MIRA INFORM REPORT

 

 

Report Date :

06.07.2012

 

IDENTIFICATION DETAILS

 

Name :

SELF TRADING CO LTD

 

 

Registered Office :

316-3 Kuzetonoshirocho Minamiku Kyoto 601-8205

 

 

Country :

Japan

 

 

Date of Incorporation :

October 2006

 

 

Com. Reg. No.:

1300-01-034226 (Kyoto-Minamiku)

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Wholesale, retail of auto lamps, other accessories

 

 

No. of Employees :

03

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

Payment Behaviour :

Unknown

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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

 

SELF TRADING CO LTD

 

 

REGD NAME 

 

KK Self Trading

 

 

MAIN OFFICE

 

316-3 Kuzetonoshirocho Minamiku Kyoto 601-8205 JAPAN

Tel: 075-935-2300      Fax: 075-935-2299

                                              

URL:                 http://www.self-tr.com

E-Mail address:            info@self-tr.com

 

 

ACTIVITIES  

 

Wholesale, retail of auto lamps, other accessories

 

 

BRANCHES

 

Nil

 

 

OFFICERS

 

TAKASHI MIYAMOTO, PRES                

 

Yen Amount:     In million Yen, unless otherwise stated


SUMMARY    

 

FINANCES        UNDETD           A/SALES          Yen 30 M*

PAYMENTS Unknown            CAPITAL           Yen 3 M

TREND UNDETD           WORTH            Yen 3 M**

STARTED         2006                 EMPLOYES      3

                        *.. Only estimated; **.. Expressed by the paid-in capital

 

 

COMMENT    

 

TRADING FIRM SPECIALIZING AUTO LAMPS & ACCESSORIES.

 

FINANCIAL SITUATION UNDETERMINED DUE TO THE LACK OF PROVEN BUSINESS.

 

                       

HIGHLIGHTS

           

The subject company was established by Takashi Miyamoto in order to make most of his experience in the subject line of business.  This is a trading firm for import, wholesale and retail of auto parts & accessories, such as lamps, others.  Goods are marketed online. 

 

 

FINANCIAL INFORMATION

           

Financials are not disclosed.  No database has any information on financials, either.  It is only estimated that the annual turnover is around Yen 30 million, but not evidence.  The firm declined to disclose them.

 

Both the financials situation and business trends are not determined due to the lack of proven business but should be good for MODERATE business engagements. 

 

 

REGISTRATION

 

Date Registered:  Oct 2006

Regd No.:         1300-01-034226 (Kyoto-Minamiku)

Legal Status:      Limited Company (Kabushiki Kaisha)

Authorized:         240 shares

Issued:                60 shares

Sum:                   Yen 3 million

 

Major shareholders (%): Takashi Miyamoto (100)

 

Nothing detrimental is known as to his commercial morality.

 

 

OPERATION

           

Activities: Trading firm for import, wholesale and retail of auto parts & accessories (--100%)

 

Clients: Consumers, others

            No. of accounts: Unavailable

            Domestic areas of activities: Centered in greater-Osaka

 

Payment record: Unknown

 

Location: Business area in Kyoto.  Office premises at the caption address are leased and maintained satisfactorily.

 

Bank References:

Bank of Kyoto (Kuze)

Relations: Money deposits and transfers only

 

 

FINANCES

(In Million Yen)

 

NOT DISCLOSED AND UNAVAILABLE.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.03

UK Pound

1

Rs.85.93

Euro

1

Rs.68.97

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.