MIRA
INFORM REPORT
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Report Date : |
18.07.2007 |
IDENTIFICATION DETAILS
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Name : |
SHIVAH SAWA SHOJI |
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Registered Office : |
156-48 |
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Country : |
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Date of Incorporation : |
Jan
2004 |
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Legal Form : |
Limited Partnership Company |
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Line of Business : |
Export, import of cheek woods
out of Yangon, Burma |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
Yen 26 millions |
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Status : |
Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
-- |
name
SHIVAH SAWA SHOJI
REGD NAME
Shivah Sawa Shoji
(partnership)
MAIN OFFICE
156-48 Oowada-Shinden
Yachiyo City Chiba-Pref 276-0046
Tel : 047-450-2391
Fax : 047-450-1392
URL : N/A
ACTIVITIES
Export,
import of cheek woods out of
BRANCHES
OFFICERS
HIDEYUKI
SAWAMURA, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 1,500 M*
PAYMENTS REGULAR CAPITAL Yen 10 M
TREND STEADY WORTH Yen
10 M
STARTED 2004 EMPLOYES 1
*..
Professed by the owner but not verified by third parties.
COMMENT
COMMISSION MERCHANT OR IMPORT AND EXPORT OF CHEEK WOOD OUT OF
MAX
CREDIT LIMIT: YEN 26 MILLION, 30 DAYS NORMAL TERMS.
HIGHLIGHTS
The subject company was established by Hideyuki Sawamura in
order to make most of his experience in the subject line of business. This is a one-man operated trading firm
specializing in import, export and wholesale of cheek woods & products out
of
FINANCIAL INFORMATION
Financials are not disclosed. We have obtained the following figures from the owner privately over the telephone.
The sales volume for Dec/2006 fiscal term is said amounted to Yen 1,500 million, a similar amount in the previous term. The net profit was posted at yen 15 million, similarly in the last term.
For the current term ending Dec 2007 the net profit is projected at Yen 15 million, on a similar turnover, at Yen 1,500 million.
The financial situation is considered maintained FAIR and good for ORDINARY business engagements. Max credit limit is estimated at Yen 26 million, on 30 days normal terms.
REGISTRATION
Date Registered: Jan
2004
Legal
Status: Limited
Partnership Company (Goshi Kaisha)
Invested
Amount: Yen 10 million
Major shareholders (%): Hideyuki
Sawamura & partners (--100)
No. of shareholders: 5
Nothing detrimental is known as to the commercial morality
of executives.
OPERATION
Activities: Imports, exports and wholesales cheek woods &
products, out of
Clients:
[Mfrs, wholesalers] Exports from
No. of
accounts: Unavailable
Domestic
areas of activities: Nationwide
Suppliers: [Mfrs, wholesalers] Exports from
Payment record: Regular
Location: Business area in
Bank References
Bank
of
Relations:
Satisfactory
FINANCES
(In Million Yen)
NOT 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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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%)