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Report Date : |
28.06.2013 |
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Tel. No.: |
06 6466 2801 |
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Fax No.: |
06 6466 2812 |
IDENTIFICATION DETAILS
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Name : |
KANSETSU INTERNATIONAL CO LTD |
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Registered Office : |
4-3-27 Shimaya
Konohanaku Osaka 554-0024 |
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Country : |
Japan |
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Financials (as on) : |
31.12.2012 (Consolidated Financials Of The Parent, Kansetsu Co Ltd) |
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Date of Incorporation : |
November
2004 |
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Com. Reg. No.: |
1200-01-109340 (Osaka-Konohanaku) |
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Legal Form : |
Limited Company |
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Line of Business : |
Import,
export, wholesale of heat exchangers, pumps |
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No. of Employees : |
Not
Available |
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 KANSETSU INTERNATIONAL CO
LTD
REGD NAME: Kansetsu International KK
MAIN OFFICE: 4-3-27 Shimaya Konohanaku Osaka
554-0024 JAPAN
Tel:
06-6466-2801 Fax: 06-6466-2812
URL: http://www.kansetu.co.jp/ (of
the parent, Kansetsu Co Ltd)
E-Mail address: info.intl@kansetu.co.jp
ACTIVITIES: Import, export,
wholesale of heat exchangers, pumps
BRANCHES: Nil
OFFICER(S): HITOSHI NOMURA,
PRES
FINDINGS:
This company was established by Kansetsu Co Ltd, mfr of heat exchangers
& pumps at the caption address as its international trading division. Operations and financials are fully
consolidated by the parent, Kansetsu Co Ltd, with phone/Fax numbers jointly
used, and financials are not individually disclosed. Financials are fully consolidated by the
parent, and not disclosed individually.
REGISTRATION
Date Registered: Nov
2004
Regd No.: 1200-01-109340 (Osaka-Konohanaku)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 2,800 shares
Issued: 700 shares
Sum: Yen 35 million
Major shareholders (%): Kansetsu Co Ltd* (100)
*.. Mfr of heat exchangers & pumps, at the caption address, founded
1974, capital Yen 22 million, sales Yen 823 million, recurring profit Yen 136
million, net profit Yen 80 million, total assets Yen 1,207 million, net worth
Yen 981 million, employees 18, pres Hiroshi Nomura (Hitoshi Nomura, pres of
Kansetsu International, serves as ch)
Consolidated
Financials are attached
Nothing detrimental is known as to the commercial morality of
executives.
OPERATION:
Activities: Imports, exports and wholesales heat
exchangers, pumps, and related products (--100%).
Clients: [Mfrs, chemical
processors, steel mills] Exports to China, Korea, Taiwan, New Zealand, other.
No. of accounts:
Unavailable
Domestic areas of
activities: Centered in greater-Osaka
Suppliers: [Mfr] Wholly
supplied from the parent, Kansetsu Co Ltd, for exports.
Payment record: Unknown
Location: Business area in
Osaka. Office premises at the caption
address are owned and maintained satisfactorily.
Bank
References:
Mizuho Bank (Kujo)
MUFG (Shikanjima)
Relations: Satisfactory
CONSOLIDATED FINANCIALS OF THE PARENT,
KANSETSU CO LTD
FINANCES: (In
Million Yen)
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Terms Ending: |
31/12/2013 |
31/12/2012 |
31/12/2011 |
31/12/2010 |
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Annual
Sales |
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865 |
823 |
806 |
760 |
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Recur.
Profit |
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145 |
136 |
126 |
102 |
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Net
Profit |
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85 |
80 |
73 |
61 |
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Total
Assets |
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1,207 |
1,190 |
1,079 |
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Current
Assets |
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1,054 |
1,040 |
935 |
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Current
Liabs |
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226 |
284 |
222 |
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Net
Worth |
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|
981 |
905 |
836 |
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Capital,
Paid-Up |
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22 |
22 |
22 |
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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 |
5.10 |
2.11 |
6.05 |
-7.43 |
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Current Ratio |
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.. |
466.37 |
366.20 |
421.17 |
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N.Worth Ratio |
.. |
81.28 |
76.05 |
77.48 |
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R.Profit/Sales |
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16.76 |
16.52 |
15.63 |
13.42 |
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N.Profit/Sales |
9.83 |
9.72 |
9.06 |
8.03 |
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Return On Equity |
.. |
8.15 |
8.07 |
7.30 |
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Notes:
Forecast (or estimated) figures for the 31/12/2013 fiscal term.
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
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.