MIRA
INFORM REPORT
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Report Date : |
16.12.2011 |
IDENTIFICATION DETAILS
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Name : |
TWENTY ONE COMMUNITY CO LTD |
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Registered Office : |
Roppongi Bldg 6F, 6-1-12 Roppongi Minatoku Tokyo 106-0032 |
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Country : |
Japan |
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Financials (as on) : |
31.08.2010 |
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Date of Incorporation : |
September 1996 |
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Com. Reg. No.: |
(Tokyo-Minatoku) 089827 |
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Legal Form : |
Limited Company |
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Line of Business : |
Business consultant; import of wines |
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No. of Employees : |
30 |
RATING & COMMENTS
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MIRAs 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 25.5 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 30, 2011
|
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 and address
TWENTY ONE COMMUNITY CO LTD
REGD NAME: KK
Twenty One Community
MAIN OFFICE: Roppongi
Bldg 6F, 6-1-12 Roppongi Minatoku Tokyo 106-0032 JAPAN
Tel:
03-5413-3211 Fax: 03-5413-3212
E-Mail address: (thru the UEL)
ACTIVITIES
Business
consultant; import of wines
BRANCHES
Setagaya
RESTAURANT
At the caption
address; shop
OFFICERS
SATOSHI MORIKAWA,
PRES Atsushi Kawamura, dir
Kumi Komatsu, dir Mitsuko Miki, dir
Etsuya Kawamura,
dir Seki
Morikawa, dir
Yen Amount: In
million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 838 M
PAYMENTS REGULAR CAPITAL Yen 50 M
TREND SLOW WORTH Yen
3,376 M
STARTED 1996 EMPLOYES 30
COMMENT
BUSINESS CONSULTANT; IMPORT OF WINES.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR CREDIT ENGAGEMENTS: US$100,000.00.
MAX CREDIT LIMIT:
YEN 25.5 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established
by Satoshi Morikawa in order to make most of his experience in the subject line
of business. This is a business
consultant, and importer of wines. Wines
are imported from France, Italy, other.
In Sept 2010, the firm opened a restaurant and wine shop at the caption address,
which is owned. Wines are supplied to
restaurants, hotels, night clubs, other.
Also retailed online.
FINANCIAL INFORMATION
Financial are only partially
disclosed as is the case with family-based companies.
The sales volume for Aug/2010 fiscal term amounted to Yen 838 million, a
10% down from Yen 926 million in the previous term. This is referred to the price down of wines,
and further high Yen reduced import earnings in Yen terms. The net profit was posted at Yen 115 million,
compared with Yen 251 million a year ago.
For the term that ended Aug 2011 the
net profit was projected at Yen 120 million, on a 4% rise in turnover, to Yen
870 million. Newly opened restaurant and
shop contributed. Final results are yet
to be released.
The financial situation is considered FAIR
to GOOD and responsible for ORDINARY business engagements. Max credit limit is estimated at Yen 25.5
million, on 30 days normal terms. The
proposed amount is considered well within the firms financial capacities
REGISTRATION
Date Registered:
Sept 1996
Regd No.:
(Tokyo-Minatoku) 089827
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 4,000 shares
Issued: 1,000 shares
Sum: Yen 50 million
Major
shareholders (%): Satoshi Morikawa (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Business
consultancy (60%), imports, wholesales and retails wines, restaurant, real
estate management, staff dispatch, other (40%)
Clients: [Restaurants,
hotels, consumers] Roppongi Club (Chick), Fujiya Hotel, Itochu Shokuhin Co, Al
Katraz System, other
No. of accounts:
300
Domestic areas of
activities: Nationwide
Suppliers: [Wineries, wholesalers]
Borie-Manoux, Vinorum, Nomura Unison Group, AMG, other.
Payment record: Regular
Location: Business area in
Tokyo. Office premises at the caption
address are owned and maintained satisfactorily.
Bank References:
MUFG (Roppongi)
SMBC (Shibuya)
Relations: Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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31/08/2011 |
31/08/2010 |
31/08/2009 |
31/08/2008 |
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Annual
Sales |
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870 |
838 |
926 |
978 |
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Recur.
Profit |
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Net
Profit |
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120 |
115 |
251 |
162 |
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Total
Assets |
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N/A |
2,392 |
N/A |
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Net
Worth |
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3,376 |
2,296 |
2,120 |
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Capital,
Paid-Up |
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50 |
50 |
50 |
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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 |
3.82 |
-9.50 |
-5.32 |
-3.36 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
95.99 |
.. |
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N.Profit/Sales |
13.79 |
13.72 |
27.11 |
16.56 |
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Notes: Financials are
only partially disclosed.
Forecast (or
estimated) figures for the 31/08/2011 fiscal term.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.23 |
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1 |
Rs.83.77 |
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Euro |
1 |
Rs.70.46 |
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 |
-- |
This score serves as a reference to assess SCs 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.