Chiikishinbunsha Co (TSE:2164) Altman Z-Score: 2.12 (As of Aug. 26, 2026) — 26% Below Median

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TSE:2164 Chiikishinbunsha Co Ltd TSE:2164
41 GF Score
Price 円147.00
GF Value 円92.83
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Chiikishinbunsha Co Altman Z-Score?

Chiikishinbunsha Co TSE:2164 +0.68% 41 Altman Z-Score is 2.12 as of Aug. 26, 2026, which is 26% below its 10-year median of 2.86. GuruFocus rates TSE:2164 with a GF Score™ of 41/100 and a GF Value™ of 円92.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,006 Media - Diversified companies, Chiikishinbunsha Co ranks better than 52.09% 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 2.09 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.

Chiikishinbunsha Co has a Altman Z-Score of 2.12, indicating it is in Grey Zones. This implies that Chiikishinbunsha 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 Chiikishinbunsha Co's Altman Z-Score or its related term are showing as below:

TSE:2164' s Altman Z-Score Range Over the Past 10 Years
Min: 1.67   Med: 2.86   Max: 7.37
Current: 2.09

During the past 13 years, Chiikishinbunsha Co's highest Altman Z-Score was 7.37. The lowest was 1.67. And the median was 2.86.


Chiikishinbunsha Co  (TSE:2164) 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.


Chiikishinbunsha Co Altman Z-Score Related Terms


Chiikishinbunsha Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Chiikishinbunsha 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.

Chiikishinbunsha Co Altman Z-Score Chart

Chiikishinbunsha Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 3.07 2.93 3.02 1.97

Chiikishinbunsha Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 1.97 1.68 2.18 0.00

TSE:2164 vs NYT, WLY: Altman Z-Score Comparison

For the Publishing subindustry, Chiikishinbunsha 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.


Chiikishinbunsha Co Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chiikishinbunsha Co's Altman Z-Score distribution charts can be found below:

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


TSE:2164
41GF Score
Chiikishinbunsha Co Ltd TSE:2164
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chiikishinbunsha 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.

Chiikishinbunsha 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*0.1515+1.4*-0.1486+3.3*-0.0123+0.6*1.4196+1.0*1.3308
=2.12

* 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2,509 Mil.
Total Current Assets was 円1,109 Mil.
Total Current Liabilities was 円729 Mil.
Retained Earnings was 円-373 Mil.
Pre-Tax Income was 2.41 + -6.801 + -57.896 + 19.599 = 円-43 Mil.
Interest Expense was -3.404 + -3.015 + -2.803 + -2.64 = 円-12 Mil.
Revenue was 889.466 + 815.872 + 819.651 + 813.627 = 円3,339 Mil.
Market Cap (Today) was 円2,271 Mil.
Total Liabilities was 円1,599 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
=(1109.279 - 729.134)/2508.767
=0.1515

X2=Retained Earnings/Total Assets
=-372.804/2508.767
=-0.1486

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-42.688 - -11.862)/2508.767
=-0.0123

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2270.556/1599.458
=1.4196

X5=Revenue/Total Assets
=3338.616/2508.767
=1.3308

The zones of discrimination were as such:

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

Chiikishinbunsha Co has a Altman Z-Score of 2.12 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 2.12 mean?
Chiikishinbunsha Co (TSE:2164) has a Altman Z-Score of 2.12 as of Aug. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chiikishinbunsha Co and its competitors. This is 26% below median its historical median of 2.86. Over the past decade, Chiikishinbunsha Co's Altman Z-Score has ranged from 1.67 to 7.37. According to the industry distribution chart, Chiikishinbunsha Co ranks #482 out of 1006 companies in the Media - Diversified industry, placing it in the top 47.9%.
Is Chiikishinbunsha Co's Altman Z-Score too high?
Chiikishinbunsha Co's current Altman Z-Score of 2.12 is 26% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 7.37. The Media - Diversified industry median Altman Z-Score is 2.00. Chiikishinbunsha Co's value of 2.12 is 6% above this industry median. Based on the distribution chart, Chiikishinbunsha Co ranks #482 out of 1006 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Chiikishinbunsha Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chiikishinbunsha Co's Altman Z-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Chiikishinbunsha Co ranks #482 out of 1006 companies for Altman Z-Score. This puts Chiikishinbunsha Co in the upper half of its industry. The industry median Altman Z-Score is 2.00. Chiikishinbunsha Co's value of 2.12 is 6% above this benchmark. Historically, Chiikishinbunsha Co's own Altman Z-Score has ranged from 1.67 to 7.37 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 2.00, Chiikishinbunsha Co 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 2.00, based on 1,006 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. Chiikishinbunsha Co's current Altman Z-Score of 2.12 is 6% 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 Chiikishinbunsha Co and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chiikishinbunsha Co's current Altman Z-Score is 2.12, which is 26% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiikishinbunsha Co stock overvalued right now?
Based on GuruFocus' analysis, Chiikishinbunsha Co (TSE:2164) is currently considered Significantly Overvalued. The stock's GF Value™ is 円92.83, compared to a current price of 円147.00 — trading 58.4% above its estimated fair value. The current Altman Z-Score is 2.12, which is 26% below median its 10-year median of 2.86 and 6% above the Media - Diversified industry median of 2.00. Chiikishinbunsha Co's overall GF Score™ is 41/100 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 Chiikishinbunsha Co (TSE:2164), the current Altman Z-Score is 2.12 as of Aug. 26, 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 Chiikishinbunsha Co (TSE:2164) Overvalued in 2026?

Based on GuruFocus' analysis, Chiikishinbunsha Co stock appears to be overvalued. The current stock price of 円147.00 is trading 58.4% above its estimated GF Value™ of 円92.83. GuruFocus considers Chiikishinbunsha Co to be Significantly Overvalued.

Key valuation signals for TSE:2164:

  • Altman Z-Score: 2.12 (26% below median its 10-year median of 2.86)
  • GF Value™: 円92.83 vs. price of 円147.00 (58.4% above fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 6% above the Media - Diversified median (#482 of 1006)

No single metric tells the full story. See the TSE:2164 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chiikishinbunsha Co Business Description

Other Exchanges 2164:Japan
Address 1-11-16 Katsutadai Kita, Japan VH Katsutadai Building, 5th Floor, Chiba Prefecture, Yachiyo, JPN, 276-0020
Chiikishinbunsha Co Ltd is engaged in publishing a local newspaper. The company provides design and production of various types of printed matter; distribution business of various promotional products; collection, processing, and sale of various kinds of information; and business related to solicitation of life insurance and non-life insurance.
41GF Score

Get the complete analysis for TSE:2164

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

円147.00
Price
円92.83
GF Value