MIRA
INFORM REPORT
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Report Date : |
01.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
GLOBAL SOLUTIONS INC |
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Registered Office : |
3-5-1 Higashi-Azabu Minatoku Tokyo 106-0044 |
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Country : |
Japan |
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Date of Incorporation : |
June 2005 |
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Com. Reg. No.: |
(Tokyo) 0104-01057421 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Business Consultant |
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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Maximum Credit Limit : |
YEN 2.3 Million |
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Status : |
Moderate |
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Payment Behaviour : |
Regular |
name & address
GLOBAL SOLUTIONS
INC
REGD NAME: KK Global Solutions
MAIN OFFICE: 3-5-1 Higashi-Azabu Minatoku Tokyo 106-0044
JAPAN
Tel:
03-5575-6620 Fax: 03-5575-6621
URL: N/A
ACTIVITIES
Business consultant (See OPERATION)
BRANCHES
Nil
OFFICER(S)
HITOSHI TANAKA, PRES
Akio Tanaka, dir
Kiyomi Tanaka, dir
* All three are registered as Directors
Yen
Amount: In
million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 130 M*
PAYMENTS REGULAR CAPITAL Yen
10 M
TREND STEADY WORTH Yen
10 M**
STARTED 2005 EMPLOYES 4
* Figures are verbally given from H Tanaka.
** Expressed by the paid-up capital
COMMENT
BUSINESS CONSULTANT.
FINANCIAL SITUATION UNDETERMINED
DUE TO THE LACK OF PROVEN BUSINESS BUT SHOULD BE GOOD FOR MODERATE BUSINESS
ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 2.3 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The
subject company was established by Hitoshi Tanaka in order to make most of his
experience in the subject line of business.
This is a business consultant covering a wide range of areas: aircraft,
ships, software, medical supplies, motor cars, semiconductors, other. The queries raised from your client, General
Dynamics Corp, were all denied by H Tanaka.
He adds that he has already replied negatively directly to General
Dynamics Corp. The Registration
Certificate states no persons of military or of government. They are all Tanaka family members.
FINANCIAL INFORMATION
Financials
are not disclosed. We have obtained the
following figures directly from H Tanaka verbally.
The
sales volume for last fiscal term amounted to Yen 130 million, an almost
similar amount in the previous term.
The figures are only given verbally and not verified by outside
sources.
The
financial situation is considered FAIR and should be good for ORDINARY business
engagements. Max credit limit is estimated at Yen 2.3 million, on 30 days
normal terms. This is based on the
verbally professed figures from H Tanaka.
REGISTRATION
Date Registered: Jun
2005
Regd No: (Tokyo) 0104-01057421
Legal Status: Limited
Company (Kabushiki Kaisha)
Authorized: 800
shares
Issued: 200
shares
Sum: Yen 10 million
Major shareholders (%)
Hitoshi Tanaka & families
(--100)
No. of
shareholders: 3
Nothing detrimental is known as to the commercial morality
of executives.
OPERATION
Activities: Business Consultant for import,
export, marketing, mfg of a wide range of areas (as outlined in the
Registration Certificate) (--100%)
(Covering areas): aircraft, ships, airspace, automobiles,
IT-related, medical, semiconductors, railways, PC hardware/software, semiconductors,
furniture, jewelry, foods, stationery, restaurant operations, other
Clients
Business firms, governments,
individual customers, other
No. of accounts: Unavailable
Domestic areas of activities: Nationwide
Suppliers
Mfrs, consultants, business
firms, governments, other
Payment
record: Regular
Location:
Business area in Tokyo. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References
MUFG (Azabu)
Relations: Satisfactory
FINANCES
(In Million Yen)
NOT MADE AVAILABLE
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.25 |
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UK Pound |
1 |
Rs.80.36 |
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Euro |
1 |
Rs.62.84 |
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%)