MIRA INFORM REPORT

 

 

Report Date :

21.05.2008

 

IDENTIFICATION DETAILS

 

Name :

INTERARROWS INC

 

 

Registered Office :

1-704 City Court Meguro, 2-10-34 Kamiosaki Shinagawaku Tokyo 141-0021

Business consultant

 

 

Country :

Japan

 

 

Date of Incorporation :

January 2006

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Business Consultant

 

 

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 :

New Company

 

 

Payment Behaviour :

Regular

 

 

 

 

 

name & address

 

INTERARROWS INC

REGD NAME:   KK Inter Arrows

MAIN OFFICE:  1-704 City Court Meguro, 2-10-34 Kamiosaki Shinagawaku Tokyo 141-0021 JAPAN

                        Tel: 03-5420-3035     Fax: 03-5420-3505

 

URL:                 http://www.interarrows.com/

E-Mail address: info@interarrows.com

 

 

ACTIVITIES  

 

Business consultant

 

 

BRANCHES

 

Nil

 

 

OFFICER(S)

 

Dan Yano, ch                                       

YOJI OTOKOZAWA, CEO

Haru Takahashi, v pres                          

Ryotaro Hashimoto, v pres

 

 

Yen Amount

 

In million Yen, unless otherwise stated

 

 

SUMMARY    

 

FINANCES        UNDETD                       A/SALES          Yen 1,000 M*

PAYMENTS      REGULAR                     CAPITAL           Yen 21 M

TREND             UNDETD                       WORTH            Yen 21 M**

STARTED         2006                             EMPLOYES      10

                                                * Target figures only; ** Expressed by paid-up capital

 

 

 

 

 

 

 

COMMENT

 

BUSINESS CONSULTANT. 

FINANCIAL SITUATION UNDETERMINED DUE TO THE RECENT INCEPTION AND                                    WITHOUT PROVEN BUSINESS MADE AVAILABLE BUT SHOULD BE                                        GOOD FOR MODERATE BUSINESS ENGAGEMENTS.

 

 

MAX CREDIT LIMIT

 

UNABLE TO BE ASSESSED DUE TO THE LACK OF PROVEN BUSINESS RECORDS & FINANCIALS.

 

 

HIGHLIGHTS

           

The subject company was established by Dan Yano and partners in order to make most of their       experiences in business consultancy.  Offers business consulting service for Internet technologies & management thereof, consulting service for branding on the Internet (corporate, products & services),   for marketing strategies, wide range of consulting services for websites, other.  Also offers start-up support o global IT companies in Japan & overseas, providing them with market entry solutions, business alliances, marketing & sales support & associated services.  Clients are IT-related businesses        nationwide including those in overseas.

           

 

FINANCIAL INFORMATION

 

Financials are not disclosed.  The accounting term is December and the firm targeted Yen 1,000 million for the initial fiscal term ending Dec 2006, with 10% rise each year.  The financials are, however, not made available.

           

Both the financial situation and business trends are not determined due to the recent inception but should be good for MODERATE business engagements, as judged from the business experiences      and morality of executives.  Max credit limit is unable to be assessed due to the lack of proven business             records and financials resulted.  Hence, any credits on new transactions are recommended on secured          terms.

 

 

REGISTRATION

 

Date Registered:            Jan 2006

Legal Status:                 Limited Company (Kabushiki Kaisha)

Authorized:                    800 shares

Issued:                          430 shares

Sum:                            Yen 21.5 million

           

 

Major shareholders (%)

 

Dan Yano, Satoshi Honda, Yoji Otokzawa, other (Breakdown not available)

No. of shareholders: 5

           

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

 

 

 

OPERATION

 

Activities: Internet consulting firm offering consulting service for Internet technologies & management thereof (--100%).

 

(Services offered):

 

Web/Mobile Marketing: Online business strategy assessment & development, usability and accessibility optimization, search engine optimization, content assessment & development, Web branding, access log analysis, total system development & management, Website research & analysis, access Log analysis (Log files & strategic reports, conversion & competetive analysis reports), other;

           

Business Consulting: Business strategy plan development, new business & start-up support, overseas market entry support;

 

Business Contents Development Support: Strategic global alliance support, game development support, localization calturalisation, other.

 

           

Clients

 

[Business firms, IT-related industries] Enterbrain Inc, Object Software (China), Mustard Corp, Babel Media (--UK), AIU Ins, British Embassy, One North East, HMV Japan, Yahoo Japan Value Insight Corp, E-Globaledge Corp, Coca-Cola Japan, Sumitomo Electric Information, IMJ Mobile Inc, NTT Data Corp, Inter-Business Networks, AuriQ Systems, Ayudante, Doe Co, Profero, Now Production, Feelplus Inc, Salesforce.com, other (as sited from the firm’s Website)

 

 

No. of accounts

 

Unavailable

 

 

Domestic areas of activities

 

Nationwide

 

 

Payment record

 

Regular

 

 

Location

 

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

 

 

Bank References

 

SMBC (Gotanda)

Relations: Satisfactory

 

 

FINANCES: (In Million Yen)

 

Notes: Financials are only partially disclosed.

Forecast (or estimated) figures for the ^ fiscal term.

(*) Data disclosed by the Taxation Office as the pretax profits.

 

 

 


 

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