Vrain Solution (TSE:135A) Altman Z-Score: 62.72 (As of Aug. 19, 2026) — 104% Above Median

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TSE:135A Vrain Solution Inc TSE:135A
23 GF Score
Price 円4,170.00
! 5 Warning Signs
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What is Vrain Solution Altman Z-Score?

Vrain Solution TSE:135A -3.70% 23 Altman Z-Score is 62.72 as of Aug. 19, 2026, which is 104% above its 10-year median of 30.74. GuruFocus rates TSE:135A with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 2,775 Software companies, Vrain Solution ranks better than 95.96% on this metric.

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.

Good Sign:

Altman Z-score of 25.63 is strong.

Vrain Solution has a Altman Z-Score of 62.72, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Vrain Solution's Altman Z-Score or its related term are showing as below:

TSE:135A' s Altman Z-Score Range Over the Past 10 Years
Min: 17.22   Med: 30.74   Max: 82.55
Current: 25.63

During the past 5 years, Vrain Solution's highest Altman Z-Score was 82.55. The lowest was 17.22. And the median was 30.74.


Vrain Solution  (TSE:135A) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Vrain Solution Altman Z-Score Related Terms


Vrain Solution Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Vrain Solution's Altman Z-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.

Vrain Solution Altman Z-Score Chart

Vrain Solution Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z-Score
0.00 0.00 82.55 30.74 17.22

Vrain Solution Quarterly Data
Feb22 Feb23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.20 32.14 31.23 17.22 0.00

TSE:135A vs MSFT, ORCL, PLTR: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, Vrain Solution's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Vrain Solution Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Vrain Solution's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Vrain Solution's Altman Z-Score falls into.


TSE:135A
23GF Score
Vrain Solution Inc TSE:135A
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Vrain Solution Altman Z-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.

Vrain Solution's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.6327+1.4*0.5852+3.3*0.4435+0.6*96.9785+1.0*1.4894
=62.72

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Feb. 2026:
Total Assets was 円2,505 Mil.
Total Current Assets was 円2,024 Mil.
Total Current Liabilities was 円439 Mil.
Retained Earnings was 円1,466 Mil.
Pre-Tax Income was -31 + 839 + -22 + 323 = 円1,109 Mil.
Interest Expense was 0 + -1 + -1 + 0 = 円-2 Mil.
Revenue was 648 + 1650 + 581 + 852 = 円3,731 Mil.
Market Cap (Today) was 円42,768 Mil.
Total Liabilities was 円441 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
=(2024 - 439)/2505
=0.6327

X2=Retained Earnings/Total Assets
=1466/2505
=0.5852

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1109 - -2)/2505
=0.4435

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=42767.520/441
=96.9785

X5=Revenue/Total Assets
=3731/2505
=1.4894

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Vrain Solution has a Altman Z-Score of 62.72 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 62.72 mean?
Vrain Solution (TSE:135A) has a Altman Z-Score of 62.72 as of Aug. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Vrain Solution and its competitors. This is 104% above median its historical median of 30.74. Over the past decade, Vrain Solution's Altman Z-Score has ranged from 17.22 to 82.55. According to the industry distribution chart, Vrain Solution ranks #112 out of 2775 companies in the Software industry, placing it in the top 4%.
Is Vrain Solution's Altman Z-Score too high?
Vrain Solution's current Altman Z-Score of 62.72 is 104% above median its 10-year median of 30.74. Over the past 10 years, this metric has ranged from a low of 17.22 to a high of 82.55. The Software industry median Altman Z-Score is 3.24. Vrain Solution's value of 62.72 is 1835.8% above this industry median. Based on the distribution chart, Vrain Solution ranks #112 out of 2775 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Vrain Solution has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Vrain Solution's Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Vrain Solution ranks #112 out of 2775 companies for Altman Z-Score. This places Vrain Solution in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.24. Vrain Solution's value of 62.72 is 1835.8% above this benchmark. Historically, Vrain Solution's own Altman Z-Score has ranged from 17.22 to 82.55 over the past decade. While the company's 10-year median is 30.74 vs. the industry median of 3.24, Vrain Solution 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 Z-Score for a Software company?
The median Altman Z-Score among Software companies is 3.24, based on 2,775 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vrain Solution's current Altman Z-Score of 62.72 is 1835.8% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Vrain Solution and its competitors. For the Software industry, the median Altman Z-Score is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vrain Solution's current Altman Z-Score is 62.72, which is 104% above median its own 10-year median of 30.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vrain Solution stock overvalued right now?
Vrain Solution (TSE:135A) has a current Altman Z-Score of 62.72. The current Altman Z-Score is 62.72, which is 104% above median its 10-year median of 30.74 and 1835.8% above the Software industry median of 3.24. Vrain Solution's overall GF Score™ is 23/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Vrain Solution (TSE:135A), the current Altman Z-Score is 62.72 as of Aug. 19, 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.

Vrain Solution Business Description

Address 17Floor Harumi Island Triton Square Office, Tower Y, 1-8-11 Harumi, Chuo-ku, Tokyo, JPN, 104-6117
Vrain Solution Inc is engaged in providing AI solutions for the manufacturing industry. It provides AI visual inspection, AI vibration inspection, AI abnormal sound inspection, production planning optimization and Safety management.
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