|
Report Date : |
11.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
SANKO MACHINERY CO LTD |
|
|
|
|
Registered Office : |
1-5-5 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.07.2011 |
|
|
|
|
Year of Establishment : |
August 1970 |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Manufacturer of automatic packaging machines |
|
|
|
|
No. of Employees : |
115 |
RATING & COMMENTS
|
MIRAs 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 : |
Regular |
|
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SANKO MACHINERY CO LTD
REGD NAME: Sanko
Kikai KK
MAIN OFFICE: 1-5-5
Tel:
042-772-1521 Fax: 042-774-4104
URL: http//:www.sanko-kikai.co.jp
E-mail: (thru the URL)
Mfg of automatic
packaging machines
At the caption
address,
MITSUO IMAMURA, CH
& PRES
Shoichi Yaguchi,
mgn dir Kenichi Matsuki, dir
Naoki Kawami, dir Tadao Koguchi, dir
Yen Amount: In million Yen, unless otherwise stated
FINANCES FAIR A/SALES Yen 4,100 M
PAYMENTS REGULAR CAPITAL Yen 50 M
TREND UP WORTH Yen 1,603 M
STARTED 1970 EMPLOYES 115
MFR OF AUTOMATIC
PACKAGING MACHINES.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS
The subject company was established
by Mitsuo Imamura, ch at the firm, in order to make most of his experience in
the subject line of business. In Nov
2011 Mitsuo Imamura returned as ch and pres.
This is a specialized mfr of automatic packaging machines, metal
detector, weight checkers, electronic meters, other related products. Has two overseas factories in
Financials are only partially
disclosed.
The sales volume for Jul/2011 fiscal term amounted to Yen 4,100 million,
a 30% up from Yen 3,140 million in the previous term. Exports increased by highly efficient
operations in Thailand. The net profit
was posted at Yen 199 million, compared with Yen 49 million a year ago.
For the current term ending July 2012 the
net profit is projected at Yen 200 million, on a 5% rise in turnover, to Yen
4,300 million. Business is seen
expanding steadily.
The financial situation is
considered FAIR and good for ORDINARY business engagements.
Date Registered: Aug
1970
Legal Status: Limited Company
(Kabushiki Kaisha)
Authorized: 400,000 shares
Issued: 100,000 shares
Sum: Yen 50 million
Major shareholders (%): Mitsuo Imamura
(35),Santecs KK* (20), Employees S/Holding
Assn (15), Minako
Yokohara (4)
*.. Holding
company
No. of shareholders: 15
Nothing detrimental
is known as to the commercial morality of executives.
Activities: Manufactures
packaging machinery: automatic packaging machines, metal detectors, weight
checkers, electronic automatic meters, Auger type filling machines and peripheral
equipment (--100%)
Goods are exported to: USA, S/E Asia, Korea,
Oceania, USA, Italy, other.
(Sales Network): Packaging Pte Ltd
(Singapore), ACOUVE KOREA Co Ltd (Korea),
Joseph Lee & Co Pte Ltd (Australia),
Technical Help in Engineering & Marketing, a division of Universal
Synergetic Inc (USA), Boato Pack (Italy9
Clients: [Mfrs,
wholesalers] Marukome Co, Ajinihon Co, Unifood Co, Toyo Suisan Kaisha,
Asahimatsu Foods, Shoda Shouyu Co, Nagatanien Co, Dainippon Printing,
Hanamaruki Foods, Shoda Foods, other
No. of accounts:
500
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Suzuden Corp, Shintani Co, Chuo Musen Denki Corp, Miki Pully Co,
Toho Electronics Inc, Tohei-Ei Inc, other.
Imports from Thailand factories.
Payment record: Regular
Location: Business area in
Sagamihara City, Kanagawa-Pref. Office
premises at the caption address are owned and maintained satisfactorily.
Bank References:
Mizuho Bank
(Hachioji)
Bank of Yokohama
(Hashimoto)
Relations:
Satisfactory
(In Million Yen)
|
|
|
31/07/2012 |
31/07/2011 |
31/07/2010 |
31/07/2009 |
|
Annual
Sales |
|
4,300 |
4,100 |
3,140 |
3,420 |
|
Recur.
Profit |
|
|
|
|
|
|
Net
Profit |
|
200 |
199 |
49 |
87 |
|
Total
Assets |
|
|
N/A |
N/A |
N/A |
|
Net
Worth |
|
|
1,603 |
1,564 |
1,415 |
|
Capital,
Paid-Up |
|
|
50 |
40 |
50 |
|
Div.P.Share(₯) |
|
|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
|
|
S.Growth Rate |
4.88 |
30.57 |
-8.19 |
-11.35 |
|
|
Current Ratio |
|
|
.. |
.. |
.. |
|
N.Worth Ratio |
|
.. |
.. |
.. |
|
|
N.Profit/Sales |
4.65 |
4.85 |
1.56 |
2.54 |
|
Notes: Financials
are only partially disclosed.
Forecast (or estimated)
figures for the 31/07/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.36 |
|
|
1 |
Rs.85.64 |
|
Euro |
1 |
Rs.69.21 |
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 SCs 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.