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Report Date : |
02.06.2012 |
IDENTIFICATION DETAILS
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Name : |
U-MED INDUSTRIAL INC |
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Registered Office : |
Yamamoto Bldg,
3-39-9 Hongo Bunkyoku |
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Country : |
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Financials (as on) : |
30.04.2011 |
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Date of Incorporation : |
January 1983 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, wholesale of medical apparatus |
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No. of Employees : |
2 |
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 : |
-- |
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) |
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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 |
U-MED INDUSTRIAL INC
REGD NAME: U-Med
Boeki KK
MAIN OFFICE: Yamamoto
Bldg, 3-39-9 Hongo Bunkyoku
Tel:
03-3815-4853 Fax: 03-3815-4872
URL: http://www.adoscope.co.jp
E-Mail address: info@adoscope.co.jp
Import, wholesale
of medical apparatus
Nil
SOTOJI UMEZAWA,
PRES
Yen Amount: In million Yen, unless otherwise stated
FINANCES R/WEAK A/SALES Yen 122 M
PAYMENTS SLOW CAPITAL Yen 10 M
TREND SLOW WORTH Yen 47 M
STARTED 1983 EMPLOYES 2
IMPORTER OF ADOSCOPE.
FINANCIAL SITUATION CONSIDERED RATHER WEAK
BUT SHOULD BE GOOD FAIR AND GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
The subject company was established by Sotoji Umezawa in order to make
most of his ex-perience in the subject line of business. This is a trading firm specializing in import
and wholesale of medical apparatus; stethoscope centrally, as agent dealer for
American Diagnostic Corp, USA. Clients
are hospitals, medical institutes, laboratories, etc.
Financials are only partially
disclosed.
The sales volume for Apr/2011 fiscal
term amounted to Yen 122 million, a 2% down from Yen 124 million in the
previous term. The net profit was posted
at Yen 2 million, similarly a year ago.
For the term that ended Apr 2012 the net
profit was projected at Yen 2 million, on a 2% rise in turnover, to Yen 125
million. Final results are yet to be released.
The financial situation is considered
maintained FAIR and good for ORDINARY business engagements.
Date Registered: Jan
1983
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 80,000 shares
Issued:
20,000 shares
Sum: Yen 10 million
Major shareholders (%): Sotoji Umezawa
(100)
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports and wholesales stethoscope,
blood-pressure gauge, injection devices,
sterilizing
apparatus, oxygen breathing apparatus, anesthesia, nasal speculum, aural
speculum, exploring
needle, dental mirror, tone depressor, other medical apparatus (--100%).
Clients: [Hospitals, laboratories] Kobayashi Shoji,
other
No. of accounts:
300
Domestic areas of
activities: Centered in greater-Tokyo
Suppliers: [Mfrs, wholesalers] Imports from American
Diagnostic Corp (USA) as import agent, also from Europe, Taiwan, USA, other.
Domestically
supplied from Wako, Kenzmedico Co, other.
Payment record: Slow
Location: Business area in
Tokyo. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References:
Resona Bank
(Hongo)
Relations:
Satisfactory
(In Million Yen)
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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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125 |
122 |
124 |
125 |
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Recur.
Profit |
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Net
Profit |
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2 |
2 |
2 |
2 |
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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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47 |
45 |
43 |
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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 |
2.46 |
-1.61 |
-0.80 |
-3.85 |
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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 |
1.60 |
1.64 |
1.61 |
1.60 |
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Note: Financials
are only partially disclosed.
Forecast (or
estimated) for the 30/04/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.92 |
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|
1 |
Rs.86.03 |
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Euro |
1 |
Rs.69.13 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
-- |
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.