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Report No. : |
334987 |
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Report Date : |
05.08.2015 |
IDENTIFICATION DETAILS
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Name : |
AMINA COLLECTION CO LTD |
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Registered Office : |
Yokohama Creed Bldg 4F, 123 Yamashitacho Nakaku Yokohama 231-0023 |
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Country : |
Japan |
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Financials (as on) : |
28.02.2015 |
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Date of Incorporation : |
April 1977 |
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Com. Reg. No.: |
(Yokohama-Midoriku) 029860 |
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Legal Form : |
Limited Company |
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Line of Business : |
Subject is import, wholesale, retail of folk craft, fashion goods,
accessories |
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No. of Employee : |
155 |
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
AMINA COLLECTION CO LTD
REGD NAME
KK Amina
Collection
MAIN OFFICE
Yokohama Creed Bldg 4F, 123
Yamashitacho Nakaku Yokohama 231-0023, JAPAN
Tel:
045-681-0711 Fax: 045-681-0340
*.. Registered at:
4-50-1 Kamoi Midoriku Yokohama
URL
http//:www.amina.co.jo
E-mail: s-shinhane@cayhane.JP
ACTIVITIES
Import, wholesale,
retail of folk craft, fashion goods, accessories
BRANCHES
65 stores over the
country; India
FACTORIES
Yokohama
OFFICER(S)
SAWATO SHINDO,
PRES Yukihiko Shindo, ch
Hiroko
Shindo, rep dir Yamato Shindo dir
Takako
Naito, dir Mana Ishizaki, dir
Yen Amount: In
million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 6,100 M
PAYMENTS NO COMPLAINTS CAPITAL Yen
20 M
TREND UP WORTH Yen 1,237 M
STARTED 1977 EMPLOYES 155
COMMENT
TRADER AND SHOP OPERATOR
SPECIALIIZING IN FOLK CRAFT,
ACCESSORIES AND
CHARACTER GOODS,
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS ENGAGEMENTS
MAX CREDIT LIMIT:
YEN 110.4 MILLION, 30 DAYS NORMAL TERMS
HIGHLIGHTS
The subject company was established by Yukihiko Shindo, now ch, in order
to make most of his experience in the subject line of business. Sawato is his son, who took the pres office
in Mar 2010. This is a family-based
trading company, owned and operated by the Shindo family, for import, export,
wholesale and retail of folk crafts, folk apparel, fabrics, clothing and
accessories. Operates 87 stores from
Hokkaido down to Okinawa across the country.
Clients include Oriental Land (Disney Land), other.
FINANCIAL
INFORMATION
Financials are only partially disclosed as is the case with family-based
companies.
The sales volume for Feb/2015 fiscal term amounted to Yen 6,000 million,
an 11% up from Yen 5,400 million in the previous term. 3 new stores opened. The net profit was posted at Yen 130 million,
compared with Yen 120 million a year ago.
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For the term that ended Feb 2016 the net profit was projected at Yen 135
million, on a 5% rise in turnover, to Yen 6,100 million.
The financial situation is considered
maintained FAIR and good for ORDINARY business engagements. Max credit limit is estimated at Yen 110.4
million, on 30 days normal terms.
REGISTRATION
Date Registered: Apr 1977
Regd No.: (Yokohama-Midoriku) 029860
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 160,000 shares
Issued: 40,000 shares
Sum: Yen 20 million
Major shareholders (%): Yukihiko Shindo
& families (--100%)
No. of shareholders: 7
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports, exports
and retails folk crafts, fashions, apparel, accessories (--100%).
Clients: [Fashion stores,
mfrs, consumers] France Bed, Oriental Land, Tiffani Trading, Beams Co,
consumers, Honda Sangyo Inc, Tiffany & Co, other
No. of accounts:
300
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Goods are both imported and exported.
Domestically supplied from: Aeon Mall, Seibu
Properties, Mitsui Fudosan Management, other
Payment record: No Complaints
Location: Business area in
Yokohama. Office premises at the caption
address are leased and maintained satisfactorily.
Bank
References:
Bank of Yokohama
(Motomachi)
Mizuho Bank
(Yokohama-Ekimae)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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29/02/2016 |
28/02/2015 |
28/02/2014 |
28/02/2013 |
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Annual
Sales |
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6,300 |
6,000 |
5,400 |
5,480 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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135 |
130 |
120 |
180 |
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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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1,237 |
1,146 |
1,062 |
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Capital,
Paid-Up |
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20 |
20 |
20 |
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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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(%) |
(%) |
(%) |
(%) |
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S.Growth Rate |
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5.00 |
11.11 |
-1.46 |
5.38 |
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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 |
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2.14 |
2.17 |
2.22 |
3.28 |
Notes: Financials
are only partially disclosed.
Forecast (or estimated)
figures for the 29/02/2016 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.