MIRA INFORM REPORT
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Report Date : |
15.06.2011 |
IDENTIFICATION DETAILS
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Name : |
KREIS & CO INC |
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Registered Office : |
San Marino Shiodome 2F, 2-4-1 High-Shimbashi Minatoku Tokyo 105-0021 |
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Country : |
Japan |
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Financials (as on) : |
30.09.2010 |
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Date of Incorporation : |
November 1993 |
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Com. Reg. No.: |
(Tokyo-Minatoku) 008492 |
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Legal Form : |
Limited Company |
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Line of Business : |
Headhunting business; import,
wholesale of integrated kitchen systems |
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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Maximum Credit Limit : |
Yen 7.0 Million |
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Status : |
Small Company |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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
KREIS & CO INC
REGD NAME
KK Kreis & Company
MAIN OFFICE
San Marino
Shiodome 2F, 2-4-1 High-Shimbashi Minatoku Tokyo 105-0021, JAPAN
Tel:
03-5733-0050 Fax: 03-5733-0055
URL: http://www.kandc.com
E-Mail
address: (thru the URL)
ACTIVITIES
Headhunting
business; import, wholesale of integrated kitchen systems
LICENSE
Talent
Search (Permanent Placement License No. 13-ユ-040184)
BRANCHES
Nil
OFFICERS
TAKAHIRO
MARUYAMA, PRES
Mayumi Takahara, s/mgn dir
Motoo Nara, dir
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 361 M
PAYMENTS REGULAR CAPITAL Yen 13 M
TREND STEADY WORTH Yen
82 M
STARTED 1993 EMPLOYES 24
COMMENT
HEADHUNTING; IMPORT OF INTEGRATED KITCHEN SYSTEMS.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY
BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 7.0 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Takahiro Maruyama in order to make
most of his experience in the subject line of business. This is a licensed headhunting business on
the management executive level, especially IT professionals. It also has a trading division for importing
integrated kitchen systems & attachment.
Clients include major construction firms, house builders, other.
FINANCIAL INFORMATION
The sales volume for Sept 2010 fiscal term amounted to Yen 361 million,
a 5% up from Yen 345 million in the previous term. The headhunting of IT professionals
rose. Imports of system kitchens also
rose. The recurring profit was posted at
Yen 4 million and the net profit at Yen 4 million, compared with Yen 4 million
recurring profit and Yen 4 million net profit, respectively, a year ago.
For the current term ending Sept 2011 the recurring profit is projected
at Yen 5 million and the net profit at Yen 5 million, respectively, on a 5%
rise in turnover, to Yen 380 million.
The financial situation is considered FAIR and good for ORDINARY
business engagements. Max credit limit
is estimated at Yen 7.0 million, on 30 days normal terms.
REGISTRATION
Date Registered: Nov 1993
Regd No.: (Tokyo-Minatoku) 008492
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
1,040 shares
Issued: 260 shares
Sum: Yen 13 million
Major shareholders (%): Takahiro Maruyama (76), Mayumi
Takahara (24)
No. of shareholders: 2
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Headhunting, including
recruiting services & career consulting (--54%), imports and wholesales
integrated kitchen systems, attachment, other (--35%).
Clients: [Construction
firms, house builders] Takenaka Corp, Obayashi Corp, Shimizu Corp, Coca Cola
Japan, Yahoo Inc, Ajinomoto Co, Askul, other
No. of accounts: 500
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Space Warehouse, Minotticucine (Italy), Select Co, IBC, Kohoku Co,
En-Japan Inc, other
Payment record: Regular
Location:
Business area in Tokyo. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References:
Resona
Bank (Tamachi)
SMBC
(Mita)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
30/09/2011 |
30/09/2010 |
30/09/2009 |
30/09/2008 |
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Annual
Sales |
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380 |
361 |
345 |
538 |
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Recur.
Profit |
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5 |
4 |
4 |
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Net
Profit |
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5 |
4 |
4 |
6 |
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Total
Assets |
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261 |
265 |
271 |
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Current
Assets |
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176 |
189 |
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Current
Liabs |
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46 |
31 |
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Net
Worth |
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82 |
77 |
73 |
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Capital,
Paid-Up |
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13 |
13 |
13 |
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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 |
5.26 |
4.64 |
-35.87 |
15.45 |
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Current Ratio |
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.. |
382.61 |
609.68 |
.. |
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N.Worth Ratio |
.. |
31.42 |
29.06 |
26.94 |
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R.Profit/Sales |
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1.32 |
1.11 |
1.16 |
.. |
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N.Profit/Sales |
1.32 |
1.11 |
1.16 |
1.12 |
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Return On Equity |
.. |
4.88 |
5.19 |
8.22 |
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Notes:
Forecast (or estimated) figures for the 30/09/2011 fiscal term.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.77 |
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UK Pound |
1 |
Rs.73.45 |
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Euro |
1 |
Rs.64.55 |
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.