Career Design Center Co (TSE:2410) Beneish M-Score: -3.01 (As of Jul. 16, 2026)

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TSE:2410 Career Design Center Co Ltd TSE:2410
70 GF Score
Price 円2,903.00
GF Value 円2,142.45
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Career Design Center Co Beneish M-Score?

Career Design Center Co TSE:2410 -0.85% 70 Beneish M-Score is -3.01 as of Jul. 16, 2026. GuruFocus rates TSE:2410 with a GF Score™ of 70/100 and a GF Value™ of 円2,142.45 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,020 Business Services companies, Career Design Center Co ranks better than 80.49% 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 -3.01 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:2410' s Beneish M-Score Range Over the Past 10 Years
Min: -3.5   Med: -2.51   Max: -1.23
Current: -3.01

During the past 13 years, the highest Beneish M-Score of Career Design Center Co was -1.23. The lowest was -3.50. And the median was -2.51.


Career Design Center Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Career Design Center 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.

Career Design Center Co Beneish M-Score Chart

Career Design Center Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.23 -3.33 -2.94 -2.00 -3.01

Career Design Center Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-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 -3.01 0.00 0.00

TSE:2410 vs KFY, RHI, TNET: Beneish M-Score Comparison

For the Staffing & Employment Services subindustry, Career Design Center 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.


Career Design Center Co Beneish M-Score vs Business Services Industry

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

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


TSE:2410
70GF Score
Career Design Center Co Ltd TSE:2410
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Career Design Center 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 Career Design Center 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 * 1.068+0.528 * 1.0579+0.404 * 0.7887+0.892 * 1.0514+0.115 * 0.9184
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.120331-0.327 * 1.0334
=-3.01

* 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 (Sep25) TTM:Last Year (Sep24) TTM:
Total Receivables was 円1,529 Mil.
Revenue was 円18,646 Mil.
Gross Profit was 円9,678 Mil.
Total Current Assets was 円5,653 Mil.
Total Assets was 円7,734 Mil.
Property, Plant and Equipment(Net PPE) was 円254 Mil.
Depreciation, Depletion and Amortization(DDA) was 円512 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円2,820 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Net Income was 円1,101 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円2,031 Mil.
Total Receivables was 円1,361 Mil.
Revenue was 円17,735 Mil.
Gross Profit was 円9,738 Mil.
Total Current Assets was 円4,268 Mil.
Total Assets was 円6,506 Mil.
Property, Plant and Equipment(Net PPE) was 円290 Mil.
Depreciation, Depletion and Amortization(DDA) was 円461 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円2,296 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 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)
=(1528.766 / 18646.255) / (1361.45 / 17734.862)
=0.081988 / 0.076767
=1.068

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)
=(9738.009 / 17734.862) / (9678.19 / 18646.255)
=0.549089 / 0.519042
=1.0579

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 - (5652.935 + 253.982) / 7733.52) / (1 - (4267.997 + 289.98) / 6506.412)
=0.236193 / 0.299464
=0.7887

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
=18646.255 / 17734.862
=1.0514

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))
=(460.752 / (460.752 + 289.98)) / (511.558 / (511.558 + 253.982))
=0.613737 / 0.668232
=0.9184

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 / 18646.255) / (0 / 17734.862)
=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)
=((0 + 2819.622) / 7733.52) / ((0 + 2295.513) / 6506.412)
=0.364597 / 0.352808
=1.0334

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
=(1100.768 - 0 - 2031.35) / 7733.52
=-0.120331

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.

Career Design Center Co has a M-score of -3.01 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 -3.01 mean?
Career Design Center Co (TSE:2410) has a Beneish M-Score of -3.01 as of Jul. 16, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Career Design Center Co and its competitors. According to the industry distribution chart, Career Design Center Co ranks #199 out of 1020 companies in the Business Services industry, placing it in the top 19.5%.
Is Career Design Center Co's Beneish M-Score too high?
Career Design Center Co's current Beneish M-Score is -3.01. Based on the distribution chart, Career Design Center Co ranks #199 out of 1020 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Career Design Center Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Career Design Center Co's Beneish M-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Career Design Center Co ranks #199 out of 1020 companies for Beneish M-Score. This places Career Design Center Co in the top 20% of its industry — outperforming the majority of peers. 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 Career Design Center Co and its competitors. Career Design Center Co's current Beneish M-Score is -3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Career Design Center Co stock overvalued right now?
Based on GuruFocus' analysis, Career Design Center Co (TSE:2410) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,142.45, compared to a current price of 円2,903.00 — trading 35.5% above its estimated fair value. The current Beneish M-Score is -3.01. Career Design Center Co's overall GF Score™ is 70/100 with 7 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 Career Design Center Co (TSE:2410), the current Beneish M-Score is -3.01 as of Jul. 16, 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 Career Design Center Co (TSE:2410) Overvalued in 2026?

Based on GuruFocus' analysis, Career Design Center Co stock appears to be overvalued. The current stock price of 円2,903.00 is trading 35.5% above its estimated GF Value™ of 円2,142.45. GuruFocus considers Career Design Center Co to be Significantly Overvalued.

Key valuation signals for TSE:2410:

  • Beneish M-Score: -3.01
  • GF Value™: 円2,142.45 vs. price of 円2,903.00 (35.5% above fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the TSE:2410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Career Design Center Co Business Description

Address 3-21-20 Akasaka, Minato-ku, Akasaka Long Beach Building, Tokyo, JPN, 107-0052
Career Design Center Co Ltd is a Japan-based company mainly engaged in the provision of human resources services. It operates a career information site that offers outplacement services, job search and matching capabilities for jobs, and career services for women, engineers, and consultants.
70GF Score

Get the complete analysis for TSE:2410

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

円2,903.00
Price
円2,142.45
GF Value