|
Report Date : |
10.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
TOKIBO CO LTD |
|
|
|
|
Registered Office : |
2-3-4 Higashi-Azabu Minatoku Tokyo 106-0044 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
June 1955 |
|
|
|
|
Com. Reg. No.: |
0104-01-019108 (Tokyo-Minatoku) |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Import, wholesale of medical equipment/devices/facilities |
|
|
|
|
No. of Employees : |
250 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
Yen 196.0 Million |
|
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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Japan |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
TOKIBO CO LTD
REGD NAME: KK
Tokibo
MAIN OFFICE: 2-3-4
Higashi-Azabu Minatoku Tokyo 106-0044 JAPAN
Tel: 03-3586-1421 Fax: 03-3586-3509
*.. The given address is
its Logistic Center
E-Mail address: (thru the URL)
Import, wholesale
of medical equipment/devices/facilities
Sapporo, Sendai,
Nagoya, Osaka, Fukaya
Hong Kong, USA
(2), Switzerland
YASUHIKO SATA,
PRES
Yen Amount: In million Yen, unless otherwise stated
FINANCES FAIR A/SALES Yen 8,150 M
PAYMENTS NO COMPLAINTS CAPITAL Yen
91 M
TREND SLOW WORTH Yen 1,491 M
STARTED 1955 EMPLOYES 250
IMPORTER OF MEDICAL DEVICES.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT:
YEN 196.0 MILLION, 30 DAYS NORMAL TERMS
The subject company was established
by Yasuhisa Sata in order to make most of his experience in the subject line of
business. Started importing medical devices
from Europe. Yasuhiko is his
grandson. This is a trading firm for
import and wholesale of medical devices, hospital facilities, other (See OPERATION). Imports the goods from Europe, USA,
other. Clients include public &
private medical institutions, university hospitals, other.
Financial are only partially
disclosed.
The sales volume for Dec//2011 fiscal term amounted to Yen 8,150
million, a similar amount in the previous term.
Import volumes increased but earnings declined in Yen terms due to the
high Yen. The net profit was posted at
Yen 200 million, compared with Yen 197 million a year ago.
For the term that ended Dec 2011 the
net profit was projected at Yen 210 million, on a 3% rise in turnover, to Yen
8,400 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 196.0 million, on 30 days normal
terms.
Date Registered: Jun
1955
Regd No.:
0104-01-019108 (Tokyo-Minatoku)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 730,000 shares
Issued: 183,600 shares
Sum: Yen 91.8 million
Major
shareholders (%): Yasuhiko Sata, Sata Corp*, and families (--100)
*.. Holding company owned by the Sata family
No. of shareholders: 5
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports and
wholesales medical devices: critical care, home care, hospital facilities,
surgery/neurosurgery, obstetrics/gynecology, orthopedics/spine, other (--100%).
Clients: [Hospitals,
medical institutions] Miyano Medical Instruments, Yagami & Co, Scroll Corp,
Konishi Medical Instruments, Masuda Medical Instruments, other
No. of accounts:
300
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Imports from Europe, USA, other thru Sata Corp
Payment record: No Complaints
Location: Business area in
Tokyo. Office premises at the caption
address are owned and maintained satisfactorily.
Bank References: SMBC
(Hong Kong)
MUFG (Roppongi)
Relations: Satisfactory
(In Million Yen)
|
Terms Ending: |
|
31/12/2011 |
31/12/2010 |
31/12/2009 |
31/12/2008 |
|
Annual
Sales |
|
8,400 |
8,150 |
8,150 |
8,100 |
|
Recur.
Profit |
|
|
|
|
|
|
Net
Profit |
|
210 |
200 |
197 |
220 |
|
Total
Assets |
|
|
N/A |
N/A |
N/A |
|
Net
Worth |
|
|
1,491 |
1,291 |
1,094 |
|
Capital,
Paid-Up |
|
|
91 |
91 |
91 |
|
Div.P.Share(₯) |
|
|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
|
|
S.Growth Rate |
3.07 |
0.00 |
0.62 |
-0.61 |
|
|
Current Ratio |
|
|
.. |
.. |
.. |
|
N.Worth Ratio |
|
.. |
.. |
.. |
|
|
N.Profit/Sales |
2.50 |
2.45 |
2.42 |
2.72 |
|
Notes: Financials
are only partially disclosed.
Forecast (or
estimated) figures for the 31/12/2011 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.02 |
|
|
1 |
Rs.79.01 |
|
Euro |
1 |
Rs.66.18 |
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.