FUJI Kyuko Co (TSE:9010) Piotroski F-Score: 9 (As of Aug. 02, 2026) — 29% Above Median

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TSE:9010 FUJI Kyuko Co Ltd TSE:9010
89 GF Score
Price 円2,745.00
GF Value 円2,672.67
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is FUJI Kyuko Co Piotroski F-Score?

FUJI Kyuko Co TSE:9010 -1.29% 89 Piotroski F-Score is 9 as of Aug. 02, 2026, which is 29% above its 10-year median of 7.00. GuruFocus rates TSE:9010 with a GF Score™ of 89/100 and a GF Value™ of 円2,672.67 (Fairly Valued). The stock has 6 warning signs investors should review. Among 556 Conglomerates companies, FUJI Kyuko Co ranks better than 99.82% on this metric.

Good Sign:

Piotroski F-Score is 9, 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

FUJI Kyuko Co has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.

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

TSE:9010' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 9

During the past 13 years, the highest Piotroski F-Score of FUJI Kyuko Co was 9. The lowest was 3. And the median was 7.

FUJI Kyuko Co  (TSE:9010) 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.


FUJI Kyuko Co Piotroski F-Score Related Terms


FUJI Kyuko Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for FUJI Kyuko 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.

FUJI Kyuko Co Piotroski F-Score Chart

FUJI Kyuko Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 9.00 7.00 9.00

FUJI Kyuko Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 7.00 0.00 0.00 0.00 9.00

TSE:9010 vs MMM, HON: Piotroski F-Score Comparison

For the Conglomerates subindustry, FUJI Kyuko 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.


FUJI Kyuko Co Piotroski F-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, FUJI Kyuko Co's Piotroski F-Score distribution charts can be found below:

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


TSE:9010
89GF Score
FUJI Kyuko Co Ltd TSE:9010
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 円5,799 Mil.
Cash Flow from Operations was 円11,731 Mil.
Revenue was 円53,517 Mil.
Gross Profit was 円10,208 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (101101.834 + 102787.251) / 2 = 円101944.5425 Mil.
Total Assets at the begining of this year (Mar25) was 円101,102 Mil.
Long-Term Debt & Capital Lease Obligation was 円34,504 Mil.
Total Current Assets was 円29,073 Mil.
Total Current Liabilities was 円18,188 Mil.
Net Income was 円5,108 Mil.

Revenue was 円52,231 Mil.
Gross Profit was 円9,734 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (100537.798 + 101101.834) / 2 = 円100819.816 Mil.
Total Assets at the begining of last year (Mar24) was 円100,538 Mil.
Long-Term Debt & Capital Lease Obligation was 円35,874 Mil.
Total Current Assets was 円33,084 Mil.
Total Current Liabilities was 円22,733 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.

FUJI Kyuko Co's current Net Income (TTM) was 5,799. ==> 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.

FUJI Kyuko Co's current Cash Flow from Operations (TTM) was 11,731. ==> 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)
=5798.567/101101.834
=0.05735373

ROA (Last Year)=Net Income/Total Assets (Mar24)
=5107.705/100537.798
=0.05080383

FUJI Kyuko Co's return on assets of this year was 0.05735373. FUJI Kyuko Co's return on assets of last year was 0.05080383. ==> 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.

FUJI Kyuko Co's current Net Income (TTM) was 5,799. FUJI Kyuko Co's current Cash Flow from Operations (TTM) was 11,731. ==> 11,731 > 5,799 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=34504.417/101944.5425
=0.33846262

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=35873.769/100819.816
=0.35582062

FUJI Kyuko Co's gearing of this year was 0.33846262. FUJI Kyuko Co's gearing of last year was 0.35582062. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=29072.991/18187.508
=1.59851427

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=33083.628/22733.129
=1.45530463

FUJI Kyuko Co's current ratio of this year was 1.59851427. FUJI Kyuko Co's current ratio of last year was 1.45530463. ==> 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.

FUJI Kyuko Co's number of shares in issue this year was 53.098. FUJI Kyuko Co's number of shares in issue last year was 53.098. ==> 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
=10208.178/53517.281
=0.19074545

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9733.556/52230.503
=0.18635769

FUJI Kyuko Co's gross margin of this year was 0.19074545. FUJI Kyuko Co's gross margin of last year was 0.18635769. ==> 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 (Mar25)
=53517.281/101101.834
=0.52934036

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=52230.503/100537.798
=0.51951111

FUJI Kyuko Co's asset turnover of this year was 0.52934036. FUJI Kyuko Co's asset turnover of last year was 0.51951111. ==> This year's asset turnover is higher. ==> Score 1.

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+1+1
=9

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

FUJI Kyuko Co has an F-score of 9. 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 9 mean?
FUJI Kyuko Co (TSE:9010) has a Piotroski F-Score of 9 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on FUJI Kyuko Co and its competitors. This is 29% above median its historical median of 7.00. Over the past decade, FUJI Kyuko Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, FUJI Kyuko Co ranks #1 out of 556 companies in the Conglomerates industry, placing it in the top 0.2%.
Is FUJI Kyuko Co's Piotroski F-Score too high?
FUJI Kyuko Co's current Piotroski F-Score of 9 is 29% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Conglomerates industry median Piotroski F-Score is 5.00. FUJI Kyuko Co's value of 9 is 80% above this industry median. Based on the distribution chart, FUJI Kyuko Co ranks #1 out of 556 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, FUJI Kyuko Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FUJI Kyuko Co's Piotroski F-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, FUJI Kyuko Co ranks #1 out of 556 companies for Piotroski F-Score. This places FUJI Kyuko Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. FUJI Kyuko Co's value of 9 is 80% above this benchmark. Historically, FUJI Kyuko Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, FUJI Kyuko 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 556 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. FUJI Kyuko Co's current Piotroski F-Score of 9 is 80% 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 FUJI Kyuko Co and its competitors. For the Conglomerates 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. FUJI Kyuko Co's current Piotroski F-Score is 9, which is 29% above 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 FUJI Kyuko Co stock overvalued right now?
Based on GuruFocus' analysis, FUJI Kyuko Co (TSE:9010) is currently considered Fairly Valued. The stock's GF Value™ is 円2,672.67, compared to a current price of 円2,745.00 — trading 2.7% above its estimated fair value. The current Piotroski F-Score is 9, which is 29% above median its 10-year median of 7.00 and 80% above the Conglomerates industry median of 5.00. FUJI Kyuko Co's overall GF Score™ is 89/100 with 6 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 FUJI Kyuko Co (TSE:9010), the current Piotroski F-Score is 9 as of Aug. 02, 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 FUJI Kyuko Co (TSE:9010) Overvalued in 2026?

Based on GuruFocus' analysis, FUJI Kyuko Co stock appears to be overvalued. The current stock price of 円2,745.00 is trading 2.7% above its estimated GF Value™ of 円2,672.67. GuruFocus considers FUJI Kyuko Co to be Fairly Valued.

Key valuation signals for TSE:9010:

  • Piotroski F-Score: 9 (29% above median its 10-year median of 7.00)
  • GF Value™: 円2,672.67 vs. price of 円2,745.00 (2.7% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 80% above the Conglomerates median (#1 of 556)

No single metric tells the full story. See the TSE:9010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FUJI Kyuko Co Business Description

Other Exchanges 8V7:Germany
Address 5-2-1 Shin-nishihara, Yamanashi Prefecture, Fujiyoshida-shi, JPN
FUJI Kyuko Co Ltd is primarily involved in Leisure Services, Transportation, and Real estate businesses. Leisure services business comprises amusement parks, hotels, golf courses, ski resorts, and camp grounds. Transportation business consists of fujikyuko line, share-ride buses, highway buses, reserved buses. The real estate business includes building leases, condo subdivisions.
89GF Score

Get the complete analysis for TSE:9010

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

円2,745.00
Price
円2,672.67
GF Value