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Report Date : |
07.04.2012 |
IDENTIFICATION DETAILS
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Name : |
YK FUJII YOSHO (YOSHO MEANS FOREIGN BOOKS) |
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Registered Office : |
Utsubo Bldg 2F, 1-9-18 Utsubohonmachi Nishiku |
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Country : |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
April, 2002 |
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Legal Form : |
Private Limited Company (Yugen
Kaisha) |
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Line of Business : |
Import, wholesale of foreign
books & magazines |
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No. of Employees : |
3 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
Yen 0.6 Million |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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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
|
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 |
FUJII BOOKS LTD
REGD NAME: YK
Fujii Yosho (Yosho means foreign books)
MAIN OFFICE: Utsubo
Bldg 2F, 1-9-18 Utsubohonmachi Nishiku
Tel:
06-6443-0146
Fax: 06-6443-0137
URL: http://www.fujiibooks.com
E-Mail
address: info@fujiibooks.com
Import,
wholesale of foreign books & magazines
Nil
SHOZO
FUJII, PRES
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES R/WEAK A/SALES Yen 37 M
PAYMENTS Slow But Correct CAPITAL Yen 3 M
TREND SLOW WORTH Yen
11 M
STARTED 2002 EMPLOYES 3
TRADING FIRM FOR IMPORT AND RETAIL OF FOREIGN BOOKS.
FINANCIAL SITUATION CONSIDERED
RATHER WEAK BUT SHOULD BEE GOOD FOR MODERATEORDINARY BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 0.6 MILLION, 30 DAYS
The subject company was established by Shozo Fujii in order to
make most of his experience in the subject line of business. This is a trading firm, wholly owned by Shozo
Fujii, for importing and retailing foreign books & magazines. Clients include universities, national Diet
Library, other.
Financial are only partially disclosed.
The sales volume for Mar/2011 fiscal term amounted to Yen 37
million, a 3% up from Yen 36 million in the previous term. The operations continued in the red to post
Yen 1 million net losses, similarly in the previous term.
For the current term ending Mar 2012 the operations are
projected to come back to profitability but still limited to a minimum amount
post taxes, on a 5% fall in turnover, to o Yen 35 million.
The financial situation is considered RATHER WEAK but should
be good for MODEERATE business engagements.
Max credit limit is estimated at Yen 0.6 million, on 30 days normal
terms.
Date Registered: Apr 2002
Legal Status:
Private Limited Company (Yugen Kaisha)
Regd Capital: Yen 3 million
Major shareholders (%): Shozo
Fujii (100)
Nothing
detrimental is known as to his commercial morality
Activities: Imports, retails and wholesales
foreign books & magazines (98%), Japanese books & magazines (2%)
Clients: [Universities, libraries]
No. of
accounts: 50
Domestic
areas of activities: Nationwide
Suppliers: [Publishers] United Publishers
Services, EWEB, Brill, other
Payment record: slow
but correct
Location:
Business area in
Bank References:
MUFG
(Nakanoshima)
SMBC (
Relations:
Satisfactory
(In Million Yen)
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Terms Ending: |
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31/03/2012 |
31/03/2011 |
31/03/2010 |
31/03/2009 |
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Annual
Sales |
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35 |
37 |
36 |
25 |
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Recur.
Profit |
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1 |
1 |
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Net
Profit |
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0 |
-1 |
-1 |
1 |
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Total
Assets |
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N/A |
15 |
8 |
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Net
Worth |
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11 |
12 |
5 |
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Capital,
Paid-Up |
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3 |
3 |
3 |
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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 |
-5.41 |
2.78 |
44.00 |
-32.43 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
|
.. |
80.00 |
62.50 |
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N.Profit/Sales |
0.00 |
-2.70 |
-2.78 |
4.00 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/03/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
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.