Katakura Industries (Annual ): Credit Rating Analysis

Credit Rating Analysis: Katakura Industries (Annual )

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

Date	Credit Rating	Comment
2012-12-31	BBB	Credit is enough, but be decreased potential by biz environs.

Date	2012-12-31 (Annual )	2013-03-31 (First quarter )	2013-06-30 (Second quarter )	2013-09-30 (Third quarter )
Credit Rating	BBB	BBB	A	BB
Total Assets	¥ 116 B	¥ 122 B	¥ 123 B	¥ 126 B
Net Assets	¥ 66 B	¥ 70 B	¥ 72 B	¥ 74 B

Special note: Net sales has dropped 4 consecutive terms. The business have high risk.; Net Assets have increased 4consecutive terms. The fiscal base is getting better.

[Date: 2012-12-31] Danger : Warning : Caution : Good: Management Risk (*Sales is decrease )
Sales (¥ 47 B) is first term Sales (¥ 47 B) less , there is a possibility that the management situation has stagnated and deteriorated; Management Risk (*Net Income is decrease )
Net Income (¥ 701 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 (1.48％) is first term Net Profit Margin (3.71％) less , there is a possibility that the profitability has deteriorated.; Dividend
Under the situation of Net Income (¥ 701 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -351 M) is paid.

[Date: 2011-12-31] Danger : Warning : Caution : Good: Management Risk (*Sales is decrease )
Sales (¥ 47 B) is first term Sales (¥ 49 B) less , there is a possibility that the management situation has stagnated and deteriorated; Management Risk (*Net Income is decrease )
Net Income (¥ 1 B) is first term Net Income (¥ 3 B) less , there is a possibility that the management situation has stagnated and deteriorated; Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (3.71％) is first term Net Profit Margin (8.04％) less , there is a possibility that the profitability has deteriorated.; Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 589 M) , Dividend (¥ -351 M) is paid.; Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -1 B) & Operating Cash Flow first term ratio (¥ -1 B) is a minus, Interest-bearing Debt (¥ 10 B) is first term Interest-bearing Debt (¥ 9 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 (¥ -497 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.

[Date: 2010-12-31] Danger : Warning : Caution : Good: Management Risk (*Sales is decrease )
Sales (¥ 49 B) is first term Sales (¥ 51 B) less , there is a possibility that the management situation has stagnated and deteriorated; Management Risk (*Gross Income is decrease )
Gross Income (¥ 30 B) is first term Gross Income (¥ 33 B) less , there is a possibility that the management situation has stagnated and deteriorated; Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -10 B) & Financial Cash Flow (¥ -818 M) is a minus, Operating Cash Flow (¥ 2 B) is a plus,; Dividend
Under the situation of Net Income (¥ 3 B) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -351 M) is paid.

[Date: 2009-12-31] Danger : Warning : Caution : Good: Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -1 B) is a minus, Issuance of new shares (¥ 17 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 minus or 0 )
Net Income (¥ -781 M) 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 (¥ -7 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 3 B) is a plus,; Dividend Risk
Under the situation of Net Income (¥ -781 M) & Operating Cash Flow (¥ 3 B), Dividend (¥ -351 M) is paid.; Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -781 M) is a minus, the cashflow of Operating Cash Flow (¥ 3 B) is smaller than Investment Cash Flow (¥ -7 B) , there is a possibility of the overinvestment.

Date	Credit Rating	Comment
2012-12-31	BB	Credit is a little enough, but be insufficient potential by biz environs.

Date	- (First quarter )	- (Second quarter )	- (Third quarter )	2012-12-31 (Annual )
Credit Rating	-	-	-	BB
Total Assets	-	-	-	¥ 48 B
Net Assets	-	-	-	¥ 17 B

Statement Type: Annual : Katakura Industries; First quarter : Katakura Industries; Second quarter : Katakura Industries; Third quarter : Katakura Industries

Analysis Menu: Outline : Katakura Industries; Statement : Katakura Industries; Rating : Katakura Industries; Indicator : Katakura Industries; Download : Katakura Industries

Industry Comparison Ranking: Textiles & Apparels - EDIUNET Industry Rankings; Textiles & Apparels - EDIUNET Credit Rating; Textiles & Apparels - EDIUNET Industry Avg

Comparison with a neighboring company: Tokyo - EDIUNET Prefectures; Tokyo中央区 - EDIUNET Prefectures

Date	Company	Credit Rating	Date
1/15	THE JAPAN WOOL TEXTILE	AA	2013-11-30
1/15	YAMATO INTERNATIONAL	A→BBB	2013-11-30 (Q1)
1/15	KURAUDIA	AA→A	2013-11-30 (Q1)
1/15	ラピーヌ	BBB→BB	2013-11-30 (Q3)
12/17	太陽毛絲紡績	B→BB	2013-09-30
12/12	ナイガイ	CC→C	2013-10-31 (Q3)
12/6	NITTO SEIMO	BBB	2013-10-31 (Q2)
11/15	Princi-baru	C	2013-09-30 (Q2)
11/14	エコナックホールディン..	BBB→CCC	2013-09-30 (Q2)
11/14	GRO-BELS	-→CCC	2013-09-30 (Q2)

EDIUNET Investment News (Textiles & Apparels): 1/15 Textiles & Apparels (THE JAP..; 12/17 Textiles & Apparels (太陽毛..; 12/12 Textiles & Apparels (ナイガ..; 12/6 Textiles & Apparels (NITTO S..; 11/15 Textiles & Apparels (Princi-..; 11/14 Textiles & Apparels (エコナ..; 11/13 Textiles & Apparels (GOLDWIN..; 11/12 Textiles & Apparels (THE NIH..; 11/11 Textiles & Apparels (Japan V..; 11/8 Textiles & Apparels (ユニチ..

Ticker	Market	Industry	Month	report	Rating
Katakura Industries	3001	TSE 1st	Textiles & Apparels	12	Annual	BBB

*Financial data might be different from the actual one. Please confirm the original, and read Caution.

*This site has obtained the information from the FSA's EDINET, Tokyo Stock Exchange's TDnet and Pay statistical data services, Fukuoka stock Exchange's Stock market capitalization, Center for Spatial Information Science's CSV Geocoding Service. The copyright of the information belongs to each corporation etc. .