MIRA INFORM REPORT

 

 

Report Date :

02.06.2012

 

IDENTIFICATION DETAILS

 

Name :

BOZO RESEARCH CENTER INC

 

 

Registered Office :

36-7 Oyamacho Shibuyaku Tokyo 151-0065

 

 

Country :

Japan

 

 

Financials (as on) :

31.08.2011

 

 

Date of Incorporation :

February  1972

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Consigned mfg of pharmaceuticals, reagents, food additives, cosmetics

 

 

No. of Employees :

460

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

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 – 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 and address

 

BOZO RESEARCH CENTER INC

REGD NAME:    KK Bozo Research Center

MAIN OFFICE:  36-7 Oyamacho Shibuyaku Tokyo 151-0065 JAPAN

    Tel: 03-5453-8101      Fax: 03-5453-8109

                                               

URL:                 http://www.bozo.co.jp

E-Mail address: info@bozo.co.jp

 

 

ACTIVITIES

 

Consigned mfg of pharmaceuticals, reagents, food additives, cosmetics

 

BRANCHES

 

Osaka, Shin-Osaka, Shizuoka, Hakodate

 

FACTORIES  

 

Osaka, Shin-Osaka (subcontracted)

 

 

OFFICERS

 

KUMI YAMAUCHI, PRES           Hiroshi Yamauchi, v pres

Naomi Yamauchi, dir                  Miho Yoshikawa, dir

Keiichiro Yoshikawa, dir                                                

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        FAIR                             A/SALES          Yen 5,400 M

    PAYMENTS  NO COMPLAINTS          CAPITAL           Yen 97 M

TREND SLOW                          WORTH            Yen 97 M

STARTED         1972                             EMPLOYES      460

 

COMMENT

 

CONSIGNED MFR OF PHARMACEUTICALS.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

                       

 

HIGHLIGHTS

           

            The subject company was established by Kumi Yamauchi, a graduate of medical college, in order to make most of her experience in the subject line of business.  This is a consigned mfr of pharmaceuticals, reagents, food additives, cosmetics, agrochemicals, other.  Clients include major pharmaceutical makers, wholesalers, other.

 

 

FINANCIAL INFORMATION

           

            The sales volume for Aug/2011 fiscal term amounted to Yen 5,400 million, an 11% down from Yen 6,065 million in the previous term.  The recurring profit was posted at Yen 212 million and the net profit at Yen 104 million, respectively, compared with Yen 271 million recurring profit and Yen 208 million net profit, respectively, a year ago.

 

            For the current term ending Aug 2012 the recurring profit is projected at Yen 220 million and the net profit at yen 110 million, respectively, on a 3% rise in turnover, to Yen 5,550 million. 

 

The financial situation is considered FAIR and good for ORDINARY business engagements. 

 

 

REGISTRATION

 

Date Registered:  Feb 1972

Legal Status:      Limited Company (Kabushiki Kaisha)

Authorized:         780,000 shares

Issued:                195,000 shares

Sum:                   Yen 97.5 million

Major shareholders (%): Kumi Yamauchi (51), Falma Inc (12), Hiroshi Yamauchi (10)

No. of shareholders: 7

 

Nothing detrimental is known as to the commercial morality of executives.

 

 

OPERATION

 

Activities: Consigned mfr of pharmaceuticals, reagents, cosmetics, food additives, agrochemicals, other (--100%)

 

Clients: [Mfrs, wholesalers] Astellas Pharmaceuticals, Takeda Pharmaceutical Co, Hisamitsu Pharmaceutical Co, Shionogi Pharmaceutical, Daiichi Sankyo Co Group, other

No. of accounts: 300

Domestic areas of activities: Nationwide

Suppliers: [Mfrs, wholesalers] Falma Co, Oriental Yeast Co, Japan Laboratory Animals Inc, Charles River Laboratories Japan, Clea Japan Inc, Mediceo Corp, other

 

Payment record: No Complaints

 

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

 

Bank References:

Resona Bank (Shibuya)

MUFG (H/O)

Relations: Satisfactory

 

 

FINANCES

(In Million Yen)

 

       Terms Ending:

31/08/2012

31/08/2011

31/08/2010

31/08/2009

Annual Sales

 

5,550

5,400

6,065

7,327

Recur. Profit

 

220

212

271

547

Net Profit

 

110

104

208

324

Total Assets

 

 

11,028

10,060

10,789

Current Assets

 

 

7,576

6,664

7,327

Current Liabs

 

 

6,128

5,306

6,078

Net Worth

 

 

1,989

1,905

1,731

Capital, Paid-Up

 

 

97

97

97

Div.P.Share(₯)

 

 

0.00

0.00

0.00

<Analytical Data>

(%)

(%)

(%)

(%)

    S.Growth Rate

2.78

-10.96

-17.22

4.39

    Current Ratio

 

..

123.63

125.59

120.55

    N.Worth Ratio

..

18.04

18.94

16.04

    R.Profit/Sales

 

3.96

3.93

4.47

7.47

    N.Profit/Sales

1.98

1.93

3.43

4.42

    Return On Equity

..

5.23

10.92

18.72

 

Notes: Forecast (or estimated) figures for the 31/08/2012 fiscal term.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.92

UK Pound

1

Rs.86.03

Euro

1

Rs.69.13

 

 

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

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.