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Credit Rating Analysis: TOYO DENKI SEIZO K. K. (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): TOYO DENKI SEIZO K. K. (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-05-31  BB  Credit is a little enough, but be insufficient potential by biz environs. ¥ 30 B
-20.72%
¥ 1 B
-35.68%
¥ 722 M
-8.02%

Financial Timeline

Date  2012-11-30 
(Second quarter )
 2013-02-28 
(Third quarter )
 2013-05-31 
(Annual )
 2013-08-31 
(First quarter )
Credit Rating CCBBCC
Total Assets
¥ 38 B
¥ 41 B
¥ 42 B
¥ 43 B
Net Assets
¥ 14 B
¥ 16 B
¥ 18 B
¥ 17 B

Financial Statement Risk Analysis: TOYO DENKI SEIZO K. K. (Annual ) (Consolidated )

Special note
Net Assets have increased 5consecutive terms. The fiscal base is getting better.
[Date: 2013-05-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 30 B) is first term Sales (¥ 38 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 722 M) is first term Net Income (¥ 785 M) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend
Under the situation of Net Income (¥ 722 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -289 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 715 M) is Sales first term ratio (¥ -7 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-05-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -1 B) and Investment Cash Flow (¥ -2 B) is minus, Net Income (¥ 785 M) is plus. Because it is unnatural that profits have come out in this situation, the possibility of holding the non-performing asset is very high.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -1 B) is a minus, Financial Cash Flow (¥ 2 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 (¥ 785 M) & Operating Cash Flow (¥ -1 B), Dividend (¥ -289 M) is paid.
Financing Risk (*Interest-bearing Debt more)
Operating Cash Flow (¥ -1 B) is a minus, Interest-bearing Debt (¥ 9 B) is first term Interest-bearing Debt (¥ 6 B) more , there is a possibility that the financing has deteriorated very much.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 38 B) is first term (¥ 37 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
Operating Cash Flow (¥ -1 B) is a minus, Other Current Assets (¥ 19 B) - more than 50% of Total Assets (¥ 38 B) is occupied , there is a possibility of holding the non-performing asset.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 715 M) is Sales first term ratio (¥ 677 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-05-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 678 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -264 M) is paid.
[Date: 2010-05-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 512 M) & Operating Cash Flow (¥ 673 M) , Dividend (¥ -264 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 35 B) is first term (¥ 33 B) more, however Operating Cash Flow (¥ 673 M) is first term (¥ 1 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2009-05-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 103 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -267 M) is paid.

Related Information: TOYO DENKI SEIZO K. K. (Annual )

Statement Type
Annual : TOYO DENKI SEIZO K. K.
First quarter : TOYO DENKI SEIZO K. K.
Second quarter : TOYO DENKI SEIZO K. K.
Third quarter : TOYO DENKI SEIZO K. K.
Analysis Menu
@Outline : TOYO DENKI SEIZO K. K.
@Statement : TOYO DENKI SEIZO K. K.
@Rating : TOYO DENKI SEIZO K. K.
@Indicator : TOYO DENKI SEIZO K. K.
@Download : TOYO DENKI SEIZO K. K.
Industry Comparison Ranking
Electric Appliances - EDIUNET Industry Rankings
Electric Appliances - EDIUNET Credit Rating
Electric Appliances - EDIUNET Industry Avg
Comparison with a neighboring company
Tokyo - EDIUNET Prefectures
Tokyo中央区 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/10 Newtech CC→B 2013-11-30 (Q3)
12/26 Optoelectronics BB 2013-11-30
12/12 石井表記 C 2013-10-31 (Q3)
12/11 COSEL A 2013-11-20 (Q2)
12/11 SANNO CCC→B 2013-10-31 (Q1)
12/11 CCS B→BB 2013-10-31 (Q1)
12/10 SAMCO A→BB 2013-10-31 (Q1)
12/10 TOMITA ELECTRIC. BB→BBB 2013-10-31 (Q3)
12/6 SUMCO CCC→B 2013-10-31 (Q3)
12/6 OSG CORPORATION BBB→A 2013-10-31 (Q3)

Ticker Market Industry Month report Rating
@ TOYO DENKI SEIZO K. K. 6505 TSE 1st Electric Appliances 5 Annual BB

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