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Report Date : |
22.08.2012 |
IDENTIFICATION DETAILS
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Name : |
JUPITOR CORPORATION |
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Registered Office : |
3-17-4 Minamiaoyama Minatoku Tokyo
107-0062 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
April 1948 |
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Com. Reg. No.: |
0104-01-014149
(Tokyo-Minatoku) |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Manufacturer of measuring instruments, grinding equipment for aircrafts; import of parts/components for aircraft, testing equipment |
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No. of Employees : |
188 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 but Correct |
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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 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
JUPITOR CORPORATION
KK Jupitor
Corporation
3-17-4
Minamiaoyama Minatoku Tokyo 107-0062 JAPAN
Tel:
03-3403-1311 Fax: 03-3403-1319
E-Mail address: info@jupitor.co.jp
Mfg of measuring instruments, grinding equipment for aircrafts; import of parts/components for aircraft, testing equipment, other
Nagoya,
Kobe
California
(USA)
Futtsu
(Chiba)
TOSHIYASU
ASANO, PRES Kaoru Fujimura, ch
Toshikazu
Hamai, v ch Tomoo Ito, mgn
dir
Susumu
Komine, mgn dir Koichi Saika,
dir
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR
A/SALES Yen 10,184 M
PAYMENTS Slow
but Correct CAPITAL Yen 110 M
TREND SLOW WORTH Yen 2,326 M
STARTED 1948 EMPLOYES 188
MFR & IMPORTER SPECIALIZING IN INDUSTRIAL MACHINERY
PARTS & COMPONENTS.
FINANCIAL SITUATION CONSIDERED FAIR
AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company was established by Yoshiro Fujimura in order to make
most of his experience in the subject line of business. Kaoru is the founder’s son. This is a trading firm, with mfg division,
specializing in export, import and wholesale of: measuring instruments,
computer peripherals & components, grounding equipment for aircrafts, all
produced at its Futtsu Factory. The
Factory offers repairing, maintenance services for simulators, aircraft
apparatus & equipment. The firm
imports various parts & components for aircraft/spaceships, hydraulic
machinery, electronics, chemicals, testing apparatus, medical equipment, other.
Financials are only partially disclosed.
The sales volume for Mar/2012 fiscal term amounted to Yen 10,184
million, an almost similar amount of Yen 10,116 million in the previous
term. The net profit was posted at Yen
76 million, compared with Yen 82 million a year ago.
For the current term ending Mar 2013 the net profit is projected at Yen
80 million, on a 3% rise in turnover, to Yen 10,500 million. Business is seen steadily expanding.
The financial situation is considered FAIR and good for ORDINARY
business engagements.
Date Registered: Apr 1948
Regd No.: 0104-01-014149 (Tokyo-Minatoku)
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
8.8 million shares
Issued:
2.2 million shares
Sum: Yen 110 million
Major shareholders (%): Executives’ S/Holding Assn,
Employees’ S/Holding Assn, other
No. of shareholders: 15
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Manufactures and exports: measuring instruments, computer-related equipment & components, gounding equipment for aircrafts; imports and wholesales parts & components for aircraft, electronic machinery, chemicals, testing equipment, meteorological instruments, precision machine tools, others (--100%).
Clients: [Governments, mfrs, wholesalers] Ministry of Defense, Japan Coast Guard, Mitsubishi Heavy Ind, Kawasaki Heavy Ind, IHI Corp, Fuji Heavy Ind, ANA, Hitachi Ltd, Toshiba Corp, JRC Nihon Musen, other
No. of accounts: 500
Domestic areas of activities: Nationwide
Suppliers: [Mfrs, wholesaler] Jupitor Corp USA (70%), Seattle Aero LLC, Deutsch Ltd, other.
Payment record: Slow but Correct
Location: Business area in Tokyo. Office premises at the caption address are owned and maintained satisfactorily.
Bank References:
MUFG (Omotesando)
Mizuho
Bank (Aoyama)
Relations:
Satisfactory
(In Million Yen)
|
|
|
31/03/2013 |
31/03/2012 |
31/03/2011 |
31/03/2010 |
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Annual
Sales |
|
10,500 |
10,184 |
10,116 |
9,916 |
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Recur.
Profit |
|
|
|
|
|
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Net
Profit |
|
80 |
76 |
82 |
153 |
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Total
Assets |
|
|
N/A |
N/A |
N/A |
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Net
Worth |
|
|
2,326 |
2,273 |
2,216 |
|
Capital,
Paid-Up |
|
|
110 |
110 |
110 |
|
Div.P.Share(¥) |
|
|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
|
|
S.Growth Rate |
3.10 |
0.67 |
2.02 |
-28.77 |
|
|
Current Ratio |
|
|
.. |
.. |
.. |
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N.Worth Ratio |
|
.. |
.. |
.. |
|
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N.Profit/Sales |
0.76 |
0.75 |
0.81 |
1.54 |
|
Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/03/2013 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.54 |
|
UK Pound |
1 |
Rs.87.39 |
|
Euro |
1 |
Rs.68.72 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.