|
Report No. : |
318306 |
|
Report Date : |
21.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
KANEMATSU CORPORATION |
|
|
|
|
Formerly Known as : |
Kanematsu and Company |
|
|
|
|
Registered Office : |
119, Ito-Cho, Chuo-Ku, Kobe City, Hyogo Pref. 650-0032 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.03.2014 (Consolidated) |
|
|
|
|
Date of Incorporation : |
18.03.1918 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
trading of Semiconductors, Electronic Components, Telecommunications apparatus, Computers, Foods, Drugs and Medicines, Chemicals, Oils, Fuels, Iron and steel, as well as Construction Machine. |
|
|
|
|
No of Employees : |
5,747 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
|
With Financials |
|
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 – 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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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 |
COMPANY NAME
: KANEMATSU
CORPORATION
Country: Japan
Company name: KANEMATSU CORPORATION
Name in local language: KANEMATSU
K.K.
Office address: Seavans Bldg. N Wing, 1-2-1, Shibaura,
Minato-ku, Tokyo 105-8005
Office tel: 03-5440-8111
Office fax: 03-5440-6500
Website: www.kanematsu.co.jp/
Business type: Trader
Industry: General trading
Established: March 18, 1918
Capital: Jp. 27,781,141,350 yen
Employees: 5,747
Corporate formation: Listed
Corporation No.: 1400-01-005647
(Kobe Legal Affairs Bureau)
As of Mar. 31, 2014:
Paid in capital Jp.
27,781,141,350 yen
Number of authorized shares 1,016,653,604
shares
Number of outstanding shares 422.501,010
shares
Numbers of shareholders 23,813
Major shareholders Thousand shares (%)
-------------------------------------------------------------------------------------------------------------------
Japan Trustee Services Bank, Ltd.(trust unit) 19,593 ( 4.63)
Master Trust Bank of Japan, Ltd. (trust unit) 18,642 ( 4.41)
Bank of Tokyo-Mitsubushi UFJ, Ltd. 13,298
( 3.14)
Norin Chukin Bank, Ltd.
12,460 ( 2.94)
Mitsui Sumitomo Insurance Co., Ltd.
11,613 ( 2.74)
Tokio Marine & Nichido Fire Insurance Co., Ltd. 11,612 ( 2.74)
Hyatt (Saudi Arabia)
5,886 ( 1.39)
Japan Trustee Services Bank, Ltd. (unit #6) 4,376 ( 1.03)
Japan Trustee Services Bank, Ltd. (unit #5) 4,360 ( 1.03)
Japan Trustee Services Bank, Ltd. (unit #3) 4,299 ( 1.01)
-------------------------------------------------------------------------------------------------------------------
Total
106,139
(25.12)
Activity Product/Service Description
-------------------------------------------------------------------------------
Trading Semiconductors
Trading Electronic components
Trading Telecommunications apparatus
Trading Computers
Trading Foods
Trading Drugs and medicines
Trading Chemicals
Trading Oils
Trading Fuels
Trading Iron and steel
Trading Construction machine
President Mr. Masayuki Shimojima (*)
Nationality: Japan
Vice President Mr. Masao Hasegawa (*)
Nationality Japan
Senior Managing Director Mr.
Tetsuro Murao
Nationality: Japan
Senior Managing Director Mr.
Takashi Gunji
Nationality: Japan
Managing Director Mr. Nobuyoshi Sakuyama
Nationality: Japan
Director Mr. Yutaka Hirai
Nationality: Japan
Auditor Mr.
Tsukasa Okamoto
Nationality: Japan
Auditor Mr. Fumihiko Nashimoto
Nationality: Japan
Auditor Mr.
Yonosuke Yamada
Nationality: Japan
Auditor Mr.
Yohnosuke Yamada
Nationality: Japan
Auditor Mr. Michishiyo Ito
Nationality Japan
Note: The names of director(s) and auditor(s) are phonetically spelt.
(*): Representative
directors
*Key Personnel*
==============
Mr. Masayuki Shimojima
President since April 2010
Date of birth: August 6, 1951
Business career:
Apr. 1974:
Employed by the subject.
Jun. 2006:
Director.
Jun. 2009:
Managing director.
Home address: 2-10-46, Higashi-yamada, Tsuzuki-ku, Yokohama city,
Kanagawa pref.
Currency: (local
currency - Jp. yen)
-------------------------------------------------------------------------------------
Year | Sales | Net Income
-------------------------------------------------------------------------------------
|
2009 |
1,138,755,000,000 |
loss 12,787,000,000 |
|
2010 |
861,277,000,000 |
3,528,000,000 |
|
2011 |
936,891,000,000 |
9,175,000,000 |
|
2012 |
1,006,365,000,000 |
6,110,000,000 |
|
2013 |
1,019,232,000,000 |
9,564,000,000 |
|
2014 |
1,114,539,000,000 |
11,799,000,000 |
*Book Closing*
============
March 31st
*Financials*
=========
|
Consolidated Balance Sheet |
|||
|
Unit: millions of JP yen |
|||
|
|
3/31/2012 |
3/31/2013 |
3/31/2014 |
|
Current Assets |
318,581 |
316,554 |
345,366 |
|
Cash & deposits |
70,835 |
60,421 |
73,867 |
|
Account receivables |
163,782 |
165,378 |
178,984 |
|
Inventories |
57,113 |
65,246 |
66,256 |
|
Others |
26,851 |
25,509 |
26,259 |
|
Fixed assets |
81,172 |
82,632 |
83,093 |
|
Tangible assets |
27,028 |
26,990 |
24,218 |
|
Intangible assets |
1,905 |
7,226 |
11,706 |
|
Investments & others |
52,238 |
48,415 |
47,167 |
|
Total Assets |
399,753 |
399,186 |
428,459 |
|
|
|
|
|
|
Current liabilities |
246,837 |
244,776 |
258,635 |
|
Account payables |
138,626 |
132,356 |
142,820 |
|
Short term loans |
78,444 |
81,570 |
80,792 |
|
Outstanding taxes |
1,863 |
1,663 |
1,951 |
|
Others |
27,904 |
29,187 |
33,072 |
|
Fixed liabilities |
96,922 |
78,496 |
73,620 |
|
Long term loans |
82,403 |
65,290 |
61,113 |
|
Retirement benefits |
3,273 |
4,681 |
5,017 |
|
Others |
11,246 |
8,525 |
7,490 |
|
Shareholders' equity |
69,830 |
79,517 |
90,690 |
|
Paid up capital |
27,781 |
27,781 |
27,781 |
|
Capital reserves |
27,597 |
27,526 |
27,493 |
|
Retained earnings |
15,003 |
24,567 |
35,737 |
|
Treasury stock |
-550 |
-357 |
-321 |
|
Valuation & adjustment |
-30,822 |
-24,997 |
-19,033 |
|
Minority Interest |
16,984 |
21,393 |
24,547 |
|
Total Net Assets |
55,992 |
75,912 |
96,204 |
|
Total Liabilities & Net
Assets |
399,753 |
399,186 |
428,459 |
|
Consolidated Income Statement |
|||
|
Unit : millions of JP yen |
|||
|
|
3/31/2012 |
3/31/2013 |
3/31/2014 |
|
Sales |
1,006,365 |
1,019,232 |
1,114,539 |
|
Cost of goods sold |
952,464 |
939,210 |
1,028,136 |
|
Gross profit(loss) |
80,900 |
80,021 |
86,402 |
|
Sales/administrative expenses |
59,473 |
61,758 |
66,626 |
|
Operating profit(loss) |
21,426 |
18,262 |
19,776 |
|
Non operating income |
2,470 |
3,549 |
5,260 |
|
Non operating expenses |
6,144 |
5,107 |
4,876 |
|
Ordinary profit(loss) |
17,752 |
16,705 |
20,160 |
|
Special profits |
314 |
3,276 |
2,390 |
|
Special losses |
4,537 |
3,200 |
3,476 |
|
Pretax profit |
13,529 |
16,781 |
19,075 |
|
Taxes & adjustment |
6,023 |
5,573 |
4,953 |
|
Minority interest |
1,395 |
1,644 |
2,321 |
|
Net profit |
6,110 |
9,564 |
11,799 |
*Latest Financials
*
===============
On August 1, 2014 the subject released the following business results
and forecast:
As of June 30, 2014 (1Q 2015 term)
Unit: millions of JPY
|
Year term |
Sales |
Operating profit |
Ordinary profit |
Net profit |
|
1Q 2014 |
253,022 |
4,707 |
5,147 |
3,099 |
|
1Q 2015 |
251,823 |
3,865 |
3,626 |
2,143 |
|
FY 2015(F) |
1,150,000 |
22,000 |
20,500 |
11,000 |
Current assets; 329,456
Fixed assets;
82,944
Total assets; 412,400
Current liabilities; 245,220
Fixed liabilities;
70,918
Shareholders’ equity;
91,520
Retained earnings; 36,568
Total net assets; 96,262
Total liabilities and net assets; 412,400
*Bankers*
=========
Bank of Tokyo-Mitsubishi UFJ, Ltd., Tokyo sales department
Mizuho Bank, Ltd., Head office
Sumitomo Mitsui Banking Corp., Head office and Kobe business banking
departments
Resona Bank Ltd., Tokyo and Osaka business banking departments
*Credit Opinion*
=============
A time-honored trading firm and is now specializing in electronics,
foods, steel, materials, plant, motor vehicles and aircraft.
While sales of mobile phones and system development have been slowing
down, pork and other livestock business has been steady.
Processing business of the pipeline for shale gas and oil has been
boosting so far.
*Main operation
& Services*
=======================
A large sized trading company specializing in the following four
business segments:
Breakdown for March 2014 term is as follows:
Electronic devices and IT-related products 25%
Food and foodstuff 28%
Steel and plant-related business 42%
Motor vehicles and aircraft 5%
*Addresses*
===========
Registered address: 119, Ito-cho, Chuo-ku, Kobe city, Hyogo pref.
650-0032
Operational head office: Seavans Bldg. N Wing, 1-2-1, Shibaura,
Minato-ku, Tokyo 105-0023
*Company History*
===============
Date Development
----------------------------------------------------------------------------------
1889 Fusajiro Kanematsu founds
Fusajiro Kanematsu Shoten of Australian Trading in
Kobe.
1891 Yohei Kitagawa founds Kitagawa Shoten, which is a predecessor of
The Gosho
Company.
1918 Reorganized into Kanematsu Shoten Company.
1943 Changed company name to Kanematsu and Company.
1961 Listed stock on the Second Section of the Osaka Securities
Exchange.
1967 Merged with The Gosho Company to form Kanematsu-Gosho, Ltd.
1970 Established its Head Office at the Tokyo Branch Office.
1973 Listed stock on the First Sections of the Tokyo and Nagoya Stock
Exchanges.
1990 Changed company name to Kanematsu Corporation.
1991 Relocated Tokyo headquarters to Shibaura.
1992 Osaka Branch Office became the new Head Office.
1997 Head Office in Osaka reverted to Osaka Branch Office.
2010 Unlisted from the OSE.
Office &
Facilities*
===============
(Domestic)
Osaka
2-15,Awaji-machi 4-chome,Chuo-ku,Osaka 541-8560, Japan
TEL.(06)205-3111 FAX.(06)205-2800
Nagoya
2-9-3,Sakae.Naka-ku,Nagoya 460-0008, Japan
TEL.(052)202-5111 FAX.(052)202-5000
Hokkaido(Sapporo)
Sapporo-Kokusai Building 4-1kitashijou-nishi Chuo-ku Sapporo 060-0004,
Japan
TEL.(011)261-5631 FAX.(011)261-5630
Kyushu(Fukuoka)
Hakata-Kuramoto-Touhouseimei Building 2-1,Narayatyou Hakata-ku Fukuoka
812-0023, Japan
TEL.(092)262-5551 FAX.(092)262-5550
Two other local offices are in Sendai and Kobe cities.
(Overseas Offices and Associated Companies)
NORTH AMERICA
[U.S.A.]
KANEMATSU USA INC. (http://www.kanematsuusa.com)
New York Head Office
114 West 47th Street, 23rd Floor, New York, N.Y. 10036, U.S.A.
TEL: 1-212-704-9400 (Key Number) FAX: 1-212-704-9483
Somerset Office
100 Randolph Road Somerset, NJ 08873, U.S.A
TEL: 1-732-271-7300 (Key Number)
FAX: 1-732-271-7357
Chicago Branch
543 West Algonquin Road, Arlington Heights, Illinois 60005, U.S.A.
TEL: 1-847-981-5600 (Key Number) FAX: 1-847-981-6760
San Diego Office
2300 Boswell Road Suite 206, Chula Vista, California 91914, U.S.A.
TEL: 1-619-656-2385 FAX: 1-619-656-2386
Houston Branch
1800 Augusta, Suite 390 Houston, Texas 77057, U.S.A.
TEL: 1-713-975-7200 FAX: 1-713-975-7966
Sillicon Valley Branch
1785 Fox Drive, San Jose, California 95131, U.S.A.
TEL: 1-408-501-1400 FAX: 1-408-501-1499
Portland Branch
One S.W.Columbia Street, Suite 1450 Portland, Oregon 97258, U.S.A.
TEL: 1-503-224-7755 FAX: 1-503-228-5067
Seattle Branch
701 5th Ave. Suite 3645 Seattle, WA. 98104. U.S.A.
TEL: 1-206-262-7589 FAX: 1-206-262-7904
[CANADA]
The Representative of Kanematsu Corporation
Vancouver
205-8988 Fraserton Court Burnaby, B.C. V5J 5H8 CANADA
TEL: 1-604-689-0550 FAX: 1-604-689-0655
OCEANIA
[AUSTRALIA]
KANEMATSU AUSTRALIA LIMITED
Sydney
Suite 3, Level 1, 84 Pitt Street, Sydney 2001 Australia
TEL: 61-2-9230-0328 FAX: 61-2-9230-0329
Perth
Post Office Box 412, Ground floor, Talbat House, 83 Havelock Street,
West Perth, Western Australia 6005, Australia
TEL: 61-8-9322-9787 FAX: 61-8-9322-4040
[NEW ZEALAND]
KANEMATSU NEW ZEALAND LIMITED
9th Floor, Ballantyne House, 101 Customs Street East, Auckland, New
Zealand (P.O.Box 2472)
TEL : 64-9-302-5660 FAX : 64-9-309-3877(UNCHANGED)
EUROPE & THE FORMER SOVIET UNION
[THE UNITED KINGDOM]
KANEMATSU EUROPE PLC (Head Office)
London
Dashwood House, 69, Old Broad Street, London EC2M 1NS, U.K.
TEL: 44-20-7456-6300 (Receptionist) FAX: 44-20-7256-2850
[ITALY]
KANEMATSU EUROPE PLC, MILLAN LIAISON OFFICE
Milano
8 Piazza Duca D'Aosta 8, Milano, Italy
TEL: 39-02-6749-3530 FAX: 39-02-6707-7364
[FRANCE]
KANEMATSU EUROPE PLC, PARIS LIAISON OFFICE
Paris
21 Rue Auber, Paris 75009, FRANCE
TEL: 33-1-5330-8384, 8379 FAX: 33-1-5330-8389, 8377
[GERMANY]
Kanematsu G.m.b.H.
Duesseldorf
Oststrasse 34, D-40211 Duesseldorf, GERMANY
Mail Address: P.O. Box 103241, D-40023 Duesseldorf, GERMANY
TEL: 49-211-36890 (Key Number) FAX: 49-211-161403, 49-211-358417
(Electronics only)
[HUNGARY]
The Representative of Kanematsu G.m.b.H.
Budapest
Hollan Erno utca 7/B, II/2, Budapest XIII, 1136, HUNGARY
Mail Address: H-1391, Budapest, P.O. Box 225, HUNGARY
TEL: 36-1-329-3968 FAX: 36-1-320-4953
[SPAIN]
KANEMATSU IBERICA, S.A.
The Representative of Kanematsu Corporation
Las Palmas
Calle Eduardo Benot 51, Edificio Atlansea, 4-izqda, 35008 Las Palmas de
Gran Canaria, SPAIN
TEL: 34-928-275634, 275680 FAX: 34-928-275632
[RUSSIAN FEDERATION]
The Representative of Kanematsu Corporation
Moscow
Tverskaya 16/2, Building 1, Business Centre, 103009, Moscow, RUSSIAN
FEDERATION
TEL: 7-502-935-89-40 thru 46 FAX: 7-502-935-8947
MIDDLE EAST AND AFRICA
[IRAN]
KANEMATSU IRAN LTD.
Tehran
No.33 West Shahid Atefi st., 8th Floor Africa Ave.(Jordan), Tehran
19679, IRAN
TEL: 98-21-201-2744, 2753, 2760 FAX: 98-21-201-2769, 2786
[REPUBLIC OF GUINEA]
The Representative of Kanematsu Corporation
Conakry
B.P.1933, Conakry, Republique de Guinee
TEL: 224-45-34-53 FAX: 224-41-28-25
[SENEGAL]
Kanematsu Corporation, Representation de Dakar
Dakar
Immeuble S.D.I.H., 2, Place de l'Independance, B.P.2030 Dakar, SENEGAL
Mail Address: Boite Postale 2030, Dakar, SENEGAL
TEL: 221-849-49-10 FAX: 221-849-49-15
ASIA
[HONG KONG]
KANEMATSU (HONG KONG) LTD.
Hong Kong (Head Office)
Rooms 5609-5610, 56th Floor, Hopewell Centre, 183 Queen's Road East,
HONG KONG
Mail Address: G.P.O. Box 2298, HONG KONG
TEL: 852-2821-6200 (Receptionist) FAX: 852-2527-0465, 2865-6649
Kanematsu Corporation Hong Kong
Branch
Suite23A01 23A/F., Tower 1, The Gateway, 25 Canton Road, Tsimshatsui,
Kowloon, Hong Kong
TEL: 852-2735-0502 FAX: 852-2735-5838
Shenzhen
23rd Floor, Shenzhen International Financial Building, No. 2022, Jian
She Road, Shenzhen, Post Code 518001, CHINA
TEL:86-755-82354851, 82354891 FAX: 86-755-82238980
[THAILAND]
KANEMATSU(Thailand) LTD.
Bangkok
25F Thaniya Plaza 52 Silom Road, Bangkok 10500, THAILAND
TEL: 66-2-632-8060 (15 Lines) FAX: 66-2-632-8083, 8084
[CHINA]
KANEMATSU (SHANGHAI) CO., LTD.
39th Floor Raffles City (Office Tower) 268 Xi Zang Middle Raod, Shanghai
200001, CHINA
TEL: 86-21-6340-3456 (Receptionist) FAX: 86-21-6840-4290
The Representative of Kanematsu Corporation
Beijing
ROOM 413 EAST-WING, China World Trade Center, No.1, Jian Guo Men Wai
Avenue, Beijing, 100004, CHINA
TEL: 86-10-6505-1401 FAX: 86-10-6505-1407
Dalian
Rooms 601-603, Furama Hotel, 60 Renmin Road, Dalian 116001, CHINA
TEL: 86-411-8263-9105, 7481 FAX: 86-411-8280-5534
Tianjin
29F-B, KaiXuanMen Building B, 66 Nanjing Road, Hexi-Qu, Tianjin, Post
Code 300042, The CHINA
TEL: 86-22-2331-2405, 2330-5886 FAX: 86-22-2331-6873
Kanematsu Industrial And Trading (Dalian Free Trade Zone) Co., Ltd.
Dalian
Aulan Industrial Land, ID-32 Free Trade Zone Dailian, The People’s
Republic of CHINA
TEL: 86-411-8732-3090, 3091, 3092
FAX: 86-411-8732-3093
[TAIWAN]
Kanematsu Taiwan Corporation
Taipei (Head Office)
11th Floor, No. 61 Chung Shan N.Rd., Sec. 2, Taipei 104, TAIWAN, R.O.C.
Mail Address: P.O. Box 22833, Taipei 100 TAIWAN, R.O.C.
TEL: 886-2-2511-7007 (Receptionist) FAX: 886-2-2511-2947, 2951, 3554
Kanematsu Semiconductor Taiwan Ltd.
Taipei
Taipei 11F, No.61, Chung Shan North Road, Sec.2, Taipei 104, TAIWAN
TEL: 886-2-2562-2025 FAX: 886-2-2562-2026
Hsinchu Office
10F-1, No.322 Sec. 1, Kuang-Fu Road, Hsin-Chu 300, TAIWAN
TEL: 886-3-564-2013 FAX: 886-3-564-2014
[KOREA]
Kanematsu Devices Korea Corporation
Koreana Bldg., 6F.61-1.1-Ka Tae Pyung Ro, Chung-Ku, Seoul, KOREA
TEL: 82-2-737-5795 FAX: 81-2-737-5799
[SINGAPORE]
Kanematsu Corporation Singapore Branch
Singapore
30 Cecil Street No.23-05/08, Prudential Tower, SINGAPORE 049712
Mail Address: Robinson Road, P.O. Box 68, SINGAPORE 900118
TEL: 65-6231-6000 FAX: 65-6231-6071
[THE PHILIPPINES]
Kanematsu Corporation Manila Branch
Manila
17th Floor Tower 2, The Enterprise Center 6766, Ayala Avenue, Makati City,
Metro Manila, THE PHILIPPINES
Mail Address: M.C.P.O.Box 2692, Makati, Metro Manila, THE PHILIPPINES
TEL: 63-2-889-1701/63-2-845-2017 FAX:
63-2-887-0030
[INDONESIA]
The Representative of Kanematsu Corporation
Jakarta
Wisma Standard Chartered Bank, 15th Floor, Jalan Jend. Sudirman Kav. 33A
Jakarta 10220, INDONESIA
TEL:62-21-5721230, 5721220 FAX: 62-21-5721188, 5721237
[VIETNAM]
The Reresentative of Kanematsu Corporation
Hanoi
Room No.1205-1206, 12th floor, Daeha Business Center 360 Kim Ma St., Ba
Dinh Dist., Hanoi, S.R. VIETNAM
TEL: 84-4-7715642, FAX: 84-4-7715641, 7715648
Hochiminh City
Unit 1809, 18th Floor, Saigon Trade Center 37 Ton Duc Thang Street,
District 1, Hochiminh City, VIETNAM
TEL: 84-8-910-5532 FAX: 84-8-910-5538
*Suppliers*
=========
Honda Motor Co., Ltd.
Taiyo Oil Co., Ltd.
Showa Shell Sekiyu K.K.
Danish Crown Inc.
Yamaha Corp.
Seiko Instruments Co., Ltd.
Tsuzuki Concrete Industry Co., Ltd.
Mitsubishi Heavy Industry Co., Ltd.
*Customers*
==========
Marudai Food Co., Ltd.
The Ministry of Agriculture, Forestry and Fisheries of Japan
Idemitsu Kosan Ltd.
Sony EMCS Corp.
Ishikawajima Construction Machinery Co., Ltd.
Toshiba Machinery Co., Ltd.
Company name: KANEMATSU ELECTRONICS CO LTD
Country: Japan
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: DALIAN TIANTIANLI FOOD CO LTD
Country: China
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: KANEMATSU TRADING CO LTD
Country: Japan
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: KANEMATSU KGK CO LTD
Country: Japan
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: KANEMATSU CHEMICAL CO LTD
Country: Japan
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: PT PT CENTURY TEXTILE INDUSTRY
Country: Indonesia
Status: Affiliate
----------------------------------------------------------------------------------------------------
Company name: KANEMATSU USA INC.
Country: USA
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: KANEMATSU (HONG KONG) LTD
Country: Hong
Kong
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: KANEMATSU (CHINA) CO LTD
Country: China
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: KANEMATSU GMBH
Country: Germany
Status: Subsidiary
----------------------------------------------------------------------------------------------------
*Subsidiaries
& Affiliates*
=======================
As of March 31, 2014 Kanematsu Corporation owns and controls a total 85 subsidiaries
and 28 affiliates at home and abroad.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.56 |
|
|
1 |
Rs.93.56 |
|
Euro |
1 |
Rs.67.49 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.