Piotroski F-score (checks passed)
All 90 of the 100 with a computed Piotroski F-score (share of at least 5 evaluated checks passed), sorted highest first.
Piotroski's nine yes/no checks compare the latest fiscal year with the one before, from profit and cash flow to leverage and margins. A check without its input in the filing is not counted. The table sorts by the share of evaluated checks passed and lists companies with at least 5 evaluated.
10 banks and insurers are left out, because deposits, loans and policy reserves run through their operating cash flow.
| Company | Checks passed | Checks evaluated |
|---|---|---|
| 2914 Japan Tobacco | 9 | 9 |
| 4062 Ibiden | 9 | 9 |
| 6701 NEC | 9 | 9 |
| 9766 Konami Group | 9 | 9 |
| 8697 Japan Exchange Group | 8 | 8 |
| 9020 East Japan Railway | 8 | 8 |
| 8591 ORIX | 6 | 6 |
| 1812 Kajima | 8 | 9 |
| 285A Kioxia Holdings | 8 | 9 |
| 3407 Asahi Kasei | 8 | 9 |
| 4503 Astellas Pharma | 8 | 9 |
| 5016 JX Advanced Metals | 8 | 9 |
| 6702 Fujitsu | 8 | 9 |
| 6857 Advantest | 8 | 9 |
| 6954 Fanuc | 8 | 9 |
| 7011 Mitsubishi Heavy Industries | 8 | 9 |
| 7832 Bandai Namco Holdings | 8 | 9 |
| 9983 Fast Retailing | 8 | 9 |
| 7741 HOYA | 7 | 8 |
| 8601 Daiwa Securities Group | 7 | 8 |
| 8801 Mitsui Fudosan | 7 | 8 |
| 9022 Central Japan Railway | 7 | 8 |
| 7751 Canon | 5 | 6 |
| 3382 Seven & I Holdings | 7 | 9 |
| 4004 Resonac Holdings | 7 | 9 |
| 4307 Nomura Research Institute | 7 | 9 |
| 5020 ENEOS Holdings | 7 | 9 |
| 6098 Recruit Holdings | 7 | 9 |
| 6367 Daikin Industries | 7 | 9 |
| 6902 Denso | 7 | 9 |
| 6971 Kyocera | 7 | 9 |
| 7013 IHI | 7 | 9 |
| 8001 ITOCHU | 7 | 9 |
| 9531 Tokyo Gas | 7 | 9 |
| 9532 Osaka Gas | 7 | 9 |
| 9697 Capcom | 7 | 9 |
| 9735 Secom | 7 | 9 |
| 6326 Kubota | 6 | 8 |
| 6758 Sony Group | 6 | 8 |
| 8802 Mitsubishi Estate | 6 | 8 |
| 2502 Asahi Group Holdings | 6 | 9 |
| 2503 Kirin Holdings | 6 | 9 |
| 2802 Ajinomoto | 6 | 9 |
| 4578 Otsuka Holdings | 6 | 9 |
| 5108 Bridgestone | 6 | 9 |
| 6501 Hitachi | 6 | 9 |
| 6723 Renesas Electronics | 6 | 9 |
| 6752 Panasonic Holdings | 6 | 9 |
| 6861 Keyence | 6 | 9 |
| 6920 Lasertec | 6 | 9 |
| 6988 Nitto Denko | 6 | 9 |
| 7269 Suzuki Motor | 6 | 9 |
| 8830 Sumitomo Realty & Development | 6 | 9 |
| 4901 Fujifilm Holdings | 4 | 6 |
| 6301 Komatsu | 4 | 6 |
| 6503 Mitsubishi Electric | 5 | 8 |
| 7203 Toyota Motor | 5 | 8 |
| 9503 Kansai Electric Power | 5 | 8 |
| 4063 Shin-Etsu Chemical | 5 | 9 |
| 4519 Chugai Pharmaceutical | 5 | 9 |
| 4661 Oriental Land | 5 | 9 |
| 5713 Sumitomo Metal Mining | 5 | 9 |
| 6146 Disco | 5 | 9 |
| 6525 Kokusai Electric | 5 | 9 |
| 6762 TDK | 5 | 9 |
| 6981 Murata Manufacturing | 5 | 9 |
| 7272 Yamaha Motor | 5 | 9 |
| 7974 Nintendo | 5 | 9 |
| 8015 Toyota Tsusho | 5 | 9 |
| 8031 Mitsui & Co. | 5 | 9 |
| 8035 Tokyo Electron | 5 | 9 |
| 8267 AEON | 5 | 9 |
| 9104 Mitsui O.S.K. Lines | 5 | 9 |
| 9984 SoftBank Group | 5 | 9 |
| 4502 Takeda Pharmaceutical | 4 | 8 |
| 9432 NTT | 4 | 8 |
| 1605 INPEX | 4 | 9 |
| 4507 Shionogi | 4 | 9 |
| 4543 Terumo | 4 | 9 |
| 5401 Nippon Steel | 4 | 9 |
| 6273 SMC | 4 | 9 |
| 8002 Marubeni | 4 | 9 |
| 9101 Nippon Yusen | 4 | 9 |
| 9433 KDDI | 4 | 9 |
| 7267 Honda Motor | 3 | 8 |
| 2768 Sojitz | 3 | 9 |
| 4568 Daiichi Sankyo | 3 | 9 |
| 8058 Mitsubishi Corp. | 3 | 9 |
| 9434 SoftBank | 3 | 9 |
| 8604 Nomura Holdings | 2 | 6 |