KIYO Learning Co (TSE:7353) Altman Z2-Score: 0.82 (As of Jul. 05, 2026) — 34% Below Median


TSE:7353 KIYO Learning Co Ltd TSE:7353
73 GF Score
Price 円556.00
GF Value 円913.58
Valuation Possible Value Trap
! 2 Warning Signs
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What is KIYO Learning Co Altman Z2-Score?

KIYO Learning Co TSE:7353 -0.18% 73 Altman Z2-Score is 0.82 as of Jul. 05, 2026, which is 34% below its 10-year median of 1.25. GuruFocus rates TSE:7353 with a GF Score™ of 73/100 and a GF Value™ of 円913.58 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 257 Education companies, KIYO Learning Co ranks worse than 64.59% 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.

Warning Sign:

KIYO Learning Co has a Altman Z2-Score of 0.82, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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

TSE:7353' s Altman Z2-Score Range Over the Past 10 Years
Min: -4.02   Med: 1.25   Max: 2.95
Current: 1.64

During the past 8 years, KIYO Learning Co's highest Altman Z2-Score was 2.95. The lowest was -4.02. And the median was 1.25.


KIYO Learning Co  (TSE:7353) 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.


KIYO Learning Co Altman Z2-Score Related Terms


KIYO Learning Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for KIYO Learning 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.

KIYO Learning Co Altman Z2-Score Chart

KIYO Learning Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 2.91 0.67 1.24 1.26 1.64

KIYO Learning Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 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 1.26 -0.15 1.01 1.64 0.00

TSE:7353 vs EDU, TAL, LAUR: Altman Z2-Score Comparison

For the Education & Training Services subindustry, KIYO Learning 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.


KIYO Learning Co Altman Z2-Score vs Education Industry

For the Education industry and Consumer Defensive sector, KIYO Learning Co's Altman Z2-Score distribution charts can be found below:

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


TSE:7353
73GF Score
KIYO Learning Co Ltd TSE:7353
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KIYO Learning 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.

KIYO Learning 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*0.1652+3.26*-0.0393+6.72*-0.0867+1.05*0.4277
=0.82

* 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 Dec. 2025:
Total Assets was 円4,759 Mil.
Total Current Assets was 円4,119 Mil.
Total Current Liabilities was 円3,333 Mil.
Retained Earnings was 円-187 Mil.
Pre-Tax Income was -252.723 + 0 + 149.513 + -314.219 = 円-417 Mil.
Interest Expense was -1.81 + 0 + -1.555 + -1.437 = 円-5 Mil.
Total Liabilities was 円3,334 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
=(4119.488 - 3333.089)/4759.337
=0.1652

X2=Retained Earnings/Total Assets
=-186.914/4759.337
=-0.0393

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-417.429 - -4.802)/4759.337
=-0.0867

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1425.835 - 0)/3333.502
=0.4277

The zones of discrimination were as such:

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

KIYO Learning Co has a Altman Z2-Score of 0.82 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.82 mean?
KIYO Learning Co (TSE:7353) has a Altman Z2-Score of 0.82 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 KIYO Learning Co and its competitors. This is 34% below median its historical median of 1.25. According to the industry distribution chart, KIYO Learning Co ranks #166 out of 257 companies in the Education industry, placing it in the top 64.6%.
Is KIYO Learning Co's Altman Z2-Score too high?
KIYO Learning Co's current Altman Z2-Score of 0.82 is 34% below median its 10-year median of 1.25. The Education industry median Altman Z2-Score is 3.14. KIYO Learning Co's value of 0.82 is 73.9% below this industry median. Based on the distribution chart, KIYO Learning Co ranks #166 out of 257 companies in the Education industry, which is below the industry midpoint. Overall, KIYO Learning Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KIYO Learning Co's Altman Z2-Score compare to EDU and TAL?
According to the Education industry distribution chart, KIYO Learning Co ranks #166 out of 257 companies for Altman Z2-Score. This places KIYO Learning Co in the lower half of its industry. The industry median Altman Z2-Score is 3.14. KIYO Learning Co's value of 0.82 is 73.9% below this benchmark. While the company's 10-year median is 1.25 vs. the industry median of 3.14, KIYO Learning 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 an Education company?
The median Altman Z2-Score among Education companies is 3.14, based on 257 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. KIYO Learning Co's current Altman Z2-Score of 0.82 is 73.9% 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 KIYO Learning Co and its competitors. For the Education industry, the median Altman Z2-Score is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KIYO Learning Co's current Altman Z2-Score is 0.82, which is 34% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KIYO Learning Co stock overvalued right now?
Based on GuruFocus' analysis, KIYO Learning Co (TSE:7353) is currently considered Possible Value Trap. The stock's GF Value™ is 円913.58, compared to a current price of 円556.00 — trading 39.1% below its estimated fair value. The current Altman Z2-Score is 0.82, which is 34% below median its 10-year median of 1.25 and 73.9% below the Education industry median of 3.14. KIYO Learning Co's overall GF Score™ is 73/100 with 2 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 KIYO Learning Co (TSE:7353), the current Altman Z2-Score is 0.82 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 KIYO Learning Co (TSE:7353) Overvalued in 2026?

Based on GuruFocus' analysis, KIYO Learning Co stock appears to be undervalued. The current stock price of 円556.00 is trading 39.1% below its estimated GF Value™ of 円913.58. GuruFocus considers KIYO Learning Co to be Possible Value Trap.

Key valuation signals for TSE:7353:

  • Altman Z2-Score: 0.82 (34% below median its 10-year median of 1.25)
  • GF Value™: 円913.58 vs. price of 円556.00 (39.1% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 73.9% below the Education median (#166 of 257)

No single metric tells the full story. See the TSE:7353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KIYO Learning Co Business Description

Address 2-10-1 Nagatacho, Chiyoda-ku, agatacho Sanno Mori Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 100-0014
KIYO Learning Co Ltd is engaged in providing E-learning courses for business people and learning management services for corporations. The company is engaged in planning, production, sales, and operation of educational content and educational services for business people. The Company's main business is e-learning and education, and other segments.
73GF Score

Get the complete analysis for TSE:7353

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

円556.00
Price
円913.58
GF Value