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Credit Rating Analysis: Kanto Auto Works (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): Kanto Auto Works (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2011-03-31  CCC  Credit is fragile, and depended on biz environs. ¥ 504 B
14.00%
¥ 2 B
120.33%
¥ -1 B
85.71%

Financial Timeline

Date  2010-12-31 
(Third quarter )
 2011-03-31 
(Annual )
 2011-06-30 
(First quarter )
 2011-09-30 
(Second quarter )
Credit Rating ACCCCCC
Total Assets
¥ 175 B
¥ 157 B
¥ 182 B
¥ 176 B
Net Assets
¥ 86 B
¥ 84 B
¥ 78 B
¥ 81 B

Financial Statement Risk Analysis: Kanto Auto Works (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
Net Assets have dropped 3 consecutive terms. The fiscal base is getting worse.
[Date: 2011-03-31]  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.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -5 B) & Financial Cash Flow (¥ -540 M) is a minus, Operating Cash Flow (¥ 17 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ 17 B), Dividend (¥ -832 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 504 B) is first term (¥ 442 B) more, however Operating Cash Flow (¥ 17 B) is first term (¥ 22 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 & Sales is sharp decrease )
As compared with the first term of Sales (¥ 442 B) , Sales (¥ 622 B) is less than 80%, and As compared with the first term of Net Income (¥ 359 M) , Net Income (¥ -13 B) is less than 10%, , there is a possibility that the management situation has deteriorated very much.
Management Risk (*Sales is decrease )
Sales (¥ 442 B) is first term Sales (¥ 622 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -13 B) is first term Net Income (¥ 359 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-3.11%) is first term Net Profit Margin (0.06%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -5 B) & Financial Cash Flow (¥ -16 B) is a minus, Operating Cash Flow (¥ 22 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -13 B) & Operating Cash Flow (¥ 22 B), Dividend (¥ -554 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 8 B) is Sales first term ratio (¥ -180 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -10 B) and Investment Cash Flow (¥ -5 B) is minus, Net Income (¥ 359 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 (¥ -10 B) is a minus, Financial Cash Flow (¥ 17 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 (¥ 359 M) & Operating Cash Flow (¥ -10 B), Dividend (¥ -2 B) is paid.

Related Information: Kanto Auto Works (Annual )

Statement Type
Annual : Kanto Auto Works
First quarter : Kanto Auto Works
Second quarter : Kanto Auto Works
Third quarter : Kanto Auto Works
Analysis Menu
@Outline : Kanto Auto Works
@Statement : Kanto Auto Works
@Rating : Kanto Auto Works
@Indicator : Kanto Auto Works
@Download : Kanto Auto Works
Industry Comparison Ranking
Transportation Equipments - EDIUNET Industry Rankings
Transportation Equipments - EDIUNET Credit Rating
Transportation Equipments - EDIUNET Industry Avg
Comparison with a neighboring company
Kanagawa - EDIUNET Prefectures
Kanagawa横須賀市 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/15 U-SHIN  CCC→BBB 2013-11-30
1/15 エッチ・ケー・エス BB→B 2013-11-30 (Q1)
1/15 ASKA BBB→BB 2013-11-30
12/13 ハイレックスコーポレー.. AAA→A 2013-10-31
12/10 EIKEN INDUSTRIES BBB→A 2013-10-31
11/14 市光工業 BB→CC 2013-09-30 (Q2)
11/14 Daido Metal BBB 2013-09-30 (Q2)
11/14 MIKUNI BB 2013-09-30 (Q2)
11/14 Jidosha Buhin Kogyo BB→BBB 2013-09-30 (Q2)
11/14 I Metal Technology BB→BBB 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ Kanto Auto Works 7223 TSE 1st Transportation Equipments 3 Annual CCC

Related Company

@ ムロコーポレーション (Sales ¥ 15 B)
@ 内海造船 (Sales ¥ 27 B)
@ YASUNAGA (Sales ¥ 33 B)
@ 住友精密工業 (Sales ¥ 40 B)
@ FUTABA INDUSTRIAL (Sales ¥ 365 B)
@ KEEPER (Sales ¥ 16 B)
@ TEIN (Sales ¥ 2 B)
@ F-TECH (Sales ¥ 144 B)
@ NIPPON SHARYO (Sales ¥ 83 B)
@ ASKA (Sales ¥ 19 B)
@ UNIVANCE  (Sales ¥ 64 B)
@ NITTAN VALVE (Sales ¥ 35 B)
@ NISSAN SHATAI (Sales ¥ 464 B)
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*Financial data might be different from the actual one. Please confirm the original, and read Caution.

*This site has obtained the information from the FSA's EDINET, Tokyo Stock Exchange's TDnet and Pay statistical data services, Fukuoka stock Exchange's Stock market capitalization, Center for Spatial Information Science's CSV Geocoding Service. The copyright of the information belongs to each corporation etc. .

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