MIRA INFORM REPORT
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Report Date : |
28.01.2012 |
IDENTIFICATION DETAILS
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Name : |
A-SAT CORPORATION |
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Registered Office : |
Commons Bldg 203, 2-25-10 Tozuka Kawaguchi Saitama-Pref 333-0811 |
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Country : |
Japan |
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Financials (as on) : |
30.04.2011 |
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Date of Incorporation : |
September 2007 |
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Com. Reg. No.: |
(Saitama-Kawaguchi) 012553 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, export
of used semiconductor mfg equipment & supplies |
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No. of Employees
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06 |
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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Maximum Credit Limit : |
Yen 9.6 Million |
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Status : |
Small Company |
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Payment
Behaviour : |
No Complaints |
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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
A-SAT CORPORATION
REGD NAME
A-Sat KK
MAIN OFFICE
Commons Bldg 203,
2-25-10 Tozuka Kawaguchi Saitama-Pref 333-0811 JAPAN
Tel:
048-287-8807 Fax: 048-287-8808
E-Mail address: hiro.takahashi@water.ocn.ne.jp
ACTIVITIES
Import,
export of used semiconductor mfg equipment & supplies
BRANCHES
Kumamoto
OFFICERS
TAKAYUKI
SUZUKI, PRES
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 500 M
PAYMENTS No
Complaints CAPITAL Yen 20 M
TREND UP WORTH Yen 34 M
STARTED 2007 EMPLOYES 6
COMMENT
TRADING FIRM SPECIALIZING IN USED SEMICONDUCTOR EQUIPMENT.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 9.6 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Takayuki Suzuki in order to make
most of his experience in the subject line of business. This is a trading firm specializing in
import, export and wholesale of used semiconductor mfg equipment &
supplies. Imports from USA. Exports to China, other. Clients include electronics firms, other.
FINANCIAL INFORMATION
Financial are only partially disclosed.
The sales volume for Apr 2011 fiscal term amounted to Yen 500 million, a
233% up from Yen 150 million in the previous term. Clients networks rapidly and steeply expanded
in the fourth term since the inception.
Exports steeply rose to China and other S/E Asian countries. The net profit was posted at Yen 10 million,
compared with Yen 4 million a year ago.
For the current term ending Apr 2012 the net profit is projected at Yen
12 million, on a 10% rise in turnover, to Yen 550 million. Exports continue rising.
The financial situation is considered maintained FAIR and good for
ORDINARY business engagements. Max
credit limit is estimated at Yen 9.6 million, on 30 days normal terms.
REGISTRATION
Date Registered: Sept 2007
Regd No.: (Saitama-Kawaguchi) 012553
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
1,600 shares
Issued: 400 shares
Sum: Yen 20 million
Major shareholders (%): Takayuki Suzuki (100)
Nothing
detrimental is known as to his commercial morality.
OPERATION
Activities: Imports, exports
and wholesales used semiconductor mfg equipment & accessories (dry pump,
turbo pump, other) (--100%)
Clients: [Mfrs, wholesalers]
Kumamoto Sanso Corp, Yamaha Kagoshima Semiconductors, Sanken Electric Co,
other. Exports to China, USA, Europe,
other
No. of accounts: 100
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Imports from USA, other.
Payment record: No
Complaints
Location:
Business area in Kawaguchi, Saitama-Pref.
Office premises at the caption address are leased and maintained
satisfactorily.
Bank References:
Saitama Resona Bank (Koshigaya)
Relations: Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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30/04/2012 |
30/04/2011 |
30/04/2010 |
30/04/2009 |
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Annual
Sales |
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550 |
500 |
150 |
80 |
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Recur.
Profit |
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Net
Profit |
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12 |
10 |
4 |
0 |
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Total
Assets |
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N/A |
N/A |
N/A |
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Net
Worth |
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34 |
24 |
20 |
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Capital,
Paid-Up |
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20 |
20 |
20 |
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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 |
10.00 |
233.33 |
87.50 |
33.33 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
.. |
.. |
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N.Profit/Sales |
2.18 |
2.00 |
2.67 |
0.00 |
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Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 30/04/2012 fiscal term.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.65 |
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UK Pound |
1 |
Rs.77.80 |
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Euro |
1 |
Rs.65.05 |
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.