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Report Date : |
15.11.2013 |
IDENTIFICATION DETAILS
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Name : |
EURO PACIFIC
(JAPAN) LTD |
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Registered Office : |
3-54-13
Sendagaya Shibuyaku Tokyo 151-0051 |
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Country : |
Japan |
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Financials (as on) : |
31.07.2012 |
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Date of Incorporation : |
August 1997 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Import, wholesale, retail of sneakers,
clothing, bags |
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No. of Employees : |
45 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
COMPANY NAME AND
ADDRESS
EURO PACIFIC (JAPAN) LTD
REGD NAME: KK
Euro Pacific Japan
MAIN OFFICE: 3-54-13
Sendagaya Shibuyaku Tokyo 151-0051 JAPAN
Tel:
03-5785-2101 Fax: 03-5785-2116
URL: http//:www.buffalo-japan.com
E-mail: buffalo@europacific.co.jp
ACTIVITIES
Import,
wholesale, retail of sneakers, clothing, bags
STORES
Tokyo
(3), Shizuoka, Fukuoka, Kumamoto
OFFICER(S)
STEVEN
SNEDON, PRES
Yen
Amount: In million Yen, unless otherwise
stated
SUMMARY
FINANCES FAIR A/SALES Yen 1,600 M
PAYMENTS NO
COMPLAINTS CAPITAL Yen 10 M
TREND UP WORTH Yen 347 M
STARTED 1997 EMPLOYES 45
COMMENT
IMPORTER,
WHOLESALER AND RETAILER SPECIALIZING IN SHOES
& CLOTHING.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS
HIGHLIGHTS
The subject company was established by Buffalo London, UK as
its marketing office in Japan. This is
an import agent for primarily boots, high-sole sneakers of Buffalo & Gola
brands, from Europe centrally. It also
handles Stride, General Public and other brands (See OPERATION). Operates a total
6 stores, centrally in Tokyo and Kyushu Island.
Goods are also sold online.
FINANCIAL INFORMATION
Financials are only partially disclosed. Profits are not disclosed and only estimated.
The sales volume for Jul/2012 fiscal term amounted to Yen
1,600 million, a 23% up from Yen 1,300 millionth in the previous term. Thanks to the name brands the firm enjoys
good marketing share. The net profit is
thought remained unchanged at Yen 11 million.
.The firm does not disclose.
For the term that ended Jul 2013 the net profit was
projected at Yen 12 million, on a 3% rise in turnover, to Yen 1,650
million. Final results are not released
as yet.
The financial situation is considered maintained FAIR and
good for ORDINARY business engagements.
REGISTRATION
Date Registered: Aug 1997
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
400 shares
Issued:
200 shares
Sum: Yen 10 million
Major shareholders (%):
Buffalo London, UK (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports, wholesales and retails
sneakers, boots (--60%), clothing, bags, other accessories (--40%).
(Wholesale 70%, retail 30%)
(Handling brands): Gola, Buffalo, TERRA PLANA,
SWEAR, SIX by SWEAR, miss L-FIRE, SPX, THINE, rouma, SaraSara, Sara Jones,
Insolia, Rubber Duck, native.
Clients: [Consumers, shoe shops, department
stores, chain stores] Urban Research, Odakyu Department Stores, Ships, Front
Retailing Group, Daimaru, Jun, Pal, Hankyu Hanshin Department Stores, Nano
Universe, Beams, Bay Cruise, United Arrows, World, other
No. of
accounts: 300 (Wholesale Div only)
Domestic
areas of activities: Nationwide
Suppliers: [Mfrs, wholesalers] Gola, Buffalo
London, Terra Plana, Swear, miss L-FIRE, SPX, other
Payment record: No
complaints
Location:
Business area in Tokyo. Office premises
at the caption address are leased and maintained satisfactorily.
Bank References: MUFG (Kyodo)
SMBC
(Shinjuku)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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31/07/2013 |
31/07/2012 |
31/07/2011 |
31/07/2010 |
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Annual
Sales |
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1,650 |
1,600 |
1,300 |
975 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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12 |
11 |
11 |
5 |
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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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347 |
336 |
325 |
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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 |
3.13 |
23.08 |
33.33 |
-9.39 |
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Current Ratio |
.. |
.. |
.. |
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N.Worth Ratio |
.. |
.. |
.. |
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N.Profit/Sales |
0.73 |
0.69 |
0.85 |
0.51 |
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Notes: Financials are only partially disclosed. Profits are not disclosed and only estimated.
Forecast
(or estimated) figures for the 31/07/2013 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 |
-- |
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.