Matsumoto Yushi-Seiyaku Co (TSE:4365) Altman Z-Score: 4.90 (As of Jul. 08, 2026) — Near Median


TSE:4365 Matsumoto Yushi-Seiyaku Co Ltd TSE:4365
82 GF Score
Price 円20,050.00
GF Value 円17,988.51
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Matsumoto Yushi-Seiyaku Co Altman Z-Score?

Matsumoto Yushi-Seiyaku Co TSE:4365 -0.25% 82 Altman Z-Score is 4.90 as of Jul. 08, 2026, which is 1% above its 10-year median of 4.85. GuruFocus rates TSE:4365 with a GF Score™ of 82/100 and a GF Value™ of 円17,988.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,561 Chemicals companies, Matsumoto Yushi-Seiyaku Co ranks better than 69.63% 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 4.92 is strong.

Matsumoto Yushi-Seiyaku Co has a Altman Z-Score of 4.90, 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 Matsumoto Yushi-Seiyaku Co's Altman Z-Score or its related term are showing as below:

TSE:4365' s Altman Z-Score Range Over the Past 10 Years
Min: 4.23   Med: 4.85   Max: 4.92
Current: 4.92

During the past 13 years, Matsumoto Yushi-Seiyaku Co's highest Altman Z-Score was 4.92. The lowest was 4.23. And the median was 4.85.


Matsumoto Yushi-Seiyaku Co  (TSE:4365) 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.


Matsumoto Yushi-Seiyaku Co Altman Z-Score Related Terms


Matsumoto Yushi-Seiyaku Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Matsumoto Yushi-Seiyaku 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.

Matsumoto Yushi-Seiyaku Co Altman Z-Score Chart

Matsumoto Yushi-Seiyaku 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 4.23 4.92 4.86 4.84 4.86

Matsumoto Yushi-Seiyaku Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.86 4.67 4.84 0.00 4.86

TSE:4365 vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Matsumoto Yushi-Seiyaku 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.


Matsumoto Yushi-Seiyaku Co Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Matsumoto Yushi-Seiyaku Co's Altman Z-Score distribution charts can be found below:

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


TSE:4365
82GF Score
Matsumoto Yushi-Seiyaku Co Ltd TSE:4365
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matsumoto Yushi-Seiyaku 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.

Matsumoto Yushi-Seiyaku 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*0.5836+1.4*0.7666+3.3*0.108+0.6*3.97+1.0*0.3878
=4.90

* 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105,916 Mil.
Total Current Assets was 円72,714 Mil.
Total Current Liabilities was 円10,899 Mil.
Retained Earnings was 円81,200 Mil.
Pre-Tax Income was 円11,442 Mil.
Interest Expense was 円0 Mil.
Revenue was 円41,069 Mil.
Market Cap (Today) was 円58,168 Mil.
Total Liabilities was 円14,652 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
=(72714 - 10899)/105916
=0.5836

X2=Retained Earnings/Total Assets
=81200/105916
=0.7666

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(11442 - 0)/105916
=0.108

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=58167.857/14652
=3.97

X5=Revenue/Total Assets
=41069/105916
=0.3878

The zones of discrimination were as such:

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

Matsumoto Yushi-Seiyaku Co has a Altman Z-Score of 4.90 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 4.90 mean?
Matsumoto Yushi-Seiyaku Co (TSE:4365) has a Altman Z-Score of 4.90 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Matsumoto Yushi-Seiyaku Co and its competitors. This is near median its historical median of 4.85. Over the past decade, Matsumoto Yushi-Seiyaku Co's Altman Z-Score has ranged from 4.23 to 4.92. According to the industry distribution chart, Matsumoto Yushi-Seiyaku Co ranks #474 out of 1561 companies in the Chemicals industry, placing it in the top 30.4%.
Is Matsumoto Yushi-Seiyaku Co's Altman Z-Score too high?
Matsumoto Yushi-Seiyaku Co's current Altman Z-Score of 4.90 is near median its 10-year median of 4.85. Over the past 10 years, this metric has ranged from a low of 4.23 to a high of 4.92. The Chemicals industry median Altman Z-Score is 3.18. Matsumoto Yushi-Seiyaku Co's value of 4.90 is 54.1% above this industry median. Based on the distribution chart, Matsumoto Yushi-Seiyaku Co ranks #474 out of 1561 companies in the Chemicals industry, which is above the industry midpoint. Overall, Matsumoto Yushi-Seiyaku Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matsumoto Yushi-Seiyaku Co's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Matsumoto Yushi-Seiyaku Co ranks #474 out of 1561 companies for Altman Z-Score. This puts Matsumoto Yushi-Seiyaku Co in the upper half of its industry. The industry median Altman Z-Score is 3.18. Matsumoto Yushi-Seiyaku Co's value of 4.90 is 54.1% above this benchmark. Historically, Matsumoto Yushi-Seiyaku Co's own Altman Z-Score has ranged from 4.23 to 4.92 over the past decade. While the company's 10-year median is 4.85 vs. the industry median of 3.18, Matsumoto Yushi-Seiyaku 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,561 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. Matsumoto Yushi-Seiyaku Co's current Altman Z-Score of 4.90 is 54.1% 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 Matsumoto Yushi-Seiyaku Co and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsumoto Yushi-Seiyaku Co's current Altman Z-Score is 4.90, which is near median its own 10-year median of 4.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsumoto Yushi-Seiyaku Co stock overvalued right now?
Based on GuruFocus' analysis, Matsumoto Yushi-Seiyaku Co (TSE:4365) is currently considered Modestly Overvalued. The stock's GF Value™ is 円17,988.51, compared to a current price of 円20,050.00 — trading 11.5% above its estimated fair value. The current Altman Z-Score is 4.90, which is near median its 10-year median of 4.85 and 54.1% above the Chemicals industry median of 3.18. Matsumoto Yushi-Seiyaku Co's overall GF Score™ is 82/100 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 Matsumoto Yushi-Seiyaku Co (TSE:4365), the current Altman Z-Score is 4.90 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 Matsumoto Yushi-Seiyaku Co (TSE:4365) Overvalued in 2026?

Based on GuruFocus' analysis, Matsumoto Yushi-Seiyaku Co stock appears to be overvalued. The current stock price of 円20,050.00 is trading 11.5% above its estimated GF Value™ of 円17,988.51. GuruFocus considers Matsumoto Yushi-Seiyaku Co to be Modestly Overvalued.

Key valuation signals for TSE:4365:

  • Altman Z-Score: 4.90 (near median its 10-year median of 4.85)
  • GF Value™: 円17,988.51 vs. price of 円20,050.00 (11.5% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 54.1% above the Chemicals median (#474 of 1561)

No single metric tells the full story. See the TSE:4365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matsumoto Yushi-Seiyaku Co Business Description

Address 2-1-3 Shibukawacho, Yao City, Osaka, JPN, 581-0075
Matsumoto Yushi-Seiyaku Co Ltd is engaged in production and supply of surface active agents and polymers. The company's products include sizing chemicals for weaving, spin finishes for extrusion spinning, textile spinning and functional surface treatment of fibers, knitting and weaving lubricants, and others. Geographically, it operates in two segments: Japan and Asia, of which it generates maximum revenue from Japan.
82GF Score

Get the complete analysis for TSE:4365

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

円20,050.00
Price
円17,988.51
GF Value