Takamisawa Co (TSE:5283) Altman Z-Score: 2.76 (As of Aug. 28, 2026) — Near Median

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TSE:5283 Takamisawa Co Ltd TSE:5283
63 GF Score
Price 円3,200.00
GF Value 円3,386.36
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Takamisawa Co Altman Z-Score?

Takamisawa Co TSE:5283 +1.43% 63 Altman Z-Score is 2.76 as of Aug. 28, 2026, which is 7% above its 10-year median of 2.59. GuruFocus rates TSE:5283 with a GF Score™ of 63/100 and a GF Value™ of 円3,386.36 (Fairly Valued). The stock has 2 warning signs investors should review. Among 403 Building Materials companies, Takamisawa Co ranks better than 59.31% 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 2.61 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.

Takamisawa Co has a Altman Z-Score of 2.76, indicating it is in Grey Zones. This implies that Takamisawa 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 Takamisawa Co's Altman Z-Score or its related term are showing as below:

TSE:5283' s Altman Z-Score Range Over the Past 10 Years
Min: 2.05   Med: 2.59   Max: 2.74
Current: 2.61

During the past 13 years, Takamisawa Co's highest Altman Z-Score was 2.74. The lowest was 2.05. And the median was 2.59.


Takamisawa Co  (TSE:5283) 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.


Takamisawa Co Altman Z-Score Related Terms


Takamisawa Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Takamisawa 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.

Takamisawa Co Altman Z-Score Chart

Takamisawa Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 2.69 2.63 2.05 0.00

Takamisawa Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.05 2.08 2.48 2.60 0.00

TSE:5283 vs CRH, VMC, MLM: Altman Z-Score Comparison

For the Building Materials subindustry, Takamisawa 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.


Takamisawa Co Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Takamisawa Co's Altman Z-Score distribution charts can be found below:

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


TSE:5283
63GF Score
Takamisawa Co Ltd TSE:5283
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takamisawa 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.

Takamisawa 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*0.1628+1.4*0.3272+3.3*0.0415+0.6*0.211+1.0*1.8442
=2.76

* 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41,025 Mil.
Total Current Assets was 円22,375 Mil.
Total Current Liabilities was 円15,696 Mil.
Retained Earnings was 円13,422 Mil.
Pre-Tax Income was 212 + 563 + 651 + 152 = 円1,578 Mil.
Interest Expense was -34 + -34 + -30 + -25 = 円-123 Mil.
Revenue was 18209 + 19484 + 20725 + 17242 = 円75,660 Mil.
Market Cap (Today) was 円5,286 Mil.
Total Liabilities was 円25,057 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
=(22375 - 15696)/41025
=0.1628

X2=Retained Earnings/Total Assets
=13422/41025
=0.3272

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1578 - -123)/41025
=0.0415

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5286.477/25057
=0.211

X5=Revenue/Total Assets
=75660/41025
=1.8442

The zones of discrimination were as such:

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

Takamisawa Co has a Altman Z-Score of 2.76 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 2.76 mean?
Takamisawa Co (TSE:5283) has a Altman Z-Score of 2.76 as of Aug. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Takamisawa Co and its competitors. This is near median its historical median of 2.59. Over the past decade, Takamisawa Co's Altman Z-Score has ranged from 2.05 to 2.74. According to the industry distribution chart, Takamisawa Co ranks #164 out of 403 companies in the Building Materials industry, placing it in the top 40.7%.
Is Takamisawa Co's Altman Z-Score too high?
Takamisawa Co's current Altman Z-Score of 2.76 is near median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 2.74. The Building Materials industry median Altman Z-Score is 2.26. Takamisawa Co's value of 2.76 is 22.1% above this industry median. Based on the distribution chart, Takamisawa Co ranks #164 out of 403 companies in the Building Materials industry, which is above the industry midpoint. Overall, Takamisawa Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Takamisawa Co's Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Takamisawa Co ranks #164 out of 403 companies for Altman Z-Score. This puts Takamisawa Co in the upper half of its industry. The industry median Altman Z-Score is 2.26. Takamisawa Co's value of 2.76 is 22.1% above this benchmark. Historically, Takamisawa Co's own Altman Z-Score has ranged from 2.05 to 2.74 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.26, Takamisawa 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.26, based on 403 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. Takamisawa Co's current Altman Z-Score of 2.76 is 22.1% 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 Takamisawa Co and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takamisawa Co's current Altman Z-Score is 2.76, which is near median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takamisawa Co stock overvalued right now?
Based on GuruFocus' analysis, Takamisawa Co (TSE:5283) is currently considered Fairly Valued. The stock's GF Value™ is 円3,386.36, compared to a current price of 円3,200.00 — trading 5.5% below its estimated fair value. The current Altman Z-Score is 2.76, which is near median its 10-year median of 2.59 and 22.1% above the Building Materials industry median of 2.26. Takamisawa Co's overall GF Score™ is 63/100 with 2 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 Takamisawa Co (TSE:5283), the current Altman Z-Score is 2.76 as of Aug. 28, 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 Takamisawa Co (TSE:5283) Overvalued in 2026?

Based on GuruFocus' analysis, Takamisawa Co stock appears to be undervalued. The current stock price of 円3,200.00 is trading 5.5% below its estimated GF Value™ of 円3,386.36. GuruFocus considers Takamisawa Co to be Fairly Valued.

Key valuation signals for TSE:5283:

  • Altman Z-Score: 2.76 (near median its 10-year median of 2.59)
  • GF Value™: 円3,386.36 vs. price of 円3,200.00 (5.5% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 22.1% above the Building Materials median (#164 of 403)

No single metric tells the full story. See the TSE:5283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takamisawa Co Business Description

Address 1605-14 Midori Nagano-shi, 7th floor, Takamisawa diamond building, Nagano Prefecture, Nagano, JPN, 380-0813
Takamisawa Co Ltd is a Japanese based company operating in the businesses of construction, electrical construction material, car life, and housing and lifestyle. In the Construction business, the company manufactures and sells secondary concrete products, ready-mixed concrete, sand, gravel, and cement. It is also engaged in the civil engineering and construction, and infrastructure development of mansion, ports and harbors, among others.
63GF Score

Get the complete analysis for TSE:5283

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

円3,200.00
Price
円3,386.36
GF Value