MIRA INFORM REPORT

 

 

Report No. :

334989

Report Date :

05.08.2015

 

IDENTIFICATION DETAILS

 

Name :

WONDER STAFF INC

 

 

Registered Office :

1-13-1 Ebisu-Minami Shibuyaku Tokyo 150-0022

 

 

Country :

Japan

 

 

Financials (as on) :

31.07.2014

 

 

Date of Incorporation :

August 1986

 

 

Com. Reg. No.:

0110-01-025927 (Tokyo-Shibuyaku)

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Manufactures, imports, exports and wholesales women’s apparel: one-piece dress, casual wear (jerseys), sweater, trousers, other (--100%)

 

 

No. of Employee :

20

 

 

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

 

COMPANY NAME AND ADDRESS

 

WONDER STAFF INC

 

REGD NAME:    KK Wonder Staff

MAIN OFFICE:  1-13-1 Ebisu-Minami Shibuyaku Tokyo 150-0022 JAPAN

                                    Tel: 03-5723-8881      Fax: 03-5723-8882

 

URL:                 N/A

 

 

ACTIVITIES:     Mfg, import, wholesale of women’s apparel

 

 

BRANCHES:     Nil

 

 

OVERSEAS:     (India, China)

 

 

FACTORIES:     Subcontracted

 

 

OFFICERS:       YOSHINORI SAITOH, PRES       Mariko Saitoh, dir

                        Yaeko Saitoh, dir                       Shin’ya Watanabe, dir%

           

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES                    FAIR                             A/SALES          Yen 750 M

PAYMENTS      NO COMPLAINTS          CAPITAL           Yen 23 M

TREND             UP                                WORTH            Yen 321 M

STARTED                     1986                             EMPLOYES      20

 

 

COMMENT

 

MFR OF WOMEN’S APPAREL.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

                       

MAX CREDIT LIMIT: YEN 13.5 MILLION, 30 DAYS NORMAL TERMS

 

 

 

HIGHLIGHTS

           

The subject company was established by Yoshinori Saitoh in order to make most of his experience in the subject line of business.  This is a family-based trading firm, with mfg division, for import, export and wholesale of women’s apparel, other.  Mfg is subcontracted to overseas factories: India, China, other.  Clients include apparel makers, chain stores, other

 

 

FINANCIAL INFORMATION

           

Financials are only partially disclosed as is the case with family-based companies.

 

The sales volume for Jul/2014 fiscal term amounted to Yen 750 million, a 12% up from Yen 670 million in the previous term.  The net profit was posted at Yen 17 million, compared with 8 million a year ago.

 

For the current term ending Jul 2015 the net profit is projected at Yen 20 million, on a 3% rise in turnover, to Yen 775 million.  Business is seen expanding steadily. 

 

The financial situation is considered FAIR and good for ORDINARY business engagements.  Max credit limit is estimated at Yen 13.5 million, on 30 days normal terms.

 

 

REGISTRATION

 

Date Registered:          Aug 1986

Regd No.:                                 0110-01-025927 (Tokyo-Shibuyaku)

Legal Status:                Limited Company (Kabushiki Kaisha)

Authorized:                  184,000 shares

Issued:                         46,000 shares

Sum:                            Yen 28 million

Major shareholders (%): Yoshinori Saitoh (60.8), Mariko Saitoh (26.1), Yoshihisa Saitoh (8.7)

No. of shareholders: 5

 

Nothing detrimental is known as to the commercial morality of executives.

 

 

OPERATION

           

Activities: Manufactures, imports, exports and wholesales women’s apparel: one-piece dress, casual wear (jerseys), sweater, trousers, other (--100%)

Mfg is subcontracted to overseas factories: India, China, other

 

Clients: [Mfrs, wholesalers] Jeans Factory Inter-Nakatsu, Tanaka Kosan, Word Corp, Bigi Corp, Laundry, Mashstyle Lab, other 

 

No. of accounts: 300

 

Domestic areas of activities: Nationwide

 

Suppliers: [Mfrs, wholesalers] Imports from India (15 clients), China (8 companies), other

 

Payment record: No Complaints

 

Location: Business area in Tokyo.  Office premises at the caption address are owned and maintained satisfactorily.

 

 

Bank References:

MUFG (Ebisu)

Mizuho Bank (Ebisu)

Relations: Satisfactory

 

 

FINANCES

 

(In Million Yen)

Terms Ending:

　

31/07/2015

31/07/2014

31/07/2013

31/07/2012

Annual Sales

　

775

750

670

642

Recur. Profit

　

..

..

..

..

Net Profit

　

20

17

8

27

Total Assets

　

　

N/A

N/A

N/A

Net Worth

　

　

321

304

296

Capital, Paid-Up

　

　

23

23

23

Div.P.Share(¥)

　

　

0.00

0.00

0.00

<Analytical Data>

　

(%)

(%)

(%)

(%)

    S.Growth Rate

　

3.33

11.94

4.36

21.82

    Current Ratio

　

　

..

..

..

    N.Worth Ratio

　

　

..

..

..

    N.Profit/Sales

　

2.58

2.27

1.19

4.21

 

Notes: Financials are only partially disclosed.

 

Forecast (or estimated) figures for the 31/07/2015 fiscal term.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.93

UK Pound

1

Rs.99.82

Euro

1

Rs.70.05

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ANK

 

 

 

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.