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Report Date : |
02.01.2014 |
IDENTIFICATION DETAILS
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Name : |
KK SKM |
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Registered Office : |
YS Daini 5F, 2-47-7 Matsubara Setagsyaku |
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Country : |
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Financials (as on) : |
31.03.2013 |
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Date of Incorporation : |
March 2006 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Imports and wholesales egg powder, egg
products |
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No. of Employees : |
08 |
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 |
COMPANY NAME AND ADDRESS
KK SKM JAPAN
REGD NAME
KK SKM Japan
MAIN OFFICE
YS Daini 5F,
2-47-7 Matsubara Setagsyaku
Tel:
03-6304-73313 Fax: 03-5301-3888
URL: http:/www.skm.japan.jp
E-Mail address: (thru the URL)
ACTIVITIES
Import, export,
wholesale of egg powder, egg products
BRANCHES
India
FACTORIES
(mfr’d in
India-SKM (India)
OFFICERS
MASAMI OOI, PRES
Minami Ooi, dir
In million Yen,
unless otherwise stated
SUMMARY
FINANCES FAIR SALES Yen 1,176 M
PAYMENTS SLOW BUT CORRECT CAPITAL Yen 10
TREND UP NET
WORTH Yen 44 m
STARTED 2006 EMPLOYS 8
COMMENT
TRADING FRIM SPECIALIZING IN EGG PRODUCTS.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
HIGHLIGHTS
The subject company was established by Masami Ooi in order to make most
of his experience in the subject line of business. This is a trading firm for importing and
wholesaling egg power, egg products, other from SKM India (the largest egg
producer in India).Clients include bakeries, confectioner makers, other
FINANCIAL INFORMATION
Financials are only partially disclosed.
The sales volume for Mar/2013 fiscal term amounted to Yen 1,176 million,
a 30% up from Yen 907 million in the previous term. Demand rose from confectionery and bakery
makers. The net profit was posted at Yen
7 million, compared with Yen 6 million a year ago.
For the current term ending Mar 2014 the net profit is projected at Yen
10 million, on a 5% rise in turnover, to Yen 1,230 million. Business is seen expanding steadily
The financial situation is considered FAIR and good for ORDINARY
business engagements.
REGISTRATION
Date Registered: Mar
2006
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 800 shares
Issued: 200 shares
Sum: Yen 10 million
Major shareholders (%): Masami Ooi (100))^
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports and
wholesales egg powder, egg products, other (--100%)^
Clients: [Mfrs,
wholesalers] Orgsno Inc, Maruzen, Cupie Tamago (tamago is egg), Ajinomoto Inc,
Oriental, other
No. of accounts:
300
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Imports from SKM (India)
Payment record: Slow but correct
Location: Business area in
Tokyo. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References: MUFG (Sasazuka)
SMBC
(Hatagaya)
Relations:
Satisfactory
FINANCES
(In Million
Yen)
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Terms Ending: |
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31/03/2014 |
31/03/2013 |
31/03/2012 |
31/03/2011 |
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Annual
Sales |
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1,230 |
1,176 |
907 |
912 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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10 |
7 |
6 |
7 |
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Total
Assets |
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N/A |
N/A |
N/A |
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Net
Worth |
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44 |
37 |
31 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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Div.P.Share(¥) |
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0.00 |
0.00 |
0.00 |
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<Analytical Data> |
(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
4.59 |
29.66 |
-0.55 |
-0.87 |
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Current Ratio |
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.. |
.. |
.. |
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N.Worth Ratio |
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.. |
.. |
.. |
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N.Profit/Sales |
0.81 |
0.60 |
0.66 |
0.77 |
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Notes: Financials
are only partially disclosed.
Forecast (or estimated)
figures for the 31/03/2014 fiscal term.
RATING EXPLANATIONS
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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.