MIRA
INFORM REPORT
|
Report Date : |
03.04.2008 |
IDENTIFICATION
DETAILS
|
Name : |
SCROLL GIKEN LLC |
|
|
|
|
Registered Office : |
Kamiya Bldg 401, 1-2-4 Tsuruyacho Kanagawaku Yokohama 221-0835 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Date of Incorporation : |
February 2004 |
|
|
|
|
Com. Reg. No.: |
(Yokohama) 0200-02-079064 |
|
|
|
|
Legal Form : |
Private Limited Company (Yugen Gaisha) |
|
|
|
|
Line of Business : |
Engineering of scroll technology |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Regular |
name & address
SCROLL GIKEN LLC
REGD NAME: YK Scroll Giken (Giken
means Engineering Technology)
MAIN OFFICE: Kamiya Bldg 401,
1-2-4 Tsuruyacho Kanagawaku Yokohama 221-0835 JAPAN
Tel:
045-311-0432 (of the Bldg, as the firm does not disclose Tel number)
*
Registered at: Kikuna Heights 702, 1-480 Mamedocho Kohokuku Yokohama
URL: http://www.scrollgiken.com/
E-Mail address: info@scrollgiken.com
ACTIVITIES
Engineering of scroll technology
BRANCHES
San Diego (rep office)
OFFICER(S)
SHINJI KAWAZOE, PRES
Yen Amount
In million Yen, unless otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 200 M*
PAYMENTS REGULAR CAPITAL Yen 10 M
TREND UNDETD WORTH Yen 10 M
STARTED 2004 EMPLOYES 4
*
Estimated figure only
COMMENT
ENGINEERING OF SCROLL TECHNOLOGY.
FINANCIAL SITUATION IS NOT DETERMINED DUE TO THE LACK OF FINAN-CIALS WHICH THE FIRM DOES NOT DISCLOSE.
MAX CREDIT LIMIT
UNABLE TO BE ASSESSED DUE TO THE LACK OF FINANCIALS.
HIGHLIGHTS
The subject company was established by Shinji Kawazoe in order to make most of his experience in the subject line of business. This is an engineering firm specializing in scroll technology. In Mar 2004, the first product design of oil free scroll blower was certified by Kanagawa-Pref Industry Innovation Law, certified by No. 15-16 by the Kanagawa-Pref government. In Apr 2005, light-weight, oil free spinning scroll blower was developed jointly with the Ability Development College, Tokyo. In Aug 2006, Suzuki Motors employed scroll pumps after several months testing. In Feb 2007, established US sales office in San Diego, USA. The firm does not disclose managerial and financials information anything other than outlined herein, including phone/Fax numbers. Information is also based on the Registration Certificate.
FINANCIAL INFORMATION
Financials are not disclosed. The sales volume is only estimated at Yen 200 million, but not verified or confirmed by outside sources.
Both the financial situation and business trends are not determined due to the complete lack of financials but should be good for MODERATE business engagements. Max credit limit is unable to be assessed due to the financials not disclosed.
REGISTRATION
Date Registered: Feb 2004
Regd No: (Yokohama) 0200-02-079064
Legal Status: Private Limited Company (Yugen Gaisha)
Regd Capital: Yen 10 million
Major shareholders (%)
Shinji Kawazoe (100)
Nothing detrimental is known as to his commercial morality.
OPERATION
Activities: Technical engineering firm of scroll technology: pressure offset spinning scroll, and peripherals; offering patent licenses, joint product develop0ment & consignment, others (--100%).
Product applications for: refrigerators, medical devices, expanders, electrical home appliances, vacuum pumps, other.
Clients
[Mfrs, wholesalers] Suzuki Motors, other
No. of accounts
Unavailable
Domestic areas of activities
Centered in greater-Tokyo
Suppliers
Mfrs, wholesalers, other
Payment record
Regular
Location
Business area in Yokohama. Office premises at the caption address are leased and maintained satisfactorily.
Bank References
Local Bank (Yokohama)
Relations: Money deposits & 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%)