Free equity investment tool of Japanese companies

Credit Rating (Bankruptcy Risk): ND　Software　co.,　 (Annual ) Consolidated | Non-Consolidated

Financial Timeline

Financial Statement Risk Analysis: ND　Software　co.,　 (Annual ) (Consolidated )

[Date: 2013-03-31]  Danger : Warning : Caution : Good

Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -201 M) is a minus, Issuance of new shares (¥ 289 M) 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 decrease )
Net Income (¥ 1 B) 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 (10.95％) is first term Net Profit Margin (14.29％) less , there is a possibility that the profitability has deteriorated.

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -819 M) & Financial Cash Flow (¥ -201 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,

Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -150 M) is paid.

Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 10 B) is first term (¥ 8 B) more, however Operating Cash Flow (¥ 1 B) is first term (¥ 2 B) less , there is a possibility that the financing has deteriorated very much.

[Date: 2012-03-31]  Danger : Warning : Caution : Good

Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -133 M) is paid.

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

Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -757 M) is minus, so Cumulative loss , there is a possibility that the management situation is severe.

Management Risk (*Net Income & Sales is sharp decrease )
As compared with the first term of Sales (-) , Sales (¥ 4 B) is less than 80%, and As compared with the first term of Net Income (¥ 273 M) , Net Income (-) is less than 10%, , there is a possibility that the management situation has deteriorated very much.

Management Risk (*Sales is decrease )
Sales (-) is first term Sales (¥ 4 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (-) is first term Net Income (¥ 273 M) less , there is a possibility that the management situation has stagnated and deteriorated

Dividend Risk
Under the situation of Net Income (-) & Operating Cash Flow (¥ 1 B), Dividend (¥ -100 M) is paid.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 294 M) is Sales first term ratio (¥ -4 B) more , there is a possibility that the non-performing asset was increased.

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

Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -62 M) is a minus, Issuance of new shares (¥ 3 M) 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 Risk (*Issuance of new shares)
Investment Cash Flow (¥ 14 M) is a plus, Issuance of new shares (¥ 3 M) 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
Under the situation of Net Income (¥ 273 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -100 M) is paid.

[Date: 2009-03-31]  Danger : Warning : Caution : Good

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -544 M) & Financial Cash Flow (¥ -195 M) is a minus, Operating Cash Flow (¥ 494 M) is a plus,

Dividend
Under the situation of Net Income (¥ 149 M) & Operating Cash Flow (¥ 494 M) , Dividend (¥ -104 M) is paid.

Credit Rating (Bankruptcy Risk): ND　Software　co.,　 (Annual ) Consolidated | Non-Consolidated

Financial Timeline

Financial Statement Risk Analysis: ND　Software　co.,　 (Annual ) (Non-Consolidated )

Special note

Net sales has increased 5 consecutive terms. The performance is good.

Net Assets have increased 5consecutive terms. The fiscal base is getting better.

[Date: 2013-03-31]  Danger : Warning : Caution : Good

Management Risk (*Net Income is decrease )
Net Income (¥ 1 B) 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 (17.09％) is first term Net Profit Margin (19.37％) less , there is a possibility that the profitability has deteriorated.

Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (-) , Dividend (¥ -150 M) is paid.

[Date: 2012-03-31]  Danger : Warning : Caution : Good

Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (-) , Dividend (¥ -133 M) is paid.

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

Dividend
Under the situation of Net Income (¥ 478 M) & Operating Cash Flow (-) , Dividend (¥ -100 M) is paid.

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

Dividend
Under the situation of Net Income (¥ 227 M) & Operating Cash Flow (-) , Dividend (¥ -100 M) is paid.

[Date: 2009-03-31]  Danger : Warning : Caution : Good

Dividend
Under the situation of Net Income (¥ 175 M) & Operating Cash Flow (-) , Dividend (¥ -104 M) is paid.