MIRA INFORM REPORT
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Report Date : |
26.08.2011 |
IDENTIFICATION DETAILS
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Name : |
ANMOL GEMS INC |
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Registered Office : |
1-24-6 Seta Setagayaku Tokyo 158-0095 |
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Country : |
Japan |
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Date of Incorporation : |
March 1997 |
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Com. Reg. No.: |
0109-02-026134 (Tokyo-Setagayaku) |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Import, Wholesale, Retail of diamonds, jewelry, ladies’
bags & accessories, fruits |
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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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
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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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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
ANMOL GEMS INC
REGD NAME
YK Anmol Gems
MAIN OFFICE
1-24-6 Seta
Setagayaku Tokyo 158-0095 JAPAN
Tel:
03-3839-5999 Fax: 03-3839-5990
*.. Moved to the caption address in Apr 2011 from: 301 YMD Bldg, 5-13-7 Ueno Taitoku Tokyo, as given
URL: N/A
ACTIVITIES
Import,
wholesale, retail of diamonds, jewelry, ladies’ bags & accessories, fruits
BRANCHES
Nil
OFFICERS
SONAL
SHAH SHAILES KUMAR, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 100 M*
PAYMENTS Unknown
CAPITAL Yen 25 M
TREND UNDETD WORTH Yen 25 M**
STARTED 1997 EMPLOYES 3-5
*..
Estimated figures only as financials undisclosed
**..
Expressed by the paid-in capital
COMMENT
TRADING FIRM SPECIALIZING IN JEWELRY, BAGS AND FRUITS.
FINANCIAL SITUATION UNDETERMINED DUE TO THE LACK OF PROVEN
BUISNESS BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE PROVEN BUSINESS
HIGHLIGHTS
The subject company was established by Shah Shailes, Indian resident, in
order to make most of her experience in the subject line of business. This is a trading firm for import, wholesale
and retail of diamonds & jewelry as mainline, and ladies’ bags &
accessories, fresh fruits, other, all from India. Goods are sold online, too.
FINANCIAL INFORMATION
Financial are not disclosed. The firm
declined to disclose them, saying that this is a private & household
company and not traded publicly.
The sales turnover for one year term is estimated at around between Yen
100 & Yen 200 million, as gathered from conversation with the firm. These figures, however, are not verified by
third parties. There is no availability
of proven business.
Both the financial situation and business records are not determined due
to the lack of proven business records but should be good for MODERATE business
engagements. Max credit limit is unable
to be assessed due to the same reason.
REGISTRATION
Date Registered: Mar 1997
Regd No.: 0109-02-026134 (Tokyo-Setagayaku)
Legal Status:
Private Limited Company (Yugen Kaisha)
Authorized:
2,000 shares
Issued: 500 shares
Sum: Yen 25 million
Major shareholders (%): Sonal Shah Shailes Kumar (100)
Nothing
detrimental is known as to her commercial morality.
OPERATION
Activities: Imports,
wholesales and retails diamonds, jewelry products & accessories (--70%),
ladies’ bags, purse, other clothing accessories, fresh fruits (mango, other)
(--30%), all imported from India.
Clients: Jewelry
processors, jewelry stores, wholesalers, customers, other
No. of accounts:
Unavailable
Domestic areas of
activities: Centered in greater-Tokyo
Suppliers: [Mfrs,
wholesalers] Imports from India
Location: Business area in
Tokyo. Office premises at the caption
address are owned by S S Shailes as her private residence and maintained
satisfactorily.
Bank References:
· Local Bank (Tokyo)
Relations:
Money deposits & transfers only
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.46.13 |
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UK Pound |
1 |
Rs.75.52 |
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Euro |
1 |
Rs.66.53 |
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.