Living House Co (TSE:361A) Beneish M-Score: -2.70 (As of Aug. 31, 2026)

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TSE:361A Living House Co Ltd TSE:361A
7 GF Score
Price 円1,588.00
! 4 Warning Signs
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What is Living House Co Beneish M-Score?

Living House Co TSE:361A 7 Beneish M-Score is -2.70 as of Aug. 31, 2026. GuruFocus rates TSE:361A with a GF Score™ of 7/100. The stock has 4 warning signs investors should review. Among 422 Furnishings, Fixtures & Appliances companies, Living House Co ranks better than 64.45% 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 -2.7 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:361A' s Beneish M-Score Range Over the Past 10 Years
Min: -2.7   Med: -2.7   Max: -2.7
Current: -2.7

During the past 3 years, the highest Beneish M-Score of Living House Co was -2.70. The lowest was -2.70. And the median was -2.70.

Living House Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Living House 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.

Living House Co Beneish M-Score Chart

Living House Co Annual Data
Trend Feb24 Feb25 Feb26
Beneish M-Score
0.00 0.00 -2.70

Living House Co Semi-Annual Data
Feb24 Aug24 Feb25 Aug25 Feb26
Beneish M-Score 0.00 0.00 0.00 0.00 -2.70

TSE:361A vs SN, SGI, MHK: Beneish M-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Living House 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.

Living House Co Beneish M-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Living House Co's Beneish M-Score distribution charts can be found below:

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


TSE:361A
7GF Score
Living House Co Ltd TSE:361A
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Living House 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 Living House 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 * 1.1146+0.528 * 1.0164+0.404 * 0.852+0.892 * 1.0949+0.115 * 1.023
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.074817-0.327 * 1.0409
=-2.70

* 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:
Total Receivables was 円361 Mil.
Revenue was 円6,129 Mil.
Gross Profit was 円3,110 Mil.
Total Current Assets was 円3,114 Mil.
Total Assets was 円4,565 Mil.
Property, Plant and Equipment(Net PPE) was 円903 Mil.
Depreciation, Depletion and Amortization(DDA) was 円66 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円2,651 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,695 Mil.
Net Income was 円-130 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円212 Mil.
 Total Receivables was 円296 Mil.
Revenue was 円5,598 Mil.
Gross Profit was 円2,887 Mil.
Total Current Assets was 円2,458 Mil.
Total Assets was 円3,725 Mil.
Property, Plant and Equipment(Net PPE) was 円743 Mil.
Depreciation, Depletion and Amortization(DDA) was 円56 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円1,945 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,462 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)
=(361.351 / 6129.449) / (296.094 / 5598.044)
=0.058953 / 0.052892
=1.1146

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)
=(2887.235 / 5598.044) / (3110.161 / 6129.449)
=0.515758 / 0.507413
=1.0164

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 - (3114.259 + 903.034) / 4565.036) / (1 - (2457.842 + 742.64) / 3725.09)
=0.119987 / 0.140831
=0.852

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
=6129.449 / 5598.044
=1.0949

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))
=(55.891 / (55.891 + 742.64)) / (66.323 / (66.323 + 903.034))
=0.069992 / 0.06842
=1.023

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 / 6129.449) / (0 / 5598.044)
=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)
=((1695.055 + 2650.598) / 4565.036) / ((1461.64 + 1945.138) / 3725.09)
=0.951943 / 0.914549
=1.0409

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
=(-129.757 - 0 - 211.786) / 4565.036
=-0.074817

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.

Living House Co has a M-score of -2.70 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 -2.70 mean?
Living House Co (TSE:361A) has a Beneish M-Score of -2.70 as of Aug. 31, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Living House Co and its competitors. According to the industry distribution chart, Living House Co ranks #150 out of 422 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 35.5%.
Is Living House Co's Beneish M-Score too high?
Living House Co's current Beneish M-Score is -2.70. Based on the distribution chart, Living House Co ranks #150 out of 422 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Living House Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Living House Co's Beneish M-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Living House Co ranks #150 out of 422 companies for Beneish M-Score. This puts Living House Co in the upper 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 Furnishings, Fixtures & Appliances company?
A good Beneish M-Score depends on the Furnishings, Fixtures & Appliances 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 Living House Co and its competitors. Living House Co's current Beneish M-Score is -2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Living House Co stock overvalued right now?
Living House Co (TSE:361A) has a current Beneish M-Score of -2.70. The current Beneish M-Score is -2.70. Living House Co's overall GF Score™ is 7/100 with 4 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 Living House Co (TSE:361A), the current Beneish M-Score is -2.70 as of Aug. 31, 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.

Living House Co Business Description

Address 2-10-8 Minamihorie, Nishi-ku, Osaka-shi, Osaka, JPN, 550-0015
Living House Co Ltd is a Home furnishings retailer and wholesaler. It is engaged in planning and sales of domestic and international furniture, interior design, custom-made furniture, and system storage.
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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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