MIRA
INFORM REPORT
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Report Date : |
25.01.2012 |
IDENTIFICATION DETAILS
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Name : |
HANAMASA CO LTD |
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Registered Office : |
Kimura Bldg 3F, 1-6-6 Shimbashi Minatoku Tokyo 105-0004 |
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Country : |
Japan |
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Financials (as on) : |
30.06.2011 |
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Date of Incorporation : |
February 2008 |
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Com. Reg. No.: |
(Tokyo-Minatoku) 074305 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer of ham, sausages; operation
of food supermarkets & restaurants |
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No. of Employees : |
229 |
RATING & COMMENTS
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MIRAs Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
Yen 160.2 Million |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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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 30, 2011
|
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 and address
HANAMASA CO LTD
REGD NAME: KK
Hanamasa
MAIN OFFICE: Kimura
Bldg 3F, 1-6-6 Shimbashi Minatoku Tokyo 105-0004 JAPAN
Tel:
03-3483-8124 Fax: 03-3289-8521
URL: http://www.hanamasa.co.jp/
E-Mail address: hanamail@hanamasa.co.jp
ACTIVITIES
Mfg of ham,
sausages; operation of food supermarkets & restaurants
STORES
47 shops centering
in greater-Tokyo and neighboring prefectures
RESTAURANTS
Domestic (3),
overseas 14 (Indonesia, Korea, China, etc)
FACTORIES
Chiba, Tokyo,
other (4) for processing livestock products (--subsidiaries)
OFFICERS
HIROAKI SUZUKI,
PRES Shinichiro Sugi, dir
Makoto Shimizu,
dir Toshitaka Tamura,
dir
Yen Amount: In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 25,390 M
PAYMENTS REGULAR CAPITAL
Yen 95 M
TREND UP WORTH Yen 399 M
STARTED 2008 EMPLOYES 229
COMMENT
FOOD SUPERMARKET OPERATOR.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT:
YEN 160.2 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established
originally in 1923 by Masaaki Ono as a butcher shop, on his account, and has
been succeeded by his descendants. In
Feb 2008, totally restructured to concentrate on supermarket owning and
management.. Operates a total 47 food
supermarkets centrally in greater-Tokyo area, including the neighboring
prefectures. Also produces ham, sausages
and other livestock products, started on technical license from a German
maker. Runs restaurants, too: 3 in Japan
and 14 overseas. The firm is known as
Niku-no Hanamasa (Niku means meat).
Goods are also imported and exported.
Most of the products are sold to restaurants, hotels, and other business
use.
FINANCIAL INORMATION
The sales volume for Jun/2011 fiscal
term amounted to Yen 25,390 million, a 3% up from Yen 24,700 million in the
previous term. Opened two new stores
during the term. The recurring profit
was posted at Yen 240 million and the net profit at Yen 88 million,
respectively, compared with Yen 110 million recurring profit and Yen 11 million
net profit, respectively a year ago.
For the current term ending Jun 2012 the
recurring profit is projected at Yen 250 million and the net profit at Yen 90
million, respectively, on a 4% rise in turnover, to Yen 25,900 million. Business is seen steady expanding.
The financial situation is considered
maintained FAIR and good for ORDINARY business engagements. Max credit limit is estimated at Yen 160.2
million, on normal terms.
REGISTRATION
Date Registered: Feb 2008
Regd No.::
(Tokyo-Minatoku)
074305
Legal Status: Limited
Company (Kabushiki Kaisha)
Authorized: 7,600
shares
Issued: 1,900
shares
Sum: Yen
95 million
Major shareholders
(%): ZTH* (100)
*.. Holding company
owned by Hanamasa Group firms
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Manufactures ham, sausages; operates
supermarkets (47 stores); restaurants (3 domestic and 14 overseas); online
& mail order sales of livestock products, other foodstuffs (--100%). (Detailed breakdown not available)
Clients: Consumers, restaurants, other
No. of accounts: Unavailable
Domestic areas of
activities: Centered in greater-Tokyo and vicinities
Suppliers: [Mfrs,
wholesalers] All Japan Foods (40%), Mitsubishi Foods, Zen-Noh Chicken Foods,
Nippon Meat Packers, Tokyo Kokubu, other
Payment record: Regular
Location: Business area in
Tokyo. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References:
SMBC (Kanda)
Resona Bank
(Tokyo)
Relations:
Satisfactory
FINANCES
(In
Million Yen)
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Terms Ending: |
30/06/2012 |
30/06/2011 |
30/06/2010 |
30/06/2009 |
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Annual
Sales |
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26,500 |
25,390 |
24,700 |
24,900 |
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Recur.
Profit |
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250 |
240 |
110 |
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Net
Profit |
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90 |
88 |
11 |
51 |
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Total
Assets |
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3,849 |
3,566 |
N/A |
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Current
Assets |
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2,110 |
1,828 |
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Current
Liabs |
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2,821 |
2,944 |
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Net
Worth |
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399 |
311 |
300 |
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Capital,
Paid-Up |
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95 |
95 |
95 |
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Div.P.Share(₯) |
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0.00 |
0.00 |
0.00 |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
4.37 |
2.79 |
-0.80 |
213.72 |
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Current Ratio |
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.. |
74.80 |
62.09 |
.. |
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N.Worth Ratio |
.. |
10.37 |
8.72 |
.. |
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R.Profit/Sales |
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0.94 |
0.95 |
0.45 |
.. |
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N.Profit/Sales |
0.34 |
0.35 |
0.04 |
0.20 |
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Return On Equity |
.. |
22.06 |
3.54 |
17.00 |
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Notes:
Forecast figures for the 30/06/2012 Fiscal Term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.49.97 |
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|
1 |
Rs.77.74 |
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Euro |
1 |
Rs.65.09 |
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 |
-- |
This score serves as a reference to assess SCs 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.