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Credit Rating Analysis: NIPPON TOCHI-TATEMONO Co,. (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): NIPPON TOCHI-TATEMONO Co,. (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-10-31  B  Credit is not enough, easily undermined by biz environs. ¥ 83 B
41.20%
¥ 9 B
62.52%
¥ -30 B
-1,561.02%

Financial Timeline

Date  - 
(First quarter )
 - 
(Third quarter )
 2011-04-30 
(Second quarter )
 2012-10-31 
(Annual )
Credit Rating --BBB
Total Assets
¥ 463 B
¥ 504 B
Net Assets
¥ 81 B
¥ 65 B

Financial Statement Risk Analysis: NIPPON TOCHI-TATEMONO Co,. (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
[Date: 2012-10-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -30 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Net Income is decrease )
Net Income (¥ -30 B) is first term Net Income (¥ 2 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-36.59%) is first term Net Profit Margin (3.54%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -9 B) & Financial Cash Flow (¥ -18 B) is a minus, Operating Cash Flow (¥ 35 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -30 B) & Operating Cash Flow (¥ 35 B), Dividend (¥ -378 M) is paid.
[Date: 2011-10-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 58 B) is first term Sales (¥ 72 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 40 B) is first term Gross Income (¥ 52 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -17 B) & Financial Cash Flow (¥ -60 M) is a minus, Operating Cash Flow (¥ 10 B) is a plus,
Dividend
Under the situation of Net Income (¥ 2 B) & Operating Cash Flow (¥ 10 B) , Dividend (¥ -630 M) is paid.
Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -13 B) & Operating Cash Flow first term ratio (¥ -18 B) is a minus, Interest-bearing Debt (¥ 413 B) is first term Interest-bearing Debt (¥ 412 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 (¥ 11 B) is Sales first term ratio (¥ -13 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-10-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -12 B) & Financial Cash Flow (¥ -17 B) is a minus, Operating Cash Flow (¥ 28 B) is a plus,
Dividend
Under the situation of Net Income (¥ 591 M) & Operating Cash Flow (¥ 28 B) , Dividend (¥ -630 M) is paid.
[Date: 2009-10-31]  Danger : Warning : Caution : Good
Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -3 B) is a minus, Issuance of new shares (¥ 15 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.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -2 B) is minus or 0, so , there is a possibility that the management situation is severe.
Financing Risk (*Issuance of new shares)
Investment Cash Flow (¥ 346 M) is a plus, Issuance of new shares (¥ 15 B) is plus. Because it is thought that the circulating fund is gained by sale and new issue of stocks of stock property , there is a possibility that the financing is severe.
Dividend Risk
Under the situation of Net Income (¥ -2 B) & Operating Cash Flow (¥ 3 B), Dividend (¥ -450 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets (¥ 100 B) is Net Income (¥ -2 B) is a minus, Sales (¥ 63 B) more , there is a possibility of holding the non-performing asset.

Ticker Market Industry Month report Rating
@ NIPPON TOCHI-TATEMONO Co,. Real Estate 10 Annual B

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@ L'attrait (Sales ¥ 3 B)
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@ WILL, (Sales ¥ 3 B)
@ INTELLEX  (Sales ¥ 25 B)
@ Tokyo Tatemono Real Estate Sales (Sales ¥ 23 B)
@ SHIN-NIHON TATEMONO (Sales ¥ 9 B)
@ The Gloval (Sales ¥ 24 B)
@ CENTRAL GENERAL DEVELOPMENT (Sales ¥ 15 B)
@ ES-CON JAPAN (Sales ¥ 10 B)
@ NIPPON TOCHI-TATEMONO Co,. (Sales ¥ 83 B)
@ フジ住宅 (Sales ¥ 66 B)
@ Meiwa Estate (Sales ¥ 36 B)
@ A.D.Works (Sales ¥ 9 B)
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