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Japan Post Bank Co (Japan Post Bank Co) Altman Z-Score


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What is Japan Post Bank Co 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.

Japan Post Bank Co (Japan Post Bank Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Japan Post Bank Co Ltd (OTCPK:JPSTF) » Definitions » Altman Z-Score
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TSE:6178 TSE:8411 TSE:8309 TSE:8308 TSE:8421 TSE:7186 TSE:8331 TSE:8354 TSE:5831 TSE:7167 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
JPPTY:USA 7182:Japan 5JP:Germany
Address
1-3-2 Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-8798
Website
http://www.jp-bank.japanpost.jp
Japan Post Bank is the successor of the postal-savings system dating to the Meiji era. It was partially privatized in 2015, when the government sold to the public an 11% stake in parent company Japan Post Holdings, which in turn sold 11% stakes in Japan Post Bank and Japan Post Insurance to the public. Japan Post Bank is now 64% owned by Japan Post Holdings, which is majority owned by the government. The law requires Japan Post Holdings to divest itself of Japan Post Bank eventually. Japan Post Bank has 235 direct branches and also accepts deposits and sells investment products at more than 24,000 post offices across the country through a sales-agency agreement with Japan Post (an unlisted subsidiary of Japan Post Holdings).