Attachment 1
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Report
Update On |
16th October, 2002 |
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Report on |
AL TRADING CO LTD |
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Registered Office |
MST Building, 1F, 4-10-9 Tsurumaki Setagayaku, Tokyo 154-0016, Japan |
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Tel. No. |
03-5451-3670 |
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Fax No. |
03-5451-3665 |
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E-Mail |
-- |
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Telex |
-- |
Attachment 2
SUMMARY
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Incorporated |
Jan. 1990 |
Status |
Moderate |
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Registration No. |
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Chief Executive |
Mr. Toshio Sugano |
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Capital (Yen) |
10.0 millions |
Payments |
Regular |
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Sales (Yen) |
220.0 millions |
Litigation |
Clear |
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Net Worth (Yen) |
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Banking Reputation |
Unknown |
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No. of Employees |
5 |
Auditors |
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Credit Rating |
B (See attachment 3) |
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Regd Name |
KK A. L. Trading |
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Main Office |
MST Bldg 1F, 4-10-9 Tsurumaki Setagayaku
Tokyo 154-0016 JAPAN |
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Registered
at |
2-52-7
Nishikameari Katsushikaku Tokyo 124-0002 |
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Phone |
03-5451-3670 |
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Fax |
03-5451-3665 |
(Premises:
Leased)
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Activities |
Imports and wholesales ladies’ fashion garments and clothing accessories (--100%). Goods are imported from Europe. |
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Branch(es) |
Nil |
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Established |
Jan 1990 |
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Legal
Status |
Limited Company (Kabushiki Kaisha) |
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Capital
paid-up |
Yen 10 million |
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Officer(s) |
TOSHIO SUGANO, PRES |
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Major
shareholders |
Toshio Sugano (100%) |
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No.
of employees |
5 |
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Finances |
R/WEAK |
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Payment |
Regular |
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Trend |
SLOW |
COMMENTS
SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS BUT DOUBTFUL FOR: EUR 25,000.-
CREDIT LIMIT YEN 1.2 MILLION.
Nothing detrimental is known as to the commercial morality of T Sugano.
CORPORATE PROFILE
The subject firm was established by Toshio Sugano in order to make most of his experience in the subject line of business. Specializes in import and wholesale of women’s fashion clothing and its accessories, all from Europe. The subject firm does not release its financial statements and the following partial estimated have been provided from outside sources.
FINANCIAL INFORMATION
The sales volume for the Jul/2001 amounted to Yen 230 million, a 5% up from Yen 220 million in the previous term. The net profit remained unchanged at Yen 3 million. The net worth as of Jul/2001 is estimated at Yen 25 million.
For the term ending Jul 2002 the net profit is estimated declined to a minimum amount, on a 4% fall in turnover, to Yen 220 million. Consumer spending remains still slow to recover.
Outside sources regard the financial status RATHER WEAK but should be good for MODERATE business engagements. The proposed amount, however, is considered TOO HIGH from the recent financial status. The credit limit is estimated at Yen 1.2 million.
CLIENTS
v Nakayama Shoten
v Sun Motoyama
v Shimaya
v Aoi
other specialty stores
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Domestic
area of activities |
Centered in greater-Tokyo. |
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Suppliers |
Exports from Italy, France, other EU countries. |
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Bank
References |
SMBC (Sakurashinmachi Branch) |
FINANCES
(In Million Yen)
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Terms Ending |
31/07/2002 |
31/07/2001 |
31/07/2000 |
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Annual Sales |
220 |
230 |
220 |
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Recur Profit |
-- |
-- |
-- |
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Net Profit |
0 |
3 |
3 |
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Total Assets |
N/A |
N/A |
N/A |
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Net Worth |
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25 |
22 |
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Capital Paid-Up |
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10 |
10 |
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Div.P.Share (Yen) |
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0.00 |
0.00 |
<Analytical Data> (%)
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S. Growth Rate |
-4.35 |
4.55 |
10.00 |
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N.Profit/Sales |
0.00 |
1.30 |
1.36 |
Notes : Financial statements not disclosed and above estimated have been provided from outside sources. Forecast (or estimated) figures for 31/07/2002.
Attachment 3
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SCORE SHEET |
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SCORE |
CREDIT RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an
extremely sound financial base with the strongest capability for timely
payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working
capital. No caution needed for credit transaction. It has above average
(strong) capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial &
operational base are regarded healthy. General unfavourable factors will not
cause fatal effect. Satisfactory capability for payment of interest and
principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. Maybe drawn to slightly
difficult position as unfavourable conditions arise. Minimal assurance for
timely payment on interest and principal sums |
Moderate |
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26-40 |
B |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively limited or considered
not known. Capability to pay both interest and principal sums is doubtful |
Small |
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11-25 |
Ca |
Adverse factors are apparent.
Repayment of interest and principal sums in default or expected to be in
default upon maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk
exists. Caution needed to be exercised |
Credit not recommended |
Attachment 4
ACKNOWLEDGEMENT
Dear Sir/Madam,
As part of our control
system, please fax/email us this note
upon receipt of this report. If we do not receive the acknowledgement within 24
hours, we will assume that our report meets your requirement. If you have any suggestion
to help us improve our reports and services, please do not hesitate to let us
know.
Thank you.
______________________________________________________________________________
To : MIRA INFORM PRIVATE
LIMITED
From :
To :
Feedback – Please tick
the appropriate box.
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