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Report Date : |
19.10.2013 |
IDENTIFICATION DETAILS
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Name : |
LYONLYON LTD |
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Registered Office : |
5-2-8 Takamori
Izumiku |
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Country : |
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Financials (as on) : |
31.01.2013 |
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Date of Incorporation : |
February 2011 |
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Com. Reg. No.: |
3700-01-020069 (Sendai-Izumiku) |
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Legal Form : |
Limited Company |
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Line of Business : |
Importer and wholesaler
of baby wear, baby goods, gift goods |
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No. of Employees : |
02 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
Yen 1.0 Million |
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Status : |
Small Company |
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Payment Behaviour : |
Slow |
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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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
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 small agricultural
sector is highly subsidized and protected, with crop yields among the highest
in the world. While self-sufficient in rice production, Japan imports about 60%
of its food on a caloric basis. 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. Modest economic
growth continued after 2000, but the economy has fallen into recession three
times since 2008. A sharp downturn in business investment and global demand for
Japan's exports in late 2008 pushed Japan 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 and the
ensuing tsunami in March disrupted manufacturing. The economy has largely
recovered in the two years since the disaster, but reconstruction in the Tohoku
region has been uneven. Newly-elected Prime Minister Shinzo ABE has declared
the economy his government's top priority; he has pledged to reconsider his
predecessor's plan to permanently close nuclear power plants and is pursuing an
economic revitalization agenda of fiscal stimulus and regulatory reform and has
said he will press the Bank of Japan to loosen monetary policy. Measured on a
purchasing power parity (PPP) basis that adjusts for price differences, Japan
in 2012 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 2012. The new government will continue a longstanding debate 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 |
LYONLYON LTD
KK Lyonlyon
5-2-8 Takamori
Izumiku Sendai Miyagi-Pref 981-3203 JAPAN
Tel:
022-600-8870
URL: http://www.lyonlyon.co.jp
E-Mail address: info@lyonlyon.co.jp
Import,
wholesale of baby wear, baby goods
Nil
MAYUMI
NAKAGOME, PRES
Yen Amount: In million Yen, unless otherwise stated
FINANCES FAIR A/SALES Yen 30 M
PAYMENTS Slow
CAPITAL Yen 3 M
TREND UP WORTH Yen 6 M
STARTED 2011 EMPLOYES 2
IMPORTER OF BABY WEAR, BABY GOODS, OTHERS.
FINANCIAL SITUATION CONSIDERED
FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.
MAX CREDIT
LIMIT: YEN 1.0 MILLION, 30 DAYS NORMAL TERMS
The subject company was established originally in 2005 by Mayumi
Nakagome for importing and retailing baby wear, baby goods, others, on her
account. And was incorporated in
2011. Goods are also retailed. Clients include department stores, clothing
shops, other.
The sales volume for Jan 2013 amounted to Yen 50 million, a 67% up from
Yen 30 million for the initial fiscal term in the previous term. Sales rose with clients networks expanded in
the second fiscal term. The net profit
was posted at Yen 2 million, compared with Yen 1 million a year ago.
For the current term ending Jan 2014 the net profit is projected at Yen 3
million, on a 10% rise in turnover, to Yen 55 million. Weak Yen may raise sales in Yen terms.
The financial situation is considered maintained FAIR and good for
ORDINARY business engagements. Max
credit limit is estimated at Yen 1.0 million, on 30 days normal terms.
Date Registered: Feb 2011
Regd No.: 3700-01-020069 (Sendai-Izumiku)
Legal Status:
Limited Company (Kabushiki Kaisha)
Authorized:
240 shares
Issued: 60 shares
Sum: Yen 3 million
Major shareholders (%): Mayumi Nakagome (100)
Nothing
detrimental is known as to her commercial morality.
Activities: Imports and wholesales baby wear,
baby goods, gift goods, others (--100%)
Goods are partially retailed.
Clients: [Mfrs, wholesalers]
Tokyu Department Store, Actus Co, Tougenkyou Inc, other
No. of accounts: 50
Domestic areas of
activities: Centered in Miyagi-Pref
Suppliers: [Mfrs,
wholesalers] Beauty & the bib, Yamato Logistics, other
Payment record: slow
Location: Business area in
Sendai. Office premises at the caption
address are owned by M Nakagome as her private residence and maintained
satisfactorily.
Bank
References:
MUFG (Sendai-Chuo)
Relations: Money deposits and transfers only
(In Million Yen)
|
Terms Ending: |
|
31/01/2014 |
31/01/2013 |
31/01/2012 |
|
Annual
Sales |
|
55 |
50 |
30 |
|
Recur.
Profit |
|
.. |
.. |
.. |
|
Net
Profit |
|
3 |
2 |
1 |
|
Total
Assets |
|
|
N/A |
N/A |
|
Net
Worth |
|
|
6 |
4 |
|
Capital,
Paid-Up |
|
|
3 |
3 |
|
Div.P.Share(¥) |
|
|
0.00 |
0.00 |
|
<Analytical Data> |
(%) |
(%) |
(%) |
|
|
S.Growth Rate |
10.00 |
66.67 |
ーーー |
|
|
Current Ratio |
|
|
.. |
.. |
|
N.Worth Ratio |
|
.. |
.. |
|
|
N.Profit/Sales |
5.45 |
4.00 |
3.33 |
|
Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/01/2014 fiscal term
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.28 |
|
UK Pound |
1 |
Rs.99.03 |
|
Euro |
1 |
Rs.83.80 |
INFORMATION DETAILS
|
Report
Prepared by : |
MNL |
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.