MIRA
INFORM REPORT
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Report Date : |
29th
December, 2006 |
IDENTIFICATION
DETAILS
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Name : |
ACM
SUPPLY CO LTD |
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Registered Office : |
ACM
Bldg, 2-21-6 Yanagibashi Taitoku Tokyo 111-0052, Japan |
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Country : |
Japan |
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Financials (as on) : |
31.03.2007
(Estimated) |
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Date of Incorporation : |
June
1996 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Import, export, wholesale of stationery, OA equipment |
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 6.8 Million |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company Name
ACM
SUPPLY CO LTD
REGD NAME
ACM
Supply KK
MAIN OFFICE
ACM
Bldg, 2-21-6 Yanagibashi Taitoku Tokyo 111-0052 JAPAN
Tel : 03-5825-8266
URL : N/A
ACTIVITIES
Import, export, wholesale of stationery, OA equipment
BRANCHES
Nil
OFFICERS
HIROSUKE YOGO, PRES
Yen Amount
In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 450 M
PAYMENTS REGULAR CAPITAL Yen 10 M
TREND SLOW WORTH Yen 87 M
STARTED 1996 EMPLOYES 12
COMMENT
TRADING HOUSE SPECIALIZING IN STATIONERY AND OA EQUIPMENT.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: YEN 6.8 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Hirosuke Yogo in order to
make most of his experience in the subject line of business. This is a trading house for import, export
and wholesale of stationery as mainline and OA equipment, etc. Goods are imported and exported. Financials are only partially disclosed.
FINANCIAL INFORMATION
The sales volume for Mar/2006 fiscal term amounted to Yen 450
million, a 14% up from Yen 394 million in the previous term. Exports were robust. Weaker Yen against foreign currencies
contributed to raise sales amount in Yen terms. The net profit was posted at Yen 17 million, up from Yen 15 million
a year ago.
For the current term ending Mar 2007 the net profit is projected
at Yen 17 million, on a 4% rise in turnover, to Yen 470 million.
The financial situation is considered maintained FAIR and good for
ORDINARY business engagements. Max
credit limit is estimated at Yen 6.8 million, on 30 days normal terms.
REGISTRATION
Date Registered :
Jun 1996
Legal Status :
Limited Company (Kabushiki Kaisha)
Authorized :
800 shares
Issued :
200 shares
Sum :
Yen 10 million
Major shareholders (%)
Hirosuke Yogo (100)
Nothing detrimental is known as to his commercial morality.
OPERATION
Activities: Imports, exports and wholesales stationery, OA
equipment, others (--100%).
Clients
Mfrs, wholesalers, etc (Details not disclosed)
No. of accounts
300
Domestic areas of activities
Centered in greater-Tokyo
Suppliers
[Mfrs, wholesalers]
Hitachi Metals, Tomoegawa Paper Mfg, other.
Payment record
Regular
Location
Business area in Tokyo.
Office premises at the caption address are owned and maintained
satisfactorily.
Bank References
Mizuho Bank (Asakusabashi)
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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470 |
450 |
394 |
400 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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17 |
17 |
15 |
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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87 |
74 |
59 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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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 |
4.44 |
14.21
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-1.50
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-24.53
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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 |
3.62 |
3.78 |
3.81 |
3.75 |
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Financials are only
partially disclosed.
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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