GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Japan Post Insurance Co Ltd (TSE:7181) » Definitions » Altman Z-Score

Japan Post Insurance Co (TSE:7181) Altman Z-Score


View and export this data going back to 2015. Start your Free Trial

What is Japan Post Insurance Co Altman Z-Score?

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.

Altman Z-Score does not apply to banks and insurance companies.


Japan Post Insurance Co (TSE:7181) Business Description

Traded in Other Exchanges
Address
3-2, Kasumigaseki 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8798
Japan Post Insurance Co Ltd is a life insurance company based in Japan. It is engaged in the life insurance business and postal life insurance management business. In addition, it provides agency or administration services for other insurance companies including foreign insurance companies and other financial services companies; loan guarantees and other businesses supplemental to previously mentioned businesses. The group has only one segment, namely, the Life Insurance Business in Japan.