MIRA INFORM REPORT

 

 

Report Date :

19.06.2012

 

IDENTIFICATION DETAILS

 

Name :

TOYODA D&C CO LTD (THIS IS TOYODA AND NOT TOYOTA)

 

 

Registered Office :

Kotobuki Bldg 3F, 1-1-3 Yaesu Chuoku Tokyo 103-0028

 

 

Country :

Japan

 

 

Financials (as on) :

30.06.2011

 

 

Date of Incorporation :

June 2004

 

 

Com. Reg. No.:

0100-01-070113 (Tokyo-Chuoku)

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Engineering works of store refurbishment, reconstruction of Toyota Group firms

 

 

No. of Employees :

11

 

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

 

TOYODA D&C CO LTD (THIS IS TOYODA AND NOT TOYOTA)

REGD NAME:    Toyoda D&C KK

MAIN OFFICE:  Kotobuki Bldg 3F, 1-1-3 Yaesu Chuoku Tokyo 103-0028JAPAN

Tel: 03-3245-0188      Fax: 03-3243-0401

 

URL:                 http://www.(under reconstruction)

 

 

ACTIVITIES

 

Engineering works of store refurbishment, reconstruction of Toyota Group firms

 

BRANCHES   

 

Nil

 

OFFICERS

 

KATSUYUKI TOYODA, PRES

Hiroyuki Toyoda, mgn dir

Tetsuya Tachibana, dir

                       

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY    

 

FINANCES        FAIR                             A/SALES          Yen 462 M

PAYMENTS      NO COMPLAINTS          CAPITAL           Yen 82 M

TREND UP                                WORTH            Yen 177 M

STARTED         2004                             EMPLOYES      11

 

COMMENT

 

ENGINEERING WORKS OF STORE REFRUBISHMENT, RECONSTRUCTION.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

                       

                       

 

HIGHLIGHTS

           

            The subject company was established by Hiroyuki Toyoda in order to make most of his experience in the subject line of business.  This is an engineering firm for reconstruction and refurbishment of Toyota Motor Group shops & factories.  Also engaged in real estate sales.  Clients are Toyota Motor Group firms.

 

 

FINANCIAL INFORMATION

           

            Financials are only partially disclosed.

 

The sales volume for Jun/2011 fiscal term amounted to Yen 462 million, a 5% up from Yen 439 million in the previous term.  The net profit was posted at Yen 32 million, compared with Yen 30 million a year ago

 

            For the current term ending Jun 2012 the net profit is projected at Yen 35 million, on a 3% rise in turnover, to Yen 475 million. 

 

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

 

 

REGISTRATION

 

Date Registered:  Jun 2004

Regd No.:         0100-01-070113 (Tokyo-Chuoku)

Legal Status:      Limited Company (Kabushiki Kaisha)

Authorized:        6,560 shares

Issued:                1,640 shares

Sum:                   Yen 82 million

Major shareholders (%): Hiroyuki Toyoda (33)

No. of shareholders: 7

 

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

 

 

OPERATION

           

Activities: Engineering works of store construction, refurbishment, relocation, other of Toyota Motor Group firms (--100%)

 

Clients: [Mfrs, wholesalers] Toyota Tokyo Corolla, Toyo Nishi-Tokyo Corolla, Netz Toyota Tokyo, Hino Motor, Shimizu Corp, Kumagai Gumi Co, other 

No. of accounts: 300

Domestic areas of activities: Nationwide

Suppliers: [Mfrs, wholesalers] Yokorei Co Ltd, Ichise Construction Ltd, Welsoc Co Ltd, Nippon Chuo Kenkyusho, More Green Co, other

 

Payment record: No Complaints

 

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

 

Bank References:

MUFG (Shinjuku-Shintoshin)

Bank of Yokohama (Musashi-Kosugi)

Relations: Satisfactory

 

 

FINANCES

(In Million Yen)

 

　

　

30/06/2012

30/06/2011

30/06/2010

30/06/2009

Annual Sales

　

475

462

439

420

Recur. Profit

　

　

　

　

　

Net Profit

　

35

32

30

30

Total Assets

　

　

323

N/A

N/A

Net Worth

　

　

177

145

115

Capital, Paid-Up

　

　

82

82

82

Div.P.Share(¥)

　

　

0.00

0.00

0.00

<Analytical Data>

(%)

(%)

(%)

(%)

    S.Growth Rate

2.81

5.24

4.52

13.51

    Current Ratio

 

 

..

..

..

    N.Worth Ratio

 

54.80

..

..

    N.Profit/Sales

7.37

6.93

6.83

7.14

 

Notes: Financials are only partially disclosed.

Forecast (or estimated) figures for the 30/06/2012 fiscal term.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.59

UK Pound

1

Rs.87.34

Euro

1

Rs.70.66

 

 

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%)

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.