MIRA INFORM
REPORT
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Report Date : |
05.01.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
VISCAS CORPORATION INCORPORATED IN |
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Registered Office : |
No |
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Country : |
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Date of Incorporation : |
11.05.2007 |
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Com. Reg. No.: |
2007/013922/10 |
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Legal Form : |
----- |
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Line of Business : |
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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 : |
Clear |
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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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a2 |
a2 |
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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
VISCAS CORPORATION
POSTAL ADDRESS
Postnet Suite no. 1
Private Bag X87
BRYANSTON
2021
Telephone Number: 011 447 1502
On investigation it was established that the correct registered name of the subject is VISCAS CORPORATION INCORPORATED IN JAPAN, Registration Certificate Number: 2007/013922/10, which report should be consulted.
COMPANY NAME
VISCAS CORPORATION
INCORPORATED IN
POSTAL ADDRESS
Postnet Suite No 1
Private Bag X87
Bryanston
2021
Telephone Number: 011 447 1502
Fax Number:
On investigation contact was made with the financial director who declined to assist with any information and stated that the investigator should contact the auditors PRICEWATERHOUSECOOPERS INC which was duly done. Respondents at the auditors requested that an email questionnaire be forwarded to which he would confirm whether he could supply any information. As soon as any information is forthcoming the same will be compiled and forwarded to our client.
Nevertheless, please see statutory information obtained from CIPRO below:
COMPANY NAME
VISCAS CORPORATION
INCORPORATED IN
ADDRESSES ON CIPRO RECORDS
PHYSICAL ADDRESS:
No
POSTAL ADDRESS:
Postnet Suite No 1
Private Bag X87
Bryanston
2021
DIRECTORS
YOSHIO HIGAKI
D.O.B: 440812
Residential Address: 1850-5 Mimuro, Midori-Ku,
Postal Address: 4-12-2 Higashi-Shinagawa, Shinagawa-Ku,
Date Appointed: 11 May 2007
HITOSHI KIMURA
D.O.B: 471126
Residential Address: 4-499-2 Kofudai,
Postal Address: 4-12-2 Higashi Shinagawa, Shinagawa-Ku,
Date Appointed: 11 May 2007
MOTOO SHIMADA
D.O.B: 500208
Residential Address: Kami-Oosaki,
Postal Address: 4-12-2 Higashi Shinagawa, Shinagawa-Ku,
Date Appointed: 11 May 2007
NORIYUKI TAKADA
Passport No: TF5865863
Residential Address: Fukuei 4-30-10,
Postal Address: 4-12-2 Higashi Shinagawa, Shinagawa-Ku,
Date Appointed: 26 June 2008
HAJIME TAKEHANA
D.O.B: 480811
Residential Address: 1430-14 Joza, Sakura,
Postal Address: 4-12-2 Higashi Shinagawa, Shinagawa-Ku,
Date Appointed: 11 May 2007
TERUYOSHI TANABE
D.O.B: 460617
Residential Address: 5-12-1 Asahigaoka,
Hanamigawa-Ku,
Postal Address: 4-12-2 Higashi Shinagawa, Shinagawa-Ku,
Date Appointed: 11 May 2005
DATE REGISTERED
11 May 2007
Registration Certificate Number: 2007/013922/10
ISSUED SHARE CAPITAL
736 457 699 shares of 1 yen each
AUDITORS
PRICEWATERHOUSECOOPERS INC
Business Address:
Postal Address: Private
Bag X36, Sunninghill, 2157
YEAR END
MARCH
COMMENTS
In view of the lack of information on the subject, we are not in a position to recommend credit dealings to an extent of US$1 000 000.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.84 |
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1 |
Rs.69.32 |
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Euro |
1 |
Rs.59.79 |
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.