MIRA
INFORM REPORT
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Report Date : |
17.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
TSUJIMOTO INC |
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Registered Office : |
3-8 Nanko-Naka Suminoeku Osaka 559-0033 |
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Country : |
Japan |
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Date of Incorporation : |
July, 2000 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Import of machinery parts (press
molds, etc) |
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. |
Small |
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Maximum Credit Limit : |
Yen 2.1 Million |
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Status : |
Small Company |
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Payment Behaviour : |
Regular |
Name
TSUJIMOTO INC
(SOLE PROPRIETORSHIP)
REGD NAME
Tsujimoto Shokai (Sole Proprietor & Not Registered)
MAIN OFFICE
3-8 Nanko-Naka Suminoeku Osaka 559-0033 JAPAN
Tel: 06-6612-8151 Fax:
06-6612-8151
Handy Phone: 090-5091-3223
URL: N/A
ACTIVITIES
Import of machinery parts (press molds, etc) from China
BRANCHES
Nil
FACTORY(IES)
China (2) (subcontracted)
OFFICER(S)
YOSHIHIDE TSUJIMOTO, PROPRIETOR
Yen Amount: In
million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 120 M*
PAYMENTS REGULAR CAPITAL -
- -
TREND STEADY WORTH Yen
10 M
STARTED 2000 EMPLOYES 1
* Financials are not disclosed and
the figure has been verbally given from Y Tsujimoto.
COMMENT
IMPORTER OF MACHINERY PARTS FROM CHINA.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: YEN 2.1
MILLION, 30 DAYS NORMAL TERMS, BASED ON DECLARED EARNINGS.
HIGHLIGHTS
The subject firm is a sole
proprietorship started by Yoshihide Tsujimoto in order to make most of his
previous experience in the subject line of business. This is a commission merchant specializing in importing and supplying
machinery parts, such as press molds, cut parts, etc, manufactured on
consignment at two factories in China.
Products are of made-to-order parts consigned from Japanese machinery
makers. All payments are guaranteed by
the consigned mfrs.
FINANCIAL INFORMATION
Financials are not disclosed as ordinary the case with private enterprises and/or family-based companies. We have obtained from Yoshihide Tsujimoto that the annual turnover for the 31/12/2007 term was Yen 120 million. This figure is only professed and not verified by outside sources. The turnover has been steady around this level for the past years, says Y Tsujimoto
The financial situation is considered maintained FAIR and
good for ORDINARY business engagements, as judged from 8 year’s business from
steady Japanese mfrs. Max credit limit
is estimated at Yen 2.1 million, on 30 days normal terms. The business is based on made-to-order production
consigned from Japanese mfrs and payments are all guaranteed by them
REGISTRATION
Date
Registered: Jul 2000
Legal Status: Sole
Proprietorship & Not Registered
The firm is privately owned,
managed and operated by Yoshihide Tsujimoto.
The net worth is estimated at Yen 10 million, which derived from his
past savings.
Nothing detrimental is known as
to his commercial morality.
OPERATION
Activities: Imports made-to-order machine parts
(press molds, other) from subcontracted factories in China (--100%)
Products are consigned from
Japanese machinery makers.
Clients
Japanese machinery makers
No. of accounts: About 10
Domestic areas of activities: Centered in greater-Osaka
Suppliers
[Mfrs] Imports from
subcontracted factories (2) in China on basis of made-to-order production.
Payment
record: Regular
Location:
Business area in Osaka. Office premises
at the caption address are owned by Y Tsujimoto as his private residence and
maintained satisfactorily.
Bank References
Kinki Osaka Bank (Suminoe)
Relations: Money deposits & transfers only
FINANCES: (In Million Yen)
Not
made available
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.33 |
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UK Pound |
1 |
Rs.73.92 |
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Euro |
1 |
Rs.66.69 |
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. |
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%)