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Report Date : |
09.08.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
ANGEL PLAYING CARDS CO LTD |
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Registered Office : |
2-10-1 Kawarayamachi Chuoku Osaka |
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Country : |
Japan |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
November
1956 |
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Com. Reg. No.: |
1200-01-076036
(Osaka-Chuoku) |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer,
export, wholesale of playing cards, puzzles, other game cards |
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No. of Employees : |
30 |
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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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 – 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 |
ANGEL PLAYING CARDS CO LTD
Angel Playing Card
KK
Shin Kyoto Center
Bldg, 614 Higashi-Shiokojicho Shiokoji-Karasuma
Shimogyoku Kyoto 600-8216 JAPAN
Tel: 075-354-8520 Fax: 075-354-8521
*.. Registered at: 2-10-1 Kawarayamachi Chuoku Osaka
URL: http://www.angelplayingcards.com
E-Mail address: angelcards@nifty.com
Mfg,
export, wholesale of playing cards, puzzles, other game cards
Nil
Angel Playing
Cards Macau Ltd (Macau), Angle Playing Cards USA Inc (USA)
Shiga
(subsidiary maker): Angle Playing Cards Mfg Co Ltd
YASUSHI
SHIGETA, PRES
Yuji
Hirano, dir
Naoya
Takine, dir
Yen
Amount: In million Yen, unless otherwise
stated
FINANCES FAIR A/SALES Yen 7,150 M
PAYMENTS No
Complaints CAPITAL Yen 40 M
TREND SLOW WORTH Yen
6,500 M
STARTED 1956 EMPLOYES 30
MFR OF PLAYING CARDS.
FINANCIAL SITUATION CONSIDERED FAIR
AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company was established originally in 1950 by Minoru Shigeta in order to make most of his experience in the subject line of business, on his account, as Angel Shoji KK. Incorporated in 1956 as Angel Playing Cards Co Ltd. Yasushi Shigeta took the pres office in Apr 2007. This is a specialized mfr of playing cards, puzzles and other game cards. Goods are manufacture by a subsidiary maker, Angel Playing Cards Mfg Co Ltd. Goods are branded as “Angel”. Has two overseas subsidiaries in Macau and USA. Goods are exported widely to Asia, USA, Europe, other. Clients include game center operators, amusement centers, other, nationwide.
Financials are only partially disclosed.
The sales volume for Mar/2011 fiscal term amounted to Yen 7,150 million, a similar amount in the previous term. Export revenues were hurt by the strong Yen in Yen terms. The net profit was posted at Yen 400 million, compared with Yen 470 million a year ago.
For the term that ended Mar 2012 the net profit was projected at Yen 410 million, on a 3% rise in turnover, to Yen 7,350 million. Final results are yet to be released.
The financial situation is considered FAIR and good for ORDINARY business engagements.
Date Registered: Nov 1956
Regd No.: 1200-01-076036 (Osaka-Chuoku)
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
320,000 shares
Issued:
80,000 shares
Sum: Yen 40 million
Major shareholders (%): Minoru Shigeta, Yasushi Shigeta
(--100)
No. of shareholders: 2
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Manufactures playing cards, puzzles, other game cards: paper playing cards, plastic playing cards, poker cards, bridge cards, magic cards, other (--100%)
Clients: [Mfrs, wholesalers] Kawada Model Co, Fifty Trading Co, Oriental Land (Disney), Maruka Corp, other
Exports to: Australia, Korea, Macau, Malaysia, Philippines, New Zealand, USA, Canada, Europe, other
No. of accounts: 300
Domestic areas of activities: Nationwide
Suppliers: [Mfrs, wholesalers] Angel Playing Cards Mfg Co, Angle Trump Mfg Co, Walt Disney Japan, San Rio, other
Payment record: No Complaints
Location: Business area in Kyoto. Office premises at the caption address are leased and maintained satisfactorily.
Bank References:
SMBC
(Kyoto)
MUFG
(Kyoto)
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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7,350 |
7,150 |
7,150 |
6,800 |
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Recur.
Profit |
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Net
Profit |
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410 |
400 |
470 |
470 |
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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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6,500 |
6,100 |
5,630 |
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Capital,
Paid-Up |
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40 |
40 |
40 |
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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 |
2.80 |
0.00 |
5.15 |
8.80 |
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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 |
5.58 |
5.59 |
6.57 |
6.91 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/03/2012 fiscal term.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
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UK Pound |
1 |
Rs.86.00 |
|
Euro |
1 |
Rs.68.31 |
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.