Wellness Communications (TSE:366A) Altman Z2-Score: 5.94 (As of Jul. 05, 2026) — Near Median


TSE:366A Wellness Communications Corp TSE:366A
45 GF Score
Price 円1,087.00
! 1 Warning Sign
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What is Wellness Communications Altman Z2-Score?

Wellness Communications TSE:366A +1.68% 45 Altman Z2-Score is 5.94 as of Jul. 05, 2026, which is 5% below its 10-year median of 6.28. GuruFocus rates TSE:366A with a GF Score™ of 45/100. The stock has 1 warning sign investors should review. Among 677 Healthcare Providers & Services companies, Wellness Communications ranks better than 80.35% 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:

Wellness Communications has a Altman Z2-Score of 5.94, 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 Wellness Communications's Altman Z2-Score or its related term are showing as below:

TSE:366A' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.88   Med: 6.28   Max: 8.1
Current: 5.94

During the past 6 years, Wellness Communications's highest Altman Z2-Score was 8.10. The lowest was 3.88. And the median was 6.28.


Wellness Communications  (TSE:366A) 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.


Wellness Communications Altman Z2-Score Related Terms


Wellness Communications Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Wellness Communications'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.

Wellness Communications Altman Z2-Score Chart

Wellness Communications Annual Data
Trend Mar20 Mar21 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial 5.18 6.61 7.03 8.10 5.94

Wellness Communications Semi-Annual Data
Mar20 Mar21 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z2-Score Get a 7-Day Free Trial 7.03 0.00 8.10 6.00 5.94

TSE:366A vs VEEV, BTSG, TEM: Altman Z2-Score Comparison

For the Health Information Services subindustry, Wellness Communications'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.


Wellness Communications Altman Z2-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wellness Communications's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Wellness Communications's Altman Z2-Score falls into.


TSE:366A
45GF Score
Wellness Communications Corp TSE:366A
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wellness Communications 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.

Wellness Communications'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*0.3763+3.26*0.3341+6.72*0.12+1.05*1.4969
=5.94

* 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9,729 Mil.
Total Current Assets was 円6,591 Mil.
Total Current Liabilities was 円2,930 Mil.
Retained Earnings was 円3,251 Mil.
Pre-Tax Income was 円1,164 Mil.
Interest Expense was 円-3 Mil.
Total Liabilities was 円3,897 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
=(6591.116 - 2929.932)/9729.358
=0.3763

X2=Retained Earnings/Total Assets
=3250.889/9729.358
=0.3341

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1164.09 - -3.17)/9729.358
=0.12

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(5832.73 - 0)/3896.628
=1.4969

The zones of discrimination were as such:

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

Wellness Communications has a Altman Z2-Score of 5.94 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.94 mean?
Wellness Communications (TSE:366A) has a Altman Z2-Score of 5.94 as of Jul. 05, 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 Wellness Communications and its competitors. This is near median its historical median of 6.28. Over the past decade, Wellness Communications' Altman Z2-Score has ranged from 3.88 to 8.10. According to the industry distribution chart, Wellness Communications ranks #133 out of 677 companies in the Healthcare Providers & Services industry, placing it in the top 19.6%.
Is Wellness Communications' Altman Z2-Score too high?
Wellness Communications' current Altman Z2-Score of 5.94 is near median its 10-year median of 6.28. Over the past 10 years, this metric has ranged from a low of 3.88 to a high of 8.10. The Healthcare Providers & Services industry median Altman Z2-Score is 2.18. Wellness Communications' value of 5.94 is 172.5% above this industry median. Based on the distribution chart, Wellness Communications ranks #133 out of 677 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Wellness Communications has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Wellness Communications' Altman Z2-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Wellness Communications ranks #133 out of 677 companies for Altman Z2-Score. This places Wellness Communications in the top 20% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.18. Wellness Communications' value of 5.94 is 172.5% above this benchmark. Historically, Wellness Communications' own Altman Z2-Score has ranged from 3.88 to 8.10 over the past decade. While the company's 10-year median is 6.28 vs. the industry median of 2.18, Wellness Communications 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 Healthcare Providers & Services company?
The median Altman Z2-Score among Healthcare Providers & Services companies is 2.18, based on 677 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. Wellness Communications's current Altman Z2-Score of 5.94 is 172.5% 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 Wellness Communications and its competitors. For the Healthcare Providers & Services industry, the median Altman Z2-Score is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellness Communications's current Altman Z2-Score is 5.94, which is near median its own 10-year median of 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellness Communications stock overvalued right now?
Wellness Communications (TSE:366A) has a current Altman Z2-Score of 5.94. The current Altman Z2-Score is 5.94, which is near median its 10-year median of 6.28 and 172.5% above the Healthcare Providers & Services industry median of 2.18. Wellness Communications' overall GF Score™ is 45/100 with 1 warning sign 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 Wellness Communications (TSE:366A), the current Altman Z2-Score is 5.94 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.

Wellness Communications Business Description

Address 1-12-32 Akasaka, Minato-ku, Tokyo, JPN, 107-6014
Wellness Communications Corp is engaged in the health management cloud business, health checkup solution business and wellness-related information/distribution and service introduction business.
45GF Score

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

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