MIRA INFORM REPORT

 

 

Report Date :

17.12.2011

 

IDENTIFICATION DETAILS

 

Name :

ALLEGHENY TECHNOLOGIES JAPAN LTD

 

 

Registered Office :

Nippon Seimei Akasaka Bldg 9F, 9-1-19 Akasaka Minatoku Tokyo 107-0052

 

 

Country :

Japan

 

 

Date of Incorporation :

October 1971

 

 

Com. Reg. No.:

(Tokyo-Minatoku) 063416

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Import, export, wholesale of specialty metals

 

 

No. of Employees :

10

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

Payment Behaviour :

Unknown

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)

Japan

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name and address

 

ALLEGHENY TECHNOLOGIES JAPAN LTD

REGD NAME:    Allegheny Technologies Japan KK

MAIN OFFICE:  Nippon Seimei Akasaka Bldg 9F, 9-1-19 Akasaka Minatoku Tokyo 107-0052

JAPAN

                        Tel: 03-5770-3880      Fax: 03-5770-0955

                                               

URL:                 http://www.atjapan.co.jp

E-Mail address: (thru the URL)

 

 

ACTIVITIES

 

Import, export, wholesale of specialty metals

 

BRANCHES   

 

Nil

 

 

OFFICERS

 

MICHAEL A ROBINS, PRES                  Richard J Harshman, rep dir

John D Walton, dir                                 Eliot S Davis, dir                       

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY    

 

FINANCES                    FAIR                             A/SALES          UNAVAILABLE*

PAYMENTS      UNKNOWN                   CAPITAL           Yen 49 M

TREND             UNDETD                       WORTH            UNAVAILABLE*

STARTED                     1971                             EMPLOYES      10

 

*.. Financials are consolidated by the USA parent and not disclosed

 

COMMENT

 

TRADING FIRM SPECIALIZING IN SPECIALTY METALS, OWNED BY

ALLEGHENY TECHNOLOGIES INCORPORATED, USA.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

                       

MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE LACK OF PROVEN BUSINESS, WHICH THE FIRM DOES NOT DISCLSOE.

 

 

HIGHLIGHTS

           

            The subject company was established by Allegheny Technologies Inc, USA, as its marketing base in Japan.  This is a trading firm specializing in import, export and wholesale of specialty metals (See OPERATION).  Goods are wholly supplied by the USA parent and its group firms.

 

 

FINANCIAL INFORMATION

           

            Financial are consolidated by the US parent and not disclosed individually.  No outside sources have any data or information thereof, either.

 

The financial situation is considered FAIR by the financials strength of the US parent and good for ORDINARY business engagements.  Max credit limit is unable to be assessed due to the lack of proven business records.

 

 

REGISTRATION

 

Date Registered:  Oct 1971

Regd No.:             (Tokyo-Minatoku) 063416

Legal Status:      Limited Company (Kabushiki Kaisha)

Authorized:         980 shares

Issued:                980 shares

Sum:                   Yen 49 million

Major shareholders (%): Allegheny Technologies Inc (100)

 

Nothing detrimental is known as to the commercial morality of executives.

 

 

OPERATION

           

Activities: Imports, exports and wholesales specialty metals (100%).

 

(Handling Items):

High-Performance Metals: nickel- & cobalt-based alloys & super alloys, titanium & titanium-based alloys, zirconium & zirconium chemicals, hafnium & niobium, tantalum, other specialty metals;

Flat-Rolled Products: stainless steel sheets, strip & plates, precision rolled strips products, nickel-based alloys, titanium, grain-oriented steel, armor;

Engineered Products: tungsten powder, tungsten mill products, tungsten carbide materials & cutting tools, large gray & ductile iron castings, carbon, alloy steel and non-ferrous forgings, other.

 

Clients: [Mfrs, wholesalers] Furukawa Electric Inc, Mitsui Engineering & Shipbuilding Ind, Mitsubishi Heavy Ind, Hitachi Ltd, Japan Superconductor Technology, IHI Corp, JFE Steel, other

No. of accounts: 300

Domestic areas of activities: Nationwide

Suppliers: [Mfrs] Supplied wholly from Allegheny Technologies Inc, USA, and its group firms

 

Payment record: Regular

 

Location: Business area in Tokyo.  Office premises at the caption address are leased and maintained satisfactorily.

 

Bank References:

                        MUFG (Jinbocho)

                        SMBC (Iidabashi)

                        Relations: Satisfactory

 

 

FINANCES

(In Million Yen)

 

NOT MADE AVAILABLE

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.81

UK Pound

1

Rs.82.00

Euro

1

Rs.68.81

 

 

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%)

 

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