Architects Studio Japan (TSE:6085) Altman Z-Score: 11.45 (As of Jul. 24, 2026) — 8079% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6085 Architects Studio Japan Inc TSE:6085
31 GF Score
Price 円119.00
GF Value 円13.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Architects Studio Japan Altman Z-Score?

Architects Studio Japan TSE:6085 -7.03% 31 Altman Z-Score is 11.45 as of Jul. 24, 2026, which is 8079% above its 10-year median of 0.14. GuruFocus rates TSE:6085 with a GF Score™ of 31/100 and a GF Value™ of 円13.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,757 Construction companies, Architects Studio Japan ranks better than 97.27% 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 12.74 is strong.

Architects Studio Japan has a Altman Z-Score of 11.45, 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 Architects Studio Japan's Altman Z-Score or its related term are showing as below:

TSE:6085' s Altman Z-Score Range Over the Past 10 Years
Min: -3.54   Med: 0.14   Max: 12.74
Current: 12.74

During the past 12 years, Architects Studio Japan's highest Altman Z-Score was 12.74. The lowest was -3.54. And the median was 0.14.


Architects Studio Japan  (TSE:6085) 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.


Architects Studio Japan Altman Z-Score Related Terms


Architects Studio Japan Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Architects Studio Japan'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.

Architects Studio Japan Altman Z-Score Chart

Architects Studio Japan Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 0.14 0.33 -2.54 -3.38

Architects Studio Japan Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 -3.54 -3.38 -3.22 -0.49 0.00

TSE:6085 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Architects Studio Japan'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.


Architects Studio Japan Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Architects Studio Japan's Altman Z-Score distribution charts can be found below:

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


TSE:6085
31GF Score
Architects Studio Japan Inc TSE:6085
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Architects Studio Japan 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.

Architects Studio Japan'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*0.3636+1.4*-3.549+3.3*-0.6479+0.6*28.3911+1.0*1.0895
=11.45

* 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. 2024:
Total Assets was 円544.2 Mil.
Total Current Assets was 円466.4 Mil.
Total Current Liabilities was 円268.5 Mil.
Retained Earnings was 円-1,931.3 Mil.
Pre-Tax Income was 円-357.3 Mil.
Interest Expense was 円-4.7 Mil.
Revenue was 円592.9 Mil.
Market Cap (Today) was 円13,654.2 Mil.
Total Liabilities was 円480.9 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
=(466.362 - 268.472)/544.186
=0.3636

X2=Retained Earnings/Total Assets
=-1931.34/544.186
=-3.549

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-357.268 - -4.688)/544.186
=-0.6479

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13654.150/480.931
=28.3911

X5=Revenue/Total Assets
=592.868/544.186
=1.0895

The zones of discrimination were as such:

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

Architects Studio Japan has a Altman Z-Score of 11.45 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 11.45 mean?
Architects Studio Japan (TSE:6085) has a Altman Z-Score of 11.45 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Architects Studio Japan and its competitors. This is 8079% above median its historical median of 0.14. According to the industry distribution chart, Architects Studio Japan ranks #48 out of 1757 companies in the Construction industry, placing it in the top 2.7%.
Is Architects Studio Japan's Altman Z-Score too high?
Architects Studio Japan's current Altman Z-Score of 11.45 is 8079% above median its 10-year median of 0.14. The Construction industry median Altman Z-Score is 2.30. Architects Studio Japan's value of 11.45 is 397.8% above this industry median. Based on the distribution chart, Architects Studio Japan ranks #48 out of 1757 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Architects Studio Japan has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Architects Studio Japan's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Architects Studio Japan ranks #48 out of 1757 companies for Altman Z-Score. This places Architects Studio Japan in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.30. Architects Studio Japan's value of 11.45 is 397.8% above this benchmark. While the company's 10-year median is 0.14 vs. the industry median of 2.30, Architects Studio Japan 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 Construction company?
The median Altman Z-Score among Construction companies is 2.30, based on 1,757 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. Architects Studio Japan's current Altman Z-Score of 11.45 is 397.8% 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 Architects Studio Japan and its competitors. For the Construction industry, the median Altman Z-Score is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Architects Studio Japan's current Altman Z-Score is 11.45, which is 8079% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Architects Studio Japan stock overvalued right now?
Based on GuruFocus' analysis, Architects Studio Japan (TSE:6085) is currently considered Significantly Overvalued. The stock's GF Value™ is 円13.15, compared to a current price of 円119.00 — trading 804.9% above its estimated fair value. The current Altman Z-Score is 11.45, which is 8079% above median its 10-year median of 0.14 and 397.8% above the Construction industry median of 2.30. Architects Studio Japan's overall GF Score™ is 31/100 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 Architects Studio Japan (TSE:6085), the current Altman Z-Score is 11.45 as of Jul. 24, 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 Architects Studio Japan (TSE:6085) Overvalued in 2026?

Based on GuruFocus' analysis, Architects Studio Japan stock appears to be overvalued. The current stock price of 円119.00 is trading 804.9% above its estimated GF Value™ of 円13.15. GuruFocus considers Architects Studio Japan to be Significantly Overvalued.

Key valuation signals for TSE:6085:

  • Altman Z-Score: 11.45 (8079% above median its 10-year median of 0.14)
  • GF Value™: 円13.15 vs. price of 円119.00 (804.9% above fair value)
  • GF Score™: 31/100 with 5 warning signs
  • Industry Position: 397.8% above the Construction median (#48 of 1757)

No single metric tells the full story. See the TSE:6085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Architects Studio Japan Business Description

Address 3-23-14 Takanawa, Minato-ku, Tokyo, JPN, 108-0074
Architects Studio Japan Inc develops a network of architects in Japan. It also provides a platform to connect architects, home building companies and clients. It offers services for various projects, including renovations, medical facilities, rental properties, commercial developments, and other projects.
31GF Score

Get the complete analysis for TSE:6085

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

円119.00
Price
円13.15
GF Value