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Credit Rating Analysis: JAPAN MATERIAL (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): JAPAN MATERIAL (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. ¥ 8 B
-11.85%
¥ 1 B
-13.12%
¥ 714 M
0.99%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating AABBAAAAA
Total Assets
¥ 8 B
¥ 9 B
¥ 9 B
¥ 9 B
Net Assets
¥ 6 B
¥ 7 B
¥ 7 B
¥ 7 B

Financial Statement Risk Analysis: JAPAN MATERIAL (Annual ) (Consolidated )

[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 8 B) is first term Sales (¥ 9 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 6 B) is first term Gross Income (¥ 7 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -630 M) & Financial Cash Flow (¥ -530 M) is a minus, Operating Cash Flow (¥ 661 M) is a plus,
Dividend
Under the situation of Net Income (¥ 714 M) & Operating Cash Flow (¥ 661 M) , Dividend (¥ -232 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 501 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
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -171 M) and Investment Cash Flow (¥ -587 M) is minus, Net Income (¥ 707 M) is plus. Because it is unnatural that profits have come out in this situation, the possibility of holding the non-performing asset is very high.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -171 M) is a minus, Financial Cash Flow (¥ 412 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 (¥ 707 M) & Operating Cash Flow (¥ -171 M), Dividend (¥ -209 M) is paid.
Non-performing asset Risk
Operating Cash Flow (¥ -171 M) is a minus, Other Current Assets (¥ 4 B) - more than 50% of Total Assets (¥ 8 B) is occupied , there is a possibility of holding the non-performing asset.

Ticker Market Industry Month report Rating
@ JAPAN MATERIAL 6055 TSE 1st Other Services 3 Annual BB

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*Financial data might be different from the actual one. Please confirm the original, and read Caution.

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