MIRA INFORM REPORT
|
Report
Date : |
10th
November, 2006 |
IDENTIFICATION
DETAILS
|
Name : |
TOMEN CORPORATION MERGED WITH TOYOTA TSUSHO CORPORATION. |
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Registered
Office : |
3-8-1 Marunouchi Chiyodaku Tokyo
100-8320, Japan |
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Date
of Incorporation : |
1920 |
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Legal
Form : |
Limited Company |
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Line
of Business : |
General Trading
House. |
RATING & COMMENTS
|
MIRAs
Rating : |
Ba |
|
41-55 |
Ba |
Overall operation is considered
normal. Capable to meet normal commitments. |
Satisfactory |
|
Maximum
Credit Limit : |
Yen
7019.9 million |
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Status
: |
Good |
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Payment
Behaviour : |
Regular |
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Litigation
: |
Clear |
NAME
TOMEN
CORPORATION
REGD NAME
KK Tomen
MAIN OFFICE
(Osaka) 3-2-18 Nakanoshima Kitaku Osaka 530-8622
JAPAN
Tel :
06-6447-9333
Fax :
06-5447-9799
(Tokyo) 3-8-1 Marunouchi Chiyodaku Tokyo 100-8320 JAPAN
Tel :
03-5288-2111
Fax :
03-5288-9100
*.. The given code Tktgs Section cannot be
confirmed, perhaps spelling error?
URL :
http://www.tomen.co.jp/
E-Mail address : webadmin@tomen.com
ACTIVITIES
General Trading House
BRANCHES
Tokyo, Osaka, Nagoya, Sapporo, Fukuoka,
other (Tot 8)
(Overseas) USA (8), Canada (2), Europe (6),
Africa (4), Mid East (5), China (9), India (2), S/E Asia (13), Oceania (2),
other
OVERSEAS
SUBSIDIARIES
USA (5),
Europe (5), Canada (2), China (10), Indonesia (4), Korea (2), Thailand (2),
Singapore (3), other.
CHIEF
EXEC
MAHITO KAGEYAMA, PRES & CEO
Yen Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES GOOD A/SALES Yen
1,577,303 M
PAYMENTS REGULAR CAPITAL Yen 44,199 M
TREND STEADY WORTH Yen
41,350 M
STARTED 1920 EMPLOYES 4,641
COMMENT
GENERAL TRADING
HOUSE. FINANCIAL SITUATION RATHER WEAK
BUT CONSIDERED GOOD FOR CREDIT ENGAGEMENTS: US$500,000 / D/A 30 DAYS
MAX CREDIT LIMIT: YEN 7,019.9 MILLION,
NORMAL TERMS.
Forecast
(or estimated) figures for 31/03/2006 fiscal term
HIGHLIGHTS
This is a general trading house specializing in chemicals,
textiles and foodstuffs as its core earning sources. Established originally on the basis of a cotton division spun off
from Mitsui & Co, a leading general trading house, Tokyo. Due to financial difficulties, the firm
received financial aegis from the main banking group, UFJ Bank, on two
occasions, followed by additional financial injection from Toyota Tsusho group
(see REGISTRATION). Undergone a drastic
restructuring including capital decrease from Yen 66,185 million down to Yen
44,199 million already n Apr 2003.
Staff was cut to 4,641 from the previous 6,584. Reportedly, the firm will merge with Toyota
Tsusho Corp next Apr, with Toyota Tsusho the surviving entity. Total sales of the group are expected to
rise to Yen 4,900,000 million, surpassing Sojitz Holdings Corp. The subject firm is reportedly achieved its
goal of halving the debts and work force one year ahead of schedule. The merger ratio will be determined after
Tomen Corp settles the treatment of roughly Yen 72,000 million debts from UFJ
Bank and other lenders. The merger is
expected to generate synergy in a wide range of areas, as the two trading firms
businesses hardly overlap. Toyota
Tsusho mostly handles automobile & machinery, while Tomen is strong in
chemicals & electronics. Tomens
wide global networks will contribute to the sales expansion.
The
sales volume for Mar/2005 fiscal term amounted to Yen 1,577,303 million, a
1.67% down from Yen 1,604,084 million in the previous term. The recurring profit was posted at Yen
25,050 million, up 16% up from the previous Yen 21,585 million, and net profit
at Yen 9,627 million, 157% up from the previous Yen 3,753 million,
respectively. By divisions, Chemicals
Div remained almost similar. Although
the sales fueled by higher demand in China and S/E Asian and surging prices for
petrochemical products, it was offset by the conversion of a consolidated
subsidiary active in the life science business into an eq1uity-method affiliate
in the second half of fiscal 2005. Produce
& Foodstuffs Div rose Yen 13,500 million to Yen 230,600 million thanks to
robust imports from China. Textile Div
reorganized existing business and operations decreased by Yen 74,700 million to
Yen 185,200 million. Machinery &
Energy Div saw increased exports of automobiles to Australia and Mid East,
crude oil imports from Iran remained steady, and consequently sales rose Yen
1,900 million to Yen 2,600 million in the sector. Electronics Div sales rose Yen 46,900 million to Yen 279,400
million, thanks to performance of Tomen Electronics, a subsidiary trading firm,
acting as agent for Samsung Electronics, Korea.
For
the current term ending Mar 2006 the recurring profit is projected at Yen
27,000 million and net profit at Yen 10,000 million respectively, on a 7.8%
rise in turnover, to Yen 1,700,000 million.
Business tie-ups ahead of the merger with Toyota Tsusho will likely
contribute to boost the sales.
The
financial situation is considered RATHER WEAK but should be good for MODERATE
business engagements. Max credit limit
is estimated at Yen 7,019.9 million, on normal terms. The proposed amount is considered well within the firms
financial capabilities.
REGISTRATION
|
Date Registered |
Apr 1920 |
|
Legal Status |
Limited Company (Kabushiki Kaisha) |
|
Authorized |
2,000 shares |
|
Issued |
954,061,645 shares |
|
Sum |
Yen 44,199 million |
|
Major shareholders (%) |
Toyota Tsusho Corp*(20.13), Toyota Motor
(10.86), UFJ Bank (3.96), Aioi Ins (3.31), Mitsui Sumitomo Ins (2.52), Japan
Trustee Services Bank, T (2.48), Master Trust Bank of Japan, T (1.68), Tokio
Marine & Nichido Fire Ins (1.60), Banca Intesa Client Omnibus Acct (1.14),
Sanyo Chemical Ind (1.13) |
|
|
*.. Sole trading firm in Toyota group, founded
1948, listed Tokyo/Nagoya S/Es, capital Yen 26,748 million, turnover Yen
3,336,751 million, recurring profit Yen 61,080 million, net profit Yen 37,521
million, total assets Yen 1,198,394 million, net worth Yen 237,132 million,
employees 13,981, pres Junzo Shimizu.
|
|
No. of shareholders |
37,966 |
|
Listed on the S/Exchange (s) of |
Tokyo |
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Managements |
Shigeru Shimazaki, ch; Mahito Kageyama, pres;
Shunya Fukutomi, s/mgn dir; Yoshimasa Kondo, mgn dir; Masami Shimizu, dir;
Kuniaki Yamagiwa, dir; Tetsuo Kakehi, dir (external) |
|
|
Nothing detrimental is known as to the
commercial morality of executives. |
Related companies
Tomen USA,
Tomen Electronics, other (Tot 131 as of Mar/05)
OPERATION
Activities
General trading house (sales breakdown by divisions):
Chemicals & Fuels (26%): petrochemical products, organic chemicals,
specialty & inorganic chemicals, synthetic resins, performance of specialty
chemicals; Produce & Foodstuffs (15%): feed grain ingredients, wheat &
flour, food products, ingredients, alcoholic beverages, marine products;
Textiles (12%): textile materials, textile products, apparel, interior
products, bedding products; Electronics (18%): semiconductors, electronic components;
Machinery & Energy (28%): automobile, auto parts, plant projects, energy
& power supply business, crude oil, petroleum & natural gas projects.
(Overseas
trading ratio 38%: N America 2.6%; Europe 1.3%; Asia/Oceania 31.3%; others
2.8%).
Clients
[Steel mills, mfrs, oil refiners,
chemical firms] Nippon Steel, Fujitsu Ltd, JFE Holdings, Showa Shell Sekiyu,
Chubu Shiryo, other.
No. of accounts: 2,000
Domestic areas of activities: Nationwide
Suppliers
[Mfrs,
wholesalers] Casio Computer, JFE Holdings, Fuji Heavy Ind, Nippon Steel, Sanwa
Comstarch, other.
Payment record: Regular
Location
Business
area in Tokyo. Office premises at the
caption address are owned and maintained satisfactorily.
Bank References
UFJ Bank (H/O)
SMBC (H/O)
Relations: Satisfactory
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FINANCES (Consolidated
in million yen) |
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Terms
Ending: |
31/03/2005 |
31/03/2004 |
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INCOME
STATEMENT |
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Annual Sales |
|
1,577,303
|
1,604,084
|
|
|
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Cost of Sales |
1,494,888
|
1,508,057
|
||
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GROSS PROFIT |
82,415
|
96,026
|
||
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Selling & Adm Costs |
55,846
|
67,847
|
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OPERATING PROFIT |
26,568
|
28,179
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Non-Operating P/L |
-1,548
|
-6,594
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RECURRING PROFIT |
25,020
|
21,585
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NET PROFIT |
9,627
|
3,753
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BALANCE SHEET |
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Cash |
|
78,776
|
77,862
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|
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Receivables |
|
278,917
|
272,858
|
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Inventory |
|
64,371
|
63,302
|
|
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Securities, Marketable |
|
3,331
|
||
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Other Current Assets |
19,571
|
25,793
|
||
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TOTAL CURRENT ASSETS |
441,635
|
443,146
|
||
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Property & Equipment |
81,591
|
89,055
|
||
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Intangibles |
|
2,250
|
4,848
|
|
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Investments, Other Fixed Assets |
208,318
|
232,026
|
||
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TOTAL ASSETS |
733,794
|
769,075
|
||
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Payables |
|
184,045
|
179,967
|
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Short-Term Bank Loans |
150,037
|
414,811
|
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Other Current Liabs |
28,995
|
35,059
|
||
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TOTAL CURRENT LIABS |
363,077
|
629,837
|
||
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Debentures |
|
400
|
400
|
|
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Long-Term Bank Loans |
288,329
|
68,880
|
||
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Reserve for Retirement Allw |
5,781
|
7,140
|
||
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Other Debts |
|
5,875
|
7,295
|
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TOTAL LIABILITIES |
663,462
|
713,552
|
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MINORITY INTERESTS |
28,980
|
26,540
|
||
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Common stock |
44,199
|
44,199
|
||
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Additional paid-in
capital |
11,921
|
42,183
|
||
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Retained
earnings |
16,389
|
(23,348) |
||
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Evaluation
p/l on investments/securities |
2,375
|
(244) |
||
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Others |
|
(33,049) |
(33,426) |
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|
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Treasury
stock, at cost |
(485) |
(383) |
||
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TOTAL S/HOLDERS` EQUITY |
41,350
|
28,981
|
||
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TOTAL EQUITIES |
733,794
|
769,075
|
||
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CONSOLIDATED
CASH FLOWS |
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|
|||
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Terms
ending: |
31/03/2005 |
31/03/2004 |
|
|
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Cash Flows
from Operating Activities |
|
18,208
|
44,635
|
|
|
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Cash Flows
from Investment Activities |
24,438
|
41,194
|
||
|
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Cash Flows
from Financing Activities |
-43,339
|
-98,310
|
||
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Cash, Bank
Deposits at the Term End |
|
78,620
|
79,400
|
|
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ANALYTICAL
RATIOS Terms
ending: |
31/03/2005 |
31/03/2004 |
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Net Worth
(S/Holders' Equity) |
41,350
|
28,981
|
|
|
|
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Current Ratio
(%) |
121.64
|
70.36
|
|
|
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Net Worth
Ratio (%) |
5.64
|
3.77
|
|
|
|
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Recurring
Profit Ratio (%) |
1.59
|
1.35
|
|
|
|
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Net Profit
Ratio (%) |
0.61
|
0.23
|
|
|
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Return On
Equity (%) |
23.28
|
12.95
|
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WEB DETAILS ATTACHED
CORPORATE OUTLINE
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Tomen
Corporation |
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Tokyo
Head Office |
8-1,
Marunouchi 3-chome, |
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Osaka
Head Office |
2-18,
Nakanoshima 3-chome, |
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Nagoya
Office |
18-25,
Marunouchi 2-chome, |
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Date
Established |
April
15, 1920 |
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Offices |
Domestic
8 |
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Number
of Employees |
Non-consolidated:
1,157(including overseas stuff of 191) |
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Outstanding
Shares |
|
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Paid-in
Capital |
\44,199,948,000 |
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Major
Shareholders |
Toyota
Tsusho Corporation |
(20.13%) |
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(Percentage
of Voting |
Toyota
Motor Corporation |
(10.86%) |
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Shares
Held %) |
UFJ
Bank Ltd. |
(3.96%) |
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Aioi
Insurance Co., Ltd. |
(3.31%) |
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Mitsui
Sumitomo Insurance Co.CLtd. |
(2.52%) |
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Japan
Trustee Services Bank, Ltd. (Trust Account) |
(2.48%) |
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The
Master Trust Bank of Japan, Ltd. (Trust Account) |
(1.68%) |
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Tokio
Marine & Nichido Fire Insurance Co., Ltd. |
(1.60%) |
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Banca
Intesa Client Omnibus Account |
(1.14%) |
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Sanyo
Chemical Industries, Ltd. |
(1.13%) |
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Bank
References |
UFJ
Bank Ltd. |
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Sumitomo
Mitsui Banking Corporation |
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The
Bank of Tokyo-Mitsubishi, Ltd. |
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Mizuho
Corporate Bank, Ltd. |
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The
Chuo-Mitsui Trust & Banking Co., Ltd. |
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The
Norinchukin Bank |
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Stock
Listings |
Tokyo,
Osaka, Nagoya Stock Exchanges |
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Transfer
Agent and Register |
The
Chuo Mitsui Trust and Banking Co., Ltd. |
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CORPORATE OFFICERS
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DIRECTORS
& MEMBERS OF BOARD |
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HISTORY
|
1920 |
Toyo
Menka Kaisha, Ltd. established |
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1950 |
Listed
on the Osaka and Tokyo stock exchanges |
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1951 |
Toyomenka
Inc. (now Tomen America Inc.) established |
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1955 |
Merger
with Kanegafuchi Trading Co., Ltd.; textile business expanded |
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1961 |
Merger
with Taiyo Bussan Kaisha Ltd.; foodstuffs business expanded |
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1963 |
Merger
with Nankai Kogyo Co., Ltd.; metals business expanded |
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1970 |
Japanese
name changed to Kabushiki Kaisha Tomen; dual head office system (Tokyo,
Osaka) adopted |
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1980 |
Tokyo
headquarters relocated to Kokusai Shin-Akasaka Building in Minato-ku, Tokyo |
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1990 |
English
name changed to Tomen Corporation |
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1998 |
"Restructuring
Plan" announced |
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2000 |
"Tomen
Renovation Plan" announced |
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Tokyo
headquarters relocated to Tomen Marunouchi Building in Chiyoda-ku, Tokyo |
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Private
placement of shares worth \7.5 billion to Toyota Tsusho Corporation |
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Formulation
of a new corporate philosophy, "Value Trader" |
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2001 |
Osaka
Headquarters relocated to Sumitomo Nakanoshima Building in Kita-ku, Osaka |
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2003 |
"Tomen
Group Medium-term Management Plan" announced |
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Private
placements of shares worth \10.0 billion to Toyota Tsusho Corporation and
Toyota Motor Corporation |
ORGANIZATION
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OVERSEAS NETWORK
North America
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@ |
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U.S.A.
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Tomen America Inc.
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New York Headquarters |
1285
Avenue of the Americas, |
Tel:
1-212-397-4600 |
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Charlotte Branch |
Suite
150, 2810 Coliseum Centre Drive, Charlotte, North Carolina 28217, U.S.A. |
Tel:
1-704-357-0050 |
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Chicago Branch |
2215
Sanders Road, Suite 103N, Northbrook, Illinois 60062-6134, U.S.A. |
Tel:
1-847-849-4010 |
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Detroit Office |
4000
Town Center, Suite 1260 Southfield, Michigan 48075, U.S.A. |
Tel:
1-248-352-1870 |
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Houston Branch |
1300
Post Oak Blvd. Suite 1850, Houston, Texas 77056, U.S.A. |
Tel:
1-713-626-3610 |
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Los Angeles Branch |
1977 W. 190th St., Suite 201 |
Tel:
1-310-243-1310 |
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Portland Branch |
Suite
3018, First Interstate Tower, |
Tel:
1-503-221-1550 |
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San Diego Office |
2300
Boswell Road, Suite 204 |
Tel:
619-591-7016 |
Canada
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Tomen Canada Inc.
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@ |
160
Bloor Street East, Suite 935, |
Tel:
1-416-868-1103 |
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Vancouver Branch |
Suite
1770, Crown Life Place, 1500 West Georgia Street, Vancouver, British Columbia
V6G 2Z6, Canada |
Tel:
1-604-682-7436 |
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South America
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Mexico
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Tomen de Mexico, S.A. de C.V.
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@ |
Blvd.
Manuel Avila Camacho No. 40 Desp. 1506 Col. Lomas de Chapultepec 11000,
Mexico, D.F. |
Tel:
52-55-2623-7020 |
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Brasil
|
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Tomen Corporation do Brasil Ltda.
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@ |
Avenida
Paulista 37-5 Andar, Sao Paulo SP, Federative Republic of Brasil |
Tel:
55-11-3178-1500 |
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Argentina
|
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Tomen Corporation
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Oficina Representative en la Republica Argentina |
San
Martin 627, 7 Piso, Oficina A, 1374 Buenos Aires, Argentine Republic |
Tel:
54-11-4314-7194 |
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Chile
|
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Tomen Corporation
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Oficina Corresponsal en Chile (Agencia) |
Luis
Thayer Ojeda 236, of. 42, Edificio Pio X, Providencia, Santiago, Republic of
Chile |
Tel:
56-2-365-1390 |
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Peru
|
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Tomen Corporation
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Oficina Corresponsal en Lima |
Calle
Miguel Dasso No.117, 8vo Piso, San Isidro, Lima 27, Republic of Peru |
Tel:
51-1-422-3410 |
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Europe
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U.K.
|
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Tomen (U.K.) Plc
|
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@ |
13
Charles 2nd Street, London SW1Y 4QT, United Kingdom |
Tel:
44-20-7808-3201 |
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The Netherlands
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Tomen Netherlands B.V.
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@ |
Westblaak
99, 3012 KG Rotterdam, |
Tel:
31-10-4009300 |
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Germany
|
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Tomen Deutschland G.m.b.H.
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|
@ |
Carl-Schurz-Strasse
2, 41460 Neuss, Federal Republic of Germany |
Tel:
49-0-2131-3691-384 |
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Italy
|
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Tomen Italia S.p.A.
|
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@ |
Corso
Italia No.6, 20122 Milano, Italian Republic |
Tel:
39-02-72591-555 |
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France
|
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Tomen France S.A.S.
|
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@ |
18,
Avenue de l'Opera, 75001 Paris, French Republic |
Tel:
33-1-4296-14-56 |
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Czech Republic
|
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Tomen Corporation Praha Branch
|
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@ |
Plzeňsk
3185/5b, Andl city |
Tel:
420-225-091-154 |
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Russia
|
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Tomen Corporation
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Liaison Representative, Moscow |
Building
No.2, Kozhevnichesky Proezd 4, Moscow 115114, Russian Federation |
Tel:
7-095-540-7567 |
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Africa
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Egypt
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Tomen Corporation
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Liaison Representative, Cairo |
6th
Floor, El Yasmin Building, AT 15 Wadielnile Street, Mohandeseen, Cairo, Arab
Republic of Egypt |
Tel:
20-2-3051161 |
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Liaison Representative, Alexandria |
5
Gawad Hosni Street, Ibrahimya, 5th Floor, Flat No.12, Alexandria, Arab
Republic of Egypt |
Tel:
20-3-4257735 |
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@ |
|||
Tunisia
|
|||
Tomen Corporation
|
|||
|
|
|||
|
Tunis Office |
16,
Rue de Syrie, Imm. EPI Center - Bloc C - Bureau No.5 (10eme etage), B.P. 360,
1002 Tunis-Belvedere Republic of Tunisia |
Tel:
216-71-834-721 |
|
Algeria
|
|||
Tomen Corporation
|
|||
|
Bureau de Liaison d'Alger |
40,
Rue de Carthage, Hydra, Alger, Democratic and People's Republic of Algeria |
Tel:
213-21-69-26-73 |
|
South Africa
|
|||
Tomen Corporation
|
|||
|
Liaison Representative, Johannesburg |
4th Floor,138 West Street, |
Tel:+27-11-779-6514 |
|
Middle East
|
|||
Iran
|
|||
Tomen Iran Ltd.
|
|||
|
@ |
No.27
Naghdi Street, Ostad Motahari Avenue, Tehran, Islamic Republic of Iran |
Tel:
98-21-8874-2063 |
|
Syria
|
|||
Tomen Corporation
|
|||
|
Damascus Office |
Shaheen
Building, 2nd Floor, No.6, Abu Rumana Al Hassan Street, Damascus, Syrian Arab
Republic |
Tel:
963-11-3339058 |
|
Saudi Arabia
|
|||
Tomen Corporation
|
|||
|
Jeddah Office |
P.O.Box
40758, Jeddah-21511, Madinah Road, Maghdadia District Al-Jamal Center, 1st
Floor, Apt 108, Jeddah, Kingdom of Saudi Arabia |
Tel:
966-2-643-9686 |
|
Turkey
|
|||
Tomen Corporation
|
|||
|
Istanbul Branch |
Kore
Sehitleri Caddesi No.37/6 Zincirlikuyu, Istanbul, Turkey |
Tel:
90-212-637-32-75 |
|
Jordan
|
|||
Tomen Corporation
|
|||
|
Amman Office |
No.2-3rd
Floor, Fountain Plaza No.1 Abed Al-Raheem Al Haj Mohammed St. Al-Sweifieh,
Amman 11814, Hashimite Kingdom of Jordan |
Tel:
962-06-582-0161 |
|
Asia
|
|||
Korea
|
|||
Tomen Corporation
|
|||
|
Seoul Branch |
Room
No.1811 Kukdong Building, 60-1, 3 Ga, Chungmuro, Jung-Gu, Seoul 100-705,
Republic of Korea |
Tel:
82-2-2263-1519 |
|
China
|
|||
Tomen (Guangzhou) Co., Ltd.
|
|||
|
@ |
Room
No.506-509, China Hotel Office Tower, Liu Hua Road, Guangzhou, People's
Republic of China |
Tel:
86-20-8667-8152 |
|
Tomen (Shanghai) Co., Ltd.
|
|||
|
@ |
Floor
11, Jia Hua Center, No.1010, Middle Huai Hai Road, Xuhui District, Shanghai
200031, People's Republic of China |
Tel:
86-21-6113-5000 |
|
|
Nanjing Office |
Room
702, Nanjing Grand Hotel No. 208 Guangzhou Road, Nanjing, Jiangsu, People's
Republic of China |
Tel:
86-25-83318418 |
|
|
Chongqing Office |
Room
No.501, Holiday Inn Yangtze Chongqing, 15 Nan Ping Bei Lu, Chongqing,
People's Republic of China |
Tel:
86-23-6292-2000 |
|
|
Wuxi Office |
Room
506, No.2, Changjiang Road, High-Tech Development Zone, Wuxi, Jiangsu,
People's Republic of China |
Tel:
86-0510-5214100 |
|
Tomen (Tianjin) Co., Ltd.
|
|||
|
@ |
Room
No.2802 Tianjin River Front Square, No.81 Shiyijing Road, Hedong District,
Tianjin, People's Republic of China |
Tel:
86-22-2415-5470 |
|
Tomen Corporation
|
|||
|
Liaison Representative, Beijing |
Room
No.201, Beijing Fortune Building, No.5, Dong San Huan Bei Lu, Chao Yang
District, Beijing, People's Republic of China |
Tel:
86-10-6590-8388 |
|
|
Liaison Representative, Dalian |
Dalian
Boai Building, 3rd Floor, 582 Huanghe Road, Shahekou District, Dalian,
People's Republic of China |
Tel:
86-411-8462-2333 |
|
|
Liaison Representative, Qingdao |
Room
No.2908, A-Building, Sunshine Tower, No.61 HongKong Middle Road, Qingdao,
Shandong, People's Republic of China |
Tel:
86-532-8597-2220 |
|
Taiwan
|
|||
Tomen Taiwan Co., Ltd.
|
|||
|
@ |
9th
Floor, the Chung Hsing Bills Finance Building, No.123, Section 2, Chung Hsiao
East Road, Taipei, Taiwan |
Tel:
886-2-2391-0222 |
|
Hong Kong
|
|||
Tomen (H.K.) Co., Ltd.
|
|||
|
|
Suites
702-711, Prudential Tower, the Gateway, 21 Canton Road, Tsim Sha Tsui,
Kowloon, Hong Kong SAR |
Tel:
852-3182-3182 |
|
India
|
|||
Tomen Corporation
|
|||
|
Liaison Representative, Bombay |
702/703
Regent Chambers, 208 Jamnala Bajaj Marg, Nariman Point, Bombay 400 021, India |
Tel:
91-22-2282-1264 |
|
|
New Delhi Office |
709/710
Ashoka Estate, 24 Barakhamba Road, New Delhi 110 001, India |
Tel:
91-11-2335-8723 |
|
Sri Lanka
|
|||
Tomen Corporation
|
|||
|
Liaison Representative, Colombo |
Jaic
Hilton Towers Apartment No.1005, 10th Floor, 200 Union Place, Colombo 2,
Democratic Socialist Repubilc of Sri Lanka |
Tel:
94-11-2305319 |
|
Pakistan
|
|||
Tomen Corporation
|
|||
|
Liaison Representative, Karachi |
C-30
Mohammad Ali Housing Society Fatima Jinnah Road, Karachi, Islamic Republic of
Pakistan |
Tel:
92-21-4380012 |
|
Southeast Asia
|
|
||
Philippine
|
|
||
Tomen Corporation
|
|
||
|
Manila Branch |
12th
Floor, Allied Bank Building, Ayala Avenue, Corner Legaspi Street, Makati,
Metro Manila, Republic of the Philippines |
Tel:
63-2-810-2676 |
|
Viet Nam
|
|
||
Tomen Corporation
|
|
||
|
Liaison Representative, Hanoi |
Sun
Red River Building, 6th Floor, 23 Phan Chu Trinh Street, Hoan Kiem District,
Hanoi, Socialist Republic of Viet Nam |
Tel:
84-4-933-1022 |
|
|
Liaison Representative, Ho Chi Minh City |
The
Saigon Riverside Office Center, 6th Floor, 2A-4A Ton Duc Thang Street,
District 1, Ho Chi Minh City, Socialist Republic of Viet Nam |
Tel:
84-8-8231701 |
|
Thailand
|
|
||
Tomen (Thailand), Ltd.
|
|
||
|
@ |
Sindhorn
Tower 2, 7th Floor, 132 Witthayu Road, Pathunmwan, Bangkok 10330, Kingdom of
Thailand |
Tel:
66-2-263-3100 |
|
Laos
|
|
||
Tomen Corporation
|
|
||
|
Liaison Representative, Vientiane |
Luang
Prabang Road Unit 8, Bane Khounta Tong Mouang Sikothabong, Vientiane, Lao
People's Democratic Republic |
Tel:
856-21-250838 |
|
Cambodia
|
|
||
Tomen Enterprise (Bangkok) Ltd.
|
|
||
|
Liaison Representative Office, |
No.216,
Norodom Boulevard, Phnom Penh, Kingdom of Cambodia |
Tel:
855-23-211423 |
|
Malaysia
|
|
||
Tomen International (M) Sdn. Bhd.
|
|
||
|
|
Level
25, Wisma Goldhill, 67 Jalan Raja Chulan, 50200 Kuala Lumpur, |
Tel:
60-3-20709455 |
|
Tomen Corporation
|
|
||
|
Kuala Lumpur Branch |
Level
25, Wisma Goldhill, 67 Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia |
Tel:
60-3-20709455 |
|
Singapore
|
|
||
Tomen Corporation
|
|
||
|
Singapore Branch |
78
Shenton Way, 14-01 Singapore 079120, Republic of Singapore |
Tel:
65-6222-7444 |
|
Indonesia
|
|
||
Liasion Representative, Jakarta
|
|
||
|
@ |
Mid
Plaza 2 Building 10th Floor, Jalan Jenderal Sudirman Kaveling 10-11, Jakarta
10220, Republic of Indonesia |
Tel:
62-21-570-1719 |
|
P.T. Tomen Indonesia
|
|
||
|
@ |
Mid
Plaza 2 Building 10th Floor, Jalan Jenderal Sudirman Kaveling 10-11, Jakarta
10220, Republic of Indonesia |
Tel:
62-21-570-3203 |
|
|
|
|
||
|
Bandung Office |
International
Square Building, 6th Floor, Jalan Asia Afrika No.129, Bandung, Republic of
Indonesia |
Tel:
62-22-424-0601 |
|
|
Surabaya Office |
Graha
Bumiputera Building 4th Floor, Jalan Raya Darmo No.155-159, Surabaya 60261,
Republic of Indonesia |
Tel:
62-31-5683602 |
|
Myanmar
|
|
||
Tomen Corporation
|
|
||
|
Liaison Representative, Yangon |
17,
Kaba Aye Pagoda Road, Yankin Township, Yangon, Union of Myanmar |
Tel:
95-1-651257 |
|
Oceania
|
|
||
Australia
|
|
||
Tomen Australia Ltd.
|
|
||
|
|
Level
19, 44 Market Street, Sydney, New South Wales 2000, Australia |
Tel:
61-2-8346-6400 |
|
|
Perth Office |
Suite
2, Canning Highway, Victoria Park W.A. 6160 Australia |
Tel:
61-8-9361-6288 |
|
New Zealand
|
|
||
Tomen (N.Z.) Ltd.
|
|
||
|
@ |
Level
16, Westpac Tower, 120 Albert Street, Auckland 1, New Zealand |
Tel:
64-9-379-9902 |
|
DOMESTIC NETWORK
|
* |
TOKYO
HEAD OFFICE |
|
|
|
8-1,
Marunouchi 3-chome, Chiyoda-ku, Tokyo 100-8320, Japan |
|
|
|
Phone: |
81-3-5288-2111 |
|
|
Fax: |
81-3-5288-9100 |
|
|
||
|
* |
OSAKA
HEAD OFFICE |
|
|
|
2-18,
Nakanoshima 3-chome, Kita-ku, Osaka 530-8622, Japan |
|
|
|
Phone: |
81-6-6447-9333 |
|
|
Fax: |
81-6-6447-9799 |
|
|
||
|
* |
NAGOYA
OFFICE |
|
|
|
18-25,
Marunouchi 2-chome, Naka-ku, Nagoya 460-8710, Japan |
|
|
|
Phone: |
81-52-232-5111 |
|
|
Fax: |
81-52-232-5351 |
|
|
||
|
* |
SAPPORO
BRANCH |
|
|
|
2-14,
Kita Ichijo Nishi 3-chome, Chuo-ku, Sapporo 060-0001, Japan |
|
|
|
Phone: |
81-11-231-6127 |
|
|
Fax: |
81-11-222-5389 |
|
|
||
|
* |
NIIGATA
BRANCH |
|
|
|
4-27,
Bandai 4-chome, Niigata 950-0088, Japan |
|
|
|
Phone: |
81-25-241-7141 |
|
|
Fax: |
81-25-241-7150 |
|
|
||
|
* |
HIROSHIMA
OFFICE |
|
|
|
2-6,
Mikawa-cho, Naka-ku, Hiroshima 730-0029, Japan |
|
|
|
Phone: |
81-82-248-1471 |
|
|
Fax: |
81-82-248-1458 |
|
|
||
|
* |
SHIKOKU
BRANCH |
|
|
|
2-1,
Kamei-cho, Takamatsu 760-0050, Japan |
|
|
|
Phone: |
81-87-833-5611 |
|
|
Fax: |
81-87-833-5616 |
|
|
||
|
* |
KYUSHU
BRANCH |
|
|
|
15-2,
Tenjin 1-chome, Chuo-ku, Fukuoka 810-0001, Japan |
|
|
|
Phone: |
81-92-713-7750 |
|
|
Fax: |
81-92-713-7774 |
Major Domestic
Subsidiaries and Affiliates
(As of March
31, 2005)
|
|
|
|
*Sankyo
Foods Industry Corp. (Japan) |
|
|
@ |
Food
processing, manufacture of food additives and flavorings, manufacture of
chemicals and synthetic resins |
|
*DAIICHISEKKEN
CO., LTD. (Japan) |
|
|
@ |
Manufacture
and sales of synthetic detergents and soaps |
|
*DAIICHISEKKEN
NISHINIHON CO., LTD. (Japan) |
|
|
@ |
Manufacture
and sales of synthetic detergents and soaps |
|
*Daitoh
Kasei Co., Ltd. (Japan) |
|
|
@ |
Plastic
molding |
|
*Tomen
Plastics Corp. (Japan) |
|
|
@ |
Domestic
sales, import and export of synthetic resins and synthetic rubber, and
related products |
|
*Arysta
LifeScience Corp. (Japan) http://www.arysta-ls.com |
|
|
@ |
Life
science businesses such as agrochemicals, pharmaceuticals, veterinary medicines,
and biotechnology businesses |
|
*Sanyo
Chemical Industries, Ltd. (Japan) http://www.sanyo-chemical.co.jp |
|
|
@ |
Manufacture
and sales of chemicals, primarily surface active agents for textile and
industrial use |
|
@ |
@ |
|
|
|
|
*Kanto
Grain Terminals Co., Ltd. (Japan) |
|
|
@ |
Storage
silos for feed grain, harbor transport, customs clearance functions |
|
*Tohoku
Grain Terminals Co., Ltd. (Japan) |
|
|
@ |
Storage
silos for feed grain, harbor transport, customs clearance functions |
|
*Toyo
Grain Terminals Co., Ltd. (Japan) |
|
|
@ |
Storage
silos for feed grain, harbor transport, customs clearance functions |
|
*Higashi-Nada
Tomen Silo Co., Ltd. (Japan) |
|
|
@ |
Storage
silos for feed grain, harbor transport, customs clearance functions |
|
*Chubu
Shokuryo Kaisha, Ltd. (Japan) |
|
|
@ |
Sales
of rice and special rice grain, wholesale marketing of frozen foods and other
food products |
|
*Tomen
Foods Co., Ltd. (Japan) |
|
|
@ |
Import
and distribution of foodstuffs, marine products, and liquors (wines, etc.) |
|
@ |
@ |
|
|
|
|
*Ogawatec
Corp. (Japan) http://www.ogawatec.co.jp |
|
|
@ |
Planning
and construction of membrane structures such as domes for stadiums |
|
*OfNeill
Far East Corp. (Japan) |
|
|
@ |
Planning,
sales and licensing of O'Neill-brand products |
|
*Tomen
Hotline Co., Ltd. (Japan) |
|
|
@ |
Design,
manufacture and sales of apparel |
|
*Toyo
Tateami Kaisha, Ltd. (Japan) |
|
|
@ |
Manufacture
and sales of knit fabrics |
|
*Toyo
Cotton (Japan) Co. (Japan) |
|
|
@ |
Sales,
import and export of raw cotton |
|
@ |
@ |
|
|
|
|
*TOMEN
ELECTRONICS CORP. (Japan) http://www.tomen-ele.co.jp |
|
|
@ |
Marketing
and sales of semiconductors, integrated circuits, electronic components and
computer-related equipment |
|
*PPL
Corp. (Japan) |
|
|
@ |
One-stop
procurement agent for semiconductors and electronic components |
|
*TOMEN
DEVICES CORP. (Japan) |
|
|
@ |
Domestic
sales of semiconductor memories and other electronic components |
|
*TOKYO
MUSEN KIZAI CO., LTD. (Japan) |
|
|
@ |
Sales
of electronic passive components and semiconductors |
|
@ |
@ |
|
|
|
|
*TOMEN
TELECOM CORP. (Japan) |
|
|
@ |
Domestic
sales, installation, operation and maintenance of information communication
equipment |
|
*Sunpot
Co., Ltd. (Japan) |
|
|
@ |
Manufacture
and sales of gas-fueled equipment and electrical appliances |
|
*TOMEC
CORP. (Japan) |
|
|
@ |
Sales
and leasing of construction and industrial machinery |
|
*TOMEN
TECHNO SOLUTIONS INC. (Japan) |
|
|
@ |
Import,
export and domestic sales of machine tools, forging machinery, industrial
furnaces, plastic molding equipment, industrial-use robots and environmental
equipment |
|
*Eurus
Energy Holdings Corp. (Japan) http://www.eurus-energy.com/english |
|
|
@ |
Operation
and management of wind power generation projects worldwide |
|
@ |
@ |
|
|
|
|
*TM
LOGISTICS CORP. (Japan) |
|
|
@ |
Trade
services and promotion of logistics business (in-group & external) |
|
*TOMEN
INFORMATION SYSTEMS CORP. (Japan) |
|
|
@ |
Design,
operation and management of comprehensive information systems, software
development and sales |
|
*Tomen
Business Support Ltd. (Japan) |
|
|
@ |
Operation
services and consulting for accounting, financing and personnel |
|
*Toyu
Intex Corp. (Japan) |
|
|
@ |
General
affairs operation services and sales of stationery, furniture and fixtures,
advertising |
|
*Hot-Line
International Transport Ltd. (Japan) |
|
|
@ |
Non-vessel
operating common carrier and returnable container business |
CHEMICALSMajor Overseas
Subsidiaries and Affiliates
(As of March
31,2005)
|
|
|
|
*Deepwater
Chemicals, Inc. (U.S.A.) |
|
|
|
Manufacture
and sales of iodides |
|
*Dewey
Chemical Inc. (U.S.A.) |
|
|
|
Production
and sales of iodine |
|
*Eastern
Chemical Co., Ltd. (Thailand) |
|
|
|
Manufacture
of ethyl alcohol by fermentation of molasses |
|
*P.T.
Styrindo Mono Indonesia (Indonesia) |
|
|
|
Production
and sales of styrene monomer |
|
*P.T.
KALTIM PASIFIK AMONIAK (Indonesia) |
|
|
|
Production
and sales of ammonia |
|
*Wuxi
Advanced Kayaku Chemical Co., Ltd. (China) |
|
|
|
Manufacture
and sales of dyestuffs |
|
*PHILIPPINE
PROSPERITY CHEMICALS INC. (Philippines) |
|
|
|
Distribution
of solvents |
|
*Korea
Fine Chemical Co., Ltd. (Korea) |
|
|
|
Production
and sales of isocyanate and amino acids |
|
*Korea
Polyol Co., Ltd. (Korea) |
|
|
|
Manufacture
and sales of polypropylene glycol |
|
@ |
|
|
|
|
|
*Oleos
gMENUh Industria e Comercio Ltda. (Brazil) |
|
|
|
Production
and sales of cottonseed oil products |
|
|
|
|
|
|
|
*TOYO
COTTON CO. (U.S.A.) |
|
|
|
Sales,
import and export of raw cotton |
|
*P.T.
TOMENBO INDONESIA (Indonesia) |
|
|
|
Synthetic
yarn spinning |
|
*SHANGHAI
EVER GREEN TEXTILE CO., LTD. (China) |
|
|
|
Sizing,
weaving, dyeing and finishing of acetate lining fabrics and sales |
|
|
|
|
|
|
|
*TOMEN
(SINGAPORE) ELECTRONICS PTE. LTD. (Singapore) |
|
|
|
Marketing
and sales of semiconductors, integrated circuits, electronic components and
computer-related equipment |
|
*TOMEN
ELECTRONICS (HONG KONG) LIMITED (China) |
|
|
|
Marketing
and sales of semiconductors, integrated circuits, electronic components and
computer-related equipment |
|
*Tomen
Electronics America, Inc. (U.S.A.) |
|
|
|
Marketing
and sales of semiconductors, integrated circuits, electronic components and
computer-related equipment |
|
*TOMEN
DEVICES (SHANGHAI)., LTD. (China) |
|
|
|
Sales
of semiconductor memories and other electronic components |
|
*SHANGHAI
HONG RI INTERNATIONAL ELECTRONICS CO., LTD. (China) http://www.shanghaihongri.com |
|
|
|
Marketing
and sales of integrated circuits, semiconductors and electronic components |
|
|
|
|
|
|
|
*Tomen
Power (Singapore) Pte. Ltd. (Singapore) |
|
|
|
Operation
and management of power generation projects |
|
*TOMEN
TOYOTA TSUSHO PETROLEUM (S) PTE. LTD.(Singapore) |
|
|
|
Export
and offshore trading of crude oil, petroleum products and bunker oil |
|
*Centragas-Transportadora
de Gas de la Region Central de Enron Development & Cia, S.C.A.(Colombia) |
|
|
|
Transportation
of natural gas |
|
*Kwarta
Shipping S.A. (Panama) |
|
|
|
Marine
shipping business |
|
|
|
|
|
|
|
*HOT-LINE
INTERNATIONAL TRANSPORT (H.K.) LTD.(China) |
|
|
|
Non-vessel
operating common carrier and sales of logistics supplies |
|
|
|
|
|
|
|
*TOMEN
AMERICA INC. (U.S.A.) |
|
|
|
Trade
business |
|
*TOMEN
CANADA INC. (Canada) |
|
|
|
Trade
business |
|
*TOMEN
CORPORATION DO BRASIL LTDA. (Brazil) |
|
|
|
Trade
business |
|
*TOMEN
DE MEXICO, S.A. DE C.V. (Mexico) |
|
|
|
Trade
business |
|
*TOMEN
AUSTRALIA LIMITED (Australia) |
|
|
|
Trade
business |
|
*TOMEN
(N.Z.) LIMITED (New Zealand) |
|
|
|
Trade
business |
|
*Tomen
International (Malaysia) Sdn. Bhd. (Malaysia) |
|
|
|
Trade
business |
|
*TOMEN
(SHANGHAI) CO., LTD. (China) |
|
|
|
Trade
business |
|
*TOMEN
(TIANJIN) CO., LTD. (China) |
|
|
|
Trade
business |
|
*TOMEN
(GUANGZHOU) CO., LTD (China) |
|
|
|
Trade
business |
|
*TOMEN
(H.K.) CO., LTD. (China) |
|
|
|
Trade
business |
|
*TOMEN
TAIWAN CO., LTD. (Taiwan) |
|
|
|
Trade
business |
|
*TOMEN
(THAILAND) LIMITED (Thailand) |
|
|
|
Trade
business |
|
*Tomen
Enterprise (Bangkok) Limited (Thailand) |
|
|
|
Trade
business |
|
*P.T.
TOMEN INDONESIA (Indonesia) |
|
|
|
Trade
business |
|
*Tomen
(Iran) Ltd. (Iran) |
|
|
|
Trade
business |
|
*TOMEN
(U.K.) PLC (U.K.) |
|
|
|
Trade
business |
|
*TOMEN
Deutschland GmbH (Germany) |
|
|
|
Trade
business |
|
*TOMEN
FRANCE S.A. (France) |
|
|
|
Trade
business |
|
*TOMEN
Netherlands B.V. (Netherlands) |
|
|
|
Trade
business |
|
*TOMEN
ITALIA S.p.A. (Italy) |
|
|
|
Trade
business |
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 |