Amuse (TSE:4301) Altman Z-Score: 3.44 (As of Jul. 04, 2026) — 19% Below Median


TSE:4301 Amuse Inc TSE:4301
71 GF Score
Price 円1,880.00
GF Value 円2,079.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Amuse Altman Z-Score?

Amuse TSE:4301 +0.59% 71 Altman Z-Score is 3.44 as of Jul. 04, 2026, which is 19% below its 10-year median of 4.23. GuruFocus rates TSE:4301 with a GF Score™ of 71/100 and a GF Value™ of 円2,079.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,013 Media - Diversified companies, Amuse ranks better than 73.05% 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 3.44 is strong.

Amuse has a Altman Z-Score of 3.44, 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 Amuse's Altman Z-Score or its related term are showing as below:

TSE:4301' s Altman Z-Score Range Over the Past 10 Years
Min: 2.86   Med: 4.23   Max: 5.44
Current: 3.44

During the past 13 years, Amuse's highest Altman Z-Score was 5.44. The lowest was 2.86. And the median was 4.23.


Amuse  (TSE:4301) 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.


Amuse Altman Z-Score Related Terms


Amuse Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Amuse'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.

Amuse Altman Z-Score Chart

Amuse 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 4.30 3.28 3.01 2.86 3.50

Amuse Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.86 3.15 3.17 3.33 3.50

TSE:4301 vs NFLX, DIS, WBD: Altman Z-Score Comparison

For the Entertainment subindustry, Amuse'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.


Amuse Altman Z-Score vs Media - Diversified Industry

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

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


TSE:4301
71GF Score
Amuse Inc TSE:4301
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Amuse 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.

Amuse'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*0.4361+1.4*0.5532+3.3*0.0773+0.6*1.2853+1.0*1.1145
=3.44

* 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62,499 Mil.
Total Current Assets was 円49,470 Mil.
Total Current Liabilities was 円22,215 Mil.
Retained Earnings was 円34,573 Mil.
Pre-Tax Income was -1754 + 1514 + 1453 + 3617 = 円4,830 Mil.
Interest Expense was 0 + -2 + 0 + 0 = 円-2 Mil.
Revenue was 14625 + 14825 + 17548 + 22657 = 円69,655 Mil.
Market Cap (Today) was 円30,485 Mil.
Total Liabilities was 円23,718 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
=(49470 - 22215)/62499
=0.4361

X2=Retained Earnings/Total Assets
=34573/62499
=0.5532

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4830 - -2)/62499
=0.0773

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=30484.679/23718
=1.2853

X5=Revenue/Total Assets
=69655/62499
=1.1145

The zones of discrimination were as such:

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

Amuse has a Altman Z-Score of 3.44 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 3.44 mean?
Amuse (TSE:4301) has a Altman Z-Score of 3.44 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Amuse and its competitors. This is 19% below median its historical median of 4.23. Over the past decade, Amuse's Altman Z-Score has ranged from 2.86 to 5.44. According to the industry distribution chart, Amuse ranks #273 out of 1013 companies in the Media - Diversified industry, placing it in the top 26.9%.
Is Amuse's Altman Z-Score too high?
Amuse's current Altman Z-Score of 3.44 is 19% below median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 5.44. The Media - Diversified industry median Altman Z-Score is 1.95. Amuse's value of 3.44 is 76.4% above this industry median. Based on the distribution chart, Amuse ranks #273 out of 1013 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Amuse has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amuse's Altman Z-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Amuse ranks #273 out of 1013 companies for Altman Z-Score. This puts Amuse in the upper half of its industry. The industry median Altman Z-Score is 1.95. Amuse's value of 3.44 is 76.4% above this benchmark. Historically, Amuse's own Altman Z-Score has ranged from 2.86 to 5.44 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 1.95, Amuse 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 1.95, based on 1,013 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. Amuse's current Altman Z-Score of 3.44 is 76.4% 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 Amuse and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amuse's current Altman Z-Score is 3.44, which is 19% below median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amuse stock overvalued right now?
Based on GuruFocus' analysis, Amuse (TSE:4301) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,079.64, compared to a current price of 円1,880.00 — trading 9.6% below its estimated fair value. The current Altman Z-Score is 3.44, which is 19% below median its 10-year median of 4.23 and 76.4% above the Media - Diversified industry median of 1.95. Amuse's overall GF Score™ is 71/100 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 Amuse (TSE:4301), the current Altman Z-Score is 3.44 as of Jul. 04, 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 Amuse (TSE:4301) Overvalued in 2026?

Based on GuruFocus' analysis, Amuse stock appears to be undervalued. The current stock price of 円1,880.00 is trading 9.6% below its estimated GF Value™ of 円2,079.64. GuruFocus considers Amuse to be Modestly Undervalued.

Key valuation signals for TSE:4301:

  • Altman Z-Score: 3.44 (19% below median its 10-year median of 4.23)
  • GF Value™: 円2,079.64 vs. price of 円1,880.00 (9.6% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 76.4% above the Media - Diversified median (#273 of 1013)

No single metric tells the full story. See the TSE:4301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amuse Business Description

Address 20-1 Sakuragaoka-cho, Shibuya-ku, Tokyo, JPN, 150-0031
Amuse Inc is a Japan based integrated entertainment group. It is involved in the businesses of artist management business, media visual business, contents business, place management business, and other businesses. In artist management business, the company is engaged in the production of concerts, stage performances of artists, planning and production of stage performances and events, management of fan clubs and sales of a variety of goods and products, television, radio and commercial appearances, and production and distribution of record masters and management of copyright. In media visual business, the company manages image-based entertainment, such as producing and distributing visual software such as TV shows and movies and producing and selling DVDs.
71GF Score

Get the complete analysis for TSE:4301

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

円1,880.00
Price
円2,079.64
GF Value