MIRA
INFORM REPORT
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Report Date : |
21.06.2007 |
IDENTIFICATION DETAILS
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Name : |
FLOR VERDE CO LTD |
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Registered Office : |
Tanmachi Clean Mansion 704, 1-10-2 Tanmachi Kanagawaku |
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Country : |
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Date of Incorporation : |
Aug 2006 |
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Com. Reg. No.: |
0200-01-048397 |
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Legal Form : |
Limited Company (Kabushiki
Kaisha) |
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Line of Business : |
Import, wholesale of cut
flowers |
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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Status : |
New and Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
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name
FLOR VERDE CO LTD
REGD NAME
KK Flor Verde
MAIN OFFICE
Tanmachi Clean Mansion 704, 1-10-2 Tanmachi Kanagawaku
Tel : 045-321-3758
Fax : 045-321-3758
URL : N/A
ACTIVITIES
Import,
wholesale of cut flowers
BRANCHES
Nil
OFFICERS
EVELYN
SUYAMA, PRES
Yasumune
Suyama, dir
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
3 M
STARTED 2006 EMPLOYES 3
*.. Target for the initial term.
COMMENT
IMPORTER AND WHOLESALER SPECIALIZING IN CUT FLOWERS. FINANCIAL SITUATION NOT DETERMINED DUE TO THE
RECENT INCEPTION BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: UNABLE TO ASSESS DUE TO THE RECENT INCEPTION AND WITHOUT PROVEN BUSINESS.
HIGHLIGHTS
The subject company was established by Evelyn Hayama and Yasumune
Hayama in order to make most of their experience in the subject line of
business. This is a trading firm
specializing in import and wholesale of cut flower. The firm declined to divulge any information
on management and operations and all the information herein are cited from the
Registration Certificate.
FINANCIAL INFORMATION
The sales volume for the initial term ending Jul/2007 is targeted at around Yen 100 million, which we estimated from the brief conversation with Y Suyama.
Both the financial situation and business trends are not determined due to the recent inception and without proven business records, but should be good for MODERATE business engagements. Max credit limit is unable to be assessed due to the same reason. Any credits are recommended with guaranteed terms.
REGISTRATION
Date
Registered: Aug 2006
Regd
Number: 0200-01-048397
Legal
Status: Limited Company
(Kabushiki Kaisha)
Authorized: 100 shares
Issued: 30 shares
Sum: Yen 3 million
Major shareholders (%): Evelyn
& Yasumune Suyama and families (100)
No. of shareholders: 3
Nothing detrimental is known as to the commercial morality of executives.
OPERATION
Activities:
Imports and wholesales cut flowers (100%).
Clients:
Flower stores, consumers, other.
No. of
accounts: Unavailable
Domestic
areas of activities: Centered in
Suppliers:
[Growers, wholesalers] Cut flowers are imported.
Payment
record: Regular
Location: Business area in
Bank References
Local
Bank (Not specified)
Relations:
Money deposits and transfers only.
FINANCES
(In
Million Yen)
NOT
YET 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%)