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Credit Rating Analysis: HAGIHARA INDUSTRIES (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): HAGIHARA INDUSTRIES (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-10-31  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 21 B
4.24%
¥ 2 B
-6.21%
¥ 1 B
1.75%

Financial Timeline

Date  2013-01-31 
(First quarter )
 2013-04-30 
(Second quarter )
 2013-07-31 
(Third quarter )
 2013-10-31 
(Annual )
Credit Rating BBBAABBB
Total Assets
¥ 19 B
¥ 21 B
¥ 21 B
¥ 22 B
Net Assets
¥ 12 B
¥ 13 B
¥ 13 B
¥ 14 B

Financial Statement Risk Analysis: HAGIHARA INDUSTRIES (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: 2013-10-31]  Danger : Warning : Caution : Good
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (6.14%) is first term Net Profit Margin (6.29%) less , there is a possibility that the profitability has deteriorated.
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -296 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 21 B) is first term (¥ 20 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 (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 1 B) is Sales first term ratio (¥ 883 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-10-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 20 B) is first term Sales (¥ 21 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 14 B) is first term Gross Income (¥ 15 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 (¥ -474 M) 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 (¥ -263 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 70 M) is Sales first term ratio (¥ -442 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-10-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -934 M) & Financial Cash Flow (¥ -747 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -197 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 21 B) is first term (¥ 18 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: 2010-10-31]  Danger : Warning : Caution : Good
Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -1 B) is a minus, Issuance of new shares (¥ 533 M) 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 (*Gross Income is decrease )
Gross Income (¥ 13 B) is first term Gross Income (¥ 13 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -500 M) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -164 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 18 B) is first term (¥ 18 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 (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 523 M) is Sales first term ratio (¥ 241 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-10-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -558 M) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 2 B) is a plus,
Dividend
Under the situation of Net Income (¥ 595 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -209 M) is paid.

Ticker Market Industry Month report Rating
@ HAGIHARA INDUSTRIES 7856 TSE 2st Chemicals 10 Annual BBB

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