Free equity investment tool of Japanese companies

Credit Rating (Bankruptcy Risk): AIR WATER (Annual ) Consolidated | Non-Consolidated

Financial Timeline

Financial Statement Risk Analysis: AIR WATER (Annual ) (Consolidated )

Special note

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

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

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (3.40％) is first term Net Profit Margin (3.48％) less , there is a possibility that the profitability has deteriorated.

Dividend
Under the situation of Net Income (¥ 18 B) & Operating Cash Flow (¥ 30 B) , Dividend (¥ -4 B) is paid.

Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 540 B) is first term (¥ 492 B) more, however Operating Cash Flow (¥ 30 B) is first term (¥ 39 B) less , there is a possibility that the financing has deteriorated very much.

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

Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -7 B) is a minus, Issuance of new shares (¥ 2 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 (¥ -28 B) & Financial Cash Flow (¥ -7 B) is a minus, Operating Cash Flow (¥ 39 B) is a plus,

Dividend
Under the situation of Net Income (¥ 17 B) & Operating Cash Flow (¥ 39 B) , Dividend (¥ -4 B) is paid.

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

Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -1 B) is a minus, Issuance of new shares (¥ 2 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.

Management Risk (*Net Income is decrease )
Net Income (¥ 11 B) is first term Net Income (¥ 13 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (2.48％) is first term Net Profit Margin (3.26％) less , there is a possibility that the profitability has deteriorated.

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -34 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 32 B) is a plus,

Dividend
Under the situation of Net Income (¥ 11 B) & Operating Cash Flow (¥ 32 B) , Dividend (¥ -4 B) is paid.

Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 471 B) is first term (¥ 426 B) more, however Operating Cash Flow (¥ 32 B) is first term (¥ 44 B) less , there is a possibility that the financing has deteriorated very much.

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

Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -20 B) is a minus, Issuance of new shares (¥ 9 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.

Management Risk (*Sales is decrease )
Sales (¥ 426 B) is first term Sales (¥ 448 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Gross Income is decrease )
Gross Income (¥ 320 B) is first term Gross Income (¥ 344 B) less , there is a possibility that the management situation has stagnated and deteriorated

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -25 B) & Financial Cash Flow (¥ -20 B) is a minus, Operating Cash Flow (¥ 44 B) is a plus,

Dividend
Under the situation of Net Income (¥ 13 B) & Operating Cash Flow (¥ 44 B) , Dividend (¥ -4 B) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -15 B) is Sales first term ratio (¥ -22 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 (¥ 12 B) & Operating Cash Flow (¥ 27 B) , Dividend (¥ -4 B) is paid.

Credit Rating (Bankruptcy Risk): AIR WATER (Annual ) Consolidated | Non-Consolidated

Financial Timeline

Financial Statement Risk Analysis: AIR WATER (Annual ) (Non-Consolidated )

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

Stated Capital less
As compared with the first term of Stated Capital (¥ 32 B), Stated Capital (-) is less than 10%, , there is a possibility that the management situation is extremely severe.

Management Risk (*Net Income is decrease )
Net Income (¥ 5 B) is first term Net Income (¥ 8 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (2.62％) is first term Net Profit Margin (4.34％) less , there is a possibility that the profitability has deteriorated.

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

Management Risk (*Sales is decrease )
Sales (¥ 197 B) is first term Sales (¥ 199 B) less , there is a possibility that the management situation has stagnated and deteriorated

Dividend
Under the situation of Net Income (¥ 8 B) & Operating Cash Flow (-) , Dividend (¥ -4 B) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -117 M) 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 (*Sales is decrease )
Sales (¥ 199 B) is first term Sales (¥ 213 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (¥ 3 B) is first term Net Income (¥ 8 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.58％) is first term Net Profit Margin (3.99％) less , there is a possibility that the profitability has deteriorated.

Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (-) , Dividend (¥ -4 B) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -12 B) is Sales first term ratio (¥ -14 B) 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 (¥ 213 B) is first term Sales (¥ 244 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Gross Income is decrease )
Gross Income (¥ 178 B) is first term Gross Income (¥ 210 B) less , there is a possibility that the management situation has stagnated and deteriorated

Dividend
Under the situation of Net Income (¥ 8 B) & Operating Cash Flow (-) , Dividend (¥ -4 B) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -21 B) is Sales first term ratio (¥ -30 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 (¥ 7 B) & Operating Cash Flow (-) , Dividend (¥ -4 B) is paid.