Yamazawa Co (TSE:9993) Piotroski F-Score: 9 (As of Jun. 28, 2026) — 50% Above Median


TSE:9993 Yamazawa Co Ltd TSE:9993
66 GF Score
Price 円1,179.00
GF Value 円1,255.60
Valuation Fairly Valued
! 1 Warning Sign
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What is Yamazawa Co Piotroski F-Score?

Yamazawa Co TSE:9993 +0.77% 66 Piotroski F-Score is 9 as of Jun. 28, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates TSE:9993 with a GF Score™ of 66/100 and a GF Value™ of 円1,255.60 (Fairly Valued). The stock has 1 warning sign investors should review. Among 296 Retail - Defensive companies, Yamazawa Co ranks better than 99.66% 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

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

TSE:9993' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 9

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

Yamazawa Co  (TSE:9993) 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.


Yamazawa Co Piotroski F-Score Related Terms


Yamazawa Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Yamazawa 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.

Yamazawa Co Piotroski F-Score Chart

Yamazawa 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 4.00 4.00 6.00 4.00 9.00

Yamazawa Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 4.00 0.00 9.00

TSE:9993 vs KR: Piotroski F-Score Comparison

For the Grocery Stores subindustry, Yamazawa 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.


Yamazawa Co Piotroski F-Score vs Retail - Defensive Industry

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

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


TSE:9993
66GF Score
Yamazawa Co Ltd TSE:9993
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1,378 Mil.
Cash Flow from Operations was 円5,950 Mil.
Revenue was 円105,405 Mil.
Gross Profit was 円29,634 Mil.
Average Total Assets from the begining of this year (Feb25)
to the end of this year (Feb26) was (55577 + 51958) / 2 = 円53767.5 Mil.
Total Assets at the begining of this year (Feb25) was 円55,577 Mil.
Long-Term Debt & Capital Lease Obligation was 円5,834 Mil.
Total Current Assets was 円14,433 Mil.
Total Current Liabilities was 円17,196 Mil.
Net Income was 円-2,617 Mil.

Revenue was 円102,558 Mil.
Gross Profit was 円28,595 Mil.
Average Total Assets from the begining of last year (Feb24)
to the end of last year (Feb25) was (58186 + 55577) / 2 = 円56881.5 Mil.
Total Assets at the begining of last year (Feb24) was 円58,186 Mil.
Long-Term Debt & Capital Lease Obligation was 円6,195 Mil.
Total Current Assets was 円14,294 Mil.
Total Current Liabilities was 円21,076 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.

Yamazawa Co's current Net Income (TTM) was 1,378. ==> 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.

Yamazawa Co's current Cash Flow from Operations (TTM) was 5,950. ==> 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)
=1378/55577
=0.02479443

ROA (Last Year)=Net Income/Total Assets (Feb24)
=-2617/58186
=-0.04497645

Yamazawa Co's return on assets of this year was 0.02479443. Yamazawa Co's return on assets of last year was -0.04497645. ==> 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.

Yamazawa Co's current Net Income (TTM) was 1,378. Yamazawa Co's current Cash Flow from Operations (TTM) was 5,950. ==> 5,950 > 1,378 ==> 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
=5834/53767.5
=0.10850421

Gearing (Last Year: Feb25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb24 to Feb25
=6195/56881.5
=0.10891063

Yamazawa Co's gearing of this year was 0.10850421. Yamazawa Co's gearing of last year was 0.10891063. ==> 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
=14433/17196
=0.8393231

Current Ratio (Last Year: Feb25)=Total Current Assets/Total Current Liabilities
=14294/21076
=0.67821218

Yamazawa Co's current ratio of this year was 0.8393231. Yamazawa Co's current ratio of last year was 0.67821218. ==> 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.

Yamazawa Co's number of shares in issue this year was 10.696. Yamazawa Co's number of shares in issue last year was 10.78. ==> 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
=29634/105405
=0.28114416

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=28595/102558
=0.27881784

Yamazawa Co's gross margin of this year was 0.28114416. Yamazawa Co's gross margin of last year was 0.27881784. ==> 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 (Feb25)
=105405/55577
=1.89655793

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb24)
=102558/58186
=1.76258894

Yamazawa Co's asset turnover of this year was 1.89655793. Yamazawa Co's asset turnover of last year was 1.76258894. ==> 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

Yamazawa 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?
Yamazawa Co (TSE:9993) has a Piotroski F-Score of 9 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yamazawa Co and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Yamazawa Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Yamazawa Co ranks #1 out of 296 companies in the Retail - Defensive industry, placing it in the top 0.3%.
Is Yamazawa Co's Piotroski F-Score too high?
Yamazawa Co's current Piotroski F-Score of 9 is 50% 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 9.00. The Retail - Defensive industry median Piotroski F-Score is 6.00. Yamazawa Co's value of 9 is 50% above this industry median. Based on the distribution chart, Yamazawa Co ranks #1 out of 296 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Yamazawa Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamazawa Co's Piotroski F-Score compare to KR?
According to the Retail - Defensive industry distribution chart, Yamazawa Co ranks #1 out of 296 companies for Piotroski F-Score. This places Yamazawa Co in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Yamazawa Co's value of 9 is 50% above this benchmark. Historically, Yamazawa 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, Yamazawa 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 Retail - Defensive company?
The median Piotroski F-Score among Retail - Defensive companies is 6.00, based on 296 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. Yamazawa Co's current Piotroski F-Score of 9 is 50% 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 Yamazawa Co and its competitors. For the Retail - Defensive 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. Yamazawa Co's current Piotroski F-Score is 9, which is 50% 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 Yamazawa Co stock overvalued right now?
Based on GuruFocus' analysis, Yamazawa Co (TSE:9993) is currently considered Fairly Valued. The stock's GF Value™ is 円1,255.60, compared to a current price of 円1,179.00 — trading 6.1% below its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 50% above the Retail - Defensive industry median of 6.00. Yamazawa Co's overall GF Score™ is 66/100 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 Yamazawa Co (TSE:9993), the current Piotroski F-Score is 9 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.

Is Yamazawa Co (TSE:9993) Overvalued in 2026?

Based on GuruFocus' analysis, Yamazawa Co stock appears to be undervalued. The current stock price of 円1,179.00 is trading 6.1% below its estimated GF Value™ of 円1,255.60. GuruFocus considers Yamazawa Co to be Fairly Valued.

Key valuation signals for TSE:9993:

  • Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
  • GF Value™: 円1,255.60 vs. price of 円1,179.00 (6.1% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 50% above the Retail - Defensive median (#1 of 296)

No single metric tells the full story. See the TSE:9993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamazawa Co Business Description

Address 3-8-9 Akoyacho, Yamagata, JPN, 990-8585
Yamazawa Co Ltd is a Japan-based retail company. It is engaged in the sales of dairy foods, sundry goods, and clothes through its stores. The company is also engaged in the retail of pharmaceutical products and cosmetic products. Its stores are located throughout Japan.
66GF Score

Get the complete analysis for TSE:9993

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

円1,179.00
Price
円1,255.60
GF Value