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Report Date : |
18.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
YUPITERU CORPORATION |
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Registered Office : |
4-12-33 Shibaura Minatoku |
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Country : |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
October 1970 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Manufacturer of GPS, radar detectors, etc. |
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No. of Employees : |
225 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
YUPITERU CORPORATION
REGD NAME: KK
Yupiteru
MAIN OFFICE: 4-12-33
Shibaura Minatoku
Tel:
03-3769-2500 Fax: 03-3455-3751
URL: http//:www.yupiteru.co.jp
E-mail: info@yupiteru.co.jp
Mfg of GPS, radar
detectors, other
NORIHIRO ANRAKU,
PRES
Hisao Ono, s/mgn
dir
Sadayoshi Endo, dir
Yen Amount: In million Yen, unless otherwise stated
FINANCES FAIR A/SALES Yen 8,460 M
PAYMENTS NO COMPLAINTS CAPITAL Yen 385
M
TREND SLOW WORTH Yen 2,431 M
STARTED 1970 EMPLOYES 225
MFR OF GPS &
WIRELESS RADIO SYSTEMS
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS
The subject company was established
by Norihiko Anraku in order to make most of his experience in the subject line
of business. Specializes in mfg GPS:
wireless radio systems, radar detector, other (See OPERATION). Clients are car
parts & accessories dealers nationwide.
The sales volume for Mar/2011 fiscal
term amounted to Yen 8,460 million, a 12% down from Yen 9,660 million in the
previous term. The recurring profit was
posted at Yen 44 million and the net loss at Yen 205 million, respectively,
compared with Yen 346 million recurring profit and Yen 265 million net profit,
respectively, a year ago. Higher costs
of materials ate into profit, says the firm.
.
For the term that ended Mar 2012 the recurring
profit was projected at Yen 200 million and the net profit at Yen 150 million
respectively, on a 3% rise in turnover, to Yen 8,700 million. Final results are yet to be released.
The financial situation is
considered FAIR and good for ORDINARY business engagements.
Date Registered: Oct
1970
Legal Status: Limited Company
(Kabushiki Kaisha)
Authorized: 285,000 shares
Issued: 285,000 shares
Sum: Yen 385 million
Major
shareholders (%): Norihiko Anraku (30), Hisao Ono (13), Satoru Nakanishi (5), Tadahiro
Kanazawa (5)
No. of shareholders: 21
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Manufactures
wireless radio systems, GPS, radar detectors, other (--100%)
(Mfg
items): radar detectors, portable navigation device, engine starter (answer-back
type, one-way type), auto key-less systems, transceiver, scanner, cordless
interphone, multi-band receiver, golf-head speed tester, DC/AC inverter,
tel-control engine starter, micro wave sensors, wireless circuit module,
earthquake prediction information systems, other
Clients: [Car accessory
dealers, wholesalers] Autoback Seven (20%), Yellow Hut, Empire Motors, DX
Antenna, Denso Corp, Tacti Corp, Auto RS, Faltec Co, Okada Corp, Chuhatsu
Hambai, other
No. of accounts:
500
Domestic areas of
activities: Nationwide
Suppliers:
[Mfrs, wholesalers] Mitachi Co, Ito Electronics (20, Kaga Electronics, Toyo
Kizai,
Kanda Electronics
nyuu
Co, Faltec Co, Taiho Denshi Co, other.
Payment record: No Complaints
Location: Business area in
Bank References:
SMBC (Mitadori)
Mizuho Bank
(Shiba)
Relations:
Satisfactory
(In Million Yen)
|
Terms Ending: |
31/03/2012 |
31/03/2011 |
31/03/2010 |
31/03/2009 |
|
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Annual
Sales |
|
8,700 |
8,460 |
9,660 |
10,898 |
|
Recur.
Profit |
|
200 |
44 |
346 |
-431 |
|
Net
Profit |
|
150 |
-205 |
265 |
-490 |
|
Total
Assets |
|
|
4,832 |
5,303 |
5,533 |
|
Current
Assets |
|
|
3,489 |
3,624 |
3,699 |
|
Current
Liabs |
|
|
1,107 |
1,556 |
1,522 |
|
Net
Worth |
|
|
2,431 |
2,639 |
2,373 |
|
Capital,
Paid-Up |
|
|
385 |
385 |
385 |
|
Div.P.Share(₯) |
|
|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
|
|
S.Growth Rate |
2.84 |
-12.42 |
-11.36 |
0.75 |
|
|
Current Ratio |
|
.. |
315.18 |
232.90 |
243.04 |
|
N.Worth Ratio |
.. |
50.31 |
49.76 |
42.89 |
|
|
R.Profit/Sales |
|
2.30 |
0.52 |
3.58 |
-3.95 |
|
N.Profit/Sales |
1.72 |
-2.42 |
2.74 |
-4.50 |
|
|
Return On Equity |
.. |
-8.43 |
10.04 |
-20.65 |
|
Notes: Forecast (or
estimated) figures for the 31/03/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.76 |
|
|
1 |
Rs.86.69 |
|
Euro |
1 |
Rs.70.44 |
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.