MIRA INFORM REPORT

 

 

Report Date :

07.01.2008

 

IDENTIFICATION DETAILS

 

Name :

SC CONSULTING INC

 

 

Registered Office :

Tokyo Sankei Bldg 27F, 1-7-2 Ohtemachi Chiyodaku Tokyo 100-0004

 

 

Country :

Japan

 

 

Date of Incorporation :

Apr 2006

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Technology transfer business

 

 

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

 

Maximum Credit Limit :

Yen 1 million

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear


name

 

SC CONSULTING INC

 

 

REGD NAME

 

S C Consulting KK

 

 

MAIN OFFICE

 

Tokyo Sankei Bldg 27F, 1-7-2 Ohtemachi Chiyodaku Tokyo 100-0004 JAPAN

Tel        : 03-3242-6358

Fax       : 03-3242-6359

URL      : http://www.sc-consultinc.com/

E-Mail address: info@sc-consultinc.com

 

* Registered at: 8 Ichibancho Chiyodaku Tokyo

 

 

ACTIVITIES

 

Technology transfer business

 

 

BRANCHES

 

Nil

 

 

OFFICER(S)

 

JUNZO ISHIGURO, PRES

Atsuo Nakanishi, dir

Mark J Treherne PhD, adviser

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        UNDETD                       A/SALES          Yen 50 M*

PAYMENTS      REGULAR                     CAPITAL           Yen 100 M

TREND             UNDETD                       WORTH            Yen 100 M

STARTED         2006                             EMPLOYES      5

                                                            * Estimated figures only.

 

 

COMMENT

 

TECHNOLOGY TRANSFER BUSINESS.  FINANCIAL SITUATION UNDETERMINED DUE TO THE RECENT INCEPTION BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.

 

MAX CREDIT LIMIT: YEN 1 MILLION, 30 DAYS, RECOMMENDING SECURED TERMS ON NEW TRANSACTIONS.   FINANCIALS ARE NOT DISCLOSED.

 

 

HIGHLIGHTS

           

The subject company was established originally in 2003 on the basis of a technology transfer business division separated from Sosei Group Corp, pharmaceutical mfr, Tokyo, as Sosei Consulting KK.  In Apr 2006, spun off from the Sosei Group and became independent, renamed SC Consulting Inc.  This is a technology transfer business company in pharmaceuticals & biotechnology industries, representing over 10 Western companies in Japan.  

           

 

FINANCIAL INFORMATION

 

Financials are not disclosed.

 

The sales volume for the initial accounting term ending Mar 2007 fiscal term is estimated amounted to Yen 50 million, on a break-even profit basis.

 

For the current term ending Mar 2008 the net profit is projected at Yen 10 million, on an estimated twofold rise in turnover, to Yen 100 million.  Some reports Yen 200 million or over is being targeted, but not confirmed by the firm.

           

Both the financial situation and business trends are not determined due to the recent inception but should be good for MODERATE business engagements.  Max credit limit is estimated at Yen 1 million for 30 days on basis of estimated turnover at Yen 50 million.  Due to the absence and non-disclosure of financials we recommend secured terms on new transactions.

 

 

REGISTRATION

 

Date Registered:            Apr 2006

Legal Status:                 Limited Company (Kabushiki Kaisha)

File No.:                        (Tokyo) 0199-01-103556

Authorized:                    4 shares

Issued:                          1 share

Sum:                            Yen 100 million

Major shareholders (%): Junzo Ishiguro, others (--100)

No. of shareholders:       3

           

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

 

 

 

OPERATION

 

Activities: Technology transfer business in pharmaceuticals & biotechnology industries (100%), representing over 10 Western companies, such as:

 

Lectus Therapeutics, Scottish Biomedical, Xention, Senexis, Neuro Solutions (--UK), Onco Design (France), Qualia Clinical Services, Tandem Labs, Precision Med (--USA), other.

 

Business Partner: LSK Biopartners Inc (USA)

 

Clients: Pharmaceutical mfrs, biomedical mfrs, other.

 

No. of accounts: Unavailable

 

Domestic areas of activities: Nationwide

 

Suppliers: [Pharmaceutical mfrs] Over 10 Western companies as listed above.

 

Payment record: Regular

 

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

 

 

Bank References

 

Local Bank (Not disclosed)

 

Relations: Money deposits & transfers only

 

 

FINANCES

 

(In Million Yen)

 

NOT MADE AVAILABLE (NOT DISCLOSED)

 

 

 

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