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Credit Rating Analysis: 日油 (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

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

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  BB  Credit is a little enough, but be insufficient potential by biz environs. ¥ 148 B
-2.30%
¥ 13 B
13.15%
¥ 8 B
20.01%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBBBAA
Total Assets
¥ 157 B
¥ 164 B
¥ 165 B
¥ 169 B
Net Assets
¥ 96 B
¥ 103 B
¥ 106 B
¥ 111 B

Financial Statement Risk Analysis: 日油 (Annual ) (Consolidated )

Special note
Net income has increased 5 consecutive terms. The performance is good.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 148 B) is first term Sales (¥ 152 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 108 B) is first term Gross Income (¥ 113 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -6 B) & Financial Cash Flow (¥ -7 B) is a minus, Operating Cash Flow (¥ 13 B) is a plus,
Dividend
Under the situation of Net Income (¥ 8 B) & Operating Cash Flow (¥ 13 B) , Dividend (¥ -2 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 4 B) is Sales first term ratio (¥ -3 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 152 B) is first term Sales (¥ 154 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 113 B) is first term Gross Income (¥ 114 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -5 B) & Financial Cash Flow (¥ -5 B) is a minus, Operating Cash Flow (¥ 11 B) is a plus,
Dividend
Under the situation of Net Income (¥ 7 B) & Operating Cash Flow (¥ 11 B) , Dividend (¥ -1 B) 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 (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -4 B) & Financial Cash Flow (¥ -7 B) is a minus, Operating Cash Flow (¥ 14 B) is a plus,
Dividend
Under the situation of Net Income (¥ 6 B) & Operating Cash Flow (¥ 14 B) , Dividend (¥ -1 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 154 B) is first term (¥ 143 B) more, however Operating Cash Flow (¥ 14 B) is first term (¥ 21 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 143 B) is first term Sales (¥ 150 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 109 B) is first term Gross Income (¥ 117 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -5 B) & Financial Cash Flow (¥ -15 B) is a minus, Operating Cash Flow (¥ 21 B) is a plus,
Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 21 B) , Dividend (¥ -1 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -3 B) is Sales first term ratio (¥ -6 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -386 M) and Investment Cash Flow (¥ -4 B) 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 (¥ -386 M) is a minus, Financial Cash Flow (¥ 710 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 (¥ 2 B) & Operating Cash Flow (¥ -386 M), Dividend (¥ -2 B) is paid.

Ticker Market Industry Month report Rating
@ 日油 4403 TSE 1st Chemicals 3 Annual BB

Related Company

@ KANEKA (Sales ¥ 476 B)
@ MITSUBISHI PLASTICS (Sales ¥ 398 B)
@ NITTO FC (Sales ¥ 18 B)
@ DAINICHISEIKA COLOR & CHEMICALS MFG. (Sales ¥ 151 B)
@ kyowa Hakko Kirin (Sales ¥ 333 B)
@ Central Glass (Sales ¥ 173 B)
@ Milbon (Sales ¥ 23 B)
@ POLA ORBIS HOLDINGS (Sales ¥ 180 B)
@ Sumitomo Bakelite (Sales ¥ 183 B)
@ MATSUMOTO YUSHI-SEIYAKU (Sales ¥ 27 B)
@ AIR WATER (Sales ¥ 540 B)
@ タキロン (Sales ¥ 67 B)
@ 和光純薬工業 (Sales ¥ 74 B)
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