MIRA
INFORM REPORT
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Report Date : |
09.05.2007 |
IDENTIFICATION DETAILS
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Name : |
HEIWA SHOJI CO LTD |
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Registered Office : |
4-32-3 Matsumotocho Kanagawaku |
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Country : |
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Date of Incorporation : |
Nov
2003 |
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Legal Form : |
Private
Limited Company (Yugen Gaisha) |
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Line of Business : |
Import
and retail (online) of pet foods, pet deodorant, pet-related goods. |
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 : |
Moderate |
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Payment Behaviour : |
Regular |
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Litigation : |
-- |
name
HEIWA SHOJI CO LTD
REGD NAME
YK Heiwa Shoji
MAIN OFFICE
4-32-3
Matsumotocho Kanagawaku
Tel: 045-290-5667
Fax: 045-290-5667
URL: Nil
E-Mail
address: nobuigarashi@juno.ocn.ne.jp
ACTIVITIES
Import,
retail (online) of pet foods, pet deodorant, pet-related goods
BRANCHES
Nil
OFFICERS
NOBUO
IGARASHI, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 30 M*
PAYMENTS REGULAR CAPITAL Yen 3 M
TREND UNDETD WORTH Yen
10 M*
STARTED 2003 EMPLOYES 1
*..
Estimated figures only
COMMENT
IMPORTER AND ONLINE RETAILER OF PET FOODS & PET GOODS. FINANCIAL SITUATION CONSIDERED UNDETERMINED DUE TO THE LACK OF FINANCIALS WITH PROVEN BUSINESS RESULTS BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: UNABLE TO BE ASSESSED WITHOUT PROVEN BUSINESS RESULTS.
HIGHLIGHTS
The subject company was established by Nobuo Igarashi in order to make most of his experience in the subject line of business. This is a retailer of pet foods, pet deodorant, and other pet related goods, retailed mostly online, imported from overseas. The firm does not disclose managerial and financial details except as herein stated. No other sources have any better information.
FINANCIAL INFORMATION
The sales volume for Dec/2006 fiscal term is only estimated amounted to Yen 30 million, a similar amount in the previous term. The figures are only estimated.
Both the financial situation and business trends are not determined due to the lack of information on financials but should be good for MODERATE business engagements. So long as the firm has been doing business since the inception in 2003 we consider that business is conducted without hindrance. Max credit limit is unable to be assessed in the lack of proven business results. Any credits on new transactions are recommended on guaranteed terms.
REGISTRATION
Date
Registered: Nov 2003
Legal
Status: Private Limited
Company (Yugen Gaisha)
Regd
Capital: Yen 3 million
Major
shareholders (%): Nobuo Igarashi (100)
Nothing
detrimental is known as to his commercial morality.
OPERATION
Activities: Imports and retails pet foods, pet deodorant, other per-related goods (--100%).
Clients:
Consumers
No. of
accounts: Unavailable
Domestic
areas of activities: Centered in
Suppliers:
[Mfrs, wholesalers] Goods are imported, and supplied domestically.
Payment
record: Regular
Location: Business area in
Bank References
Local
Bank (presumably Bank of
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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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%)