Free equity investment tool of Japanese companies

Credit Rating (Bankruptcy Risk): SUGITA ACE (Annual ) Non-Consolidated

Financial Timeline

Financial Statement Risk Analysis: SUGITA ACE (Annual ) (Non-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: 2012-03-31]  Danger : Warning : Caution : Good

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -138 M) & Financial Cash Flow (¥ -43 M) is a minus, Operating Cash Flow (¥ 139 M) is a plus,

Dividend
Under the situation of Net Income (¥ 608 M) & Operating Cash Flow (¥ 139 M) , Dividend (¥ -37 M) is paid.

Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 41 B) is first term (¥ 37 B) more, however Operating Cash Flow (¥ 139 M) is first term (¥ 546 M) less , there is a possibility that the financing has deteriorated very much.

[Date: 2011-03-31]  Danger : Warning : Caution : Good

Dividend
Under the situation of Net Income (¥ 313 M) & Operating Cash Flow (¥ 546 M) , Dividend (¥ -21 M) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 1 B) is Sales first term ratio (¥ 829 M) more , there is a possibility that the non-performing asset was increased.

[Date: 2010-03-31]  Danger : Warning : Caution : Good

Management Risk (*Current Profit & Operating Cash Flow is minus or 0 )
Current Profit(¥ -29 M) & Operating Cash Flow (¥ -559 M) is minus or 0, so , there is a possibility that the management situation is very severe.

Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -5 B) & Operating Cash Flow (¥ -559 M) is a minus, Interest-bearing Debt (¥ 1 B) is first term Interest-bearing Debt (¥ 1 B) more , there is a possibility that the financing is very severe.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -559 M) is a minus, Other Current Assets (¥ 13 B) - more than 66% of Total Assets (¥ 20 B) is occupied , the possibility of holding the non-performing asset is very high.

Management Risk (*Sales is decrease )
Sales (¥ 36 B) is first term Sales (¥ 41 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Gross Income is decrease )
Gross Income (¥ 31 B) is first term Gross Income (¥ 35 B) less , there is a possibility that the management situation has stagnated and deteriorated

Financing Risk (*Operating Cash Flow is minus or 0 ＆Sales is decrease )
Sales (¥ 36 B) is first term Sales (¥ 41 B) less, however Operating Cash Flow (¥ -559 M) is compensated for Investment Cash Flow (¥ 215 M) etc. , there is a possibility that the financing is severe.

Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -559 M) is a minus, Financial Cash Flow (¥ 215 M) 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 (¥ 60 M) & Operating Cash Flow (¥ -559 M), Dividend (¥ -40 M) is paid.

Financing Risk (*Sale of stock property)
Operating Cash Flow (¥ -559 M) is minus, Investment Cash Flow (¥ 215 M) is plus. Because the main occupation was dull, stock property may have been sold off.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -1 B) is Sales first term ratio (¥ -5 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)
Net Income (¥ -1 B) is a minus, Other Current Assets (¥ 15 B) - more than 66% of Total Assets (¥ 22 B) is occupied , the possibility of holding the non-performing asset is very high.

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 (¥ -161 M) & Financial Cash Flow (¥ -377 M) is a minus, Operating Cash Flow (¥ 817 M) is a plus,

Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ 817 M), Dividend (¥ -80 M) is paid.