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Report Date : |
27.06.2012 |
IDENTIFICATION DETAILS
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Name : |
TOKYO SANGYO
YOSHI CO LTD |
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Registered Office : |
JP Bldg 8F, 3-4-4 Nihombashi-Muromachi Chuoku |
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Country : |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
Jul 1954 |
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Legal Form : |
Limited
Company (Kabushiki Kaisha) |
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Line of Business : |
Wholesale
of Dielectric Materials for condensers, other |
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No. of Employees : |
56 |
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) |
|
Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
TOKYO SANGYO YOSHI CO LTD
REGD NAME: Tokyo
Sangyo Yoshi KK
MAIN OFFICE: JP
Bldg 8F, 3-4-4 Nihombashi-Muromachi Chuoku
Tel:
03-3270-0431 Fax: 03-3216-1759
URL: http://www.tsy.co.jp
E-Mail
address: (thru the URL)
Wholesale
of Dielectric Materials for condensers, other
Yokohama
India
MASAYA
KONDO, PRES Takashi
Mizuno, dir
Yuji
Nagaatsu, dir Kimiyuki
Hayashi, dir
Hidehiko
Maejima, dir
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR A/SALES Yen 20,107 M
PAYMENTS REGULAR CAPITAL Yen 54 M
TREND UP WORTH Yen 4,243 M
STARTED 1954 EMPLOYES 56
WHOLESALER SPECIALIZING INDIELECTRIC MATERIALS FOR
CAPACITORS.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject
company was established on the basis of a division separated from Japan Pulp
& Paper Co Ltd (See REGISTRATION). This is a trading firm for wholesaling
Dielectric materials for capacitors (See OPERATION). Clients include electronic makers, pup &
paper industries, other.
The sales
volume for Mar/2011 fiscal term amounted to Yen 20,107 million, a 16% up from
Yen 17,262 million in the previous term.
The net profit was posted at Yen 309 million, compared with Yen 161
million a year ago
For the
current term that ended Mar 2012 the net profit was projected at Yen 310
million, on a 3% rise in turnover, to Yen 20,700 million.. Final results are yet to be released.
The
financial situation is considered FAIR and good for ORDINARY business
engagements. Max credit limit is
estimated at Yen 529.4 million, on 30 days normal terms.
Date Registered: Jul 1954
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
288,000 shares
Issued:
72,000 shares
Sum: Yen 54 million
Major shareholders (%): Japan Pulp & Paper Ltd*
(50), Oji Specialty Paper (50)
No. of shareholders: 2
*..
Comprehensive paper distributor, Tokyo, founded 1916, listed Tokyo S/E, capital
Yen
16,649 million, sales Yen
510,923 million, operating profit Yen 5,416 million, recurring profit Yen 5,465
million, net profit Yen 2,867 million, total assets Yen 282,899 million, net
worth Yen 68,573 million, employees 2,978, pres Kenzo Noguchi
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Wholesales dielectric materials for
capacitors, other (--100%)
(Handling items): capacitor paper & films, metalized
film, separators for electrolytic capacitors, micro porous film, non flammable
papers, comb core, release paper & films, printing paper, white paper
board, liquid crystal polymer, metal foils, measuring apparatus, other
Clients: [Mfrs, wholesalers] Nippon Chemicon
Corp, Hitachi AIC, Toshiba Corp, Nippon AE Power Systems, other
No. of
accounts: 300
Domestic
areas of activities: Nationwide
Suppliers: [Mfrs, wholesalers] Oji Specialty
Paper, Japan Pulp & paper, Mitsubishi Polymer, Teijin DuPont Film, other
Payment record: Regular
Location:
Business area in Tokyo. Office premises at
the caption address are leased and maintained satisfactorily.
Bank References:
MUFG
(Muromachi)
Mizuho
(Nihombashi)
Relations:
Satisfactory
(In Million Yen)
|
Terms Ending: |
31/03/2012 |
31/03/2011 |
31/03/2010 |
31/03/2009 |
|
|
Annual
Sales |
|
20,700 |
20,107 |
17,262 |
16,422 |
|
Recur.
Profit |
|
|
|
311 |
264 |
|
Net
Profit |
|
310 |
309 |
161 |
101 |
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Total
Assets |
|
|
9,678 |
8,297 |
5,926 |
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Current
Assets |
|
|
4,066 |
3,112 |
3,245 |
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Current
Liabs |
|
|
5,508 |
5,018 |
2,221 |
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Net
Worth |
|
|
4,243 |
3,925 |
2,620 |
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Capital,
Paid-Up |
|
|
54 |
54 |
54 |
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Div.P.Share(¥) |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
2.95 |
16.48 |
5.12 |
-20.59 |
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Current Ratio |
|
.. |
73.82 |
62.02 |
146.11 |
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N.Worth Ratio |
.. |
43.84 |
47.31 |
44.21 |
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R.Profit/Sales |
|
.. |
.. |
1.80 |
1.61 |
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N.Profit/Sales |
1.50 |
1.54 |
0.93 |
0.62 |
|
|
Return On Equity |
.. |
7.28 |
4.10 |
3.85 |
|
Notes:
Forecast (or estimated) figures for the 31/03/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.91 |
|
|
1 |
Rs.88.90 |
|
Euro |
1 |
Rs.56.91 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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 |
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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 |
|
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 |
|
-- |
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.