MIRA INFORM REPORT

 

 

Report Date :

20.03.2008

 

 

IDENTIFICATION DETAILS

 

Name :

GLOBAL BRANDS JAPAN KK

 

 

Registered Office :

GM-G Bldg 3F, 2-5-9 Ginza Chuoku Tokyo 104-0061

 

 

Country :

Japan

 

 

Date of Incorporation :

December 2006

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Product Licensing, Brand Management Firm

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

 

 

 

name & address

 

GLOBAL BRANDS JAPAN KK

REGD NAME:   Global Brands Japan KK

MAIN OFFICE:  GM-G Bldg 3F, 2-5-9 Ginza Chuoku Tokyo 104-0061 JAPAN

                        Tel: 03-3562-8301     Fax: 03-3562-8305

 

URL:                 http://www.globalbrandsgroup.com/

E-Mail address: enquiries@globalbrandsgroup.com

 

 

ACTIVITIES

 

Product licensing, brand management firm

 

 

BRANCHES

 

Nil

 

 

OFFICER(S)       

 

MARCIA AOKI, REP DIR (phonetically spelled)

Emiko Okuhara, mgr

 

 

Yen Amount

 

In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        UNDETD                       A/SALES          Yen 200 M*

PAYMENTS      REGULAR                     CAPITAL           Yen 25 M

TREND             UNDETD                       WORTH            Yen 25 M

STARTED         2006                             EMPLOYES      3

                                                * Target figures for the initial one year term

 

 

COMMENT

 

PRODUCT LICENSING, BRAND MANAGEMENT FIRM, OWNED BY GLOBAL                                          BRANDS, UK.  FINANCIAL SITUATION NOT DETERMINED DUE TO THE RECENT INCEPTION                                 BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.

 

MAX CREDIT LIMIT

 

UNABLE TO BE ASSESSED DUE TO THE ABSENCE OF PROVEN BUSINESS RESULTS.

 

 

HIGHLIGHTS

 

The subject company was established by Global Brands, UK as its marketing office in Japan.  Originally opened in Shibuya and moved to the caption address.  This is a product licensing, brand   management firm for sports, entertainment & lifestyle goods.

           

 

FINANCIAL INFORMATION

 

The sales volume for the initial term ending Dec 2007 was targeted at Yen 200 million.  Final results are not yet available.

           

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 unable to be assessed     due to the absence of proven business.

 

 

REGISTRATION

 

Date Registered: Dec 2006

Legal Status:     Limited Company (Kabushiki Kaisha)

Authorized:        500 shares

Issued:              500 shares

Sum:                Yen 25 million

           

 

Major shareholders (%)

 

Global Brands, UK (100)

           

Directors registered: Jonathan Sieff; Mark Matheny; David St George; all founder and co-ch at the UK parent.

           

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

 

 

OPERATION

 

Activities: Product licensing, brand management for sports, entertainments & lifestyle goods (--100%).

 

(Brands Partners):

Sports: Fifa, PGA Tour, THE FA (Football Assn), FIBA, Patrick Viera;

Lifestyle: IPC Media, Evisu, World Youth Day, Marco Pierre White, Chihuly, BUM Equip;

Entertainment: Disney, Marvel, Warner Brothers, Playground Production.

 

 

Clients

 

Business firms, sports clubs, entertainment facilities, other

 

 

No. of accounts

 

Unavailable

 

 

Domestic areas of activities

 

Centered in greater-Tokyo

 

Suppliers

 

[Wholesalers] Supplied from Global Brands and its group firms worldwide.

 

 

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

 

 

 

 


 

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