MIRA INFORM REPORT
|
Report
Date : |
20.01.2007 |
IDENTIFICATION
DETAILS
|
Name : |
TOMEN CORPORATION MERGED WITH TOYOTA TSUSHO CORPORATION |
|
|
|
|
Registered
Office : |
3-8-1 Marunouchi Chiyodaku Tokyo
100-8320, Japan |
|
|
|
|
Date
of Incorporation : |
1920 |
|
|
|
|
Legal
Form : |
Limited Company |
|
|
|
|
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 |
|
|
|
|
Status
: |
Good |
|
|
|
|
Payment
Behaviour : |
Regular |
|
|
|
|
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 |
|
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
|
FINANCES (Consolidated in
million yen) |
|
||||
|
|
|
Terms
Ending: |
31/03/2005 |
31/03/2004 |
|
|
INCOME STATEMENT |
|
|
|||
|
|
Annual Sales |
|
1,577,303
|
1,604,084
|
|
|
|
Cost of Sales |
1,494,888
|
1,508,057
|
||
|
|
GROSS PROFIT |
82,415
|
96,026
|
||
|
|
Selling & Adm Costs |
55,846
|
67,847
|
||
|
|
OPERATING PROFIT |
26,568
|
28,179
|
||
|
|
Non-Operating P/L |
-1,548
|
-6,594
|
||
|
|
RECURRING PROFIT |
25,020
|
21,585
|
||
|
|
NET PROFIT |
9,627
|
3,753
|
||
|
BALANCE SHEET |
|
|
|
||
|
|
Cash |
|
78,776
|
77,862
|
|
|
|
Receivables |
|
278,917
|
272,858
|
|
|
|
Inventory |
|
64,371
|
63,302
|
|
|
|
Securities, Marketable |
|
3,331
|
||
|
|
Other Current Assets |
19,571
|
25,793
|
||
|
|
TOTAL CURRENT ASSETS |
441,635
|
443,146
|
||
|
|
Property & Equipment |
81,591
|
89,055
|
||
|
|
Intangibles |
|
2,250
|
4,848
|
|
|
|
Investments, Other Fixed Assets |
208,318
|
232,026
|
||
|
|
TOTAL ASSETS |
733,794
|
769,075
|
||
|
|
Payables |
|
184,045
|
179,967
|
|
|
|
Short-Term Bank Loans |
150,037
|
414,811
|
||
|
|
|
|
|
|
|
|
|
Other Current Liabs |
28,995
|
35,059
|
||
|
|
TOTAL CURRENT LIABS |
363,077
|
629,837
|
||
|
|
Debentures |
|
400
|
400
|
|
|
|
Long-Term Bank Loans |
288,329
|
68,880
|
||
|
|
Reserve for Retirement Allw |
5,781
|
7,140
|
||
|
|
Other Debts |
|
5,875
|
7,295
|
|
|
|
TOTAL LIABILITIES |
663,462
|
713,552
|
||
|
|
MINORITY INTERESTS |
28,980
|
26,540
|
||
|
|
Common stock |
44,199
|
44,199
|
||
|
|
Additional paid-in capital |
11,921
|
42,183
|
||
|
|
Retained earnings |
16,389
|
(23,348) |
||
|
|
Evaluation p/l on
investments/securities |
2,375
|
(244) |
||
|
|
Others |
|
(33,049) |
(33,426) |
|
|
|
Treasury stock, at cost |
(485) |
(383) |
||
|
|
TOTAL S/HOLDERS` EQUITY |
41,350
|
28,981
|
||
|
|
TOTAL EQUITIES |
733,794
|
769,075
|
||
|
CONSOLIDATED CASH
FLOWS |
|
|
|||
|
|
|
Terms
ending: |
31/03/2005 |
31/03/2004 |
|
|
|
Cash Flows from Operating Activities |
|
18,208
|
44,635
|
|
|
|
Cash Flows from Investment Activities |
24,438
|
41,194
|
||
|
|
Cash Flows from Financing Activities |
-43,339
|
-98,310
|
||
|
|
Cash, Bank Deposits at the Term End |
|
78,620
|
79,400
|
|
|
ANALYTICAL RATIOS Terms
ending: |
31/03/2005 |
31/03/2004 |
|||
|
|
|
Net Worth (S/Holders' Equity) |
41,350
|
28,981
|
|
|
|
|
Current Ratio (%) |
121.64
|
70.36
|
|
|
|
|
Net Worth Ratio (%) |
5.64
|
3.77
|
|
|
|
|
Recurring Profit Ratio (%) |
1.59
|
1.35
|
|
|
|
|
Net Profit Ratio (%) |
0.61
|
0.23
|
|
|
|
|
Return On Equity (%) |
23.28
|
12.95
|
|
WEB DETAILS ATTACHED
CORPORATE
OUTLINE
|
Tomen Corporation |
|
|||
|
Tokyo Head Office |
8-1, Marunouchi 3-chome, |
|||
|
Osaka Head Office |
2-18, Nakanoshima 3-chome, |
|||
|
Nagoya Office |
18-25, Marunouchi 2-chome, |
|||
|
|
|
|||
|
Date Established |
April 15, 1920 |
|||
|
|
|
|||
|
Offices |
Domestic 8 |
|||
|
|
|
|||
|
Number of Employees |
Non-consolidated: 1,157(including overseas stuff of 191) |
|||
|
|
|
|||
|
Outstanding Shares |
|
|||
|
|
|
|||
|
Paid-in Capital |
\44,199,948,000 |
|||
|
|
|
|||
|
Major Shareholders |
Toyota Tsusho Corporation |
(20.13%) |
||
|
(Percentage of Voting |
Toyota Motor Corporation |
(10.86%) |
||
|
Shares Held %) |
UFJ Bank Ltd. |
(3.96%) |
||
|
|
Aioi Insurance Co., Ltd. |
(3.31%) |
||
|
|
Mitsui Sumitomo Insurance Co.CLtd. |
(2.52%) |
||
|
|
Japan Trustee Services Bank, Ltd. (Trust Account) |
(2.48%) |
||
|
|
The Master Trust Bank of Japan, Ltd. (Trust Account) |
(1.68%) |
||
|
|
Tokio Marine & Nichido Fire Insurance Co., Ltd. |
(1.60%) |
||
|
|
Banca Intesa Client Omnibus Account |
(1.14%) |
||
|
|
Sanyo Chemical Industries, Ltd. |
(1.13%) |
||
|
|
|
|||
|
Bank References |
UFJ Bank Ltd. |
|||
|
|
Sumitomo Mitsui Banking Corporation |
|||
|
|
The Bank of Tokyo-Mitsubishi, Ltd. |
|||
|
|
Mizuho Corporate Bank, Ltd. |
|||
|
|
The Chuo-Mitsui Trust & Banking Co., Ltd. |
|||
|
|
The Norinchukin Bank |
|||
|
|
|
|||
|
Stock Listings |
Tokyo, Osaka, Nagoya Stock Exchanges |
|||
|
|
|
|||
|
Transfer Agent and Register |
The Chuo Mitsui Trust and Banking Co., Ltd. |
|||
CORPORATE
OFFICERS
|
DIRECTORS & MEMBERS OF BOARD |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
HISTORY
|
1920 |
Toyo Menka Kaisha, Ltd. established |
|
1950 |
Listed on the Osaka and Tokyo stock exchanges |
|
1951 |
Toyomenka Inc. (now Tomen America Inc.) established |
|
1955 |
Merger with Kanegafuchi Trading Co., Ltd.; textile
business expanded |
|
1961 |
Merger with Taiyo Bussan Kaisha Ltd.; foodstuffs business
expanded |
|
1963 |
Merger with Nankai Kogyo Co., Ltd.; metals business
expanded |
|
1970 |
Japanese name changed to Kabushiki Kaisha Tomen; dual head
office system (Tokyo, Osaka) adopted |
|
1980 |
Tokyo headquarters relocated to Kokusai Shin-Akasaka
Building in Minato-ku, Tokyo |
|
1990 |
English name changed to Tomen Corporation |
|
1998 |
"Restructuring Plan" announced |
|
2000 |
"Tomen Renovation Plan" announced |
|
|
Tokyo headquarters relocated to Tomen Marunouchi Building
in Chiyoda-ku, Tokyo |
|
|
Private placement of shares worth \7.5 billion to Toyota
Tsusho Corporation |
|
|
Formulation of a new corporate philosophy, "Value
Trader" |
|
2001 |
Osaka Headquarters relocated to Sumitomo Nakanoshima
Building in Kita-ku, Osaka |
|
2003 |
"Tomen Group Medium-term Management Plan"
announced |
|
|
Private placements of shares worth \10.0 billion to Toyota
Tsusho Corporation and Toyota Motor Corporation |
ORGANIZATION
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
OVERSEAS
NETWORK
North
America
|
||
|
@ |
||
U.S.A.
|
||
Tomen
America Inc.
|
||
|
New York Headquarters |
1285 Avenue of the Americas, |
Tel: 1-212-397-4600 |
|
Charlotte Branch |
Suite 150, 2810 Coliseum Centre Drive, Charlotte, North
Carolina 28217, U.S.A. |
Tel: 1-704-357-0050 |
|
Chicago Branch |
2215 Sanders Road, Suite 103N, Northbrook, Illinois
60062-6134, U.S.A. |
Tel: 1-847-849-4010 |
|
Detroit Office |
4000 Town Center, Suite 1260 Southfield, Michigan 48075,
U.S.A. |
Tel: 1-248-352-1870 |
|
Houston Branch |
1300 Post Oak Blvd. Suite 1850, Houston, Texas 77056,
U.S.A. |
Tel: 1-713-626-3610 |
|
Los Angeles Branch |
1977 W. 190th St., Suite 201 |
Tel: 1-310-243-1310 |
|
Portland Branch |
Suite 3018, First Interstate Tower, |
Tel: 1-503-221-1550 |
|
San Diego Office |
2300 Boswell Road, Suite 204 |
Tel: 619-591-7016 |
Canada
|
||
Tomen
Canada Inc.
|
||
|
|
||
|
@ |
160 Bloor Street East, Suite 935, |
Tel: 1-416-868-1103 |
|
Vancouver Branch |
Suite 1770, Crown Life Place, 1500 West Georgia Street,
Vancouver, British Columbia V6G 2Z6, Canada |
Tel: 1-604-682-7436 |
|
|
|
|
|
South
America
|
|||
Mexico
|
|||
Tomen
de Mexico, S.A. de C.V.
|
|||
|
@ |
Blvd. Manuel Avila Camacho No. 40 Desp. 1506 Col. Lomas de
Chapultepec 11000, Mexico, D.F. |
Tel: 52-55-2623-7020 |
|
Brasil
|
|||
Tomen
Corporation do Brasil Ltda.
|
|||
|
@ |
Avenida Paulista 37-5 Andar, Sao Paulo SP, Federative
Republic of Brasil |
Tel: 55-11-3178-1500 |
|
Argentina
|
|||
Tomen
Corporation
|
|||
|
Oficina Representative en la Republica Argentina |
San Martin 627, 7 Piso, Oficina A, 1374 Buenos Aires,
Argentine Republic |
Tel: 54-11-4314-7194 |
|
Chile
|
|||
Tomen
Corporation
|
|||
|
Oficina Corresponsal en Chile (Agencia) |
Luis Thayer Ojeda 236, of. 42, Edificio Pio X,
Providencia, Santiago, Republic of Chile |
Tel: 56-2-365-1390 |
|
Peru
|
|||
Tomen
Corporation
|
|||
|
Oficina Corresponsal en Lima |
Calle Miguel Dasso No.117, 8vo Piso, San Isidro, Lima 27,
Republic of Peru |
Tel: 51-1-422-3410 |
|
Europe
|
|||
U.K.
|
|||
Tomen
(U.K.) Plc
|
|||
|
@ |
13 Charles 2nd Street, London SW1Y 4QT, United Kingdom |
Tel: 44-20-7808-3201 |
|
The
Netherlands
|
|||
Tomen
Netherlands B.V.
|
|||
|
@ |
Westblaak 99, 3012 KG Rotterdam, |
Tel: 31-10-4009300 |
|
Germany
|
|||
Tomen
Deutschland G.m.b.H.
|
|||
|
@ |
Carl-Schurz-Strasse 2, 41460 Neuss, Federal Republic of
Germany |
Tel: 49-0-2131-3691-384 |
|
Italy
|
|||
Tomen
Italia S.p.A.
|
|||
|
@ |
Corso Italia No.6, 20122 Milano, Italian Republic |
Tel: 39-02-72591-555 |
|
France
|
|||
Tomen
France S.A.S.
|
|||
|
@ |
18, Avenue de l'Opera, 75001 Paris, French Republic |
Tel: 33-1-4296-14-56 |
|
Czech
Republic
|
|||
Tomen
Corporation Praha Branch
|
|||
|
@ |
Plzeňsk 3185/5b, Andl city |
Tel: 420-225-091-154 |
|
Russia
|
|||
Tomen
Corporation
|
|||
|
Liaison Representative, Moscow |
Building No.2, Kozhevnichesky Proezd 4, Moscow 115114,
Russian Federation |
Tel: 7-095-540-7567 |
|
Africa
|
|||
Egypt
|
|||
Tomen
Corporation
|
|||
|
|
|||
|
Liaison Representative, Cairo |
6th Floor, El Yasmin Building, AT 15 Wadielnile Street,
Mohandeseen, Cairo, Arab Republic of Egypt |
Tel: 20-2-3051161 |
|
|
|
|||
|
Liaison Representative, Alexandria |
5 Gawad Hosni Street, Ibrahimya, 5th Floor, Flat No.12,
Alexandria, Arab Republic of Egypt |
Tel: 20-3-4257735 |
|
|
|
|||
|
@ |
|||
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 |