MIRA INFORM REPORT
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Report Date : |
28.04.2011 |
IDENTIFICATION DETAILS
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Name : |
RIZA CO LTD |
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Registered Office : |
Central Nogizaka
701, 7-2-28 Roppongi Minatoku Tokyo 106-0032 |
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Country : |
Japan |
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Financials (as on) : |
30.11.2010 |
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Date of Incorporation : |
December
1978 |
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Com. Reg. No.: |
(Tokyo-Minatoku)
031439 |
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Legal Form : |
Limited Company |
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Line of Business : |
Staff/worker dispatching agency |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
Yen 1.0 Million |
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Status : |
Moderate |
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Payment
Behaviour : |
Regular |
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Litigation : |
---- |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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Japan |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
RIZA CO LTD
REGD NAME
Riza KK
MAIN OFFICE
Central Nogizaka
701, 7-2-28 Roppongi Minatoku Tokyo 106-0032 JAPAN
Tel:
03-3423-4721 Fax: 03-3470-0279
URL: N/A
E-mail: cenchem59@suzuki@hotmail.com
ACTIVITIES
Staff/worker dispatching agency
BRANCHES
Nil
OFFICER(S)
YUKUO
SUZUKI, PRES
Shoko
Iwasaki, dir
Reiko
Iwasaki, dir
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES R/WEAK A/SALES Yen 50 M
PAYMENTS REGULAR CAPITAL Yen
10 M
TREND SLOW WORTH Yen
32 M
STARTED 1978 EMPLOYES 3
COMMENT
STAFF
AGENCY.
FINANCIAL SITUATION CONSIDERED
RATHER WEAK BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS
MAX
CREDIT LIMIT: YEN 1.0 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Yukuo Suzuki in order to make
most of his experience in the subject line of business. This is a staff agency dispatching
staff/workers to pharmaceutical makers, security companies, other.
FINANCIAL INFORMATION
Financials are only partially disclosed.
The sales volume for Nov/2010 fiscal term amounted to Yen 50 million, a
similar amount in the previous term. The
net profit was posted at Yen 1 million, similarly a year ago. .
For the current term ending Nov 2011 the net profit is projected at Yen
1 million, on a 10% rise in turnover, to Yen 55 million.
The financial situation is considered RATHER WEAK but should be good for
MODERATE business engagements. Max
credit limit is estimated at Yen 1.0 million, on 30 days normal terms.
REGISTRATION
Date Registered: Dec 1978
Regd No.: (Tokyo-Minatoku) 031439
Legal Status: Limited
Company (Kabushiki Kaisha)
Authorized: 800
shares
Issued: 200
shares
Sum: Yen 10 million
Major shareholders (%):
Yukuo Suzuki (1100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATIOn
Activities: Staff agency
(100%)
Clients: Mfrs, business
firms, security firms, other
No. of accounts: 100
Domestic areas of
activities: Centered in greater-Tokyo
Payment record: Regular
Location: Business area in
Tokyo. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References:
Resona
Bank (Shibuya)
MUFG
(Aoyama)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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30/11/2011 |
30/11/2010 |
30/11/2009 |
30/11/2008 |
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Annual
Sales |
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55 |
50 |
50 |
50 |
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Recur.
Profit |
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Net
Profit |
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1 |
1 |
1 |
1 |
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Total
Assets |
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N/A |
N/A |
N/A |
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Net
Worth |
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32 |
31 |
30 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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Div.P.Share(¥) |
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0.00 |
0.00 |
0.00 |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
10.00 |
0.00 |
0.00 |
-49.49 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
.. |
.. |
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N.Profit/Sales |
1.82 |
2.00 |
2.00 |
2.00 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 30/11/2011 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.40 |
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UK Pound |
1 |
Rs.73.26 |
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Euro |
1 |
Rs.65.17 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.