Succeed Co (TSE:9256) Altman Z-Score: 13.92 (As of Jul. 07, 2026) — 85% Above Median


TSE:9256 Succeed Co Ltd TSE:9256
74 GF Score
Price 円3,855.00
GF Value 円1,072.17
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Succeed Co Altman Z-Score?

Succeed Co TSE:9256 -9.08% 74 Altman Z-Score is 13.92 as of Jul. 07, 2026, which is 85% above its 10-year median of 7.54. GuruFocus rates TSE:9256 with a GF Score™ of 74/100 and a GF Value™ of 円1,072.17 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 249 Education companies, Succeed Co ranks better than 95.98% 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 16.96 is strong.

Succeed Co has a Altman Z-Score of 13.92, 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 Succeed Co's Altman Z-Score or its related term are showing as below:

TSE:9256' s Altman Z-Score Range Over the Past 10 Years
Min: 5.36   Med: 7.54   Max: 16.96
Current: 16.96

During the past 7 years, Succeed Co's highest Altman Z-Score was 16.96. The lowest was 5.36. And the median was 7.54.


Succeed Co  (TSE:9256) 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.


Succeed Co Altman Z-Score Related Terms


Succeed Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Succeed 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.

Succeed Co Altman Z-Score Chart

Succeed Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 8.86 7.54 7.61 6.21 5.36

Succeed Co Semi-Annual Data
Mar20 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 7.61 5.65 6.21 0.00 5.36

TSE:9256 vs EDU, TAL, LAUR: Altman Z-Score Comparison

For the Education & Training Services subindustry, Succeed 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.


Succeed Co Altman Z-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Succeed Co's Altman Z-Score distribution charts can be found below:

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


TSE:9256
74GF Score
Succeed Co Ltd TSE:9256
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Succeed 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.

Succeed 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*0.577+1.4*0.5875+3.3*0.1015+0.6*18.0037+1.0*1.2647
=13.92

* 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3,391 Mil.
Total Current Assets was 円2,609 Mil.
Total Current Liabilities was 円652 Mil.
Retained Earnings was 円1,992 Mil.
Pre-Tax Income was 円344 Mil.
Interest Expense was 円-0 Mil.
Revenue was 円4,289 Mil.
Market Cap (Today) was 円13,806 Mil.
Total Liabilities was 円767 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
=(2609.046 - 652.225)/3391.379
=0.577

X2=Retained Earnings/Total Assets
=1992.288/3391.379
=0.5875

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(343.949 - -0.122)/3391.379
=0.1015

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13805.526/766.817
=18.0037

X5=Revenue/Total Assets
=4289.115/3391.379
=1.2647

The zones of discrimination were as such:

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

Succeed Co has a Altman Z-Score of 13.92 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 13.92 mean?
Succeed Co (TSE:9256) has a Altman Z-Score of 13.92 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Succeed Co and its competitors. This is 85% above median its historical median of 7.54. Over the past decade, Succeed Co's Altman Z-Score has ranged from 5.36 to 16.96. According to the industry distribution chart, Succeed Co ranks #10 out of 249 companies in the Education industry, placing it in the top 4%.
Is Succeed Co's Altman Z-Score too high?
Succeed Co's current Altman Z-Score of 13.92 is 85% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 16.96. The Education industry median Altman Z-Score is 2.32. Succeed Co's value of 13.92 is 500% above this industry median. Based on the distribution chart, Succeed Co ranks #10 out of 249 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Succeed Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Succeed Co's Altman Z-Score compare to EDU and TAL?
According to the Education industry distribution chart, Succeed Co ranks #10 out of 249 companies for Altman Z-Score. This places Succeed Co in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.32. Succeed Co's value of 13.92 is 500% above this benchmark. Historically, Succeed Co's own Altman Z-Score has ranged from 5.36 to 16.96 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 2.32, Succeed 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 an Education company?
The median Altman Z-Score among Education companies is 2.32, based on 249 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. Succeed Co's current Altman Z-Score of 13.92 is 500% 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 Succeed Co and its competitors. For the Education industry, the median Altman Z-Score is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Succeed Co's current Altman Z-Score is 13.92, which is 85% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Succeed Co stock overvalued right now?
Based on GuruFocus' analysis, Succeed Co (TSE:9256) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,072.17, compared to a current price of 円3,855.00 — trading 259.6% above its estimated fair value. The current Altman Z-Score is 13.92, which is 85% above median its 10-year median of 7.54 and 500% above the Education industry median of 2.32. Succeed Co's overall GF Score™ is 74/100 with 9 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 Succeed Co (TSE:9256), the current Altman Z-Score is 13.92 as of Jul. 07, 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 Succeed Co (TSE:9256) Overvalued in 2026?

Based on GuruFocus' analysis, Succeed Co stock appears to be overvalued. The current stock price of 円3,855.00 is trading 259.6% above its estimated GF Value™ of 円1,072.17. GuruFocus considers Succeed Co to be Significantly Overvalued.

Key valuation signals for TSE:9256:

  • Altman Z-Score: 13.92 (85% above median its 10-year median of 7.54)
  • GF Value™: 円1,072.17 vs. price of 円3,855.00 (259.6% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 500% above the Education median (#10 of 249)

No single metric tells the full story. See the TSE:9256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Succeed Co Business Description

Address 1-4-15 Takadanobaba, 8th Floor, Taiki Life Takadanobaba Building, Shinjuku-ku, Tokyo, JPN, 169-0075
Succeed Co Ltd is engaged in providing In-house educational services such as the operation of tutoring classes, the introduction of tutors, and others. The company's reportable segments are: welfare human resource support business, educational human resource support business, individual instruction classroom business, and private tutoring business. Maximum revenue is generated from its individual instruction classroom business, which operates community-based individualized tutoring schools providing lessons to meet various needs, such as school supplementary lessons, exam preparation, and preparation for various tests for students from the first grade of elementary school to university entrance exam candidates.
74GF Score

Get the complete analysis for TSE:9256

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

円3,855.00
Price
円1,072.17
GF Value