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Credit Rating Analysis: WAIDA MFG. (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): WAIDA MFG. (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  CCC  Credit is fragile, and depended on biz environs. ¥ 4 B
-15.42%
¥ -71 M
-109.01%
¥ -171 M
-132.26%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BCCCCCC
Total Assets
¥ 8 B
¥ 8 B
¥ 8 B
¥ 7 B
Net Assets
¥ 4 B
¥ 4 B
¥ 4 B
¥ 4 B

Financial Statement Risk Analysis: WAIDA MFG. (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 (*Net Income is minus or 0 )
Net Income (¥ -171 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 4 B) is first term Sales (¥ 5 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -171 M) is first term Net Income (¥ 530 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-3.67%) is first term Net Profit Margin (9.62%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -381 M) & Financial Cash Flow (¥ -789 M) is a minus, Operating Cash Flow (¥ 848 M) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -171 M) & Operating Cash Flow (¥ 848 M), Dividend (¥ -106 M) is paid.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 5 B) is first term Sales (¥ 6 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 530 M) is first term Net Income (¥ 549 M) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend
Under the situation of Net Income (¥ 530 M) & Operating Cash Flow (¥ 888 M) , Dividend (¥ -112 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 163 M) is Sales first term ratio (¥ -575 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-06-20]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -263 M) & Financial Cash Flow (¥ -319 M) is a minus, Operating Cash Flow (¥ 338 M) is a plus,
Dividend
Under the situation of Net Income (¥ 549 M) & Operating Cash Flow (¥ 338 M) , Dividend (¥ -92 M) is paid.
[Date: 2010-06-20]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -57 M) & Operating Cash Flow (¥ -562 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 3 B) is first term (¥ 3 B) more, however Operating Cash Flow (¥ -562 M) is first term (¥ 1 B) less , there is a possibility that the financing has deteriorated very much.
Financing Risk (*Sale of stock property)
Operating Cash Flow (¥ -562 M) is minus, Investment Cash Flow (¥ 314 M) is plus. Because the main occupation was dull, stock property may have been sold off.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 609 M) is Sales first term ratio (¥ 555 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-06-20]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -904 M) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -904 M) & Operating Cash Flow (¥ 1 B), Dividend (¥ -184 M) is paid.

Ticker Market Industry Month report Rating
@ WAIDA MFG. 6158 OSE JASDAQ Machinery 3 Annual CCC

Related Company

@ TAKES GROUP (Sales ¥ 4 B)
@ WAIDA MFG. (Sales ¥ 4 B)
@ MITSUI SEIKI KOGYO (Sales ¥ 20 B)
@ YAMAZAKI (Sales ¥ 2 B)
@ 平田機工 (Sales ¥ 38 B)
@ Ishikawa Seisakusho (Sales ¥ 7 B)
@ Showa Manufacturing (Sales ¥ 10 B)
@ NIPPON THOMPSON (Sales ¥ 35 B)
@ 明治機械 (Sales ¥ 5 B)
@ 三菱化工機 (Sales ¥ 46 B)
@ Nippon Conveyor (Sales ¥ 8 B)
@ KOKEN BORING. (Sales ¥ 5 B)
@ FREESIA MACROSS (Sales ¥ 11 B)
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