マルイチ産商 (Annual ): Credit Rating Analysis

Credit Rating Analysis: マルイチ産商 (Annual )

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

Date	Credit Rating	Comment
2013-03-31	A	Credit is high, but affected by biz environs.

Date	2012-12-31 (Third quarter )	2013-03-31 (Annual )	2013-06-30 (First quarter )	2013-09-30 (Second quarter )
Credit Rating	A	A	BBB	CCC
Total Assets	¥ 49 B	¥ 41 B	¥ 43 B	¥ 37 B
Net Assets	¥ 17 B	¥ 17 B	¥ 17 B	¥ 17 B

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

[Date: 2013-03-31] Danger : Warning : Caution : Good: Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -145 M) & Financial Cash Flow (¥ -504 M) is a minus, Operating Cash Flow (¥ 288 M) is a plus,; Dividend
Under the situation of Net Income (¥ 608 M) & Operating Cash Flow (¥ 288 M) , Dividend (¥ -138 M) is paid.; Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 159 B) is first term (¥ 153 B) more, however Operating Cash Flow (¥ 288 M) is first term (¥ 4 B) less , there is a possibility that the financing has deteriorated very much.

[Date: 2012-03-31] Danger : Warning : Caution : Good: Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -136 M) & Financial Cash Flow (¥ -309 M) is a minus, Operating Cash Flow (¥ 4 B) is a plus,; Dividend
Under the situation of Net Income (¥ 558 M) & Operating Cash Flow (¥ 4 B) , Dividend (¥ -138 M) is paid.; Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 3 B) is Sales first term ratio (¥ 2 B) 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 (¥ 150 B) is first term Sales (¥ 151 B) less , there is a possibility that the management situation has stagnated and deteriorated; Management Risk (*Net Income is decrease )
Net Income (¥ 291 M) is first term Net Income (¥ 632 M) less , there is a possibility that the management situation has stagnated and deteriorated; Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (0.19％) is first term Net Profit Margin (0.42％) less , there is a possibility that the profitability has deteriorated.; Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -268 M) & Financial Cash Flow (¥ -874 M) is a minus, Operating Cash Flow (¥ 246 M) is a plus,; Dividend
Under the situation of Net Income (¥ 291 M) & Operating Cash Flow (¥ 246 M) , Dividend (¥ -184 M) is paid.; Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -365 M) & Operating Cash Flow first term ratio (¥ -1 B) is a minus, Interest-bearing Debt (¥ 1 B) is first term Interest-bearing Debt (¥ 1 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 (¥ 293 M) is Sales first term ratio (¥ -365 M) more , there is a possibility that the non-performing asset was increased.

[Date: 2010-03-31] Danger : Warning : Caution : Good: Management Risk (*Sales is decrease )
Sales (¥ 151 B) is first term Sales (¥ 157 B) less , there is a possibility that the management situation has stagnated and deteriorated; Management Risk (*Net Income is decrease )
Net Income (¥ 632 M) is first term Net Income (¥ 653 M) less , there is a possibility that the management situation has stagnated and deteriorated; Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -121 M) & Financial Cash Flow (¥ -379 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,; Dividend
Under the situation of Net Income (¥ 632 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -138 M) is paid.; Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -354 M) is Sales first term ratio (¥ -6 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 (¥ -26 M) & Financial Cash Flow (¥ -575 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,; Dividend
Under the situation of Net Income (¥ 653 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -46 M) is paid.

Date	Credit Rating	Comment
2013-03-31	CCC	Credit is fragile, and depended on biz environs.

Date	- (First quarter )	- (Second quarter )	- (Third quarter )	2013-03-31 (Annual )
Credit Rating	-	-	-	CCC
Total Assets	-	-	-	¥ 29 B
Net Assets	-	-	-	¥ 17 B

Statement Type: Annual : マルイチ産商; First quarter : マルイチ産商; Second quarter : マルイチ産商; Third quarter : マルイチ産商

Analysis Menu: Outline : マルイチ産商; Statement : マルイチ産商; Rating : マルイチ産商; Indicator : マルイチ産商; Download : マルイチ産商

Industry Comparison Ranking: Wholesale Trade - EDIUNET Industry Rankings; Wholesale Trade - EDIUNET Credit Rating; Wholesale Trade - EDIUNET Industry Avg

Comparison with a neighboring company: Nagano - EDIUNET Prefectures; Nagano長野市 - EDIUNET Prefectures

Date	Company	Credit Rating	Date
1/20	リーバイ・ストラウス　..	C	2013-11-30
1/20	TIEMCO	BB	2013-11-30
1/15	イワキ	BBB	2013-11-30
1/15	マルカキカイ	BBB	2013-11-30
1/15	ALTECH	BB	2013-11-30
1/15	Shinwa	BBB	2013-11-30 (Q1)
1/15	ONWARD HOLDINGS	A	2013-11-30 (Q3)
1/15	ガリバーインターナショ..	BBB	2013-11-30 (Q3)
1/15	Morito	A	2013-11-30
1/15	BIKE O	BB→BBB	2013-11-30

EDIUNET Investment News (Wholesale Trade): 1/20 Wholesale Trade (リーバイ・..; 1/15 Wholesale Trade (イワキ:BBB ..; 1/10 Wholesale Trade (エコーＴＤ:..; 1/9 Wholesale Trade (KITAKEI:BBB); 1/8 Wholesale Trade (F&A AQUA HO..; 1/7 Wholesale Trade (Wakita:A); 1/6 Wholesale Trade (ADVAN:AA); 12/27 Wholesale Trade (ADVANCE:CC ..; 12/26 Wholesale Trade (NAGAILEBEN:..; . Wholesale Trade (OOMITSU CO...

Ticker	Market	Industry	Month	report	Rating
マルイチ産商	8228	NSE 2st	Wholesale Trade	3	Annual	A

*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. .