MIRA INFORM REPORT
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Report Date : |
04.01.2012 |
IDENTIFICATION DETAILS
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Name : |
ASIA PLANNING CO LTD |
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Registered Office : |
Sumita Bldg 7F, 2-2-1 Kyomachibori Nishiku
Osaka 550-0003 |
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Country : |
Japan |
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Date of Incorporation : |
July 1994 |
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Com. Reg. No.: |
(Osaka-Nishiku) 119685 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, Export, Wholesale, Retail of DIY hardware |
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No. of Employees
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8 |
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 : |
Unknown |
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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 |
Company name
ASIA PLANNING CO LTD
REGD NAME
Asia Planning KK
MAIN OFFICE
Sumita Bldg 7F, 2-2-1
Kyomachibori Nishiku Osaka 550-0003 JAPAN
Tel:
06-6443-3097 Fax: 06-6443-3098
URL: http://www.asiaplanning.com
E-Mail address: info@asiaplanning.com
ACTIVITIES
Import,
export, wholesale, retail of DIY hardware
BRANCHES
Nil
OVERSEAS
Shanghai
(China)
FACTORIES
(subcontracted)
OFFICERS
JUN
ETO, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 720 M*
PAYMENTS Unknown CAPITAL Yen
10 M
TREND UNDETD WORTH Yen
10 M**
STARTED 1994 EMPLOYES 8
*.. Figures for Jul/2009
fiscal term; **.. Expressed by the paid-In capital
COMMENT
TRADING FIRM SPECIALIZING IN DIY HARDWARE.
FINANCIAL SITUATION UNDETERMINED DUE TO THE LACK OF PROVEN BUSINESS. WE ARE UNABLE TO ASSESS THE CREDIBILITY TO THE CREDIT AMOUNT PROPOSED DUE TO THE SAME REASON.
MAX
CREDIT LIMIT: UNABEL TO BE ASSESSED DUE TO THE LACK OF PROVEN BUSINESS RECORDS.
HIGHLIGHTS
The subject company was established by Jun Kondo in order to make most
of his experience in the subject line of business. This is a trading firm specializing in
import, export , retail and wholesale of DIY hardware, fasteners (screws,
bolts, etc), other.
FINANCIAL INFORMATION
Financial are not disclosed, except for Jul/2009 fiscal term: Sales Yen
720 million, which is professed by the company but not verified by third
parties.
Both the financial situation and business trends are not determined due
to the lack of proven business records.
The proposed credit amount and max credits cannot be assessed due to the
same reason
REGISTRATION
Date Registered: Jul 1994
Regd No.: (Osaka-Nishiku) 119685
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
800 shares
Issued:
200 shares
Sum: Yen 10 million
Major shareholders (%): Jun Kondo (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Trading firm for
import, export, wholesale and retail of DIY hardware, fasteners (screws, bolts,
etc), other (--100%)
Clients: Mfrs,
wholesalers, consumers, other
No. of accounts:
Unavailable
Domestic areas of
activities: Centered in greater-Osaka
Suppliers: Mfrs, wholesalers,
other
Payment record: Unknown
Location: Business area in
Osaka. Office premises at the caption
address are leased and maintained satisfactorily.
Bank
References:
MUFG
(Shinanobashi)
Minato
Bank (Osaka)
Relations:
Money deposits & transfers only
FINANCES
(In Million Yen)
NOT DISCLOSED
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.53.23 |
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UK Pound |
1 |
Rs.82.87 |
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Euro |
1 |
Rs.69.13 |
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.