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Report Date : |
01.04.2014 |
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 : |
August, 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 : |
Import, export of software/hardware, OA equipment |
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No. of Employees : |
12 |
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 |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 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 2013 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 225% 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
REGD NAME: KK AHS
MAIN OFFICE: 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
In million Yen, unless otherwise stated
FINANCES R/WEAK A/SALES Yen 300 M*
PAYMENTS UNKNOWN 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: Unknown
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
NOT DISCLOSED AND
UNAVAILABLE
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
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|
1 |
Rs.99.85 |
|
Euro |
1 |
Rs.82.58 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
RATING EXPLANATIONS
|
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 |
|
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 |
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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.