MIRA INFORM REPORT

 

 

 

 

Report Date :

29.11.2008

 

IDENTIFICATION DETAILS

 

Name :

AMAZON JAPAN LOGISTICS INC

 

 

Registered Office :

2-13-1 Shiohama Ichikawa Chiba-Pref 272-0127

 

 

Country :

Japan

 

 

Date of Incorporation :

July 2000

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Logistic Center of Amazon Co Japan

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Regular

 


name & address

 

AMAZON JAPAN LOGISTICS INC

REGD NAME:    Amazon Japan Logistics KK

MAIN OFFICE:  2-13-1 Shiohama Ichikawa Chiba-Pref 272-0127 JAPAN

                                    Tel: 047-307-5301    

 

URL:                 http://www.amazon.co.jp/

E-Mail address:            merchant@amazon.co.jp

 

 

ACTIVITIES  

 

Logistic center of Amazon Co Japan

 

 

BRANCHES

 

Nil

 

OFFICER(S)

SATOSHI TAKII, PRES

Jasper Cheung, dir (concurrently pres of Amazon Japan KK)

 

Yen Amount:    In million Yen, unless otherwise stated

 

SUMMARY

FINANCES        FAIR                 A/SALES          Not disclosed*

PAYMENTS      REGULAR         CAPITAL           Yen 10 M

TREND             STEADY           WORTH            Unavailable M*

STARTED         2000                 EMPLOYES      100 (including part-timers)

 

* Financials are consolidated by the USA parent, Amazon.com.Inc.

 

 

COMMENT    

 

LOGISTIC CENTER OF AMAZON CO JP, WHOLLY OWNED BY AMAZON.CO.INC (USA). 

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

 

MAX CREDIT LIMIT: UNABLE TO BE ASSESSED IN THE ABSENCE OF PROVEN FINANCIAL RECORDS.  ALL CREDITS ARE CONSIDERED SAFE BY THE FINANCIAL STRENGTH OF THE USA PARENT.

 

 

HIGHLIGHTS

           

The subject company was established by Amazon Japan KK as its logistics center.  Amazon Japan KK is a wholly owned subsidiary of Amazon. Com. Inc (USA).  The subject offers to corporate clients such services as warehousing, storage, control, transportation & distribution of commodities handled by Amazon Japan KK.  Commodities range from books, DVD, home electronics, sports goods, baby goods, watches, to apparel, shoes, sold online shop: Amazon.co.jp).  This includes home to home delivery service.

 

 

FINANCIAL INFORMATION

 

Financials are not disclosed as they are consolidated and controlled by the USA parent, Amazon. com. Inc.  This applies to Amazon Japan KK who does not disclose its financials.

 

The financial situation is considered FAIR and good for ORDINARY business engagements.  Max credit limit is unable to be estimated in the absence of proven business records.  By the strength of the USA parent all credits are considered safely maintained.

 

 

REGISTRATION

 

Date Registered:          Jul 2000

Legal Status:   Limited Company (Kabushiki Kaisha)

Authorized:                200 shares

Issued:             200 shares

Sum:                Yen 100 million

           

Major shareholders (%): Amazon.com. Inc (USA)*(100)

           

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

 

 

OPERATION

 

Activities: Logistic Center of Amazon Japan KK (100%), offering to corporate clients such services as: warehousing, storage, control, maintenance, transportation & delivery, other related, for commodities handled by Amazon Japan KK’s online shop.

 

 

Clients

 

[Business firms, distributors] Amazon Japan KK and its member business firms

No. of accounts: Unavailable

Domestic areas of activities: Nationwide

 

 

Suppliers

 

 [Truckers, wholesalers] Amazon Japan KK, Nippon Express, other.

 

Payment record: Regular

 

Location: Business area in Ichikawa City, Chiba-Pref.  Office premises at the caption address are leased and maintained satisfactorily.

 


Bank References

 

Local Bank

Relations: Satisfactory

 

 

FINANCES: (In Million Yen)

 

NOT MADE AVAILABLE, AS THEY ARE CONSOLIDATED BY THE USA PARENT,

AMAZON.COM.INC

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.84

UK Pound

1

Rs.76.81

Euro

1

Rs.64.38

 

 

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