MIRA INFORM REPORT

 

 

Report Date :

24.01.2013

 

IDENTIFICATION DETAILS

 

Name :

SEIKO COFFEE CO LTD

 

 

Registered Office :

6-3-3 Agachuo Kure City Hiroshima-Pref 737-0003

 

 

Country :

Japan

 

 

Financials (as on) :

30.11.2011

 

 

Date of Incorporation :

November 1983

 

 

Com. Reg. No.:

2400-01-026066 (Hiroshima-Kure)

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Import, wholesale of coffee beans, green beans.

 

 

No. of Employees :

15

 

 

 

COMPANY NAME AND ADDRESS

 

SEIKO COFFEE CO LTD

REGD NAME:   KK Seiko Coffee

MAIN OFFICE:  6-3-3 Agachuo Kure City Hiroshima-Pref 737-0003 JAPAN

Tel: 0823-84-0356      Fax: 0823-84-0450

 

URL:                 http://www.seikocoffee.jp

E-Mail address: (thru the Ural)

 

ACTIVITIES:     Import, wholesale of coffee beans, green beans, other

 

BRANCHES:     Nil

 

FACTORIES:    Hiroshima (2)

 

OFFICERS:       KENJI IGUCHI, PRES

                        Shuichi Iguchi, s/mgn dir

                        Kimiko Iguchi, dir          

           

Yen Amount:     In million Yen, unless otherwise stated

 

SUMMARY:      FINANCES        FAIR                 A/SALES          Yen 1,134 M

                        PAYMENTS      REGULAR         CAPITAL           Yen 10 M

                        TREND             UP                    WORTH                        Yen 402 M

                        STARTED         1983                 EMPLOYES      15

 

COMMENT:      TRADING FIRM SPECIALIZING IN COFFEE BEANS.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

                       

                        MAX CREDIT LIMIT: YEN 20.4 MILLION, 30 DAYS NORMAL TERMS

 

HIGHLIGHTS:

           

The subject company was established by Kenji Iguchi in order to make most of his experience in the subject line of business.  This is a trading firm, owned and operated by the Iguchi family, for import and wholesale of coffee beans, green beans, other.  Goods are imported from Asia, Ireland, Egypt, Russia, other.  Goods are also exported.

 

 

FINANCIAL INFORMATION:

           

Financials are only partially disclosed as is the case with family-based companies.

 

The sales volume for Nov/2011 fiscal term amounted to Yen 1,134 million, a 3% up from Yen 1,100 million in the previous term.  The net profit was posted at Yen 17 million, compared with Yen 25 million a year ago.

 

For the term that ended Nov 2012 the net profit was projected at Yen 18 million, on a 3% rise in turnover, to Yen 1,170 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 20.4 million, on 30 days normal terms.

 

 

REGISTRATION

 

Date Registered:       Nov 1983

Regd No.:           2400-01-026066 (Hiroshima-Kure)

Legal Status:       Limited Company (Kabushiki Kaisha)

Authorized:         800 shares

Issued:                200 shares

Sum:                   Yen 10 million

 

Major shareholders (%): Shuichi Iguchi (70), Kenji Iguchi (15), Kimiko Iguchi (15)

No. of shareholders: 3

 

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

 

 

OPERATION:

 

Activities: Imports, exports and wholesales coffee beans, green beans, other (--100%)

 

Clients: Coffee shops, restaurants, coffee beans dealers, other

No. of accounts: 200

Domestic areas of activities: Nationwide

Suppliers: [Mfrs, wholesalers] Marubeni Corp, Sojitz Corp, Itochu Corp, Sumitomo Corp, Kanematsu Corp, Nomura Trading, Ataka Corp, other.

Imports from China, Taiwan, Korea, Thailand, Singapore, Sri Lanka, Ireland, Sweden, Egypt, Russia, other

 

Payment record: Regular

 

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

 

Bank References:

Hiroshima Bank (Kure)

Iyo Bank (Kure)

Relations: Satisfactory

 

 

FINANCES

(In Million Yen)

 

　

　

30/11/2012

30/11/2011

30/11/2010

30/11/2009

Annual Sales

　

1,170

1,134

1,100

1,074

Recur. Profit

　

　

　

　

　

Net Profit

　

18

17

25

36

Total Assets

　

　

N/A

N/A

N/A

Net Worth

　

　

402

390

388

Capital, Paid-Up

　

　

10

10

10

Div.P.Share(¥)

　

　

0.00

0.00

0.00

<Analytical Data>

(%)

(%)

(%)

(%)

    S.Growth Rate

3.17

3.09

2.42

1.03

    Current Ratio

 

 

..

..

..

    N.Worth Ratio

 

..

..

..

    N.Profit/Sales

1.54

1.50

2.27

3.35

 

Notes: Financials are only partially disclosed.

Forecast (or estimated) figures for the 30/11/2012 fiscal term.

 

 

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.