MIRA INFORM REPORT

 

 

Report Date :           

25.02.2012

 

IDENTIFICATION DETAILS

 

Name :

MOTOSAN ENGINEERING CORP

 

 

Registered Office :

3-1-8 Kojimachi, Chiyoda-ku, 102-0083

 

 

Country :

Japan

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

manufacturing motor vehicle parts and accessories, but not engaged in manufacturing complete motor vehicles or passenger car bodies

 

 

No. of Employees :

04

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

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 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Japan

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   Bottom of Form

 

 

Motosan Engineering Corp

 

3-1-8 Kojimachi

Chiyoda-ku, 102-0083

Japan

 

Tel:       81-32640007

Fax:      81-32301181

Web:    www.motosan.co.jp/english

           

 

Synthesis

 

Employees:                   4

Company Type:             Private Independent

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2009

Reporting Currency:       US Dollar

Annual Sales:               4.5

Total Assets:                 NA

 

 

Business Description     

 

Establishments primarily engaged in manufacturing motor vehicle parts and accessories, but not engaged in manufacturing complete motor vehicles or passenger car bodies.

 

Industry 

Industry            Auto and Truck Parts

ANZSIC 2006:    231 - Motor Vehicle and Motor Vehicle Part Manufacturing

NACE 2002:      3410 - Manufacture of motor vehicles

NAICS 2002:     336312 - Gasoline Engine and Engine Parts Manufacturing

UK SIC 2003:    3410 - Manufacture of motor vehicles

US SIC 1987:    3714 - Motor Vehicle Parts and Accessories

 

           

Key Executives   

 

 

Name

Title

Yukio Tanimoto

President

Hiroshi Tanimoto

Company Director

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1

2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

 

 

Corporate Overview

 

Location

3-1-8 Kojimachi

Chiyoda-ku, 102-0083

Japan

Tel:       81-32640007

Fax:      81-32301181

Web:    www.motosan.co.jp

           

Sales USD(mil):             4.5

Assets USD(mil):           NA

Employees:                   4

Fiscal Year End:            31-Dec-2009

Industry:                        Auto and Truck Parts

Company Type:             Private Independent

Quoted Status:              Not Quoted

President:                     Yukio Tanimoto

 

Contents

 

·         Industry Codes

·         Business Description

·         Financial Data

·         Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

231       -          Motor Vehicle and Motor Vehicle Part Manufacturing

 

NACE 2002 Codes:

3410     -          Manufacture of motor vehicles

 

NAICS 2002 Codes:

336312  -          Gasoline Engine and Engine Parts Manufacturing

 

US SIC 1987:

3714     -          Motor Vehicle Parts and Accessories

 

UK SIC 2003:

3410     -          Manufacture of motor vehicles

 


Business Description

Establishments primarily engaged in manufacturing motor vehicle parts and accessories, but not engaged in manufacturing complete motor vehicles or passenger car bodies.

 

Financial Data

 

 

Financials in:

USD(mil)

 

Revenue:

4.5

 

Date of Financial Data:

31-Dec-2009

1 Year Growth

NA

 

 

Key Corporate Relationships

Bank:    Sumitomo Mitsui Banking Corp

 

 

Executives Report

 

 

Executives

 

Name

Title

Function

 

Yukio Tanimoto

 

President

President

 

Hiroshi Tanimoto

 

Company Director

Other

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.07

UK Pound

1

Rs.77.19

Euro

1

Rs.65.57

 

 

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

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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.