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Report No. : |
314000 |
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Report Date : |
13.04.2015 |
IDENTIFICATION DETAILS
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Name : |
KOZUKI FOUNDATION |
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Registered Office : |
Kozuki Capital 9F, 1-2-7 Kita-Aoyama Minatoku Tokyo 107-0061 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2014 |
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Date of Incorporation : |
March, 2003 |
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Legal Form : |
010405003431 (Tokyo-Minatoku) |
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Line of Business : |
Promote and Development of Sports, Educational, Culture, Other. |
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No. of Employees : |
8 |
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 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Japan |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
KOZUKI FOUNDATION
REGD NAME: Kozuki
Zaidan (Zaidan means Foundation)
MAIN OFFICE: Kozuki
Capital 9F, 1-2-7 Kita-Aoyama Minatoku Tokyo 107-0061 JAPAN
Tel: 03-5414-2811 Fax: 03-5414-2812
E-Mail address: mailall@kozuki.or.jp
Promote, development
of sports, educational, culture, other
Nil
KAGEMASA KOZUKI,
CH & PRES
Kagetsugi Kozuki,
v pres Tomokazu
Godai, s/mgn dir
Hisato Igarashi,
dir Masafumi
Izumi, dir
Yen Amount: In million Yen, unless otherwise stated
FINANCES FAIR A/SALES Yen 680 M
PAYMENTSNO COMPLAINTS CAPITAL Yen - - -
TREND SLOW WORTH Yen
41,621 M
STARTED 2003 EMPLOYES 8
NON-PROFIT ORGANIZATION FOR PROMOTING SPORTS, CULTURE, EDUCATION, ETC.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS
ENGAGEMENTS.
MAX CREDIT LIMIT:
ESTIMATED AT YEN 124.2 MILLION, ON 30 DAYS NORMAL TERMS.
The subject
company was established originally in 1982 by Kagamasa Kozuki, the founder of
Konami Corporation (See REGISTRATION)
in order to promote and develop sports, educational, cultural & social
support related activities as well as people’s quality of life, other, and was incorporated in 2003. The foundation
also holds lectures & publishes materials for the promotion of sports,
educational, cultural and social
support related activities. Executives are mostly from Educational &
Sports Associations. Operations are
conducted by the parent, Konami Corporation.
Financials are disclosed only partially.
The revenues for Mar/2013 fiscal term amounted to Yen 680 million, a 16%
down
from Yen 806 million in the previous term. The net profit improved to post Yen 8
million, compared with Yen 6 million net losses a year ago.
For the term that ended Mar 2015 the net profit was projected at Yen 10
million, on a 4% rise in turnover, to Yen 710 million. Final results are yet to be released.
The financial situation is considered FAIR and good for ORDINARY
business engagements.
Date Registered:
Mar 2003
Regd No.:
010405003431 (Tokyo-Minatoku)
Legal Status: Incorporated Foundation (Zaidan Hojin)
Major shareholders (%): Konami
Corporation* (100)
*.. Specialized developer of software for arcade games, Tokyo, founded 1973, listed Tokyo, New York, London S/E’s,
capital Yen 47,399 million, sales Yen 217,595 million, operating profit Yen 7,696 million, recurring
profit Yen 9,228 million, net
profit Yen 3,834 million, total assets Yen 335,324 million, net worth Yen 232,422 million, employees 5,113, pres Takuya Kozuki
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Non-profit
organization for promoting & development of projects:
(1)
To contribute to sports, educational & cultural
related activities,
(2)
To contribute to the public good, creating the
better society,
(3)
Any other projects necessary for achieving the
projects.
(4)
To hold lectures and materials for the promotion of
above acitvities
Clients: [Mfrs,
Wholesalers] Konami Corporation
No. of accounts: 1
Domestic areas of
activities: Nationwide (thru Konami Corporation)
Suppliers: Local Mfrs,
Associations, Wholesalers, Other
Payment record: No Complaints
Location: Business area in
Tokyo. Office premises at the caption
address are owned by the group firm and maintained satisfactory.
Bank References:
SMBC (H/O)
Relations:
Satisfactory
(In Million Yen)
|
Terms Ending: |
|
31/03/2015 |
31/03/2014 |
31/03/2013 |
31/03/2012 |
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Annual
Sales |
|
710 |
680 |
806 |
662 |
|
Recur.
Profit |
|
.. |
.. |
.. |
.. |
|
Net
Profit |
|
10 |
8 |
-6 |
13 |
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Total
Assets |
|
|
41,622 |
33,457 |
40,049 |
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Net
Worth |
|
|
41,621 |
33,456 |
40,047 |
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Capital,
Paid-Up |
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Div.P.Share(¥) |
|
|
0.00 |
0.00 |
0.00 |
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<Analytical Data> |
|
(%) |
(%) |
(%) |
(%) |
|
S.Growth Rate |
|
4.41 |
-15.63 |
21.75 |
-1.49 |
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Current Ratio |
|
|
.. |
.. |
.. |
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N.Worth Ratio |
|
|
100.00 |
100.00 |
100.00 |
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N.Profit/Sales |
|
1.41 |
1.18 |
-0.74 |
1.96 |
Notes: Financials are only partially
disclosed. Cited from the firm’s
financial statements.
Forecast (or estimated)
figures for the 31/03/2015^ fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
|
|
1 |
Rs.91.60 |
|
Euro |
1 |
Rs.66.49 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
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.