Free equity investment tool of Japanese companies

Credit Rating Analysis

Annual

First quarter

Second quarter

Third quarter

Sponsored Link

Related Company

NIPPON KANRYU INDUSTRY

Hinokiya Holdings

NIPPON DENTSU

Nankai Tatsumura Construction

日建工学

C-CUBE

Nippon Koei

西日本システム建設

SOLCOM

藤田エンジニアリング

Kumagai Gumi

UEKI

TOKYU CONSTRUCTION

土屋ホールディングス

Kitano Construction

EDIUNET Related Ranking

EDIUNET

EDIUNET Credit Rating

EDIUNET Industry Avg

EDIUNET Prefectures

Yuho! Industry

EDIUNET Rating News

Prev « 2024-04 » Next

Mon	Tue	Wed	Thu	Fri	Sat	Sun
1 -	2 -	3 -	4 -	5 -	6 -	7 -
8 -	9 -	10 -	11 -	12 -	13 -	14 -
15 -	16 -	17 -	18 -	19 -	20 -	21 -
22 -	23 -	24 -	25 -	26 -	27 -	28 -
29 -	30 -

[Update list]

1/28 Retail Trade (CAWACHI:A etc...

1/27 Banks (The Awa Bank:BBB→A)

1/23 Chemicals (Milbon:AA→AAA)

1/21 Glass & Ceramics Products (..

1/21 Machinery (TSUDAKOMA:C)

1/21 Other Services (Netindex.:CC)

1/20 Other Products (Kurogane Kos..

1/20 Wholesale Trade (リーバイ・..

1/20 Other Services (川崎地質:BB→..

1/17 Chemicals (Kawaguchi Chemica..

 RSS

 Company RSS

 Daily RSS

Sponsored Link

Recently Download Chart

ROHM

日本アビオニクス

日本アビオニクス

日本アビオニクス

メルコホールディングス

Credit Rating Analysis: 西日本システム建設 (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 Outline Statement Rating Indicator Download

Sponsored Link

Credit Rating (Bankruptcy Risk): 西日本システム建設 (Annual ) Consolidated | Non-Consolidated

Date	Credit Rating	Comment	Sales	Current Profit	Net Income
2013-03-31	BBB	Credit is enough, but be decreased potential by biz environs.	¥ 26 B 6.10%	¥ 821 M 4.18%	¥ 517 M 77.66%

Financial Timeline

Date	2012-12-31  (Third quarter )	2013-03-31  (Annual )	2013-06-30  (First quarter )	2013-09-30  (Second quarter )
Credit Rating	A	BBB	BBB	A
Total Assets	¥ 17 B	¥ 18 B	¥ 17 B	¥ 18 B
Net Assets	¥ 8 B	¥ 9 B	¥ 9 B	¥ 9 B

Financial Statement Risk Analysis: 西日本システム建設 (Annual ) (Consolidated )

Special note

Net Assets have increased 5consecutive terms. The fiscal base is getting better.

[Date: 2013-03-31]  Danger : Warning : Caution : Good

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -193 M) & Financial Cash Flow (¥ -194 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,

Dividend
Under the situation of Net Income (¥ 517 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -130 M) is paid.

Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 26 B) is first term (¥ 24 B) more, however Operating Cash Flow (¥ 1 B) is first term (¥ 1 B) less , there is a possibility that the financing has deteriorated very much.

[Date: 2012-03-31]  Danger : Warning : Caution : Good

Management Risk (*Sales is decrease )
Sales (¥ 24 B) is first term Sales (¥ 27 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (¥ 291 M) is first term Net Income (¥ 353 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.17％) is first term Net Profit Margin (1.27％) less , there is a possibility that the profitability has deteriorated.

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -485 M) & Financial Cash Flow (¥ -18 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,

Dividend
Under the situation of Net Income (¥ 291 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -120 M) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -2 B) is Sales first term ratio (¥ -2 B) more , there is a possibility that the non-performing asset was increased.

[Date: 2011-03-31]  Danger : Warning : Caution : Good

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.27％) is first term Net Profit Margin (1.32％) less , there is a possibility that the profitability has deteriorated.

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -55 M) & Financial Cash Flow (¥ -65 M) is a minus, Operating Cash Flow (¥ 248 M) is a plus,

Dividend
Under the situation of Net Income (¥ 353 M) & Operating Cash Flow (¥ 248 M) , Dividend (¥ -120 M) is paid.

[Date: 2010-03-31]  Danger : Warning : Caution : Good

Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -840 M) & Operating Cash Flow (¥ -102 M) is a minus, Interest-bearing Debt (¥ 2 B) is first term Interest-bearing Debt (¥ 2 B) more , there is a possibility that the financing is very severe.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -102 M) and Investment Cash Flow (¥ -147 M) is minus, Net Income (¥ 352 M) is plus. Because it is unnatural that profits have come out in this situation, the possibility of holding the non-performing asset is very high.

Management Risk (*Sales is decrease )
Sales (¥ 26 B) is first term Sales (¥ 27 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (¥ 352 M) is first term Net Income (¥ 508 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.32％) is first term Net Profit Margin (1.84％) less , there is a possibility that the profitability has deteriorated.

Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -102 M) is a minus, Financial Cash Flow (¥ 220 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.

Dividend Risk
Under the situation of Net Income (¥ 352 M) & Operating Cash Flow (¥ -102 M), Dividend (¥ -121 M) is paid.

Non-performing asset Risk
Operating Cash Flow (¥ -102 M) is a minus, Other Current Assets (¥ 9 B) - more than 50% of Total Assets (¥ 18 B) is occupied , there is a possibility of holding the non-performing asset.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 839 M) is Sales first term ratio (¥ -840 M) more , there is a possibility that the non-performing asset was increased.

[Date: 2009-03-31]  Danger : Warning : Caution : Good

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -258 M) & Financial Cash Flow (¥ -265 M) is a minus, Operating Cash Flow (¥ 549 M) is a plus,

Dividend
Under the situation of Net Income (¥ 508 M) & Operating Cash Flow (¥ 549 M) , Dividend (¥ -123 M) is paid.

Credit Rating (Bankruptcy Risk): 西日本システム建設 (Annual ) Consolidated | Non-Consolidated

Date	Credit Rating	Comment	Sales	Current Profit	Net Income
2013-03-31	A	Credit is high, but affected by biz environs.	¥ 22 B 5.20%	¥ 734 M 28.54%	¥ 465 M 252.27%

Financial Timeline

Date	-  (First quarter )	-  (Second quarter )	-  (Third quarter )	2013-03-31  (Annual )
Credit Rating	-	-	-	A
Total Assets	-	-	-	¥ 14 B
Net Assets	-	-	-	¥ 7 B

Financial Statement Risk Analysis: 西日本システム建設 (Annual ) (Non-Consolidated )

Special note

Net Assets have increased 5consecutive terms. The fiscal base is getting better.

[Date: 2013-03-31]  Danger : Warning : Caution : Good

Dividend
Under the situation of Net Income (¥ 465 M) & Operating Cash Flow (-) , Dividend (¥ -130 M) is paid.

[Date: 2012-03-31]  Danger : Warning : Caution : Good

Management Risk (*Sales is decrease )
Sales (¥ 21 B) is first term Sales (¥ 24 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (¥ 132 M) is first term Net Income (¥ 252 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.61％) is first term Net Profit Margin (1.03％) less , there is a possibility that the profitability has deteriorated.

Dividend
Under the situation of Net Income (¥ 132 M) & Operating Cash Flow (-) , Dividend (¥ -120 M) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -2 B) is Sales first term ratio (¥ -2 B) more , there is a possibility that the non-performing asset was increased.

[Date: 2011-03-31]  Danger : Warning : Caution : Good

Management Risk (*Net Income is decrease )
Net Income (¥ 252 M) is first term Net Income (¥ 312 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.03％) is first term Net Profit Margin (1.33％) less , there is a possibility that the profitability has deteriorated.

Dividend
Under the situation of Net Income (¥ 252 M) & Operating Cash Flow (-) , Dividend (¥ -120 M) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 1 B) is Sales first term ratio (¥ 963 M) more , there is a possibility that the non-performing asset was increased.

[Date: 2010-03-31]  Danger : Warning : Caution : Good

Management Risk (*Sales is decrease )
Sales (¥ 23 B) is first term Sales (¥ 24 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (¥ 312 M) is first term Net Income (¥ 523 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.33％) is first term Net Profit Margin (2.14％) less , there is a possibility that the profitability has deteriorated.

Dividend
Under the situation of Net Income (¥ 312 M) & Operating Cash Flow (-) , Dividend (¥ -121 M) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 838 M) is Sales first term ratio (¥ -909 M) more , there is a possibility that the non-performing asset was increased.

[Date: 2009-03-31]  Danger : Warning : Caution : Good

Dividend
Under the situation of Net Income (¥ 523 M) & Operating Cash Flow (-) , Dividend (¥ -123 M) is paid.

Related Information: 西日本システム建設 (Annual )

Statement Type

Annual : 西日本システム建設

First quarter : 西日本システム建設

Second quarter : 西日本システム建設

Third quarter : 西日本システム建設

Analysis Menu

Outline : 西日本システム建設

Statement : 西日本システム建設

Rating : 西日本システム建設

Indicator : 西日本システム建設

Download : 西日本システム建設

Industry Comparison Ranking

Construction - EDIUNET Industry Rankings

Construction - EDIUNET Credit Rating

Construction - EDIUNET Industry Avg

Comparison with a neighboring company

Kumamoto - EDIUNET Prefectures

Kumamoto熊本市 - EDIUNET Prefectures

Related company's newest statement

Date	Company	Credit Rating	Date
1/10	INTERLIFE HOLDINGS	BBB→BB	2013-11-30 (Q3)
1/10	mbs	CCC→BBB	2013-11-30 (Q2)
1/7	AKATSUKI EAZIMA	CCC→C	2013-11-30 (Q1)
12/13	Taiyo Kisokogyo	BBB→AAA	2013-10-31 (Q3)
12/10	OHMORI	C	2013-10-31 (Q1)
12/9	HIGASHI NIHON HOUSE	A	2013-10-31
12/6	TANSEISHA	BB	2013-10-31 (Q3)
12/5	SEKISUI HOUSE	BB	2013-10-31 (Q3)
12/5	土屋ホールディングス	BBB	2013-10-31
12/3	TOKEN	BB	2013-10-31 (Q2)

EDIUNET Investment News (Construction)

1/10 Construction (INTERLIFE HOL..

1/7 Construction (AKATSUKI EAZI..

12/13 Construction (Taiyo Kisokogy..

12/10 Construction (OHMORI　:C)

12/9 Construction (HIGASHI NIHON ..

12/6 Construction (TANSEISHA:BB)

12/5 Construction (SEKISUI HOUSE:..

12/3 Construction (TOKEN:BB)

11/15 Construction (NIPPON KANRYU ..

11/14 Construction (YAMAURA:B→BBB ..

Company Information

Ticker	Market	Industry	Month	report	Rating
西日本システム建設	1933	TSE 2st	Construction	3	Annual	BBB

Related Company

日建工学 (Sales ¥ 6 B)

C-CUBE (Sales ¥ 54 B)

西日本システム建設 (Sales ¥ 26 B)

PENTA-OCEAN CONSTRUTION (Sales ¥ 349 B)

土屋ホールディングス (Sales ¥ 27 B)

NIPPON KANRYU INDUSTRY (Sales ¥ 12 B)

SOLCOM (Sales ¥ 37 B)

TTK (Sales ¥ 40 B)

TOKYU CONSTRUCTION (Sales ¥ 228 B)

フジタ (Sales ¥ 310 B)

Hinokiya Holdings (Sales ¥ 52 B)

日本基礎技術 (Sales ¥ 17 B)

NIPPON STEEL & SUMIKIN TEXENG. (Sales ¥ 130 B)

関連する株式投資情報

EDIUNET Caution

*Financial data might be different from the actual one. Please confirm the original, and read Caution.

*This site has obtained the information from the FSA's EDINET, Tokyo Stock Exchange's TDnet and Pay statistical data services, Fukuoka stock Exchange's Stock market capitalization, Center for Spatial Information Science's CSV Geocoding Service. The copyright of the information belongs to each corporation etc. .