MIRA INFORM REPORT
|
Report Date : |
24.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
KIMBERLY-CLARK TAIWAN |
|
|
|
|
Registered Office : |
8FL., No.8, Sec.5, Hsin
Yi Rd., Hsin Yi Dist., Taipei City |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
11.04.2001 |
|
|
|
|
Com. Reg. No.: |
70805542 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture and sales
of personal hygienic products |
|
|
|
|
No. of Employees
: |
About 1,000 (Taiwan) Over 55,000 (Group) |
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 : |
USD 200,000 |
|
Status : |
Good |
|
Payment
Behaviour : |
No Complaints |
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Contact
Points
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
8FL., No.8, Sec.5, Hsin Yi Rd., Hsin Yi
Dist., Taipei City, Taiwan, R.O.C. |
|
Supplied Address: |
Taipei Headquarts, Taipei ， |
|
Telephone Number: |
|
|
Fax Number: |
Notes: Subject’s exact name and address are as above.
Credit
Summary
|
Credit Rating: |
|
|
Credit Opinion: |
Company Identification
Details
|
Registered Name: |
Kimberly-Clark Taiwan |
|
Registered Address: |
8FL., No.8, Sec.5, Hsin Yi Rd., Hsin Yi Dist., Taipei City, Taiwan,
R.O.C. |
|
Date of Foundation: |
|
|
Registration Number: |
70805542 |
|
Registry: |
Department of Commerce, Ministry of Economic Affairs, R.O.C. |
|
Registered Capital: |
(As of 2011.11, 1 NTD = 0.0329 USD) |
|
Representatives: |
Kyuhak Hwang |
|
Legal Form: |
|
|
Principal Activities: |
Manufacture and sales
of personal hygienic products |
|
Staff: |
About 1,000 employees (Taiwan) Over 55,000 employees (Group) |
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
Notes: Subject is permitted by Taiwan local
registry and according to the relevant laws
and regulations
of Taiwan, the company permitted by Taiwan local
registry has the same right and obligations as the one registered as a Taiwan
company except special regulation.
History
Subject was incorporated on
Shareholders
We did not find
subject’s major shareholder information from local registry or other sources.
Subsidiaries &
Branches
Branch:
|
Name |
Kimberly-Clark
Taiwan, Taiwan Branch (B.C.I.) |
|
Registered
Address |
8FL., No.8,
Sec.5, Hsin Yi Rd., Hsin Yi Dist., Taipei City, Taiwan, R.O.C. |
|
Manager: |
Kyuhak Hwang
|
|
Telephone Number |
+886-2-2757-3559 |
|
Fax Number |
+886-2-2345-8511 |
Factories
|
1 |
No. 240,
Zhongxin Road, Xinwu Township, Taoyuan County, Taiwan |
|
2 |
No. 262,
Zhongshan North Road, Dayuan Township, Taoyuan County, Taiwan. |
|
3 |
No. 321, Taizi
Road, Xinying City, Tainan County, Taiwan |
Personnel
Information
Core
Management
|
Kyuhak Hwang |
|
|
Position |
Representative |
Personnel
Structure
|
Total Employees |
About 1,000 employees (Taiwan) Over 55,000 employees (Group) |
Operation
Information
Offices
& Factories
|
|
Headquarters |
|
Add |
8FL., No.8, Sec.5, Hsin Yi Rd., Hsin Yi Dist., Taipei City, Taiwan,
R.O.C. |
l
Subject’s factories are engaged in manufacture of
personnel hygienic products
l
Subject executes
the ISO 9002 quality management system
l
It is introduced that subject has production bases
in countries and regions.
Purchase
Information
l
The major registered activities of subject:
|
Business Code |
Details |
|
F106020 |
Wholesales of articles for daily use |
|
F199990 |
Wholesales of other products |
|
F206020 |
Retails of articles for daily use |
|
F207030 |
Retails of cleaning products |
|
F401010 |
International Trading Business |
|
ZZ99999 |
Besides licensed business, all other business items
those are not banned or restricted. |
l
Subject purchases both at home and abroad.
l
The subject is mainly engaged in sales of personnel
hygienic products including Baby care products, Women care products, Adult care
products, household paper and other commercial
products
l
Subject has its own brands: Huggies, Pull-Ups,
Kotex, Depend, Kleenex, Scott, Kimwipes, WypAll, Andrex, Scottex, Page, Popee
and Kimbies.
l
Subject’s products are both sold in domestic and
overseas market and it is introduced that the sales regions of subject’s group
spreads over 150 countries.
Settlements
Purchase
Domestic Purchase
|
Payment Terms |
Proportion |
|
|
Raw materials, etc |
COD, Credit Sales, etc |
100% |
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Raw materials, etc |
CBD, Credit Sales, etc |
100% |
Sales
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Personnel hygienic products |
COD, Credit Sales, etc |
100%. |
Export
|
Sales Terms |
Proportion |
|
|
Personnel hygienic products |
CBD, Credit Sales, etc |
100%. |
Financial
Information
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Taiwan and the only source from
which we can obtain the information is the subject itself.
Subject’s relevant staff declined to disclose its financials citing the
grounds of company’s confidentiality; from other source we can not obtain the
relevant information, either.
Bankers
Subject declined to disclose its bank details; from other source we can not obtain the relevant information, either.
Public
Record
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
Up to date of reporting, no existing or latent litigation of the subject has been found.
Interview
Details
|
Department |
Sales department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.10 |
|
UK Pound |
1 |
Rs.81.30 |
|
Euro |
1 |
Rs.70.07 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.