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Credit Rating Analysis: AIGAN (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): AIGAN (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  BB  Credit is a little enough, but be insufficient potential by biz environs. ¥ 16 B
-9.84%
¥ -1 B
-246.86%
¥ -3 B
-258.55%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBBBBBB
Total Assets
¥ 20 B
¥ 18 B
¥ 19 B
¥ 18 B
Net Assets
¥ 17 B
¥ 16 B
¥ 15 B
¥ 15 B

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

Special note
Current Profit is minus 5 consecutive terms. The business have very high risk.
The change of Operating cash flow is going too far. The management situation is unstable.
Net Assets have dropped 5 consecutive terms. The fiscal base is getting worse.
Cash(¥ 5 B) is more than the total liabilities(¥ 2 B). It is a very steady fiscal base!
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -3 B) & Operating Cash Flow (¥ -2 B) 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 (¥ -1 B) & Operating Cash Flow (¥ -2 B) is a minus, Interest-bearing Debt (¥ 470 M) is first term Interest-bearing Debt (-) more , there is a possibility that the financing is very severe.
Management Risk (*Sales is decrease )
Sales (¥ 16 B) is first term Sales (¥ 17 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -3 B) 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 (-23.09%) is first term Net Profit Margin (-5.81%) less , there is a possibility that the profitability has deteriorated.
Financing Risk (*Operating Cash Flow is minus or 0 &Sales & Net Income is decrease )
Sales (¥ 16 B) is first term Sales (¥ 17 B) less Net Income (¥ -3 B) is first term Net Income (¥ -1 B) less, however Operating Cash Flow (¥ -2 B) is compensated for Investment Cash Flow (¥ 363 M) etc. , there is a possibility that the financing is severe.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -2 B) is a minus, Financial Cash Flow (¥ 347 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Dividend Risk
Under the situation of Net Income (¥ -3 B) & Operating Cash Flow (¥ -2 B), Dividend (¥ -39 M) is paid.
Financing Risk (*Sale of stock property)
Operating Cash Flow (¥ -2 B) is minus, Investment Cash Flow (¥ 363 M) is plus. Because the main occupation was dull, stock property may have been sold off.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 182 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -1 B) & Operating Cash Flow (¥ -15 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Management Risk (*Sales is decrease )
Sales (¥ 17 B) is first term Sales (¥ 19 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 5 B) is first term Gross Income (¥ 6 B) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ -15 M), Dividend (¥ -39 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 64 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -15 M) and Investment Cash Flow (¥ -373 M) is minus, so , there is a possibility of the overinvestment.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -1 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 19 B) is first term Sales (¥ 20 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 (¥ -470 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-6.94%) is first term Net Profit Margin (-2.25%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -358 M) & Financial Cash Flow (¥ -145 M) is a minus, Operating Cash Flow (¥ 61 M) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ 61 M), Dividend (¥ -39 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -411 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -1 B) is a minus, the cashflow of Operating Cash Flow (¥ 61 M) is smaller than Investment Cash Flow (¥ -358 M) , there is a possibility of the overinvestment.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -470 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Net Income is decrease )
Net Income (¥ -470 M) is first term Net Income (-) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -67 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (-) is minus or 0, so , there is a possibility that the management situation is severe.

Related Information: AIGAN (Annual )

Statement Type
Annual : AIGAN
First quarter : AIGAN
Second quarter : AIGAN
Third quarter : AIGAN
Analysis Menu
@Outline : AIGAN
@Statement : AIGAN
@Rating : AIGAN
@Indicator : AIGAN
@Download : AIGAN
Industry Comparison Ranking
Retail Trade - EDIUNET Industry Rankings
Retail Trade - EDIUNET Credit Rating
Retail Trade - EDIUNET Industry Avg
Comparison with a neighboring company
Osaka - EDIUNET Prefectures
Osaka大阪市 - EDIUNET Prefectures

Related company's newest statement

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1/28 CAWACHI A 2013-12-15 (Q3)
1/28 ハチバン A 2013-12-20 (Q3)
1/15 SALA AA→A 2013-11-30
1/15 CAN DO BB→BBB 2013-11-30
1/15 BIC CAMERA CCC→BBB 2013-11-30 (Q1)
1/15 Shimachu AA 2013-11-30 (Q1)
1/15 COSMOS Pharmaceutical AAA→AA 2013-11-30 (Q2)
1/15 AEON BBB 2013-11-30 (Q3)
1/15 LIFE -→AAA 2013-11-30 (Q3)
1/15 The Maruetsu BBB→A 2013-11-30 (Q3)

Ticker Market Industry Month report Rating
@ AIGAN 9854 TSE 1st Retail Trade 3 Annual BB

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