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Report Date : |
03.08.2012 |
IDENTIFICATION DETAILS
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Name : |
ORCA INTERNATIONAL CO LTD |
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Registered Office : |
Daini Nishinippori
Bldg 9F, 5-2-19 Nishi-Nippori Arakawaku Tokyo 116-0013 |
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Country : |
Japan |
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Financials (as on) : |
30.06.2012 |
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Date of Incorporation : |
July
1999 |
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Com. Reg. No.: |
(Tokyo-Arakawaku)
005906 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, wholesale of wines |
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No. of Employees : |
10 |
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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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Japan |
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 |
ORCA INTERNATIONAL CO LTD
Orca International
KK
Daini Nishinippori
Bldg 9F, 5-2-19 Nishi-Nippori Arakawaku Tokyo 116-0013 JAPAN
Tel:
03-3803-1635 Fax: 03-3803-1637
URL: http://www.orca-international.com
E-Mail address: order@orca-international.com
Import,
wholesale of wines
Nil
RENSHAW
J BRUCE, PRES
Eizo
Imakawa, dir
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES R/WEAK A/SALES Yen 320 M
PAYMENTS Slow
but Correct CAPITAL Yen 10 M
TREND UP WORTH Yen 99 M
STARTED 1999 EMPLOYES 10
IMPORTER AND WHOLESALER SPECIALIZING IN WINES.
FINANCIAL SITUATION CONSIDERED RATHER WEAK BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
The subject company was established by Renshaw J Bruce, an American resident, in order to market wines from America. His family operates winery in Washington State. This is a trading firm specializing in importing and wholesaling wines. Wines are imported from the states of Washington & Oregon on the America’s West Coast. Also imports them from France. Clients include hotels, restaurants, other, nationwide.
Financial are only partially disclosed.
The sales volume for Jun/2011 fiscal term amounted to Yen 320 million, a 7% up from Yen 300 million in the previous term. Demand for wines increased. The net profit was posted at Yen 12 million, compared with Yen 10 million a year ago.
For the term that ended Jun 2012 the net profit was projected at Yen 15 million, on a 3% rise in turnover, to Yen 330 million. Final results are yet to be released.
The financial situation is considered RATHER WEAK but should be good for MODERATE business engagements.
Date Registered: Jul 1999
Regd No.: (Tokyo-Arakawaku) 005906
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
800 shares
Issued:
200 shares
Sum: Yen 10 million
Major shareholders (%): Renshaw J Bruce (90), Kinuko
Tanaka (10)
No. of shareholders: 2
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports and wholesales wines (100%)
Clients: [Hotels, restaurants, chain stores, wholesalers] Hotel Okura, Park Hyatt Tokyo, American Club, Kakuyasu Co, Art et Vin, other
No. of accounts: 300
Domestic areas of activities: Nationwide
Suppliers: [Wineries, wholesalers] Chris Upchurch, De Little Cellars, Ken Wright Cellars, Andrew Will Winery, Chateau Langoa & Leoville Barton, other.
Payment record: Slow but Correct
Location: Business area in Tokyo. Office premises at the caption address are leased and maintained satisfactorily.
Bank References:
SMBC
(Ueno)
Relations:
Satisfactory
(In Million Yen)
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30/06/2012 |
30/06/2011 |
30/06/2010 |
30/06/2009 |
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Annual
Sales |
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330 |
320 |
300 |
280 |
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Recur.
Profit |
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Net
Profit |
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15 |
12 |
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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99 |
87 |
77 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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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 |
3.13 |
6.67 |
7.14 |
3.70 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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12.12 |
11.49 |
12.98 |
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N.Profit/Sales |
4.55 |
3.75 |
3.33 |
3.57 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 30/06/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.78 |
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UK Pound |
1 |
Rs.86.75 |
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Euro |
1 |
Rs.68.32 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.