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Report Date : |
03.05.2012 |
IDENTIFICATION DETAILS
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Name : |
TOMOSADA KENKI CORPORATION |
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Registered Office : |
2-3-22 Higashi-Kobashi Higashinariku Osaka |
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Country : |
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Financials (as on) : |
30.06.2011 |
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Date of Incorporation : |
July
1965 |
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Com. Reg. No.: |
1200-01-013123
(Osaka-Higashinariku) |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturer of construction machines & tools |
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No. of Employees : |
35 |
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 : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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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
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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 |
TOMOSADA KENKI CORPORATION
KK Tomosada Kenki
3-4-20 Takaidanaka
Higashi Osaka Osaka-Pref 577-0065 JAPAN
Tel:
06-6784-6571 Fax: 06-6784-6549
*.. Registered at: 2-3-22 Higashi-Kobashi Higashinariku Osaka
URL: http://www.tomosada.co.jp
E-Mail address: Osaka@tomosada.co.jp
Mfg of construction machines & tools
Tokyo,
Fukuoka
Takaida
(2)
Kozo
Tomosada, ch TATSUJIRO
TOMOSADA, PRES
Yoshiki
Tomosada, s/mgn dir Shinji Maeda, mgn
dir
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES FAIR A/SALES Yen 859 M
PAYMENTS REGULAR CAPITAL Yen 45 M
TREND SLOW WORTH Yen 322 M
STARTED 1965 EMPLOYES 35
MFR OF CONSTRUCTION MACHINES & TOOLS.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
The subject company was established by Seishiro Tomosada in order to make
most of his experience in the subject line of business. This is a family-based company, owned and
operated by the Tomosada family, specializing in mfg construction machines
& tools (See OPERATION). Goods are exported. Clients include construction companies,
rental firms, other.
The sales volume for Jun/2011 fiscal term amounted to Yen 859 million, a
1.4% up from Yen 847 million in the previous term. The recurring profit was posted at Yen 15
million and the net profit at Yen 14 million, respectively, compared with Yen 1
million recurring profit and Yen 1 million net profit, respectively, a year
ago.
For the current term ending Jun 2012 the recurring profit is projected at
Yen 20 million and the net profit at Yen 15 million, respectively, on a 5% rise
in turnover, to Yen 900 million.
Business is seen expanding steadily.
The financial situation is considered FAIR and good for ORDINARY
business engagements.
Date Registered: Jul 1965
Regd No.: 1200-01-013123 (Osaka-Higashinariku)
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
360,000 shares
Issued:
90,000 shares
Sum: Yen 45 million
Major shareholders (%): Kozo Tomosada (23), Tatsujiro
Tomosada (19), Yoshiki Tomosada (13), Taneko Tomosada (10)
No. of shareholders: 11
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Manufactures
construction machines & tools (--100%)
(Mfg & Handing
Items):
Pumping: squeeze pump,
snake pump, hopper, spray guns, automatic mixer;
Grouting: hand-operating
diaphragm, pump, foot injector, inverter pump, squeeze pump, material hopper,
grout mixer;
Tube Pump: for high
consistency, material, sludge materials, slurry materials, solid materials,
other materials;
Mixing: general mixers,
imported mixers, transformer, sand-scaling machine, cement silo, mixer rack,
material rack;
Surface
Preparation/Finishing: “Tremix” vacuum pump systems, grinder, polisher,
trowel machine, cutters, razor system, screed rake, leveling tool, mask;
Filling: foot injector,
sealing pump, chemical pump, handy mortar gun, handy injection gun, grout pump;
Plant/Systems: planning,
designing, execution, special order, mfg,
Others: job\cut series,
razor line, injection guns, PC Cox series, truck roof tarpaulins, other
Clients: [Mfrs,
wholesalers] Takaboshi Co, Kanemitsu Corp, Toyo Metal Works, Nikken Corp, AKTIO
Corp, Trusco Nakayama Corp, Yuasa Trading Co, other
No. of accounts: 300
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Tokai Kikai Seizo Co, Izumi Giken Co, Nagano Corp, Kyokuto Rubber
Co, other
Payment record: Regular
Location: Business area in
Higashi-Osaka. Office premises at the
caption address are owned and maintained satisfactorily.
Bank References:
SMBC
(Imazato)
MUFG
(Tsuruhashi)
Relations:
Satisfactory
(In Million Yen)
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Terms Ending: |
30/06/2012 |
30/06/2011 |
30/06/2010 |
30/09/2009 |
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Annual
Sales |
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900 |
859 |
847 |
1,002 |
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Recur.
Profit |
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20 |
15 |
1 |
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Net
Profit |
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15 |
14 |
1 |
-234 |
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Total
Assets |
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1,146 |
1,153 |
1,181 |
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Current
Assets |
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569 |
550 |
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Current
Liabs |
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149 |
126 |
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Net
Worth |
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322 |
307 |
306 |
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Capital,
Paid-Up |
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45 |
45 |
45 |
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Div.P.Share(¥) |
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0.00 |
0.00 |
0.00 |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
4.77 |
1.42 |
-15.47 |
-20.41 |
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Current Ratio |
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.. |
381.88 |
436.51 |
.. |
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N.Worth Ratio |
.. |
28.10 |
26.63 |
25.91 |
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R.Profit/Sales |
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2.22 |
1.75 |
0.12 |
.. |
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N.Profit/Sales |
1.67 |
1.63 |
0.12 |
-23.35 |
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Return On Equity |
.. |
4.35 |
0.33 |
-76.47 |
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Notes:
Forecast (or estimated) figures for the 30/06/2012 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.52.93 |
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UK Pound |
1 |
Rs.85.85 |
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Euro |
1 |
Rs.69.94 |
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.