MIRA INFORM REPORT

 

 

Report Date :

04.10.2013

 

IDENTIFICATION DETAILS

 

Name :

EST CO LTD

 

 

Registered Office :

Maison D’Or Yao-Honmachi 406, 5-8-23 Honmachi Yao Osaka-Pref 581-0003

 

 

Country :

Japan

 

 

Date of Incorporation :

August 2013

 

 

Com. Reg. No.:

1220-01-026818

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Import, wholesale of clothing and clothing accessories

 

 

No. of Employees :

01

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

New Business

 

--

 

COMPANY NAME AND ADDRESS

 

EST CO LTD

 

REGD NAME:   KK EST

MAIN OFFICE:  Maison D’Or Yao-Honmachi 406, 5-8-23 Honmachi Yao Osaka-Pref 581-0003

                        JAPAN

Tel: 072-929-9352     

URL:                 N/A

 

 

ACTIVITIES

 

Import, wholesale of clothing and clothing accessories

 

 

BRANCHES     

 

Nil

 

 

OFFICERS

 

AKIKO KOZU, PRES    

           

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY      

 

FINANCES        UNDETD           A/SALES          Yen 30 M*

PAYMENTS      UNKNOWN       CAPITAL           Yen 3 M

TREND             UNDETD           WORTH            Yen 3 M

STARTED         2013                 EMPLOYES      1

*.. First year target only

 

 

COMMENT      

 

TRADING FIRM SPECIALIZING IN CLOTHING & ACCESSORIES.

FINANCIAL SITUATION CONSIDERED UNDETERMINED DUE TO THE RECENT INCEPTION BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.

                       

MAX CREDIT LIMIT: UNABLE TO BE ASSESSED DUE TO THE RECENT

INCEPTION AND WITHOUT PROVEN BUSINESS

 

HIGHLIGHTS

           

The subject company was established by Akiko Kozu in order to make most of her experience in the subject line of business.  This is a brand new company, operating from her home address, for import and wholesale of clothing and clothing accessories.  Goods are imported from China, other S/E Asian countries.

 

 

FINANCIAL INFORMATION

           

Financials are not yet available.  The first year target is sales Yen 30 million.

 

Both the financial situation and business trends are not determined due to the recent inception but should be good for MODERATE business engagements.  Max credit limit is unable to be assessed due to the recent inception and without proven business.

 

 

REGISTRATION

 

Date Registered:  Aug 2013

Regd No.:         1220-01-026818 (Osaka-Yao)

Legal Status:       Limited Company (Kabushiki Kaisha)

Authorized:         1,000 shares

Issued:                60 shares

Sum:                   Yen 3 million

Major shareholders (%): Akiko Yao (100)

 

Nothing detrimental is known as to her commercial morality.

 

 

OPERATION

           

Activities: Imports and wholesales clothing and clothing accessories (--100%)

 

Clients: Department stores, clothing stores, supermarkets, other

No. of accounts: Unavailable

Domestic areas of activities: Centered in greater-Osaka

Suppliers: [Mfrs, wholesalers] Imported from China, other

 

Payment record: Unknown

 

Location: Business area in Yao, Osaka-Pref.  Office premises at the caption address are owned as her private home residence and maintained satisfactorily.

 

Bank References:         Local Bank (Yao)

                                    Relations: Money deposits and transfers only

 

 

FINANCES

 

(In Million Yen)

 

NOT YET MADE AVAILABLE.

 

 

 

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.