MIRA INFORM REPORT

 

 

Report Date :

12.08.2011

 

IDENTIFICATION DETAILS

 

Name :

MARUBENI AMERICA CORPORATION

 

 

Registered Office :

111 Eighth Avenue, New York, NY 10011

 

 

Country :

United States

 

 

Date of Incorporation :

27.11.1951

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

Operates as a general trading company worldwide.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 2,000,000

Status :

Satisfactory

Payment Behaviour :

Usually Correct

Litigation :

Clear

 

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 – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

United States

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

GEOPOLITICS - UNITED STATES

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Normal

Currency: USD

Branch Situation:Stable

 

 

IDENTIFICATION

Comments on data supplied:

Dear Client,

 

The address provided in the order is that of a branch location.

 

However, it is headquartered in New York, in the address listed below.

Legal Name:

Marubeni America Corporation

 

 

Legal Address

111 Eighth Avenue, New York, NY 10011, USA

Operative Address

375 Lexington Avenue, New York, NY 10017, USA

Telephone:

+1 (212) 450-0100

ID :

82860

Fax:

+1 (212) 450-0700

Legal Form:

Corporation for Profit

Email:

info@marubeni.com

Registered in:

New York

Website:

http://www.marubeni-usa.com/

Date Created:

1951

Manager:

Fumiya Kokubu, President and Chief Executive Officer

Date Incorporated:

November 27, 1951

Staff:

2840

Stock:

NA

 

 

Value:

NA

Activity:

Operates as a general trading company worldwide.

 

 

BUSINESS

 

HISTORY

 

The company was created in 1951.

PRINCIPAL ACTIVITY

 

Operates as a general trading company worldwide.

Products/Services description:

 

It is a general trading company, engaged as an intermediary, importer/exporter, facilitator or broker in various types of trade between and among business enterprises and countries.

Sales are:

 

Wholesale

Clients:

 

Professionals of the industry

Operations area:

 

National, International

The company imports from Japan

The subject employs 2840 employee(s)

PAYMENTS

 

regular

LOCATION

Headquarters

 

The company is headquartered at 375 Lexington Avenue, New York, NY 10017, USA

Branches:

 

Broadway Office

1411 Broadway, Room 610

New York, NY 10018

 

4321 West College Avenue

Suite 380

Appleton, WI 54914

Tel: 920-832-0465

Fax: 920-380-9408

 

30 South Wacker Drive

Suite 3625

Chicago, IL 60606

Tel: 312-382-0030

Fax: 312-382-0033

 

2000 Town Center

Suite 1390

Southfield, MI 48075

Tel: 248-353-7060

Fax: 248-353-0649

 

2800 Post Oak Boulevard

Suite 6000

Houston, TX 77056

Tel: 713-871-5700

Fax: 713-871-1726

 

515 South Figueroa Street

Suite 2000

Los Angeles, CA 90071

Tel: 213-972-2700

Fax: 213-688-7462

 

1125 South 103rd Street

Suite 475

Omaha, NE 68124

Tel: 402-934-1061

Fax: 402-934-1063

 

3945 Freedom Circle

Suite 1000

Santa Clara, CA 95054

Tel: 408-330-0808

Fax: 408-330-0807

 

1776 I Street, N.W. Suite 725

Washington, D.C. 20006

Tel: 202-331-1167

Fax: 202-331-1319

 

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

This company is a wholly owned subsidiary of Marubeni Corporation

 

4-2, Ohtemachi 1-chome, Chiyoda-ku, Tokyo 100-8088, Japan

Tel: [81] (3) 3282-2111

 

P. O. Box 595, Ginza Branch, Japan Post Service Co., Ltd.

TOKYO, 100-8692 JAPAN

 

Management:

 

Koichi Mochizuki, Chief Executive Officer

Takashi Ishigami, Chief Operating Officer

Nobuhiro Yabe, Chief Financial Officer

Shimpei Takimoto, IT Executive

 

Related Companies:

 

ADM Marubeni Transportation, LLC

Advantage Funding Management Co, Inc.

A.T. Clayton & Co.

Avenue Machinery Corporation

Belterra Corporation

CoActiv Capital Partners, INC.

CoActiv Capital Partners Canada Inc.

Among others

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

We have contacted an operator who refused to provide us any financial data without knowing the name of the inquiring party.

Comments on the financial data: The company\'s range of revenue is within over $1 billion (USD).

Legal Fillings

 There are several UCCs files listed with the Secretary of State of New York.

 

There are no legal filings listed with the District Court.

 

THE COMPANY IS NOT LISTED ON THE OFAC LIST.*

 

 

For information:

 

* The Specially Designated Nationals (SDN) List is a publication of OFAC which lists individuals and organizations with whom United States citizens and permanent residents are prohibited from doing business.

 

 

** The Uniform Commercial Code (UCC) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of America. 

 

The UCC deals primarily with transactions involving personal property (movable property), not real property (immovable property).

 

It allows a creditor to notify other creditors about a debtor’s assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

 

The Uniform Commercial Code Bureau files and maintains on financial obligations (including IRS liens) incurred by individuals (in business as a sole proprietor), business entities and corporations.

 

 

Rating

 

Local credit bureau gave a Correct credit rate.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 

 Final Opinion

 

The subject is a big sized US company as it currently has a staff of 2840 employees.

 

It was incorporated for business in 1951. Therefore, it has more than 59 years of experience.

 

MARUBENI AMERICA CORPORATION is a subsidiary of Marubeni Corporation, a public company located in Tokyo, Japan.

 

It operates as a general trading company, engaged as an intermediary, importer/exporter, facilitator or broker in various types of trade between and among business enterprises and countries.

 

The income per employee remains pretty good for the company’s size.

 

There were no legal filings found against the company or its legal representatives.

 

Credit line may be considered for USD 2,000,000-.

 



SUMMARY


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

 

Profitability

N.A.

Public Records

NO

 

Indebtedness

N.A.

Payments

REGULAR

 

Cash

NORMAL

 

 

 

 

 

APPENDIX

 

Person Interviewed

 

Operator

Comments

 

The person we contacted refused to provide us any financial data without knowing the name of the inquiring party.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.27

UK Pound

1

Rs.73.34

Euro

1

Rs.64.58

 

 

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

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

--

NB

                                       New Business

 

--

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.