MIRA
INFORM REPORT
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Report Date : |
01.08.2007 |
IDENTIFICATION DETAILS
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Name : |
HATTA AND ASSOCIATES |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.03.2007 |
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Date of Incorporation : |
July 1976 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
International patent office |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
YEN 7.8 MILLION |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
COMPANY NAME
HATTA AND ASSOCIATES
REGD NAME: Hatta Kokusai Tokkyo
Jimusho
MAIN OFFICE
Tel : 03-3230-4766
Fax : 03-3263-4668
URL : http://www.hattapat.jp
E-Mail :
homepage@hattapat.jp
ACTIVITIES
International patent office
BRANCHES
Nil
OFFICERS
MIKIO HATTA, PRES & PATENT ATTORNEY
LICENSE
No. 17234 granted Mar 1969.
Yen Amount
In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 400 M
PAYMENTS REGULAR CAPITAL - - -
TREND STEADY WORTH Yen 200 M*
STARTED 1976 EMPLOYES 41**
*.. Estimated only
**.. 11 patent attorneys, 20 technical engineers, 10 staff
members
COMMENT
INTERNATIONAL PATENT OFFICE.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR PROPER
BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: YEN 7.8 MILLION, 30 DAYS NORMAL
TERMS. .
HIGHLIGHTS
The subject company was established by Mikio Hatta, patent
attorney, as International patent office.
Covers wide technical areas, with worldwide cover:
FINANCIAL INFORMATION
The revenues for Mar/2006 fiscal term amounted to Yen 400
million, an 18% up from Yen 340 million in the previous term. The net profit is not disclosed and we estimated
at Yen 40 million, up from Yen 34 million a year ago.
For the term ended Mar 2007 the net profit is believed
posted at Yen 45 million, on a 13% rise in turnover, to Yen 450 million. Final results have not been made available.
The financial situation is considered FAIR and good for
PROPER business engagements. Max credit
limit is estimated at Yen 7.8 million, on 30 days normal terms.
REGISTRATION
Date Registered : Jul
1976
Legal Status :
Limited Company (Kabushiki Kaisha)
Net Worth :
Yen 200 million (only estimated)
This Office is owned and operated by Mikio Hatta, patent
attorney. The net worth is estimated at
Yen 200 million, which derived from his savings.
Nothing detrimental is known as to the commercial morality
of executives.
OPERATION
Activities: International patent office (100%).
(Covering areas):
Machinery: mechanical engineering, Mechatronics, machinery
processing, metal processing, motorcars, copiers, printers, software, other;
Electric/Electronics: electric/electronics engineering, semiconductors, PDP,
LCD, image processing, automobiles, copiers, batteries, game machines/software;
Chemicals: chemical engineering, organic/inorganic chemicals, catalysts,
polymers, chemical processing & facilities, medical, medical instruments,
biotechnology, other.
Clients :
[Mfrs] Nippon Steel, Nissan Motors, Minolta,
No. of accounts :
300
Domestic areas of activities :
Nationwide
Payment record
Regular
Location
Business area in
Bank References
Mizuho Bank (Kojimachi)
SMBC (Kojimachi)
Relations: Satisfactory
FINANCES: (In Million
Yen)
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Terms Ending: |
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31/03/2007 |
31/03/2006 |
31/03/2005 |
31/03/2004 |
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Annual Sales |
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450 |
400 |
340 |
320 |
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Recur. Profit |
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.. |
.. |
.. |
.. |
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Net Profit |
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45 |
40 |
34 |
32 |
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Total Assets |
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N/A |
N/A |
N/A |
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Net Worth |
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200 |
160 |
126 |
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Capital, Paid-Up |
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Div.P.Share(¥) |
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0.00 |
0.00 |
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<Analytical
Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
12.50
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17.65
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6.25 |
-5.88
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Current Ratio |
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.. |
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N.Worth Ratio |
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.. |
.. |
.. |
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N.Profit/Sales |
10.00
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10.00
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10.00
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10.00
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Note: Financials are only partially disclosed. Net profits are not disclosed and estimated
only.
Forecast (or estimated) for the 31/03/2007 fiscal term.
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%)