Free equity investment tool of Japanese companies

Credit Rating (Bankruptcy Risk): Freund (First quarter ) Consolidated

Financial Timeline

Financial Statement Risk Analysis: Freund (First quarter ) (Consolidated )

Special note

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

[Date: 2013-05-31]  Danger : Warning : Caution : Good

Management Risk (*Sales is decrease )
Sales (¥ 4 B) 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 (¥ 309 M) is first term Net Income (¥ 332 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (6.64％) is first term Net Profit Margin (7.03％) less , there is a possibility that the profitability has deteriorated.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 61 M) is Sales first term ratio (¥ -72 M) more , there is a possibility that the non-performing asset was increased.

[Date: 2012-05-31]

*Financial Statement Risk was not found.

[Date: 2011-05-31]  Danger : Warning : Caution : Good

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -39 M) & Financial Cash Flow (¥ -113 M) is a minus, Operating Cash Flow (¥ 471 M) is a plus,

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 1 B) is Sales first term ratio (¥ 732 M) more , there is a possibility that the non-performing asset was increased.

[Date: 2010-05-31]  Danger : Warning : Caution : Good

Management Risk (*Net Income & Sales is sharp decrease )
As compared with the first term of Sales (¥ 2 B) , Sales (¥ 3 B) is less than 80%, and As compared with the first term of Net Income (¥ 208 M) , Net Income (¥ -17 M) is less than 10%, , there is a possibility that the management situation has deteriorated very much.

Management Risk (*Sales is decrease )
Sales (¥ 2 B) is first term Sales (¥ 3 B) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Income is decrease )
Net Income (¥ -17 M) is first term Net Income (¥ 208 M) less , there is a possibility that the management situation has stagnated and deteriorated

Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-0.70％) is first term Net Profit Margin (5.95％) less , there is a possibility that the profitability has deteriorated.

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -121 M) & Financial Cash Flow (¥ -114 M) is a minus, Operating Cash Flow (¥ 69 M) is a plus,

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -289 M) is Sales first term ratio (¥ -974 M) more , there is a possibility that the non-performing asset was increased.

Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets (¥ 5 B) is Net Income (¥ -17 M) is a minus, Sales (¥ 2 B) more , there is a possibility of holding the non-performing asset.

Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -17 M) is a minus, the cashflow of Operating Cash Flow (¥ 69 M) is smaller than Investment Cash Flow (¥ -121 M) , there is a possibility of the overinvestment.

[Date: 2009-05-31]  Danger : Warning : Caution : Good

Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -50 M) & Financial Cash Flow (¥ -126 M) is a minus, Operating Cash Flow (¥ 33 M) is a plus,