KASAI KOGYO Co (TSE:7256) Altman Z2-Score: 2.22 (As of Jul. 06, 2026) — 17% Above Median


TSE:7256 KASAI KOGYO Co Ltd TSE:7256
51 GF Score
Price 円444.00
GF Value 円159.79
Valuation Significantly Overvalued
! 7 Warning Signs
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What is KASAI KOGYO Co Altman Z2-Score?

KASAI KOGYO Co TSE:7256 +3.98% 51 Altman Z2-Score is 2.22 as of Jul. 06, 2026, which is 17% above its 10-year median of 1.89. GuruFocus rates TSE:7256 with a GF Score™ of 51/100 and a GF Value™ of 円159.79 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,320 Vehicles & Parts companies, KASAI KOGYO Co ranks worse than 61.97% 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.

KASAI KOGYO Co has a Altman Z2-Score of 2.22, indicating it is in Grey Zones. This implies that KASAI KOGYO Co is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 KASAI KOGYO Co's Altman Z2-Score or its related term are showing as below:

TSE:7256' s Altman Z2-Score Range Over the Past 10 Years
Min: -1.27   Med: 1.89   Max: 3.48
Current: 2.22

During the past 13 years, KASAI KOGYO Co's highest Altman Z2-Score was 3.48. The lowest was -1.27. And the median was 1.89.


KASAI KOGYO Co  (TSE:7256) 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.


KASAI KOGYO Co Altman Z2-Score Related Terms


KASAI KOGYO Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for KASAI KOGYO 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.

KASAI KOGYO Co Altman Z2-Score Chart

KASAI KOGYO 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 -0.35 -1.27 -1.12 1.56 2.22

KASAI KOGYO 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 -1.12 -0.96 1.56 0.00 2.22

TSE:7256 vs ORLY, AZO: Altman Z2-Score Comparison

For the Auto Parts subindustry, KASAI KOGYO 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.


KASAI KOGYO Co Altman Z2-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KASAI KOGYO Co's Altman Z2-Score distribution charts can be found below:

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


TSE:7256
51GF Score
KASAI KOGYO Co Ltd TSE:7256
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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KASAI KOGYO 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.

KASAI KOGYO 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*0.2774+3.26*-0.0209+6.72*0.0479+1.05*0.1411
=2.22

* 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145,329 Mil.
Total Current Assets was 円85,242 Mil.
Total Current Liabilities was 円44,934 Mil.
Retained Earnings was 円-3,037 Mil.
Pre-Tax Income was 円4,794 Mil.
Interest Expense was 円-2,160 Mil.
Total Liabilities was 円118,536 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
=(85242 - 44934)/145329
=0.2774

X2=Retained Earnings/Total Assets
=-3037/145329
=-0.0209

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4794 - -2160)/145329
=0.0479

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(16724 - 0)/118536
=0.1411

The zones of discrimination were as such:

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

KASAI KOGYO Co has a Altman Z2-Score of 2.22 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.22 mean?
KASAI KOGYO Co (TSE:7256) has a Altman Z2-Score of 2.22 as of Jul. 06, 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 KASAI KOGYO Co and its competitors. This is 17% above median its historical median of 1.89. According to the industry distribution chart, KASAI KOGYO Co ranks #818 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 62%.
Is KASAI KOGYO Co's Altman Z2-Score too high?
KASAI KOGYO Co's current Altman Z2-Score of 2.22 is 17% above median its 10-year median of 1.89. The Vehicles & Parts industry median Altman Z2-Score is 3.00. KASAI KOGYO Co's value of 2.22 is 25.9% below this industry median. Based on the distribution chart, KASAI KOGYO Co ranks #818 out of 1320 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, KASAI KOGYO Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KASAI KOGYO Co's Altman Z2-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, KASAI KOGYO Co ranks #818 out of 1320 companies for Altman Z2-Score. This places KASAI KOGYO Co in the lower half of its industry. The industry median Altman Z2-Score is 3.00. KASAI KOGYO Co's value of 2.22 is 25.9% below this benchmark. While the company's 10-year median is 1.89 vs. the industry median of 3.00, KASAI KOGYO Co has consistently been below 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 Vehicles & Parts company?
The median Altman Z2-Score among Vehicles & Parts companies is 3.00, based on 1,320 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. KASAI KOGYO Co's current Altman Z2-Score of 2.22 is 25.9% below 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 KASAI KOGYO Co and its competitors. For the Vehicles & Parts industry, the median Altman Z2-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KASAI KOGYO Co's current Altman Z2-Score is 2.22, which is 17% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KASAI KOGYO Co stock overvalued right now?
Based on GuruFocus' analysis, KASAI KOGYO Co (TSE:7256) is currently considered Significantly Overvalued. The stock's GF Value™ is 円159.79, compared to a current price of 円444.00 — trading 177.9% above its estimated fair value. The current Altman Z2-Score is 2.22, which is 17% above median its 10-year median of 1.89 and 25.9% below the Vehicles & Parts industry median of 3.00. KASAI KOGYO Co's overall GF Score™ is 51/100 with 7 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 KASAI KOGYO Co (TSE:7256), the current Altman Z2-Score is 2.22 as of Jul. 06, 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 KASAI KOGYO Co (TSE:7256) Overvalued in 2026?

Based on GuruFocus' analysis, KASAI KOGYO Co stock appears to be overvalued. The current stock price of 円444.00 is trading 177.9% above its estimated GF Value™ of 円159.79. GuruFocus considers KASAI KOGYO Co to be Significantly Overvalued.

Key valuation signals for TSE:7256:

  • Altman Z2-Score: 2.22 (17% above median its 10-year median of 1.89)
  • GF Value™: 円159.79 vs. price of 円444.00 (177.9% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 25.9% below the Vehicles & Parts median (#818 of 1320)

No single metric tells the full story. See the TSE:7256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KASAI KOGYO Co Business Description

Address 3316 Miyayama, Samukawa-machi, Koza-gun, Kanagawa Pref, JPN, 253-0106
KASAI KOGYO Co Ltd is engaged in the manufacture and sale of products for automotive interiors. Its main products include cabin trims, rear parcels, sunvisors, dash insulators, and others.
51GF Score

Get the complete analysis for TSE:7256

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

円444.00
Price
円159.79
GF Value