JSH Co (TSE:150A) Altman Z-Score: 1.95 (As of Jul. 06, 2026) — 48% Below Median


TSE:150A JSH Co Ltd TSE:150A
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What is JSH Co Altman Z-Score?

JSH Co TSE:150A +0.28% 11 Altman Z-Score is 1.95 as of Jul. 06, 2026, which is 48% below its 10-year median of 3.77. GuruFocus rates TSE:150A with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 549 Conglomerates companies, JSH Co ranks worse than 53.73% 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.

Warning Sign:

Altman Z-score of 1.95 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

JSH Co has a Altman Z-Score of 1.95, indicating it is in Grey Zones. This implies that JSH Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 JSH Co's Altman Z-Score or its related term are showing as below:

TSE:150A' s Altman Z-Score Range Over the Past 10 Years
Min: 1.92   Med: 3.77   Max: 5.31
Current: 1.95

During the past 5 years, JSH Co's highest Altman Z-Score was 5.31. The lowest was 1.92. And the median was 3.77.


JSH Co  (TSE:150A) 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.


JSH Co Altman Z-Score Related Terms


JSH Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for JSH Co'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.

JSH Co Altman Z-Score Chart

JSH Co Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 5.31 3.77 1.92

JSH Co Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial 5.31 4.81 3.77 0.00 1.92

TSE:150A vs HON, MMM: Altman Z-Score Comparison

For the Conglomerates subindustry, JSH Co'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.


JSH Co Altman Z-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, JSH Co's Altman Z-Score distribution charts can be found below:

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


TSE:150A
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JSH Co Ltd TSE:150A
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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JSH Co 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.

JSH Co'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*0.2393+1.4*-0.108+3.3*-0.0293+0.6*1.0959+1.0*1.2506
=1.95

* 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 Mar. 2026:
Total Assets was 円3,790 Mil.
Total Current Assets was 円1,695 Mil.
Total Current Liabilities was 円788 Mil.
Retained Earnings was 円-409 Mil.
Pre-Tax Income was 円-126 Mil.
Interest Expense was 円-15 Mil.
Revenue was 円4,740 Mil.
Market Cap (Today) was 円2,023 Mil.
Total Liabilities was 円1,846 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
=(1695.05 - 787.977)/3790.391
=0.2393

X2=Retained Earnings/Total Assets
=-409.345/3790.391
=-0.108

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-126.012 - -14.843)/3790.391
=-0.0293

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2022.798/1845.801
=1.0959

X5=Revenue/Total Assets
=4740.202/3790.391
=1.2506

The zones of discrimination were as such:

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

JSH Co has a Altman Z-Score of 1.95 indicating it is in Grey 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 1.95 mean?
JSH Co (TSE:150A) has a Altman Z-Score of 1.95 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on JSH Co and its competitors. This is 48% below median its historical median of 3.77. Over the past decade, JSH Co's Altman Z-Score has ranged from 1.92 to 5.31. According to the industry distribution chart, JSH Co ranks #295 out of 549 companies in the Conglomerates industry, placing it in the top 53.7%.
Is JSH Co's Altman Z-Score too high?
JSH Co's current Altman Z-Score of 1.95 is 48% below median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 5.31. The Conglomerates industry median Altman Z-Score is 2.07. JSH Co's value of 1.95 is 5.8% below this industry median. Based on the distribution chart, JSH Co ranks #295 out of 549 companies in the Conglomerates industry, which is below the industry midpoint. Overall, JSH Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does JSH Co's Altman Z-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, JSH Co ranks #295 out of 549 companies for Altman Z-Score. This places JSH Co in the lower half of its industry. The industry median Altman Z-Score is 2.07. JSH Co's value of 1.95 is 5.8% below this benchmark. Historically, JSH Co's own Altman Z-Score has ranged from 1.92 to 5.31 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 2.07, JSH 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 Z-Score for a Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.07, based on 549 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. JSH Co's current Altman Z-Score of 1.95 is 5.8% 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 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 JSH Co and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSH Co's current Altman Z-Score is 1.95, which is 48% below median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSH Co stock overvalued right now?
JSH Co (TSE:150A) has a current Altman Z-Score of 1.95. The current Altman Z-Score is 1.95, which is 48% below median its 10-year median of 3.77 and 5.8% below the Conglomerates industry median of 2.07. JSH Co's overall GF Score™ is 11/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For JSH Co (TSE:150A), the current Altman Z-Score is 1.95 as of Jul. 06, 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.

JSH Co Business Description

Address 1-1-5 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
JSH Co Ltd is engaged in Regional revitalization business (Employment support services for people with disabilities, Tourism and tourist products service), and Home medical care business (Psychiatric home visit consultations and home nursing care services).
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