Mirai Works (TSE:6563) Altman Z-Score: 5.46 (As of Jul. 05, 2026) — Near Median


TSE:6563 Mirai Works Inc TSE:6563
82 GF Score
Price 円494.00
GF Value 円1,071.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Mirai Works Altman Z-Score?

Mirai Works TSE:6563 +2.07% 82 Altman Z-Score is 5.46 as of Jul. 05, 2026, which is 7% below its 10-year median of 5.90. GuruFocus rates TSE:6563 with a GF Score™ of 82/100 and a GF Value™ of 円1,071.29 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,060 Business Services companies, Mirai Works ranks better than 76.6% 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 5.46 is strong.

Mirai Works has a Altman Z-Score of 5.46, 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 Mirai Works's Altman Z-Score or its related term are showing as below:

TSE:6563' s Altman Z-Score Range Over the Past 10 Years
Min: 3.82   Med: 5.9   Max: 12.65
Current: 5.46

During the past 11 years, Mirai Works's highest Altman Z-Score was 12.65. The lowest was 3.82. And the median was 5.90.


Mirai Works  (TSE:6563) 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.


Mirai Works Altman Z-Score Related Terms


Mirai Works Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mirai 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.

Mirai Works Altman Z-Score Chart

Mirai Works Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.76 5.21 5.69 5.91 5.69

Mirai Works Semi-Annual Data
Sep15 Sep16 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 5.23 5.91 3.82 5.69 0.00

TSE:6563 vs KFY, RHI, TNET: Altman Z-Score Comparison

For the Staffing & Employment Services subindustry, Mirai 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.


Mirai Works Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Mirai Works's Altman Z-Score distribution charts can be found below:

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


TSE:6563
82GF Score
Mirai Works Inc TSE:6563
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mirai 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.

Mirai 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*0.3063+1.4*0.3035+3.3*0.0652+0.6*1.4378+1.0*3.5887
=5.46

* 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 Sep. 2025:
Total Assets was 円3,105 Mil.
Total Current Assets was 円2,750 Mil.
Total Current Liabilities was 円1,799 Mil.
Retained Earnings was 円942 Mil.
Pre-Tax Income was 円203 Mil.
Interest Expense was 円0 Mil.
Revenue was 円11,145 Mil.
Market Cap (Today) was 円2,586 Mil.
Total Liabilities was 円1,799 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
=(2749.978 - 1798.742)/3105.49
=0.3063

X2=Retained Earnings/Total Assets
=942.389/3105.49
=0.3035

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(202.517 - 0)/3105.49
=0.0652

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2586.284/1798.742
=1.4378

X5=Revenue/Total Assets
=11144.579/3105.49
=3.5887

The zones of discrimination were as such:

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

Mirai Works has a Altman Z-Score of 5.46 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 5.46 mean?
Mirai Works (TSE:6563) has a Altman Z-Score of 5.46 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mirai Works and its competitors. This is near median its historical median of 5.90. Over the past decade, Mirai Works' Altman Z-Score has ranged from 3.82 to 12.65. According to the industry distribution chart, Mirai Works ranks #248 out of 1060 companies in the Business Services industry, placing it in the top 23.4%.
Is Mirai Works' Altman Z-Score too high?
Mirai Works' current Altman Z-Score of 5.46 is near median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 12.65. The Business Services industry median Altman Z-Score is 2.97. Mirai Works' value of 5.46 is 83.8% above this industry median. Based on the distribution chart, Mirai Works ranks #248 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mirai Works has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirai Works' Altman Z-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Mirai Works ranks #248 out of 1060 companies for Altman Z-Score. This places Mirai Works in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. Mirai Works' value of 5.46 is 83.8% above this benchmark. Historically, Mirai Works' own Altman Z-Score has ranged from 3.82 to 12.65 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 2.97, Mirai Works 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. Mirai Works's current Altman Z-Score of 5.46 is 83.8% 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 Mirai Works and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirai Works's current Altman Z-Score is 5.46, which is near median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirai Works stock overvalued right now?
Based on GuruFocus' analysis, Mirai Works (TSE:6563) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,071.29, compared to a current price of 円494.00 — trading 53.9% below its estimated fair value. The current Altman Z-Score is 5.46, which is near median its 10-year median of 5.90 and 83.8% above the Business Services industry median of 2.97. Mirai Works' overall GF Score™ is 82/100 with 1 warning sign 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 Mirai Works (TSE:6563), the current Altman Z-Score is 5.46 as of Jul. 05, 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 Mirai Works (TSE:6563) Overvalued in 2026?

Based on GuruFocus' analysis, Mirai Works stock appears to be undervalued. The current stock price of 円494.00 is trading 53.9% below its estimated GF Value™ of 円1,071.29. GuruFocus considers Mirai Works to be Significantly Undervalued.

Key valuation signals for TSE:6563:

  • Altman Z-Score: 5.46 (near median its 10-year median of 5.90)
  • GF Value™: 円1,071.29 vs. price of 円494.00 (53.9% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 83.8% above the Business Services median (#248 of 1060)

No single metric tells the full story. See the TSE:6563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mirai Works Business Description

Address 4-1-13 Toranomon, 2F Prime Terrace Kamiyacho, Minato-ku, Tokyo, JPN, 105-0001
Mirai Works Inc is a Japanese company engaged in providing procurement support for human resources.
82GF Score

Get the complete analysis for TSE:6563

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

円494.00
Price
円1,071.29
GF Value