MIRA INFORM REPORT

 

 

Report Date :

07.02.2014

 

IDENTIFICATION DETAILS

 

Name :

INTENSE CO LTD

 

 

Registered Office :

Kami-Shinozaki Edogawaku Tokyo 133-0054

 

 

Country :

Japan

 

 

Financials (as on) :

31.03.2013

 

 

Date of Incorporation :

November 2005

 

 

Com. Reg. No.:

0117-01-010559 (Tokyo-Edogawaku)

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Importer, Exporter, Wholesaler of chemicals, foodstuffs

 

 

No of Employees :

10

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 


 

COMPANY NAME & ADDRESS

 

INTENSE CO LTD

REGD NAME:    Intense KK

MAIN OFFICE:  Kami-Shinozaki Edogawaku Tokyo 133-0054 JAPAN

Tel: 03-3679-8651      Fax: 03-3678-6699

 

URL:                 Error! Hyperlink reference not valid.in-tense.co.jp

E-Mail address: (thru the URL)

 

 

ACTIVITIES

 

Import, export, wholesale of chemicals, foodstuffs, other

 

 

BRANCHES

 

Tokyo, other (Tot 3)

 

 

OVERSEAS

 

India (3)

 

 

OFFICERS

 

YUKIHIRO FUJIKAWA, PRES

Hiroshi Fujikawa, dir

Yoichi Nakamura, dir

 

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCESFAIR                                         A/SALES            Yen 970 M

PAYMENTSNO COMPLAINTS                 CAPITAL           Yen 72 M

TREND           UP                                       WORTH            Yen 105 M

STARTED      2005                                    EMPLOYES        10

 

 

COMMENT

 

TRADING FIRM SPECIALIZING IN CHEMICALS AND FOODSTUFFS.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

 

 

HIGHLIGHTS

 

The subject company was established by father of Yukihiro Fujikawa in order to make most of his experience in the subject line of business.  This is a specialized trader concentrating on Indian trade for import, export and wholesale of chemicals, foodstuffs, other (See OPERATION).  It also exports medical drugs from Europe to south India.  Clients include ink makers, food makers, other.

 

 

FINANCIAL INFORMATION

 

Financials are only partially disclosed.

 

The sales volume for Mar/2013 fiscal term amounted to Yen 970 million, a 16% up from Yen 835 million in the previous term.  Medical drugs from Europe to India rose.  The net profit marked time at Yen 6 million.

 

For the current term ending Mar 2014 the net profit is projected at Yen 10 million, on a 13% rise in turnover, to Yen 1,100 million.  Business is seen expanding steadily. 

 

The financial situation is considered FAIR and good for ORDINARY business engagements. 

 

 

REGISTRATION

 

Date Registered:                    Nov 2005

Regd No.:                               0117-01-010559 (Tokyo-Edogawaku)

Legal Status:                   Limited Company (Kabushiki Kaisha)

Authorized:                      5,835 shares

Issued:                              1,458 shares

Sum:                                Yen 72.9 million

      Major shareholders (%): Yoichi Nakamura (75), Katsuyo Fujikawa (7), Yukihiro Fujikawa (6), Hiroshi Fujikawa (5)

No. of shareholders:        7

 

Nothing detrimental is known as to the commercial morality of executives.

 

 

OPERATION

 

Activities: Trading firm for import, export and wholesale of chemicals, foodstuffs, medical drugs, other (--100%)

 

(Handling Items):

 

Chemicals: Ceramic products (bauxite, kaolin, other), Zircon (zircon sand, zircon oxide), activated carbon, other

 

Foodstuffs: spices, food additives, functional foodstuffs, organic spice, dairy products, cheese, other, fruits, organic beans, other

 

Pharmaceutical drugs: Exports from Europe to west India

 

Clients: Housing materials makers, ink makers, food makers, bags/shoes makers, other 

No. of accounts: 300

Domestic areas of activities: Nationwide

 

Suppliers: [Mfrs, wholesalers] Imports from India

Supplied from Nissei Kyoeki Co for exports

 

 

PAYMENT RECORD

 

Regular

 

 

LOCATION

 

Business area in Tokyo.  Office premises at the caption address are owned and maintained satisfactorily.

 

 

BANK REFERENCES

 

Higashi-Nippon Bank (Mizue)

SMBC (Edogawa)

Relations: Satisfactory

 

 

FINANCES

 

(In Million Yen)

Terms Ending:

 

31/03/2014

31/03/2013

31/03/2012

31/03/2011

Annual Sales

 

1,100

970

835

640

Recur. Profit

 

..

..

..

..

Net Profit

 

10

6

6

51

Total Assets

 

 

N/A

N/A

N/A

Net Worth

 

 

105

99

93

Capital, Paid-Up

 

 

72

72

72

Div.P.Share(¥)

 

 

0.00

0.00

0.00

<Analytical Data>

(%)

(%)

(%)

(%)

    S.Growth Rate

13.40

16.17

30.47

89.91

    Current Ratio

 

 

..

..

..

    N.Worth Ratio

 

..

..

..

    N.Profit/Sales

0.91

0.62

0.72

7.97

 

Notes: Financials are only partially disclosed.

Forecast (or estimated) figures for the 31/03/2014 fiscal term.


 

INFORMATION DETAILS

 

Report Prepared by :

DPT

 

 

 

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%)

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.