Takachiho Koheki Co (TSE:2676) Altman Z2-Score: 8.08 (As of Jul. 15, 2026) — 14% Below Median

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TSE:2676 Takachiho Koheki Co Ltd TSE:2676
77 GF Score
Price 円2,150.00
GF Value 円2,191.22
Valuation Fairly Valued
! 5 Warning Signs
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What is Takachiho Koheki Co Altman Z2-Score?

Takachiho Koheki Co TSE:2676 +0.28% 77 Altman Z2-Score is 8.08 as of Jul. 15, 2026, which is 14% below its 10-year median of 9.38. GuruFocus rates TSE:2676 with a GF Score™ of 77/100 and a GF Value™ of 円2,191.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 565 Conglomerates companies, Takachiho Koheki Co ranks better than 88.14% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Takachiho Koheki Co has a Altman Z2-Score of 8.08, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Takachiho Koheki Co's Altman Z2-Score or its related term are showing as below:

TSE:2676' s Altman Z2-Score Range Over the Past 10 Years
Min: 8.08   Med: 9.38   Max: 9.6
Current: 8.08

During the past 13 years, Takachiho Koheki Co's highest Altman Z2-Score was 9.60. The lowest was 8.08. And the median was 9.38.


Takachiho Koheki Co  (TSE:2676) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Takachiho Koheki Co Altman Z2-Score Related Terms


Takachiho Koheki Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Takachiho Koheki Co's Altman Z2-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.

Takachiho Koheki Co Altman Z2-Score Chart

Takachiho Koheki Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.37 9.49 9.33 8.96 8.08

Takachiho Koheki Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z2-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 9.33 8.60 8.96 0.00 8.08

TSE:2676 vs HON, MMM: Altman Z2-Score Comparison

For the Conglomerates subindustry, Takachiho Koheki Co's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Takachiho Koheki Co Altman Z2-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Takachiho Koheki Co's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Takachiho Koheki Co's Altman Z2-Score falls into.


TSE:2676
77GF Score
Takachiho Koheki Co Ltd TSE:2676
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Takachiho Koheki Co Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Takachiho Koheki Co's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.5343+3.26*0.5335+6.72*0.0834+1.05*2.1712
=8.08

* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was 円25,698 Mil.
Total Current Assets was 円20,955 Mil.
Total Current Liabilities was 円7,223 Mil.
Retained Earnings was 円13,709 Mil.
Pre-Tax Income was 円2,133 Mil.
Interest Expense was 円-9 Mil.
Total Liabilities was 円8,104 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(20954.755 - 7223.122)/25698.115
=0.5343

X2=Retained Earnings/Total Assets
=13708.928/25698.115
=0.5335

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2133.498 - -8.795)/25698.115
=0.0834

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(17594.51 - 0)/8103.605
=2.1712

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Takachiho Koheki Co has a Altman Z2-Score of 8.08 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 8.08 mean?
Takachiho Koheki Co (TSE:2676) has a Altman Z2-Score of 8.08 as of Jul. 15, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Takachiho Koheki Co and its competitors. This is 14% below median its historical median of 9.38. Over the past decade, Takachiho Koheki Co's Altman Z2-Score has ranged from 8.08 to 9.60. According to the industry distribution chart, Takachiho Koheki Co ranks #67 out of 565 companies in the Conglomerates industry, placing it in the top 11.9%.
Is Takachiho Koheki Co's Altman Z2-Score too high?
Takachiho Koheki Co's current Altman Z2-Score of 8.08 is 14% below median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 9.60. The Conglomerates industry median Altman Z2-Score is 2.96. Takachiho Koheki Co's value of 8.08 is 173% above this industry median. Based on the distribution chart, Takachiho Koheki Co ranks #67 out of 565 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Takachiho Koheki Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Takachiho Koheki Co's Altman Z2-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Takachiho Koheki Co ranks #67 out of 565 companies for Altman Z2-Score. This places Takachiho Koheki Co in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.96. Takachiho Koheki Co's value of 8.08 is 173% above this benchmark. Historically, Takachiho Koheki Co's own Altman Z2-Score has ranged from 8.08 to 9.60 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 2.96, Takachiho Koheki 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 Altman Z2-Score for a Conglomerates company?
The median Altman Z2-Score among Conglomerates companies is 2.96, based on 565 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Takachiho Koheki Co's current Altman Z2-Score of 8.08 is 173% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Takachiho Koheki Co and its competitors. For the Conglomerates industry, the median Altman Z2-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takachiho Koheki Co's current Altman Z2-Score is 8.08, which is 14% below median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takachiho Koheki Co stock overvalued right now?
Based on GuruFocus' analysis, Takachiho Koheki Co (TSE:2676) is currently considered Fairly Valued. The stock's GF Value™ is 円2,191.22, compared to a current price of 円2,150.00 — trading 1.9% below its estimated fair value. The current Altman Z2-Score is 8.08, which is 14% below median its 10-year median of 9.38 and 173% above the Conglomerates industry median of 2.96. Takachiho Koheki Co's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Takachiho Koheki Co (TSE:2676), the current Altman Z2-Score is 8.08 as of Jul. 15, 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 Takachiho Koheki Co (TSE:2676) Overvalued in 2026?

Based on GuruFocus' analysis, Takachiho Koheki Co stock appears to be undervalued. The current stock price of 円2,150.00 is trading 1.9% below its estimated GF Value™ of 円2,191.22. GuruFocus considers Takachiho Koheki Co to be Fairly Valued.

Key valuation signals for TSE:2676:

  • Altman Z2-Score: 8.08 (14% below median its 10-year median of 9.38)
  • GF Value™: 円2,191.22 vs. price of 円2,150.00 (1.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 173% above the Conglomerates median (#67 of 565)

No single metric tells the full story. See the TSE:2676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takachiho Koheki Co Business Description

Address 1-6-1 Yotsuya, 7th Floor, Yotsuya Tower, Tokyo, JPN, 160-0004
Takachiho Koheki Co Ltd is a Japan-based company engages in the maintenance and sale of market information network systems, security systems, semiconductors, and structural precision parts. It is also involved in the installation of system designs and outsourcing services in the information network system. Its segments involve: Cloud Service & Support; System; and Devices.
77GF Score

Get the complete analysis for TSE:2676

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,150.00
Price
円2,191.22
GF Value