Tokyo Kaikan Co (TSE:9701) Altman Z-Score: 1.56 (As of Jul. 01, 2026) — 29% Above Median


TSE:9701 Tokyo Kaikan Co Ltd TSE:9701
74 GF Score
Price 円4,125.00
GF Value 円4,376.33
Valuation Fairly Valued
! 2 Warning Signs
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What is Tokyo Kaikan Co Altman Z-Score?

Tokyo Kaikan Co TSE:9701 -1.20% 74 Altman Z-Score is 1.56 as of Jul. 01, 2026, which is 29% above its 10-year median of 1.21. GuruFocus rates TSE:9701 with a GF Score™ of 74/100 and a GF Value™ of 円4,376.33 (Fairly Valued). The stock has 2 warning signs investors should review. Among 359 Restaurants companies, Tokyo Kaikan Co ranks worse than 66.85% 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.

Warning Sign:

Altman Z-score of 1.55 is in distress zone. This implies bankruptcy possibility in the next two years.

Tokyo Kaikan Co has a Altman Z-Score of 1.56, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Tokyo Kaikan Co's Altman Z-Score or its related term are showing as below:

TSE:9701' s Altman Z-Score Range Over the Past 10 Years
Min: -0.1   Med: 1.21   Max: 2.87
Current: 1.55

During the past 13 years, Tokyo Kaikan Co's highest Altman Z-Score was 2.87. The lowest was -0.10. And the median was 1.21.


Tokyo Kaikan Co  (TSE:9701) 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.


Tokyo Kaikan Co Altman Z-Score Related Terms


Tokyo Kaikan Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tokyo Kaikan 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.

Tokyo Kaikan Co Altman Z-Score Chart

Tokyo Kaikan 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 0.89 1.03 1.39 1.48 1.64

Tokyo Kaikan Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 1.30 1.48 0.00 1.64

TSE:9701 vs MCD, SBUX, YUM: Altman Z-Score Comparison

For the Restaurants subindustry, Tokyo Kaikan 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.


Tokyo Kaikan Co Altman Z-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tokyo Kaikan Co's Altman Z-Score distribution charts can be found below:

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


TSE:9701
74GF Score
Tokyo Kaikan Co Ltd TSE:9701
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Kaikan 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.

Tokyo Kaikan 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*0.2043+1.4*0.0883+3.3*0.0513+0.6*0.7985+1.0*0.5389
=1.56

* 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30,174 Mil.
Total Current Assets was 円9,367 Mil.
Total Current Liabilities was 円3,204 Mil.
Retained Earnings was 円2,666 Mil.
Pre-Tax Income was 円1,465 Mil.
Interest Expense was 円-83 Mil.
Revenue was 円16,260 Mil.
Market Cap (Today) was 円13,608 Mil.
Total Liabilities was 円17,042 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
=(9367.361 - 3204.245)/30173.626
=0.2043

X2=Retained Earnings/Total Assets
=2665.618/30173.626
=0.0883

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1465.364 - -82.772)/30173.626
=0.0513

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13608.412/17042.489
=0.7985

X5=Revenue/Total Assets
=16259.831/30173.626
=0.5389

The zones of discrimination were as such:

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

Tokyo Kaikan Co has a Altman Z-Score of 1.56 indicating it is in Distress 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 1.56 mean?
Tokyo Kaikan Co (TSE:9701) has a Altman Z-Score of 1.56 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tokyo Kaikan Co and its competitors. This is 29% above median its historical median of 1.21. According to the industry distribution chart, Tokyo Kaikan Co ranks #240 out of 359 companies in the Restaurants industry, placing it in the top 66.9%.
Is Tokyo Kaikan Co's Altman Z-Score too high?
Tokyo Kaikan Co's current Altman Z-Score of 1.56 is 29% above median its 10-year median of 1.21. The Restaurants industry median Altman Z-Score is 2.25. Tokyo Kaikan Co's value of 1.56 is 30.7% below this industry median. Based on the distribution chart, Tokyo Kaikan Co ranks #240 out of 359 companies in the Restaurants industry, which is below the industry midpoint. Overall, Tokyo Kaikan Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Kaikan Co's Altman Z-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tokyo Kaikan Co ranks #240 out of 359 companies for Altman Z-Score. This places Tokyo Kaikan Co in the lower half of its industry. The industry median Altman Z-Score is 2.25. Tokyo Kaikan Co's value of 1.56 is 30.7% below this benchmark. While the company's 10-year median is 1.21 vs. the industry median of 2.25, Tokyo Kaikan 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.25, based on 359 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. Tokyo Kaikan Co's current Altman Z-Score of 1.56 is 30.7% 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 Tokyo Kaikan Co and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Kaikan Co's current Altman Z-Score is 1.56, which is 29% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Kaikan Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Kaikan Co (TSE:9701) is currently considered Fairly Valued. The stock's GF Value™ is 円4,376.33, compared to a current price of 円4,125.00 — trading 5.7% below its estimated fair value. The current Altman Z-Score is 1.56, which is 29% above median its 10-year median of 1.21 and 30.7% below the Restaurants industry median of 2.25. Tokyo Kaikan Co's overall GF Score™ is 74/100 with 2 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 Tokyo Kaikan Co (TSE:9701), the current Altman Z-Score is 1.56 as of Jul. 01, 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 Tokyo Kaikan Co (TSE:9701) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Kaikan Co stock appears to be undervalued. The current stock price of 円4,125.00 is trading 5.7% below its estimated GF Value™ of 円4,376.33. GuruFocus considers Tokyo Kaikan Co to be Fairly Valued.

Key valuation signals for TSE:9701:

  • Altman Z-Score: 1.56 (29% above median its 10-year median of 1.21)
  • GF Value™: 円4,376.33 vs. price of 円4,125.00 (5.7% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 30.7% below the Restaurants median (#240 of 359)

No single metric tells the full story. See the TSE:9701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Kaikan Co Business Description

Address No. 2 No. 1 of Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Tokyo Kaikan Co Ltd engages in the management of banquet halls, wedding halls and restaurants. It offers wedding services, gifts, boutiques, galleries, clubs, cafe, cocktail lounge, and catering services. It also engages in the purchase and sale of food and beverages.
74GF Score

Get the complete analysis for TSE:9701

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

円4,125.00
Price
円4,376.33
GF Value