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Credit Rating Analysis: YOSHINOYA HOLDINGS (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

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Credit Rating (Bankruptcy Risk): YOSHINOYA HOLDINGS (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-02-28  C  Credit is extremely vulnerable. The lowest rating. ¥ 164 B
-0.77%
¥ 2 B
-53.68%
¥ -364 M
-127.78%

Financial Timeline

Date  2013-02-28 
(Annual )
 2013-05-31 
(First quarter )
 2013-08-31 
(Second quarter )
 2013-11-30 
(Third quarter )
Credit Rating CCCCBCCC
Total Assets
¥ 91 B
¥ 94 B
¥ 98 B
¥ 96 B
Net Assets
¥ 43 B
¥ 42 B
¥ 43 B
¥ 42 B

Financial Statement Risk Analysis: YOSHINOYA HOLDINGS (Annual ) (Consolidated )

Special note
Net sales has dropped 4 consecutive terms. The business have high risk.
The change of Net income is going too far. The management situation is unstable.
Net Assets have dropped 4 consecutive terms. The fiscal base is getting worse.
[Date: 2013-02-28]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -364 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 164 B) is first term Sales (¥ 165 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -364 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 (-0.22%) is first term Net Profit Margin (0.79%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -6 B) & Financial Cash Flow (¥ -2 B) is a minus, Operating Cash Flow (¥ 6 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -364 M) & Operating Cash Flow (¥ 6 B), Dividend (¥ -1 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 492 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -364 M) is a minus, the cashflow of Operating Cash Flow (¥ 6 B) is smaller than Investment Cash Flow (¥ -6 B) , there is a possibility of the overinvestment.
[Date: 2012-02-29]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 165 B) is first term Sales (¥ 171 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 56 B) is first term Gross Income (¥ 60 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -3 B) & Financial Cash Flow (¥ -3 B) is a minus, Operating Cash Flow (¥ 8 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 8 B) , Dividend (¥ -1 B) 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 (¥ -5 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-02-28]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 171 B) is first term Sales (¥ 179 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 60 B) is first term Gross Income (¥ 67 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -4 B) & Financial Cash Flow (¥ -7 B) is a minus, Operating Cash Flow (¥ 13 B) is a plus,
Dividend
Under the situation of Net Income (¥ 382 M) & Operating Cash Flow (¥ 13 B) , Dividend (¥ -1 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -5 B) is Sales first term ratio (¥ -8 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-02-28]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -8 B) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -8 B) & Operating Cash Flow (¥ 92 M), Dividend (¥ -1 B) is paid.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -8 B) is a minus, the cashflow of Operating Cash Flow (¥ 92 M) is smaller than Investment Cash Flow (¥ -9 B) , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ YOSHINOYA HOLDINGS 9861 TSE 1st Retail Trade 2 Annual C

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