Free equity investment tool of Japanese companies

Credit Rating (Bankruptcy Risk): Nippon Kagaku Yakin (Annual ) Non-Consolidated

Financial Timeline

Financial Statement Risk Analysis: Nippon Kagaku Yakin (Annual ) (Non-Consolidated )

Special note

Net sales has dropped 3 consecutive terms. The business have high risk.

Net income is minus 3 consecutive terms. The business have very high risk.

Operating cash flow minus 3 consecutive terms. The business have very high risk.

Net Assets have dropped 3 consecutive terms. The fiscal base is getting worse.

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

Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -93 M) is minus, so Cumulative loss , there is a possibility that the management situation is severe.

Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -164 M) & Operating Cash Flow (¥ -63 M) is minus or 0, so , there is a possibility that the management situation is very severe.

Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -542 M) & Operating Cash Flow (¥ -63 M) is a minus, Interest-bearing Debt (¥ 584 M) is first term Interest-bearing Debt (¥ 500 M) more , there is a possibility that the financing is very severe.

Management Risk (*Sales is decrease )
Sales (¥ 1 B) is first term Sales (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (¥ -164 M) is first term Net Income (¥ -92 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-11.52％) is first term Net Profit Margin (-4.68％) less , there is a possibility that the profitability has deteriorated.

Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -63 M) is a minus, Financial Cash Flow (¥ 83 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -42 M) is Sales first term ratio (¥ -542 M) more , there is a possibility that the non-performing asset was increased.

Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -63 M) and Investment Cash Flow (¥ -91 M) is minus, so , there is a possibility of the overinvestment.

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

Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -92 M) & Operating Cash Flow (¥ -12 M) is minus or 0, so , there is a possibility that the management situation is very severe.

Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -20 M) & Operating Cash Flow (¥ -12 M) is a minus, Interest-bearing Debt (¥ 500 M) is first term Interest-bearing Debt (¥ 279 M) more , there is a possibility that the financing is very severe.

Management Risk (*Sales is decrease )
Sales (¥ 1 B) is first term Sales (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Gross Income is decrease )
Gross Income (¥ 1 B) is first term Gross Income (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated

Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -12 M) is a minus, Financial Cash Flow (¥ 221 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.

Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -12 M) and Investment Cash Flow (¥ -33 M) is minus, so , there is a possibility of the overinvestment.

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

Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -564 M) & Operating Cash Flow (¥ -31 M) is minus or 0, so , there is a possibility that the management situation is very severe.

Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -31 M) and Investment Cash Flow (¥ -16 M) is minus, so , there is a possibility of the overinvestment.