MIRA INFORM REPORT

 

 

Report Date :

05.10.2007

 

IDENTIFICATION DETAILS

 

Name :

GAKUSHUKAI, KK

 

 

Registered Office :

Osaka Ekimae Daiichi Bldg 5F, 1-3-1 Umeda Kitaku Osaka 530-0001

 

 

Country :

Japan

 

 

Date of Incorporation :

Oct 1984

 

 

Com. Reg. No.:

1290-01-062182

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Agent organizer of overseas music concert, seminars, overseas studies

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Maximum Credit Limit :

Yen 2 millions

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular


name

 

GAKUSHUKAI, KK

 

 

REGD NAME

 

KK Gakushukai

 

 

MAIN OFFICE

 

Osaka Ekimae Daiichi Bldg 5F, 1-3-1 Umeda Kitaku Osaka 530-0001 JAPAN

Tel        : 06-6341-1671

Fax       : 06-6347-1413

URL      : http://www.gakushu-kai.com

E-Mail address: mail@gakushu-kai.com

 

*.. Moved to the caption address in Nov/2004 from the former at: 2-4-11 Umeda Kitaku Osaka, as given

                       

 

ACTIVITIES

 

Agent organizer of overseas music concert, seminars, overseas studies

 

 

BRANCHES

 

Nil

 

 

OFFICERS

 

AKIRA YAMAGAMI, PRES

Hiroshi Segawa, dir

Kaoru Fujimaki, dir

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        FAIR                             A/SALES          Yen 100 M*

PAYMENTS      REGULAR                     CAPITAL           Yen 10 M

TREND             STEADY                       WORTH            Yen 87 M*

STARTED         1984                             EMPLOYES      3

                                                            *.. Estimates only as the firm does not disclose financials.

 

 

COMMENT

 

AGENT ORGANIZER OF OVERSEAS MUSIC CONCERT, MUSIC SEMINARS. FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

                       

MAX CREDIT LIMIT: YEN 2 MILLION, 30 DAYS, SECURED TERMS

 

RECOMMENDED ON NEW TRANSACTIONS. 

 

 

HIGHLIGHTS

           

The subject company was established by Akira Yamagami in order to make most of his previous experience in the subject line of business.  This is an agent organizer of music concert, music seminars, tutoring, other in Europe.  Overseas music studies are also arranged.  Countries are all over Europe.  Also organizes music seminars domestically.

 

 

FINANCIAL INFORMATION

           

The firm does not disclose financials and to our request the pres, A Yamagami, declined to say anything on the financials.  All figures are estimated taking into estimates of outside sources.

 

The sales volume for Dec/2006 fiscal term is estimated amounted to Yen 100 million, a similar amount in the previous term.  The net profit is estimated posted at Yen 5 million.  Sales are thought to be at a steady pace.

 

For the current term ending Dec 2007 the net profit is projected at Yen 5 million, on a similar turnover, at Yen 100 million.

 

The financial situation is considered maintained FAIR and good for ORDINARY business engagements.  Max credit limit is estimated at Yen 2 million, on 30 days terms, recommending fully secured terms on new transactions.  Financials are only estimated and not verified.

 

 

REGISTRATION

 

Date Registered:            Oct 1984

Regd No.:                      1290-01-062182

Legal Status:                 Limited Company (Kabushiki Kaisha)

Authorized:                    480 shares

Issued:                          200 shares

Sum:                            Yen 10 million

Major shareholders (%): Akira Yamagami (100)

           

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

 

 

OPERATION

 

Activities: Agent organizer of music concert, music seminars, tutoring, private lessons, overseas studies, music festivals, others in Europe (--100%).

 

 

Individual application & participation is offered and accepted online.

 

Organizing countries: Austria, Hungary, Germany, Switz, France, Spain, Italy, UK, Belgium, Luxemburg, other.

 

Clients: Individual participants, other 

 

No. of accounts: Unavailable

 

Domestic areas of activities: Nationwide

 

Suppliers: [Music concert organizers, music institutions] Organizes in Austria, Hungary, Switz, Germany, France, Spain, UK, Belgium, Luxemburg, other.

 

Payment record: Regular

 

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

 

 

Bank References

 

Mizuho Bank (Umeda)

 

Relations: Money deposits and transfers only.

 

 

FINANCES

 

(In Million Yen)

 

NOT MADE AVAILABLE

 


 

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