MIRA INFORM REPORT

 

 

Report Date :           

03.05.2011

 

IDENTIFICATION DETAILS

 

Name :

FUJITSU CONSULTING (CANADA) INC.

 

 

Registered Office :

1000-Bureau 1400 rue Sherbrooke Ouest, Montréal (Québec) H3A3G4

 

 

Country :

Canada

 

 

Date of Incorporation :

28.02.1995

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

IT Consulting, Implementation and Management Services

 

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

 

Maximum Credit Limit :

2 000 000 USD.

Status :

Satisfactory

Payment Behaviour :

Regular

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 – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Canada

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

                                                                                                                                   

GEOPOLITICS - CANADA

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: 100 CAD = 105 USD

Branch Situation: Growing

 

 

IDENTIFICATION

 

Ordered as:

Fujitsu Consulting Inc Canada

Address in the order:

1000 Rue Sherbrooke Ouest Bureau 1400

Montreal Quebec 3a 3r2

Comments on data supplied:

The document number provided (3216144)is the national one. The local one for Quebec is 1143039486.

Legal Name:

Fujitsu Consulting (Canada) Inc.

 

 

Legal Address

1000-Bureau 1400 rue Sherbrooke Ouest

Montréal (Québec) H3A3G4

Canada

 

 

Telephone:

+1-514-877-3301

Document Number :

1143039486

Fax:

+1-514-877-3351

Legal Form:

Corporation for Profit

Email:

N.A.

Registered in:

QUEBEC

Website:

http://www.fujitsu.com/ca/en/services/consulting/

Date Created:

1973

Manager:

Andre Pouliot

Date Incorporated:

February 28, 1995

Staff:

2200

Stock:

N.A.

 

 

Value:

N.A.

Activity:

IT Consulting, Implementation and Management Services

 

 

BANKS

 

Name of the Bank

Scotia Bank

 

BUSINESS

 

HISTORY

 

The company was founded in 1973 as DMR Group, Inc. It changed its name to Fujitsu Consulting (Canada) Inc. in 2002 after being acquired by Fujitsu Ltd. Its other name is Fujitsu Conseil (Canada) Inc.

 

PRINCIPAL ACTIVITY

 

Fujitsu Consulting is the consulting and services arm of the Fujitsu group, providing information technology consulting, implementation and management services.

Clients:

 

It delivers business solutions in the areas of IT governance, information management, legacy systems modernization, application outsourcing, and business process outsourcing.

Operations area:

 

National

The company does not import

The company does not export

Trade References:

 

The person contacted refused to provide the names of their suppliers for us to check the trade references.

Competitors:

 

Allstream Inc

CGI Group Inc.

The subject employs 2200 employee(s)

Comments on staff:

 

There are 2,200 employees in total and 350 at this location.

PAYMENTS

 

regular

LOCATION

Headquarters

 

The company is headquartered at the above address.

Branches:

 

The company has various offices all over Canada.

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

FUJITSU CONSULTING (INTERNATIONAL) BV located at:

AMSTELDIJI 166-6 1079 LH AMSTERDAM THE NETHERLANDS

Management:

 

POULIOT, ANDRÉ President

BARRETTE, JACQUES Treasurer

HOVSEPYAN, ARI Administrator

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

However our financial sources could provide us with the following data.

 

Those figures are estimates provided by confidential banking and financial institutions working with the company.

 

Currency

DATE

CAD

2009

Turnover

195 000 000

The cash flow is

normal

 

Legal Fillings

 The sources consulted record no detrimental legal or labor court information.

 

 

The last annual report was filed on August 12, 2010.

 

 

 

Rating

 

Local credit bureau gave a correct credit rate.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 

 

 Final Opinion

 

The company has 38 years in the business.

It is a large sized company, evolving in a competitive sector.

Profitability is correct, indebtedness is controlled, cash is normal and payments are regular.

We did not find a specific adverse record against the subject.

A credit line may be considered for 2 000 000 USD.

 

 

SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

CORRECT

Public

NO

Indebtedness

CONTROLLED

Payments

REGULAR

Cash

NORMAL

 

 

 





APPENDIX

 

Person Interviewed

 

The receptionist confirmed us some information but refused to provide any financial information on grounds of confidentiality.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.33

UK Pound

1

Rs.73.89

Euro

1

Rs.65.57

 

 

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.