MIRA INFORM REPORT
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Report Date : |
14.03.2011 |
IDENTIFICATION DETAILS
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Name : |
DENNO CO LTD |
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Registered Office : |
Soko Bldg 4F,
1-7-8 Tabata-Shinmachi Kitaku |
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Country : |
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Date of Incorporation : |
May
1998 |
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Com. Reg. No.: |
0115-01-003021 (Tokyo-Bunkyoku) |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, export
and wholesale of PCs &
peripherals |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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
DENNO
CO LTD
REGD NAME
KK Denno
MAIN OFFICE
Soko Bldg 4F, 1-7-8
Tabata-Shinmachi Kitaku
Tel: 03-5692-2833
URL: www.methy.jp
E-mail: info@methy.jp
ACTIVITIES
Import,
export and wholesale of PCs & peripherals
BRANCHES
Warabi
(Saitama)
OFFICER(S)
HIROSHI
YASUNO, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 100 M*
PAYMENTS Unknown CAPITAL Yen 10 M
TREND UNDETD WORTH Yen
10 M**
STARTED 1998 EMPLOYES 3
*.. Estimated figures only; **..
Expressed by the paid-in capital
COMMENT
TRADING
FIRM SPECIALIZNG IN PCS & PERIPHERALS.
FINANCIAL SITUATION UNDETERMINED
DUE TO THE LACK OF FINANCIALS, BUT SHOULD BE GOOD FOR MODERATE BUSINESS
ENGAGEMENTS.
MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE LACK OF
FINANCIALS AND MANAGERIAL INFORMATION.
HENCE THE PROPOSED AMOUNT CANNOT BE ASSESSED.
HIGHLIGHTS
The subject company was established by Hiroshi Yasuno in
order to make most of his experience in the subject line of business. This is a family-based trading firm
specializing in import, export and wholesale of PCs & peripherals. Goods are imported from
FINANCIAL INFORMATION
Financials are
disclosed, not even partial or approximate figures.
The sales volume for
Dec/2010 fiscal term is only estimated at Yen 100 million, but he figures have
not been verified by third parties. No
other credit firms have them at all, saying that they are declined by the firm. .
The financial situation
and business trends are not determined due to the lack of financials but should
be good for MODERATE business engagements.
The proposed amount, therefore, is unable to be assessed. Max credit limit cannot be assessed due to
the same reason.
REGISTRATION
Date Registered: May
1998
Regd No.: 0115-01-003021
(Tokyo-Bunkyoku)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 800 shares
Issued: 200 shares
Sum: Yen
10 million
Major shareholders (%):
Hiroshi Yasuno & families (--100)
No. of shareholders: 3
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports, exports and wholesales PC’s & peripherals: PCI &
cartridge, PCI-e, express card, HDD cases, iPhone4 leather, video cap, other
(--100%).
Clients: [Electronics stores, electric firms] Sofmap Co, Yodobashi Camera Co,
Unit Com, Joshin Denki Co, other
No. of accounts: 300
Domestic areas of activities:
Nationwide
Suppliers: [Mfrs] Imports from
Payment record: Unknown
Location: Business area in
Bank References
Local
Bank (Unavailable)
Relations:
Money deposits & transfers only
FINANCES
(In Million Yen)
NOT
MADE AVAILABLE
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.21 |
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|
1 |
Rs.72.55 |
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Euro |
1 |
Rs.62.43 |
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 |
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.