MIRA
INFORM REPORT
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Report Date : |
30.05.2007 |
IDENTIFICATION DETAILS
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Name : |
PLT JAPAN INC |
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Registered Office : |
Okade Bldg 301, 3-59 |
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Country : |
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Date of Incorporation : |
May 2006 |
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Legal Form : |
Private Limited Company (Yugen
Gaisha) |
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Line of Business : |
Agent importer of photo
developing machines |
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 Company |
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Payment Behaviour : |
Regular |
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Litigation : |
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name
PLT JAPAN INC
REGD NAME
YK Photo Labotech
MAIN OFFICE
Okade Bldg 301,
3-59 Chuo Kitamoto City Saitama-Pref 364-0031
Tel : 048-591-9101
Fax : 048-591-8789
URL : http://www.photolabotek.com
E-Mail
address: info@photolabotek.com
ACTIVITIES
Agent
importer of photo developing machines
BRANCHES
Nil
OFFICERS
VIRKOF
SKISTAN, PRES (phonetically spelled only)
Yuko
Hinosugi, 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 1
*..
Only estimated from the phone conversation with Y Hinosugi.
COMMENT
AGENT IMPORTER OF AUTOMATIC PHOTO DEVELOPING MACHINES. FINANCIAL SITUATION UNDETERMINED DUE TO THE RECENT INCEPTION BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE ABSENCE OF PROVEN BUSINESS.
HIGHLIGHTS
The subject company was established by Yuko Hinosugi in order
to make most of her experience in the subject line of business. V Skistan (as phonetically spelled) is her
husband as listed in the Registration Certificate at the same address. Yuko Hinosugi declined to divulge information
any further than is outlined in the Registration Certificate. This is agent importer of automatic
developing machines supplying to Kiosk stores.
Imports from GTI Graphic Technology Inc,
FINANCIAL INFORMATION
The sales volume for Jun 2007 for the first fiscal term is projected at Yen 100 million, as estimated from phone conversation with the owner.
Both the financial situation and business trends are not determined due to the recent inception but should be good for MODERATE business engagements. Max credit limit is unable to assess due to the lack of proven business records. The proposed amount is considered TOO HIGH from the professed targeted sales amount. This will have to be assessed, however, after having obtained proven sales records.
REGISTRATION
Date
Registered: May 2006
Legal
Status: Private Limited
Company (Yugen Gaisha)
(Registered
No. 0309-02-002120)
Regd
Capital: Yen 3 million
Major shareholders (%): Yuko Hinosugi
(100)Yuko Hinosugi (100)
Nothing
detrimental is known as to her commercial morality.
OPERATION
Activities: Agent importer of automatic developing machines (100%).
Clients:
[Chain stores] Kiosk, other
No. of
accounts: Limited
Domestic
areas of activities: Centered in greater-Tokyo
Suppliers:
[Mfrs] imports from GTI Graphic Technology Inc,
Payment
record: Regular
Location: Business area in
Bank References
Local
Bank (Undisclosed)
Relations:
Money deposits and transfers only.
FINANCES
(In
Million Yen)
NOT
YET 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%)