|
Report Date : |
05.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
ATAWAY JAPAN K.K. |
|
|
|
|
Registered Office : |
Hibiya Marine Bldg. 8F., 1-5-1, Yuraku-cho, Chiyoda-ku, Tokyo 100-0006 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Date of Incorporation : |
12.05.2008 |
|
|
|
|
Com. Reg. No.: |
0100-01-136327 |
|
|
|
|
Legal Form : |
Private |
|
|
|
|
Line of Business : |
Service provider of System consulting |
|
|
|
|
No. of Employees : |
17 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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 |
NOTE
In absence of financials, no credit limit could be recommended.
ATAWAY JAPAN K.K.
Country: Japan
Company name: ATAWAY JAPAN K.K.
Name in local language: NIHON
ATAWAY K.K.
Office address: Hibiya Marine Bldg. 8F., 1-5-1,
Yuraku-cho, Chiyoda-ku,
Tokyo 100-0006
Office tel: 03-6206-1444
Office fax: 03-6206-1445
Website: www.ataway.com
Business type: Service
Industry: System consulting
Established: May 12, 2008
Capital: Jp. 10,000,000 yen
Employees: 17
Corporate formation: Private
Corporation No.: 0100-01-136327
(Tokyo Legal Affairs Bureau)
Paid in capital : Jp.
10,000,000 yen
Number of authorized shares : 10,000
shares
Shares issued : 10,000
shares
Number of shareholder : 1
Ms. Michelle Izoir Jean, representative director, holds 100 percent.
Activity Product/Service
Description
-------------------------------------------------------------------------------
Service System
consulting
President Mr. Masayasu Nozaki (*)
Nationality: Japan
Director Ms.
Michelle Izoir Jean (*) (Non-resident)
Nationality: France
Director Mr. Baptiste Cazaril Jean (*)
(Non-resident)
Nationality: France
Note: The names of director(s) and auditor(s) are phonetically spelt.
(*) = representative
directors
*Key Personnel*
==============
Mr. Masayasu Nozaki
President and representative director
Business career:
June 1, 2010: Representative director of the subject.
Home address: Gracia Futamatagawa, 1-43-28, Futamatagawa, Asahi-ku,
Yokohama-shi
The shareholder & representative director, Ms. Michelle Izoir Jean,
lives in Baracia, France.
Currency: (local currency - Jp. yen)
-------------------------------------------------------------------------------------
Year | Sales | Net Income
-------------------------------------------------------------------------------------
2008 n. a. loss 40,000
FINANCIAL
DESCRIPTION
=====================
*Book Closing*
============
December 31st
*Financials*
==========
As a private limited company, no official financial statement is
required to be disclosed publicly.
*Bank Details*
============
Bank Name : Sumitomo Mitsui
Banking Corp.
Branch : Shibuya
*Credit Opinion*
=============
The subject is owned by one person, based in France, not a corporation.
Its website introduces itself as follows:
Quote:
We are your ERP and business process experts.
Ataway was founded by PeopleSoft Finance consultants more than 10 years
ago. Expertise in the product was our key differentiator early on, which helped
us build our reputation as a team of global application experts.
This expertise became a cornerstone of our ability to cover a wider
scope of increasingly complex projects, while at the same time building the
necessary infrastructure to support these projects.
Ten years on, to better serve its customers, Ataway has now extended its
scope to not only PeopleSoft Finance, but also to the entire Oracle ERP family
(PeopleSoft, Campus Solutions, eBusiness, Fusion). We now cover all back office
processes, including Finance, Human Resources, Payroll, Customer Relationship
Management, Supply Chain Management and Procurement.
From an infrastructure standpoint, Ataway is now present in 11 countries
around the world with more than 350 consultants.
Our two Service Centers in Shanghai and Buenos Aires enable us to
provide offshore solutions for the most recurring ERP needs: Application
Maintenance, Functional and Technical Support, Upgrade, Application Hosting,
Training, Offshore Development and Testing. We are also currently investing in
Europe, where we plan to set up a new center to better serve our customers.
Over the past 10 years, Ataway has focused its efforts on developing the
teams and tools necessary to better serve our customers’ ERP and back office
needs.
With our product expertise still at the core of how we define ourselves,
Ataway continues to deliver more value to our customers.
Unquote:
The website shows its worldwide network for business including Japan.
But the information on the subject is only about the firm name and
address etc.
Neither financial nor trade reference has been disclosed.
It would be advisable to research the whole group of Ataway S.A. to make
sure who they are.
As for the subject itself, it would be advisable to enter into any business
under well-secured conditions.
No recommendation for any open accounts at this moment.
*Main Products & Services*
======================
System consulting
*Address*
=========
Registered address is the same as the operational address.
*Company History*
================
Date Development
-----------------------------------------------------------------------------------------------
May 12, 2008 Incorporated at the following address:
Umehara Bldg. 1&2F., 3-1-27,
Roppongi, Minato-ku, Tokyo
October 2, 2010 Relocated to the current address.
TRADE REFERENCES
================
*Suppliers*
==========
The group companies
*Customers*
==========
General corporation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.88 |
|
UK Pound |
1 |
Rs.97.02 |
|
Euro |
1 |
Rs.76.13 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared by
: |
SHG |
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.