MIRA INFORM REPORT
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Report Date : |
28.01.2012 |
IDENTIFICATION DETAILS
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Name : |
TSL SOLUTIONS KK |
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Registered Office : |
SIC-2-401, 5-4-30 Nishi-Hashimoto Midoriku Sagamihara
Kanagawa-Pref252-0131 |
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Country : |
Japan |
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Financials (as on) : |
31.07.2011 |
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Date of Incorporation : |
April 1997 |
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Com. Reg. No.: |
(Sagamihara-Midoriku) 018468 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, Export, Wholesale of crystal analysis tool, OIM
data collection software |
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No. of Employees
: |
04 |
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 9.7 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
|
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
TSL SOLUTIONS KK
REGD NAME
KK TSL Solutions
MAIN OFFICE
SIC-2-401, 5-4-30
Nishi-Hashimoto Midoriku Sagamihara Kanagawa-Pref252-0131 JAPAN
Tel:
042-774-8841 Fax: 042-770-9314
E-Mail address: (thru
the URL)
ACTIVITIES
Import,
export, wholesale of crystal analysis tool, OIM data collection software
BRANCHES
Nil
OFFICERS
SEIICHI
SUZUKI, PRES
Shin’ichiro
Adachi, dir
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 368 M
PAYMENTS No
Complaints CAPITAL Yen 10 M
TREND UP WORTH Yen 69 M
STARTED 1997 EMPLOYES 4
COMMENT
TRADING FIRM SPECIALIZING IN ANALYTICAL INSTRUMENTS.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: YEN 9.7 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Seiichi 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 analytical instruments: OIM data collection
software, crystal structure analysis tool, other. Clients include universities, laboratories,
other.
FINANCIAL INFORMATION
The sales volume for Jul/2011 fiscal term amounted to Yen 368 million, a
14% up from Yen 324 million in the previous term. Demand increased from universities &
laboratories. The recurring profit was
posted at Yen 6 million and the net profit at Yen 3 million, respectively,
compared with Yen 17 million recurring profit and Yen 15 million net profit,
respectively, a year ago.
For the current term ending Jul 2012 the recurring profit is projected
at Yen 10 million and the net profit at Yen 5 million, respectively, on a 9%
rise in turnover, to Yen 400 million.
Business seen steadily expanding.
The financial situation is considered FAIR and good for ORDINARY
business engagements. Max credit limit
is estimated at Yen 9.7 million, on 30 days normal terms.
REGISTRATION
Date Registered: Apr 1997
Regd No.: (Sagamihara-Midoriku) 018468
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
800 shares
Issued:
200 shares
Sum: Yen 10 million
Major shareholders (%): Seiichi Suzuki (60),
Shin’ichiro Adachi (20)
No. of shareholders: 5
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Trading firm for
import, export and wholesale of analytical instruments: crystal structure
analysis tool, OIM data collection software, other (--100%)
Clients: [Mfrs,
universities, laboratories] JEOL Ltd, Hitachi High Technologies, Hitachi High
Fielding, Tohoku University, Osaka University, other
No. of accounts: 300
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Ametak Inc (85.2%), Meiwa Co (2.1%), System Art (2.1%), Yodobashi
Camera, other
Payment record: No
Complaints
Location:
Business area in Sagamihara, Kanagawa-Pref.
Office premises at the caption address are leased and maintained
satisfactorily.
Bank References:
Yachiyo
Bank (Hashimoto)
MUFG
(Machida)
Relations:
Satisfactory
FINANCES
(In Million Yen)
|
Terms Ending: |
31/07/2012 |
31/07/2011 |
31/07/2010 |
31/07/2009 |
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Annual
Sales |
|
400 |
368 |
324 |
268 |
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Recur.
Profit |
|
10 |
6 |
17 |
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Net
Profit |
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5 |
3 |
15 |
6 |
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Total
Assets |
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|
166 |
164 |
84 |
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Current
Assets |
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|
118 |
127 |
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Current
Liabs |
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|
88 |
78 |
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Net
Worth |
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|
69 |
66 |
52 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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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 |
8.70 |
13.58 |
20.90 |
-6.29 |
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Current Ratio |
|
.. |
134.09 |
162.82 |
.. |
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N.Worth Ratio |
.. |
41.57 |
40.24 |
61.90 |
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R.Profit/Sales |
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2.50 |
1.63 |
5.25 |
.. |
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N.Profit/Sales |
1.25 |
0.82 |
4.63 |
2.24 |
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Return On Equity |
.. |
4.35 |
22.73 |
11.54 |
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Notes:
Forecast (or estimated) figures for the 31/07/2012 fiscal term.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
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.