MIRA
INFORM REPORT
|
Report Date : |
21.09.2007 |
IDENTIFICATION DETAILS
|
Name : |
OCHIAI CO LTD |
|
|
|
|
Registered Office : |
682-8 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
Aug 2006 |
|
|
|
|
Legal Form : |
Private Limited Company (Yugen
Kaisha) |
|
|
|
|
Line of Business : |
Wholesale of electric goods,
parts & components |
RATING & COMMENTS
|
MIRA’s Rating : |
NR |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
Status : |
Undetermined |
name
OCHIAI CO LTD
REGD NAME
YK Ochiai
MAIN OFFICE
682-8 Hinata Izu
City Shizuoka-Pref 410-2406
Tel : 0558-72-5058
Fax : 0558-72-5058
URL : N/A
ACTIVITIES
Wholesale
of electric goods, parts & components
BRANCHES
Nil
FACTORY(IES)
(subcontracted)
OFFICERS
EIICHI
OCHIAI, PRES
Mayumi
Ochiai, dir
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
3 M
STARTED 2006 EMPLOYES 2
*..
Estimated only
COMMENT
WHOLESALER SPECIALIZING IN ELECTRIC GOODS. FINANCIAL SITUATION NOT DETERMINED DUE TO THE LACK OF MANAGEMENT & FINANCIAL INFORMATION, WHICH THE OWNER DECLINED TO DISCLOSE, BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: UNBLE TO BE ASSESSED DUE TO THA LACK OF FINANCIALS. ANY CREDITS ARE RECOMMENDED TO BE UNDER FULL GUARANTEE.
HIGHLIGHTS
The subject company was established by Eiichi Ochiai in order to make most of his experience in the subject line of business. This is a family-based company, operating from the home address, for wholesaling electric goods. The owner declined to divulge any of its management, financials and other details, saying that the firm has no overseas business transactions, and that his clients are well informed of the company details. We have obtained Corporate Registration Certificate and the contents here are cited from the Certificate. The firm has mfg division and goods are consigned mfg to local factories. They are also retailed.
FINANCIAL INFORMATION
The annual sales are estimated about Yen 30 million. The owner refused to disclose figures and this is only estimated. The net worth is expressed by the paid-up capital.
Both the financial situation and business trends are not determined due to the lack of financials but should be good for MODERATE business engagements. Max credit limit is unable to be assessed due to the same reason. We recommend that any and all credits to be fully guaranteed terms.
REGISTRATION
Date
Registered: Aug 2006
Legal
Status: Private Limited
Company (Yugen Kaisha)
Regd
Capital: Yen 3 million
Major shareholders (%): Eiichi
Ochiai (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Wholesales electric goods, parts & components (--100%).
Also
engaged in real estate broking and restaurant operation, but details
unavailable.
Clients:
Local stores, wholesalers, other.
No. of
accounts: Unavailable
Domestic
areas of activities: Limited in Shizuoka-Pref
Suppliers:
[Mfrs, wholesalers] Details not disclosed.
Payment
record: Regular
Location: Business area in
Bank References
Shizuoka
Bank (Izu)
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%)