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Credit Rating Analysis: サンヨーハウジング名古屋 (Annual )

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

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Credit Rating (Bankruptcy Risk): サンヨーハウジング名古屋 (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-08-31  CCC  Credit is fragile, and depended on biz environs. ¥ 37 B
5.04%
¥ 3 B
4.81%
¥ 2 B
11.02%

Financial Timeline

Date  2012-11-30 
(First quarter )
 2013-02-28 
(Second quarter )
 2013-05-31 
(Third quarter )
 2013-08-31 
(Annual )
Credit Rating CCCBCCC
Total Assets
¥ 33 B
¥ 34 B
¥ 37 B
¥ 37 B
Net Assets
¥ 19 B
¥ 20 B
¥ 20 B
¥ 21 B

Financial Statement Risk Analysis: サンヨーハウジング名古屋 (Annual ) (Consolidated )

Special note
Net income has increased 5 consecutive terms. The performance is good.
Net Assets have increased 5consecutive terms. The fiscal base is getting better.
[Date: 2013-08-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -1 B) and Investment Cash Flow (¥ -236 M) is minus, Net Income (¥ 2 B) 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.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -1 B) is a minus, Financial Cash Flow (¥ 1 B) 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 (¥ 2 B) & Operating Cash Flow (¥ -1 B), Dividend (¥ -551 M) is paid.
Financing Risk (*Interest-bearing Debt more)
Operating Cash Flow (¥ -1 B) is a minus, Interest-bearing Debt (¥ 8 B) is first term Interest-bearing Debt (¥ 6 B) more , there is a possibility that the financing has deteriorated very much.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 37 B) is first term (¥ 36 B) more, however Operating Cash Flow (¥ -1 B) is first term (¥ 2 B) less , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk
Operating Cash Flow (¥ -1 B) is a minus, Other Current Assets (¥ 19 B) - more than 50% of Total Assets (¥ 37 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 (¥ 3 B) is Sales first term ratio (¥ 1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-08-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 2 B) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -480 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 36 B) is first term (¥ 33 B) more, however Operating Cash Flow (¥ 2 B) is first term (¥ 2 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2011-08-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 33 B) is first term Sales (¥ 34 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 26 B) is first term Gross Income (¥ 28 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -678 M) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 2 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -467 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -283 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-08-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 34 B) is first term Sales (¥ 36 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 28 B) is first term Gross Income (¥ 30 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -378 M) & Financial Cash Flow (¥ -2 B) is a minus, Operating Cash Flow (¥ 5 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 5 B) , Dividend (¥ -467 M) is paid.
[Date: 2009-08-31]  Danger : Warning : Caution : Good
Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -2 B) is a minus, Issuance of new shares (¥ 1 B) is plus. Because a possibility of having appropriated the capital-increase fund for repayment of borrowed money is high , there is a possibility that the financing is extremely severe.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -135 M) & Financial Cash Flow (¥ -2 B) is a minus, Operating Cash Flow (¥ 2 B) is a plus,
Dividend
Under the situation of Net Income (¥ 722 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -456 M) is paid.

Related Information: サンヨーハウジング名古屋 (Annual )

Statement Type
Annual : サンヨーハウジング名古屋
First quarter : サンヨーハウジング名古屋
Second quarter : サンヨーハウジング名古屋
Third quarter : サンヨーハウジング名古屋
Analysis Menu
@Outline : サンヨーハウジング名古屋
@Statement : サンヨーハウジング名古屋
@Rating : サンヨーハウジング名古屋
@Indicator : サンヨーハウジング名古屋
@Download : サンヨーハウジング名古屋
Industry Comparison Ranking
Construction - EDIUNET Industry Rankings
Construction - EDIUNET Credit Rating
Construction - EDIUNET Industry Avg
Comparison with a neighboring company
Aichi - EDIUNET Prefectures
Aichi名古屋市 - 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)

Ticker Market Industry Month report Rating
@ サンヨーハウジング名古屋 8904 TSE 1st Construction 8 Annual CCC

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@ Kitano Construction (Sales ¥ 61 B)
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