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Report No. : |
335495 |
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Report Date : |
18.08.2015 |
IDENTIFICATION DETAILS
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Name : |
HANAMURA OPTICS CORPORATION |
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Registered Office : |
TS Bldg 3F, 15-3 Iwai Hodogayaku Yokohama 240-0023 |
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Country : |
Japan |
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Financials (as on) : |
30.04.2011 |
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Date of Incorporation : |
September 1995 |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Import, export, wholesale of optical equipment, optical fiber cables, other |
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No. of Employees : |
10 |
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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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. Newly-elected Prime
Minister Shinzo ABE has declared the economy his government's top priority; he
has pledged to reconsider his predecessor's plan to permanently close nuclear
power plants and is pursuing an economic revitalization agenda of fiscal
stimulus and regulatory reform and has said he will press the Bank of Japan to
loosen monetary policy. Measured on a purchasing power parity (PPP) basis that
adjusts for price differences, Japan in 2012 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 exceeds 200% of GDP. Persistent deflation,
reliance on exports to drive growth, and an aging and shrinking population are
other major long-term challenges for the economy.
Source
: CIA
HANAMURA OPTICS CORPORATION
REGD NAME: KK
Hanamura Optics
MAIN OFFICE: TS Bldg
3F, 15-3 Iwai Hodogayaku Yokohama 240-0023 JAPAN
Tel: 045-341-5636
Fax: 045-341-5955
URL: http://www.hanamura-optics.co.jp
E-Mail address: sales@hanamura-optics.co.jp
Import, export,
wholesale of optical equipment, optical fiber cables, other
Nil
KAZUNOBU HANAMURA,
PRES
Akiko Hanamura,
dir
Hisako Haga, dir
Yen Amount: In million Yen, unless otherwise stated
FINANCES R/WEAK A/SALES Yen 517 M*
PAYMENTSUNKNOWN CAPITAL Yen
10 M
TREND UP WORTH Yen 70 M
STARTED 1995 EMPLOYES 10
*.. Figures for
Apr/2011 fiscal term, as no financials are disclosed since
TRADING FIRM SPECIALIZING IN OPTICAL EQUIPMENT.
FINANCIAL SITUATION CONSIDERED RATHER WEAK BUT SHOULD BE GOOD FOR
MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT:
YEN 9.3 MILLION, 30 DAYS NORMAL TERMS
The subject
company was established by Kazunobu Hanamura in order to make most of his
experience in the subject line of business. This is a trading firm specializing
in optical equipment, optical fiber cable, other. Clients include major electric makers, other
Financials are
disclosed until Apr/2011 fiscal term only, and no financials are disclosed ever
since, which the firm declined to disclose.
No data are available from outside sources, either.
The sales volume
for Apr/2011 fiscal term amounted to Yen 517 million, a 1% up from Yen 511
million in the previous term. The net
profit is believed posted at Yen 10 million, but the figures have not been
confirmed.
For the term that
ended Apr 2012 the net profit was projected at Yen 10 million, on a similar
turnover, at 520 million. The results,
however, are not disclosed. The firm
declined to disclose them.
The financial
situation is considered RATHER WEAK but should be good for MODERATE business
engagements. Max credit limit is
estimated at Yen 9.4 million, on 30 days normal terms.
We strongly recommend that any credits are
to be on fully secured terms on new transactions.
Date Registered: Sept 1995
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 800 shares
Issued: 200 shares
Sum: Yen 10 million
Major
shareholders (%): Kazunobu Hanamura (100)
Nothing
detrimental is known as to the commercial morality of executives.
Activities: Imports, exports
and wholesales optical equipment & peripherals, optical fiber cables,
others (--100%)
Clients: [Mfrs,
wholesalers] Toshiba Corp, NEC Corp, Mitsubishi Electric, Ricoh Co, Hamamatsu
Photonix, Japan Aviation Electronics Ind, other
No. of accounts:
300
Domestic areas of
activities: Centered in greater-Tokyo
Suppliers: [Mfrs, wholesalers]
ITI Electro Optics, Crystal Systems, Remo Co, other
Payment record: Unknown
Location: Business area in
Yokohama. Office premises at the caption
address are leased and maintained satisfactorily.
Bank References:
MUFG
(Yokohama-Ekimae)
Relations:
Satisfactory
(In Million
Yen)
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Terms Ending: |
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30/04/2012 |
30/04/2011 |
30/04/2010 |
30/04/2009 |
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Annual
Sales |
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530 |
517 |
511 |
456 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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10 |
10 |
10 |
8 |
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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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70 |
60 |
50 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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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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S.Growth Rate |
2.51 |
1.17 |
12.06 |
-8.25 |
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Current Ratio |
.. |
.. |
.. |
||
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N.Worth Ratio |
.. |
.. |
.. |
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N.Profit/Sales |
1.89 |
1.93 |
1.96 |
1.75 |
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Notes: Financials are only partially disclosed
until the 30/04/2011 fiscal term only.
Forecast (or
estimated) figures for the 30/04/2012 fiscal term, but not revealed.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.65.22 |
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|
1 |
Rs.102.23 |
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Euro |
1 |
Rs.72.39 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.