MIRA INFORM REPORT
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Report Date : |
07.12.2011 |
IDENTIFICATION DETAILS
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Name : |
GADELIUS KK |
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Registered Office : |
Entsuji Gadelius Bldg, 5-2-39 Akasaka
Minatoku Tokyo 107-0052 |
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Country : |
Japan |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
January 1998 |
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Com. Reg. No.: |
(Tokyo-Minatoku) 034575 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, Export, Wholesale of industrial machinery |
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No. of Employees
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140 Persons |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
Yen 127.8 million |
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Status : |
Satisfactory |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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
GADELIUS KK
REGD NAME
Gadelius KK
MAIN OFFICE
Entsuji Gadelius
Bldg, 5-2-39 Akasaka Minatoku Tokyo 107-0052 JAPAN
Tel:
03-3224-3414 Fax: 03-3224-3432
E-Mail address: (thru the UEL)
ACTIVITIES
Import,
export, wholesale of industrial machinery
BRANCHES
Sapporo,
Nagoya, Kobe, Fukuoka, Oita
OVERSEAS
Stockholm
(Sweden)
OFFICERS
COSTA
TYREFORS, PRES Shuzo
Matsuzaki, dir
Yoshihisa
Ikeda, dir Kazuaki
Gotoh, dir
Reiji
Nakamura, dir
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 7,057 M
PAYMENTS REGULAR CAPITAL Yen 550 M
TREND SLOW WORTH Yen
1,810 M
STARTED 1998 EMPLOYES 140
COMMENT
TRADING HOUSE SPECIALIZING IN INDUSTRIAL MACHINERY, OWNED BY
THE SWEDISH CAPITAL.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY
BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: YEN 127.8 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established originally in 1907 in Yokohama by Knut
Gadelius in order to make most of his experience in foreign trading. Reorganized and incorporated in 1998, under
the ownership of Gadelius Holdings Ltd, and renamed as captioned. This is a trading house specializing in
import, export and wholesale of industrial machinery: construction equipment,
insulated doors, oil spill protection, railway equipment, medical devices,
other. Clients include Self Defense
Ministry, Fire Stations, Tokyo-Metrop Police Stations, other, nationwide.
FINANCIAL INFORMATION
Financial are consolidated by the parent, Gadelius Holdings ltd, and
only partially disclosed.
The sales volume for Dec/2010 fiscal term amounted to Yen 7,057 million,
a 3% up from Yen 6,841 million in the previous term. Sales of construction equipment rose. Profitable medical instruments were also in
good demand. The net profit was posted
at Yen 384 million, compared with Yen 279 million a year ago.
For the current term ending Dec 2011 the net profit is projected at Yen
390 million, on a 3% rise in turnover, to Yen 7,300 million. Business is seen steadily expanding
The financial situation is considered FAIR and good for ORDINARY
business engagements. Max credit limit
is estimated at Yen 127.8 million, on 30 days normal terms.
REGISTRATION
Date Registered: Jan 1998
Regd No.: (Tokyo-Minatoku) 034575
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
11,000 shares
Issued: 11,000 shares
Sum: Yen 550 million
Major shareholders (%): Gadelius Holdings Ltd (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports, exports
and wholesales industrial machinery: construction equipment,
production/packaging machinery, food processing machinery, printing industry materials,
insulated doors, triple-glazed windows, ventilation, oil spill protection,
chemical protective suits, wide jet sprayer, food protection system, other
disaster relief equipment, railway equipment, electronics, orthopedic devices,
clinical training equipment, surgical instruments, diagnostic equipment,
medical consumables, other (--100%)
Clients: [Mfrs,
wholesalers] DIC, Sweden House, Kao Corp, Shiseido Co, Tokyo Electric Power,
Petroleum Assn of Japan, Dainippon Printing, other
No. of accounts: 500
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Shibaura Electronics Corp, Toyo Rubber Ind, other. Imports from
Europe, USA, Australia, Canada, other
Payment record: Regular
Location: Business area in
Tokyo. Office premises at the caption
address are owned and maintained satisfactorily.
Bank
References:
· Mizuho Bank (Ginzadori)
· MUFG (Aoyamadori)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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31/12/2011 |
31/12/2010 |
31/12/2009 |
31/12/2008 |
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Annual
Sales |
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7,300 |
7,057 |
6,841 |
7,792 |
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Recur.
Profit |
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Net
Profit |
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390 |
384 |
279 |
113 |
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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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1,810 |
1,426 |
1,147 |
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Capital,
Paid-Up |
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550 |
550 |
550 |
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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 |
3.44 |
3.16 |
-12.20 |
-34.86 |
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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 |
5.34 |
5.44 |
4.08 |
1.45 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/12/2011 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.39 |
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UK Pound |
1 |
Rs.80.20 |
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Euro |
1 |
Rs.68.92 |
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.