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Report Date : |
20.06.2012 |
IDENTIFICATION DETAILS
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Name : |
GLOBAL PRODUCT PLANNING CO LTD |
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Registered Office : |
12-8 Nampeidai
Shibuyaku |
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Country : |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
June
1993 |
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Com. Reg. No.: |
0110-01-043924
(Tokyo-Shibuyaku) |
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Legal Form : |
Limited Company |
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Line of Business : |
Import, wholesale of incense, candles, soaps, cosmetics |
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No. of Employees : |
72 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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 |
GLOBAL PRODUCT PLANNING CO LTD
KK Global Product Planning
12-8 Nampeidai
Shibuyaku Tokyo 150-0036 JAPAN*
Tel:
03-3770-6100 Fax: 03-3770-6139
URL: http://www.global-pp.com/
E-Mail address: info-wel@global-pp.com
Import,
wholesale of incense, candles, soaps, cosmetics
Tokyo
(distribution center)
At the
caption address
Sakura
(Chiba) (subsidiary processing & logistic center)
KEIICHI
SASAKI, PRES
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR A/SALES Yen 2,245 M
PAYMENTS REGULAR CAPITAL Yen 10 M
TREND STEADY WORTH Yen 2,457 M
STARTED 1993 EMPLOYES 72
TRADING HOUSE SPECIALIZING IN NATURAL INCENSES &
COSMETICS. FINANCIAL SITUATION
CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company was established by Keiichi Sasaki in order to make
most of his experience in foreign trading.
This is a trading house for import and wholesale of incense, candles,
soaps, other toiletries, household table & kitchen utensils, fragrances,
other. Goods are essentially natural or
organic-based products, and eco—friendly, such as aroma candles made from 100%
palm oil, olive oil-based soaps, etc.
Goods are mostly imported from France, Italy centrally, other EU
countries, China, Taiwan, other. Goods
are also exported to France, Hong Kong, Taiwan, Korea, other. Partially processed, packed and sorted at own
yard. Clients include major clothing,
cosmetic and household goods chain stores centering in greater-Tokyo.
The sales volume for Mar/2011 fiscal term amounted to Yen 2,245 million,
a 23% up from Yen 1,821 million in the previous term. Products were much in demand from
health-conscious markets. Exports also
rose. The recurring profit was posted at
Yen 451 million and the net profit at Yen 266 million, respectively, compared
with Yen 253 million net profit a year ago.
For the term that ended Mar 2012 the recurring profit was projected at
Yen 460 million and the net profit at Yen 270 million, respectively, on a 5%
rise in turnover, to Yen 2,350 million.
Final results are yet to be released.
The financial situation is considered FAIR and good for ORDINARY
business engagements.
Date Registered: Jun 1993
Regd No.: 0110-01-043924 (Tokyo-Shibuyaku)
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
800 shares
Issued: 200 shares
Sum: Yen 10
million
Major shareholders (%):
Keiichi Sasaki (100)
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports and
wholesales naturally processed, eco-friendly goods: incenses (40%), candles
(35%), tableware, paper napkins, kitchen ware, interior decorative items
(--15%), soaps, detergent, other toiletries (--10%).
Clients: [Clothing chains,
cosmetic chains, other chain stores] Sazaby, Cox Co, Zakkaya Bulldog Co, ICL
Corp, Blue Grass, House of Rose, other
Exports to France, Hong Kong, Taiwan, Korea, other
No. of accounts: 500
Domestic areas of
activities: Centered in greater-Tokyo
Suppliers: [Mfrs,
wholesalers] Imports from France, USA, Australia, Germany, Italy, Hong Kong,
Taiwan, other.
Payment record:
Regular
Location:
Business area in Tokyo. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References:
MUFG (Karasuyama)
Mizuho Bank (Kichijoji)
Relations: Satisfactory
(In Million Yen)
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31/03/2012 |
31/03/2011 |
31/03/2010 |
31/03/2009 |
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Annual
Sales |
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2,350 |
2,245 |
1,821 |
1,877 |
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Recur.
Profit |
|
460 |
451 |
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Net
Profit |
|
270 |
266 |
253 |
252 |
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Total
Assets |
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3,493 |
N/A |
N/A |
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Net
Worth |
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2,457 |
2,191 |
1,938 |
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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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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
4.68 |
23.28 |
-2.98 |
-1.21 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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70.34 |
.. |
.. |
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N.Profit/Sales |
11.49 |
11.85 |
13.89 |
13.43 |
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Notes: Financials are only partially disclosed
except for the 31/03/2011 fiscal term as above.
Net Worth figures for other terms are only
estimated.
Forecast (or estimated) figures for the 31/03/2012
fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.01 |
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UK Pound |
1 |
Rs.87.85 |
|
Euro |
1 |
Rs.70.54 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.