MIRA INFORM REPORT

 

 

Report Date :

22.01.2013

 

IDENTIFICATION DETAILS

 

Name :

PROTOLEAF CORPORATION

 

 

Registered Office :

TTD Bldg 4F 1-2-18 Mita Minatoku Tokyo 108-0073

 

 

Country :

Japan

 

 

Financials (as on) :

30.06.2012

 

 

Date of Incorporation :

October 2000

 

 

Com. Reg. No.:

0104-01-042713 (Tokyo-Minatoku)

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Import, wholesale, retail of organic fertilizer, potting compost, gardening tools

 

 

No. of Employees :

40

 


COMPANY NAME AND ADDRESS

 

PROTOLEAF CORPORATION

REGD NAME:    KK Protoleaf

MAIN OFFICE:  TTD Bldg 4F 1-2-18 Mita Minatoku Tokyo 108-0073

Tel: 03-3769-2828     Fax: 03-3769-2829

 

URL:                 http://www.protoleaf.co.jp

E-mail Address:            info@protoleaf.co.jp       

 

ACTIVITIES:     Import, wholesale, retail of organic fertilizer, potting compost, gardening tools

 

BRANCHES:     Osaka, Nagoya, Tochigi, Yamanashi, Tamagawa (shop)

 

OFFICER(S):     TAKATSUGU SATOH, PRES      Yuichiro Kanoh, s/mgn dir

                                    Tadahiro Shimamura, dir             Yoichi Takahashi, dir

 

Yen Amount:     In million Yen, unless otherwise stated

 

SUMMARY:       FINANCES        FAIR                 A/SALES          Yen 3,774 M

                        PAYMENTS      REGULAR         CAPITAL           Yen 56 M

                        TREND             STEADY           WORTH                        Yen 120 M

                        STARTED         2000                 EMPLOYES      40

 

COMMENT:       TRADING FIRM SPECIALIZING IN GARDENING TOOLS & SUPPLIES. 

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS

 

                        MAX CREDIT LIMIT: YEN 13.6 MILLION, 30 DAYS NORMAL TERMS

 

 

HIGHLIGHTS:

           

            The subject company was established by Takatsugu Satoh in order to make most of his experience in the subject line of business.  This is a trading firm specializing in import and wholesale of organic fertilizer, potting compost, beet moth, leaf mold, other gardening supplies.  Handles gardening equipment, too.  In Sept 2009 went into direct deal with DCM Holdings, including large-lot orders; In Oct went into direct import agreement with David Austin Roses, UK; in Apr 2010 acquired 17 store operations from Central Corporation, operator of flower/plant chain stores, and started Gardening Division in the company.  Business thus expanded into wholesaling & retailing of seeds & seedlings, potted plants, other.  Has a store in Tamagawa (Tokyo) for retailing the products.  Clients include seed/seedlings stores, wholesalers, gardening stores, other, nationwide.

 

 

FINANCIAL INFORMATION:

 

            The sales volume for Jun/2012 fiscal term amounted to Yen 3,774 million, a 5% up from Yen 3,611 million in the previous term.  This is attributed to the expansion of business operations resulted from the said expanded business networks, including wholesaling operations of seeds & seedlings, flowers, plants, other.  The recurring profit was posted at Yen 57 million and the net profit at Yen 1 million, respectively, compared with Yen 5 million recurring profit and Yen 5 million net profit, respectively, a year ago.  .

 

For the current term ending Jun 2013 the recurring profit is projected at Yen 60 million and the net profit at Yen 10 million, respectively, on a 2% rise in turnover, to Yen 3,850 million.  Business is seen expanding steadily.  . 

           

            The financial situation is considered FAIR and good for ORDINARY business engagements.  Max credit limit is estimated at Yen 13.6 million, on 30 days normal terms. 

 

 

REGISTRATION

 

Date Registered:          Oct 2000

Legal Status:    Limited Company (Kabushiki Kaisha)

Regd No.:           0104-01-042713 (Tokyo-Minatoku)

Authorized:       4,480 shares

Issued:              1,120 shares

Sum:                 Yen 56 million

Major shareholders (%): Takatsugu Satoh (31), Yuichiro Kanoh (5)

No. of shareholders: 20

 

Nothing detrimental is known as to the commercial morality of executives.

 

 

OPERATION:

 

Activities: Imports, wholesales and retails fertilizer, gardening supplies & equipment, other (--100%:

 

(Handling items): organic fertilizer, potted compost, beet moth, leaf mold, gardening equipment, seeds/seedlings, potted flowers/plants, other related gardening supplies

 

Clients: [Seed/seedling stores, wholesalers, chain stores, consumers] Takii & Co, Sakata Seed Corp, Kaneko Seeds, DCM Holdings, Lead Shoji, Ozaki Flower Park, Kuroganeya Co, Lead Shoji, other

No. of accounts: 500 (Wholesaling Div only)

Domestic areas of activities: Nationwide

Suppliers: [Mfrs, wholesalers] Sanpo Ryokka Co, Green Tamadaya Co, Joy Agrise Co, DNP Nishinippon, Asahi Industries Co, Jardin Co, other.

 

Payment record: Regular

 

Location: Business area in Tokyo.  Office premises at the caption address are leased and maintained satisfactorily.

 

Bank References:

Mizuho Bank (Toranomon)

SMBC (Roppongi)

Relations: Satisfactory

 


FINANCES

(In Million Yen)

 

       Terms Ending:

30/06/2013

30/06/2012

30/06/2011

30/06/2010

Annual Sales

 

3,850

3,774

3,611

3,129

Recur. Profit

 

60

57

14

20

Net Profit

 

10

1

5

11

Total Assets

 

 

1,981

1,388

1,344

Current Assets

 

 

1,875

1,233

1,148

Current Liabs

 

 

1,590

1,000

1,017

Net Worth

 

 

120

120

114

Capital, Paid-Up

 

 

56

56

56

Div.P.Share(¥)

 

 

0.00

0.00

0.00

<Analytical Data>

(%)

(%)

(%)

(%)

    S.Growth Rate

2.01

4.51

15.40

222.25

    Current Ratio

 

..

117.92

123.30

112.88

    N.Worth Ratio

..

6.06

8.65

8.48

    R.Profit/Sales

 

1.56

1.51

0.39

0.64

    N.Profit/Sales

0.26

0.03

0.14

0.35

    Return On Equity

..

0.83

4.17

9.65

 

Notes: Forecast (or estimated) figures for the 30/06/2013 fiscal term. 

 

 

 

 

 

 

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