MIRA INFORM REPORT

 

 

 

Report Date :

27.07.2011

 

IDENTIFICATION DETAILS

 

Name :

SEKIDO & CO INC

 

 

Registered Office :

38 Higashi-Hatada Saichi-cho Iwakura-shi, 482-0036

 

 

Country :

Japan

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Miscellaneous fishing activities, such as catching or taking of sea urchins, terrapins, turtles, and frogs

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

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

 

Top of Form

Sekido & Co Inc

           

 

38 Higashi-Hatada Saichi-cho

 

 

Iwakura-shi, 482-0036

Japan

 

Tel:

81-666111

 

 

 

Employees:

29

Company Type:

Private Independent

 

 

Reporting Currency:

US Dollar

Annual Sales:

NA

Total Assets:

NA

 

Business Description

 

 

 

Establishments primarily engaged in miscellaneous fishing activities, such as catching or taking of sea urchins, terrapins, turtles, and frogs. The gathering of seaweed and sponges is also included in this industry.

 

Industry

             

 

Industry

Fish and Livestock

ANZSIC 2006:

0419 - Other Fishing

NACE 2002:

0501 - Fishing

NAICS 2002:

114119 - Other Marine Fishing

UK SIC 2003:

0501 - Fishing

US SIC 1987:

0919 - Miscellaneous Marine Products

 

Key Executives   

 

 

Name

Title

Kazuo Sekido

President

Sizuo Sugita

Company Director

 

News

 

 

 

 

Title

Date

Sekido Expects This FY Parent Net Profit Y20.00M
Nikkei English News (65 Words)

12-Jul-2011

Sekido FY Parent Net Pft Y16.00M Vs Y33.00M Pft Yr Earlier
Nikkei English News (120 Words)

2-May-2011

Sekido FY Parent Net Pft Y15.00M Vs Y33.00M Pft Yr Earlier
Nikkei English News (120 Words)

15-Apr-2011

Sekido Expects This FY Parent Net Profit Y20.00M
Nikkei English News (109 Words)

15-Apr-2011

Sekido 1H Parent Net Loss Y231.00M Vs Y271.00M Loss Yr Earlier
Nikkei English News (124 Words)

24-Sep-2010

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1

2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1


Corporate Overview

 

Location
38 Higashi-Hatada Saichi-cho
Iwakura-shi, 482-0036
Japan

 

Tel:

81-666111

 

Suggest Company URL

 

Sales USD(mil):

NA

Assets USD(mil):

NA

Employees:

29

 

Industry:

Fish and Livestock

Company Type:

Private Independent

Quoted Status:

Not Quoted

 

President:

Kazuo Sekido

 

Contents

·         Industry Codes

·         Business Description

·         Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

0419

-

Other Fishing

1192

-

Prepared Animal and Bird Feed Manufacturing

 

NACE 2002 Codes:

0501

-

Fishing

157

-

Manufacture of prepared animal feeds

 

NAICS 2002 Codes:

114119

-

Other Marine Fishing

311119

-

Other Animal Food Manufacturing

 

US SIC 1987:

0919

-

Miscellaneous Marine Products

2048

-

Prepared Feed and Feed Ingredients for Animals and Fowls, Except Dogs and Cats

 

UK SIC 2003:

157

-

Manufacture of prepared animal feeds

0501

-

Fishing

 

 

Business Description

Establishments primarily engaged in miscellaneous fishing activities, such as catching or taking of sea urchins, terrapins, turtles, and frogs. The gathering of seaweed and sponges is also included in this industry.

 

 

 

 

 

 

 

Key Corporate Relationships

Bank:

Juroku Bank Ltd, The

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Executives Report

 

 

Executives

 

Name

Title

Function

Kazuo Sekido

 

President

President

Sizuo Sugita

 

Company Director

Other

 

Sekido Expects This FY Parent Net Profit Y20.00M

Nikkei English News: 12 July 2011
[What follows is the full text of the news story.]

 

Sekido Co. also released the following forecasts:

PARENT 1st Half To Year Ending

Aug 2011Feb 2012

Revenue Y10.70 blnY23.00 bln

Operating Profit (71.00) mln 145.00 mln

Pretax Profit (96.00) mln 100.00 mln

Net Profit (145.00) mln 20.00 mln

Per share

Earnings (10.23) 1.41

Figures in parentheses are losses.

Results are based on Japanese accounting standards.

 

Sekido FY Parent Net Pft Y16.00M Vs Y33.00M Pft Yr Earlier

Nikkei English News: 02 May 2011
[What follows is the full text of the news story.]

 

Sekido Co. (9878.TO)

Japan

Year Ended February 20

PARENT 2011 2010

Revenue Y21.82 blnY20.80 bln

Operating Profit 51.00 mln 37.00 mln

Pretax Profit 26.00 mln 28.00 mln

Net Profit 16.00 mln 33.00 mln

Per share

Earnings 1.14 2.36

Dividend

First quarter N/A N/A

Midyear 0.00 0.00

Year-end 1.00 1.00

Annual 1.00 1.00

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=IkZbf4uWAdCgZPErs8im6A%3D%3D. You can use this link on the day this article is published and the following day.

Sekido Expects This FY Parent Net Profit Y20.00M

Nikkei English News: 02 May 2011
[What follows is the full text of the news story.]

 

Sekido Co. also released the following forecasts:

PARENT 1st Half To Year Ending

Aug 2011Feb 2012

Revenue Y10.70 blnY23.00 bln

Operating Profit (71.00) mln 145.00 mln

Pretax Profit (96.00) mln 100.00 mln

Net Profit (145.00) mln 20.00 mln

Per share

Earnings (10.23) 1.41

Figures in parentheses are losses.

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=IkZbf4uWAdCgZPErs8im6A%3D%3D. You can use this link on the day this article is published and the following day.

 

Sekido FY Parent Net Pft Y15.00M Vs Y33.00M Pft Yr Earlier

Nikkei English News: 15 April 2011
[What follows is the full text of the news story.]

 

Sekido Co. (9878.TO)

Japan

Year Ended February 20

PARENT 2011 2010

Revenue Y21.82 blnY20.80 bln

Operating Profit 54.00 mln 37.00 mln

Pretax Profit 25.00 mln 28.00 mln

Net Profit 15.00 mln 33.00 mln

Per share

Earnings 1.06 2.36

Dividend

First quarter N/A N/A

Midyear 0.00 0.00

Year-end 1.00 1.00

Annual 1.00 1.00

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=3PXFLMUE3WxTxIyzJVgUXw%3D%3D. You can use this link on the day this article is published and the following day.

 

Sekido Expects This FY Parent Net Profit Y20.00M

Nikkei English News: 15 April 2011
[What follows is the full text of the news story.]

 

Sekido Co. also released the following forecasts:

PARENT 1st Half To Year Ending

Aug 2011Feb 2012

Revenue Y10.70 blnY23.00 bln

Operating Profit (71.00) mln 145.00 mln

Pretax Profit (96.00) mln 100.00 mln

Net Profit (145.00) mln 20.00 mln

Per share

Earnings (10.23) 1.41

Figures in parentheses are losses.

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=3PXFLMUE3WxTxIyzJVgUXw%3D%3D. You can use this link on the day this article is published and the following day.

 


Sekido Expects This FY Parent Net Profit Y50.00M

Nikkei English News: 29 December 2010
[What follows is the full text of the news story.]

 

Sekido Co. also released the following forecasts:

PARENT Year Ending

Feb 2011

Revenue Y23.00 bln

Operating Profit 120.00 mln

Pretax Profit 100.00 mln

Net Profit 50.00 mln

Per share

Earnings 3.53

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=A2oiyw3VW5Q9Zf%2FhJ70hGQ%3D%3D. You can use this link on the day this article is published and the following day.

 

Sekido 1H Parent Net Loss Y231.00M Vs Y271.00M Loss Yr Earlier

Nikkei English News: 04 October 2010
[What follows is the full text of the news story.]

 

Sekido Co. (9878.TO)

Japan

1st Half Ended August 20

PARENT 2010 2009

Revenue Y9.95 blnY9.58 bln

Operating Profit (193.00) mln (223.00) mln

Pretax Profit (201.00) mln (230.00) mln

Net Profit (231.00) mln (271.00) mln

Per share

Earnings (16.34) (19.15)

Dividend

First quarter N/A N/A

Midyear 0.00 0.00

Year-end N/A 1.00

Annual N/A 1.00

Figures in parentheses are losses.

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=TiNG2rKrbwcSRGwE%2B3yIhQ%3D%3D. You can use this link on the day this article is published and the following day.

 

Sekido Expects This FY Parent Net Profit Y50.00M

Nikkei English News: 04 October 2010
[What follows is the full text of the news story.]

 

Sekido Co. also released the following forecasts:

PARENT Year Ending

Feb 2011

Revenue Y23.00 bln

Operating Profit 120.00 mln

Pretax Profit 100.00 mln

Net Profit 50.00 mln

Per share

Earnings 3.53

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=TiNG2rKrbwcSRGwE%2B3yIhQ%3D%3D. You can use this link on the day this article is published and the following day.

 

Sekido 1H Parent Net Loss Y231.00M Vs Y271.00M Loss Yr Earlier

Nikkei English News: 24 September 2010
[What follows is the full text of the news story.]

 

Sekido Co. (9878.TO)

Japan

1st Half Ended August 20

PARENT 2010 2009

Revenue Y9.95 blnY9.58 bln

Operating Profit (193.00) mln (223.00) mln

Pretax Profit (201.00) mln (230.00) mln

Net Profit (231.00) mln (271.00) mln

Per share

Earnings (16.34) (19.15)

Dividend

First quarter N/A N/A

Midyear 0.00 0.00

Year-end N/A 1.00

Annual N/A 1.00

Figures in parentheses are losses.

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=6uN7NCETTjhKngHQfUrJmg%3D%3D. You can use this link on the day this article is published and the following day.

 

Sekido Expects This FY Parent Net Profit Y50.00M

Nikkei English News: 24 September 2010
[What follows is the full text of the news story.]

 

Sekido Co. also released the following forecasts:

PARENT Year Ending

Feb 2011

Revenue Y23.00 bln

Operating Profit 120.00 mln

Pretax Profit 100.00 mln

Net Profit 50.00 mln

Per share

Earnings 3.53

Results are based on Japanese accounting standards.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=6uN7NCETTjhKngHQfUrJmg%3D%3D. You can use this link on the day this article is published and the following day.



 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.29

UK Pound

1

Rs.72.36

Euro

1

Rs.64.17

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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