NISHIKAWA KEISOKU Co (TSE:7500) Altman Z-Score: 3.22 (As of Jul. 04, 2026) — Near Median


TSE:7500 NISHIKAWA KEISOKU Co Ltd TSE:7500
79 GF Score
Price 円9,860.00
GF Value 円8,379.42
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NISHIKAWA KEISOKU Co Altman Z-Score?

NISHIKAWA KEISOKU Co TSE:7500 -4.27% 79 Altman Z-Score is 3.22 as of Jul. 04, 2026, which is 6% below its 10-year median of 3.44. GuruFocus rates TSE:7500 with a GF Score™ of 79/100 and a GF Value™ of 円8,379.42 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,456 Hardware companies, NISHIKAWA KEISOKU Co ranks worse than 54.19% 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 3.15 is strong.

NISHIKAWA KEISOKU Co has a Altman Z-Score of 3.22, 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 NISHIKAWA KEISOKU Co's Altman Z-Score or its related term are showing as below:

TSE:7500' s Altman Z-Score Range Over the Past 10 Years
Min: 2.49   Med: 3.44   Max: 4.16
Current: 3.15

During the past 13 years, NISHIKAWA KEISOKU Co's highest Altman Z-Score was 4.16. The lowest was 2.49. And the median was 3.44.


NISHIKAWA KEISOKU Co  (TSE:7500) 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.


NISHIKAWA KEISOKU Co Altman Z-Score Related Terms


NISHIKAWA KEISOKU Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for NISHIKAWA KEISOKU 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.

NISHIKAWA KEISOKU Co Altman Z-Score Chart

NISHIKAWA KEISOKU Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 3.45 3.49 3.78 3.75

NISHIKAWA KEISOKU Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 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 3.60 3.46 3.75 3.63 0.00

TSE:7500 vs COHR, KEYS, GRMN: Altman Z-Score Comparison

For the Scientific & Technical Instruments subindustry, NISHIKAWA KEISOKU 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.


NISHIKAWA KEISOKU Co Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, NISHIKAWA KEISOKU Co's Altman Z-Score distribution charts can be found below:

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


TSE:7500
79GF Score
NISHIKAWA KEISOKU Co Ltd TSE:7500
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NISHIKAWA KEISOKU 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.

NISHIKAWA KEISOKU 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*0.2786+1.4*0.4119+3.3*0.0935+0.6*1.8511+1.0*0.8872
=3.22

* 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 Dec. 2025:
Total Assets was 円42,361 Mil.
Total Current Assets was 円28,321 Mil.
Total Current Liabilities was 円16,518 Mil.
Retained Earnings was 円17,448 Mil.
Pre-Tax Income was 2075.155 + 0 + 151.965 + 1732.641 = 円3,960 Mil.
Interest Expense was -0.511 + 0 + 0 + 0 = 円-1 Mil.
Revenue was 16586.663 + 0 + 7233.118 + 13762.688 = 円37,582 Mil.
Market Cap (Today) was 円33,443 Mil.
Total Liabilities was 円18,067 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
=(28321.043 - 16517.937)/42360.528
=0.2786

X2=Retained Earnings/Total Assets
=17447.829/42360.528
=0.4119

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3959.761 - -0.511)/42360.528
=0.0935

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=33442.556/18066.605
=1.8511

X5=Revenue/Total Assets
=37582.469/42360.528
=0.8872

The zones of discrimination were as such:

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

NISHIKAWA KEISOKU Co has a Altman Z-Score of 3.22 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 3.22 mean?
NISHIKAWA KEISOKU Co (TSE:7500) has a Altman Z-Score of 3.22 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on NISHIKAWA KEISOKU Co and its competitors. This is near median its historical median of 3.44. Over the past decade, NISHIKAWA KEISOKU Co's Altman Z-Score has ranged from 2.49 to 4.16. According to the industry distribution chart, NISHIKAWA KEISOKU Co ranks #1331 out of 2456 companies in the Hardware industry, placing it in the top 54.2%.
Is NISHIKAWA KEISOKU Co's Altman Z-Score too high?
NISHIKAWA KEISOKU Co's current Altman Z-Score of 3.22 is near median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 4.16. The Hardware industry median Altman Z-Score is 3.59. NISHIKAWA KEISOKU Co's value of 3.22 is 10.3% below this industry median. Based on the distribution chart, NISHIKAWA KEISOKU Co ranks #1331 out of 2456 companies in the Hardware industry, which is below the industry midpoint. Overall, NISHIKAWA KEISOKU Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NISHIKAWA KEISOKU Co's Altman Z-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, NISHIKAWA KEISOKU Co ranks #1331 out of 2456 companies for Altman Z-Score. This places NISHIKAWA KEISOKU Co in the lower half of its industry. The industry median Altman Z-Score is 3.59. NISHIKAWA KEISOKU Co's value of 3.22 is 10.3% below this benchmark. Historically, NISHIKAWA KEISOKU Co's own Altman Z-Score has ranged from 2.49 to 4.16 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 3.59, NISHIKAWA KEISOKU Co 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 a Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,456 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. NISHIKAWA KEISOKU Co's current Altman Z-Score of 3.22 is 10.3% 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 NISHIKAWA KEISOKU Co and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NISHIKAWA KEISOKU Co's current Altman Z-Score is 3.22, which is near median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NISHIKAWA KEISOKU Co stock overvalued right now?
Based on GuruFocus' analysis, NISHIKAWA KEISOKU Co (TSE:7500) is currently considered Modestly Overvalued. The stock's GF Value™ is 円8,379.42, compared to a current price of 円9,860.00 — trading 17.7% above its estimated fair value. The current Altman Z-Score is 3.22, which is near median its 10-year median of 3.44 and 10.3% below the Hardware industry median of 3.59. NISHIKAWA KEISOKU Co's overall GF Score™ is 79/100 with 3 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 NISHIKAWA KEISOKU Co (TSE:7500), the current Altman Z-Score is 3.22 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 NISHIKAWA KEISOKU Co (TSE:7500) Overvalued in 2026?

Based on GuruFocus' analysis, NISHIKAWA KEISOKU Co stock appears to be overvalued. The current stock price of 円9,860.00 is trading 17.7% above its estimated GF Value™ of 円8,379.42. GuruFocus considers NISHIKAWA KEISOKU Co to be Modestly Overvalued.

Key valuation signals for TSE:7500:

  • Altman Z-Score: 3.22 (near median its 10-year median of 3.44)
  • GF Value™: 円8,379.42 vs. price of 円9,860.00 (17.7% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 10.3% below the Hardware median (#1331 of 2456)

No single metric tells the full story. See the TSE:7500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NISHIKAWA KEISOKU Co Business Description

Address 22-7 Yoyogi 3-chome, Shibuya-ku, Tokyo, JPN
NISHIKAWA KEISOKU Co Ltd sells measuring instruments, control equipment, and information systems. The company also designs and sells scientific and chemical equipment, industrial equipment and also provides engineering, software production, instrumentation work and maintenance services associated with the sales of these products.
79GF Score

Get the complete analysis for TSE:7500

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

円9,860.00
Price
円8,379.42
GF Value