MIRA
INFORM REPORT
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Report Date : |
24.08.2007 |
IDENTIFICATION DETAILS
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Name : |
SEMPRE DESIGN CO LTD |
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Registered Office : |
FIK Minamiaoyama Bldg 1F, 5-13-3 Minamiaoyama Minatoku |
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Country : |
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Financials (as on) : |
31.01.2007 |
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Date of Incorporation : |
Dec 1996 |
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Legal Form : |
Limited Company (Kabushiki
Kaisha) |
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Line of Business : |
Import, wholesale, retail of
furniture, interior goods |
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 13.5 millions |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
name
SEMPRE DESIGN CO LTD
REGD NAME
KK Sempre Design
MAIN OFFICE
FIK Minamiaoyama
Bldg 1F, 5-13-3 Minamiaoyama Minatoku
Tel : 03-5464-5655
Fax : 03-5464-5659
URL : http://www.sempre.jp
E-Mail
address: e-shop@sempre.jp
ACTIVITIES
Import,
wholesale, retail of furniture, interior goods
STORES
At the
caption address, Ginza (
OFFICERS
MASATOSHI
TAMURA, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 660 M
PAYMENTS REGULAR CAPITAL Yen 90 M
TREND STEADY WORTH Yen
134 M
STARTED 1996 EMPLOYES 30
COMMENT
IMPORTER OF FURNITURE.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 13.5 MILLION, 30 DAYS NORMAL TERMS.
HIGHLIGHTS
The subject company was established by Masatoshi Tamura in
order to make most of his experience in foreign trading. This is a trading firm, owned by M Tamura,
for import of furniture, interior goods, rugs & carpets, other
upholstery. Goods are imported from
Europe,
FINANCIAL INFORMATION
Financials are only partially disclosed.
The sales volume for Jan/2007 fiscal term amounted to Yen
660 million, an 8% up from Yen 613 million in the previous term. Gardening tools were particularly faring
well. The net profit was posted at Yen 6
million, up from Yen 5 million a year ago.
For the current term ending Jan 2007 the net profit is projected at Yen 6 million, on a 3% rise in turnover, to Yen 680 million. Business is seen uprising.
The financial situation is considered maintained FAIR and good for ORDINARY business engagements. Max credit limit is estimated at Yen 13.5 million, on 30 days normal terms.
REGISTRATION
Date
Registered: Dec 1996
Legal
Status: Limited Company
(Kabushiki Kaisha)
Authorized: 7,200 shares
Issued: 1,800 shares
Sum: Yen 90 million
Major shareholders (%):
Masatoshi Tamura (100)
Nothing
detrimental is known as to his commercial morality.
OPERATION
Activities: Imports, wholesales and retails (including online
shop) furniture, interior goods, gardening tools, rugs & carpets,
other upholstery (--100%).
(Retail
60%; wholesale 40%)
(Items handled): chairs, sofas, tables, cabinets, beds & beddings, lighting fixtures, rugs & carpets, kitchen systems & tools, gardening tools, office equipment & tools, flower vases, clocks, handbags, umbrellas, porches, accessories, other.
Clients:
Individual consumers (60%), business firms, chain stores (--40%)
No. of
accounts: Unavailable
Domestic
areas of activities: Centered in greater-Tokyo
Suppliers:
[Mfrs, wholesalers] Hukla
Goods
are imported from Europe,
Payment
record: Regular
Location: Business area in
Bank References
MUFG
(Gotanda-Ekimae & Aoyama)
Relations:
Satisfactory
FINANCES
(In
Million Yen)
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Terms Ending: |
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31/01/2008 |
31/01/2007 |
31/01/2006 |
31/01/2005 |
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Annual
Sales |
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680 |
660 |
613 |
576 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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6 |
6 |
5 |
15 |
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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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134 |
128 |
123 |
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Capital,
Paid-Up |
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90 |
90 |
90 |
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Div.P.Share(¥) |
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0.00 |
0.00 |
0.00 |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
3.03 |
7.67 |
6.42 |
18.28 |
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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 |
0.88 |
0.91 |
0.82 |
2.60 |
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Note:
Financials are only partially disclosed.
Forecast
(or estimated) for the 31/01/2008 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. |
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%)