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Credit Rating Analysis: ダイトエレクトロン (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): ダイトエレクトロン (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-12-31  CC  Credit is very vulnerable. ¥ 36 B
-11.05%
¥ 466 M
-47.81%
¥ 182 M
-72.08%

Financial Timeline

Date  2012-12-31 
(Annual )
 2013-03-31 
(First quarter )
 2013-06-30 
(Second quarter )
 2013-09-30 
(Third quarter )
Credit Rating CCBBBBCC
Total Assets
¥ 23 B
¥ 25 B
¥ 25 B
¥ 24 B
Net Assets
¥ 11 B
¥ 11 B
¥ 11 B
¥ 11 B

Financial Statement Risk Analysis: ダイトエレクトロン (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
Net Assets have increased 4consecutive terms. The fiscal base is getting better.
[Date: 2012-12-31]  Danger : Warning : Caution : Good
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -762 M) and Investment Cash Flow (¥ -218 M) is minus, Net Income (¥ 182 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.
Management Risk (*Sales is decrease )
Sales (¥ 36 B) is first term Sales (¥ 40 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 182 M) is first term Net Income (¥ 652 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.50%) is first term Net Profit Margin (1.61%) less , there is a possibility that the profitability has deteriorated.
Dividend Risk
Under the situation of Net Income (¥ 182 M) & Operating Cash Flow (¥ -762 M), Dividend (¥ -165 M) is paid.
Non-performing asset Risk
Operating Cash Flow (¥ -762 M) is a minus, Other Current Assets (¥ 12 B) - more than 50% of Total Assets (¥ 23 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 (¥ -2 B) is Sales first term ratio (¥ -4 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-12-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is decrease )
Net Income (¥ 652 M) is first term Net Income (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.61%) is first term Net Profit Margin (3.87%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -103 M) & Financial Cash Flow (¥ -556 M) is a minus, Operating Cash Flow (¥ 2 B) is a plus,
Dividend
Under the situation of Net Income (¥ 652 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -108 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 40 B) is first term (¥ 39 B) more, however Operating Cash Flow (¥ 2 B) is first term (¥ 2 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2010-12-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -71 M) & Financial Cash Flow (¥ -463 M) is a minus, Operating Cash Flow (¥ 2 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -54 M) is paid.
[Date: 2009-12-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -3 B) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -3 B) & Operating Cash Flow (¥ 354 M), Dividend (¥ -271 M) is paid.
Non-performing asset Risk
Net Income (¥ -3 B) is a minus, Other Current Assets (¥ 11 B) - more than 50% of Total Assets (¥ 21 B) is occupied , there is a possibility of holding the non-performing asset.

Related Information: ダイトエレクトロン (Annual )

Statement Type
Annual : ダイトエレクトロン
First quarter : ダイトエレクトロン
Second quarter : ダイトエレクトロン
Third quarter : ダイトエレクトロン
Analysis Menu
@Outline : ダイトエレクトロン
@Statement : ダイトエレクトロン
@Rating : ダイトエレクトロン
@Indicator : ダイトエレクトロン
@Download : ダイトエレクトロン
Industry Comparison Ranking
Wholesale Trade - EDIUNET Industry Rankings
Wholesale Trade - EDIUNET Credit Rating
Wholesale Trade - EDIUNET Industry Avg
Comparison with a neighboring company
Osaka - EDIUNET Prefectures
Osaka大阪市 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/20 リーバイ・ストラウス .. C 2013-11-30
1/20 TIEMCO BB 2013-11-30
1/15 イワキ BBB 2013-11-30
1/15 マルカキカイ BBB 2013-11-30
1/15 ALTECH BB 2013-11-30
1/15 Shinwa BBB 2013-11-30 (Q1)
1/15 ONWARD HOLDINGS A 2013-11-30 (Q3)
1/15 ガリバーインターナショ.. BBB 2013-11-30 (Q3)
1/15 Morito A 2013-11-30
1/15 BIKE O BB→BBB 2013-11-30

Ticker Market Industry Month report Rating
@ ダイトエレクトロン 7609 TSE 1st Wholesale Trade 12 Annual CC

Related Company

@ ダルトン (Sales ¥ 15 B)
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@ ストライダーズ (Sales ¥ 1 B)
@ リーバイ・ストラウス ジャパン (Sales ¥ 9 B)
@ SAKAE ELECTRONICS (Sales ¥ 3 B)
@ シーエスロジネット (Sales ¥ 16 B)
@ 内外テック (Sales ¥ 11 B)
@ MIKUNI SHOJI (Sales ¥ 22 B)
@ DAISUI (Sales ¥ 126 B)
@ 築地魚市場 (Sales ¥ 76 B)
@ PALTEK (Sales ¥ 13 B)
@ RECOMM (Sales ¥ 4 B)
@ 日教販 (Sales ¥ 31 B)
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