GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Okasan Securities Group Inc (FRA:OKN) » Definitions » Altman Z-Score

Okasan Securities Group (FRA:OKN) Altman Z-Score


View and export this data going back to . Start your Free Trial

What is Okasan Securities Group Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Okasan Securities Group (FRA:OKN) Business Description

Traded in Other Exchanges
Address
1-17-6, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8268
Okasan Securities Group is a Japan-based holding company that conducts businesses through a network of domestic and overseas subsidiaries. The company has three business segments. The securities business, which accounts for the majority of sales, is involved in trading, brokerage, underwriting, and distribution of securities, public offering, secondary distribution of securities, and private offering of securities. The asset-management business is involved in investment management and investment advisory. The support business is engaged in information processing services, administrative support services, custodianship, and temping services. The company generates the majority of revenue from Japan.