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Credit Rating Analysis: SUZUKI METAL INDUSTRY (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): SUZUKI METAL INDUSTRY (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. ¥ 48 B
-10.67%
¥ 1 B
-44.89%
¥ 279 M
-65.34%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBBBBBBB
Total Assets
¥ 42 B
¥ 43 B
¥ 44 B
¥ 45 B
Net Assets
¥ 14 B
¥ 15 B
¥ 16 B
¥ 16 B

Financial Statement Risk Analysis: SUZUKI METAL INDUSTRY (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 (*Sales is decrease )
Sales (¥ 48 B) is first term Sales (¥ 54 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 279 M) is first term Net Income (¥ 805 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.57%) is first term Net Profit Margin (1.48%) less , there is a possibility that the profitability has 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 (¥ 279 M) & Operating Cash Flow (¥ 3 B) , Dividend (¥ -53 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 (¥ -5 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is decrease )
Net Income (¥ 805 M) is first term Net Income (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.48%) is first term Net Profit Margin (2.92%) 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 (¥ -2 B) is a minus, Operating Cash Flow (¥ 2 B) is a plus,
Dividend
Under the situation of Net Income (¥ 805 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -373 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 54 B) is first term (¥ 50 B) more, however Operating Cash Flow (¥ 2 B) is first term (¥ 5 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 5 B) is a plus,
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -611 M) is a minus, Issuance of new shares (¥ 3 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 minus or 0 )
Net Income (¥ -15 M) is minus or 0, so , there is a possibility that the management situation is severe.
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 (¥ 30 B) is first term Gross Income (¥ 33 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -4 B) & Financial Cash Flow (¥ -611 M) is a minus, Operating Cash Flow (¥ 3 B) is a plus,
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.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -15 M) is a minus, the cashflow of Operating Cash Flow (¥ 3 B) is smaller than Investment Cash Flow (¥ -4 B) , there is a possibility of the overinvestment.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -172 M) & Operating Cash Flow (¥ -745 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -745 M) is a minus, Financial Cash Flow (¥ 5 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 (¥ -172 M) & Operating Cash Flow (¥ -745 M), Dividend (¥ -143 M) is paid.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -745 M) and Investment Cash Flow (¥ -2 B) is minus, so , there is a possibility of the overinvestment.

Related Information: SUZUKI METAL INDUSTRY (Annual )

Statement Type
Annual : SUZUKI METAL INDUSTRY
First quarter : SUZUKI METAL INDUSTRY
Second quarter : SUZUKI METAL INDUSTRY
Third quarter : SUZUKI METAL INDUSTRY
Analysis Menu
@Outline : SUZUKI METAL INDUSTRY
@Statement : SUZUKI METAL INDUSTRY
@Rating : SUZUKI METAL INDUSTRY
@Indicator : SUZUKI METAL INDUSTRY
@Download : SUZUKI METAL INDUSTRY
Industry Comparison Ranking
Iron & Steel - EDIUNET Industry Rankings
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Comparison with a neighboring company
Tokyo - EDIUNET Prefectures
Tokyo千代田区 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
11/14 SNT A 2013-09-30 (Q2)
11/14 TDF BB→CC 2013-09-30 (Q2)
11/14 Daiwa Heavy Industry CCC 2013-09-30 (Q3)
11/13 日新製鋼 CCC→BB 2013-09-30 (Q2)
11/12 Pacific Metals A→BB 2013-09-30 (Q2)
11/12 ENVIPRO HOLDINGS - 2013-09-30 (Q1)
11/12 ITEC C 2013-09-30 (Q2)
11/12 CHUO MALLEABLE IRON BBB→BB 2013-09-30 (Q2)
11/8 日新製鋼ホールディングス - 2013-09-30 (Q2)
11/8 Maruichi Steel Tube AA 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ SUZUKI METAL INDUSTRY 5657 TSE 2st Iron & Steel 3 Annual BB

Related Company

@ KOGI (Sales ¥ 17 B)
@ 日本冶金工業 (Sales ¥ 108 B)
@ 日新製鋼 (Sales ¥ 515 B)
@ Nakayama Steel Works (Sales ¥ 141 B)
@ Sumitomo Metal Industries (Sales ¥ 1.4 T)
@ 高砂鐵工 (Sales ¥ 9 B)
@ NIPPON KINZOKU (Sales ¥ 38 B)
@ HOKUETSU METAL (Sales ¥ 20 B)
@ サンユウ (Sales ¥ 14 B)
@ 川金ホールディングス (Sales ¥ 25 B)
@ Chuo Denki Kogyo (Sales ¥ 43 B)
@ 日本高周波鋼業 (Sales ¥ 37 B)
@ SUZUKI METAL INDUSTRY (Sales ¥ 48 B)
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