MIRA INFORM REPORT

 

 

Report Date :

05.11.2007

 

IDENTIFICATION DETAILS

 

Name :

AMAZYOU PLANNING CO., LTD

 

 

Formerly Known as :

YOSHINORI AMANO

 

 

Registered Office :

Ginza 1-Chome Bldg 4F, 1-15-4 Ginza Chuoku Tokyo 104-0061

 

 

Country :

Japan

 

 

Date of Incorporation :

December 2001

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Importer and Wholesaler of Cosmetics

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

YEN 5.3 million

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 


name and address

 

AMAZYOU PLANNING CO LTD

REGD NAME:   KK AmazYou Planning

MAIN OFFICE:  Ginza 1-Chome Bldg 4F, 1-15-4 Ginza Chuoku Tokyo 104-0061 JAPAN

                        Tel: 03-5250-7231     Fax: 03-5250-2131

                       

URL:                 http://www.ayp.jp

E-Mail address: info@ayp.jp

 

ACTIVITIES:      Import, wholesale of cosmetics

 

BRANCHES:     Nil

 

OFFICERS:       YOSHINORI AMANO, PRES

                        Shinobu Ishiguro, mgn dir

                        Komao Ishiguro, dir

 

Yen Amount:     In million Yen, unless otherwise stated

 

SUMMARY:      FINANCES        FAIR                             A/SALES          Yen 300 M

                        PAYMENTS      REGULAR                     CAPITAL           Yen 71 M

                        TREND             STEADY                       WORTH            Yen 205 M

                        STARTED         2001                             EMPLOYES      5

 

COMMENT:      TRADING FIRM SPECIALIZING IN COSMETICS.

                        FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY

                        BUSINESS ENGAGEMENTS.

                       

                        MAX CREDIT LIMIT: YEN 5.3 MILLION, 30 DAYS NORMAL TERMS.  .

 

 

HIGHLIGHTS:

           

The subject company was established by Yoshinori Amano in order to make most of his ex-    perience in the subject line of business. Originally started as a shop designing office and later shifted the business line of import and wholesale of fragrances.  Acquired Angel Heart Co Ltd and now marketing cosmetics by “Angel Heart” brand.  Clients are local cosmetics shops, wholesalers, etc.

 

 

FINANCIAL INFORMATION:

           

Financials are not disclosed and the following figures have been provided from outside sources.

 

The sales volume for Sept/2006 fiscal term amounted to Yen 300 million, a similar amount in the previous term.  The net profit is believed posted at Yen 270 million.  The net worth as at 31/12/2006 fiscal term is believed at Yen 205 million.  The firm reported pre-tax profits (disclosed by the Taxation Office) at Yen 457 million for the 30/09/2005 fiscal term.

 

For the term ended Sept 2007 the net profit is believed posted at Yen 275 million, on a 10% rise in turnover, to Yen 330 million.  Weaker Yen should have contributed to the sales growth.

 

The financial situation is considered maintained FAIR and good for ORDINARY business engagements.  Max credit limit is estimated at Yen 5.3 million, on 30 days normal terms. 

 

 

REGISTRATION

 

            Date Registered:Dec 2001

            Legal Status:     Limited Company (Kabushiki Kaisha)

            Authorized:        5,680 shares

            Issued:              1,420 shares

            Sum:                Yen 71.125 million

           

Major shareholders (%): Yoshinori Amano (100)

           

            Nothing detrimental is known as to the commercial morality of executives.

 

 

OPERATION:

 

Activities: Import, wholesale of cosmetics: perfumes, shampoos, body lotion, conditioners, hand jelly, hair-care goods, face lotion, milky lotion, jell, others (--100%).

 

            Clients: Local cosmetics stores, wholesalers, chain stores, other 

            No. of accounts: 200

            Domestic areas of activities: Centered in greater-Tokyo

 

            Suppliers: Mfrs, wholesalers, other (Details not disclosed)

 

Payment record: Regular

 

Location: Business area in Tokyo.  Office premises at the caption address are leased and maintained satisfactorily.

 

     Bank References:

                        MUFG (Ueno)

                        Mizuho Bank (Ginza-Chuo)

                        Relations: Satisfactory

 

 

FINANCES: (In Million Yen)

 

NOT DISCLOSED

 


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions