Kohnan Shoji Co (TSE:7516) Altman Z2-Score: 2.49 (As of Jul. 01, 2026) — 11% Above Median


TSE:7516 Kohnan Shoji Co Ltd TSE:7516
71 GF Score
Price 円4,020.00
GF Value 円4,386.79
Valuation Fairly Valued
! 4 Warning Signs
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What is Kohnan Shoji Co Altman Z2-Score?

Kohnan Shoji Co TSE:7516 -4.40% 71 Altman Z2-Score is 2.49 as of Jul. 01, 2026, which is 11% above its 10-year median of 2.24. GuruFocus rates TSE:7516 with a GF Score™ of 71/100 and a GF Value™ of 円4,386.79 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Kohnan Shoji Co ranks worse than 56.85% 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.

Kohnan Shoji Co has a Altman Z2-Score of 2.49, indicating it is in Grey Zones. This implies that Kohnan Shoji 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 Kohnan Shoji Co's Altman Z2-Score or its related term are showing as below:

TSE:7516' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.69   Med: 2.24   Max: 2.57
Current: 2.49

During the past 13 years, Kohnan Shoji Co's highest Altman Z2-Score was 2.57. The lowest was 1.69. And the median was 2.24.


Kohnan Shoji Co  (TSE:7516) 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.


Kohnan Shoji Co Altman Z2-Score Related Terms


Kohnan Shoji Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Kohnan Shoji 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.

Kohnan Shoji Co Altman Z2-Score Chart

Kohnan Shoji Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.34 2.38 2.57 2.49

Kohnan Shoji Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.57 2.62 2.62 2.55 2.49

TSE:7516 vs HD, LOW, FND: Altman Z2-Score Comparison

For the Home Improvement Retail subindustry, Kohnan Shoji 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.


Kohnan Shoji Co Altman Z2-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kohnan Shoji Co's Altman Z2-Score distribution charts can be found below:

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


TSE:7516
71GF Score
Kohnan Shoji Co Ltd TSE:7516
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kohnan Shoji 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.

Kohnan Shoji 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*0.093+3.26*0.319+6.72*0.0428+1.05*0.5239
=2.49

* 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 Feb. 2026:
Total Assets was 円504,793 Mil.
Total Current Assets was 円189,346 Mil.
Total Current Liabilities was 円142,403 Mil.
Retained Earnings was 円161,053 Mil.
Pre-Tax Income was 2326 + 3308 + 6725 + 6439 = 円18,798 Mil.
Interest Expense was -735 + -711 + -689 + -697 = 円-2,832 Mil.
Total Liabilities was 円330,947 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
=(189346 - 142403)/504793
=0.093

X2=Retained Earnings/Total Assets
=161053/504793
=0.319

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(18798 - -2832)/504793
=0.0428

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(173395 - 0)/330947
=0.5239

The zones of discrimination were as such:

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

Kohnan Shoji Co has a Altman Z2-Score of 2.49 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.49 mean?
Kohnan Shoji Co (TSE:7516) has a Altman Z2-Score of 2.49 as of Jul. 01, 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 Kohnan Shoji Co and its competitors. This is 11% above median its historical median of 2.24. Over the past decade, Kohnan Shoji Co's Altman Z2-Score has ranged from 1.69 to 2.57. According to the industry distribution chart, Kohnan Shoji Co ranks #635 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 56.8%.
Is Kohnan Shoji Co's Altman Z2-Score too high?
Kohnan Shoji Co's current Altman Z2-Score of 2.49 is 11% above median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 2.57. The Retail - Cyclical industry median Altman Z2-Score is 2.95. Kohnan Shoji Co's value of 2.49 is 15.6% below this industry median. Based on the distribution chart, Kohnan Shoji Co ranks #635 out of 1117 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Kohnan Shoji Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kohnan Shoji Co's Altman Z2-Score compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Kohnan Shoji Co ranks #635 out of 1117 companies for Altman Z2-Score. This places Kohnan Shoji Co in the lower half of its industry. The industry median Altman Z2-Score is 2.95. Kohnan Shoji Co's value of 2.49 is 15.6% below this benchmark. Historically, Kohnan Shoji Co's own Altman Z2-Score has ranged from 1.69 to 2.57 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 2.95, Kohnan Shoji 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 Retail - Cyclical company?
The median Altman Z2-Score among Retail - Cyclical companies is 2.95, based on 1,117 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. Kohnan Shoji Co's current Altman Z2-Score of 2.49 is 15.6% 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 Kohnan Shoji Co and its competitors. For the Retail - Cyclical industry, the median Altman Z2-Score is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kohnan Shoji Co's current Altman Z2-Score is 2.49, which is 11% above median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kohnan Shoji Co stock overvalued right now?
Based on GuruFocus' analysis, Kohnan Shoji Co (TSE:7516) is currently considered Fairly Valued. The stock's GF Value™ is 円4,386.79, compared to a current price of 円4,020.00 — trading 8.4% below its estimated fair value. The current Altman Z2-Score is 2.49, which is 11% above median its 10-year median of 2.24 and 15.6% below the Retail - Cyclical industry median of 2.95. Kohnan Shoji Co's overall GF Score™ is 71/100 with 4 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 Kohnan Shoji Co (TSE:7516), the current Altman Z2-Score is 2.49 as of Jul. 01, 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 Kohnan Shoji Co (TSE:7516) Overvalued in 2026?

Based on GuruFocus' analysis, Kohnan Shoji Co stock appears to be undervalued. The current stock price of 円4,020.00 is trading 8.4% below its estimated GF Value™ of 円4,386.79. GuruFocus considers Kohnan Shoji Co to be Fairly Valued.

Key valuation signals for TSE:7516:

  • Altman Z2-Score: 2.49 (11% above median its 10-year median of 2.24)
  • GF Value™: 円4,386.79 vs. price of 円4,020.00 (8.4% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 15.6% below the Retail - Cyclical median (#635 of 1117)

No single metric tells the full story. See the TSE:7516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kohnan Shoji Co Business Description

Address 2-2-17 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 532-0004
Kohnan Shoji Co Ltd is a Japan-based company that is principally engaged in the retail of products related to home improvement, housekeeping, and automotive supplies and accessories. The company operates through three store chains with different styles: Home Center, mainly offering DIY products and household goods to improve consumers' home and life; Homestock, a small-format version of Home Center with original brands EDLP and Lifelex; and Kohnan Pro, providing tools, building materials, and working equipment for professionals. The majority of the company's stores are Home Center stores.
71GF Score

Get the complete analysis for TSE:7516

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

円4,020.00
Price
円4,386.79
GF Value