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Report Date : |
06.12.2013 |
IDENTIFICATION DETAILS
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Name : |
KISHI KASEI CO LTD |
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Registered Office : |
1-10-8 Fukuura Kanazawaku Yokohama
236-0004 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2013 |
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Date of Incorporation : |
March 1954 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Manufacturing of dyestuffs, pigments,
coloring agents |
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No. of Employees : |
60 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
COMPANY NAME AND
ADDRESS
KISHI KASEI CO LTD
REGD NAME: Kishi
Kasei KK
MAIN OFFICE: 1-10-8
Fukuura Kanazawaku Yokohama 236-0004 JAPAN
Tel:
045-788-3091 Fax: 045-788-3085
URL: www.taketombo.co.jp
E-mail: takiguchi@kishikasei.com
ACTIVITIES
Mfg of dyestuffs,
pigments, coloring agents
BRANCHES
Nil
FACTORIES
At the caption
address
OFFICER(S)
TAIMEI KASE, PRES Daisuke
Maezawa, rep dir
Akira Funamoto, dir Teruo
Takiguchi, dir
Nobumasa Sato, dir
Yen Amount: In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 1,200 M
PAYMENTS NO COMPLAINTS CAPITAL Yen
40 M
TREND SLOW WORTH Yen
169 M
STARTED 1953 EMPLOYES 60
COMMENT
MFR OF DYESTUFFS
& COLORING AGENTS.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS
HIGHLIGHTS
The subject company was established by father of Taimei Kase for mfg
dyestuffs based on fluoresce in at Itabashiku Tokyo. The production has since then expanded to
various types of Azo colors, sulfonation-based colors and anthraquinone-based
colors, other. Also makes various types
of organic colors for cosmetics, quasi-drugs, pharmaceuticals & foods. Goods are distributed nationwide by a
subsidiary, Taketombo Co Ltd.
FINANCIAL
INFORMATION
Financials are only partially disclosed.
The sales volume for Mar/2013 fiscal term is estimated amounted to Yen
1,200 million, an 8% down from Yen 1,300 million in the previous term. The net profit is estimated posted at Yen 3
million, compared with Yen 5 million a year ago. Profits are not disclosed and are only
estimated. .
For the current term ending Mar 2014the net profit is projected at Yen 5
million, on an 8% rise in turnover, to Yen 1,300 million.
The financial situation is considered FAIR and good for ORDINARY
business engagements.
REGISTRATION
Date Registered: Mar
1954
Legal Status: Limited
Company (Kabushiki Kaisha)
Authorized: 320,000
shares
Issued:
80,000 shares
Sum: Yen 40 million
Major shareholders (%): Taimei Kase (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Manufactures
dyestuffs, coloring agents, others: artificial colors, inorganic pigments,
natural colors, dyestuff intermediates, hair coloring preparations, coloring
hair conditioners, medicines, foods, lip make-up preparations, soaps, bath
preparations, writing instruments, others (--100%).
Clients: [Wholesaler]
Distributed wholly through Taketombo Co Ltd, a subsidiary sales agent).
No. of accounts:
300 (downstream clients)
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Ajinomoto Health Supply, Matsutani Chemical Ind, OG Corp, Kowa Co,
Kanto Natural Gas Development, other..
Payment record: No complaints
Location: Light industrial
area in Yokohama. Office premises at the
caption address are leased and maintained satisfactorily.
Bank References: Bank of Yokohama
(Kanazawa Industrial Center)
Shoko Chukin
Bank (Yokohama)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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31/03/2014 |
31/03/2013 |
31/03/2012 |
31/03/2011 |
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Annual
Sales |
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1,300 |
1,200 |
1,300 |
1,300 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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5 |
3 |
5 |
5 |
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Total
Assets |
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N/A |
N/A |
N/A |
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Net
Worth |
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169 |
167 |
162 |
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Capital,
Paid-Up |
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40 |
40 |
40 |
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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 |
8.33 |
-7.69 |
0.00 |
18.18 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
.. |
.. |
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N.Profit/Sales |
0.38 |
0.25 |
0.38 |
0.38 |
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Notes: Financials
are only partially disclosed.
Forecast (or
estimated) figures for the 31/03/2014 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.