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Report Date : |
03.08.2013 |
IDENTIFICATION DETAILS
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Name : |
HUMPTY DUMPTY CO LTD |
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Registered Office : |
198 Aoyagimachi Maebashi Gunma-Pref 371-0056 |
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Country : |
Japan |
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Financials (as on) : |
30.06.2012 |
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Date of Incorporation : |
September 1997 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Chain shop operator of “Humpty Dumpty) |
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No. of Employees : |
433 |
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 |
COMPANY NAME AND
ADDRESS
HUMPTY DUMPTY CO LTD
REGD NAME: KK
Humpty Dumpty
MAIN OFFICE: 198
Aoyagimachi Maebashi Gunma-Pref 371-0056 JAPAN
Tel:
027-233-8233 Fax: 027-233-8235
URL: http://www.humpty-dumpty.jp
E-Mail address: (thru the URL)
ACTIVITIES: Chain
shop operator of “Humpty Dumpty)
BRANCHES: 25
direct-run stores, 8 franchisees (nationwide)
OVERSEAS: China
FACTORIES: (subcontracted)
OFFICERS: TETSUO
NUKUI, PRES Mitsue Nukui,
s/mgn dir
Shigemi Nukui, dir Hitoshi Katsube, dir
Masaru Itoh, dir Hidetoshi Kobayashi,
dir
Yen Amount: In million Yen, unless otherwise stated
SUMMARY: FINANCES FAIR A/SALES Yen 5,661 M
PAYMENTS REGULAR CAPITAL Yen 50 M
TREND UP WORTH Yen 196 M
STARTED 1997 EMPLOYES 433
COMMENT: “Humpty Dumpty” chain shop operator.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS
ENGAGEMENTS.
MAX CREDIT LIMIT: YEN
19.6 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS:
The subject company was
established originally in 1982 and was incorporated in 1997 by Tetsuo
Nukui. This is a chain shop operator of
25 direct-run stores and 8 franchisees nationwide, handling apparel, daily
commodities, kitchen ware, shoes, bags, sandals, other (See OPERATION). Goods are imported. Goods are sold online, too. In July 2011, merged a sister company, Nikki
Bundle Co Ltd, and sales grew.
FINANCIAL INFORMATION:
The sales volume for
Jun/2012 fiscal term amounted to Yen 5,661 million, a 36% up from Yen 4,155
million in the previous term. This is
attributed to the said merger of a sister company. The recurring profit was posted at Yen 75
million and the net profit at Yen 69 million, respectively, compared with Yen
95 million recurring profit and Yen 35 million net profit, respectively, a year
ago.
For the term that ended
Jun 2013 the recurring profit was projected at Yen 80 million and the net
profit at Yen 70 million, respectively, on a 3% rise in turnover, to Yen 5,850
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 19.6
million, on 30 days normal terms.
REGISTRATION
Date
Registered: Sept 1997
Legal
Status: Limited Company (Kabushiki Kaisha)
Authorized: 800
shares
Issued:
200 shares
Sum:
Yen 50 million
Major shareholders
(%): Tetsuo Nukui (100)
Nothing detrimental is known as to
the commercial morality of executives.
OPERATION:
Activities: Imports retails and wholesales (including
online sales) of: apparel, clothing accessories, daily commodities, kitchen
ware, gardening/green supplies, other, operating 25 direct-run stores and 8
franchisees (--100%)
Handling & Importing items: apparel (casual
wear, T-shirts, pullovers, bottoms, other), shoes & sandals, clocks &
watches, handbags & porches, candle holders, gift boxes, mirrors, wall
hangers, photo frames, accessories (except jewelry), health & beauty goods,
gardening/green supplies, other.
Clients: [Mfrs, wholesalers]
Customers, Takaya Shoji Co, Sakai Co, Matsuya Co, Ftime Corp Inc, other
No. of accounts: 200 (Wholesales
Div)
Domestic areas of activities:
Nationwide
Suppliers: [Mfrs,
wholesalers] Ftime Corp Inc, Crocs Japan, Pabo Co, Fukuyama Co, Mon Seuil Co,
TKF, Ippinsha Co, Nikki Co, Key Coffee, Bisque Co, Heads Co, Nicott Inc, other
Payment record: Regular
Location: Business area in Maebashi,
Gunma-Pref. Office premises at the
caption address are owned and maintained satisfactorily.
Bank
References:
SMBC (Maebashi)
Tochigi Bank (Maebashi)
Relations: Satisfactory
FINANCES
(In Million
Yen)
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Terms Ending: |
30/06/2013 |
30/06/2012 |
30/06/2011 |
30/06/2010 |
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Annual
Sales |
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5,850 |
5,661 |
4,155 |
3,511 |
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Recur.
Profit |
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80 |
75 |
45 |
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Net
Profit |
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70 |
69 |
35 |
-5 |
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Total
Assets |
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3,417 |
2,058 |
1,733 |
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Current
Assets |
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1,546 |
1,016 |
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Current
Liabs |
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1,099 |
741 |
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Net
Worth |
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196 |
-23 |
-116 |
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Capital,
Paid-Up |
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50 |
50 |
50 |
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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 |
3.34 |
36.25 |
18.34 |
-1.51 |
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Current Ratio |
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.. |
140.67 |
137.11 |
.. |
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N.Worth Ratio |
.. |
5.74 |
-1.12 |
-6.69 |
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R.Profit/Sales |
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1.37 |
1.32 |
1.08 |
.. |
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N.Profit/Sales |
1.20 |
1.22 |
0.84 |
-0.14 |
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Return On Equity |
.. |
35.20 |
.. |
.. |
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Notes: Forecast (or
estimated) figures for the 30/06/2013 fiscal term.
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.