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 -2.54 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Sakurajima Futo Kaisha's Beneish M-Score or its related term are showing as below:
TSE:9353'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.97 Med: -2.54 Max: -2.31
Current: -2.54
During the past 13 years, the highest Beneish M-Score of Sakurajima Futo Kaisha was -2.31. The lowest was -2.97. And the median was -2.54.
Sakurajima Futo Kaisha Beneish M-Score Related Terms
Sakurajima Futo Kaisha Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Sakurajima Futo Kaisha'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.
For the Marine Shipping subindustry, Sakurajima Futo Kaisha'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.
Sakurajima Futo Kaisha Beneish M-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Sakurajima Futo Kaisha's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Sakurajima Futo Kaisha's Beneish M-Score falls into.
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 Sakurajima Futo Kaisha 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 * 1.0196
+
0.528 * 0.9152
+
0.404 * 1.1404
+
0.892 * 0.9821
+
0.115 * 1.0676
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * -0.033099
-
0.327 * 0.7808
=
-2.54
* 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.
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.
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))
=
(413.915 / (413.915 + 3531.748))
/
(398.792 / (398.792 + 3659.586))
=
0.104904
/
0.098264
=
1.0676
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
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
=
(290.08 - 0
-
694.003)
/
12203.615
=
-0.033099
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.
Sakurajima Futo Kaisha has a M-score of -2.54 suggests that the company is unlikely to be a manipulator.
Sakurajima Futo Kaisha (TSE:9353) has a Beneish M-Score of -2.54 as of Jul. 05, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sakurajima Futo Kaisha and its competitors. According to the industry distribution chart, Sakurajima Futo Kaisha ranks #523 out of 965 companies in the Transportation industry, placing it in the top 54.2%.
Is Sakurajima Futo Kaisha's Beneish M-Score too high?
Sakurajima Futo Kaisha's current Beneish M-Score is -2.54. Based on the distribution chart, Sakurajima Futo Kaisha ranks #523 out of 965 companies in the Transportation industry, which is below the industry midpoint. Overall, Sakurajima Futo Kaisha has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sakurajima Futo Kaisha's Beneish M-Score compare to competitors?
According to the Transportation industry distribution chart, Sakurajima Futo Kaisha ranks #523 out of 965 companies for Beneish M-Score. This places Sakurajima Futo Kaisha 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 Sakurajima Futo Kaisha and its competitors. Sakurajima Futo Kaisha's current Beneish M-Score is -2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sakurajima Futo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Sakurajima Futo Kaisha (TSE:9353) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,949.58, compared to a current price of 円2,760.00 — trading 41.6% above its estimated fair value. The current Beneish M-Score is -2.54. Sakurajima Futo Kaisha's overall GF Score™ is 66/100 with 6 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 Sakurajima Futo Kaisha (TSE:9353), the current Beneish M-Score is -2.54 as of Jul. 05, 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 Sakurajima Futo Kaisha (TSE:9353) Overvalued in 2026?
Based on GuruFocus' analysis, Sakurajima Futo Kaisha stock appears to be overvalued.
The current stock price of 円2,760.00 is trading 41.6% above its estimated GF Value™ of 円1,949.58.
GuruFocus considers Sakurajima Futo Kaisha to be Significantly Overvalued.
Key valuation signals for TSE:9353:
Beneish M-Score: -2.54
GF Value™: 円1,949.58 vs. price of 円2,760.00 (41.6% above fair value)
No single metric tells the full story. See the TSE:9353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sakurajima Futo Kaisha Ltd is engaged in the port transportation business in Japan. It is involved in handling cargo, such as coal, coke, raw salt, soda ash, alloyed iron, other minerals, etc.; liquid cargo, including petroleum products and petrochemicals; and frozen and refrigerated products comprising frozen food, chilled food, dry goods, etc. The company also provides barge transportation, warehousing, cargo usage transportation, and customs clearing services.
66GF Score
Get the complete analysis for TSE:9353
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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