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Report Date : |
28.03.2013 |
IDENTIFICATION DETAILS
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Name : |
MBC CO LTD |
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Registered Office : |
Minamihonmachi Bldg 802, 3-2-10 Kyutaromachi Chuoku Osaka 541-0056 |
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Country : |
Japan |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
August 1994 |
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Com. Reg. No.: |
1200-01-096536 (Osaka-Chuoku) |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Import, wholesale of women’s & children’s wear |
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No. of Employees : |
4 |
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 AND
ADDRESS
MBC CO LTD
REGD NAME: KK
MBC
MAIN OFFICE: Minamihonmachi
Bldg 802, 3-2-10 Kyutaromachi Chuoku Osaka 541-0056
JAPAN
Tel:
06-6252-3773
URL: N/A
E-Mail address: masa.mcb08@gmail.com
ACTIVITIES: Import,
wholesale of women’s & children’s wear
BRANCHES: Nil
FACTORIES: China
(subcontracted)
OFFICERS: MASAFUMI
KIJIMA, PRES
Yen Amount: In million Yen, unless otherwise stated
SUMMARY: FINANCES R/WEAK A/SALES Yen 400 M
PAYMENTS REGULAR CAPITAL Yen 10 M
TREND SLOW WORTH Yen
34 M
STARTED 1994 EMPLOYES 4
COMMENT: TRADING FIRM SPECIALIZING IN WOMEN’S WEAR.
FINANCIAL SITUATION CONSIDERED RATHER WEAK BUT SHOULD BE GOOD FOR
MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: YEN 6.9
MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS:
The subject company was
established by Masafumi Kijima in order to make most of his experience in the
subject line of business. This is a
trading firm for import and wholesale of women’s & children’s wear. Goods are imported from subcontracted
factories in China.
FINANCIAL INFORMATION:
Financials are only
partially disclosed.
The sales volume for Dec/2011 fiscal term
amounted to Yen 400 million, a 5% up from Yen 380 million in the previous
term. The net profit was posted at Yen 3
million, compared with Yen 2 million a year ago.
For the term that ended
Dec 2012 the net profit was projected at Yen 3 million, on a similar turnover,
at Yen 400 million. Final results are
yet to be released.
The financial
situation is considered RATHER WEAK but should be good for MODERATE business
engagements. Max credit limit is
estimated at Yen 6.9 million, on 30 days normal terms.
REGISTRATION
Date Registered: Aug 1994
Regd No.:
1200-01-096536 (Osaka-Chuoku)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 800 shares
Issued: 200 shares
Sum: Yen 10 million
Major shareholders (%): Masafumi Kijima
(100)
Nothing
detrimental is known as to this commercial morality.
OPERATION:
Activities: Imports and
wholesales clothing for women & children, clothing accessories, other
(--100%)
Clients: [Mfrs,
wholesalers] Bell House, Misawa Co, other
No. of accounts:
100
Domestic areas of activities:
Centered in greater-Osaka
Suppliers: [Mfrs,
wholesalers] Imports from China, other.
Domestically supplied from Koike Co, other
Payment record: Regular
Location: Business area in
Osaka. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References:
Kiyo Bank
(Kishiwada)
Resona Bank
(Funabashi)
Relations:
Satisfactory
FINANCES
(In Million
Yen)
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Terms Ending: |
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31/12/2012 |
31/12/2011 |
31/12/2010 |
31/12/2009 |
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Annual
Sales |
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400 |
400 |
380 |
380 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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3 |
3 |
2 |
2 |
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Total
Assets |
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N/A |
N/A |
N/A |
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Net
Worth |
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34 |
31 |
29 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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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 |
0.00 |
5.26 |
0.00 |
-5.00 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
.. |
.. |
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N.Profit/Sales |
0.75 |
0.75 |
0.53 |
0.53 |
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Notes: Financials
are only partially disclosed.
Forecast (or
estimated) figures for the 31/12/2012 fiscal term.
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 |
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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.