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Report Date : |
04.08.2012 |
IDENTIFICATION DETAILS
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Name : |
TRANSTEKNE INTERNATIONAL INC |
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Registered Office : |
AI Bldg 6F, 1-2-4 Honmachi Shibuyaku Tokyo 151-0071 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
April
1975 |
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Legal Form : |
Limited Company |
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Line of Business : |
Export of medical equipment, auto body electronic parts |
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No. of Employees : |
05 |
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 |
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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 |
TRANSTEKNE
INTERNATIONAL INC
Transtekne
International KK
AI Bldg 6F, 1-2-4
Honmachi Shibuyaku Tokyo 151-0071 JAPAN
Tel:
03-3374-5044 Fax: 03-3374-5191
URL: N/A
Export
of medical equipment, auto body electronic parts, other
Nil
TATSUYA
SUZUKI, PRES
Tamiko
Suzuki, dir
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR A/SALES Yen 451 M
PAYMENTS Slow
CAPITAL Yen 10 M
TREND SLOW WORTH Yen 55 M
STARTED 1975 EMPLOYES 5
EXPORTER OF ELECTRONIC PARTS & EQUIPMENT.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company
was established by Tatsuya Suzuki in order to make most of his experience in
the subject line of business. This is a
family-based trading firm specializing in exporting auto electronic parts,
medical equipment & apparatus.
Exports to Europe
Financials are only
partially disclosed.
The sales volume for
Mar/2011 fiscal term amounted to Yen 453 million, an 8% up from Yen 420 million
in the previous term. The net profit was
posted at Yen 4 million, compared with Yen 1 million a year ago.
For the term that
ended Mar 2012 the net profit was projected at Yen 5 million, on a 4% rise in
turnover, to Yen 470 million. Final
results are yet to be released.
The financial
situation is considered FAIR and good for ORDINARY business engagements.
Date Registered: Apr 1975
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
80,000 shares
Issued:
20,000 shares
Sum: Yen 10 million
Major shareholders (%): Tatsuya Suzuki (90)
No. of shareholders: 3
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Exports car electronic parts, medical
equipment & apparatus, others (--100%)
Clients: [Mfrs, wholesalers] Gambro Ludia AB, H&H Electronics GmbH,
other
No. of accounts: Unavailable
Domestic areas of activities:
Centered I greater-Tokyo
Suppliers: [Mfrs, wholesalers] JTEKT Corp, Techreco Co Lid, Okaya Electric Ind,
Bridgestone Corp, Star Micronics Co, Walbro Japan Inc, other
Payment record: slow
Location: Business area in Tokyo. Office
premises at the caption address are leased and maintained satisfactorily.
Bank References:
Mizuho Bank
(Sinjuku-Chuo)
Relations:
Satisfactory
(In Million Yen)
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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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470 |
453 |
420 |
414 |
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Recur.
Profit |
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Net
Profit |
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5 |
4 |
1 |
1 |
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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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55 |
51 |
50 |
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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 |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
3.75 |
7.86 |
1.45 |
-8.20 |
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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 |
1.06 |
0.88 |
0.24 |
0.24 |
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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
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Indian Rupees |
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US Dollar |
1 |
Rs.56.08 |
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UK Pound |
1 |
Rs.87.03 |
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Euro |
1 |
Rs.68.36 |
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.