MIRA INFORM REPORT

Report Date :

08.02.2012


Tel. No.:	03 5530 8861

IDENTIFICATION DETAILS

Name :	S OKUNI KK

Registered Office :	5-10-9 Minami-Azabu Minatoku Tokyo 106-0047

Country :	Japan

Date of Incorporation :	February 2011

Com. Reg. No.:	(Tokyo-Minatoku) 092232

Legal Form :	Limited Company

Line of Business :	Import, wholesale of footwear

No. of Employees :	02

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
----	NB	New Business	----

Status :	New Company

Payment Behaviour :	Unknown

Litigation :	---

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^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Japan

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company name

S OKUNI KK

REGD NAME

KK S Okuni

MAIN OFFICE

5-10-9 Minami-Azabu Minatoku Tokyo 106-0047 JAPAN

Tel: 03-5530-8861 Fax: 03-5530-8861

URL: N/A

Important Note:

The above given address is the subject other premises

ACTIVITIES

Import, wholesale of footwear

BRANCHES

Nil

OFFICERS

YOSUKE TANAKA, PRES

Hideko Kaji, dir

Yen Amount: In million Yen, unless otherwise stated

SUMMARY

FINANCES UNDETD A/SALES Yen 30 M*

PAYMENTS Unknown CAPITAL Yen 1 M

TREND UNDETD WORTH Yen 1 M

STARTED 2011 EMPLOYES 2

*.. Sales target for the initial one year term

COMMENT

TRADING FIRM SPECIALIZING IN FOOTWEAR.

FINANCIAL SITUATION UNDETERMINED DUE TO THE RECENT INCEPTION AND WITHOUT PROVEN BUSINESS BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.

MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE SAME REASON.

HIGHLIGHTS

The subject company was established by Yosuke Tanaka in order to make most of his experience in the subject line of business. This is a trading firm, wholly owned and operated by Y Tanaka, for import and wholesale of shoes, other footwear. Goods are imported from China, other.

FINANCIAL INFORMATION

The sales volume for the initial one year term that ended Dec/2011 was targeted at Yen 30 million. Final results are yet to be released.

Both the financial situation and business trends are not determined due to the recent inception and without proven business records but should be good for MODERATE business engagements. Max credit limit is unable to be assessed due to the same reason.

REGISTRATION

Date Registered: Feb 2011

Regd No.: (Tokyo-Minatoku) 092232

Legal Status: Limited Company (Kabushiki Kaisha)

Authorized: 80 shares

Issued: 20 shares

Sum: Yen 1 million

Major shareholders (%): Yosuke Tanaka (100)

Nothing detrimental is known as to the commercial morality of executives.

OPERATION

Activities: Imports and wholesales shoes, other footwear (--100%)

Clients: Shoes shops, chain stores, other

No. of accounts: Unavailable

Domestic areas of activities: Centered in greater-Tokyo

Suppliers: [Mfrs, wholesalers] Imports from China, other

Payment record: Unknown

Location: Business area in Tokyo. Office premises at the caption address are leased and maintained satisfactorily.

Bank References:

Local Bank (Tokyo)

Relations: Money deposits and transfers only

FINANCES

(In Million Yen)

NOT YET MADE AVAILABLE

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.48.92
UK Pound	1	Rs.77.31
Euro	1	Rs.64.12

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.