MIRA
INFORM REPORT
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Report Date : |
15.06.2007 |
IDENTIFICATION DETAILS
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Name : |
P & G NORTHEAST ASIA PTE LTD |
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Registered Office : |
1-17 Koyocho-Naka Higashinadaku |
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Country : |
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Date of Incorporation : |
2001 |
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Legal Form : |
Branch of Foreign Company |
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Line of Business : |
Marketing & product development consultant |
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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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
COMPANY NAME & ADDRESS
P & G NORTHEAST ASIA PTE LTD
REGD NAME : P&G Northeast Asia Pte Ltd
(Branch Office)
MAIN OFFICE :
1-17 Koyocho-Naka Higashinadaku Kobe 658-0032
Tel :
078-845-5000
Fax :
078-845-6940
URL : http://jp.pg.com / (Of the
parent, P&G Far East Inc)
E-Mail address : Not
specified
ACTIVITIES
Marketing & product development consultant
BRANCHES
Nil
OFFICER(S)
CLEGG S BEINER, REP & DIRECTOR
SHIVESH
Yen Amount
In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 267,000 M
PAYMENTS REGULAR CAPITAL S$ 5,925,332
TREND STEADY WORTH - - -
STARTED 2001 EMPLOYES 309
The only available sales amount for the 30/06/2004 fiscal
term. Since then the firm stopped
disclosing any of its figures. Capital,
refer to the top parent, P&G Far East Inc. Net Worth figures are not
available.
COMMENT
MARKETING CONSULTANT, BRANCH OFFICE OF P&G NORTHEAST
ASIA PTE LTD, SINGAPORE, WHOLLY OWNED BY P&G INTERNATIONAL OPERATIONS PTE,
SINGAPORE. FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR PROPER BUSINESS
ENGAGEMENTS.
MAX CREDIT LIMIT: ESTIMATED AT YEN 1,552.1 MILLION, 30 DAYS
TERMS, BASED ON THE ONLY AVAILABLE FIGURES FOR THE JUN/2004 FISCAL TERM.
GAURANTEES ARE RECOMMENDED FROM THE PARENT, P&G FAR EAST
OPERATIONS PTE LTD,
HIGHLIGHTS
The subject company was established as Branch Office of
P&G Northeast Asia Pte Ltd,
FINANCIAL
INFORMATION:
Financials are not disclosed, except for the 30/06/2004
fiscal term, when the firm reported Yen 267,000 million sales turnover ant Yen
2,017 million pre-tax profits (disclosed from the Taxation Office). The firm declined to divulge any information
on the financials, saying they are the matter essentially handled by the
Headquarters in
The financial situation is considered FAIR and good for
PROPER business engagements. Max credit
limit is estimated at Yen 1,552.1 million, 30 days, based on the only available
data. We strongly recommend payment
guarantees from the parent, P&G International Operations Pte Ltd,
REGISTRATION
Date Registered : Feb
2001
Legal Status :
Branch Office
Sum :
S$5,925,322.00
Major shareholders
(%)
P&G International Operations Pte Ltd,
Nothing detrimental is known as to the commercial morality
of executives.
OPERATION
Activities: Consultant providing total development &
research advices on products to be developed and marketed in the
Clients :
[Mfrs] P&G group firms
No. of accounts :
Unavailable
Domestic areas of activities :
Nationwide
Suppliers :
Mfrs, research institutes, other
Payment record
Regular
Location
Business area in
Bank References
City Bank NA (
MUFG (Osaka-Chuo)
Relations: Satisfactory
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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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%)