MIRA INFORM REPORT
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Report Date : |
27.02.2012 |
IDENTIFICATION DETAILS
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Name : |
LUCRE CO LTD |
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Registered Office : |
1229-4 Hirukawa Nakatsugawa City Gifu-Pref 509-8301 |
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Country : |
Japan |
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Date of Incorporation : |
March 1994 |
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Com. Reg. No.: |
2000-02-024305
(Gifu-Nakatsugawa) |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Import, wholesale
of snowboards & accessories |
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No. of Employees
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05 |
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
Behaviors : |
No Complaints |
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Litigation : |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
LUCRE CO LTD
YK Lucre
1229-4 Hirukawa
Nakatsugawa City Gifu-Pref 509-8301 JAPAN
Tel:
0573-45-2537 Fax: 0573-45-3597
E-Mail address: (thru the URL)
Import,
wholesale of snowboards & accessories
Nil
HATSUMI
NAKANE, PRES
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES UNDETD A/SALES Yen 80 M*
PAYMENTS No Complaints CAPITAL Yen
8 M
TREND UNDETD WORTH Yen
20 M**
STARTED 1994 EMPLOYES 5
*.. & **.. Estimated figures
only as the financials are not disclosed
TRADING FIRM SPECIALIZING IN SNOWBOARDS.
FINANCIAL SITUATION UNDETERMINED DUE TO THE LACK OF PROVEN BUSINESS BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE LACK OF PROVEN
BUSINESS RECORDS
The subject company was established by Hastened Nakane in order to make
most of her experience in the subject line of business. This is a family-based trading firm
specializing in snowboards: snowboard binding, snowboard boots &
accessories, skis, ski shoes, other. The
firm does not disclose management & financial details and the information
contained here are derived from the Corporate Registration Certificate.
Financial are not disclosed as is often the case with family-based
companies.
The annual sales volume is estimated at Yen 80 million, but the figures
having not been verified. Owner declined
to divulge them.
Both the financial situation and business trends are not determined due to
the lack of proven business records but should be good for MODERATE business
engagements. Max credit limit is unable
to be assessed due to the same reason.
Date
Registered: Mar 1994
Regd No.: 2000-02-024305 (Gifu-Nakatsugawa)
Legal Status:
Private Limited Company (Yugen Kaisha)
Regd Capital: Yen 8 million
Major shareholders (%): Hatsumi Nakane (100)
Nothing
detrimental is known as to her commercial morality.
Activities: Imports and wholesales
snowboards, snowboard binding, snowboard boots & accessories, skis, ski
shoes, other (--100%)
Clients: Sports clubs,
schools, consumers, other
No. of accounts:
Unavailable
Domestic areas of
activities: Centered in greater-Nagoya
Suppliers: Mfrs,
wholesalers, other (not disclosed)
Payment record: No
Complaints
Location:
Business area in Nakatsugawa City, Gifu-Pref.
Office premises at the caption address are leased and maintained
satisfactorily.
Bank References:
Local
Bank (Nakatsugawa)
Relations:
Money deposits & transfers only
(In Million Yen)
NOT DICLOSED AND UNAVAILABLE
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.07 |
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UK Pound |
1 |
Rs.77.19 |
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Euro |
1 |
Rs.65.57 |
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 |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.