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Credit Rating Analysis: Tokyo Tatemono (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): Tokyo Tatemono (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-12-31  BB  Credit is a little enough, but be insufficient potential by biz environs. ¥ 194 B
16.30%
¥ 21 B
299.91%
¥ 10 B
114.27%

Financial Timeline

Date  2012-12-31 
(Annual )
 2013-03-31 
(First quarter )
 2013-06-30 
(Second quarter )
 2013-09-30 
(Third quarter )
Credit Rating BBBBBBBBA
Total Assets
¥ 895 B
¥ 929 B
¥ 930 B
¥ 953 B
Net Assets
¥ 212 B
¥ 230 B
¥ 242 B
¥ 262 B

Financial Statement Risk Analysis: Tokyo Tatemono (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
[Date: 2012-12-31]  Danger : Warning : Caution : Good
Management Risk (*Gross Income is decrease )
Gross Income (¥ 140 B) is first term Gross Income (¥ 145 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -15 B) & Financial Cash Flow (¥ -35 B) is a minus, Operating Cash Flow (¥ 57 B) is a plus,
[Date: 2011-12-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -71 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 166 B) is first term Sales (¥ 198 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -71 B) is first term Net Income (¥ 6 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-42.99%) is first term Net Profit Margin (3.19%) less , there is a possibility that the profitability has deteriorated.
Dividend Risk
Under the situation of Net Income (¥ -71 B) & Operating Cash Flow (¥ 8 B), Dividend (¥ -1 B) is paid.
Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -31 B) & Operating Cash Flow first term ratio (¥ -51 B) is a minus, Interest-bearing Debt (¥ 507 B) is first term Interest-bearing Debt (¥ 454 B) more , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -5 B) is Sales first term ratio (¥ -31 B) more , there is a possibility that the non-performing asset was increased.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -71 B) is a minus, the cashflow of Operating Cash Flow (¥ 8 B) is smaller than Investment Cash Flow (¥ -37 B) , there is a possibility of the overinvestment.
[Date: 2010-12-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 198 B) is first term Sales (¥ 262 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 6 B) is first term Net Income (¥ 6 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -53 B) is a minus, Operating Cash Flow (¥ 59 B) is a plus,
Dividend
Under the situation of Net Income (¥ 6 B) & Operating Cash Flow (¥ 59 B) , Dividend (¥ -3 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -40 B) is Sales first term ratio (¥ -64 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-12-31]  Danger : Warning : Caution : Good
Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -18 B) is a minus, Issuance of new shares (¥ 30 B) is plus. Because a possibility of having appropriated the capital-increase fund for repayment of borrowed money is high , there is a possibility that the financing is extremely severe.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -48 B) & Financial Cash Flow (¥ -18 B) is a minus, Operating Cash Flow (¥ 66 B) is a plus,
Dividend
Under the situation of Net Income (¥ 6 B) & Operating Cash Flow (¥ 66 B) , Dividend (¥ -4 B) is paid.

Ticker Market Industry Month report Rating
@ Tokyo Tatemono 8804 TSE 1st Real Estate 12 Annual BB

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@ Sumitomo Realty&Development (Sales ¥ 736 B)
@ LEOPALACE21  (Sales ¥ 454 B)
@ TACT HOME (Sales ¥ 87 B)
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