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Credit Rating Analysis: TAIYO YUDEN (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): TAIYO YUDEN (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. ¥ 192 B
4.95%
¥ 7 B
180.04%
¥ 2 B
109.25%

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
¥ 219 B
¥ 225 B
¥ 233 B
¥ 234 B
Net Assets
¥ 110 B
¥ 115 B
¥ 121 B
¥ 122 B

Financial Statement Risk Analysis: TAIYO YUDEN (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 (*Gross Income is decrease )
Gross Income (¥ 155 B) is first term Gross Income (¥ 157 B) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend
Under the situation of Net Income (¥ 2 B) & Operating Cash Flow (¥ 19 B) , Dividend (¥ -882 M) is paid.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -21 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 183 B) is first term Sales (¥ 210 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -21 B) is first term Net Income (¥ -5 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-11.75%) is first term Net Profit Margin (-2.62%) less , there is a possibility that the profitability has deteriorated.
Dividend Risk
Under the situation of Net Income (¥ -21 B) & Operating Cash Flow (¥ 5 B), Dividend (¥ -881 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -3 B) is Sales first term ratio (¥ -26 B) more , there is a possibility that the non-performing asset was increased.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -21 B) is a minus, the cashflow of Operating Cash Flow (¥ 5 B) is smaller than Investment Cash Flow (¥ -28 B) , there is a possibility of the overinvestment.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -5 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Net Income is decrease )
Net Income (¥ -5 B) is first term Net Income (¥ -680 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-2.62%) is first term Net Profit Margin (-0.35%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -16 B) & Financial Cash Flow (¥ -8 B) is a minus, Operating Cash Flow (¥ 25 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -5 B) & Operating Cash Flow (¥ 25 B), Dividend (¥ -1 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 210 B) is first term (¥ 195 B) more, however Operating Cash Flow (¥ 25 B) is first term (¥ 25 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -680 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Gross Income is decrease )
Gross Income (¥ 159 B) is first term Gross Income (¥ 163 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -8 B) & Financial Cash Flow (¥ -8 B) is a minus, Operating Cash Flow (¥ 25 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -680 M) & Operating Cash Flow (¥ 25 B), Dividend (¥ -1 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 14 B) is Sales first term ratio (¥ 10 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -14 B) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -14 B) & Operating Cash Flow (¥ 15 B), Dividend (¥ -1 B) is paid.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -14 B) is a minus, the cashflow of Operating Cash Flow (¥ 15 B) is smaller than Investment Cash Flow (¥ -25 B) , there is a possibility of the overinvestment.

Related Information: TAIYO YUDEN (Annual )

Statement Type
Annual : TAIYO YUDEN
First quarter : TAIYO YUDEN
Second quarter : TAIYO YUDEN
Third quarter : TAIYO YUDEN
Analysis Menu
@Outline : TAIYO YUDEN
@Statement : TAIYO YUDEN
@Rating : TAIYO YUDEN
@Indicator : TAIYO YUDEN
@Download : TAIYO YUDEN
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台東区 - EDIUNET Prefectures

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12/12 石井表記 C 2013-10-31 (Q3)
12/11 COSEL A 2013-11-20 (Q2)
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12/6 OSG CORPORATION BBB→A 2013-10-31 (Q3)

Ticker Market Industry Month report Rating
@ TAIYO YUDEN 6976 TSE 1st Electric Appliances 3 Annual BB

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