MIRA INFORM
REPORT
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Report Date : |
31.10.2011 |
IDENTIFICATION DETAILS
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Name : |
INTERNATIONAL
SPORTS PROMOTION SOCIETY |
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Registered Office : |
1-4-2
Minamiaoyama Minatoku |
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Country : |
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Financials (as on) : |
30.04.2011 |
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Date of Incorporation : |
October 2006 |
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Com. Reg. No.: |
(Tokyo-Minatoku) 005837 |
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Legal Form : |
Non-profit Organization |
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Line of Business : |
Non-Profit Organization for Promoting Sports, Sports
Events, Others. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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Maximum Credit Limit : |
Yen 14.4 Million |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually correct |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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
INTERNATIONAL SPORTS
PROMOTION SOCIETY
REGD NAME
Kokusai Sports
Shinko Kyokai (Corporate Judicial Person)
MAIN OFFICE
1-4-2 Minamiaoyama
Minatoku
Tel:
03-5775-6705 Fax: 03-5775-6703
E-Mail
address: (thru the URL)
ACTIVITIES
Promote
sports, sports event, golf, other
BRANCHES
Nil
OFFICERS
HARUHISA
HANDA, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 820 M
PAYMENTS REGULAR CAPITAL - - -
TREND SLOW WORTH Yen
50 M
STARTED 2006 EMPLOYES 1
COMMENT
NON PROFIT ORGANIZATION FOR PROMOTING SPORTS.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR PROPER BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 14.4 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The
subject company was established by Haruhisa Handa, a blind golfer, for
promoting sports, centering in golf.
This is a non-profit organization for promoting sports and sports
events. H Handa is a blind golfer and
enthusiastic to promote sports to handicapped people, other.
FINANCIAL INFORMATION
Financial are only partially disclosed.
The sales volume for Apr/2011 fiscal term amounted to Yen
820 million, an almost similar amount in the previous term. The net profit was posted at Yen 10 million,
a similar amount in the previous term.
For the current term ending Apr 2012 the net profit is
projected at Yen 10 million, on a 1% rise in turnover, to Yen 830 million.
The financial situation is considered FAIR and good for
PROPER business engagements. Max credit
limit is estimated at Yen 14.4 million, on 30 days normal terms.
REGISTRATION
Date Registered : Oct 2006
Regd No. : (Tokyo-Minatoku) 005837
Legal Status : Non-profit Organization (Corporate Judicial
Person)
*.. This is a non-profit
organization started by Haruhisa Handa.
The net worth is estimated at Yen 50 million.
Nothing
detrimental is known as to his commercial morality.
OPERATION
Activities: Non-Profit
Organization for promoting sports, sports events, other (--100%)
Clients: Consumers, business firms, municipal
offices, other
No. of
accounts: Unavailable
Domestic
areas of activities: Nationwide
Suppliers: [Sports clubs] JPG (Japan Professional
Golf Assn), JPLG (Japan Professional Ladies Golf Assn), other
Payment record: Regular
Location:
Business area in
Bank References:
MUFG
(Aoyamadori)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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30/04/2012 |
30/04/2011 |
30/04/2010 |
30/04/2009 |
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Annual
Sales |
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830 |
820 |
822 |
630 |
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Recur.
Profit |
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Net
Profit |
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10 |
10 |
10 |
10 |
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Total
Assets |
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N/A |
N/A |
N/A |
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Net
Worth |
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50 |
40 |
30 |
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Capital,
Paid-Up |
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--- |
--- |
--- |
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Div.P.Share(¥) |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
1.22 |
-0.24 |
30.48 |
0.80 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
.. |
.. |
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N.Profit/Sales |
1.20 |
1.22 |
1.22 |
1.59 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 30/04/2012 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.48.82 |
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1 |
Rs.78.57 |
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Euro |
1 |
Rs.69.29 |
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.