Jinjib Co (TSE:142A) Beneish M-Score: -2.12 (As of Jul. 11, 2026)


TSE:142A Jinjib Co Ltd TSE:142A
15 GF Score
Price 円764.00
! 2 Warning Signs
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What is Jinjib Co Beneish M-Score?

Jinjib Co TSE:142A +0.13% 15 Beneish M-Score is -2.12 as of Jul. 11, 2026. GuruFocus rates TSE:142A with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 1,022 Business Services companies, Jinjib Co ranks worse than 77.1% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -2.12 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Jinjib Co's Beneish M-Score or its related term are showing as below:

TSE:142A' s Beneish M-Score Range Over the Past 10 Years
Min: -2.88   Med: -2.12   Max: -2.08
Current: -2.12

During the past 5 years, the highest Beneish M-Score of Jinjib Co was -2.08. The lowest was -2.88. And the median was -2.12.

Jinjib Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Jinjib Co's Beneish M-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.

Jinjib Co Beneish M-Score Chart

Jinjib Co Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 -2.08 -2.88 -2.12

Jinjib Co Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Beneish M-Score Get a 7-Day Free Trial -2.08 0.00 -2.88 0.00 -2.12

TSE:142A vs KFY, RHI, TNET: Beneish M-Score Comparison

For the Staffing & Employment Services subindustry, Jinjib Co's Beneish M-Score, along with its competitors' market caps and Beneish M-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.

Jinjib Co Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Jinjib Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Jinjib Co's Beneish M-Score falls into.


TSE:142A
15GF Score
Jinjib Co Ltd TSE:142A
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinjib Co Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Jinjib Co for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.3454+0.528 * 0.9886+0.404 * 1.2651+0.892 * 1.1199+0.115 * 1.4066
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.051819-0.327 * 0.9065
=-2.12

* 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:
Total Receivables was 円169 Mil.
Revenue was 円2,688 Mil.
Gross Profit was 円2,319 Mil.
Total Current Assets was 円1,899 Mil.
Total Assets was 円2,303 Mil.
Property, Plant and Equipment(Net PPE) was 円176 Mil.
Depreciation, Depletion and Amortization(DDA) was 円39 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円1,426 Mil.
Long-Term Debt & Capital Lease Obligation was 円238 Mil.
Net Income was 円182 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円302 Mil.
 Total Receivables was 円112 Mil.
Revenue was 円2,400 Mil.
Gross Profit was 円2,047 Mil.
Total Current Assets was 円1,844 Mil.
Total Assets was 円2,091 Mil.
Property, Plant and Equipment(Net PPE) was 円83 Mil.
Depreciation, Depletion and Amortization(DDA) was 円29 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円1,340 Mil.
Long-Term Debt & Capital Lease Obligation was 円327 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(169.162 / 2687.952) / (112.278 / 2400.26)
=0.062933 / 0.046777
=1.3454

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(2046.94 / 2400.26) / (2318.621 / 2687.952)
=0.852799 / 0.862598
=0.9886

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (1899.045 + 175.503) / 2302.864) / (1 - (1843.605 + 83.254) / 2090.7)
=0.099144 / 0.078367
=1.2651

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=2687.952 / 2400.26
=1.1199

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(28.638 / (28.638 + 83.254)) / (39.036 / (39.036 + 175.503))
=0.255943 / 0.181953
=1.4066

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(0 / 2687.952) / (0 / 2400.26)
=0 / 0
=1

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((237.958 + 1426.424) / 2302.864) / ((327.283 + 1339.666) / 2090.7)
=0.722744 / 0.797316
=0.9065

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(182.361 - 0 - 301.693) / 2302.864
=-0.051819

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Jinjib Co has a M-score of -2.12 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.12 mean?
Jinjib Co (TSE:142A) has a Beneish M-Score of -2.12 as of Jul. 11, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jinjib Co and its competitors. According to the industry distribution chart, Jinjib Co ranks #788 out of 1022 companies in the Business Services industry, placing it in the top 77.1%.
Is Jinjib Co's Beneish M-Score too high?
Jinjib Co's current Beneish M-Score is -2.12. Based on the distribution chart, Jinjib Co ranks #788 out of 1022 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Jinjib Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Jinjib Co's Beneish M-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Jinjib Co ranks #788 out of 1022 companies for Beneish M-Score. This places Jinjib Co in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Business Services company?
A good Beneish M-Score depends on the Business Services industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jinjib Co and its competitors. Jinjib Co's current Beneish M-Score is -2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinjib Co stock overvalued right now?
Jinjib Co (TSE:142A) has a current Beneish M-Score of -2.12. The current Beneish M-Score is -2.12. Jinjib Co's overall GF Score™ is 15/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Jinjib Co (TSE:142A), the current Beneish M-Score is -2.12 as of Jul. 11, 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.

Jinjib Co Business Description

Address 2-3-13 Azuchimachi, Chuo-ku, Osaka-shi Osaka, JPN, 541-0052
Jinjib Co Ltd is engaged in employment support service and Human resources development services for high school students (graduates).
15GF Score

Get the complete analysis for TSE:142A

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

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