MIRA INFORM REPORT

 

 

Report Date :

10.08.2012

 

IDENTIFICATION DETAILS

 

Name :

YOKOGAWA ENGINEERING ASIA PTE LTD

 

 

Registered Office :

5 Bedok South Road, Singapore, 469270

 

 

Country :

Singapore

 

 

Date of Incorporation :

1997

 

 

Com. Reg. No.:

199702061H

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Wholesale of other machinery for use in industry, trade and navigation

 

 

No. of Employees :

400

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

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)

Singapore

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name & address 

 

Yokogawa Engineering Asia Pte Ltd                   

 

5 Bedok South Road

Singapore, 469270

Singapore

Tel: 65 6241 9933

Fax: 65 6241 2606

Website: www.yokogawa.com/sg

 

 

Synthesis

 

Employees:                   400

Company Type:             Private Subsidiary

Corporate Family:          95 Companies

Ultimate Parent:             Yokogawa Electric Corporation

           

Incorporation Date:         1997

Auditor:                         DELOITTE & TOUCHE LLP

Financials in:                 USD (Millions)

             

Fiscal Year End:            01-Mar-2011

Reporting Currency:       Singapore Dollar

Annual Sales:                201.5

Total Assets:                 172.8

 

 

Business Description

             

 

Industrial Automation Systems & Instruments, Measuring Instruments & Information Processing Equipment Mfr

 

 

Industry      

 

 

Industry

Miscellaneous Capital Goods

ANZSIC 2006:

3419 - Other Specialised Industrial Machinery and Equipment Wholesaling

NACE 2002:

5187 - Wholesale of other machinery for use in industry, trade and navigation

NAICS 2002:

423830 - Industrial Machinery and Equipment Merchant Wholesalers

UK SIC 2003:

5187 - Wholesale of other machinery for use in industry, trade and navigation

US SIC 1987:

5084 - Industrial Machinery and Equipment

 

 

 

 

Key Executives     

                         

 

Name

Title

Tony Lee

President and Managing Director

Cynthia Khan

Vice President - Finance

Lynn Tan

Marketing Manager

David Tay

Information Technology Manager

Matthew Lee

Senior Vice President - Human Resources

 

Registered No.(Asia): 199702061H

 

1 - Profit & Loss Item Exchange Rate: USD 1 = SGD 1.342931
2 - Balance Sheet Item Exchange Rate: USD 1 = SGD 1.27045

 

 

Corporate Overview

 

Location
5 Bedok South Road
Singapore, 469270
Singapore

 

Tel:65 6241 9933

Fax:65 6241 2606

 

Website: www.yokogawa.com

 

Sales SGD(mil):            270.5

Assets SGD(mil):           219.6

Employees:                   400

Fiscal Year End:            01-Mar-2011

 

Industry:                        Miscellaneous Capital Goods

 

Incorporation Date:         1997

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(Asia):     199702061H

 

 

President and Managing Director: Tony Lee

 

 

 

 

Industry Codes

 

ANZSIC 2006 Codes:

3419

-

Other Specialised Industrial Machinery and Equipment Wholesaling

 

NACE 2002 Codes:

5187

-

Wholesale of other machinery for use in industry, trade and navigation

NAICS 2002 Codes:

423830

-

Industrial Machinery and Equipment Merchant Wholesalers

 

US SIC 1987:

5084

-

Industrial Machinery and Equipment

 

UK SIC 2003:

5187

-

Wholesale of other machinery for use in industry, trade and navigation

 

 

Business Description

 

Trading, distribution, installation and servicing of process control systems, industrial process instruments and electrical measuring instruments, and the provision of technical know-how in the engineering business.

 

 

More Business Descriptions

Sales of industrial control systems

Industrial Automation Systems & Instruments, Measuring Instruments & Information Processing Equipment Mfr

Electrical testing and monitoring including meters and electrical measuring instruments.

 

 

Financial Data

 

Financials in:

SGD(mil)

1 Year Growth

Revenue:

270.5

NA

Assets:

219.6

NA

Date of Financial Data:

01-Mar-2011

 

 

 

Key Corporate Relationships

 

Auditor: DELOITTE & TOUCHE LLP

Auditor: DELOITTE & TOUCHE LLP, PricewaterhouseCoopers LLP

 

Corporate Structure News

 

Total Corporate Family Members: 95

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Yokogawa Electric Corporation

Parent

Musashino-Shi

Japan

Scientific and Technical Instruments

4,238.4

19,437

Yokogawa Electric CIS Ltd.

Subsidiary

Moscow

Russian Federation

Scientific and Technical Instruments

 

2,000

PT Yokogawa Manufacturing Batam

Subsidiary

Batam, Mukakuning

Indonesia

Scientific and Technical Instruments

 

750

Yokogawa India Ltd

Subsidiary

Bangalore

India

Computer Services

109.4

600

Yokogawa Europe Solutions B.V.

Subsidiary

Amersfoort

Netherlands

Scientific and Technical Instruments

 

550

Yokogawa Europe Branches B.V.

Subsidiary

Amersfoort

Netherlands

Miscellaneous Capital Goods

 

500

Yokogawa Engineering Asia Pte Ltd

Subsidiary

Singapore

Singapore

Miscellaneous Capital Goods

201.5

400

Yokogawa Philippines Inc

Subsidiary

Quezon , Metro Manila

Philippines

Miscellaneous Capital Goods

2.0

200

Plant Electrical Instrumentation Pte Ltd

Subsidiary

Singapore

Singapore

Engineering Consultants

16.8

35

Yokogawa Service Ltda.

Subsidiary

Sao Paulo

Brazil

Scientific and Technical Instruments

 

400

Yokogawa Sichuan Instrument Co., Ltd.

Subsidiary

Chongqing

China

Scientific and Technical Instruments

 

381

Yokogawa Corporation of America

Subsidiary

Newnan, GA

United States

Scientific and Technical Instruments

40.0

350

Yokogawa Corp Of America

Branch

Sugar Land, TX

United States

Electronic Instruments and Controls

228.9

300

Yokogawa Corporation of America

Division

Sugar Land, TX

United States

Scientific and Technical Instruments

 

300

Yokogawa Corp Of America

Branch

Carrollton, TX

United States

Electronic Instruments and Controls

5.3

7

Yokogawa Corp Of America

Branch

Greenville, WI

United States

Electronic Instruments and Controls

5.3

7

Yokogawa Corp Of America

Branch

Austin, TX

United States

Electronic Instruments and Controls

5.3

7

Yokogawa Corp Of America

Branch

North Highlands, CA

United States

Electronic Instruments and Controls

1.5

2

Yokogawa Corp Of America

Branch

Farmington Hills, MI

United States

Electronic Instruments and Controls

0.8

1

Yokogawa Corp Of America

Branch

Friendswood, TX

United States

Miscellaneous Capital Goods

0.6

1

Yokogawa Corp Of America

Branch

Barrington, IL

United States

Miscellaneous Capital Goods

0.2

1

YDC Corporation

Subsidiary

Fuchu, Tokyo

Japan

Electronic Instruments and Controls

58.6

307

Yokogawa Industrial Safety Systems Sdn. Bhd.

Subsidiary

Puchong

Malaysia

Scientific and Technical Instruments

 

300

Yokogawa Electric Asia Pte Ltd

Subsidiary

Singapore

Singapore

Scientific and Technical Instruments

99.8

292

Yokogawa Australia

Subsidiary

Macquarie Park, NSW

Australia

Miscellaneous Capital Goods

29.2

240

Yokogawa Kontrol (Malaysia) Sdn. Bhd.

Subsidiary

Puchong

Malaysia

Scientific and Technical Instruments

29.5

200

Yokogawa Electronics Manufacturing Korea Co., Ltd.

Subsidiary

Incheon

Korea, Republic of

Scientific and Technical Instruments

 

200

Yokogawa Test Solutions Corporation

Subsidiary

Musashino, Tokyo

Japan

Scientific and Technical Instruments

 

180

Yokogawa Digital Computer Corporation

Subsidiary

Musashino, Tokyo

Japan

Electronic Instruments and Controls

 

170

Yokogawa Electronics Manufacturing Korea Co., Ltd.

Subsidiary

Inchon, Inchon

Korea, Republic of

Electronic Instruments and Controls

40.2

154

Yokogawa France S.A.S.

Subsidiary

Versailles

France

Scientific and Technical Instruments

 

150

Yokogawa Electric (Malaysia) Sdn. Bhd.

Subsidiary

Puchong

Malaysia

Scientific and Technical Instruments

24.3

100

PT Yokogawa Indonesia

Subsidiary

Jakarta

Indonesia

Scientific and Technical Instruments

13.0

100

Yokogawa Meters & Instruments Corporation

Subsidiary

Tokyo, Tachikawa-shi

Japan

Scientific and Technical Instruments

 

100

Yokogawa Electric International Pte. Ltd.

Subsidiary

Singapore

Singapore

Scientific and Technical Instruments

 

100

Yokogawa South Africa Pty (Ltd)

Subsidiary

Florida Hills

South Africa

Miscellaneous Capital Goods

19.4

85

Yokogawa United Kingdom Ltd.

Subsidiary

Runcorn

United Kingdom

Scientific and Technical Instruments

21.0

79

Yokogawa Industrial Safety Systems Ltd.

Subsidiary

High Wycombe

United Kingdom

Scientific and Technical Instruments

 

 

Yokogawa GesmbH

Subsidiary

Vienna

Austria

Scientific and Technical Instruments

19.2

65

Yokogawa Middle East BSC(c)

Subsidiary

Manama

Bahrain

Miscellaneous Capital Goods

 

60

Yokogawa Engineering Middle East FZE

Subsidiary

Dubai

United Arab Emirates

Engineering Consultants

 

50

Yokogawa South Africa (Pty) Ltd.

Subsidiary

Roodepoort

South Africa

Scientific and Technical Instruments

 

50

Yokogawa Canada, Inc.

Subsidiary

Calgary, AB

Canada

Scientific and Technical Instruments

11.0

40

Yokogawa Marex Ltd.

Subsidiary

Cowes

United Kingdom

Computer Services

4.9

36

Yokogawa de Mexico, S.A. de C.V.

Subsidiary

Mexico

Mexico

Scientific and Technical Instruments

 

20

Yokogawa Chile

Subsidiary

Santiago

Chile

Scientific and Technical Instruments

 

20

Yokogawa Hungaria Kft.

Subsidiary

Budapest

Hungary

Scientific and Technical Instruments

 

20

Yokogawa New Zealand Ltd.

Subsidiary

Auckland

New Zealand

Scientific and Technical Instruments

1.5

10

Yokogawa Peru

Subsidiary

Lima

Peru

Scientific and Technical Instruments

 

7

Tm Co Inc

Subsidiary

Houston, TX

United States

Appliance and Tool

1.2

5

Yokogawa Measurement Technologies Ltd

Subsidiary

High Wycombe

United Kingdom

Scientific and Technical Instruments

1.5

2

Yokogawa Norway

Subsidiary

Sola

Norway

Scientific and Technical Instruments

 

2

Yokogawa Ireland

Subsidiary

Dublin

Ireland

Scientific and Technical Instruments

 

2

Yokogawa Manufacturing Corporation

Subsidiary

Tachikawa, Tokyo

Japan

Scientific and Technical Instruments

489.7

 

Yokogawa Europe BV

Subsidiary

Amersfoort

Netherlands

Scientific and Technical Instruments

421.2

 

Rota Yokogawa GmbH & Co.KG

Subsidiary

Wehr, Baden-WĂ¼rttemberg

Germany

Scientific and Technical Instruments

 

172

Yokogawa France Sa

Subsidiary

Velizy Villacoublay

France

Scientific and Technical Instruments

72.5

149

Yokogawa Deutschland GmbH

Subsidiary

Ratingen, Nordrhein-Westfalen

Germany

Scientific and Technical Instruments

 

80

Yokogawa Italia S.r.l.

Subsidiary

Milan

Italy

Scientific and Technical Instruments

41.4

62

Yokogawa Belgium

Subsidiary

Zaventem

Belgium

Scientific and Technical Instruments

9.5

33

Yokogawa Field Engineering Service

Subsidiary

Tokyo

Japan

Engineering Consultants

219.4

 

Yokogawa Denshikiki Co.,Ltd.

Subsidiary

Hadano, Kanagawa

Japan

Aerospace and Defense

186.5

 

Yokogawa Meters & Instruments Corporation

Subsidiary

Tachikawa, Tokyo

Japan

Engineering Consultants

161.6

 

Yokogawa Solutions Corporation

Subsidiary

Tokyo

Japan

Software and Programming

107.6

 

Yokogawa Medical Solutions Corporation

Subsidiary

Tokyo

Japan

Software and Programming

53.1

 

Yokogawa Electric Sng Ooo

Subsidiary

Moscow

Russian Federation

Scientific and Technical Instruments

14.1

 

Yokogawa Electric Sakhalin Ooo

Subsidiary

Yuzhno-Sakhalinsk

Russian Federation

Scientific and Technical Instruments

11.1

 

Yokogawa América do Sul Ltda.

Subsidiary

SĂ£o Paulo, SP

Brazil

Electronic Instruments and Controls

 

 

Suzhou Yokogawa Meter Company

Subsidiary

Suzhou, Jiangsu

China

Scientific and Technical Instruments

 

 

Yokogawa Process Control (Shanghai) Co., Ltd.

Subsidiary

Shanghai

China

Scientific and Technical Instruments

 

 

Yokogawa Shanghai Instrumentation Co., Ltd.

Subsidiary

Shanghai, Jiading

China

Scientific and Technical Instruments

 

 

Yokogawa (Thailand) Ltd

Subsidiary

Bangkok

Thailand

Scientific and Technical Instruments

 

 

Yokogawa Argentina

Subsidiary

Buenos Aires, Puerto Madero

Argentina

Scientific and Technical Instruments

 

 

Yokogawa Colombia

Subsidiary

Bogota

Colombia

Scientific and Technical Instruments

 

 

Yokogawa Iberia S.A.

Subsidiary

Vila Nova de Gaia

Portugal

Scientific and Technical Instruments

 

 

Yokogawa Saudi Arabia Ltd.

Subsidiary

Al Khobar

Saudi Arabia

Scientific and Technical Instruments

 

 

Yokogawa Industrial Safety Systems B.V.

Subsidiary

Amersfoort, Utrecht

Netherlands

Audio and Video Equipment

 

 

Yokogawa Taiwan Corporation

Subsidiary

Taipei

Taiwan

Scientific and Technical Instruments

 

 

Yokogawa Reinsurance Pte Ltd

Subsidiary

Singapore

Singapore

Insurance (Property and Casualty)

 

 

Yokogawa China Co., Ltd.

Subsidiary

Shanghai

China

Scientific and Technical Instruments

 

 

Yokogawa Electric China Co., Ltd.

Subsidiary

Nanjing

China

Scientific and Technical Instruments

 

 

Yokogawa Denshikiki Co., Ltd.

Subsidiary

Tokyo, Shibuya-ku

Japan

Scientific and Technical Instruments

 

 

Yokogawa Electric Korea Co., Ltd.

Subsidiary

Seoul, Youngdeungpo-Gu

Korea, Republic of

Scientific and Technical Instruments

 

 

Yokogawa Measuring Instruments Korea Corp.

Subsidiary

Seoul, Kangnam-ku

Korea, Republic of

Scientific and Technical Instruments

 

 

Yokogawa Oddzia w Polsce

Subsidiary

Warsaw

Poland

Scientific and Technical Instruments

 

 

Yokogawa Measurement Technologies AB

Subsidiary

Stockholm, Kista

Sweden

Scientific and Technical Instruments

 

 

Yokogawa Electric Sakhalin Ltd.

Subsidiary

Yuzhno-Sakhalinsk

Russian Federation

Scientific and Technical Instruments

 

 

Yokogawa IA Technologies India Private Limited

Subsidiary

Bengaluru

India

Scientific and Technical Instruments

 

 

Yokogawa Vietnam Company Ltd.

Subsidiary

Hanoi

Viet Nam

Scientific and Technical Instruments

 

 

Yokogawa Australia Pty. Ltd.

Subsidiary

Macquarie Park

Australia

Scientific and Technical Instruments

 

 

Yokogawa Philippines Inc.

Subsidiary

Quezon City

Philippines

Scientific and Technical Instruments

 

 

Yokogawa Middle East B.S.C.(c)

Subsidiary

Muharraq

Bahrain

Scientific and Technical Instruments

 

 

Yokoshin Software Engineering (WUXI) Co., Ltd.

Subsidiary

Wuxi

China

Engineering Consultants

 

 

Yokogawa Field Engineering Service Corporation

Subsidiary

Musashino, Tokyo

Japan

Engineering Consultants

 

 

Omega Simulation Co., Ltd.

Subsidiary

Tokyo

Japan

Engineering Consultants

 

 

 

 

Board of Directors

 

 

Name

Title

 

Function

Tony Lee

 

President and Managing Director

Chairman

H. Arai

 

Deputy Managing Director

Director/Board Member

 

 

Executives

 

 

Name

Title

Function

Tony Lee

 

President and Managing Director

President

K. F. Aspar

 

Executive Vice President

Division Head Executive

Sng Hee Meng

 

Executive Vice President

Division Head Executive

Education:

Henley Management College, MBA
Imperial College , University of London, Masters of Control Systems
Southampton University, Bachelor of Electrical

Engineering

 

H. Arai

 

Deputy Managing Director

Managing Director

 

Lai Ah Keow

 

Managing Director

Managing Director

 

Simon Tee

 

Director

Managing Director

 

Cynthia Khan

 

Vice President - Finance

Finance Executive

 

Matthew Lee

 

Senior Vice President - Human Resources

Human Resources Executive

 

Lynn Tan

 

Marketing Manager

Marketing Executive

 

David Tay

 

Information Technology Manager

Information Executive

 

Jeffrey Soo

 

Head of Project Management

Other

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.17

UK Pound

1

Rs.86.43

Euro

1

Rs.68.27

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.