MIRA INFORM REPORT

 

 

Report No. :

335907

Report Date :

07.08.2015

 

IDENTIFICATION DETAILS

 

Name :

GEORGE & OLIVER CO LTD

 

 

Registered Office :

6-10-17 Akasaka Minatoku Tokyo 107-0052

 

 

Country :

Japan

 

 

Financials (as on) :

31.05.2014

 

 

Date of Incorporation :

January 1968

 

 

Com. Reg. No.:

0104-01-024047 (Tokyo-Minatoku)

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Import, wholesale and retail (partially) cosmetics, health foods, supplements, other (--100%)

 

 

No. of Employee :

50

 

 

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

 

GEORGE & OLIVER CO LTD

 

REGD NAME:   KK George Oliver

MAIN OFFICE:  6-10-17 Akasaka Minatoku Tokyo 107-0052 JAPAN

                                    Tel: 03-3505-7853      Fax: 03-3560-7609

 

URL:                 http://www.go-g.jp

E-Mail address: (thru the URL)

 

 

ACTIVITIES:     Import, wholesale of cosmetics, health foods, other

 

 

BRANCHES:     Nil

 

 

OFFICERS:       AKIO HATANO, PRES               Masaki Yoshida, dir

                        Yukie Izuhara, dir                       Kuzumi Hatano, dir

                       

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES        FAIR                             A/SALES          Yen 1,400 M

PAYMENTS      NO COMPLAINTS          CAPITAL           Yen 10 M

TREND STEADY                       WORTH            Yen 792 M       

STARTED         1968                             EMPLOYES      50

 

 

COMMENT

 

TRADING FIRM SPECIALIZING IN COSMETICS & SUPPLEMENTS, OTHER.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR ORDINARY BUSINESS ENGAGEMENTS.

                       

MAX CREDIT LIMIT: ESTIMATED AT YEN 25.8 MILLION, ON 30 DAYS NORMAL TERMS.

 

 

HIGHLIGHTS

           

The subject company is a trading firm specializing in cosmetics, health foods, supplements, other.  Cosmetics are imported.  Partially retailed.

 

 

FINANCIAL INFORMATION

           

Financials are disclosed only partially.  Profits are estimated only as not disclosed.

 

The sales volume for May/2014 fiscal term amounted to Yen 1,400 million, a 25% up from

Yen 1,120 million in the previous term.  Imports of cosmetics rose.  The net profit is estimated posted at Yen 60 million, compared with Yen 55 million a year ago.

 

For the term that ended May 2015 the net profit was projected at Yen 65 million, on a 5% rise in turnover, to Yen 1,470 million.  Final results are yet to be released.

 

The financial situation is considered FAIR and good for ORDINARY business engagements.  Max credit limit is estimated at Yen 25.8 million, on 30 days normal terms.

 

 

REGISTRATION

    

Date Registered:                       Jan 1968

Regd No.:                                 0104-01-024047 (Tokyo-Minatoku)

Legal Status:                Limited Company (Kabushiki Kaisha)

Authorized:                              80,000 shares

Issued:                         20,000 shares

Sum:                            Yen 10 million

Major shareholders (%):           Akio Hatano (95), other

No. of shareholders: 3

 

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

 

 

OPERATION

           

Activities: Import, wholesale and retail (partially) cosmetics, health foods, supplements, other (--100%)

 

Clients: [Mfrs, wholesalers] Kenko Com, Renaissance, Sazaby League, Tokyo do, other  

No. of accounts: 300

Domestic areas of activities: Nationwide

Suppliers: [Mfrs, wholesalers] Imports from Europe, USA, other

 

Payment record: No Complaints

 

Location: Business area in Tokyo.  Office premises at the caption address are owned by Akio Hatano as his residence, and maintained satisfactorily.

 

Bank References:

Mizuho Bank (Roppongi)

MUFG (Roppongi)

Relations: Satisfactory

 

 

FINANCES

 

(In Million Yen)

Terms Ending:

　

31/05/2015

31/05/2014

31/05/2013

31/05/2012

Annual Sales

　

1,470

1,400

1,120

1,100

Recur. Profit

　

..

..

..

..

Net Profit

　

65

60

55

50

Total Assets

　

　

N/A

N/A

N/A

Net Worth

　

　

792

750

712

Capital, Paid-Up

　

　

10

10

10

Div.P.Share(¥)

　

　

0.00

0.00

0.00

<Analytical Data>

　

(%)

(%)

(%)

(%)

    S.Growth Rate

　

5.00

25.00

1.82

10.00

    Current Ratio

　

　

..

..

..

    N.Worth Ratio

　

　

..

..

..

    N.Profit/Sales

　

4.42

4.29

4.91

4.55

 

Notes: Financials are only partially disclosed.  Profits are only estimated as not disclosed

 

Forecast (or estimated) figures for the 31/05/2015 fiscal term.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.76

UK Pound

1

Rs.99.60

Euro

1

Rs.69.71

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

Report Prepared by :

ANK

 

 

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