Business Brain Showa Ota (TSE:9658) Piotroski F-Score: 8 (As of Jul. 01, 2026) — 33% Above Median


TSE:9658 Business Brain Showa Ota Inc TSE:9658
90 GF Score
Price 円996.00
GF Value 円955.65
Valuation Fairly Valued
! 2 Warning Signs
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What is Business Brain Showa Ota Piotroski F-Score?

Business Brain Showa Ota TSE:9658 90 Piotroski F-Score is 8 as of Jul. 01, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates TSE:9658 with a GF Score™ of 90/100 and a GF Value™ of 円955.65 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,738 Software companies, Business Brain Showa Ota ranks better than 98.65% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Business Brain Showa Ota has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Business Brain Showa Ota's Piotroski F-Score or its related term are showing as below:

TSE:9658' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Business Brain Showa Ota was 8. The lowest was 4. And the median was 6.

Business Brain Showa Ota  (TSE:9658) 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.


Business Brain Showa Ota Piotroski F-Score Related Terms


Business Brain Showa Ota Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Business Brain Showa Ota'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.

Business Brain Showa Ota Piotroski F-Score Chart

Business Brain Showa Ota 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 5.00 5.00 6.00 6.00 8.00

Business Brain Showa Ota Semi-Annual Data
Sep16 Mar17 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 6.00 4.00 6.00 0.00 8.00

TSE:9658 vs IBM, ACN, FISV: Piotroski F-Score Comparison

For the Information Technology Services subindustry, Business Brain Showa Ota'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.


Business Brain Showa Ota Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Business Brain Showa Ota's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Business Brain Showa Ota's Piotroski F-Score falls into.


TSE:9658
90GF Score
Business Brain Showa Ota Inc TSE:9658
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 円2,987 Mil.
Cash Flow from Operations was 円4,489 Mil.
Revenue was 円42,100 Mil.
Gross Profit was 円9,493 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (45322.298 + 48464.196) / 2 = 円46893.247 Mil.
Total Assets at the begining of this year (Mar25) was 円45,322 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,687 Mil.
Total Current Assets was 円20,523 Mil.
Total Current Liabilities was 円8,765 Mil.
Net Income was 円2,468 Mil.

Revenue was 円38,804 Mil.
Gross Profit was 円8,590 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (44803.861 + 45322.298) / 2 = 円45063.0795 Mil.
Total Assets at the begining of last year (Mar24) was 円44,804 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,884 Mil.
Total Current Assets was 円18,251 Mil.
Total Current Liabilities was 円7,940 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.

Business Brain Showa Ota's current Net Income (TTM) was 2,987. ==> 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.

Business Brain Showa Ota's current Cash Flow from Operations (TTM) was 4,489. ==> 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)
=2986.667/45322.298
=0.0658984

ROA (Last Year)=Net Income/Total Assets (Mar24)
=2468.494/44803.861
=0.05509556

Business Brain Showa Ota's return on assets of this year was 0.0658984. Business Brain Showa Ota's return on assets of last year was 0.05509556. ==> 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.

Business Brain Showa Ota's current Net Income (TTM) was 2,987. Business Brain Showa Ota's current Cash Flow from Operations (TTM) was 4,489. ==> 4,489 > 2,987 ==> 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
=2687.375/46893.247
=0.05730836

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1883.508/45063.0795
=0.04179714

Business Brain Showa Ota's gearing of this year was 0.05730836. Business Brain Showa Ota's gearing of last year was 0.04179714. ==> Last year is lower than this year ==> Score 0.

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
=20523.258/8764.682
=2.34158615

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=18250.96/7940.323
=2.29851607

Business Brain Showa Ota's current ratio of this year was 2.34158615. Business Brain Showa Ota's current ratio of last year was 2.29851607. ==> 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.

Business Brain Showa Ota's number of shares in issue this year was 32.457. Business Brain Showa Ota's number of shares in issue last year was 34.544. ==> 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
=9492.922/42099.52
=0.22548765

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8590.213/38803.632
=0.22137652

Business Brain Showa Ota's gross margin of this year was 0.22548765. Business Brain Showa Ota's gross margin of last year was 0.22137652. ==> 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)
=42099.52/45322.298
=0.928892

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=38803.632/44803.861
=0.86607786

Business Brain Showa Ota's asset turnover of this year was 0.928892. Business Brain Showa Ota's asset turnover of last year was 0.86607786. ==> 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+0+1+1+1+1
=8

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

Business Brain Showa Ota has an F-score of 8. 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 8 mean?
Business Brain Showa Ota (TSE:9658) has a Piotroski F-Score of 8 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Business Brain Showa Ota and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Business Brain Showa Ota's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Business Brain Showa Ota ranks #37 out of 2738 companies in the Software industry, placing it in the top 1.4%.
Is Business Brain Showa Ota's Piotroski F-Score too high?
Business Brain Showa Ota's current Piotroski F-Score of 8 is 33% above 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 8.00. The Software industry median Piotroski F-Score is 5.00. Business Brain Showa Ota's value of 8 is 60% above this industry median. Based on the distribution chart, Business Brain Showa Ota ranks #37 out of 2738 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Business Brain Showa Ota has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Business Brain Showa Ota's Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, Business Brain Showa Ota ranks #37 out of 2738 companies for Piotroski F-Score. This places Business Brain Showa Ota in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Business Brain Showa Ota's value of 8 is 60% above this benchmark. Historically, Business Brain Showa Ota's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Business Brain Showa Ota 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 2,738 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. Business Brain Showa Ota's current Piotroski F-Score of 8 is 60% 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 Business Brain Showa Ota 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. Business Brain Showa Ota's current Piotroski F-Score is 8, which is 33% above 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 Business Brain Showa Ota stock overvalued right now?
Based on GuruFocus' analysis, Business Brain Showa Ota (TSE:9658) is currently considered Fairly Valued. The stock's GF Value™ is 円955.65, compared to a current price of 円996.00 — trading 4.2% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Software industry median of 5.00. Business Brain Showa Ota's overall GF Score™ is 90/100 with 2 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 Business Brain Showa Ota (TSE:9658), the current Piotroski F-Score is 8 as of Jul. 01, 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 Business Brain Showa Ota (TSE:9658) Overvalued in 2026?

Based on GuruFocus' analysis, Business Brain Showa Ota stock appears to be overvalued. The current stock price of 円996.00 is trading 4.2% above its estimated GF Value™ of 円955.65. GuruFocus considers Business Brain Showa Ota to be Fairly Valued.

Key valuation signals for TSE:9658:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: 円955.65 vs. price of 円996.00 (4.2% above fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 60% above the Software median (#37 of 2738)

No single metric tells the full story. See the TSE:9658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business Brain Showa Ota Business Description

Address 1-1-1 Nishi-Shinbashi, Hibiya Fort Tower, 15th Floor, Minato-ku, Tokyo, JPN, 105-0003
Business Brain Showa Ota Inc provides Consulting, System development, and Management services. The Group has two reportable segments: the Consulting and Systems Development Business and the Management Services (BPO) Business. It derives maximum revenue from Consulting and Systems Development Business.
90GF Score

Get the complete analysis for TSE:9658

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

円996.00
Price
円955.65
GF Value