IRA Corporate Monitor has been implemented as a customized web-enabled Service Oriented Architecture (SOA) solution serving the data management and analytics needs of major organizations.
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| Makita Corporation Ticker: MKTAY Exchange: QS Auditor: KPMG AZSA & Co. Links: IRA Corporate Soundness Report, SEC Filings Catalog
| Makita Corporation is engaged in the manufacture and sale of a range of power tools for professional users worldwide. |
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Obligor Rating Factors supports credit issuance and Basel II risk analysis | Stratification of subject to support credit facility category assignment.
Sales Gross Profit Margin, % Assets Return on Assets, % Total Debt Current Liabilities Total Debt to Total Assets Equity
IRA Asset Quality Score IRA Current Adequacy Score IRA Firesale Test Score
ExAnte Financing Analysis
Manifest External Ante Financing Need * computed Maximum Capital Markets Benchmark * estimated equity raising margin while preserving worst case residual claim value Corresponding Debt Path Benchmark * amount needing to seek or buffered from risk bearing financing
Borrowing Analysis
Available Collateral Preferred Risk Facility: High Asset Quality Collateral Mid-Range Risk Facility: Low Asset Quality Collateral Highest Risk Tolerance Facility: Remaining Unsecured Debt Need/Surplus * not adjusted for overcollateralization guarantee factors.
Private Placement Analysis
Total Uncollateralized Exposure ExAnte Need adjusted for Available Collateral
Reference Calc Z-Score
| 2010/03
$2,630,811,000 42.39% $3,743,996,000 6.36% $460,241,900 $454,419,900 0.1229 $3,180,726,000
0.065 5.437 6.427
$719,440,400
$17,260,890,000
$-16,541,450,000
$103,028,700 $6,727,039 $96,301,700 $-16,644,480,000
$616,411,700
7.888
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Business Case Viability
| OPERATIONAL FOCUS Regardless of the financials, it is critical to ask if the company is actually doing what it operationally purports to be doing? Or is it more of a financial vehicle? What is the dependency of the business model on non-operating sources of income. When all is said and done is the business model viable? That is, did it turn a Net Profit?
| BUSINESS MODEL WITH MODERATE USE OF NON-OP INCOME
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Closest Peers Based On Selected Financial Analysis Criteria Proximity Filter: Broad, within the same 2-digit SIC industry code.
| | Sales | Assets | Return on Assets | Asset Quality | Earnings Per Share | Lam Research Corporation
Logitech International S.A.
Kennametal Inc.
NetApp, Inc.
Super Micro Computer, Inc.
| Lam Research Corporation
Kennametal Inc.
Logitech International S.A.
NetApp, Inc.
SMART Technologies Inc.
| RBC Bearings, Inc.
NetApp, Inc.
George Risk Industries, Inc.
Super Micro Computer, Inc.
LaserCard Corporation
| MFRI
Seagate Technology PLC
Western Digital Corporation
SMART Technologies Inc.
AeroGrow International, Inc.
| Synaptics, Inc.
Ricoh, Ltd.
NetApp, Inc.
RBC Bearings, Inc.
Super Micro Computer, Inc.
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Indicators shown only if sufficient data elements exist in our data feeds to support automated engine computations. Contact IRA consulting for manually derived research.
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Copyright 2009 Institutional Risk Analytics, a unit of Lord, Whalen LLC (LW). All analytical measurements and information integration methods published by LW are proprietary intellectual property. The content may not be reproduced, disseminated, or distributed, in part or in whole, by any means, outside of the recipient's organization without express written authorization from LW. It is a violation of federal copyright law to reproduce all or part of this publication or its contents by any means. This material does not constitute a solicitation for the purchase or sale of any securities or investments. The opinions expressed herein are based on publicly available information and are considered reliable. However, LW makes NO WARRANTIES OR REPRESENTATIONS OF ANY SORT with respect to this report. Any person using this material does so solely at their own risk and LW and/or its employees shall be under no liability whatsoever in any respect thereof.
IRA Corporate Monitor can be powered by practically any vended data feed including blends of multiple vendor sources. Information on public company filings to the Securities and Exchange Commission (SEC) and bank Call Reports to the Federal Deposit Insurance Corporation (FDIC) are independently collected by Institutional Risk Analytics.
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