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Report Date : |
30.03.2013 |
IDENTIFICATION DETAILS
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Name : |
AHS CO LTD |
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Registered Office : |
Asahi Bldg 5F, 3-9-1 Ueno Taitoku Tokyo 110-0005 |
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Country : |
Japan |
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Date of Incorporation : |
Aug 2005 |
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Com. Reg. No.: |
0105-01-025772 (Tokyo-Taitoku) |
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Legal Form : |
Limited Company (Kabushiki
Kaisha) |
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Line of Business : |
Imports, exports and wholesales PC software/hardware, TV tuner
card, TV box, OA equipment |
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No. of Employees : |
12 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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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Status : |
Moderate |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
NOTES
:
Any query related to this report
can be made on e-mail: infodept@mirainform.com while quoting report
number, name and date.
ECGC Country Risk Classification List – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Japan |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
japan - ECONOMIC OVERVIEW
In the years following World War II, government-industry cooperation, a
strong work ethic, mastery of high technology, and a comparatively small
defense allocation (1% of GDP) helped Japan develop a technologically advanced
economy. Two notable characteristics of the post-war economy were the close
interlocking structures of manufacturers, suppliers, and distributors, known as
keiretsu, and the guarantee of lifetime employment for a substantial portion of
the urban labor force. Both features are now eroding under the dual pressures
of global competition and domestic demographic change. Japan's industrial
sector is heavily dependent on imported raw materials and fuels. A tiny
agricultural sector is highly subsidized and protected, with crop yields among
the highest in the world. Usually self-sufficient in rice, Japan imports about
60% of its food on a caloric basis. Japan maintains one of the world's largest
fishing fleets and accounts for nearly 15% of the global catch. For three
decades, overall real economic growth had been spectacular - a 10% average in
the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s. Growth
slowed markedly in the 1990s, averaging just 1.7%, largely because of the after
effects of inefficient investment and an asset price bubble in the late 1980s
that required a protracted period of time for firms to reduce excess debt,
capital, and labor. Measured on a purchasing power parity (PPP) basis that
adjusts for price differences, Japan in 2011 stood as the fourth-largest economy
in the world after second-place China, which surpassed Japan in 2001, and
third-place India, which edged out Japan in 2011. A sharp downturn in business
investment and global demand for Japan's exports in late 2008 pushed Japan
further into recession. Government stimulus spending helped the economy recover
in late 2009 and 2010, but the economy contracted again in 2011 as the massive
9.0 magnitude earthquake in March disrupted manufacturing. Electricity supplies
remain tight because Japan has temporarily shut down almost all of its nuclear
power plants after the Fukushima Daiichi nuclear reactors were crippled by the
earthquake and resulting tsunami. Estimates of the direct costs of the damage -
rebuilding homes, factories, and infrastructure - range from $235 billion to
$310 billion, and GDP declined almost 0.5% in 2011. Prime Minister Yoshihiko
NODA has proposed opening the agricultural and services sectors to greater
foreign competition and boosting exports through membership in the US-led
Trans-Pacific Partnership trade talks and by pursuing free-trade agreements
with the EU and others, but debate continues on restructuring the economy and
reining in Japan's huge government debt, which exceeds 200% of GDP. Persistent
deflation, reliance on exports to drive growth, and an aging and shrinking
population are other major long-term challenges for the economy.
|
Source : CIA |
AHS CO LTD
KK AHS
Asahi Bldg 5F,
3-9-1 Ueno Taitoku Tokyo 110-0005 JAPAN
Tel:
03-6715-6580 Fax: 03-6715-6581
URL: http://www.ah-s.com/
E-mail: info@ah-s.com
Import,
export of software/hardware, OA equipment
Nil
TOMOHIDE
OGATA, PRES
Masaru
Taguchi, dir
Yen
Amount: In million Yen, unless
otherwise stated
FINANCES R/WEAK A/SALES Yen 300 M*
PAYMENTSUSUALLY
CORRECT CAPITAL Yen 10 M
TREND SLOW WORTH Yen 53 M
STARTED 2005 EMPLOYES 12
*.. Only estimated as not
disclosed
TRADING
FIRM SPECIALIZING IN PC SOFTWARE/HARDWARE
FINANCIAL SITUATION CONSIDERED
RATHER WEAK BUT SHOULD BE GOOD FOR MODERATE BUSINES ENGAGEMENTS
The subject company was established by Tomohide Ogata in
order to make most of his experience in the subject line of business. This is a trading firm specializing in
import, export and wholesale of PC software/hardware, OA equipment, other (See OPERATION). Client is exclusively Softbank BB.
The firm stopped to disclose financials as from the May/2011
fiscal term. It is only estimated that
the sales amounted to Yen 300 million for the May/2012 fiscal term. They are only estimated and not
verified. No outside sources report the
figures at all
The financial situation is considered RATHER WEAK but should
be good for MODERATE business engagements.
Date Registered: Aug 2005
Regd No.: 0105-01-025772 (Tokyo-Taitoku)
Legal Status: Limited
Company (Kabushiki Kaisha)
Authorized: 800 shares
Issued: 200 shares
Sum: Yen
10 million
Major shareholders (%):
Tomohide Ogata (100)
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports, exports and wholesales PC software/hardware,
TV tuner card, TV box, OA equipment, other (--100%).
(Business details):
Software Business: planning/development/distribution,
corporate/education license, software OEM provision, production support,
development and provision of modules;
Hardware Business: planning/development/distribution,
hardware OEM provision, import/export of hardware;
Digital Contents Business: music distribution, import,
export of digital contents;
IT Solution Business: product consulting, marketing
consulting, web marketing and production support, SEO support.
Clients: [Marketer] Softbank BB
No. of accounts: 1
Domestic areas of activities:
Centered in greater-Tokyo
Payment record:
Usually Correct
Location:
Business area in Tokyo. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References:
MUFG
(Aoyama)
Shoko
Chukin Bank (Ueno)
Relations:
Money Deposit & Transfers only
(In
Million Yen)
NOT DISCLOSED AND UNAVAILABLE
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.54.38 |
|
UK Pound |
1 |
Rs.82.32 |
|
Euro |
1 |
Rs.69.54 |
INFORMATION DETAILS
|
Report
Prepared by : |
NLM |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the
strongest capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet
normal commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be
exercised |
Credit
not recommended |
|
-- |
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.