MIRA
INFORM REPORT
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Report Date : |
11.05.2007 |
IDENTIFICATION DETAILS
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Name : |
MIKI TOURIST KK |
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Registered Office : |
Sumitomo Hamamatsucho Bldg, 1-18-16 Minatoku |
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Country : |
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Date of Incorporation : |
Jul 1988 |
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Legal Form : |
Limited Company (Kabushiki
Kaisha) |
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Line of Business : |
Travel agency, tour operator |
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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Maximum Credit Limit : |
Yen 875 millions |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
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name
MIKI TOURIST KK
REGD NAME
KK Miki Tourist
MAIN OFFICE
Sumitomo
Hamamatsucho Bldg, 1-18-16 Minatoku Tokyo 105-0013
Tel:
03-5404-8811
URL: http://www.mikitourist.co.jp
E-Mail
address: info@mikitourist.co.jp
ACTIVITIES
Travel
agency, tour operator
LICENSE
Ministry
of Transport Travel Agency License No. 1100
BRANCHES
OVERSEAS
Europe
(26),
(Partners): American Tours Int’l Inc; Erm Tours (Pty) Ltd; ID
Tours South Pacific Ltd; Jonview
Canada Inc
OFFICERS
MASAAKI
KAGESHIMA, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 50,000 M*
PAYMENTS REGULAR CAPITAL Yen 98 M
TREND STEADY WORTH Yen
458 M
STARTED 1988 EMPLOYES 370
*..
Estimated figures only.
COMMENT
TRAVEL AGENCY & TOUR OPERATOR. FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: YEN 875 MILLION, 30 DAYS
HIGHLIGHTS
The subject company was established originally in 1967 by Miki
Tourist (
General agent for: World Cup Soccer (Italy) (1990); World Cup
Rugby (England) (1991); Viking Lines
(1993), Royal Olympia Cruise (1995), Celebrity Cruise (1996); Royal Caribbean
International (1998); Disneyland Resort Paris (2001).
FINANCIAL INFORMATION
The firm does not disclose any of its financials. No other databases can provide any financial information, either.
The annual sales volume is only estimated at around Yen 50,000 to 55,000 million, but not verified by outside sources. The firm does not divulge financials.
The financial situation is considered FAIR and good for ORDINARY business engagements. Max credit limit is estimated at Yen 875 million, on 30 days normal terms, based on the estimated sales amount.
REGISTRATION
Date
Registered: Jul 1988
Legal
Status: Limited Company
(Kabushiki Kaisha)
Authorized: 196,000 shares
Issued: 196,000 shares
Sum: Yen 98 million
Major shareholders (%): GM
Communications Ltd (
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Travel agency & tour operator, licensed No.1100
from the Ministry of Transport (100%).
Offers and arranges overseas hotels, bus tours, sightseeing, rails, restaurants, guide (language, etc), cruising, wedding, other related services.
Also provides Japanese travel agencies with tour-handling services.
Clients: [Travel agents, travelers, business firms] Kinki Nippon Tourist, JTB Top Tour, Nippon Travel Agency, Nippon Express, Meitetsu World Travel, Nishitetsu Travel, Hankyu Express International, other.
No. of
accounts: 1,000
Domestic
areas of activities: Nationwide
Suppliers: [Airlines, travel agencies] American Tours Int’l, ID Tours South Pacific, Erm Tours, Jonview Canada Inc, other.
Payment
record: Regular
Location: Business area in
Bank References
Mizuho
Bank (Yotsuya)
SMBC (
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%)