|
Report Date : |
04.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
KOBAYASHI SHOJI K.K. |
|
|
|
|
Registered Office : |
Kyodo Bldg. Uchikanda 6F., 2-11-6, Uchikanda, Chiyoda-ku, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
20.02.1956 |
|
|
|
|
Com. Reg. No.: |
0100-01-015881 |
|
|
|
|
Legal Form : |
Private |
|
|
|
|
Line of Business : |
Trader of Medical Instruments and Devices. |
|
|
|
|
No of Employees : |
5 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
US$ 500,000 |
|
Status : |
Small Business |
|
Payment Behaviour : |
No Complaints |
|
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Japan |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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. Prime Minister Shinzo ABE has declared the economy his
government's top priority; he has overturned his predecessor's plan to
permanently close nuclear power plants and is pursuing an economic revitalization
agenda of fiscal stimulus, monetary easing, and structural reform. Japan joined
the Trans Pacific Partnership negotiations in 2013, a pact that would open
Japan's economy to increased foreign competition and create new export
opportunities for Japanese businesses. 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 is exceeding 230% of GDP. To
help raise government revenue and reduce public debt, Japan decided in 2013 to
gradually increase the consumption tax to a total of 10% by the year 2015.
Japan is making progress on ending deflation due to a weaker yen and higher
energy costs, but reliance on exports to drive growth and an aging, shrinking
population pose other major long-term challenges for the economy.
|
Source
: CIA |
KOBAYASHI SHOJI
K.K.
========
Country:
Company name: KOBAYASHI SHOJI K.K.
Name in local language: KOBAYASHI
SHOJI K.K.
Office address: Kyodo Bldg. Uchikanda 6F.,
2-11-6, Uchikanda, Chiyoda-ku, Tokyo 101-0047
Office tel: 03-3256-7971
Office fax: 03-3258-0888
Website: www.kobayashi-shoji.com
Business type: Trader
Industry: Medical
instruments and devices
Established: February 20, 1956
Capital: Jp.
30,000,000 yen
Employees: 5
Corporate formation: Private
Corporation No.: 0100-01-015881
(Tokyo Legal Affairs Bureau)
=====================
Paid in capital : Jp.
30,000,000 yen
Number of authorized shares : 128,000
shares
Shares issued : 48,000
shares
Number of shareholder : 2
Name of shareholders
Number of
shares (%)
-----------------------------------------------------------------------------------------------------------
Mr. Takashi Kobayashi, President 24,480
shares (51.0)
Ms. Takako Kobayashi, former director 23,520
shares (49.0)
-----------------------------------------------------------------------------------------------------------
Total
48,000 shares
(100.0)
===========================================
Activity Product/Service
Description
-------------------------------------------------------------------------------
Trading Medical devices
Trading Medical instruments
==================
President Mr. Takashi Kobayashi
Nationality: Japan
Director Mr. Keisuke Kobayashi
Nationality: Japan
Nationality: Japan
Auditor Ms. Kimie Kobayashi
Nationality: Japan
Note: The names of director(s) and auditor(s) are phonetically spelt.
*Key Personnel*
==============
Mr. Takashi Kobayashi
President and representative director
Born on February 26, 1950
Home address: 20-23, Yayoidai, Izumi-ku, Yokohama-shi, Kanagawa 245-0008
===========
Currency: (local currency - Jp. yen)
-------------------------------------------------------------------------------------
Year | Sales | Net Income
-------------------------------------------------------------------------------------
|
2008 |
1,989,000,000 |
70,200,000 |
|
2009 |
1,764,000,000 |
63,049,000 |
|
2010 |
1,757,932,000 |
51,561,000 |
|
2011 |
1,890,000,000 |
70,000,000 |
|
2012 |
1,648,012,000 |
71,489,000 |
|
2013 |
1,854,000,000 |
130,000,000 |
=====================
*Book Closing*
============
December 31st
*Financials*
==========
As a private limited company, no official financial statement is
required to be disclosed publicly.
*Bank Details*
============
Bank Name : Bank of
Tokyo-Mitsubishi UFJ, Ltd.
Branch : Kanda
Bank Name : Sumitomo Mitsui
Banking Corp.
Branch : Kanda
Bank Name : Mizuho Bank, Ltd.
Branch : Kanda-ekimae
*Credit Opinion*
=============
The subject is a Tokyo-based small-sized but long-standing firm
specializing in trading of specific medical devices and machines with 58-year
business history.
A steady performance has been maintained for recent eight years as long
as we know of.
A weaker currency would be further favorable for the subject.
Although the exact financial condition is not available due to
non-disclosure of its financial statements, there would be a certain amount of
retained earnings.
Negative factors are not observed in particular at present.
Our standard suggestion would be up to US$ 500,000 on terms of 90 days.
========================================
*Main Products & Services*
======================
Export and wholesale of the following medical devices and instruments:
Stainless steel cannulas
Processed tubes
Needles of syringe
Machines for cannulas
Other medical devices
======================
*Address*
=========
Registered address is the same as the operational address.
*Company History*
================
Date Development
-----------------------------------------------------------------------------------------------
February 20, 1956 Incorporated.
August 10, 1967 Relocated
to the current address from following address;
1-1,
Kanda-nishiki-cho, Chiyoda-ku, Tokyo
================
*Suppliers*
==========
Misawa Medical Industries Co., Ltd.
Funatogawa Seisakusho K.K.
Fuji Seiko Co., Ltd.
Dr. Japan Inc.
Kaneko Medix Corp.
Saito Medical Industry Co., Ltd.
Other business counterparts
Import from Italy
*Customers*
==========
Export to overseas distributors such as Germany, France, Italy etc.
(95%)
Domestic business counterparts (5%)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.89 |
|
|
1 |
Rs.96.83 |
|
Euro |
1 |
Rs.76.57 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
TPT |
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.