MIRA INFORM REPORT

 

 

 

Report Date :

29th January, 2007

 

Com. Reg. No.:

0110-02-029521

 

IDENTIFICATION DETAILS

 

Name :

K’S INVESTMENT LTD

 

 

Registered Office :

3-14-20 Shoan Suginamiku Tokyo 167-0054, Japan

 

 

Country :

Japan

 

 

Date of Incorporation :

March 2006

 

 

Legal Form :

Private Limited Company (Kabushiki Gaisha)

 

 

Line of Business :

Rental, leasing of private houses, flats & condominiums, not for office-us.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

New Company

 

 

Payment Behaviour :

Regular

 

 

Litigation :

--

 


Company Name

 

K’S INVESTMENT LTD

 

 

REGD NAME

 

YK Keizu Investment

 

 

MAIN OFFICE

 

3-14-20 Shoan Suginamiku Tokyo 167-0054 JAPAN

Tel        : Not registered

URL      : N/A

 

 

ACTIVITIES

 

Leasing of houses, flats

 

 

BRANCHES

 

Nil

 

 

OFFICERS

 

SHUMPEI KANEKO, PRES

 

 

Yen Amount

 

In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        UNDETD                       A/SALES          Yen 100 M*

PAYMENTS      REGULAR                     CAPITAL           Yen 5 M

TREND             UNDETD                       WORTH            Yen 5 M

STARTED         2006                             EMPLOYES      1

*.. Target for the first year

 

 

COMMENT

 

HOUSE RENTAL BUSINESS.

FINANCIAL SITUATION UNDETERMINED DUE TO THE RECENT INCEPTION BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.

 

MAX CREDIT LIMIT: UNABLE TO ASSESS DUE TO LACK OF PROVEN BUSINESS RECORDS.

 

 

HIGHLIGHTS

 

The subject company was established by Shumpei Kaneko in order to make most of his experience in the subject line of business. This is a house rental business for individuals: houses, flats and condominiums, and not for office use. The firm does not disclose phone/Fax numbers and no such numbers are registered with the local Telephone Office.  No other outside information is available except contained herein.

 

 

FINANCIAL INFORMATION

 

The sales volume for the initial one year period is projected at Yen 100 to 200 million. This is only estimated based on the estimates of local housing business firms, and not confirmed.

 

Both the financial situation and business trends are not determined due to the recent inception and lack of management information, but should be good for MODERATE business engagements.  Max credit limit is unable to be assessed due to the absence of proven business results.

 

 

REGISTRATION

 

Date Registered : Mar 2006

Legal Status                  : Private Limited Company (Kabushiki Gaisha)

Regd Capital                  : Yen 5 million

 

 

Major shareholders (%)

 

Shumpei Kaneko (100)

 

Nothing detrimental is known as to his commercial morality.

 

 

OPERATION

 

Activities: Rental, leasing of private houses, flats & condominiums, not for office-use (--100%).

 

 

Clients

 

Tenants, real-estate brokers, other

 

 

No. of accounts

 

Unavailable

 

 

Domestic areas of activities

 

Centered in greater-Tokyo

 

 

Suppliers

 

House owners, construction firms, real-estate brokers, other.

 

 

Payment record

 

Regular

 

 

Location

 

Business area in Tokyo.  Office premises at the caption address are owned privately by S Kaneko as his home residence and maintained satisfactorily.

 

 

Bank References

 

Local Bank (unavailable)

Relations: Money deposits and transfers only.

 

 

FINANCES

 

(In Million Yen)

NOT AVAILABLE AS YET.


 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions