Tokyo Automatic Machinery Works (TSE:6360) Altman Z-Score: 2.22 (As of Jul. 04, 2026) — 29% Above Median


TSE:6360 Tokyo Automatic Machinery Works Ltd TSE:6360
51 GF Score
Price 円4,475.00
GF Value 円2,161.96
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Tokyo Automatic Machinery Works Altman Z-Score?

Tokyo Automatic Machinery Works TSE:6360 51 Altman Z-Score is 2.22 as of Jul. 04, 2026, which is 29% above its 10-year median of 1.72. GuruFocus rates TSE:6360 with a GF Score™ of 51/100 and a GF Value™ of 円2,161.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,007 Industrial Products companies, Tokyo Automatic Machinery Works ranks worse than 70.97% 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 2.22 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.

Tokyo Automatic Machinery Works has a Altman Z-Score of 2.22, indicating it is in Grey Zones. This implies that Tokyo Automatic Machinery Works 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 Tokyo Automatic Machinery Works's Altman Z-Score or its related term are showing as below:

TSE:6360' s Altman Z-Score Range Over the Past 10 Years
Min: 1.36   Med: 1.72   Max: 2.61
Current: 2.22

During the past 13 years, Tokyo Automatic Machinery Works's highest Altman Z-Score was 2.61. The lowest was 1.36. And the median was 1.72.


Tokyo Automatic Machinery Works  (TSE:6360) 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.


Tokyo Automatic Machinery Works Altman Z-Score Related Terms


Tokyo Automatic Machinery Works Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tokyo Automatic Machinery Works'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.

Tokyo Automatic Machinery Works Altman Z-Score Chart

Tokyo Automatic Machinery Works 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 1.50 1.72 2.12 2.61 2.15

Tokyo Automatic Machinery Works 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 2.12 2.00 2.61 0.00 2.15

TSE:6360 vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Tokyo Automatic Machinery Works'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.


Tokyo Automatic Machinery Works Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tokyo Automatic Machinery Works's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Tokyo Automatic Machinery Works's Altman Z-Score falls into.


TSE:6360
51GF Score
Tokyo Automatic Machinery Works Ltd TSE:6360
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Automatic Machinery Works 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.

Tokyo Automatic Machinery Works'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*0.3471+1.4*0.3713+3.3*0.0643+0.6*0.8646+1.0*0.5563
=2.22

* 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17,426 Mil.
Total Current Assets was 円10,847 Mil.
Total Current Liabilities was 円4,798 Mil.
Retained Earnings was 円6,470 Mil.
Pre-Tax Income was 円1,105 Mil.
Interest Expense was 円-15 Mil.
Revenue was 円9,693 Mil.
Market Cap (Today) was 円6,280 Mil.
Total Liabilities was 円7,264 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
=(10847.143 - 4798.478)/17425.546
=0.3471

X2=Retained Earnings/Total Assets
=6470.018/17425.546
=0.3713

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1104.668 - -14.966)/17425.546
=0.0643

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=6280.492/7263.624
=0.8646

X5=Revenue/Total Assets
=9692.992/17425.546
=0.5563

The zones of discrimination were as such:

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

Tokyo Automatic Machinery Works has a Altman Z-Score of 2.22 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 2.22 mean?
Tokyo Automatic Machinery Works (TSE:6360) has a Altman Z-Score of 2.22 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tokyo Automatic Machinery Works and its competitors. This is 29% above median its historical median of 1.72. Over the past decade, Tokyo Automatic Machinery Works' Altman Z-Score has ranged from 1.36 to 2.61. According to the industry distribution chart, Tokyo Automatic Machinery Works ranks #2134 out of 3007 companies in the Industrial Products industry, placing it in the top 71%.
Is Tokyo Automatic Machinery Works' Altman Z-Score too high?
Tokyo Automatic Machinery Works' current Altman Z-Score of 2.22 is 29% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.61. The Industrial Products industry median Altman Z-Score is 3.35. Tokyo Automatic Machinery Works' value of 2.22 is 33.7% below this industry median. Based on the distribution chart, Tokyo Automatic Machinery Works ranks #2134 out of 3007 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tokyo Automatic Machinery Works has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Automatic Machinery Works' Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tokyo Automatic Machinery Works ranks #2134 out of 3007 companies for Altman Z-Score. This places Tokyo Automatic Machinery Works in the lower half of its industry. The industry median Altman Z-Score is 3.35. Tokyo Automatic Machinery Works' value of 2.22 is 33.7% below this benchmark. Historically, Tokyo Automatic Machinery Works' own Altman Z-Score has ranged from 1.36 to 2.61 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 3.35, Tokyo Automatic Machinery Works 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.35, based on 3,007 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. Tokyo Automatic Machinery Works's current Altman Z-Score of 2.22 is 33.7% 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 Tokyo Automatic Machinery Works and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Automatic Machinery Works's current Altman Z-Score is 2.22, which is 29% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Automatic Machinery Works stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Automatic Machinery Works (TSE:6360) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,161.96, compared to a current price of 円4,475.00 — trading 107% above its estimated fair value. The current Altman Z-Score is 2.22, which is 29% above median its 10-year median of 1.72 and 33.7% below the Industrial Products industry median of 3.35. Tokyo Automatic Machinery Works' overall GF Score™ is 51/100 with 8 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 Tokyo Automatic Machinery Works (TSE:6360), the current Altman Z-Score is 2.22 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 Tokyo Automatic Machinery Works (TSE:6360) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Automatic Machinery Works stock appears to be overvalued. The current stock price of 円4,475.00 is trading 107% above its estimated GF Value™ of 円2,161.96. GuruFocus considers Tokyo Automatic Machinery Works to be Significantly Overvalued.

Key valuation signals for TSE:6360:

  • Altman Z-Score: 2.22 (29% above median its 10-year median of 1.72)
  • GF Value™: 円2,161.96 vs. price of 円4,475.00 (107% above fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 33.7% below the Industrial Products median (#2134 of 3007)

No single metric tells the full story. See the TSE:6360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Automatic Machinery Works Business Description

Address 3-10-7 Iwamoto-cho, Chiyoda-ku, Tojiki Building, Tokyo, JPN, 101-0032
Tokyo Automatic Machinery Works Ltd is engaged in the development, design, manufacture, and sale of general automatic packing machines, tobacco manufacturing and packaging machines, compression packing machines, and assembling machines.
51GF Score

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

円4,475.00
Price
円2,161.96
GF Value