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Credit Rating Analysis: Nippon Kasei Chemical (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): Nippon Kasei Chemical (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. ¥ 33 B
2.34%
¥ 942 M
-2.18%
¥ 374 M
0.53%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating ABBBBBBB
Total Assets
¥ 35 B
¥ 34 B
¥ 33 B
¥ 32 B
Net Assets
¥ 11 B
¥ 11 B
¥ 11 B
¥ 11 B

Financial Statement Risk Analysis: Nippon Kasei Chemical (Annual ) (Consolidated )

[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.11%) is first term Net Profit Margin (1.13%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -944 M) & Financial Cash Flow (¥ -827 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend
Under the situation of Net Income (¥ 374 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -210 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 (¥ 770 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -1 B) and Investment Cash Flow (¥ -33 M) is minus, Net Income (¥ 372 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 (¥ 32 B) is first term Sales (¥ 39 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 27 B) is first term Gross Income (¥ 30 B) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend Risk
Under the situation of Net Income (¥ 372 M) & Operating Cash Flow (¥ -1 B), Dividend (¥ -210 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 (¥ -6 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 minus or 0 )
Net Income (¥ -961 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Net Income is decrease )
Net Income (¥ -961 M) is first term Net Income (¥ 661 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-2.46%) is first term Net Profit Margin (1.73%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -2 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 5 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -961 M) & Operating Cash Flow (¥ 5 B), Dividend (¥ -210 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 (¥ 817 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 (¥ 38 B) is first term Sales (¥ 48 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 30 B) is first term Gross Income (¥ 40 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 3 B) is a plus,
Dividend
Under the situation of Net Income (¥ 661 M) & Operating Cash Flow (¥ 3 B) , Dividend (¥ -210 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -612 M) is Sales first term ratio (¥ -10 B) 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 (¥ 347 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -420 M) is paid.

Related Information: Nippon Kasei Chemical (Annual )

Statement Type
Annual : Nippon Kasei Chemical
First quarter : Nippon Kasei Chemical
Second quarter : Nippon Kasei Chemical
Third quarter : Nippon Kasei Chemical
Analysis Menu
@Outline : Nippon Kasei Chemical
@Statement : Nippon Kasei Chemical
@Rating : Nippon Kasei Chemical
@Indicator : Nippon Kasei Chemical
@Download : Nippon Kasei Chemical
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Related company's newest statement

Date Company Credit Rating Date
1/23 Milbon AA→AAA 2013-12-20
1/17 Kawaguchi Chemical Indu.. BBB→BB 2013-11-30
1/17 SANKEI CHEMICAL A 2013-11-30
1/15 HOKKO CHEMICAL INDUSTRY BB→B 2013-11-30
1/15 Daito Pharmaceutical Co . AA 2013-11-30 (Q2)
1/15 KAWAKAMI PAINT MFG. B→BB 2013-11-30
1/15 旭化学工業 AA 2013-11-30 (Q1)
1/10 OSAKA ORGANIC CHEMICAL .. BB→BBB 2013-11-30
1/10 HISAMITSU PHARMACEUTICAL A 2013-11-30 (Q3)
1/10 AMS Life Science BBB→BB 2013-11-30 (Q1)

Ticker Market Industry Month report Rating
@ Nippon Kasei Chemical 4007 TSE 1st Chemicals 3 Annual BBB

Related Company

@ KODAMA CHEMICAL INDUSTRY (Sales ¥ 21 B)
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@ Toyo Gosei (Sales ¥ 14 B)
@ Nippon Kasei Chemical (Sales ¥ 33 B)
@ Rasa Industries (Sales ¥ 19 B)
@ New Japan Chemical (Sales ¥ 28 B)
@ HABA LABORATORIES (Sales ¥ 13 B)
@ Maruto Sangyo (Sales ¥ 14 B)
@ 本州化学工業 (Sales ¥ 15 B)
@ NARIS COSMETICS (Sales ¥ 21 B)
@ TOKYO PRINTHING INK MFG. (Sales ¥ 47 B)
@ HARIMA CHEMICALS (Sales ¥ 64 B)
@ TAIHEI CHEMICALS (Sales ¥ 5 B)
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