MIRA INFORM REPORT

 

 

Report Date :

07.01.2011

 

IDENTIFICATION DETAILS

 

Name :

JUN AOKI & ASSOCIATES LTD

 

 

Registered Office :

Harajuku New Royal Bldg #701, 3-38-11 Jingumae Shibuyaku Tokyo 150-0001

 

 

Country :

Japan

 

 

Financials (as on) :

31.01.2010

 

 

Date of Incorporation :

February 1991

 

 

Com. Reg. No.:

(Tokyo-Shibuyaku) 040056

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Architect’s Office

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

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

 

JUN AOKI & ASSOCIATES LTD

 

 

REGD NAME 

 

Aoki Jun Kenchiku Keikaku Jimusho

 

 

MAIN OFFICE

 

Harajuku New Royal Bldg #701, 3-38-11 Jingumae Shibuyaku Tokyo 150-0001, JAPAN

Tel: 03-5414-3471     Fax: 03-5414-3472

 

URL:                 www.aokijun.com   

E-mail:             info@aokijun.com           

 

 

ACTIVITIES

 

Architect’s Office

 

 

BRANCHES   

 

Nil

 

 

OFFICER(S)

 

·         JUN AOKI, PRES

·         Akio Kawabata, dir

·         Tatsuo Aoki, dir

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        FAIR                 A/SALES          Yen 135 M

PAYMENTS      REGULAR         CAPITAL           Yen 10 M

TREND             SLOW              WORTH            Yen 143 M

STARTED         1991                 EMPLOYES      10

 

 

COMMENT    

 

ARCHITEC’S OFFICE. 

 

FINANCIAL SITUATION CONSIDERED FAIR AND 5.8GOOD FOR ORDINARY BUSINESS ENGAGEMENTS

 

MAX CREDIT LIMIT: YEN ^ MILLION, 30 DAYS NORMAL TERMS

 

 

HIGHLIGHTS

           

The subject company was established by Jun Aoki, an architect, in order to make most of his experience in the subject line of business after working a well-known architect’s office, Arata Isozaki.  The first work was the designing of Luis Vuitton stores in Japan.  Business is seen prospering by his name. 

 

 

FINANCIAL INFORMATION

 

The sales volume for Jan/2010 fiscal term amounted to Yen 135 million, a 26% decline from Yen 182 million in the previous term, as affected by the global economic downturn.  Building construction works declined substantially.  No new constructions were in sight, except for remodeling or refurbishing of old buildings.  The net profit was posted at Yen 8 million, compared with Yen 9 million a year ago.  .

 

For the current term ending Jan 2011 the net profit is projected at Yen 8 million, on a 7% rise in turnover, to Yen 145 million. 

           

The financial situation is considered FAIR and good for ORDINARY business engagements.  Max credit limit is estimated at Yen 5.8 million, on 30 days normal terms. 

 

 

REGISTRATION

 

Date Registered:          Feb 1991

Regd No.:                     (Tokyo-Shibuyaku) 040056

Legal Status:   　         Limited Company (Kabushiki Kaisha)

Authorized:      　         800 shares

Issued:                         200 shares

Sum:                　         Yen 10 million

Major shareholders (%): Jun Aoki (88), Minoru Meguro (10), Yoshinobu Yasui (0.5), Takeshi Nagano

(0.5), Masaru Kojima (0.5)

 

No. of shareholders:    5

 

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

 

 

OPERATION

 

Activities: Architectural designing office (100%).

 

Clients: Construction firms, house building firms, other

            No. of accounts: Unavailable

            Domestic areas of activities: Nationwide

 

Payment record: Regular

 

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

 

 

Bank References

 

·         MUFG (Omotesando)

Relations: Money deposits & transfers only

 

 

FINANCES

(In Million Yen)

 

       Terms Ending:

31/01/2011

31/01/2010

31/01/2009

31/01/2008

Annual Sales

　

145

135

182

180

Recur. Profit

　

　

　

　

　

Net Profit

　

8

8

9

5

Total Assets

　

　

216

　

　

Current Assets

　

　

211

　

　

Current Liabs

　

　

72

　

　

Net Worth

　

　

143

　

　

Capital, Paid-Up

　

　

10

　

　

Div.P.Share(¥)

　

　

0.00

0.00

0.00

<Analytical Data>

(%)

(%)

(%)

(%)

    S.Growth Rate

7.41

-25.82

1.11

5.88

    Current Ratio

 

..

293.06

..

..

    N.Worth Ratio

..

66.20

..

..

    R.Profit/Sales

 

..

..

..

..

    N.Profit/Sales

5.52

5.93

4.95

2.78

    Return On Equity

..

5.59

..

..

 

Notes: Financials are disclosed in digested form only for the first time for the 31/01/2010 term.

 

Forecast (or estimated) figures for the 31/01/2011 fiscal term. 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.31

UK Pound

1

Rs.70.26

Euro

1

Rs.59.56

 

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.