MIRA
INFORM REPORT
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Report Date : |
27.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
KDDI R&D LABORATORIES INC |
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Registered Office : |
2-1-15 Ohara Kami-Fukuoka City Saitama-Pref 356-8502 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2003 |
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Date of Incorporation : |
April 1998 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Specializing in: light-wave communications devices, multimedia mobile access
communication systems, radio technology, high-speed communications protocol
process, network management technology, graphic compression/transmission
technology, graphic contents display technology, other related fields |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
US$25,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & addresss
KDDI R&D
LABORATORIES INC
Regd Name: KK KDDI Kenkyusho
Main Office: 2-1-15 Ohara Kami-Fukuoka City
Saitama-Pref 356-8502 JAPAN
Phone : 049-278-7426 (Premises: Owned)
Activities
An R&D institute specializing in:
light-wave communications devices, multimedia mobile access communication
systems, radio technology, high-speed communications protocol process, network
management technology, graphic compression/transmission technology, graphic
contents display technology, other related fields (--100%); owned by KDDI Corp,
major telecommunications carrier, Tokyo (--100%).
Branch(es)
Nil
summary
Established: Apr
1998
Legal Status: Limited
Company (Kabushiki Kaisha)
Capital paid-up: Yen 22.8 billion
(Issued: 456,000 shares)
Chief Executive Officer
TOHRU ASAMI, PRES
Major shareholders (%)
KDDI Corp, Kyocera Corp, Toyota Motors
(--Details unavailable)
No. of employees
190
Finances
FAIR Payment: Regular Trend: STEADY
Comment
CONSIDERED GOOD FOR BUSINESS ENGAGEMENTS:
US$25,000 / NET 30 DAYS.
Nothing detrimental is known as to the
commercial morality of executives.
Corporate profile
The subject firm is an R&D division owned by KDDI Corp, as a major
shareholder. In Apr 2001, merged with Kyocera DDI Institute of Future
Telecommunications to integrate R&D operations. Specializes in R&D
operations for the major parent in the fields of light-wave communications, wireless
& mobile communications, network design, operation & management,
multimedia & internet projects, etc. The financial information for the
subject firm alone is not available, and the following statements represent all
consolidated figures of the parent body, KDDI Corp.
Financial information
The sales volume for Mar/2002 fiscal term
amounted to Yen 2,833,799 million, a 25% rise from Yen 2,268,646 million in the
previous term. The recurring profit was posted at Yen 78,756 million and net
profit at Yen 12,979 million, compared with Yen 50,549 million and Yen 13,427
million, respectively a year earlier.
For the term just ended Mar 2003 recurring
profit is estimated posted at Yen 90,000 million and net profit at Yen 49,000
million, respectively, on a 2% fall in turnover, to Yen 2,770,000 million.
The financial situation is considered FAIR
and good for ORDINARY business engagements. Credit limit of the parent body is
estimated at Yen 43,231.6 million.
Clients
Users, business firms, public agencies, other.
Domestic area of activities: Nationwide
Suppliers
NTT East, NTT West, other telecommunications
carriers
Bank References
Local banks (details not disclosed)
Finances: (In million yen)
Notes: Forecast
(or estimated) figures for 31/03/2003.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.79 |
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UK Pound |
1 |
Rs.85.04 |
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Euro |
1 |
Rs.67.39 |
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%)