MIRA
INFORM REPORT
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Report Date : |
21.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
PENTA INVESTMENT ADVISERS KK |
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Registered Office : |
TTS Minami-Aoyama Bldg 5F, 6-12-1 Minami-Aoyama Minatoku Tokyo
107-0062 |
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Country : |
Japan |
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Date of Incorporation : |
April, 1998 |
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Legal Form : |
Limited Company |
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Line of Business : |
Investment & Asset 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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Status : |
Small Company |
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Payment Behaviour : |
Regular |
name of the company
PENTA INVESTMENT ADVISERS KK
REGD NAME: Penta Investment
Advisers KK
MAIN OFFICE
TTS Minami-Aoyama Bldg 5F, 6-12-1 Minami-Aoyama Minatoku Tokyo 107-0062
JAPAN
* Registered at: POB Road Town Tortola Virgin
Islands
MANAGER
White & Case Law Office
Kandabashi Park Bldg, 1-19-1 Kanda-Nishikicho Chiyodaku Tokyo 101-0054
Tel: 03-3259-0200 Fax:
03-3259-0150
URL
ACTIVITIES
Investment & asset management
BRANCHES
Nil
OFFICER(S)
JOHN ZWAANSTRA, PRES
Renesas Ram, operating manager
Yen Amount
In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 3,615 M*
PAYMENTS REGULAR CAPITAL Yen 50 M
TREND STEADY WORTH Yen 50 M**
STARTED 1998 EMPLOYES 3
* Operating funds reported on 27/11/2007.
** Expressed by pain-in capital
COMMENT
INVESTMENT & ASSET MANAGEMENT FIRM.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT
UNABLE TO BE ASSESSED DUE TO THE PROVEN
FINANCIAL, WHICH REFUSED TO DISCLOSE.
HIGHLIGHTS
The subject company was established by John
Zwaanstra in order to make most of his experience as a trader at Soros Fund
Management, originally as Penta Japan Fund Ltd. The firm is managed by White & Case Law Office as mentioned
above. The subject and the Law Office
refused to disclose any of its operations and financials. Contents here are all collected from outside
sources and from the financial market information. Kanto FSA says the firm is not licensed as investment
adviser. The operating fund as at
27/11/2007 is reported as Yen 3,615 million, owning a total of 50,504
stocks. Most of the investment stocks
are of Chinese corporations through Hong Kong.
The subject Fund’s primary broker is reported as Goldman Sachs Group
Inc.
FINANCIAL INFORMATION
Financials are not
disclosed. Operating funds as of
Nov/2007 are reported at Yen 3,615 million, holding 50,504 stocks. No further details are disclosed.
The financial situation is considered
maintained FAIR and good for ORDINARY business engagements. Max credit limit is unable to be assessed
due to the absence of proven business records.
Any credits to be recommended on secured terms on new transactions.
REGISTRATION
Date Registered: Apr 1998
Legal Status: Limited Company
(Kabushiki Kaisha)
Regd No: (Tokyo) 036054
Authorized: 1,000 shares
Issued: 1,000 shares
Sum: Yen 50 million
Major shareholders (%)
John Zwaanstra (100)
Nothing detrimental is known as to the
commercial morality of executives.
OPERATION
Activities: Investment & asset management firm (--100%).
Primary Broker: Goldman Sachs Group Inc.
Clients
Individual investors, other
No. of accounts: Unavailable
Domestic areas of activities: Nationwide
Suppliers
Investors, others. Primarily operated by Goldman Sachs Group Inc.
Payment record
Regular
Location
Business area in
Tokyo. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References
SMBC, MUFG, Mizuho Bank, other
Relations: Money deposits & transfers only
FINANCES: (In Million Yen)
NOT DISCLOSED
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%)