MIRA INFORM REPORT

 

 

Report Date :

10th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

HAYASHI COMPANY LIMITED.

 

 

Registered Office :

4-31-3-807 Nishishinjuku Shinjukuku Tokyo 160-0023 JAPAN

 

 

Country :

Japan

 

 

Date of Incorporation :

December 1987

 

 

Com. Reg. No.:

0111-02-017665

 

 

Legal Form :

Private Company (Yugen Kaisha)

 

 

Line of Business :

Music, recording & commercial-related activities, including sale, agency of copyrights, licensees of video recording, video films, other related items

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Small Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


Company Name

 

HAYASHI CO LTD

 

 

REGD NAME

 

YK Hayashi

 

 

MAIN OFFICE

 

4-31-3-807 Nishishinjuku Shinjukuku Tokyo 160-0023 JAPAN

Tel        : 03-3379-4771    

Fax       :

URL      : N/A

 

 

ACTIVITIES       

 

Business objectives:

Ř       Design, production of music, books, audio recording, commercials

Ř       Sale, agency of copyrights, publishing rights and copying rights of videos, recording

Ř       Sale of, recorded tapes, recorded films

Ř       Other activities pertaining to music and the foregoing items

 

 

BRANCHES

 

Nil

 

 

OFFICERS

 

CHIHIRO HAYASHI, PRES

 

 

Yen Amount

 

In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        UNDETD                       A/SALES          Yen 50 M*

PAYMENTS      REGULAR                     CAPITAL           Yen 3 M

TREND             UNDETD                       WORTH            Yen 10 M

STARTED         1987                             EMPLOYES      1

*.. Only estimated

 

 

COMMENT           

 

TRADING HOUSE SPECIALIZING IN MUSIC-RELATED BUSINESS. FINANCIAL SITUATION UNDETERMINED DUE TO LACK OF FINANCIALS INFORMATION BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.

 

MAX CREDIT LIMIT: UNABLE TO BE ASSESSED IN THE ABSENCE OF FINANCIAL & MANAGERIAL INFORMATION.  WE RECOMMEND ANY CREDITS TO BE ON SECURED TERMS ON NEW TRANSACTIONS.

 

 

HIGHLIGHTS

 

The subject company was established by Chihiro Hayashi in order to make most of her experience.  Originally established at her home address in Kawasaki City and moved the Head Office to the caption address in Jan 2003.  The firm does not disclose any of its managerial and financials information; hence the information contained here is cited fully from the Corporate Registration Certificate.No further information on any of the databases or website.  We have since last week left message on the company’s phone number but at this moment no calls have    come back so far.

 

 

FINANCIAL INFORMATION

 

Financials are not made available. We estimate the annual turnover at around Yen 50 million, but not confirmed by the firm.

 

The financial situation is not determined due to the lack of financial information but should be good for MODERATE business engagements.  Max credit limit is unable to be assessed due to the same reason.  We strongly recommend fully secured terms for any credits on new transactions.

 

 

REGISTRATION

 

Date Registered : Dec 1987

Registered No                : 0111-02-017665

Legal Status                  : Private Company (Yugen Kaisha)

Regd Capital                  : Yen 3 million

Major shareholders (%)   : Chihiro Hayashi (100)

 

Nothing detrimental is known as to her commercial morality of executives.

 

 

OPERATION

 

Activities: Music, recording & commercial-related activities, including sale, agency of copyrights, licensees of video recording, video films, other related items (--100%).  (All cited           from the Registration Certificate.)

 

 

Clients

 

Unavailable

 

 

No. of accounts

 

Unavailable

 

 

Domestic areas of activities

 

Centered in greater-Tokyo

 

 

Suppliers

 

[Mfrs, wholesalers] Imports from Europe, S/E Asia, other.

 

 

Payment record

 

Regular

 

 

Location

 

Business area in Tokyo.  Office premises at the caption address are leased and maintained satisfactorily.

 

 

Bank References

 

Local Bank (Undisclosed)

Relations: Money deposits & transfer only

 

 

FINANCES

 

 (In Million Yen)

NOT MADE AVAILABLE


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions