MIRA INFORM REPORT

 

 

Report Date :

05.02.2008

 

IDENTIFICATION DETAILS

 

Name :

QUALYS JAPAN KK

 

 

Registered Office :

Pacific Century Place 8F, 1-11-1 Marunouchi Chiyodaku Tokyo 100-6208

 

 

Country :

Japan

 

 

Date of Incorporation :

October 2007

 

 

Com. Reg. No.:

(Tokyo) 112810

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Provider of security risk and compliance management software and systems.

 

 

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

 

Status :

New Company

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Company Name and Address

 

QUALYS JAPAN KK

REGD NAME:                           Qualys Japan KK

MAIN OFFICE:                          Pacific Century Place 8F, 1-11-1 Marunouchi Chiyodaku Tokyo 100-6208 JAPAN

Tel:                                           03-6860-8296    

Fax:                                          03-6860-8201

 

URL:                                         http://www.qualys.com/

E-Mail address:                         sales-jp@qualys.com

 

 

ACTIVITIES

 

Provider of security risk & compliance management software & systems

 

 

BRANCHES

 

Nil

 

 

OFFICER(S)

 

SHOICHI KIKUCHI, PRES

Philippe Courtot, rep dir (ch & CEO of Qualys Inc, USA)

 

Yen Amount

 

In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        UNDETD                       A/SALES          Yen 300 M*

PAYMENTS      REGULAR                     CAPITAL           Yen 10 M

TREND             UNDETD                       WORTH            Yen 10 M

STARTED         2007                             EMPLOYES      5

 

 

COMMENT

 

SECURITY RISK MANAGEMENT SOLUTION PROVIDER, WHOLLYU OWNED BY                                                QUALYS INC, USA. 

 

FINANCIAL SITUATION NOT DETERMINED DUE TO THE RECENT INCEPTION                                       

BUT SHOULD BE GOOD FOR PROPER BUSINESS ENGAGEMENTS.

 

MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE RECENT INCEP-                                     TION AND WITHOUT PROVEN BUSINESS.

 

 

HIGHLIGHTS

 

The subject company was established by Qualys Inc, USA as its marketing arm in Japan.  This      is a provider of   security risk & compliance management software & systems.  Philippe Courtot, ch & CEO of Qualys Inc, USA is    registered as rep director.  The Japan office also covers Korea.   

           

 

FINANCIAL INFORMATION

 

The sales volume for the initial one year term is targeted at Yen 300 million, according to outside sources.  The firm does not reveal any of these figures.

 

Both the financial situation and business trends are not determined due to the recent inception but should be good for PROPER business engagements.  Max credit limit is unable to be assessed due to the recent inception             and without proven business records.  We recommend any credits to be on secured terms.

 

 

REGISTRATION

 

Date Registered:                                    Oct 2007

Legal Status:                                         Limited Company (Kabushiki Kaisha)

Regd No.:                                              (Tokyo) 112810

Authorized:                                            800 shares

Issued:                                                  200 shares

Sum:                                                    Yen 10 million

 

 

Major shareholders (%)

 

Qualys Inc, USA (100)

           

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

 

 

OPERATION

 

Activities:

 

Provider of security risk & compliance management software & systems including vulnerability assessment &           remediation solution, enterprise security solution & PCI solutions & consultancy (--100%).

 

Products:

           

QualysGuard Enterprise: on demand vulnerability management for large, distributed organi-                                   zations;

           

QualysGuard Express: easy-to-use on demand vulnerability management for small to medium sized           organizations;

           

QualysGuard PSI: on demand solution for organizations looking to achieve & certify PCI                            compliance (PCI is Payment Card Industry);

           

QualysGuard Consultant: on demand vulnerability management tools for professional service                     organizations;

           

QualysGuard MSP: on demand vulnerability for managed service providers;

           

QualysGuard@Customer: onsite vulnerability management for large, distributed organizations.

 

           

Clients

 

Business firms, public agencies, other

 

No. of accounts

 

Unavailable

 

Domestic areas of activities

 

Nationwide

 

           

Suppliers

 

   [Mfrs] Supplied wholly from Qualys Inc, USA.

 

Payment record: Regular

 

 

Location

 

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

 

 

Bank References

 

Local Bank (Tokyo)

Relations: Money deposits & transfers only

 

 

FINANCES: (In Million Yen)

 

NOT YET 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