MIRA INFORM REPORT

 

 

Report Date :

24.05.2012

 

IDENTIFICATION DETAILS

 

Name :

FUJITSU CONSULTING CANADA INC

 

 

Registered Office :

1000-Bureau 1400 rue Sherbrooke Ouest, Montréal (Québec) H3A3G4

 

 

Country :

Canada

 

 

Year of Establishment :

1973

 

 

Legal Form :

Corporation for Profit

 

 

Line of Business :

IT Consulting, Implementation and Management Services

 

 

No. of Employees :

2200

 

 

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 :

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)

Canada

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


 

GEOPOLITICS

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal


Economic Risk: Nil

Currency: USD

Branch Situation: Growing

 

 

IDENTIFICATION

 

Legal Name:

Fujitsu Consulting Canada Inc

Trade Name:

FUJITSU CONSEIL (CANADA) INC.

Legal Address

1000-Bureau 1400 rue Sherbrooke Ouest

Montréal (Québec) H3A3G4, Canada

Operative Address

1000-Bureau 1400 rue Sherbrooke Ouest

Montréal (Québec) H3A3G4, Canada

Telephone:

+1-514-877-3301

Document Number :

3216144

Fax:

+1-514-877-3351

Legal Form:

Corporation for Profit

Email:

fujitsu_canada_communications@ca.fujitsu.com

Registered in:

QUEBEC

Website:

ca.fujitsu.com/en/consulting  

Date Created:

1973

Manager:

Andre Pouliot

Date Incorporated:

February 28, 1995

Staff:

2200

Stock:

N.A.

 

 

Value:

N.A.

Activity:

IT Consulting, Implementation and Management Services

 

 

BANKS

 

Name of the Bank

Scotia Bank

 

 

BUSINESS

 

HISTORY

 

The company was created in 1973 as GROUPE DMR INC.

 

They have change their name in the following years:

 

1995-12-30 to 1997-01-16, DMR GROUP INC.

1997-01-16 to 2000-08-07, Groupe conseil DMR inc.

1997-01-16 to 2000-08-07, DMR Consulting Group Inc.

2000-08-07 to 2002-04-01, DMR conseil Inc.

2000-08-07 to 2002-04-01, DMR Consulting Inc.

2002-04-01 to Present, FUJITSU CONSULTING (CANADA) INC.

2002-04-01 to Present, FUJITSU CONSEIL (CANADA) INC.

 

PRINCIPAL ACTIVITY

 

Fujitsu Consulting (Canada), Inc. provides Information Technology (IT) consulting services to businesses and government in North America.

Products/Services description:

 

Fujitsu Consulting Canada Inc offers business solutions in the areas of content management, enterprise compliance management, enterprise resource planning, enterprise risk management, mobility, legacy modernization, and supply chain management, and packaged application implementation, information technology governance, managed services, and business process services.

 

The company also provides application management, business and technology architecture, business process management, change management, information management, quality assurance testing, staff supplementation, and call center services. It serves financial services, government/public sector, healthcare/life sciences, manufacturing, and telecommunications industries.

Sales are:

 

Wholesale

Clients:

 

It delivers business solutions in the areas of IT governance, information management, legacy systems modernization, application outsourcing, and business process outsourcing.

Operations area:

 

National, Local

The company does not import

The company does not export

Competitors:

 

Allstream Inc

Manitoba Telecom Services Inc.

http://www.allstream.com

1-855-299-7050

 

CGI Group Inc.

http://www.cgi.com/

 

The subject employs 2200 employees

 

Comments on staff:

 

 

There are 2,200 employees in total and 350 at this location.

 

PAYMENTS

 

Regular

LOCATION

Headquarters

 

1000-Bureau 1400 rue Sherbrooke Ouest, Montréal (Québec) H3A3G4, Canada

Branches:

 

Fujitsu Canada, Inc.

Tel: +1-905-286-9666

Toll free: +1-800-263-8716

Fax: +1-905-286-5997

Website: solutions.ca.fujitsu.com

Address: 6975 Creditview Road, Unit 1, Mississauga, ON, Canada, L5N 8E9

 

Contact Fujitsu's Support Team

Business activities:

LifeBook notebooks, tablet PCs, servers, printers, scanners, Magneto-Optical disk drives, Enterprise Solutions, Managed and Project services.

Fujitsu Ten Canada Inc.

Tel: +1-416-431-9332

Fax: +1-416-431-1745

Address: 1149 Bellamy Road North, Unit 1, Scarborough, ON, Canada, M1H 1H7

 

Fujitsu Transaction Solutions Canada Inc.

Tel: +1-905-286-9666

Toll free: +1-800-668-8325

Fax: +1-905-286-3451

Address: 6975 Creditview Road, Unit 1, Mississauga, ON, Canada, L5N 8E9

 

 

Shareholders - Manager - Related Companies

 

Listed at the stock exchange:

 

NO

Shareholders Parent Company(ies):

 

Fujitsu Consulting Canada Inc operates as a subsidiary of Fujitsu Ltd.

 

Fujitsu Ltd is listed at the stock exchange as 6702:Tokyo

 

Fujitsu Limited provides information and communication technology-based business solutions in Japan and internationally. It operates in three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions.

Management:

 

Mr. Masayuki Tokuda, Senior Vice President of US Delivery

 

Mr. David Shearer, Executive Vice President

 

Mr. André Pouliot, Senior Vice President of Quebec Sales and Delivery

 

Mr. Farhat Ali, Chief Executive Officer of Fujitsu America and President of Fujitsu America

 

Mr. Peter G. Tan, Chief Executive Officer of Fujitsu Philippines Inc and President of Fujitsu Philippines Inc

 

Mr. Rajeev Gupta, President of Fujitsu Consulting India Private Limited

Related Companies:

 

FDK America, Inc.

Tel: +1-408-215-6500

Fax: +1-408-215-6501

Address:250 E, Caribbean Drive, HS2000, Sunnyvale, CA

USA, 94089

us.fujitsu.com

 

Fujitsu Mexico Systems S.A. de C.V.

Tel: +52-664-634-1931

Fax: +52-664-634-1948

Address: Blvd. Sanchez Taboada No. 9250 Local 23

Zona Urbana Rio Tijuana, C.P. 22010, Tijuana, Baja California, Mexico

 

Representative Office

Colombia

Tel: +57-1-640-0330

Fax: +57-1-640-0325

Address: Nueva Avenida Empresarial, Av.19 No.114-55/65, Ofc.207/211, Bogota D.C., Colombia

 

Eclipse Td (UK) Limited

Tel: +44-20-7328-4499

Fax: +44-20-7624-6384

Address:LOE House, 159 Broadhurst Gardens, London

United Kingdom, NW6 3AU

 

 

Financials - COMMERCIAL TRENDS AND FORECAST

 

As a private company the subject does not publish any financial statements.

However our financial sources could provide us with the following data.

 

Those figures are estimates provided by confidential banking and financial institutions working with the company.

 

 

Currency

DATE

USD

2011

Turnover

220,000,000

The cash flow is

Normal

 

 

Currency

DATE

USD

2009

Turnover

195 000 000

The cash flow is

normal

 

 

Comments on the financial data: We also found that the revenue for 2011 for the parent company in the American Region was for ¥286.6 billion, which is 6.4% of the participation in their total sales world wide.


Legal Fillings

 The sources consulted record no detrimental legal or labor court information.

 

 

The last annual report was filed on August 12, 2010.

 

 

 

Rating

 

Local credit bureau gave a correct credit rate.

 

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

 

 

 Final Opinion

 

Fujitsu Consulting Canada Inc also does business as FUJITSU CONSEIL (CANADA) INC., with 39 years of experience in the business and around 2200 employees around Canada, this company is well known in the market where they develop. Also they have the financial back up from the parent company Fujitsu Ltd., based in Japan, and with a several number of location around the world.

 

We found a legal filing against the company from one of the employees with the following details:

 

Elena Anton v. DMR, a division of Fujitsu Consulting (Canada) Inc. and Commission des relations du travail.

Éléna Anton filed one complaint against DMR under s. 123.6 of the ALS for psychological harassment, and a second under s. 123 of the ALS for unlawful dismissal following an absence owing to sickness.

 


SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public

NO

Indebtedness

N.A.

Payments

REGULAR

Cash

NORMAL

 

 

 




APPENDIX

 

Person Interviewed

 

Yvan Guilbault

Position

 

Manager

Comments

 

Mr. Guilbault, refused to provide any kind of information fot this report.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.93

UK Pound

1

Rs.88.15.

Euro

1

Rs.70.88

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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