Ikuyo Co (TSE:7273) Altman Z2-Score: 3.63 (As of Jul. 05, 2026) — 93% Above Median


TSE:7273 Ikuyo Co Ltd TSE:7273
59 GF Score
Price 円628.00
GF Value 円211.61
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ikuyo Co Altman Z2-Score?

Ikuyo Co TSE:7273 59 Altman Z2-Score is 3.63 as of Jul. 05, 2026, which is 93% above its 10-year median of 1.88. GuruFocus rates TSE:7273 with a GF Score™ of 59/100 and a GF Value™ of 円211.61 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,320 Vehicles & Parts companies, Ikuyo Co ranks better than 59.09% 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:

Ikuyo Co has a Altman Z2-Score of 3.63, 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 Ikuyo Co's Altman Z2-Score or its related term are showing as below:

TSE:7273' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.49   Med: 1.88   Max: 3.63
Current: 3.63

During the past 13 years, Ikuyo Co's highest Altman Z2-Score was 3.63. The lowest was 1.49. And the median was 1.88.


Ikuyo Co  (TSE:7273) 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.


Ikuyo Co Altman Z2-Score Related Terms


Ikuyo Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Ikuyo 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.

Ikuyo Co Altman Z2-Score Chart

Ikuyo 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 2.79 1.60 1.63 2.01 3.63

Ikuyo 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 1.63 1.64 2.01 0.00 3.63

TSE:7273 vs ORLY, AZO: Altman Z2-Score Comparison

For the Auto Parts subindustry, Ikuyo 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.


Ikuyo Co Altman Z2-Score vs Vehicles & Parts Industry

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

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


TSE:7273
59GF Score
Ikuyo Co Ltd TSE:7273
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ikuyo 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.

Ikuyo 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*0.1658+3.26*0.166+6.72*0.172+1.05*0.8026
=3.63

* 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32,888 Mil.
Total Current Assets was 円15,281 Mil.
Total Current Liabilities was 円9,828 Mil.
Retained Earnings was 円5,458 Mil.
Pre-Tax Income was 円5,504 Mil.
Interest Expense was 円-152 Mil.
Total Liabilities was 円16,632 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
=(15281.441 - 9828.029)/32888.024
=0.1658

X2=Retained Earnings/Total Assets
=5458.181/32888.024
=0.166

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5504.075 - -152.397)/32888.024
=0.172

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(13349.471 - 0)/16632.025
=0.8026

The zones of discrimination were as such:

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

Ikuyo Co has a Altman Z2-Score of 3.63 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.63 mean?
Ikuyo Co (TSE:7273) has a Altman Z2-Score of 3.63 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 Ikuyo Co and its competitors. This is 93% above median its historical median of 1.88. Over the past decade, Ikuyo Co's Altman Z2-Score has ranged from 1.49 to 3.63. According to the industry distribution chart, Ikuyo Co ranks #540 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 40.9%.
Is Ikuyo Co's Altman Z2-Score too high?
Ikuyo Co's current Altman Z2-Score of 3.63 is 93% above median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 3.63. The Vehicles & Parts industry median Altman Z2-Score is 2.99. Ikuyo Co's value of 3.63 is 21.6% above this industry median. Based on the distribution chart, Ikuyo Co ranks #540 out of 1320 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ikuyo Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ikuyo Co's Altman Z2-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ikuyo Co ranks #540 out of 1320 companies for Altman Z2-Score. This puts Ikuyo Co in the upper half of its industry. The industry median Altman Z2-Score is 2.99. Ikuyo Co's value of 3.63 is 21.6% above this benchmark. Historically, Ikuyo Co's own Altman Z2-Score has ranged from 1.49 to 3.63 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 2.99, Ikuyo 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 Vehicles & Parts company?
The median Altman Z2-Score among Vehicles & Parts companies is 2.99, 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. Ikuyo Co's current Altman Z2-Score of 3.63 is 21.6% 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 Ikuyo Co and its competitors. For the Vehicles & Parts industry, the median Altman Z2-Score is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ikuyo Co's current Altman Z2-Score is 3.63, which is 93% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ikuyo Co stock overvalued right now?
Based on GuruFocus' analysis, Ikuyo Co (TSE:7273) is currently considered Significantly Overvalued. The stock's GF Value™ is 円211.61, compared to a current price of 円628.00 — trading 196.8% above its estimated fair value. The current Altman Z2-Score is 3.63, which is 93% above median its 10-year median of 1.88 and 21.6% above the Vehicles & Parts industry median of 2.99. Ikuyo Co's overall GF Score™ is 59/100 with 6 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 Ikuyo Co (TSE:7273), the current Altman Z2-Score is 3.63 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 Ikuyo Co (TSE:7273) Overvalued in 2026?

Based on GuruFocus' analysis, Ikuyo Co stock appears to be overvalued. The current stock price of 円628.00 is trading 196.8% above its estimated GF Value™ of 円211.61. GuruFocus considers Ikuyo Co to be Significantly Overvalued.

Key valuation signals for TSE:7273:

  • Altman Z2-Score: 3.63 (93% above median its 10-year median of 1.88)
  • GF Value™: 円211.61 vs. price of 円628.00 (196.8% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 21.6% above the Vehicles & Parts median (#540 of 1320)

No single metric tells the full story. See the TSE:7273 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ikuyo Co Business Description

Address 3019 Kamiechi, Kanagawa, Atsugi, JPN, 243-0801
Ikuyo Co Ltd is engaged in the manufacturing, processing, and sale of synthetic resins, rubber products, and molds to automotive and non-automotive companies.
59GF Score

Get the complete analysis for TSE:7273

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

円628.00
Price
円211.61
GF Value