MIRA
INFORM REPORT
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Report Date : |
19.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
DAUPHIN LTD |
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Registered Office : |
Matsuyoshi Bldg 4F, 2-4 Kanda-Jimbocho Chiyodaku Tokyo 101-0051 |
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Country : |
Japan |
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Date of Incorporation : |
Jan 2001 |
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Legal Form : |
Private Limited Company (Yugen
Gaisha) |
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Line of Business : |
Import, retail of tram & railway
models & parts |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
Yen 800000 |
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Status : |
Moderate |
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Payment Behaviour : |
Regular |
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Litigation : |
-- |
name
DAUPHIN LTD
REGD NAME
YK Dauphin
MAIN OFFICE
Matsuyoshi Bldg 4F, 2-4 Kanda-Jimbocho Chiyodaku Tokyo 101-0051 JAPAN
Tel: 03-5211-1554
Fax: 03-5211-1544
URL: http://www.h6.dion.ne.jp/tranway
E-Mail address: tramway@chiba.email.ne.jp
ACTIVITIES
Import, retail of tram & railway models & parts
SHOP
At the caption address
FACTORY(IES)
(subcontracted)
OFFICERS
ATSUSHI SATO, PRES
Yen Amount: In
million Yen, unless otherwise stated
SUMMARY
FINANCES R/WEAK A/SALES Yen 50 M
PAYMENTS REGULAR CAPITAL Yen 3 M
TREND UP WORTH Yen 15 M
STARTED 2001 EMPLOYES 1*
*.. Employing about 3-5 part timers, A Sato says.
COMMENT
IMPORTER AND RETAILER SPECIALIZING IN RAILWAY MODELS. FINANCIAL SITUATION CONSIDERED RATHER WEAK BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: YEN 800,000.00, 30 DAYS NORMAL TERMS, WE RECOMMEDING SECURED TERMS ON NEW TANSACTIONS.
HIGHLIGHTS
The subject company was established by Atsushi Sato in order to
make most of his experience in the subject line of business. This is a one-man operated shop specializing
in railway, tram & traction models & parts. Goods are imported mainly from Austria and retailed at the
caption shop. Also retailed
online. Goods are partially
subcontracted mfg to local makers. The
firm does not disclose information on the management and financials and all the
information contained herein have been directly obtained from Atsushi Sato
himself.
FINANCIAL INFORMATION
The sales volume for Dec/2006 fiscal term is said amounted to Yen 50 million, a 100% up from Yen 25 million in the previous term. Demand increased sharply from railway maniacs, particularly from retired men. The net profit was posted at Yen 5 million, according to A Sato. The net worth is believed at Yen15 million, but not confirmed by A Sato.
For the current term ending Dec 2007 the net profit is projected
at Yen 10 million, on a 100% rise in turnover, to Yen 100 million. Business is on the upswing, according to A
Sato.
The financial situation is considered RATHER WEAK but should be
good for MODERATE business engagements.
Max credit limit is estimated at Yen 800,000.00, on 30 days normal
terms. We, however, recommend secured
terms on new transactions. This is
because the financials are self-professed and not verified by third parties, or
any of the databases.
REGISTRATION
Date Registered: Jan
2001
Legal Status: Private
Limited Company (Yugen Gaisha)
Regd Capital: Yen
3 million
Major shareholders (%): Atsushi Sato (100)
Nothing detrimental is known as to his commercial morality.
OPERATION
Activities: Imports and retails trams, railway & traction
models & parts (--100%).
Goods are imported mainly from Austria, with partially
subcontracted mfg to local factories. Goods are retailed online, too.
Clients: Consumers
No. of accounts: Unavailable
Domestic areas of activities: Nationwide
Suppliers: [Mfrs, wholesalers] Imports from Austria
mainly. Also subcontracted mfg to local
makers.
Payment record: Regular
Location: Business area in Tokyo. Office premises at the caption address are leased and maintained
satisfactorily.
Bank References
Asahi Shinkin Bank (Toshima)
Relations: Satisfactory
FINANCES
(In Million Yen)
NOT DISCLOSED.
UNAVAILABLE.
RATING
EXPLANATIONS
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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. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
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 |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)