Daiichi Jitsugyo Co (TSE:8059) Altman Z-Score: 3.28 (As of Jul. 08, 2026) — 22% Above Median


TSE:8059 Daiichi Jitsugyo Co Ltd TSE:8059
87 GF Score
Price 円3,205.00
GF Value 円2,737.35
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Daiichi Jitsugyo Co Altman Z-Score?

Daiichi Jitsugyo Co TSE:8059 -0.31% 87 Altman Z-Score is 3.28 as of Jul. 08, 2026, which is 22% above its 10-year median of 2.69. GuruFocus rates TSE:8059 with a GF Score™ of 87/100 and a GF Value™ of 円2,737.35 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,007 Industrial Products companies, Daiichi Jitsugyo Co ranks worse than 52.01% 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 3.27 is strong.

Daiichi Jitsugyo Co has a Altman Z-Score of 3.28, 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 Daiichi Jitsugyo Co's Altman Z-Score or its related term are showing as below:

TSE:8059' s Altman Z-Score Range Over the Past 10 Years
Min: 2.23   Med: 2.69   Max: 3.29
Current: 3.27

During the past 13 years, Daiichi Jitsugyo Co's highest Altman Z-Score was 3.29. The lowest was 2.23. And the median was 2.69.


Daiichi Jitsugyo Co  (TSE:8059) 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.


Daiichi Jitsugyo Co Altman Z-Score Related Terms


Daiichi Jitsugyo Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Daiichi Jitsugyo 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.

Daiichi Jitsugyo Co Altman Z-Score Chart

Daiichi Jitsugyo 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 2.59 2.46 2.23 2.96 3.29

Daiichi Jitsugyo 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 2.96 3.20 3.36 3.27 3.29

TSE:8059 vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Daiichi Jitsugyo 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.


Daiichi Jitsugyo Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daiichi Jitsugyo Co's Altman Z-Score distribution charts can be found below:

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


TSE:8059
87GF Score
Daiichi Jitsugyo Co Ltd TSE:8059
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiichi Jitsugyo 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.

Daiichi Jitsugyo 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*0.3986+1.4*0.3956+3.3*0.0837+0.6*1.2029+1.0*1.2477
=3.28

* 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175,639 Mil.
Total Current Assets was 円149,260 Mil.
Total Current Liabilities was 円79,258 Mil.
Retained Earnings was 円69,489 Mil.
Pre-Tax Income was 2628 + 4897 + 4652 + 2488 = 円14,665 Mil.
Interest Expense was -13 + -6 + -9 + -9 = 円-37 Mil.
Revenue was 58868 + 52946 + 57837 + 49489 = 円219,140 Mil.
Market Cap (Today) was 円102,176 Mil.
Total Liabilities was 円84,939 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
=(149260 - 79258)/175639
=0.3986

X2=Retained Earnings/Total Assets
=69489/175639
=0.3956

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(14665 - -37)/175639
=0.0837

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=102175.817/84939
=1.2029

X5=Revenue/Total Assets
=219140/175639
=1.2477

The zones of discrimination were as such:

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

Daiichi Jitsugyo Co has a Altman Z-Score of 3.28 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 3.28 mean?
Daiichi Jitsugyo Co (TSE:8059) has a Altman Z-Score of 3.28 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Daiichi Jitsugyo Co and its competitors. This is 22% above median its historical median of 2.69. Over the past decade, Daiichi Jitsugyo Co's Altman Z-Score has ranged from 2.23 to 3.29. According to the industry distribution chart, Daiichi Jitsugyo Co ranks #1564 out of 3007 companies in the Industrial Products industry, placing it in the top 52%.
Is Daiichi Jitsugyo Co's Altman Z-Score too high?
Daiichi Jitsugyo Co's current Altman Z-Score of 3.28 is 22% above median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 3.29. The Industrial Products industry median Altman Z-Score is 3.38. Daiichi Jitsugyo Co's value of 3.28 is 3% below this industry median. Based on the distribution chart, Daiichi Jitsugyo Co ranks #1564 out of 3007 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Daiichi Jitsugyo Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiichi Jitsugyo Co's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daiichi Jitsugyo Co ranks #1564 out of 3007 companies for Altman Z-Score. This places Daiichi Jitsugyo Co in the lower half of its industry. The industry median Altman Z-Score is 3.38. Daiichi Jitsugyo Co's value of 3.28 is 3% below this benchmark. Historically, Daiichi Jitsugyo Co's own Altman Z-Score has ranged from 2.23 to 3.29 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 3.38, Daiichi Jitsugyo 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.38, 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. Daiichi Jitsugyo Co's current Altman Z-Score of 3.28 is 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 Daiichi Jitsugyo Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiichi Jitsugyo Co's current Altman Z-Score is 3.28, which is 22% above median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiichi Jitsugyo Co stock overvalued right now?
Based on GuruFocus' analysis, Daiichi Jitsugyo Co (TSE:8059) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,737.35, compared to a current price of 円3,205.00 — trading 17.1% above its estimated fair value. The current Altman Z-Score is 3.28, which is 22% above median its 10-year median of 2.69 and 3% below the Industrial Products industry median of 3.38. Daiichi Jitsugyo Co's overall GF Score™ is 87/100 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 Daiichi Jitsugyo Co (TSE:8059), the current Altman Z-Score is 3.28 as of Jul. 08, 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 Daiichi Jitsugyo Co (TSE:8059) Overvalued in 2026?

Based on GuruFocus' analysis, Daiichi Jitsugyo Co stock appears to be overvalued. The current stock price of 円3,205.00 is trading 17.1% above its estimated GF Value™ of 円2,737.35. GuruFocus considers Daiichi Jitsugyo Co to be Modestly Overvalued.

Key valuation signals for TSE:8059:

  • Altman Z-Score: 3.28 (22% above median its 10-year median of 2.69)
  • GF Value™: 円2,737.35 vs. price of 円3,205.00 (17.1% above fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 3% below the Industrial Products median (#1564 of 3007)

No single metric tells the full story. See the TSE:8059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiichi Jitsugyo Co Business Description

Address 4-6 Kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-8222
Daiichi Jitsugyo Co Ltd is a Japan-based machinery manufacturer. Its business operations are divided into five segments including plant and energy business, industrial machinery, electronics, pharmaceuticals, and aviation business. It provides machinery for energy development, plant construction, drug formulation, semiconductors, and special-purpose vehicles and self-defense-related equipment. The company also provides after sales and maintenance services. Daiichi Jitsugyo has network operations in Japan, China, Southeast Asia, India, America And Europe.
87GF Score

Get the complete analysis for TSE:8059

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

円3,205.00
Price
円2,737.35
GF Value