MIRA INFORM REPORT
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Report Date : |
11.01.2012 |
IDENTIFICATION DETAILS
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Name : |
SAWA INTERNATIONAL CO LTD |
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Registered Office : |
Broad City Tokyo 1602, 1-36-9 Nihombashi-Kakigaracho Chuoku Tokyo 103-0014 |
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Country : |
Japan |
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Date of Incorporation : |
August 2008 |
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Com. Reg. No.: |
0200-01-065197
(Kawasaki-Asoku) |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, export, wholesale of chemicals & plastics |
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No. of Employees
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1 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small concern |
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Payment
Behaviour : |
Unknown |
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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
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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
SAWA INTERNATIONAL CO LTD
REGD NAME
Sawa International
KK
MAIN OFFICE
Broad City Tokyo
1602, 1-36-9 Nihombashi-Kakigaracho Chuoku Tokyo 103-0014 JAPAN
Tel:
03-3241-5833 Fax: 03-3241-5839
*.. Registered at: 4-43-22 Higashi-Yurigaoka Asoku Kawasaki
URL: N/A
E-Mail address: tycsic@so-net.ne.jp
ACTIVITIES
Import,
export, wholesale of chemicals & plastics,
BRANCHES
Nil
OFFICERS
TOSHIO
YOSHIZAWA, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 50 M*
PAYMENTS Unknown CAPITAL Yen
10 M
TREND UNDETD WORTH Yen
10 M
STARTED 2008 EMPLOYES 1
*..
Financials are not disclosed and the figures are only estimated
COMMENT
TRADING FIRM SPECIALIZING IN CHEMICALS & PLASTICS.
FINANCIAL SITUATION UNDETERMINED DUE TO THE LACK OF PROVEN BUSINESS. THE OWNER DOES NOT DISCLOSE FINANCIALS. .
MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE LACK OF PROVEN BUSINESS RECORDS
HIGHLIGHTS
The subject company was established by Toshio Yoshizawa in order to
reactivate a shell company founded in 1978.
This is a trading firm specializing in import, export and wholesale of
chemicals & plastics, sugar, other (See OPERATION). The firm does
not disclose any of its management & financial details. Our contact was declined. The information herein is, therefore, based
on the Registration Certificate and information gathered from outside sources.
FINANCIAL INFORMATION
Financial are disclosed.
The annual sales volume is estimated at Yen 50 million. The figures, however, are only estimated and
not verified by third parties. The firm
does not disclose any of its financials and declined to disclose them to our
approach.
Both the financial situation and business trends are not determined due
to the lack of proven business records, which the owner declined to disclose,
but should be good for MODERATE business engagements. Max credit limit is unable to be assessed due
to the same reason. Any credits on new
transactions are recommended with strictly secured terms.
REGISTRATION
Date Registered: Aug 2008
Regd No.: 0200-01-065197 (Kawasaki-Asoku)
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
48,000 shares
Issued: 18,000 shares
Sum: Yen 10 million
Major shareholders (%): Toshio Yoshizawa (100)
Nothing
detrimental is known as to his commercial morality.
OPERATION
Activities: Imports, exports and wholesales chemicals & plastics: maltose monohydrate, chemical powders, sugar including invert sugar & syrup, inverter, other (--100%)
Clients: [Mfrs,
wholesalers] Sigma Chemicals Co (USA), other
No. of accounts:
Unavailable
Domestic areas of
activities: Centered in greater-Tokyo
Suppliers: Mfrs,
wholesalers, other
Payment record: Unknown
Location:
Business area in Tokyo. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References:
· Bank of Yokohama (Tokyo)
Relations:
Money deposits & transfers only
FINANCES
(In Million Yen)
NOT
DISCLOSED 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.52.23 |
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UK Pound |
1 |
Rs.80.84 |
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Euro |
1 |
Rs.66.79 |
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.