Kosaido Holdings Co (TSE:7868) Altman Z-Score: 4.13 (As of Jul. 12, 2026) — 142% Above Median


TSE:7868 Kosaido Holdings Co Ltd TSE:7868
66 GF Score
Price 円558.00
GF Value 円518.55
Valuation Fairly Valued
! 1 Warning Sign
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What is Kosaido Holdings Co Altman Z-Score?

Kosaido Holdings Co TSE:7868 +1.64% 66 Altman Z-Score is 4.13 as of Jul. 12, 2026, which is 142% above its 10-year median of 1.71. GuruFocus rates TSE:7868 with a GF Score™ of 66/100 and a GF Value™ of 円518.55 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,062 Business Services companies, Kosaido Holdings Co ranks better than 64.5% 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 4.13 is strong.

Kosaido Holdings Co has a Altman Z-Score of 4.13, 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 Kosaido Holdings Co's Altman Z-Score or its related term are showing as below:

TSE:7868' s Altman Z-Score Range Over the Past 10 Years
Min: 1.06   Med: 1.71   Max: 4.13
Current: 4.13

During the past 13 years, Kosaido Holdings Co's highest Altman Z-Score was 4.13. The lowest was 1.06. And the median was 1.71.


Kosaido Holdings Co  (TSE:7868) 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.


Kosaido Holdings Co Altman Z-Score Related Terms


Kosaido Holdings Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kosaido Holdings 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.

Kosaido Holdings Co Altman Z-Score Chart

Kosaido Holdings Co 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 1.77 2.94 3.50 3.31 3.85

Kosaido Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 3.31 3.30 3.72 3.58 3.85

TSE:7868 vs CTAS, CPRT, ULS: Altman Z-Score Comparison

For the Specialty Business Services subindustry, Kosaido Holdings 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.


Kosaido Holdings Co Altman Z-Score vs Business Services Industry

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

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


TSE:7868
66GF Score
Kosaido Holdings Co Ltd TSE:7868
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kosaido Holdings 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.

Kosaido Holdings 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*0.2777+1.4*0.5425+3.3*0.0997+0.6*3.6771+1.0*0.5034
=4.13

* 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71,966 Mil.
Total Current Assets was 円30,120 Mil.
Total Current Liabilities was 円10,132 Mil.
Retained Earnings was 円39,039 Mil.
Pre-Tax Income was 2533 + 1665 + 1315 + 1388 = 円6,901 Mil.
Interest Expense was -62 + -56 + -63 + -96 = 円-277 Mil.
Revenue was 10386 + 9383 + 8311 + 8148 = 円36,228 Mil.
Market Cap (Today) was 円82,511 Mil.
Total Liabilities was 円22,439 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
=(30120 - 10132)/71966
=0.2777

X2=Retained Earnings/Total Assets
=39039/71966
=0.5425

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6901 - -277)/71966
=0.0997

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=82511.315/22439
=3.6771

X5=Revenue/Total Assets
=36228/71966
=0.5034

The zones of discrimination were as such:

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

Kosaido Holdings Co has a Altman Z-Score of 4.13 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 4.13 mean?
Kosaido Holdings Co (TSE:7868) has a Altman Z-Score of 4.13 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kosaido Holdings Co and its competitors. This is 142% above median its historical median of 1.71. Over the past decade, Kosaido Holdings Co's Altman Z-Score has ranged from 1.06 to 4.13. According to the industry distribution chart, Kosaido Holdings Co ranks #377 out of 1062 companies in the Business Services industry, placing it in the top 35.5%.
Is Kosaido Holdings Co's Altman Z-Score too high?
Kosaido Holdings Co's current Altman Z-Score of 4.13 is 142% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 4.13. The Business Services industry median Altman Z-Score is 2.96. Kosaido Holdings Co's value of 4.13 is 39.8% above this industry median. Based on the distribution chart, Kosaido Holdings Co ranks #377 out of 1062 companies in the Business Services industry, which is above the industry midpoint. Overall, Kosaido Holdings Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kosaido Holdings Co's Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Kosaido Holdings Co ranks #377 out of 1062 companies for Altman Z-Score. This puts Kosaido Holdings Co in the upper half of its industry. The industry median Altman Z-Score is 2.96. Kosaido Holdings Co's value of 4.13 is 39.8% above this benchmark. Historically, Kosaido Holdings Co's own Altman Z-Score has ranged from 1.06 to 4.13 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 2.96, Kosaido Holdings Co 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 2.96, based on 1,062 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. Kosaido Holdings Co's current Altman Z-Score of 4.13 is 39.8% 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 Kosaido Holdings Co and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kosaido Holdings Co's current Altman Z-Score is 4.13, which is 142% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kosaido Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kosaido Holdings Co (TSE:7868) is currently considered Fairly Valued. The stock's GF Value™ is 円518.55, compared to a current price of 円558.00 — trading 7.6% above its estimated fair value. The current Altman Z-Score is 4.13, which is 142% above median its 10-year median of 1.71 and 39.8% above the Business Services industry median of 2.96. Kosaido Holdings Co's overall GF Score™ is 66/100 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 Kosaido Holdings Co (TSE:7868), the current Altman Z-Score is 4.13 as of Jul. 12, 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 Kosaido Holdings Co (TSE:7868) Overvalued in 2026?

Based on GuruFocus' analysis, Kosaido Holdings Co stock appears to be overvalued. The current stock price of 円558.00 is trading 7.6% above its estimated GF Value™ of 円518.55. GuruFocus considers Kosaido Holdings Co to be Fairly Valued.

Key valuation signals for TSE:7868:

  • Altman Z-Score: 4.13 (142% above median its 10-year median of 1.71)
  • GF Value™: 円518.55 vs. price of 円558.00 (7.6% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 39.8% above the Business Services median (#377 of 1062)

No single metric tells the full story. See the TSE:7868 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kosaido Holdings Co Business Description

Address 1-2-3 Shibaura, Minato-ku, Seavans S Building, 13th Floor, Tokyo, JPN, 105-8318
Kosaido Holdings Co Ltd operates in three business areas. The Information solution business includes Offset printing, Newspaper printing, Digital printing, Package printing, Digital solution, Campaign solution, Eco business, Exhibition business, and BPO service. The Human resources service business includes Recruiting media, Recruiting media agency, Free paper rack agency, Published an environmental information magazine, Temporary staffing, Recruitment, Overseas human resources service, Human resource development/education/training, RPO / recruitment outsourcing, HR Tech Service. The Ending related business includes Crematorium management and ceremonial hall provision, Funeral DX Crematorium management contract business, and Senior-related business.
66GF Score

Get the complete analysis for TSE:7868

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

円558.00
Price
円518.55
GF Value