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Report Date : |
07.04.2012 |
IDENTIFICATION DETAILS
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Name : |
GURACIO ICE CREAM JAPAN KK |
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Registered Office : |
Senju Bldg, 1-15-21 Shinjuku Shinjukuku Tokyo 160-0022 |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
April 2001 |
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Legal Form : |
Limited Company (Kabushiki
Kaisha) |
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Line of Business : |
Import, wholesale of ice
cream, sherbet, inked cakes, other, all from Belgium |
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No. of Employees : |
3 |
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 8.7 Million |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Japan |
A2 |
A2 |
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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 |
GURACIO ICE CREAM JAPAN KK
REGD NAME: Glacio
Ice Cream Japan KK
MAIN OFFICE: Senju
Bldg, 1-15-21 Shinjuku Shinjukuku Tokyo 160-0022 JAPAN
Tel:
03-5367-6234
Fax: 03-3358-1609
E-Mail
address: pplacis@glacio.co.jp
Import,
wholesale of ice cream, sherbet, inked cakes, other, all from Belgium
Nil
P
JENSEN, PRES
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR A/SALES Yen 500 M
PAYMENTS No complaints CAPITAL Yen 15 M
TREND SLOW WORTH Yen
70 M
STARTED 2001 EMPLOYES 3
IMPORTER OF ICE CREAM, FROM BELGIUM.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 8.7 MILLION, 30 DAYS NORMAL TERMS
The subject company was established by Glacio Ice Cream,
Belgium, as its marketing arm in Japan.
This is a trading firm for import and wholesale of ice crams, sherbet,
iced cakes, other, all from Belgium.
Financial are only partially disclosed and in rounded-off
numbers.
The sales volume for Dec/2011 fiscal term amounted to Yen
500 million, a similar amount in the previous term. The net profit is estimated posted at Yen 10
million, similarly in the previous term.
For the current term ending Dec 2012 the net profit is
projected at Yen 10 million, on a similar turnover, to Yen 500 million.
The financial situation is considered FAIR and good for
ORDINARY business engagements. Max
credit limit is estimated at Yen 8.7 million, on 30 days normal terms.
Date Registered: Apr 2001
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
300 shares
Issued:
300 shares
Sum: Yen 15 million
Major shareholders (%): P Jensen (100)
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports and wholesales ice cream,
sherbet, iced cakes, other, all from Belgium (--100%).
Clients: [Mfrs, wholesalers] Royal Corp, Takase
Bussan, Don, Anrakutei, Mitsushi Foods, other
No. of
accounts: 200
Domestic
areas of activities: Nationwide
Suppliers: [mfrs, wholesalers] Glacio, Nichirei
Logistics, other
Payment record: No
complaints
Location:
Business area in Tokyo. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References:
Mizuho Corporate Bank (H/O)
ING
Bank (Tokyo)
Relations:
Satisfactory
(In Million Yen)
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Terms Ending: |
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31/12/2012 |
31/12/2011 |
31/12/2010 |
31/12/2009 |
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Annual
Sales |
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500 |
500 |
500 |
550 |
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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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70 |
60 |
50 |
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Capital,
Paid-Up |
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15 |
15 |
15 |
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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 |
0.00 |
0.00 |
-9.09 |
-8.33 |
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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 |
2.00 |
2.00 |
2.00 |
1.82 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/12/2012 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.51.04 |
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1 |
Rs.81.08 |
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Euro |
1 |
Rs.67.39 |
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 |
-- |
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.