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Credit Rating Analysis: DIJET INDUSTRIAL (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): DIJET INDUSTRIAL (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  B  Credit is not enough, easily undermined by biz environs. ¥ 8 B
-3.95%
¥ 352 M
-38.67%
¥ 263 M
-58.32%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBCCCBB
Total Assets
¥ 13 B
¥ 14 B
¥ 14 B
¥ 14 B
Net Assets
¥ 5 B
¥ 5 B
¥ 5 B
¥ 5 B

Financial Statement Risk Analysis: DIJET INDUSTRIAL (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 8 B) is first term Sales (¥ 9 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 263 M) is first term Net Income (¥ 631 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (3.01%) is first term Net Profit Margin (6.93%) less , there is a possibility that the profitability has deteriorated.
Dividend
Under the situation of Net Income (¥ 263 M) & Operating Cash Flow (¥ 687 M) , Dividend (¥ -89 M) is paid.
Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -360 M) & Operating Cash Flow first term ratio (¥ -35 M) is a minus, Interest-bearing Debt (¥ 4 B) is first term Interest-bearing Debt (¥ 3 B) more , 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 (¥ -58 M) is Sales first term ratio (¥ -360 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -373 M) & Financial Cash Flow (¥ -729 M) is a minus, Operating Cash Flow (¥ 722 M) is a plus,
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 9 B) is first term (¥ 8 B) more, however Operating Cash Flow (¥ 722 M) is first term (¥ 855 M) 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 (¥ 787 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]
*Financial Statement Risk was not found.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Sales is sharp decrease )
As compared with the first term of Sales (¥ 6 B) , Sales (¥ 9 B) is less than 80%, and As compared with the first term of Net Income (¥ -1 B) , Net Income (¥ -1 B) is less than 10%, , there is a possibility that the management situation has deteriorated very much.
Management Risk (*Sales is decrease )
Sales (¥ 6 B) is first term Sales (¥ 9 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 5 B) is first term Gross Income (¥ 7 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-19.08%) is first term Net Profit Margin (-13.80%) less , there is a possibility that the profitability has deteriorated.
Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -2 B) & Operating Cash Flow first term ratio (¥ -403 M) is a minus, Interest-bearing Debt (¥ 5 B) is first term Interest-bearing Debt (¥ 5 B) more , 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 (¥ -418 M) is Sales first term ratio (¥ -2 B) more , there is a possibility that the non-performing asset was increased.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -1 B) is a minus, the cashflow of Operating Cash Flow (¥ 150 M) is smaller than Investment Cash Flow (¥ -277 M) , there is a possibility of the overinvestment.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -1 B) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ 553 M), Dividend (¥ -179 M) is paid.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -1 B) is a minus, the cashflow of Operating Cash Flow (¥ 553 M) is smaller than Investment Cash Flow (¥ -872 M) , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ DIJET INDUSTRIAL 6138 TSE 1st Machinery 3 Annual B

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