.00118371

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=188/144705
=0.00129919

Nishimatsuya Chain Co's gearing of this year was 0.00118371. Nishimatsuya Chain Co's gearing of last year was 0.00129919. ==> 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: Feb26)=Total Current Assets/Total Current Liabilities
=118000/56454
=2.09019733

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=110952/53480
=2.07464473

Nishimatsuya Chain Co's current ratio of this year was 2.09019733. Nishimatsuya Chain Co's current ratio of last year was 2.07464473. ==> 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.

Nishimatsuya Chain Co's number of shares in issue this year was 59.975. Nishimatsuya Chain Co's number of shares in issue last year was 60.484. ==> 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
=64723/193365
=0.33471931

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=64030/185974
=0.34429544

Nishimatsuya Chain Co's gross margin of this year was 0.33471931. Nishimatsuya Chain Co's gross margin of last year was 0.34429544. ==> 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 (Feb25)
=193365/148947
=1.29821346

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=185974/140463
=1.32400703

Nishimatsuya Chain Co's asset turnover of this year was 1.29821346. Nishimatsuya Chain Co's asset turnover of last year was 1.32400703. ==> 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+1+1+0+0
=6

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

Nishimatsuya Chain 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?
Nishimatsuya Chain Co (TSE:7545) has a Piotroski F-Score of 6 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nishimatsuya Chain Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Nishimatsuya Chain Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Nishimatsuya Chain Co ranks #299 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 27.2%.
Is Nishimatsuya Chain Co's Piotroski F-Score too high?
Nishimatsuya Chain 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 4.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Nishimatsuya Chain Co's value of 6 is 0% at this industry median. Based on the distribution chart, Nishimatsuya Chain Co ranks #299 out of 1098 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Nishimatsuya Chain Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nishimatsuya Chain Co's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nishimatsuya Chain Co ranks #299 out of 1098 companies for Piotroski F-Score. This puts Nishimatsuya Chain Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Nishimatsuya Chain Co's value of 6 is 0% at this benchmark. Historically, Nishimatsuya Chain Co's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Nishimatsuya Chain Co has consistently been at 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,098 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. Nishimatsuya Chain Co's current Piotroski F-Score of 6 is 0% at 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 Nishimatsuya Chain Co and its competitors. For the Retail - Cyclical 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. Nishimatsuya Chain 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 Nishimatsuya Chain Co stock overvalued right now?
Based on GuruFocus' analysis, Nishimatsuya Chain Co (TSE:7545) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,328.72, compared to a current price of 円2,019.00 — trading 13.3% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Retail - Cyclical industry median of 6.00. Nishimatsuya Chain Co's overall GF Score™ is 71/100 with 4 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 Nishimatsuya Chain Co (TSE:7545), the current Piotroski F-Score is 6 as of Jul. 18, 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 Nishimatsuya Chain Co (TSE:7545) Overvalued in 2026?

Based on GuruFocus' analysis, Nishimatsuya Chain Co stock appears to be undervalued. The current stock price of 円2,019.00 is trading 13.3% below its estimated GF Value™ of 円2,328.72. GuruFocus considers Nishimatsuya Chain Co to be Modestly Undervalued.

Key valuation signals for TSE:7545:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: 円2,328.72 vs. price of 円2,019.00 (13.3% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 0% at the Retail - Cyclical median (#299 of 1098)

No single metric tells the full story. See the TSE:7545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nishimatsuya Chain Co Business Description

Address 266-1 Kantochosho, Hyogo Prefecture, Himeji City, JPN, 6710218
Nishimatsuya Chain Co Ltd is a Japanese retailer that sells clothing and other goods for children and babies. The company also manufactures items for its private-label brand. Apparel includes outerwear, underwear, pajamas, hats, shoes, and maternity clothing. Other products include hygiene products, toys, strollers, high chairs, and bedroom items. Nishimatsuya has nearly 1,000 stores throughout Japan, in Kanto, Chubu, Kinki, Tohoku, Kyushu, Hokkaido, Hokuriku, and Chugoku. The company also has a substantial e-commerce business.
71GF Score

Get the complete analysis for TSE:7545

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

円2,019.00
Price
円2,328.72
GF Value