MIRA INFORM REPORT

 

 

Report Date :

16.09.2014              

 

IDENTIFICATION DETAILS

 

Name :

CJ CHEILJEDANG CORPORATION

 

 

Registered Office :

330, Dongho-ro, Jung-gu, Seoul, Korea, CJ Cheiljedang Bldg. 100-400

 

 

Country :

South Korea

 

 

Financials (as on) :

30.06.2014

 

 

Date of Incorporation :

04.09.2007

 

 

Com. Reg. No.:

104-86-09535

 

 

Legal Form :

Listed Company

 

 

Line of Business :

Manufacture of Glucose and Glucose Syrup, Maltose, Sugar, Wheat Flour, Medicine, Feeds

 

 

No. of Employees :

4,700

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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 01, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

South Korea

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

SOUTH KOREA - ECONOMIC OVERVIEW

 

South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion-dollar club of world economies, and is currently the world's 12th largest economy. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea's development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. South Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4% annually between 2003 and 2007. South Korea's export focused economy was hit hard by the 2008 global economic downturn, but quickly rebounded in subsequent years, reaching 6.3% growth in 2010. The US-Korea Free Trade Agreement was ratified by both governments in 2011 and went into effect in March 2012. Throughout 2012 and 2013 the economy experienced sluggish growth because of market slowdowns in the United States, China, and the Eurozone. The administration in 2014 is likely to face the challenge of balancing heavy reliance on exports with developing domestic-oriented sectors, such as services. The South Korean economy's long term challenges include a rapidly aging population, inflexible labor market, dominance of large conglomerates (chaebols), and heavy reliance on exports, which comprise about half of GDP

Source : CIA

Basic Information

 

Basic

 

Company Name

CJ CHEILJEDANG CORPORATION

(Korean Company Name : ”CJ제일제당(주)”)

Registered Address

330, Dongho-ro, Jung-gu, Seoul, Korea

Building

CJ Cheiljedang Bldg.

Zip Code

100-400

Tel

+82-2-6740-1114

Fax

+82-2-6740-3189

E-mail

webmaster@cj.net

Website

www.cj.co.kr

Trading Address

CJ Cheiljedang Bldg., 330, Dongho-ro, Jung-gu, Seoul, Korea

(Old Address System : 292, Ssangnim-dong, Jung-gu, Seoul, Korea)

Tel

+82-2-6740-1114

Fax

+82-2-6740-3189

Trading Address-Seoul Branch

7th Fl., Hangyeong Bldg., 441, Jungnim-dong, Jung-gu, Seoul, Korea

Tel

+82-2-6740-0005

Fax

+82-2-6740-1002

Other Address

CJ Bldg., 500, Namdaemunno 5-ga, Jung-gu, Seoul, Korea

Tel

+82-2-726-8114

Fax

+82-2-726-8319  +82-2-6740-1023

Other Address-Daeso Factory

259, Daepung-ri, Daeso-myeon, Eumseong-gun, Chungcheongbuk-do, Korea

Tel

+82-43-530-7007

Fax

+82-43-535-3827

Other Address-Icheon Factory

34-3, Deokpyeong-ri, Majang-myeon, Icheon-si, Gyeonggi-do, Korea

Tel

+82-31-639-4114

Fax

+82-31-639-4004

Other Address-Icheon 2nd Factory

511, Deokpyeong-ri, Majang-myeon, Icheon-si, Gyeonggi-do, Korea

Tel

+82-31-639-4214

Fax

+82-31-639-4229

Other Address-Gimpo Factory

92, Gayang-dong, Gangseo-gu, Seoul, Korea

Tel

+82-2-3660-0740

Fax

+82-2-3660-0727

Other Address-Incheon 1st  Factory

7-121, Sinheungdong 3-ga, Jung-gu, Incheon, Korea

Tel

+82-32-881-2500

Fax

+82-32-881-2534

Other Address-Incheon 2nd  Factory

64, Sinheungdong 3-ga, Jung-gu, Incheon, Korea

Tel

+82-32-881-2615~7

Fax

+82-32-881-2608

Other Address-Incheon 3rd  Factory

51-1, Sinheungdong 3-ga, Jung-gu, Incheon, Korea

Tel

+82-32-881-2691

Fax

+82-32-881-2689

Other Address-Gunsan Factory

43, Soryong-dong, Gunsan-si, Jeollabuk-do, Korea

Tel

+82-63-460-7881

Fax

+82-63-460-7734

Other Address-Yeongdeunpo Factory

636, Guro-dong, Guro-gu, Seoul, Korea

Tel

+82-2-2629-5022

Fax

+82-2-2629-5015

Type

Export/Import

Industry

Manufacture of Glucose and Glucose Syrup, Maltose

  Main Business

Sugar, Wheat Flour, Medicine, Feeds

  Sub Business

Manufacture of Livestock Feeds and Prepared Animal Feeds

Established (mm/dd/yyyy)

09/04/2007

The Subject owns the premises of Gimpo Factory, Icheon Factory, Icheon Factory, Gunsan Factory and Yeongdeunpo Factory.

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Frozen fish(50121537)

Sell

Formulas and products for nutritional support(42231800)

Sell

Shelf stable processed or prepared meats(50112003)

Sell

Dipping sauces or condiments or spreads or marinades(50171830)

Sell

Shampoos(53131628)

Sell

Prepared and preserved foods(50190000)

Sell

Skin care products(53131613)

Sell

Video games(60141104)

Sell

Shampoos(53131628)

Sell

Hair care supplies(53131602)

Sell

Shelf stable fruit(50101636)

Sell

Laundry products(47131811)

Sell

Cereal flour(50221102)

Sell

Cooking sauce(50171831)

Sell

Fresh meat or poultry(50111510)

Sell

Sport or energy drink(50202309)

Sell

Cleaning and disinfecting solutions(47131800)

Sell

Soaps(53131608)

Sell

Vinegars(50171707)

Sell

Baking mixes(50181708)

Sell

Toothpaste(53131502)

Sell

Natural sugars or sweetening products(50161509)

Sell

Prepared and preserved foods(50190000)

Sell

Pesticides or pest repellents(10191500)

Sell

Instant mixes and supplies(50193100)

Sell

Toothbrushes(53131503)

Sell

Skin care products(53131613)

Sell

Artificial sweetening agents(50161510)

Sell

Edible vegetable or plant oils(50151513)

Sell

Ready to eat or hot cereals(50221201)

Sell

Dry food for dogs(10121801)

Sell

Foot care products(53131614)

Sell

Edible vegetable or plant oils(50151513)

Sell

Hand or body lotions(53131607)

Sell

Fresh meat or poultry(50111510)

Sell

Cereal flour(50221102)

Sell

Bath gels(53131612)

Sell

Dishwashing products(47131810)

Sell

Tea drinks(50201712)

Sell

Sun protection products(53131609)

Sell

Razors(53131603)

Sell

Cosmetics(53131619)

Sell

Shaving creams(53131611)

Sell

Nail clippers(53131621)

Sell

Motion pictures on video tape(55111511)

Sell

Feminine hygiene products(53131615)

Sell

Coffee and tea(50201700)

Sell

Domestic spoons(52151704)

Sell

Towels(52121700)

Sell

Jams and jellies and nut and sweet spreads and fruit conserves(50192400)

Sell

Fresh bread(50181901)

Sell

Bird and fowl food(10121600)

Sell

Antineoplastic agents(51110000)

 

CEO’s

 

Name

Sohn Kyung-Shik

Address

-

Date of Birth

09/15/1939

Title

Chairman & CEO

Sex

Male

Nationality

Korean

 

Profiles

 

Capital (KRW)

72,170,555,000

Employees

4,700

Formation

Listed Company (Korea Stock Exchange : 097950) as of 09/28/2007

A Company of CJ Group

Bank Details

Woori Bank-Namsan Branch

Corporate Registered No.

110111-3748253

Business Registered No.

104-86-09535

Permit & Licenses

Int’l Trade No.: 30563678

Shareholder Position

Name

Shares

%

CJ CORP.(110111-0015639)

4,834,878

33.50

NATIONAL PENSION SERVICE(110171-0007134)

1,762,100

12.21

MIRAE ASSET GLOBAL INVESTMENTS CO., LTD.(110111-1441685)

643,505

4.46

TREASURY STOCK

364,005

2.52

OTHERS

6,829,623

47.32

TOTAL

14,434,111

100.00

Company History

09/ 2007 Incorporated (As of 09/01/2007, CJ CORP., has been split into two companies, CJ Corp., and CJ CHEILJEDANG CORPORATION. CJ Corp., exists as a Holding Company, and CJ CHEILJEDANG CORPORATION is newly established with taking the Manufacturing Business Division of CJ Corp.)

02/29/2008 Changed English company name to CJ CHEILJEDANG CORPORATION from CJ CHEILJEDANG CORP.

09/01/2009 Acquired SAM YANG OIL CO., LTD.(110111-0224298)

09/2010 Acquired CJ Global Holdings Limited

03/23/2011 Decide to acquire SHINDONGBANG CP CORPORATION(110111-0068555)

11/01/2011 Acquired HASUNJUNG GENERAL FOOD CO., LTD.(110111-0239833)

12/30/2011 Acquired KOREA EXPRESS CORPORATION(110111-0006167)

04/2014 Split off Pharmaceutical Business Division, and established CJ HEALTHCARE CORPORATION(110111-5379692)

 

 

 

 

Detailed Information

 

Management

 

Job Description

Title

Name

Nationality

Date of Birth

Education/Career

Chairman & CEO

Mr.

Sohn Kyung-Shik

Korean

1939.09.15

Seoul National University, Korea

Chairman & CEO

Mr.

Lee Jay-Hyun

Korean

1960.03.19

Korea University, Korea

President & CEO

Mr.

Kim Chul-Ha

Korean

1952.01.07

Seoul National University, Korea

Outside Director /Auditor

Mr.

Bang Young-Joo

Korean

1954.11.

Seoul National University, Korea

Outside Director

Mr.

Lee Ki-Soo

Korean

1945.12.

Korea University, Korea

Outside Director /Auditor

Mr.

Choi Jung-Pyo

Korean

1953.08.

Sungkyunkwan University, Korea

Outside Director /Auditor

Mr.

Kim Kap-Soon

Korean

1954.05.

Sungkyunkwan University, Korea

 

Mr. Sohn Kyung-Shik

 

Education

MBA, Oklahoma State University (1968)

B.A. in Law, Seoul National University (1961)

Career

Chairman , CJ (Present)

Vice Chairman , Cheil Jedang Corporation (1993)

President,Vice Chairman,Samsung Fire & Marine Insurance Co., Ltd.(1997)

Marketing Manager , Samsung Electronics Co., Ltd. (1968)

Vice President, Korea Food Industry Association

Vice President, Korea Management Association

Member, Board of Directors, Naksan Scholarship Foundation

President , Supporter's Association, Seoul National University

Vice President , Seoul Chamber of Commerce

President, The Korea Chamber of Commerce ＆Industry

 

Awards

Gold Medal of Industry (2002) - Government of Republic of Korea

CEO of the Year Award (2002) - Korea Management Association

Industrial Award of the Year 2001 - Century Top Management Club

 

Mr. Lee Jay-Hyun

 

Education

BA in Law, Korea University (1984)

 

Career

Chairman, CJ (Present)

Vice Chairman, Cheil Jedang Corporation (1997-2002)

Vice President, Cheil Jedang Corporation (1997)

Managing Director, Cheil Jedang Corporation (1993-1997)

Executive Director, Samsung Electronics Co., Ltd. (1993)

Senior Manager, Cheil Foods and Chemicals, Inc. (1985-1993)

Manager, Citibank-Seoul (1983-1985)

 

Awards

Named one of the Global Leaders for Tomorrow,

During the World Economic Forum (1996)

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

(*)06/2014

2,181,791,356,000

6,207,080,027,000

104,702,920,000

(*)2013

4,513,827,392,000

6,216,231,227,000

202,846,101,000

(*)2012

4,671,189,309,000

6,376,699,881,000

179,832,910,000

(*)2011

4,421,058,360,000

6,084,055,736,000

158,547,759,000

(*)2010

3,962,652,400,000

4,687,313,835,000

569,417,315,000

2009

3,838,732,304,000

4,028,579,524,000

272,139,112,000

2008

3,494,878,333,000

3,752,345,368,000

25,366,072,000

2007

1,002,840,555,000

2,197,278,564,000

16,261,823,000

(*)Figures are based on the K-IFRS Accounting System.

 

Financial Description

 

Authorized Capital(KRW)

250,000,000,000

Paid-Up Capital(KRW)

72,170,555,000

Total Issues Shares

14,434,111

 

 

Balance Sheet

 

Unit : Thousand Korean Won

01/01/2014~06/30/2014

As of 12/31/2013

As of 12/31/2012

Total Assets

6,207,080,027

6,216,231,227

6,376,699,881

Current Assets

1,354,004,703

1,311,811,866

1,360,819,848

Cash & Cash Equivalents

286,781,600

165,900,801

63,389,730

Current Financial Instruments

20,409,919

23,768,706

18,144,905

Short-Term Receivables

28,970,635

28,323,808

26,330,702

Trade Receivables

362,277,643

415,407,376

452,036,361

Inventories

521,459,268

534,703,817

657,414,028

Other Current Financial Instruments

103,381,745

112,905,289

119,542,149

Other Current Assets

30,723,893

30,802,069

23,961,973

Non-Current Assets to be Sold

6,037,417

6,047,364

2,566,302

Non-Current Assets

4,847,037,907

4,898,371,997

5,013,313,731

Investment_Related Companies

1,960,085,046

1,692,286,493

1,633,188,964

Tangibles

2,073,589,403

2,307,823,030

2,246,501,032

Intangibles

249,244,728

274,062,369

241,331,162

Investment_Real Estates

113,771,267

163,443,105

162,858,808

Finance Lease Assets

58,522,471

59,456,501

61,324,562

Other Non-Current Financial Instruments

370,646,737

371,261,745

632,221,134

Other Non-Current Assets

21,178,255

30,038,754

35,888,069

Total Liabilities

3,331,746,265

3,415,519,817

3,663,798,593

Current Liabilities

1,776,742,936

1,429,160,620

1,605,871,594

Trade Payables

479,244,260

341,687,787

327,457,968

Short-Term Borrowings

202,820,572

309,090,256

668,525,679

Account Payables

221,981,914

255,109,801

274,127,484

Accrued Income Tax

34,475,613

57,108,606

8,741,248

Current Portion of Provisions

2,648,297

3,131,784

2,902,354

Current Portion of Long-Term Debts

658,818,542

293,469,650

150,526,184

Current Portion of Finance Lease

4,221,872

4,221,872

4,221,872

Other Current Finance Liabilities

123,011,956

118,856,204

136,917,862

Other Current Liabilities

49,519,910

46,484,660

32,450,943

Non-Current Liabilities

1,555,003,329

1,986,359,197

2,057,926,999

Debentures

878,428,314

1,102,612,000

1,194,189,823

Long-Term Borrowings

294,122,588

492,569,899

427,578,250

Finance Lease Debts

58,748,950

58,560,658

58,204,799

Provision for Severance & Retirement

28,219,292

23,830,230

33,594,339

Other Non-Current Financial Debts

11,391,178

13,305,288

14,265,193

Other Non-Current Liabilities

6,127,016

7,142,575

9,190,525

Deferred Income Tax Credit

277,965,991

288,338,547

320,904,070

Capital Stock

72,170,555

72,137,155

72,062,330

Capital Surplus

897,418,707

895,923,362

892,146,629

Others

46,992,533

51,406,749

147,146,172

Profit Surplus

1,858,751,967

1,781,244,144

1,601,546,157

Total Equity

2,875,333,762

2,800,711,410

2,712,901,288

Liab. & Shareholder’s Equity

6,207,080,027

6,216,231,227

6,376,699,881

 

 

Income Statement

 

Unit : Thousand Korean Won

01/01/2014~06/30/2014

As of 12/31/2013

As of 12/31/2012

Sales

2,181,791,356

4,513,827,392

4,671,189,309

Cost of Sold Goods

1,496,829,043

3,154,275,619

3,330,565,157

Gross Profit

684,962,313

1,359,551,773

1,340,624,152

Selling & Admin. Expenses

505,953,417

1,069,328,332

1,094,513,950

Operating Income

179,008,896

290,223,441

246,110,202

Other Operating Income

38,589,965

62,183,138

77,419,601

Other Operating Expenses

52,257,236

178,791,225

122,958,898

Finance Income

45,244,395

243,409,615

158,323,265

Finance Expenses

72,997,128

144,900,229

152,298,885

Income Before Taxes

137,588,892

272,124,740

206,595,285

Income Taxes Expenses

32,885,972

69,278,639

26,762,375

Net Income

104,702,920

202,846,101

179,832,910

 

 

Cash Flows

 

Unit : Thousand Korean Won

01/01/2014~06/30/2014

As of 12/31/2013

As of 12/31/2012

Operating Activities Cash Flows

279,054,272

531,740,425

565,002,196

Cash Flows from Operating

343,491,982

554,812,057

597,894,019

Income Taxes

-64,437,710

-23,071,632

-32,891,823

Cash Flows from Investing

-39,338,554

-69,473,297

-316,404,086

Cash Flows from Financing

-88,832,660

-359,751,961

-228,624,029

Increase/Decrease in Cash

150,880,799

102,511,071

19,964,573

Cash at the Beginning of Year

165,900,801

63,389,730

43,425,157

Cash at the End of Year

286,781,600

165,900,801

63,389,730

 

Products, Technologies, Services Description

 

Main Products & Services

Food & Food Service

The Food & Foodservice Division is the starting point and center of business for CJ. As the largest food & foodservice company in Korea, CJ is creating a dining culture of affluence to pursue the health and happiness of our customers through diverse products and services.

 

Bio Pharma

The Bioengineering Division of CJ is conducting bio-business activities on nucleic acids, as well as amino acids such as lysine and threonine, utilizing mass fermentation technology that complies with international standards. It is advancing in the pharmaceutical field as a leading company through the reestablishment of a business model focused first on generic products and improved new pharmaceuticals.

 

Trade Partners & Competitors

 

Customers

Department Stores, Super, Convenience Store, Discount Stores, Beverage companies, Feed Manufacturers

Competitors

SAMYANG CORPORATION(110111-0026181)

263, YEONJI-DONG, JONGNO-GU, SEOUL, KOREA

TEL:+82-2-740-7114  FAX:+82-2-743-7720

 

TS CORPORATION(120111-0018368)

6-14, BUKSEONGDONG 1-GA, JUNG-GU, INCHEON, KOREA

TEL:+82-32-770-1400  FAX:+82-32-770-1601

 

DAESANG CORPORATION(110111-0327125)

DAESANG BLDG., 96-48, SINSEOL-DONG, DONGDAEMUN-GU, SEOUL, KOREA

TEL:+82-2-2220-9500  FAX:+82-2-2232-3719

 

 

Related Parties (Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates-Domestic

CJ CORP.(110111-0015639)

CJ CGV CO., LTD.(110111-1673220)

SAMHO F&G INC.(110111-0215578)

(46.52% held by the subject company)

 

KOREA EXPRESS CORPORATION(110111-0006167)

CJ HOME SHOPPING CO., LTD.(110111-1109134)

CJ FRESHWAY CORPORATION(180111-0083442)

CJ INTERNET CORP.(110111-0330962)

M-NET MEDIA CORP.(110111-1051814)

CJ DEVELOPMENT CO., LTD.(110111-0699079)

CJ SYSTEMS CO., LTD(110111-1138498)

CJ MEDIA INC.(110111-0972772)

CJ GLS(174811-0001141)

CJ VENTURE INVESTMENT CO., LTD.(110111-1882459)

CJ FOODVILLE CORP.(161511-0036967)

CJ HELLOVISION CO., LTD.(110111-1144297)

JOY RENT A CAR(110111-1235674)

CJ TELENIX CO., LTD.(110111-2146888)

CJ MD1 CORP.(110111-2593758)

(100.0% held by the subject company)

 

SAM YANG OIL CO., LTD.(110111-0224298)

CJ OLIVEYOUNG CO., LTD.(110111-2641565)

CJ HELLOVISION HAEUNDAEGIJANG BROADCASTING CO., LTD(180111-0153576)

SHINDONGBANG CP CORPORATION(110111-0068555)

(99.72% held by the subject company)

 

CJ JOYCUBE CO., LTD.(110111-1453953)

CJ POWERCAST INC.(131111-0107572)

CJ TVN CO., LTD.(110111-2949373)

CJNGCK KOREA(110111-2950982)

ART SERVICE(110111-2356429)

PRIMUS CINEMA(110111-2587090)

SUPER FEED CO., LTD.(141211-0031313)

(99.99% held by the subject company)

 

DONDON FAR CO., LTD.(134511-0083185)

SC LOGIS CO., LTD.(110111-1960362)

CJ IG CO., LTD.(110111-3157199)

JS COMMUNICATIONS(110111-3269043)

ANIPARK CO., LTD.(110111-1896286)

GAMEALLO CO., LTD(110111-2098063)

Affiliates-Domestic

CHAMP VISION INC.(110111-3167081)

CJ SPORTS CO., LTD.(110111-3338947)

CJ N CITY CO., LTD.(110111-3350016)

CJ ENTERTAINMENT INC.(110111-1445231)

GOOD CONCERT CO., LTD.(110111-1985013)

CJ HELLOVISION DREAMCITY BROADCASTING CO., LTD(121111-0057331)

DREAM NETWORKS CO., LTD.(121111-0108639)

TRAUM HOUSING CO., LTD.(134111-0143309)

C&I LEISURE INDUSTRY CORP.(110111-3477969)

SUN TV(110111-3175183)

CJ HELLOVISION YOUNGNAM BROADCASTING CO., LTD.(171111-0004986)

CJ MOOTER INC.(110111-3538175)

BROADBAND SOLUTIONS, INC.(110111-2165177)

HASUNJUNG GENERAL FOOD CO., LTD.(110111-0239833)

(100.0% held by the subject company)

 

CHUNGNAM CABLE TV BROADCASTING CORPORATION(165011-0005273)

KM TV(134111-0122816)

CJ STORY HUB CULTURE INDUSTRY LTD.(110114-0067676)

CLIP SERVICE INC.(110111-1908693)

CJ HELLOVISION JOONG-ANG BROADCASTING CO., LTD(180111-0031566)

CJ CABLENET GEUM-JEONG CO., LTD(180111-0371558)

GAGUM YUSUN BROADECASTING CO., LTD.(180111-0298786)

KOREAN CABLE TV MODOO BROADCASTING CO., LTD.(161111-0007841)

E&C INFRA CO., LTD.(110111-3815193)

HWASUNG BONGDAM PFV(110111-3825241)

D-CINEMA KOREA(110111-3837501)

CJ WORLDIS CO., LTD.(110111-3870527)

SEJUNG DMS CO., LTD.(110111-1596117)

INTERNATIONAL MEDIA GENIUS CO., LTD.(110111-3008673)

O MEDIA HOLDINGS CO., LTD.(110111-4434554)

Affiliates-Overseas

CJ AMERICA, INC.

CJ BAKERY, INC.

CJ PACIFIC CORP.

LEE ENTERTAINMENT L.L.C.

CJ EUROPE GMBH

CJ ORD RIVER SUGAR PTY, LTD.

PT.C.J. INDONESIA

PT.C.J. SUPERFEED

PT. SUPERUNGGAS JAYA

PT. CJ FEED JOMBANG

CJ PHILIPPINES, INC.

CJ DONDON FARM CO., INC

CJ VINA AGRI CO., LTD.

CJ CHINA, LTD.

CJ QINGDAO FOODS CO., LTD.

CJ BEIJING BEVERAGE & FOODS CO., LTD.

CJ CHENGDU FEED CO., LTD.

CJ JAPAN CORP., CJ SHENYANG FEED CO., LTD

CJ QINGDAO FEED CO., LTD.

CJ LIAOCHENG BIOTECH CO., LTD.

CJ GUIYANG FEED CO., LTD.

CJ ZHENGZHOU FEED CO., LTD

CJ NANJING FEED CO., LTD.

CJ TUR YEM VE T.A.S.

CJ BEIJING BAKERY CO., LTD.

CJ TIANJIN FEED CO., LTD.

CJ HARBIN FEED CO., LTD.

CJ INTERNET, INC.

CJ ENTERTAINMENT AMERICA L.L.C.

CJ INTERNET JAPAN CORP.

CJ DO BRASIL LTDA.

CJ MEDIA JAPAN CO., LTD.

ANNIE CHUN'S, CJ(QINGDAO) GLS INC.

CJ FOOD SERVICE CO. LTD.

CJ GLS ASIA PTE.LTD.

LIAOCHENG LANTIAN COGENERATION PLANT CO., LTD.

SHANGHAI SHANGYING CGV CINEMA CO., LTD.

Affiliates-Overseas

CJ NUTRACON PTY.

CJ CHANGSHA FEED CO., LTD.

CJ FOOD SERVICE(SANGHAI) CO., LTD.

PT.CJ GLS INDONESIA

CJ GLOBAL HOLDINGS LIMITED

CJ GLS MALAYSIA SDN.BHD

CJ GLS(C) SHANGHAI CO., LTD.

CJ GLS HONG KONG LIMITED

CJ LOGISTICS NETHERLANDS B.V.

CJ GLS PHILIPPINES., INC.

CJ GLS(S) AIR FREIGHT PTE LTD.

CJ GLS(S) INFOTECH PTE LTD.

CJ GLS(S) SHIPPING PTE LTD.

CONPAC WAREHOUSING PTE LTD.

CJ INTERNATIONAL ASIA PTE. LTD.

CJ CGV AMERICA HOLDINGS, INC

CJ CGV AMERICA LA, LLC.

CJ GLS AMERICA, INC., CJ OMNI, INC.

TOUS LES JOURS USA, LLC.

CJ FEED INDIA PRIVATE LIMITED

CJIT2 HOLDING LIMITED

CJ BAKERY VIETNAM CO., LTD

CJ HOME SHOPPING (BEIJING) CO., LTD.

CJ INTERNATIONAL TRADING CO., LTD.

CJ FOOD COURT, LLC

CJ GLS CENTRAL AMERICA

S.A. DE C.V.

CMI HOLDINGS LIMITED.

EC DISTRIBUTION SND BHD

EC LOGISTICS(M) SDN BHD

EC SERVICE ENTERPRISE SDN BHD

KWIK ENTERPRISE SDN BHD

QUICK LOGISTICS(M) SDN BHD

SUPPLYCHAINSERVICE SDN BHD

Subsidiary

CJ HEALTHCARE CORPORATION(110111-5379692)

CJ DONDON FARM CO., LTD.(141211-0031313)

CJ SEAFOOD CORPORATION(110111-0215578)

YOUNGWOO FROZEN FOODS CO., LTD.(211311-0000955)

WON JI CO., LTD.(110111-0077605)

HAN WON CO., LTD.(164811-0043864)

CJ MD1 CORP.(110111-2593758)

CJ KOREA EXPRESS CORPORATION(110111-0006167)

PECT NEW CONTAINER TERMINAL(180111-0449579)

KOREA EXPRESS SB CO., LTD.(180111-0793140)

KOREA EXPRESS BUSAN NEWPORT DISTRIPARK CO., LTD.(194111-0012403)

CJ KOREA EXPRESS BUSAN CONTAINER TERMINA CO., LTD.(180111-0101252)

KOREA EXPRESS INCHEON CONTAINER TERMINAL CO., LTD.(120111-0551665)

E&C INFRA CO., LTD.(110111-3815193)

JUNG-BU INTEGRATED FREIGHT TERMINAL CO., LTD.(110111-3284158)

KOREA INTEGRATED FREIGHT TERMINAL CO., LTD.(110111-0853576)

Subsidiary

CHEF ONE CORPORATION

7 BUSHWICK PLACE BROOKLYN, NY 11206, USA

 

CJ INTERNATIONAL TRADING CORP

RM.2501 MAXDO CENTRE，NO.8 XING YI ROAD，SHANGHAI CHINA

 

CJ (LIAOCHENG) FEED CO., LTD

 

CJ ACT PTY LTD.

ACN 157 851 226 OF LEVEL 23, RIVERSIDE CENTRE, 123 EAGLE STREET, BRISBANE QLD 4000

 

CJ AMERICA,INC.

3530 WILSHIRE BLVD., SUITE 1220, LOS ANGELES, CA 90010, USA

 

CJ BEIJING BEVERAGE

SHAHESHATANG ROAD CHANGPING DISTRICT BEIJING, CHINA

 

CJ BIO AMERICA INC.

NORTH CENTRAL AGRICULTURAL PARK, 1946 HARVEST DRIVE, FORT DODGE, IA 50501-8828 USA

 

CJ BIO MALAYSIA SDN. BHD.

LEVEL  21, SUITE 21.01, THE GARDENS SOUTH TOWER, MID VALLEY CITY, LINGKARAN SYED PUTRA, 59200 KUALA LUMPUR, MALAYSIA

 

CJ CHANGSHA FEED CO., LTD.

401 SHUGUANG OFFICE, LONGPING INDUSTRIAL - ZONE, CHANG SHA, HUNAN, CHINA

 

CJ CHEILJEDANG MEXICO S.A.DE C.V.

AV INDUSTRIA DE LA TRANSFORMACION 4 PUERTO DE AQUIRRE, QUERETARO, QUERETARO, MEXICO CP76220

 

CJ CHENGDU FEED CO., LTD

NATIONAL CROSS-STRAIT TECHNOLOGY INDUSTRY DEVELOPMENT PARK, CHENGDU SI CHUAN PROVINCE, CHINA

 

CJ CHINA CONSULTING,. LTD.

13F, ONE INDIGO, 20 JIUXIANQIAO ROAD, CHAOYANG DISTRICT, BEIJING, CHINA

 

CJ CHINA, LTD.

SUITE 3003, 30F, CENTRAL PLAZA,18 HARBOUR ROAD, WAN CHAI, HONG KONG

 

CJ DCH GUANGDONG FROZON FOOD CO., LTD

 

CJ DO BRAZIL IND. COM. PROD. ALIM. LTDA.

RODOVIA PIRACICABA-SAO PEDRO, KM 10, DISTRITO DE ARTEMIS, PIRACICABA, SP, CAIXA POSTAL 1218, CEP 13405-971, BRASIL

 

CJ EUROPE GMBH

OBER DER ROETH 4, 65824 SCHWALBACH.TS, GERMANY

Subsidiary

CJ FEED INDIA PRIVATE LIMITED

FLAT NO.1B RAMEA APARTMENT, NO.79, 4TH MAIN ROAD, GANDHI NAGAR, ADYAR, CHENNAI, INDIA

 

CJ GLS EUROPE B.V

WILHELMINAKADE 965 29TH FL, WPC, 3072AP, ROTTERDAM

 

CJ FOODS MANUFACTURING CORPORATION

500 SOUTH STATE COLLEGE BLVD.  FULLERTON, CA 92831 USA

 

CJ GLOBAL HOLDINGS

SUITE 3003, 30F, CENTRAL PLAZA,18 HARBOUR ROAD, WAN CHAI, HONG KONG

 

CJ GLS (VN) FREIGHT CO., LTD

10 PHO QUANG ST.,TAN BINH DIST.,HCMC, VIETNAM

 

CJ GLS AMERICA INC

6131 ORANGETHORPE AVE. SUITE 410, BUENA PARK, CA 90620 USA

 

CJ GLS ASIA PTE.LTD

20 TOH GUAN ROAD #08-00 CJ GLS BUILDING SINGAPORE 608839

 

CJ GLS CENTRAL AMERICA, S.A. DE. CV

AV. MANUFACTURA NO 502, PARQUE INDUSTRIAL QUERETARO, SANTA ROSA JAUREGUI, QRO. C.P. 76220 MEXICO

 

CJ GLS CHINA (SHANGHAI) LTD

12TH FLOOR TOWER A , HONGWELL INTERNATIONAL MPLAZA , NO.1600 WEST ZHONGSHAN ROAD, SHANGHAI PRC 200235

 

CJ GLS FORWARDING MALAYSIA SDN., BHD.

SUITE 8-01, LEVEL 8, IMS 2, NO. 88, JALAN BATAI LAUT 4, TAMAN INTAN, 41300 KLANG, SELANGOR, MALAYSIA

 

CJ GLS HONG KONG LIMITED

RM 2503-04, 25/F., EW INTERNATIONAL TOWER, 120 TEXACO ROAD, TSUEN WAN, N.T., HONG KONG

 

CJ GLS MALAYSIA SDN. BHD.

SUITE 8-01, LEVEL 8, IMS 2, NO. 88, JALAN BATAI LAUT 4, TAMAN INTAN, 41300 KLANG, SELANGOR, MALAYSIA

 

CJ GLS PHILIPPINES VMI WAREHOUSE INC.

EZP BUSINESS PART WHSE #7 CALAMBA PAREMIERE.PARK BATINO CALAMBA 4027

 

CJ GLS PHILIPPINES, INC.

6/F TM KALAW CENTER 667 TM KALAW ST  ERMITA MANILA PHILIPPINES 1000

 

CJ GLS VIETNAM CO., LTD

10 PHO QUANG ST.,TAN BINH DIST., HCMC, VIETNAM

Subsidiary

CJ KOREA EXPRESS INDIA

409, INTERNATIONAL TRADE TOWER, NEHRU PLACE, NEW DELHI, DELHI-110019, DELHI, INDIA

 

CJ KOREA EXPRESS MIDDLE EAST FZE

PO BOX 17307, JAFZA VIEW #19 OFFICE ROOM 2406 JEBEL ALI, DUBAI, UAE

 

CJ LIAOCHENG BIOTECH

ECONOMIC & DEVELOPMENT ZONE, LIAOCHENGCITY,SHANGDONG PROVINCE,CHINA

 

CJ NANJING FEED CO., LTD

NANJING ZHUJIANG INDUSTRIAL AREA, ZHUJIANG ROAD, PUKOU DISTRICT, NANJING 211800, JIANGSU PROVINCE, CHINA

 

CJ NUTRACON PTY

PO BOX 730 49-71 HERMITAGE ROAD TOOWOOMBA  QLD, AUSTRALIA

 

CJ OMNI, INC.

4591 FIRESTONE BLVD., SOUTH GATE, CA  90280, USA

 

CJ PHILIPPINES, INC.

UNIT 2509 JOLIBEE PLAZA, EMERALDA AVENUE ORTIGAS CENTER, PASIG CITY, METRO MANILA, PHILIPPINES

 

CJ QINGDAO FEED CO., LTD

LAIXI ELONOMIC & TECHNICAL DEVELOPMENT ZONE, QINGDAO, CHINA

 

CJ QINGDAO FOODS CO., LTD.            23HUANGHAI ROAD, LAIXI CITY, SHANDONG P.R CHINA

 

CJ SE ASIA PTE. LTD.

20 TOH GUAN ROAD, #08-01, CJ GLS BUILDING, SINGAPORE

 

CJ SHENYANG FEED CO., LTD

PANTAI CUN, SANWA DISTRICT, SHENYANG NEW AND HIGH-TECH AGRICULTURAL DEVELOPMENT ZONE, SHENYANG LIAONING, CHINA

 

CJ TIANJIN FEED CO., LTD.

JIN-HAI ROAD EAST JING-HAI  ECONOMY DEVELOPED AREA  NEW BOROUGH, TIAN JIN, CHINA

 

CJ VINA AGRI CO. LTD.

NATIONAL HIGHWAY NO.1, MY YEN VILLAGE, BEN LUC DISTRICT LONGAN PROVINCE, VIETNAM

 

CJ VINA FOOD CO

SO E5, KHU DAN CU TRANG BOM, THI TRAN TRANG BOM, TINH DONG NAI ,VIETNAM

Subsidiary

CJ YIHAI(KUNSHAN) FOODSTUFFS CO., LTD

NO.8 YIHAI RD. ZHONG PU KUNSAHN JIAGSU PROVINCE CHINA

 

CJ ZHENGZHOU FEED CO., LTD

HIGH-NEW TECHNOLOGY INDUSTRY DEVELOPMENT ZONE, ZHENGZHOU, HENAN, CHINA

 

CJ(CHANGCHUN)FEED CO., LTD

 

CJ(QINGDAO) GLS INC.

QINGDAO GUANGDONG DEVELOPMENT, BANK BUILDING 2702, NO 40, SHANDONG ROAD, NO 40, SHANDONG ROAD

 

CJ(SHENYANG) BIOTECH CO.,LTD

#157,SHENBEI ROAD HUISHAN ECONOMIC DEVELOPMENT ZONE SHENYANG CITY LIAONING PROVINCE,CHINA

 

CONPAC WAREHOUSING PTE LTD.

20 TOH GUAN ROAD #08-00 CJ GLS BUILDING SINGAPORE 608839

 

EC DISTRIBUTION SDN BHD

SUITE 8-01, LEVEL 8, IMS 2, NO. 88, JALAN BATAI LAUT 4, TAMAN INTAN, 41300 KLANG, SELANGOR, MALAYSIA

 

EC SERVICE ENTERPRISE SDN. BHD.

SUITE 8-01, LEVEL 8, IMS 2, NO. 88, JALAN BATAI LAUT 4, TAMAN INTAN, 41300 KLANG, SELANGOR, MALAYSIA

 

LIAOCHENG LANTIAN COGENERATION PLANT CO., LTD.

ECONOMIC & DEVELOPMENT ZONE, LIAOCHENGCITY,SHANGDONG PROVINCE,CHINA

 

PT AGROBIS PANCA EKATAMA

JL.RAYA SAWIT BOJONG KM.04, DESA CILINGGA KEC.DARANGDAN, PURWAKARTA, INDONESIA

 

PT CJ GLS RESOURCES INDONESIA

RUKO SOLOK SELATAN BLOK A3, JL. LINTAS SUMATERA MUARA ENIM LAHAT KM.12, DESA GUNUNG AGUNG ,KEC.MERAPI BARAT, KAB. LAHAT, SUMATERA SELATAN

 

CJ GLS(SHENZHEN) CO.,LTD

RM603,HAIFU BUILDING,LANHUA PATH JINHUA ROAD, FUTIAN FREE TRADE ZONE, SHENZHEN, CHINA 518038

 

CJ GLS(THAILAND) CO., LTD

16TH FLOOR Q.HOUSE PLOENJIT BLDG. 598 PLOENCHIT RD, LUMPINI PATUMWAN, BANGKOK 10330, THAILAND

 

CJ HARBIN FEED CO., LTD

BOHAIDONG ROAD, JIZHONG DISTRICT, HAPING ROAD, HAERBIN CITY DEVELOPMENT ZONE, HAERBIN, CHINA

Subsidiary

PT. C.J. INDONESIA

MENARA JAMSOSTEK 21ST FLOOR JI.JEND GATOT SUBROTO KAV 38 JAKARTA 12710.INDONESIA

 

PT. C.J. SUPERFEED

JL. LANUD GORDA, DESA JULANG KEC. CIKANDE, KAB. SERANG, JAWA BARAT, INDONESIA

 

PT. CJ CHEILJEDANG LESTARI

JI. JENGGOLO II/17 SIDOARJO 61219 JAWA TIMUR-INDONESIA

 

PT. CJ FEED JOMBANG

JL. RAYA MOJOAGUNG - JOMBANG KM 2, DESA GAMBIRAN ? MOJOAGUNG, KAB. JOMBANG, INDONESIA

 

PT. CJ FEED MEDAN

MENARA JAMSOSTEK, 21ST FLOOR, JL. JENDRAL GATOT SUBROTO KAV. 38, JAKARTA SELATAN

 

PT. CJ GLS INDONESIA

GEAHA KIRANA BUILDING 2ND FLOOR, UNIT NO.01JI YOS SUDARSO KAV, 88 SUNTER JAKARTA JTARA 14350 INDONESIA

 

PT. SUPER UNGGAS JAYA

JL. LANUD GORDA, DESA JULANG KEC. CIKANDE, KAB. SERANG, JAWA BARAT, INDONESIA

 

SHANGHAI CJ FREIGHT FORWADING CO., LTD

12TH FLOOR TOWER A , HONGWELL INTERNATIONAL PLAZA , NO.1600 WEST ZHONGSHAN ROAD, SHANGHAI PRC 200235

 

TMI TRADING CORP

7 BUSHWICK PLACE BROOKLYN, NY 11206, USA

 

TWIN MARQUIS INC

7 BUSHWICK PLACE BROOKLYN, NY 11206, USA

 

WATER PIPELINE WORKS LIMITED

ARAWAK CHAMBERS, PO. BOX 71, ROAD TOWN,TORTOLA,BRITISH VIRGIN ISLANDS

 

KOREA EXPRESS GERMANY

CARGO CITY SUED, GEB.558E, 60549 FRANKFURT AM MAIN

 

KOREA EXPRESS USA

11 COMMERCE CT, W., CRANBURY NJ 08512,U.S.A.

 

KOREA EXPRESS JAPAN

CJ BLDG, 2-7-4, NISHISHINBASHI, MINATO-KU,TOKYO, 105-0003, JAPAN

 

KOREA EXPRESS HONG KONG           UNIT A, 9/F., DYNAMIC CENTRE, 188 YEUNG UK ROAD,TSUEN WAN, N,T., HONG KONG

Cooperative Enterprise

-Technical Support from

YAKURT(JAPAN)

HORMEL

 

Sales by Region (Activity & Markets)

 

Sales/ Unit :Thousand KRW

2010

2009

2008

Export

262,446,531

248,249,933

198,815,514

Domestic

3,697,144,351

3,587,966,976

3,294,004,083

Others

3,061,518

2,515,395

2,058,736

Total

3,962,652,400

3,838,732,304

3,494,878,333

The subject mainly exports to South East Asia, North America and Europe.

 

Court Action

 

There are 3 cases filed as Plaintiff(s)/ Creditor(s)/ Applicant(s) amounting 3,336,000,000 KRW, and a case Defendant(s)/ Debtor(s)/ Respondent(s) amounting 100,000,000 KRW.

 

 

News Clipping

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.99

UK Pound

1

Rs.99.09

Euro

1

Rs.79.03

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

PDT

 

               

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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