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Credit Rating Analysis: Superbag (Annual )

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

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 34 B
2.80%
¥ 46 M
-67.37%
¥ 95 M
352.38%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBBBCCC
Total Assets
¥ 19 B
¥ 17 B
¥ 18 B
¥ 18 B
Net Assets
¥ 3 B
¥ 3 B
¥ 3 B
¥ 3 B

Financial Statement Risk Analysis: Superbag (Annual ) (Consolidated )

[Date: 2013-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -247 M) & Financial Cash Flow (¥ -306 M) is a minus, Operating Cash Flow (¥ 731 M) is a plus,
Dividend
Under the situation of Net Income (¥ 95 M) & Operating Cash Flow (¥ 731 M) , Dividend (¥ -91 M) is paid.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is decrease )
Net Income (¥ 21 M) is first term Net Income (¥ 247 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.06%) is first term Net Profit Margin (0.74%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -405 M) & Financial Cash Flow (¥ -127 M) is a minus, Operating Cash Flow (¥ 65 M) is a plus,
Dividend
Under the situation of Net Income (¥ 21 M) & Operating Cash Flow (¥ 65 M) , Dividend (¥ -92 M) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 33 B) is first term (¥ 33 B) more, however Operating Cash Flow (¥ 65 M) is first term (¥ 206 M) less , 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 (¥ 815 M) is Sales first term ratio (¥ 251 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 33 B) is first term Sales (¥ 34 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 247 M) is first term Net Income (¥ 344 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.74%) is first term Net Profit Margin (1.00%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -333 M) & Financial Cash Flow (¥ -414 M) is a minus, Operating Cash Flow (¥ 206 M) is a plus,
Dividend
Under the situation of Net Income (¥ 247 M) & Operating Cash Flow (¥ 206 M) , Dividend (¥ -92 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 394 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Stated Capital less
Stated Capital (¥ 1 B) is first term Stated Capital (¥ 1 B) less , there is a possibility that the management situation is very severe.
Management Risk (*Sales is decrease )
Sales (¥ 34 B) is first term Sales (¥ 39 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 28 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 (¥ -381 M) & Financial Cash Flow (¥ -278 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend
Under the situation of Net Income (¥ 344 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -92 M) 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: 2009-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -303 M) & Financial Cash Flow (¥ -342 M) is a minus, Operating Cash Flow (¥ 948 M) is a plus,
Dividend
Under the situation of Net Income (¥ 236 M) & Operating Cash Flow (¥ 948 M) , Dividend (¥ -93 M) is paid.

Related Information: Superbag (Annual )

Statement Type
Annual : Superbag
First quarter : Superbag
Second quarter : Superbag
Third quarter : Superbag
Analysis Menu
@Outline : Superbag
@Statement : Superbag
@Rating : Superbag
@Indicator : Superbag
@Download : Superbag
Industry Comparison Ranking
Pulp & Paper - EDIUNET Industry Rankings
Pulp & Paper - EDIUNET Credit Rating
Pulp & Paper - EDIUNET Industry Avg
Comparison with a neighboring company
Tokyo - EDIUNET Prefectures
Tokyo豊島区 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/15 LIHIT LAB. A 2013-11-30 (Q3)
1/9 Okayama Paper Industries A→BBB 2013-11-30 (Q2)
12/6 IMURA ENVELOPE BB→BBB 2013-10-31 (Q3)
11/14 古林紙工 BB→A 2013-09-30 (Q2)
11/13 HOKUETSU KISHU PAPER BB→BBB 2013-09-30 (Q2)
11/12 Chuetsu Pulp & Paper BB→BBB 2013-09-30 (Q2)
11/12 Tokushu Tokai Holdings BBB→A 2013-09-30 (Q2)
11/12 OHMURA SHIGYO AAA→AA 2013-09-30 (Q2)
11/11 Daio Paper B→BBB 2013-09-30 (Q2)
11/11 昭和パックス BBB→A 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ Superbag 3945 TSE 2st Pulp & Paper 3 Annual BBB

Related Company

@ HAVIX (Sales ¥ 8 B)
@ 昭和パックス (Sales ¥ 18 B)
@ CHUOH PACK INDUSTRY (Sales ¥ 12 B)
@ ニッポン高度紙工業 (Sales ¥ 12 B)
@ IMURA ENVELOPE (Sales ¥ 21 B)
@ ニッポン高度紙工業 (Sales ¥ 10 B)
@ Superbag (Sales ¥ 34 B)
@ LIHIT LAB. (Sales ¥ 8 B)
@ Tokushu Tokai Holdings (Sales ¥ 77 B)
@ Dynapac (Sales ¥ 45 B)
@ MITSUBISHI PAPER MILLS (Sales ¥ 200 B)
@ NAKABAYASHI (Sales ¥ 48 B)
@ 巴川製紙所 (Sales ¥ 34 B)
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