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Report Date : |
11.04.2014 |
IDENTIFICATION DETAILS
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Name : |
766 CO LTD |
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Registered Office : |
766 Shimoonkatamachi
Hachioji City Tokyo-Metrop
192-0154 |
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Country : |
Japan |
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Date of Incorporation : |
December 2011 |
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Com. Reg. No.: |
0101-01-010147 (Tokyo-Hachioji) |
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Legal Form : |
Limited Company |
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Line of Business : |
importer and wholesaler of wheel chairs & accessories, assistance goods for handicapped and aged persons |
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No. of Employees |
03 |
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 – december 01, 2013
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Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
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Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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.
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Source : CIA |
766 CO LTD
KK 766
766 Shimoonkatamachi Hachioji City
Tokyo-Metrop 192-0154 JAPAN
Tel:
042-650-0766 Fax: 042-650-0767
URL http://www.
g-766.bizE-Mail address: (thru
the URL)
Import wholesale of wheel chairs & accessories
In million Yen, unless otherwise stated
FINANCES UNDETD A/SALES Yen 50 M*
PAYMENTSUnknown CAPITAL Yen 20 M
*.. Only
estimated as not disclosed; **.. Expressed by the paid-up capital
TRADING FIRM SPECIALIZING IN WHEEL
CHAIR AND ACCESSORIES.
Regd No.: 0101-01-010147 (Tokyo-Hachioji)
Legal Status:
Limited Company (Kabushiki Kaisha)
Major shareholders (%): Yoshiki Okano (100)
Nothing detrimental is known as to his commercial morality of executives.
Clients: Welfare stores, welfare associations, other
Domestic areas of activities: Centered in greater-Tokyo
Suppliers: [Mfrs, wholesalers] Goods are imported and supplied from domestic makers.
Unit
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Overall operation is considered normal. Capable to
meet normal commitments. |
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Capability to overcome financial difficulties seems
comparatively below average. |
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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.