MIRA
INFORM REPORT
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Report Date : |
30.01.2013 |
IDENTIFICATION DETAILS
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Name : |
MOONBAT CO LTD |
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Registered Office : |
493 Niwatoribokocho Shijo-Minami-Iru Kyoto 600-8491 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
September 1941 |
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Com. Reg. No.: |
1300-01-019030 (Kyoto-Shimogyoku) |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Import, wholesale of umbrellas, scarves, mufflers, furs, jewels, other
accessories |
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No. of Employees : |
246 |
COMPANY NAME AND
ADDRESS
MOONBAT CO LTD
REGD NAME: Moonbat
KK
MAIN OFFICE: 493 Niwatoribokocho
Shijo-Minami-Iru Kyoto 600-8491 JAPAN
Tel: 075-361-0381 Fax: 075-371-0171
*..The given name is its Tobu
Butsuryu Center (Distribution Center) at 180 Haraichi Ageo
City Saitama-Pref
URL: http://www.moonbat.co.jp/
E-Mail address: info@moonbat.co.jp
ACTIVITIES: Import,
wholesale of umbrellas, scarves, mufflers, furs, jewels, other accessories
BRANCHES: Tokyo,
Osaka, Nagoya, Sapporo, Fukuoka
FACTORIES: (Subsidiary
& subcontracted mfrs)
CHIEF EXEC: TAKUSHI
NAKAMURA, PRES & CEO
Yen Amount: In million Yen, unless otherwise stated
SUMMARY: FINANCES FAIR A/SALES Yen 13,665 M
PAYMENTS REGULAR CAPITAL Yen 3,339 M
TREND SLOW WORTH Yen
7,004 M
STARTED 1941 EMPLOYES 246
COMMENT: TRADING HOUSE SPECIALIZING IN UMBRELLAS,
FUR GOODS AND ACCESSO-RIES.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS
ENGAGEMENTS.
MAX CREDIT LIMIT: YEN
399.8 MILLION, 30 DAYS NORMAL TERMS.
Notes: Unit: In Million Yen
Forecast (or estimated) figures for 31/03/2013
fiscal term
HIGHLIGHTS:
The subject
company is a leading trading firm specializing in fur goods, umbrellas and
accessories. Handles major overseas
brands, such as Christian Dior (fur trading), Noema, Niel, Hanway, etc. Also licensee of Basle, Shilla and CdeC
brands. Also handles Mila Schon brand
jewelry products. The given name is its
Distribution Center in Ageo City, Saitama-Pref.
Actively moving into apparel, jewels, clothing accessories operations from
the core item of umbrellas, parasols and rain goods. Moved jewelry processing operations to S/E
Asia that contributed greatly to cost-reductions.
FINANCIAL
INFORMATION:
The sales volume
for Mar/2012 fiscal term amounted to Yen 13,665 million, a 0.8% down from Yen
13,781 million in the previous term. The
recurring profit was posted at Yen 1,245 million and the net profit at Yen 780
million, respectively, compared with Yen 1,096 million recurring profit and Yen
430 million net profit, respectively, a year ago.
(Apr/Sept/2012
results): Sales Yen 7,326 million (down 0.3%), operating profit Yen 713 million
(down 5.5%), recurring profit Yen 746 million (down 3.0%), net profit Yen 454
million (down 1.0%). (% compared with
the corresponding period a year ago)
For the current
term ending Mar 2013 the recurring profit is projected at Yen 1,150 million and
the net profit at Yen 720 million, respectively, on a 0.5% rise in turnover, to
Yen 13,730 million. Sales of lucrative umbrellas
are faring well. SGA expenses are
decreasing from the expected level with the termination of the large-lot sales
for hats.
The financial
situation is considered maintained FAIR and should be good for ORDINARY
business engagements. Max credit limit
is estimated at Yen 399.8 million, on normal terms.
REGISTRATION
Date Registered:
Sept 1941
Regd No.:
1300-01-019030 (Kyoto-Shimogyoku)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 60 million shares
Issued:
26,708,668 shares
Sum: Yen 3,339 million
Major
shareholders (%): Need Ltd (16.4), Company’s Kyoeikai S/Holdings (5.4),SMBC (4.5),
Masayuki Kono (3.9), Nippon Life Ins (3.7), Midori Okamoto (2.7), Daisho-kin
(2.3), Bank of Kyoto (1.9), Fushia Investment Ltd (1.9), SBI Securities (1.6);
foreign owners (2.3)
No. of shareholders: 2,202
Listed on the S/Exchange (s) of: Osaka (Second
Section)
Managements: Yukio Ohshima,
adv; Seiichi Nakano, ch; Takushi Nakamura, pres; Toshikzu Takeuchi. Dir;
Yoshihide Sugioka, dir
Nothing detrimental
is knows as to the commercial morality of executives.
Related
companies: Japan Umbrella Center, MB Joho (Information) Service, KK Kaneshin,
other
OPERATION:
Activities: A trading house with
sales breakdown: fur jackets, fur coats (10%), rings, necklaces, bracelets,
broaches, other jewelry (--12%), umbrellas, parasols, rain goods (--40%),
scarves, mufflers, stools, other (--15%), hats (10%), bags/sports goods, others
(--13%). (The breakdown by items are all
about and not officially released by the firm, but are of our own estimates for
comparisons only)
The firm groups together broadly as follows:
Fur, jewelry div (22%), umbrellas clothing accessories, hat div (personal
belongings) (77%), others: office rental, commodity inspection, management
fees, others (1%)
Clients: Department
stores, chain stores, supermarkets, specialty stores, other (Details
unavailable)
No. of accounts:
800
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Maruka Co, Shigematsu, Fukushima Kasei Kogyo, Shibata Co, Glory,
Tokyo Tagawa, Japan Umbrella Center, AFC Asia Ltd, Itochu Corp, Tokyo Fashion
Planning, other.
Payment record: Regular
Location: Business area in Kyoto.
Office premises at the caption address are owned and maintained
satisfactorily.
Bank References:
SMBC (Kyoto)
MUFG (Kyoto-Chuo)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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FINANCES: (Consolidated
in million yen) |
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Terms Ending: |
31/03/2012 |
31/03/2011 |
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INCOME STATEMENT |
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Annual Sales |
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13,665 |
13,781 |
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Cost of Sales |
7,688 |
7,887 |
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GROSS PROFIT |
5,977 |
5,894 |
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Selling & Adm Costs |
4,757 |
4,896 |
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OPERATING PROFIT |
1,220 |
1,088 |
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Non-Operating P/L |
25 |
8 |
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RECURRING PROFIT |
1,245 |
1,096 |
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NET PROFIT |
780 |
430 |
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BALANCE SHEET |
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Cash |
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1,047 |
870 |
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Receivables |
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2,926 |
2,613 |
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Inventory |
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2,646 |
2,708 |
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Securities, Marketable |
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Other Current Assets |
272 |
283 |
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TOTAL CURRENT ASSETS |
6,891 |
6,474 |
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Property & Equipment |
2,861 |
2,898 |
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Intangibles |
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112 |
172 |
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Investments, Other Fixed Assets |
1,361 |
1,585 |
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TOTAL ASSETS |
11,225 |
11,129 |
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Payables |
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1,498 |
1,487 |
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Short-Term Bank Loans |
656 |
621 |
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Other Current Liabs |
1,455 |
1,021 |
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TOTAL CURRENT LIABS |
3,609 |
3,129 |
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Debentures |
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700 |
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Long-Term Bank Loans |
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369 |
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Reserve for Retirement Allw |
329 |
317 |
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Other Debts |
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283 |
302 |
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TOTAL LIABILITIES |
4,221 |
4,817 |
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MINORITY INTERESTS |
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Common
stock |
3,339 |
3,339 |
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Additional
paid-in capital |
1,039 |
1,039 |
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Retained
earnings |
2,652 |
1,968 |
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Evaluation
p/l on investments/securities |
1 |
(1) |
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Others |
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(14) |
(21) |
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Treasury
stock, at cost |
(13) |
(13) |
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TOTAL S/HOLDERS` EQUITY |
7,004 |
6,311 |
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TOTAL EQUITIES |
11,225 |
11,129 |
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CONSOLIDATED CASH FLOWS |
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Terms ending: |
31/03/2012 |
31/03/2011 |
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Cash
Flows from Operating Activities |
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516 |
1,548 |
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Cash
Flows from Investment Activities |
123 |
26 |
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Cash
Flows from Financing Activities |
-464 |
-1,598 |
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Cash,
Bank Deposits at the Term End |
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1,047 |
870 |
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ANALYTICAL RATIOS Terms ending: |
31/03/2012 |
31/03/2011 |
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Net
Worth (S/Holders' Equity) |
7,004 |
6,311 |
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Current
Ratio (%) |
190.94 |
206.90 |
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Net
Worth Ratio (%) |
62.40 |
56.71 |
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Recurring
Profit Ratio (%) |
9.11 |
7.95 |
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Net
Profit Ratio (%) |
5.71 |
3.12 |
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Return
On Equity (%) |
11.14 |
6.81 |
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This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.