MIRA INFORM REPORT

 

 

Report Date :

22.01.2013

 

IDENTIFICATION DETAILS

 

Name :

TMG CO LTD

 

 

Registered Office :

TMG Bldg, 1-23-15 Megaki Ibaraki City Osaka-Pref 567-0836

 

 

Country :

Japan

 

 

Financials (as on) :

29.02.2012

 

 

Date of Incorporation :

March 1988

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Trucking Service

 

 

No. of Employees :

150

 

COMPANY NAME AND ADDRESS

 

TMG CO LTD

REGD NAME:   KK T. M. G.

MAIN OFFICE:  TMG Bldg, 1-23-15 Megaki Ibaraki City Osaka-Pref 567-0836 JAPAN

                        Tel: 072-634-2425      Fax: 072-634-2515

 

                        *.. The is its Tokyo Office

 

URL:                 http://www.tmg-group.jp

E-Mail address: (thru the URL)

 

ACTIVITIES:     Trucking service

 

BRANCHES:     Tokyo, Sendai, Sakai, Kakogawa, Fukuoka, other (Tot 9)

 

FACTORIES:    Osaka, Kobe, Saitama, Hiroshima, Okayama, Chiba, Fukuoka (--Logistics)

 

OFFICERS:       TAKAYUKI TSUBAKIMOTO, PRES

                        Harumi Tsubakimoto, dir

                        Tamao Tsubakimoto     

           

Yen Amount:     In million Yen, unless otherwise stated

 

SUMMARY:      FINANCES        FAIR                 A/SALES          Yen 1,550 M

                        PAYMENTS      REGULAR         CAPITAL           Yen 90 M

                        TREND             SLOW               WORTH                        Yen 174 M

                        STARTED         1988                 EMPLOYES      150

 

COMMENT:      TRUCKING SERVICE.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS BUT DOUBTFUL FOR CREDIT ENGAGEMENTS: US$5,000,000.00

                       

                        MAX CREDIT LIMIT: YEN 27.9 MILLION, 30 DAYS NORMAL TERMS

 

 

HIGHLIGHTS:

           

            The subject company was established originally in 1982 by Takayuki Tsubakimoto in order to make most of his experience in the subject line of business, on his account.  Incorporated in 1988 as a limited company and renamed as captioned in 2008.  This is a trucking company serving with light trucks nationwide.  Clients include inland transport companies, supermarket, hotels, other.

 

 

FINANCIAL INFORMATION:

           

            Financials are only partially disclosed.

 

The sales volume for Feb/2012 fiscal term amounted to Yen 1,550 million, a 5% up from Yen 1,479 million in the previous term.  Trucking transport demand increased in Tohoku area where the Great North Japan Earthquake occurred in Mar 2011.  The net profit was posted at Yen 10 million, compared with Yen 8 million a year ago.

 

            For the current term ending Feb 2013 the net profit is projected at Yen 15 million, on a 3% rise in turnover, to Yen 1,600 million. 

 

The financial situation is considered FAIR and good for ORDINARY business engagements.  The proposed amount, however, is considered TOO HIGH from the recent financial status.  Max credit limit is estimated at Yen 27.9 million, on 30 days normal terms.

 

 

REGISTRATION

 

Date Registered:            Mar 1988

Legal Status:       Limited Company (Kabushiki Kaisha)

Authorized:         7,200 shares

Issued:                1,800 shares

Sum:                   Yen 90 million

     Major shareholders (%): World Auto Service, Tsubakimoto Line, Takayuki Tsubakimoto (--Details not disclosed)

No. of shareholders: ‘7

 

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

 

 

OPERATION:

 

Activities: Trucking service by light trucks (--100%)

 

Clients: [Mfrs, wholesalers, hotels, supermarkets] Sagawa Express, Meitetsu Unyu Co, Nippon Express, Seino Transportation Co, other

No. of accounts: 500

Domestic areas of activities: Nationwide

Suppliers: [Mfrs, wholesalers] Suzuki Jihan Kinki Co, Mitsubishi Motors Nishinippon, Tsubakimoto Group firms, other

 

Payment record: Regular

 

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

 

Bank References:

Mizuho Bank (Ibaraki)

SMBC (Ibaraki)

Relations: Satisfactory

 

 

 

 

 

FINANCES

(In Million Yen)

 

　

　

28/02/2013

29/02/2012

28/02/2011

28/02/2010

Annual Sales

　

1,600

1,550

1,479

1,600

Recur. Profit

　

　

　

　

　

Net Profit

　

15

10

8

10

Total Assets

　

　

N/A

N/A

N/A

Net Worth

　

　

174

164

156

Capital, Paid-Up

　

　

90

90

90

Div.P.Share(¥)

　

　

0.00

0.00

0.00

<Analytical Data>

(%)

(%)

(%)

(%)

    S.Growth Rate

3.23

4.80

-7.56

0.00

    Current Ratio

 

 

..

..

..

    N.Worth Ratio

 

..

..

..

    N.Profit/Sales

0.94

0.65

0.54

0.63

 

Notes: Financials are only partially disclosed.

Forecast (or estimated) figures for the 28/02/2013 fiscal term.

 

 

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