MIRA
INFORM REPORT
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Report Date : |
29.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
YUKI MANAGEMENT & RESEARCH CO LTD |
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Registered Office : |
Tanaka Yaesu Bldg 7F, 1-5-15 Yaesu Chuoku Tokyo 103-0028 |
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Country : |
Japan |
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Financials (as on) : |
31/03/2007 |
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Date of Incorporation : |
July 2001 |
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Legal Form : |
Limited Company |
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Line of Business : |
Investment Advisory and Management |
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 203.6 Million |
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Status : |
Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
nAME
YUKI MANAGEMENT & RESEARCH CO LTD
REGD NAME
KK Yuki Management & Research
MAIN OFFICE
Tanaka Yaesu Bldg 7F, 1-5-15 Yaesu Chuoku Tokyo 103-0028 JAPAN
Tel: 03-5299-3277
Fax: 03-5299-6937
URL: http://www.yukijapan.co.jp/
E-Mail address: (thru the URL)
ACTIVITIES
Investment advisory & management
LICENSE
Kanto FSA #413
BRANCHES
Nil
DIRECTOR(S)
Magoshige Oshitani, Part-time director
Shin’ichi Takano, Dir
Yasuhiro Nozaki, Dir
Yasuo Nakamura, Dir
Masanobu Satoh, Dir
OFFICER(S)
Magoyuki Oshitani, group ch & CEO MOTOTAKA ITAKURA, PRES
Yushiro Nozaki, CIO Masanobu
Sato, CIO
Yen Amount
In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 3,980 M
PAYMENTS REGULAR CAPITAL Yen 200 M
TREND STEADY WORTH Yen 1,448 M
STARTED 2001 EMPLOYES 21
COMMENT
INVESTMENT ADVISORY & MANAGEMENT
FIRM. FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR PROPER BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT
YEN 203.6 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Magoyuki Oshitani in order to make most of his ex-perience in the subject line of business. This is an investment advisory & management firm operating solely in Japan. In 1998, launched Tokai Umbrella Fund; in 2002 launched YMR Umbrella Fund managed jointly with Nippon Life Ins; in 2003 launched Yuki Mizuho Fund jointly with Mizuho Securities Co Ltd. Manages a total 22 funds; assets under management were over Yen 300,000 million as of end June/2007. Two subsidiaries: Yuki Asset Management Co Ltd & Yuki Investment Co Ltd. Clients are domestic financial institutions, investors, business firms, other, nationwide.
FINANCIAL INFORMATION
The sales volume for Mar/2007 fiscal term is
believed amounted to Yen 3,980 million for irregular 20 months, a 218% up, as
adjusted on a 12-month basis, from Yen 750 million for Jun/2006 fiscal term n
the previous term. The net profit is
confirmed posted at Yen 597 million, huge up from Yen 116 million a year ago.
For the current term ending Mar 2008 the net
profit is projected at Yen 630 million, on a 13% rise in turnover, to Yen 4,500
million.
The financial situation is considered FAIR and good for
PROPER business engagements. Max credit limit is estimated at Yen 203.6
million, on 30 days normal terms.
REGISTRATION
Date Registered: Jul
2001
Legal Status: Limited
Company (Kabushiki Kaisha)
Authorized: 4,000
shares
Issued: 4,000
shares
Sum: Yen
200 million
Major shareholders (%)
Magoyuki Oshitani, Mototaka Itakura, others
(--100)
No. of shareholders
Nothing detrimental is known as to the commercial morality of
executives.
OPERATION
Activities: Investment
advisory & asset management firm (--100%).
Total fund under management: 22 funds, assets under management Yen
300,000 million as of Jun/2007.
Two subsidiaries: Yuki Asset Management Co Ltd; Yuki
Investment Co Ltd
Clients
Financial institutions, business firms,
investors, others
No. of accounts:
Unavailable
Domestic areas of activities
Nationwide
Suppliers
Financial institutions, securities firms, insurance
firms, other
Payment record
Regular
Location
Business area in
Tokyo. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References
Mizuho Bank, other
Relations: Satisfactory
FINANCES: (In Million Yen)
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Terms Ending: |
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31/03/2008 |
31/03/2007 |
30/06/2006 |
30/06/2005 |
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Annual
Sales |
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4,500 |
3,980 |
750 |
743 |
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Recur.
Profit |
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Net
Profit |
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630 |
597 |
116 |
72 |
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Total
Assets |
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1,867 |
N/A |
N/A |
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Net
Worth |
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1,448 |
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Capital,
Paid-Up |
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200 |
200 |
200 |
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Div.P.Share(¥) |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
13.07 |
218.4 |
0.94 |
57.42 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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77.56 |
.. |
.. |
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N.Profit/Sales |
14.00 |
15.00 |
15.47 |
9.69 |
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Notes: Financials are only partially disclosed.
The figures for the 31/03/2007 fiscal term is collected from outside
sources and believed correct.
The 31/03/2007 fiscal term is for irregular 20 months. Growth rate is adjusted on a 12-month basis.
Forecast (or estimated) figures for the 31/03/2008 fiscal term.
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%)