MIRA
INFORM REPORT
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Report Date : |
20th
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
DIGITAL
CAFÉ-IN INC |
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Registered Office : |
Shin
Osaka Prime Tower 14F, 6-1-1 Nishinakajima Yodogawaku Osaka 532-0011, Japan |
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Country : |
Japan |
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Date of Incorporation : |
January
2003 |
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Legal Form : |
Private Limited Company (Yugen Gaisha) |
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Line of Business : |
Provider of surfing, surfing events, matches, weather forecasts,
and Other associated information on the Internet and thru TV media |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
Undetermined |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company Name
DIGITAL
CAFÉ-IN INC
REGD NAME
YK
Digital Management
MAIN OFFICE
Shin
Osaka Prime Tower 14F, 6-1-1 Nishinakajima Yodogawaku Osaka 532-0011 JAPAN
Tel : 06-6889-8442
Fax : 06-6889-8443
URL :
http://www.digicafe.net/i
E-Mail address :
info@digicafe.net
ACTIVITIES
Internet & TV media provider of surfing, weather forecasts,
surfing spots
BRANCHES
Nil
OFFICERS
MASAKAZU USHIO, PRES
Yen Amount
In million Yen, unless otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 100 M*
PAYMENTS REGULAR CAPITAL Yen 3 M
TREND UNDETD WORTH Yen 10 M
STARTED 2003 EMPLOYES 5
*.. Estimated only
COMMENT
INTERNET ONLINE & TV MEDIA PROVIDER ON SURFING. .
FINANCIAL SITUATION UNDETERMINED DUE TO LACK OF FINANCIALS BUT
SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: UNABLE TO ASSESS DUE TO THE LACK OF PROVEN
FINANCIALS. .
HIGHLIGHTS
The subject company was established by Masakazu Ushio in order to
make most of his experience in surfing business. This is an Internet online & TV media provider of surfing,
surfing spots, weather forecasts, other associated information and services,
including domestic and overseas
news and events. The firm does not
disclose full management (only limited as contained herein) and no outside
sources have any information other than contained herein.
FINANCIAL INFORMATION
The sales volume for Dec/2006 fiscal term is only estimated
amounted to Yen 100 million, a similar amount in the previous term. The profits are believed to be breakeven.
For the current term ending Dec 2007 the net profit is projected
at Yen 1 million, on a 10% rise in turnover, to Yen 110 million. Forecasts are only estimated from
conversation with the firm’s treasurer.
The financial situation is considered undetermined due to the lack
of financials but should be good for MODERATE business engagements. Max credit limit cannot be assessed due to
the lack of financials. All credits are
recommended on fully guaranteed terms.
REGISTRATION
Date Registered : Jan 2003
Legal Status :
Private Limited Company (Yugen Gaisha)
Regd Capital :
Yen 3 million
Major shareholders (%)
Masakazu Ushio (100)
Nothing detrimental is known as to his commercial morality.
OPERATION
Activities: Provider of surfing, surfing events, matches, weather
forecasts, and Other associated information on the Internet and thru TV media
(--100%)
TV media used: Sky Perfect TV; FM Osaka, J-Wave, I-size, other.
Clients
Online visitors, other
No. of accounts
Unavailable
Domestic areas of activities
Nationwide
Suppliers
Sports clubs, newspapers, other.
Payment record
Regular
Location
Business area in Osaka.
Office premises at the caption address are leased and maintained
satisfactorily.
Bank References
Local Bank (Not disclosed)
Relations: Money deposits and transfers only.
FINANCES
(In Million Yen)
Not made available
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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