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Credit Rating Analysis: 不二越 (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): 不二越 (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-11-30  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 175 B
1.99%
¥ 11 B
28.39%
¥ 6 B
46.25%

Financial Timeline

Date  2013-02-28 
(First quarter )
 2013-05-31 
(Second quarter )
 2013-08-31 
(Third quarter )
 2013-11-30 
(Annual )
Credit Rating BBBBBBBBBBBB
Total Assets
¥ 195 B
¥ 209 B
¥ 210 B
¥ 207 B
Net Assets
¥ 69 B
¥ 75 B
¥ 76 B
¥ 81 B

Financial Statement Risk Analysis: 不二越 (Annual ) (Consolidated )

Special note
Net sales has increased 5 consecutive terms. The performance is good.
Net Assets have increased 5consecutive terms. The fiscal base is getting better.
[Date: 2013-11-30]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -10 B) & Financial Cash Flow (¥ -9 B) is a minus, Operating Cash Flow (¥ 20 B) is a plus,
Dividend
Under the situation of Net Income (¥ 6 B) & Operating Cash Flow (¥ 20 B) , Dividend (¥ -1 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 5 B) is Sales first term ratio (¥ 3 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-11-30]  Danger : Warning : Caution : Good
Management Risk (*Net Income is decrease )
Net Income (¥ 4 B) is first term Net Income (¥ 10 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (2.66%) is first term Net Profit Margin (6.03%) less , there is a possibility that the profitability has deteriorated.
Dividend
Under the situation of Net Income (¥ 4 B) & Operating Cash Flow (¥ 11 B) , Dividend (¥ -1 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 172 B) is first term (¥ 166 B) more, however Operating Cash Flow (¥ 11 B) is first term (¥ 12 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2011-11-30]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -8 B) & Financial Cash Flow (¥ -9 B) is a minus, Operating Cash Flow (¥ 12 B) is a plus,
Dividend
Under the situation of Net Income (¥ 10 B) & Operating Cash Flow (¥ 12 B) , Dividend (¥ -994 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 166 B) is first term (¥ 134 B) more, however Operating Cash Flow (¥ 12 B) is first term (¥ 20 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2010-11-30]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -6 B) & Financial Cash Flow (¥ -24 B) is a minus, Operating Cash Flow (¥ 20 B) is a plus,
Dividend
Under the situation of Net Income (¥ 5 B) & Operating Cash Flow (¥ 20 B) , Dividend (¥ -372 M) is paid.
[Date: 2009-11-30]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -7 B) & Operating Cash Flow (¥ -2 B) 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 (¥ -2 B) is a minus, Financial Cash Flow (¥ 26 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 (¥ -7 B) & Operating Cash Flow (¥ -2 B), Dividend (¥ -1 B) is paid.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -2 B) and Investment Cash Flow (¥ -8 B) is minus, so , there is a possibility of the overinvestment.

Related Information: 不二越 (Annual )

Statement Type
Annual : 不二越
First quarter : 不二越
Second quarter : 不二越
Third quarter : 不二越
Analysis Menu
@Outline : 不二越
@Statement : 不二越
@Rating : 不二越
@Indicator : 不二越
@Download : 不二越
Industry Comparison Ranking
Machinery - EDIUNET Industry Rankings
Machinery - EDIUNET Credit Rating
Machinery - EDIUNET Industry Avg
Comparison with a neighboring company
Toyama - EDIUNET Prefectures
Toyama富山市 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/21 TSUDAKOMA C 2013-11-30
1/16 不二越 BBB 2013-11-30
1/15 UNION TOOL CO. AA→AAA 2013-11-30
1/15 Maezawa Industries C 2013-11-30 (Q2)
1/15 OKANO VALVE MFG. Co. A→CCC 2013-11-30
1/15 小島鐵工所 CC 2013-11-30
1/15 GIKEN CC→BB 2013-11-30 (Q1)
1/15 中北製作所 BBB→A 2013-11-30 (Q2)
1/15 TAKEUCHI MFG. BBB 2013-11-30 (Q3)
1/15 Freund A→BBB 2013-11-30 (Q3)

Ticker Market Industry Month report Rating
@ 不二越 6474 TSE 1st Machinery 11 Annual BBB

Related Company

@ RIKEN (Sales ¥ 75 B)
@ TSUGAMI (Sales ¥ 52 B)
@ TOYO ENGINEERING (Sales ¥ 157 B)
@ BROTHER INDUSTRIES (Sales ¥ 497 B)
@ KITZ (Sales ¥ 111 B)
@ BROTHER INDUSTRIES (Sales ¥ 516 B)
@ AIDA ENGINEERING (Sales ¥ 57 B)
@ Hitachi Construction Machinery (Sales ¥ 817 B)
@ Hitachi Construction Machinery (Sales ¥ 772 B)
@ 東芝機械 (Sales ¥ 119 B)
@ JTEKT (Sales ¥ 1.0 T)
@ THK (Sales ¥ 168 B)
@ Tsukishima Kikai (Sales ¥ 79 B)
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