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Report Date : |
23.07.2012 |
IDENTIFICATION DETAILS
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Name : |
KKM CORPORATION |
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Registered Office : |
1-6-19 |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
January 2002 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, export of auto body parts, welding machines |
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No. of Employees : |
3 |
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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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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 |
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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 |
KKM CORPORATION
REGD NAME: YK
K. K. M.
MAIN OFFICE: 1-6-19
Tel:
04-7165-5735 Fax: 04-7165-5735
URL: N/A
Import, export of auto
body parts, welding machines
Nil
HARUO MURAKAMI,
PRES
Shizuko Murakami,
dir
Yen Amount: In million Yen, unless otherwise stated
FINANCES FAIR A/SALES Yen 345 M
PAYMENTS SLOW CAPITAL Yen 3 M
TREND UP WORTH Yen 22 M
STARTED 2002 EMPLOYES 3
TRADER SPECIALIZING IN AUTO PARTS, WELDING AMCHINERY, ETC.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company was established by
Haruo Murakami in order to make most of his experience in the subject line of
business. This is a family-based trading
firm specializing in import and export of auto body parts (aluminum, aluminum
alloy stamps, press products), welding machines, other. Goods are exported to Indonesia, Thailand,
Pakistan, other. Clients include major
auto makers.
Financials are only partially
disclosed as is the case with family-based firms.
The sales volume for Dec/2011 fiscal term amounted to Yen 345 million, a
12% up from Yen 308 million in the previous term. Car production rose. Also exports were robust. The net profit was posted at Yen 1 million,
compared with Yen 4 million a year ago.
For the current term ending Dec 2012
the net profit is projected at Yen 4 million, on a 3% rise in turnover, to Yen
360 million. Business is seen steadily
expanding.
The financial situation is considered FAIR
and good for ORDINARY business engagements.
Date Registered: Jan
2002
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 240 shares
Issued: 60 shares
Sum: Yen 3 million
Major
shareholders (%): Haruo Murakami (100)
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports, exports
and wholesales auto body parts (aluminum, aluminum alloy stamps, press
products, other), welding machines, others (--100%).
Clients: [Mfrs,
wholesalers] Toyota Motor, Honda Motor, Koito Mfg, Suzuki Motor, Denso, other. Exports to Indonesia, Thailand, Pakistan,
other
No. of accounts:
20 (Domestic)
Domestic areas of
activities: Centered in greater-Tokyo
Suppliers: [Mfrs,
wholesalers] Takuma Co, Daihen Osaka Japan, Yajima Ind Co, TBR Co, other
Payment record: Slow
Location: Business area in
Abiko City, Chiba-Pref. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References:
MUFG
(Kashiwa-Chuo)
Relations:
Satisfactory
(In Million
Yen)
|
|
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31/12/2012 |
31/12/2011 |
31/12/2010 |
31/12/2009 |
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Annual
Sales |
|
360 |
345 |
308 |
180 |
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Recur.
Profit |
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Net
Profit |
|
3 |
1 |
4 |
3 |
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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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|
22 |
21 |
17 |
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Capital,
Paid-Up |
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|
3 |
3 |
3 |
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Div.P.Share(¥) |
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|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
4.35 |
12.01 |
71.11 |
-45.45 |
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Current Ratio |
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|
.. |
.. |
.. |
|
N.Worth Ratio |
|
.. |
.. |
.. |
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N.Profit/Sales |
0.83 |
0.29 |
1.30 |
1.67 |
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Notes: Financials
are only partially disclosed.
Forecast (or
estimated) figures for the 31/12/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
|
|
1 |
Rs.86.57 |
|
Euro |
1 |
Rs.67.60 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
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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 |
|
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 |
|
<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.