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Report Date : |
18.08.2012 |
IDENTIFICATION DETAILS
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Name : |
RICK CO LTD |
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Registered Office : |
3-15-3 Kuramae Taitoku Tokyo 111-0051 |
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Country : |
Japan |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
February 2008 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, wholesale of Wedgewood
tableware, cutlery, cooking ware |
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No. of Employees : |
04 employees |
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) |
|
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 |
RICK CO LTD
Rick KK
3-15-3 Kuramae
Taitoku Tokyo 111-0051 JAPAN
Tel:
03-5833-3451 Fax: 03-5833-3453
E-Mail address: (thru the URL)
Import,
wholesale of Wedgewood tableware, cutlery, cooking ware, other
Nil
TOMOYUKI
KOBAYASHI, PRES
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR A/SALES Yen 190 M
PAYMENTS SLOW CAPITAL Yen 10 M
TREND SLOW WORTH Yen
19 M
STARTED 2008 EMPLOYES 4
IMPORTER OF TABLEWARE, CUTLERY, COOKING WARE, OTHER.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company was established by Tomoyuki Kobayashi in order to make most of his experience in the subject line of business. This is a trading firm specializing in importing tableware, cutlery, cooking ware, other. Handles such brands as: Wedgewood, Rosenthal, Miyawo, other. Goods are imported and supplied to hotels, restaurants, other.
Financials are only partially disclosed.
The sales volume for Dec/2011 fiscal term amounted to Yen 190 million, a similar amount in the previous term. The net profit was posted at Yen 3 million, similarly in the previous term.
For the current term ending Dec 2012 the net profit is projected to mark time at Yen 3 million, on a similar turnover, at Yen 190 million.
The financial situation is considered FAIR and good for ORDINARY business engagements.
Date Registered: Feb 2008
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
800 shares
Issued:
200 shares
Sum: Yen 10 million
Major shareholders (%): Tomoyuki Kobayashi (100)
Nothing
detrimental is known as to his commercial morality.
Activities: Imports and wholesales tableware, glassware, cutlery, cooking ware, other (--100%)
(Handling Brands): Wedgewood, Rosenthal, Miyawo, other
Clients: [Hotels, wholesalers] Hotel New Otani, The Ritz Carlton Property Management Co Tokyo, Suntory Liquors, Hiramatsu, other
No. of accounts: 300
Domestic areas of activities: Nationwide
Suppliers: [Mfrs, wholesalers] Josian Wedgewood & Sons Ltd, Water Wedgewood Japan, Rosenthal AG, other
Payment record: Slow
Location: Business area in Tokyo. Office premises at the caption address are owned and maintained satisfactorily.
Bank References:
Resona
Bank (Asakusa)
Relations:
Money deposits & transfers only
(In Million Yen)
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31/12/2012 |
31/12/2011 |
31/12/2010 |
31/12/2009 |
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Annual
Sales |
|
190 |
190 |
190 |
162 |
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Recur.
Profit |
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Net
Profit |
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3 |
3 |
3 |
2 |
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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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19 |
16 |
13 |
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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 |
0.00 |
0.00 |
17.28 |
-25.69 |
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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 |
1.58 |
1.58 |
1.58 |
1.23 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/12/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.70 |
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UK Pound |
1 |
Rs.87.55 |
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Euro |
1 |
Rs.68.85 |
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.