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Report Date : |
05.05.2014 |
IDENTIFICATION DETAILS
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Name : |
TOEI TSUSHO CO LTD |
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Registered Office : |
1622 Komakihara-Shinden Komaki City Aichi-Pref 485-0012 |
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Country : |
Japan |
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Financials (as on) : |
30.06.2013 |
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Date of Incorporation : |
September 1990 |
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Com. Reg. No.: |
1800-01-076196 (Aichi-Komaki) |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Import, wholesale of lumber, building materials, gardening tools &
supplies |
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No. of Employees |
05 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
COMPANY NAME AND ADDRESS
TOEI TSUSHO CO LTD
REGD NAME: KK
Toei Tsusho
MAIN OFFICE: 1622
Komakihara-Shinden Komaki City Aichi-Pref 485-0012 JAPAN
Tel:
0568-77-2321 Fax: 0568-77-0117
URL: N/A
ACTIVITIES
Import, wholesale
of lumber, building materials, gardening tools & supplies
BRANCHES
Nil
OFFICERS
TOSHIKI HATANO,
PRES Yoshiaki Hatano, dir
Sumiyo Hatano, dir Teruhisa Hatano, dir
Yen Amount: In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 213 M
PAYMENTS SLOW BUT CORRECT CAPITAL Yen 10 M
TREND SLOW WORTH Yen
88 M
STARTED 1990 EMPLOYES 5
COMMENT
IMPORTER OF LUMBER, BUILDING MATERIALS, OTHER.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS.
HIGHLIGHTS
The subject company was established by Toshiki Hatano in order to make
most of his experience in the subject line of business. This is a family-based trading firm for
importing and wholesaling lumber, building materials, gardening tools &
supplies, other. Goods are imported from
Philippines, Indonesia, India, Australia, China, Taiwan, other. Goods are all shipped to Taketou Shoten,
wholesaler of gardening tool & supplies, at the caption address, pres
Toshiki Hatano, concurrently..
FINANCIAL INFORMATION
Financials are disclosed only partially.
The sales volume for Jun/2013 fiscal term amounted to Yen 213 million, a
61% down from Yen 545 million in the previous term. This is referred to the transfer of domestic
operations to Taketou Shoten, a group firm, as mentioned above. The net profit was posted at Yen 27 million,
compared with Yen 16 million a year ago.
For the current term ending Jun 2014 the net profit is projected at Yen
30 million, on a 3% rise in turnover, to Yen 220 million.
The financial situation is considered FAIR and good for ORDINARY
business engagements.
REGISTRATION
Date Registered: Sept
1990
Regd No.:
1800-01-076196 (Aichi-Komaki)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 800 shares
Issued: 200 shares
Sum: Yen 10 million
Major
shareholders (%): Toshiki Hatano (25), and families (--75)
No.
of shareholders: 7
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports and
wholesales lumber, building materials, gardening tools & supplies, other
(--100%)
Clients: [Mfrs,
wholesalers] Taketou Shoten (100%)
No. of accounts: 1
Domestic areas of
activities: Centered in the greater-Nagoya
Suppliers: [Mfrs,
wholesalers] Imports from China, Taiwan, Philippines, Indonesia, India,
Australia, other
Payment record: Slow but correct
Location: Business area in
Komaki City, Aichi-Pref. Office premises
at the caption address are owned and maintained satisfactorily.
Bank References:
MUFG (Komaki)
Ogaki Kyoritsu
Bank (Komaki)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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30/06/2014 |
30/06/2013 |
30/06/2012 |
30/06/2011 |
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Annual
Sales |
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220 |
213 |
545 |
518 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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30 |
27 |
16 |
-14 |
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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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88 |
61 |
45 |
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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 |
3.29 |
-60.92 |
5.21 |
21.60 |
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Current Ratio |
.. |
.. |
.. |
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N.Worth Ratio |
.. |
.. |
.. |
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N.Profit/Sales |
13.64 |
12.68 |
2.94 |
-2.70 |
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Notes: Financials
are only partially disclosed.
Forecast (or
estimated) figures for the 30/06/2014 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 |
-- |
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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.