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Report Date : |
20.08.2012 |
IDENTIFICATION DETAILS
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Name : |
CAPSUGEL JAPAN INC |
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Registered Office : |
4-3-36 Minamihashimoto Chuoku Sagamihara City Kanagawa-Pref 229-1133 |
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Country : |
Japan |
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Financials (as on) : |
30.11.2011 |
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Date of Incorporation : |
December
2001 |
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Com. Reg. No.: |
(Kanagawa-Chuoku)
046108 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer
of pharmaceutical capsules, capsule filling machines |
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No. of Employees : |
140 employees |
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 |
CAPSUGEL JAPAN INC
Capsugel Japan KK
4-3-36
Minamihashimoto Chuoku Sagamihara City Kanagawa-Pref 229-1133 JAPAN
Tel:
042-700-6700 Fax: 042-771-7397
URL: http://www.capsugel-jp.com
E-Mail address: marketingCJ@pfizer.com
Mfg of
pharmaceutical capsules, capsule filling machines
Nil
At the
caption address
ROBERT
WHITELAW, PRES K Dreesen, ch
Hirokane
Kyoyama, v pres Hiroshi Toda, v
pres
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR A/SALES Yen 6,900 M
PAYMENTS No
Complaints CAPITAL Yen 310 M
TREND SLOW WORTH Yen 3,905 M
STARTED 2001 EMPLOYES 140
MFR OF CAPSULES FOR PHARMACEUTICAL & HEALTH FOODS INDUSTRIES, WHOLLY OWNED BY CAPSUGEL JAPAN HOLDINGS INC.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company was established as Japan Warner Lambert KK at the caption address for mfg capsules and capsule filling machines for the pharmaceutical industries. After merger with a sister company and reorganization, the firm was renamed as captioned and joined Pfizer Inc group. In Apr 2011, the firm was transferred to Capsugel Japan Holdings Inc from Pfizer Inc group, and the firm became a wholly owned subsidiary of the new holding company.
Financials are only partially disclosed and in rounded-off numbers. The firm says financials are consolidated by the parent, Capsugel Japan Holdings Inc.
The sales volume for Nov/2011 fiscal term said amounted to Yen 6,900 million, a 3% up from Yen 6,700 million in the previous term. Capsule filling machines sold well, the firm says. The net profit is believed posted at Yen 540 million, compared with Yen 530 million a year ago. The profits were estimated figures only as not precisely disclosed.
For the current term ending Nov 2012 the net profit is projected at Yen 550 million, on a 3% rise in turnover, to Yen 7,100 million. The firm does not disclose sales targets, etc and this is again only estimated by us, based on the conversation with the treasurer.
The financial situation is considered maintained FAIR and good for ORDINARY business engagements.
Date Registered: Dec 2001
Regd No.: (Kanagawa-Chuoku) 046108
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
6,200 shares
Issued:
6,200 shares
Sum: Yen 310 million
Major shareholders (%):
Capsugel Japan Holdings Inc*(100)
*.. Holding company at the
caption address
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Manufactures capsules, including hard gelatin, soft-gel, non-animal & fish gelatin capsules, capsule filling machines, liquid filling and sealing equipment, clinical trial & manual filling machines, replacement parts, others (--100%).
Clients: Pharmaceutical mfrs, dietary supplement industry, wholesalers, drug stores, other
No. of accounts: 800
Domestic areas of activities: Nationwide
Suppliers: [Mfrs, wholesalers] Nitta Gelatin, Hayashibara Shoji, other.
Also supplied from L D Davis Ind Inc, USA, other.
Payment record: No Complaints
Location: Business area in Sagamihara City, Kanagawa-Pref. Office premises at the caption address are owned and maintained satisfactorily.
Bank References:
Mizuho
Bank (Hashimoto)
MUFG
(Shinjuku-Fukutoshin)
Relations:
Satisfactory
(In Million Yen)
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30/11/2012 |
30/11/2011 |
30/11/2010 |
30/11/2009 |
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Annual
Sales |
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7,100 |
6,900 |
6,700 |
6,500 |
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Recur.
Profit |
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Net
Profit |
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550 |
540 |
530 |
540 |
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Total
Assets |
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N/A |
9,070 |
N/A |
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Net
Worth |
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3,905 |
3,527 |
3,156 |
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Capital,
Paid-Up |
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|
310 |
310 |
310 |
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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 |
2.90 |
2.99 |
3.08 |
3.17 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
38.89 |
.. |
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N.Profit/Sales |
7.75 |
7.83 |
7.91 |
8.31 |
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Note: Financials are only partially disclosed. Sales/profits were not precisely disclosed
and the figures are estimated.
Forecast
(or estimated) figures for the 30/11/2012 fiscal term.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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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.