MIRA
INFORM REPORT
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Report Date : |
26.12.2011 |
IDENTIFICATION DETAILS
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Name : |
NIHON ENTEGRIS KK |
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Registered Office : |
Mita Kokusai Bldg 11F, 1-4-28 Mita
Minatoku Tokyo 108-0073 |
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Country : |
Japan |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
November 1968 |
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Com. Reg. No.: |
(Tokyo-Minatoku) 023308 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer of gas filters, chemical equipment, water purifier, semiconductors, other. |
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No. of Employees : |
300 |
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 545.9 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) |
|
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
NIHON ENTEGRIS KK
REGD NAME: Nihon
Entegris KK
MAIN OFFICE: Mita
Kokusai Bldg 11F, 1-4-28 Mita Minatoku Tokyo 108-0073 JAPAN
Tel:
03-5442-9761 Fax: 03-5442-9731
*.. The is its Factory
in Yamagata-Pref
URL: http://www.entegris.com/nihon
E-Mail address: (thru the URL)
ACTIVITIES
Mfg of gas
filters, chemical equipment, water purifier, semiconductors, other
BRANCHES
Osaka, Fukuoka
FACTORIES
Yonezawa (2)
OFFICERS
TAKASHI MIZUNO,
PRES
Yen Amount: In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 17,959 M
PAYMENTS REGULAR CAPITAL Yen 1,640 M
TREND UP WORTH Yen 7,215 M
STARTED 1968 EMPLOYES 300
COMMENT
MFR OF GAS FILTERS, SEMICONDUCTOR WAFERS, OTHER.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT:
YEN 545.9 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established
by Entegris Inc, USA, as its mfg & marketing base in Japan. This is a specialized mfr of gas filters,
chemical equipment, semiconductor wafers, water purifiers, other. Materials are supplied from the USA parent
and its group companies. In Jan 2006,
merged with Nihon Mykrolis KK and renamed as captioned. Clients include major electronics makers
nationwide.
FINANCIAL INFORMATION
The sales volume for Dec/2010 fiscal
term amounted to Yen 17,959 million, a 70% up from Yen 10,585 million in the
previous term. The previous term was
affected by the global economic downturn and operations came back to
normal. Exports rose. The recurring profit was posted at Yen 2,279
million and the net profit at Yen 1,137 million, respectively, compared with
Yen 448 recurring loss and Yen 383 million net losses, respectively, a year
ago.
For the current term ending Dec 2011
the recurring profit is projected at Yen 2,280 million and the net profit at
Yen 1,140 million, respectively, on a similar turnover, at Yen 18,000 million.
The financial situation is considered FAIR
and good for ORDINARY business engagements.
Max credit limit is estimated at Yen 545.9 million, on 30 days normal
terms.
REGISTRATION
Date Registered: Nov
1968
Regd No.:
(Tokyo-Minatoku) 023308
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 32,800 shares
Issued: 32,800 shares
Sum: Yen 1,640 million
Major
shareholders (%): Entegris Inc (USA) (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Manufactures gas
filters, water purifiers, chemical equipment, semiconductor wafers,
electrochemical plating/disposition (ECD/ECP), automatic biochemical analyzer,
other (--100%)
Clients: [Mfrs, wholesalers]
Tokyo Electron Ltd, Toshiba Corp, Sony Corp, Hitachi Ltd, Fujitsu Ltd, Canon
Inc, Nikon Corp, Sanyo Electric Co, Sumco, Dainippon Screen Mfg, other
No. of accounts:
500
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Entegris Inc (USA), KMC, Roki Techno Co, other
Payment record: Regular
Location: Business area in
Tokyo. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References: SMBC
(Mitadori)
MUFG
(Shinagawa-Ekimae)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
31/12/2011 |
31/12/2010 |
31/12/2009 |
31/12/2008 |
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Annual
Sales |
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18,000 |
17,959 |
10,585 |
16,920 |
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Recur.
Profit |
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2,280 |
2,279 |
-448 |
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Net Profit |
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1,140 |
1,137 |
-383 |
587 |
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Total
Assets |
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12,305 |
10,675 |
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Current
Assets |
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8,795 |
6,930 |
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Current
Liabs |
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3,866 |
3,373 |
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Net
Worth |
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7,215 |
6,078 |
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Capital,
Paid-Up |
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1,640 |
1,640 |
1,640 |
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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 |
0.23 |
69.66 |
-37.44 |
-30.39 |
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Current Ratio |
|
.. |
227.50 |
205.46 |
.. |
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N.Worth Ratio |
.. |
58.63 |
56.94 |
.. |
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R.Profit/Sales |
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12.67 |
12.69 |
-4.23 |
.. |
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N.Profit/Sales |
6.33 |
6.33 |
-3.62 |
3.47 |
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Return On Equity |
.. |
15.76 |
-6.30 |
.. |
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Notes: 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.52.72 |
|
|
1 |
Rs.82.70 |
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Euro |
1 |
Rs.68.90 |
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 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.