MIRA
INFORM REPORT
|
Report Date : |
19.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
MPM CORPORATION |
|
|
|
|
Registered Office : |
Meiwa Uehonmachi Bldg 4F, 3-2 Higashi-Kozucho Tennojiku Osaka 543-0021 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Date of Incorporation : |
December 2003 |
|
|
|
|
Com. Reg. No.: |
(Osaka-Tennojiku) 060666 |
|
|
|
|
Legal Form : |
Limited Company (Kabushiki Kaisha) |
|
|
|
|
Line of Business : |
Import, export, wholesale of
packaging materials, packaging paper |
|
|
|
|
No. of Employees : |
3 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
Yen 7.8 Million |
|
Status : |
Small company |
|
Payment Behaviour : |
No complaints |
|
Litigation : |
Clear |
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, 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
MPM CORPORATION
REGD NAME:
MPM KK
MAIN OFFICE
Meiwa Uehonmachi
Bldg 4F, 3-2 Higashi-Kozucho Tennojiku Osaka 543-0021 JAPAN
Tel:
06-6765-5450 Fax: 06-6765-5460
URL
N/A
ACTIVITIES
Import,
export, wholesale of packaging materials, packaging paper
BRANCHES
Nil
OFFICERS
YASUO
IMAZU, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 421 M
PAYMENTS No
Complaints CAPITAL Yen 10 M
TREND UP WORTH Yen 72 M
STARTED 2003 EMPLOYES 3
COMMENT
TRADING FIRM FOR IMPORT, EXPORT AND WHOLESALE OF PACKAGING
MATERIALS & PAPER.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT
LIMIT: YEN 7.8 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Yasuo Imazu in order
to make most of his experience in the subject line of business. This is a family-based trading firm
specializing in import, export and wholesale of packaging materials &
paper. Goods are exported.
FINANCIAL INFORMATION
Financial are only partially disclosed.
The sales volume for Jun/2011 fiscal term amounted to Yen
421 million, a 31% up from Yen 322 million in the previous term. Exports were brisk. The net profit was posted at Yen 14 million,
compared with Yen 11 million a year ago.
For the current term ending Jun 2012 the net profit is
projected at Yen 15 million, on a 5% rise in turnover, to Yen 440 million.
The financial situation is considered FAIR and good for ORDINARY business engagements. Max credit limit is estimated at Yen 7.8 million, on 30 days normal terms.
REGISTRATION
Date Registered: Dec
2003
Regd No.: (Osaka-Tennojiku)
060666
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 800 shares
Issued:
200 shares
Sum: Yen
10 million
Major shareholders (%): Yasuo Imazu & families
(--100)
No. of shareholders: 3
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports, exports and wholesales
packaging materials & paper (--100%)
Clients: [Mfrs, wholesalers] Kaito Chemical
Ind, other
No. of
accounts: Limited
Domestic
areas of activities: Centered in greater-Osaka
Suppliers: [Mfrs, wholesalers] Meiwa Pax Co,
other.
Payment record: Regular
Location:
Business area in Osaka. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References:
MUFG
(Dojima)
Relations: Satisfactory
FINANCES
(In Million Yen)
|
Terms Ending: |
|
30/06/2012 |
30/06/2011 |
30/06/2010 |
30/06/2009 |
|
Annual
Sales |
|
440 |
421 |
322 |
500 |
|
Recur.
Profit |
|
|
|
|
|
|
Net
Profit |
|
15 |
14 |
11 |
18 |
|
Total
Assets |
|
|
N/A |
N/A |
N/A |
|
Net
Worth |
|
|
72 |
58 |
47 |
|
Capital,
Paid-Up |
|
|
10 |
10 |
10 |
|
Div.P.Share(¥) |
|
|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
|
|
S.Growth Rate |
4.51 |
30.75 |
-35.60 |
-20.38 |
|
|
Current Ratio |
|
|
.. |
.. |
.. |
|
N.Worth Ratio |
|
.. |
.. |
.. |
|
|
N.Profit/Sales |
3.41 |
3.33 |
3.42 |
3.60 |
|
Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 30/06/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.66 |
|
|
1 |
Rs.77.72 |
|
Euro |
1 |
Rs.64.63 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.