Fuji Oil Co (TSE:2607) Altman Z-Score: 2.46 (As of Jul. 08, 2026) — Near Median


TSE:2607 Fuji Oil Co Ltd TSE:2607
69 GF Score
Price 円4,119.00
GF Value 円3,492.56
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Fuji Oil Co Altman Z-Score?

Fuji Oil Co TSE:2607 +0.56% 69 Altman Z-Score is 2.46 as of Jul. 08, 2026, which is 1% above its 10-year median of 2.44. GuruFocus rates TSE:2607 with a GF Score™ of 69/100 and a GF Value™ of 円3,492.56 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Fuji Oil Co ranks worse than 58.03% 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 2.45 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.

Fuji Oil Co has a Altman Z-Score of 2.46, indicating it is in Grey Zones. This implies that Fuji Oil 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 Fuji Oil Co's Altman Z-Score or its related term are showing as below:

TSE:2607' s Altman Z-Score Range Over the Past 10 Years
Min: 2.13   Med: 2.44   Max: 3.89
Current: 2.45

During the past 13 years, Fuji Oil Co's highest Altman Z-Score was 3.89. The lowest was 2.13. And the median was 2.44.


Fuji Oil Co  (TSE:2607) 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.


Fuji Oil Co Altman Z-Score Related Terms


Fuji Oil Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fuji Oil 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.

Fuji Oil Co Altman Z-Score Chart

Fuji Oil Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.35 2.48 2.13 2.39

Fuji Oil Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.13 2.03 2.16 2.25 2.39

TSE:2607 vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Fuji Oil 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.


Fuji Oil Co Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fuji Oil Co's Altman Z-Score distribution charts can be found below:

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


TSE:2607
69GF Score
Fuji Oil Co Ltd TSE:2607
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuji Oil 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.

Fuji Oil 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*0.1597+1.4*0.2478+3.3*0.0496+0.6*0.9024+1.0*1.2125
=2.46

* 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636,933 Mil.
Total Current Assets was 円359,051 Mil.
Total Current Liabilities was 円257,324 Mil.
Retained Earnings was 円157,829 Mil.
Pre-Tax Income was 628 + 11623 + 7829 + 3350 = 円23,430 Mil.
Interest Expense was -1961 + -2322 + -1779 + -2120 = 円-8,182 Mil.
Revenue was 189505 + 207087 + 193865 + 181831 = 円772,288 Mil.
Market Cap (Today) was 円354,162 Mil.
Total Liabilities was 円392,456 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
=(359051 - 257324)/636933
=0.1597

X2=Retained Earnings/Total Assets
=157829/636933
=0.2478

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(23430 - -8182)/636933
=0.0496

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=354161.864/392456
=0.9024

X5=Revenue/Total Assets
=772288/636933
=1.2125

The zones of discrimination were as such:

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

Fuji Oil Co has a Altman Z-Score of 2.46 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 2.46 mean?
Fuji Oil Co (TSE:2607) has a Altman Z-Score of 2.46 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fuji Oil Co and its competitors. This is near median its historical median of 2.44. Over the past decade, Fuji Oil Co's Altman Z-Score has ranged from 2.13 to 3.89. According to the industry distribution chart, Fuji Oil Co ranks #1120 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 58%.
Is Fuji Oil Co's Altman Z-Score too high?
Fuji Oil Co's current Altman Z-Score of 2.46 is near median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 3.89. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Fuji Oil Co's value of 2.46 is 14% below this industry median. Based on the distribution chart, Fuji Oil Co ranks #1120 out of 1930 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fuji Oil Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuji Oil Co's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fuji Oil Co ranks #1120 out of 1930 companies for Altman Z-Score. This places Fuji Oil Co in the lower half of its industry. The industry median Altman Z-Score is 2.86. Fuji Oil Co's value of 2.46 is 14% below this benchmark. Historically, Fuji Oil Co's own Altman Z-Score has ranged from 2.13 to 3.89 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 2.86, Fuji Oil 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,930 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. Fuji Oil Co's current Altman Z-Score of 2.46 is 14% 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 Fuji Oil Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji Oil Co's current Altman Z-Score is 2.46, which is near median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Fuji Oil Co (TSE:2607) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,492.56, compared to a current price of 円4,119.00 — trading 17.9% above its estimated fair value. The current Altman Z-Score is 2.46, which is near median its 10-year median of 2.44 and 14% below the Consumer Packaged Goods industry median of 2.86. Fuji Oil Co's overall GF Score™ is 69/100 with 11 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 Fuji Oil Co (TSE:2607), the current Altman Z-Score is 2.46 as of Jul. 08, 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 Fuji Oil Co (TSE:2607) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji Oil Co stock appears to be overvalued. The current stock price of 円4,119.00 is trading 17.9% above its estimated GF Value™ of 円3,492.56. GuruFocus considers Fuji Oil Co to be Modestly Overvalued.

Key valuation signals for TSE:2607:

  • Altman Z-Score: 2.46 (near median its 10-year median of 2.44)
  • GF Value™: 円3,492.56 vs. price of 円4,119.00 (17.9% above fair value)
  • GF Score™: 69/100 with 11 warning signs
  • Industry Position: 14% below the Consumer Packaged Goods median (#1120 of 1930)

No single metric tells the full story. See the TSE:2607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji Oil Co Business Description

Address 1 Sumiyoshi-cho, Izumisano-shi, Osaka, JPN, 598-8540
Fuji Oil Co Ltd is engaged in development, manufacture, and sale of food related to the business of vegetable oils & fats, industrial chocolate , emulsified & fermented ingredients and soy-based ingredients. Key revenue is engaged in Industrial Chocolate.
69GF Score

Get the complete analysis for TSE:2607

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

円4,119.00
Price
円3,492.56
GF Value