MIRA INFORM REPORT

Report No. :	352484
Report Date :	10.12.2015

IDENTIFICATION DETAILS

Name :	HONDA TRADING CORP

Registered Office :	9Fl Aoyama Bldg 1-2-3 Kita-Aoyama, Minato-ku, Tokyo 1078360

Country :	Japan

Financials (as on) :	2015

Date of Incorporation :	21.03.1972

Legal Form :	Private Company with Limited Liability

Line of Business :	Trader of Machinery

No. of Employee :	315

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD $30,000,000

Status :	Satisfactory

Payment Behaviour :	Usually Correct

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 – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Japan

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 an 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. Scarce in many natural resources, Japan has long been dependent on imported raw materials. Since the complete shutdown of Japan’s nuclear reactors after the earthquake and tsunami disaster in 2011, Japan's industrial sector has become even more dependent than it was previously on imported fossil 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 impressive - 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 aftereffects 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 four times since 2008. 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 of that year disrupted manufacturing. The economy has largely recovered in the four years since the disaster, although reconstruction in the affected Tohoku region has lagged, in part due to a shortage of labor in the construction sector. Japan enjoyed a sharp uptick in growth in 2013 on the basis of Prime Minister Shinzo Abe’s “Three Arrows” economic revitalization agenda - dubbed “Abenomics” - of monetary easing, “flexible” fiscal policy, and structural reform. Abe’s government has replaced the preceding administration’s plan to phase out nuclear power with a new policy of seeking to restart nuclear power plants that meet strict new safety standards, and emphasizing nuclear energy’s importance as a base-load electricity source. Japan joined the Trans-Pacific Partnership (TPP) 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 2014 stood as the fourth-largest economy in the world after first-place China, which surpassed Japan in 2001, and third-place India, which edged out Japan in 2012. While seeking to stimulate and reform the economy, the government must also devise a strategy for reining in Japan's huge government debt, which amounts to more than 230% of GDP. To help raise government revenue, Japan adopted legislation in 2012 to gradually raise the consumption tax rate to 10% by 2015, beginning with a hike from 5% to 8% implemented in April 2014. That increase had a contractionary effect on GDP, however, so PM Abe in late 2014 decided to postpone the final phase of the increase until April 2017 to give the economy more time to recover. Led by the Bank of Japan’s aggressive monetary easing, Japan is making progress in ending deflation, but demographics - low birthrate and an aging, shrinking population - pose major long-term challenges for the economy.

Source : CIA

Company Details

Global Identifier	:	P0144078
Country	:	Japan
Business Entity Name	:	HONDA TRADING CORP ⁽¹⁾
Operating Address	:	9Fl Aoyama Bldg 1-2-3 Kita-Aoyama, Minato-ku, Tokyo 1078360
Tel	:	[+81] 3-34021100
Fax	:	[+81] 3-34021101
Email	:	info@hondatrading-jp.com
Website	:	http://www.hondatrading-jp.com
Primary Business Activity	:	Trader
Primary Industry	:	Machinery

Key Facts

Registered Legal Address

9Fl Aoyama Bldg 1-2-3 Kita-Aoyama, Minato-ku, Tokyo 1078360

Name History

Business Entity Name	Effective Date
ACT TRADING CO LTD	21 Mar, 1972
HONDA TRADING CORP	1988

License Number

0104-01-097576

Date of Registration

21 Mar, 1972

Issuing Authority

Legal Affairs Bureau, Ministry of Justice

Legal Form - Category

Private Company with Limited Liability

Legal Form

Corporation

Legal Form - Abbreviation

CORP

License Status

License exists - Normal.

Operational Status of Business

Normal

Employees

315

Capital

US$ 53,072,394

Note:

⁽¹⁾ Legal status of the English corporate name
The English name of the Subject Business Entity (SBE) is a randomly selected translation / transliteration made by the owners of the SBE. It is not a registered English corporate name, but simply a translation / transliteration of the local language name.

Adverse Data

Results

Total of 0 record found.

Financials - Summary

(Currency: USD - US Dollar)

Year	Turnover	Assets	Net Income
2013 Annual	2,589,643,235	796,932,397	35,907,299
2014 Annual	2,351,336,989	772,349,220	54,652,046
2015 Annual	2,196,890,289	766,846,339	67,244,382

Sales Trend – Analysis

2006	2007	2008	2009	2010	2011	2012	2013	2014	2015

Recommended Credit Limit

Trade Finance

Maximum Recommended Credit

USD $30,000,000 based on 90 days

Key Person

Legal Title	:	Chairman
Name	:	Ms. Hiroyuki Yamada
Registered Address	:	1736-12 Kasahata, Kawagoe-shi, Saitama 3501175
Nationality	:	Japanese

Primary Products

Products / Materials / Services Description	Activity
Automobile parts	Trading
Automotive equipment	Trading
Light metal	Trading
Machine parts	Trading
Machinery components	Trading

International Trade - Statistics

(Currency: USD - US Dollar)

Year	Imports	Exports	Total
2012	n/a	2,205,062,697	2,205,062,697
2013	n/a	1,709,164,535	1,709,164,535
2014	n/a	1,551,882,412	1,551,882,412

Commercial Credit Inquiries

Date of Inquiry	Industry in which Inquirer Operates	Credit Type (* / **)	Credit Amount	Period
2 Dec, 2015	Professional Services	MRC	USD 30,000,000	90 days
5 Jun, 2015	Financial Services - General	MRC	USD 30,000,000	90 days
19 Jun, 2013	Not Applicable - Tax Haven Entity	ISC	USD 10,000,000	90 days
27 Jul, 2012	Not Applicable - Tax Haven Entity	ISC	USD 11,000,000	90 days
30 Mar, 2011	Not Applicable - Tax Haven Entity	ISC	USD 10,000,000	90 days
29 Dec, 2009	Professional Services	ISC	USD 10,000,000	90 days
10 Dec, 2008	Professional Services	ISC	USD 10,000,000	90 days
23 Jul, 2008	Computer & Information Products	ISC	USD 10,000,000	90 days
16 Jul, 2004	Professional Services	ISC	USD 10,000,000	90 days
16 May, 2003	Computer & Information Products	ISC	USD 10,000,000	90 days

Note:
*	MRC	:	Max. Recommended Credit amount
**	ISC	:	Inquirer Specified Credit amount

Fullcheck Report Details

Country	:	Japan
Business Entity Name	:	HONDA TRADING CORP
Primary Business Activity	:	Trader
Primary Industry	:	Machinery
Office Contact Details
Operating Address	:	9Fl Aoyama Bldg 1-2-3 Kita-Aoyama, Minato-ku, Tokyo 1078360
Tel	:	[+81] 3-34021100
Fax	:	[+81] 3-34021101
Email	:	info@hondatrading-jp.com
Website Details
Website	:	http://www.hondatrading-jp.com
Status	:	Registered but not operational
Country of Registration	:	Japan
Ownership Type	:	Registered ownership by Subject Business Entity

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Aluminum foundries	3365	Trading
Cold-Rolled Steel Products	3316	Trading
Fabricated Metal Products	3400	Trading
Fabricated metal products, nspf	3499	Trading
Industrial Machinery & Equipment	3500	Trading
Lumber and Wood Products	2400	Trading
Machinery, except electrical, nspf, and parts, nspf	3599	Trading
Metalworking machinery	3549	Trading
Miscellaneous marine products, nspf	0919	Trading
Motor vehicle parts and accessories, nspf	3714	Trading

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Articles of aluminum	7616	Trading
Articles of iron or steel	7300	Trading
Articles of plastics (inc polymers & resins)	3926	Trading
Molding boxes for metal foundry	8480100000	Trading
Molds for metal or metal carbides, other than injection or compression type	8480490000	Trading
Paper & paperboard, articles of paper pulp	4800	Trading
Parts & access for cycles & invalid carriages	8714	Trading
Parts & access for motor vehicles (head 8701-8705	8708	Trading
Parts and accessories (not specified or included elsewhere in this chapter) for machines, appliances, instruments or apparatus of chapter 90	9033000000	Trading
Parts etc for machine tools of head 8456 to 8465	8466	Trading

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

Products / Materials / Services Description	Ranking	Activity
Plastic synthetic resins	Primary	Trading
Steel products	Primary	Trading
Agricultural products	Secondary	Trading
Aluminium products	Secondary	Trading
Aluminum materials	Secondary	Trading
Lumber	Secondary	Trading
Marine products	Secondary	Trading
Metal products	Secondary	Trading
Molding	Secondary	Trading
Motorcycle parts	Secondary	Trading
Non-ferrous metal products	Secondary	Trading
Paper	Secondary	Trading
Plastic products	Secondary	Trading
Plastics, basic - synthetic	Secondary	Trading
Power equipment parts	Secondary	Trading

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of HONDA TRADING CORP is Trading - General products.

Key products include :

Automobile parts

Automotive equipment

Light metal

Machine parts

Machinery components

Plastic synthetic resins

Steel products

Supplementary Business

In addition to the core business, HONDA TRADING CORP also is engaged in the following areas of business:

Exporting

Exporting - Finished products

Exporting - Semi-finished products

Exporting - Components

Importing

Importing - Components

Importing - Finished products

Importing - Raw materials

Importing - Semi-finished products

DOMESTIC SALES & PURCHASES

Annual Sales Analysis	Percentage
Domestic Sales	34%
International Sales (Export)	66%

Description: http://www.global-creditreports.com/image/pie/Domestic_Sales_34.png

Annual Purchases Analysis	Percentage
Local Purchases	76%
Imports	24%

Description: http://www.global-creditreports.com/image/pie/Domestic_Sales_76.png

DIRECT / INDIRECT CORPORATE PARENT DETAILS

Direct Corporate Parent	:	HONDA MOTOR CO LTD
Global Identifier	:	P0003004
Legal Form Category	:	Public Listed Company
Country	:	Japan
Operational Address	:	2-1-1 Minami Aoyama Minato-ku Tokyo 1078556
Primary Business Activity	:	Manufacturer

COMPANY MANAGEMENT

Management Listings

	Name	Nationality	Job Description	Dept. / Division
1	Mr. Tatsuo Ito	Japanese	Auditor	-
2	Mr. Shouichi Ohsawa	Japanese	Managing Director	-
3	Mr. Hiroshi Sekiguchi	Japanese	Senior Managing Director	-
4	Mr. Shigeki Takane	Japanese	Director	Business Line
5	Ms. Hiroyuki Yamada	Japanese	President	-
6	Mr. Miki Yamamoto	Japanese	Senior Managing Director	-
7	Mr. Kenji Yoda	Japanese	Auditor	-

Management Details - 1

Personal Unique Identifier	:	MI03173158
Name	:	Mr. Tatsuo Ito

Management Details - 2

Personal Unique Identifier	:	MI03862267
Name	:	Mr. Shouichi Ohsawa

Management Details - 3

Personal Unique Identifier	:	MI03862270
Name	:	Mr. Hiroshi Sekiguchi

Management Details - 4

Personal Unique Identifier	:	MI03862272
Name	:	Mr. Shigeki Takane

Management Details - 5

Personal Unique Identifier	:	MI03862279
Name	:	Ms. Hiroyuki Yamada
Date of Birth	:	14 Dec, 1956
Registered address	:	1736-12 Kasahata Kawagoe-shi Saitama 3501175
Country of Residence	:	Japan
Date of appointment	:	19 Jun, 2014

Management Details - 6

Personal Unique Identifier	:	MI03173153
Name	:	Mr. Miki Yamamoto

Management Details - 7

Personal Unique Identifier	:	MI03862285
Name	:	Mr. Kenji Yoda

FINANCIALS - SUMMARY

(Currency: USD - US Dollar)

Year	Turnover	Assets	Net Income
2000 Annual	1,330,838,193	0	3,881,974
2001 Annual	1,407,378,025	0	4,529,948
2002 Annual	1,733,333,333	517,544,715	7,959,350
2003 Annual	2,062,226,794	629,647,724	12,292,946
2004 Annual	2,260,678,899	641,871,560	7,064,220
2005 Annual	2,777,615,287	n/a	14,243,931
2006 Annual	2,992,046,031	n/a	24,361,144
2007 Annual	3,652,398,748	1,123,735,442	22,875,022
2008 Annual	4,086,625,915	1,257,886,450	10,604,798
2009 Annual	4,584,941,569	1,054,168,058	13,299,944
2010 Annual	2,992,499,107	1,171,782,355	13,501,607
2011 Annual	3,982,258,065	1,153,472,945	-153,902,185
2012 Annual	3,594,937,186	1,161,733,668	-489,950

The latest Financial Summary of Direct Parent: HONDA MOTOR CO LTD (Currency: U.S. $'s)

Year	Turnover	Assets	Net Income
2015 4th Qtr	101,751,926,945	145,428,940,381	4,206,002,092

CAPITAL

(Currency: JPY - Japanese Yen)

Share Value	:	¥ 1,000
Authorized Capital	:	¥ 6,400,000,000
No. of Authorized Shares	:	6,400,000
Paid-up Capital	:	¥ 1,600,000,000

Date	Authorized Capital - History
21 Mar, 1972	5,000,000
Apr, 1972	20,000,000
1977	80,000,000
1981	200,000,000
1988	800,000,000
1989	1,600,000,000
2000	6,400,000,000

Date	Paid-up Capital - History
21 Mar, 1972	5,000,000
1978	80,000,000
1981	200,000,000
1988	800,000,000
1989	1,600,000,000

FINANCIAL STATEMENT – DETAILED

Balance Sheet

Currency	:	JPY
Denomination	:	1
Financial Year Ending	:	March

Financial Highlights	2013 Annual	2014 Annual	2015 Annual
Share Capital(*)	1,600,000,000	1,600,000,000	-
Total Liabilities(*)	68,174,000,000	70,709,000,000	-
Assets
Current Assets(*)	69,714,000,000	78,772,000,000	-
Total Assets(*)	82,873,000,000	91,562,000,000	92,474,000,000
Non Current Assets(*)	13,159,000,000	12,790,000,000	-
Liabilities
Non Current Liabilities(*)	1,380,000,000	1,304,000,000	-
Current Liabilities(*)	66,794,000,000	69,405,000,000	-
Shareholders Funds(*)	14,699,000,000	20,853,000,000	-

Current Assets	69,714,000,000	78,772,000,000	-
Fixed Assets	13,159,000,000	12,790,000,000	-
Tangible Fixed Assets	1,341,000,000	1,295,000,000	-
Intangible Fixed Assets	596,000,000	539,000,000	-
Investments & Other Assets	11,222,000,000	10,956,000,000	-
Total assets	82,873,000,000	91,562,000,000	-
Current Liabilities	66,794,000,000	69,405,000,000	-
Bonus	369,000,000	313,000,000	-
Other Current Liabilities	66,425,000,000	69,092,000,000	-
Fixed Liabilities	1,380,000,000	1,304,000,000	-
Retirement Benefits	212,000,000	169,000,000	-
Other Fixed Liabilities	1,168,000,000	1,135,000,000	-
Paid in Capital	1,600,000,000	1,600,000,000	-
Retained Earnings(Loss)	13,106,000,000	19,257,000,000	-
Total Shareholders' Equity	14,699,000,000	20,853,000,000	-
Valuation & Adjustment	(7,000,000)	(4,000,000)	-
Total Liabilities and Net Assets	82,873,000,000	91,562,000,000	-

Note: (*)

Financial Highlights

Income Statement

Currency	:	JPY
Denomination	:	1
Financial Year Ending	:	March

Financial Highlights	2013 Annual	2014 Annual	2015 Annual
Turnover(*)	269,297,000,000	278,751,000,000	264,923,000,000
Profit (Loss) Before Tax(*)	4,664,000,000	8,323,000,000	-
Profit After Tax attributable to Shareholders(*)	3,734,000,000	6,479,000,000	8,109,000,000

Net Sales/Revenue	269,297,000,000	278,751,000,000	-
Cost of Goods Sold	259,693,000,000	267,186,000,000	-
Gross Profit	9,604,000,000	11,565,000,000	-
Selling, General & Administrative Expenses	7,207,000,000	6,997,000,000	-
Operating Profit(Loss)	2,397,000,000	4,568,000,000	-
Non Operating Income	3,401,000,000	5,446,000,000	-
Non Operating Expenses	213,000,000	757,000,000	-
Ordinary Profit(Loss)	5,585,000,000	9,257,000,000	-
Special Profit	0	69,000,000	-
Special Loss	921,000,000	1,003,000,000	-
Pretax Profit(Loss)	4,664,000,000	8,323,000,000	-
Provisions for Taxes	930,000,000	1,844,000,000	-
Net Profit(Loss)	3,734,000,000	6,479,000,000	-

Note: (*)

Financial Highlights

Financial Ratios

Financial Highlights	2013 Annual	2014 Annual	2015 Annual
Growth %
Year-on-Year Growth	(5.89)	3.51	(4.96)
Profitability
Profit Margin (%)	1.39	2.32	3.06
Return on Equity (%)	25.40	31.07	-
Return on Assets (%)	4.51	7.08	8.77
Leverage
Total Debt Equity (Times)	4.64	3.39	-
Current Debt Equity (Times)	4.54	3.33	-
Long Term Debt to Equity	0.09	0.06	-
Total Asset To Total Equity	5.64	4.39	-
Asset Management
Total Assets Turnover (Times)	3.25	3.04	2.86
Fixed Assets Turnover (Times)	20.46	21.79	-
Liquidity
Current Ratio	1.04	1.13	-

REPUTATION

Reference checking for the purpose of establishing HONDA TRADING CORP's reputation within the respective industry failed to reveal any adverse information.

NEGA-SCAN - ADVERSE DATA MONITORING

DISHONORED CHECKS

No Record Found

DEBT

No Record Found

CIVIL LITIGATION

No Record Found

PERFORMANCE DEFAULTS

No Record Found

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

No Record Found

PAYMENT TERMS

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~90 days

Export

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Received at time of transaction

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~90 days

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

BANK DETAILS

Bank Name	:	BANK OF TOKYO-MITSUBISHI UFJ LTD, THE
Global Identifier	:	P0006866
Branch	:	Chiyoda-ku,Tokyo
Branch Address	:	2-7-1 Marunouchi Chiyoda-ku Tokyo 1000005 (Head Office)
SWIFT Code	:	BOTKJPJT

Bank Name	:	HIGO BANK LTD, THE
Global Identifier	:	P0112369
Branch	:	Kumamoto-shi
Branch Address	:	HIGO BANK LTD - ARAO-SHI, KUMAMOTO
SWIFT Code	:	HIGOJPJT

Bank Name	:	MITSUBISHI UFJ TRUST & BANKING CORP
Global Identifier	:	P0017263
Branch	:	Chiyoda-ku,Tokyo
Branch Address	:	1-4-5 Marunouchi Chiyoda-ku Tokyo 1000005 (Head Office)
SWIFT Code	:	MTBCJPJT

Bank Name	:	MITSUI TRUST & BANKING CO LTD
Global Identifier	:	P0004414
Branch	:	Chuo-ku,Tokyo
Branch Address	:	2-1-1 Nihonbashi-Muromachi Chuo-ku Tokyo 1030022 (Head Office)
SWIFT Code	:	MTRBJPJT

Bank Name	:	MIZUHO BANK LTD
Global Identifier	:	P0217434
Branch	:	Chiyoda-ku,Tokyo
Branch Address	:	1-3-3 Marunouchi Chiyoda-ku Tokyo 1008210 (Head Office)
SWIFT Code	:	MHCBJPJT

Bank Name	:	RESONA BANK LTD
Global Identifier	:	P0058831
Branch	:	Chuo-ku,Osaka-shi
Branch Address	:	CHUO-KUOSAKA-SHI
SWIFT Code	:	DIWAJPJT

Bank Name	:	YAMAGUCHI BANK LTD, THE
Global Identifier	:	P0094167
Branch	:	Shimonoseki-shi
Branch Address	:	YAMAGUCHI BANK LTD , THE - TOKYO
SWIFT Code	:	YMBKJPJT

LOCAL BRANCHES & MANAGEMENT

Branch

HONDA TRADING CORP - NAKA-KU, HAMAMATSU-SHI

Branch Address

1-13-1 Aoihigashi, Naka-ku, Hamamatsu-shi, Shizuoka 4338501

Branch Tel

81-53-4393440

Branch Fax

81-53-4393460

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - SAYAMA-SHI, SAITAMA

Branch Address

1-12-5 Shinsayama, Sayama-shi, Saitama 3501331

Branch Tel

81-4-29000251

Branch Fax

81-4-29529650

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - HAGA-GUN, TOCHIGI

Branch Address

2 Hagadai Hagamachi, Haga-gun, Tochigi 3213325

Branch Tel

81-28-6786388

Branch Fax

81-28-6776337

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - KIKUCHI-GUN, KUMAMOTO

Branch Address

Kumamoto Factory 1500 Hirakawa Ozu-machi, Kikuchi-gun, Kumamoto 8691231

Branch Tel

81-96-2947338

Branch Fax

81-96-2947351

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - NAKAMURA-KU, NAGOYA-SHI

Branch Address

Ohasi Bldg 3-25-3 Meieki, Nakamura-ku, Nagoya-shi, Aichi 4500002

Branch Tel

81-52-5621511

Branch Fax

81-52-5332447

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - KUMAMOTO-SHI, KUMAMOTO

Branch Address

Kumamoto-shi, Kumamoto

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - SUZUKA-SHI, MIE

Branch Address

Overseas Center 3600-1 Misono-cho, Suzuka-shi, Mie 5100261

Branch Tel

81-593-3721735

Branch Fax

81-593-3721736

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - NAKAMURA-KU, NAGOYA-SHI

Branch Address

Nihonseimei Sasajima Bldg 1-27-2 Meiekiminami, Nakamura-ku, Nagoya-shi, Aichi 4500003

Primary use of location

#1. Office administration

Branch

HONDA TRADING CORP - NISHI-KU, OSAKA-SHI

Branch Address

Yotsubashi Center Bldg 1-1-21 Kitahorie, Nishi-ku, Osaka-shi, Osaka 5500014

Branch Tel

81-6-65380810

Branch Fax

81-6-65381241

Primary use of location

#1. Office administration

RELATED PARTIES

(Subsidiaries , Joint-ventures & Affiliates)

The following provides a summary of the number of businesses that are related to HONDA TRADING CORP:

TYPE	DOMESTIC	INTERNATIONAL
TYPE	TOTAL	Africa	Asia / Pacific	Europe	Middle-East	North America	South America	TOTAL
Subsidiaries	2	-	3	1	-	1	-	5
Joint-Ventures	-	-	1	-	-	-	-	1
Minority shareholdings	-	-	1	-	-	-	-	1
Affiliates	-	-	2	-	-	4	-	6
Liaison / Representative Offices	-	-	-	-	-	-	-	-

Domestic

Business Entity Name	:	MAP KUMAMOTO CO LTD
Global Identifier	:	P2221607
Country	:	Japan
Relationship	:	Subsidiary
Operational Address	:	9Fl Aoyama Bldg 1-2-3 Kita-Aoyama, Minato-ku, Tokyo 1078360
Primary Business Activity	:	Trader
Industry	:	Consumer Products

Business Entity Name	:	MAP SAYAMA
Global Identifier	:	P2232100
Country	:	Japan
Relationship	:	Subsidiary
Operational Address	:	9Fl Aoyama Bldg 1-2-3 Kita-Aoyama, Minato-ku, Tokyo 1078360
Primary Business Activity	:	Trader
Industry	:	Consumer Products

International

Business Entity Name	:	BANGKOK COIL CENTER CO LTD
Global Identifier	:	31602388
Country	:	Thailand
Relationship	:	Minority shareholding
Operational Address	:	102/1 Moo 1 Wat Daowadeng Rd, Bangkadi, Muang, Pathum Thani 12000
Primary Business Activity	:	Manufacturer
Industry	:	Metals & Metal Products

Business Entity Name	:	GUANGZHOU PEARL STEEL CENTER CO LTD
Global Identifier	:	P0365489
Country	:	China
Relationship	:	Affiliate
Operational Address	:	Yonghe Economic Zone - GETDD 101 Tianyuan Rd, Guangzhou, Guangdong
Primary Business Activity	:	Trader
Industry	:	Metals & Metal Products

Business Entity Name	:	HARMONY AGRICULTURAL PRODUCTS (CANADA) INC
Global Identifier	:	P0365453
Country	:	Canada
Relationship	:	Affiliate
Operational Address	:	Highway 54, 5 Miles West of Innisfail Southh Side of Innisfail Airaport, Olds, Alberta T4G 1T8
Primary Business Activity	:	Trader
Industry	:	Agricultural Products

Business Entity Name	:	HARMONY AGRICULTURAL PRODUCTS INC
Global Identifier	:	P0365448
Country	:	USA
Relationship	:	Affiliate
Operational Address	:	4175 Dogwood Rd, Brawley, California 92227
Primary Business Activity	:	Trader
Industry	:	Agricultural Products

Business Entity Name	:	HARMONY AGRICULTURAL PRODUCTS OHIO INC
Global Identifier	:	P0365450
Country	:	USA
Relationship	:	Affiliate
Operational Address	:	20100 Johnson Rd, Marysville, Ohio 43040
Primary Business Activity	:	Trader
Industry	:	Agricultural Products

Business Entity Name	:	HONDA SIEL POWER PRODUCTS LTD
Global Identifier	:	P0327677
Country	:	India
Relationship	:	Affiliate
Operational Address	:	Plot 5 Sector - 41 Kasna Greater Noida, Uttar Pradesh, Noida 201310
Primary Business Activity	:	Manufacturer
Industry	:	Electrical Equipment & Appliances

Business Entity Name	:	HONDA TRADING AMERICA CORP
Global Identifier	:	P0250105
Country	:	USA
Relationship	:	Subsidiary
Operational Address	:	Suite 200, 1800 West 213th St, Torrance, California 90501
Primary Business Activity	:	Trader
Industry	:	Agricultural Products

Business Entity Name	:	HONDA TRADING ASIA CO LTD
Global Identifier	:	31610350
Country	:	Thailand
Relationship	:	Subsidiary
Operational Address	:	3Fl Indosuez House 152 Wireless Rd, Lumpini, Pathumwan, Bangkok 10330
Primary Business Activity	:	Trader
Industry	:	Motor Vehicles, Parts & Accessories

Business Entity Name	:	HONDA TRADING CORP
Global Identifier	:	32409851
Country	:	Vietnam
Relationship	:	Subsidiary
Operational Address	:	3Fl Matexim Bldg Hoang Quoc Viet St, Tu Liem Dist, Hanoi
Primary Business Activity	:	Trader
Industry	:	Motor Vehicles, Parts & Accessories

Business Entity Name	:	HONDA TRADING EUROPE LTD
Global Identifier	:	P0315562
Country	:	United Kingdom
Relationship	:	Subsidiary
Operational Address	:	Cherry Orchard West Kembrey Park, Swindon, Wiltshire SN28UP
Primary Business Activity	:	Trader
Industry	:	Machinery

Business Entity Name	:	TAIWAN HONDA TRADING CO LTD
Global Identifier	:	P0365476
Country	:	Taiwan
Relationship	:	Subsidiary
Operational Address	:	Rm B 20Fl, 39 Chung Hua Rd Secion 1, Chungcheng Dist, Taipei City 100
Primary Business Activity	:	Trader
Industry	:	Motor Vehicles, Parts & Accessories

Business Entity Name	:	TRI-ALLOY GROUP LLC
Global Identifier	:	P0365459
Country	:	USA
Relationship	:	Affiliate
Operational Address	:	800 East 62 North East St, Los Angeles, California 90001
Primary Business Activity	:	Trader
Industry	:	Metals & Metal Products

Business Entity Name	:	VIETNAM-JAPAN INTERNATIONAL TRANSPORT CO LTD
Global Identifier	:	P0143834
Country	:	Vietnam
Relationship	:	Joint-Venture
Operational Address	:	5 Vo Thi Sau St, Haiphong
Primary Business Activity	:	Service
Industry	:	Materials Handling

SHAREHOLDERS

Total number of shareholders	:	1
Total number of shares	:	1,600,000

Currency

JPY - Japanese Yen

No.	Shareholders	Country	Shares
No.	Shareholders	Country	Number	Amount (JPY)	%
1	HONDA MOTOR CO LTD	Japan	1,600,000	1,600,000,000	100.00
Total			1,600,000	1,600,000,000	100.00

Today's Exchange rate

1.00 JPY
Japanese Yen

0.008293 USD
United States Dollars

Based on corporate statutory laws / regulations in Japan, there is no requirement for public disclosure of Shareholders. In this case, the Shareholders information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

COMPANY DIRECTORS

1
Personal Unique Identifier	:	MI03862270
Name	:	Mr. Hiroshi Sekiguchi

2
Personal Unique Identifier	:	MI03862285
Name	:	Mr. Kenji Yoda

3
Personal Unique Identifier	:	MI03173153
Name	:	Mr. Miki Yamamoto

4
Personal Unique Identifier	:	MI03862272
Name	:	Mr. Shigeki Takane

5
Personal Unique Identifier	:	MI03862267
Name	:	Mr. Shouichi Ohsawa

6
Personal Unique Identifier	:	MI03173158
Name	:	Mr. Tatsuo Ito

7
Personal Unique Identifier	:	MI03862279
Name	:	Ms. Hiroyuki Yamada
Date of Birth	:	14 Dec, 1956
Registered Address	:	1736-12 Kasahata ,Kawagoe-shi ,Saitama 3501175
Country of Residence	:	Japan
Date of Appointment	:	19 Jun, 2014

INTERNATIONAL TRADE - Statistics

(Currency: USD - US Dollar)

Year	Imports	Exports	Total
2000	n/a	811,811,298	811,811,298
2001	n/a	858,500,595	858,500,595
2002	n/a	1,057,333,333	1,057,333,333
2003	n/a	1,299,202,880	1,299,202,880
2005	n/a	1,833,226,090	1,833,226,090
2006	n/a	1,974,750,381	1,974,750,381
2007	n/a	2,410,583,174	2,410,583,174
2008	n/a	2,733,888,284	2,733,888,284
2009	n/a	3,026,061,436	3,026,061,436
2010	n/a	1,975,049,411	1,975,049,411
2011	n/a	2,628,290,323	2,628,290,323

INTERNATIONAL TRADE - Activity & Markets

Country / Region	Estimated level of importance	Trading Activity
Asia / Pacific	High	Importing, Exporting
Europe	Medium	Importing, Exporting
North America	Medium	Importing, Exporting
China	Medium	Importing, Exporting
Indonesia	Medium	Importing
Thailand	Medium	Exporting
USA	Medium	Importing, Exporting
United Kingdom	Medium	Importing, Exporting

OVERSEAS CUSTOMERS

Business Entity Name	Global Identifier	Country
HONDA TRADING AMERICA CORP	P0250105	USA
HONDA TRADING ASIA CO LTD	31610350	Thailand
HONDA TRADING EUROPE LTD	P0315562	United Kingdom
HONDA TRADING NORTH AMERICA CORP	P1077164	USA
HONDA TRADING THAILAND CO LTD	P1077166	Thailand

DOMESTIC SUPPLIERS

Business Entity Name	Global Identifier
HONDA ENGINEERING CO LTD	P0209385
HONDA MOTOR CO LTD	P0003004
JFE STEEL CORP	P0332869
KAWASAKI STEEL CORP	P0000649
KIKUCHI PRESS KOGYO CO LTD	P1077157
KT TRADING CO LTD	P0590023
NIPPON STEEL & SUMITOMO METAL CORP	P0070020
SANKEI GIKEN INDUSTRY CO LTD	P1077155
SHOWA DENKO KK	P3017066
TANAKA SEIMITSU KOGYO CO LTD	P0453563
TS TECH CO LTD	P0008360
YACHIYO INDUSTRY CO LTD - METAL PRODUCTS TRADING	P0586233

DOMESTIC CUSTOMERS

Business Entity Name	Global Identifier
HONDA ENGINEERING CO LTD	P0209385
HONDA MOTOR CO LTD	P0003004
JFE STEEL CORP	P0332869
MITSUBISHI CORP	T0001950
NIPPON STEEL & SUMITOMO METAL CORP	P0070020
PROGRESS CORP	P0400533
SHIKISHIMA ALUMINUM CO LTD	P0410787
SHOWA DENKO CO LTD	P0058787
STEEL CENTER CO LTD	P1077160
TOMATSU METALLURGICAL CO LTD	P1002440
YAMADA MANUFACTURING CO LTD	P0413966

OFFICE & FACILITIES

The following information relates to the Business Entity's office as listed above:

Name	:	HONDA TRADING CORP - MINATO-KU, TOKYO
Primary Use	:	Office & Administration facilities
Address	:	9Fl Aoyama Bldg 1-2-3 Kita-Aoyama, Minato-ku, Tokyo 1078360
Country	:	Japan
Status	:	Operational

PREVIOUS CONTACT DETAILS

Company Address	:	2Fl Daiichi Tekko Bldg 1-8-2 Marunouchi, Chiyoda-ku, Tokyo 1000005
Telephone Number	:	81-3-32159000
Fax Number	:	81-3-32159020
Date of Relocation	:	6 Jan, 2012

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.66.75
UK Pound	1	Rs.100.29
Euro	1	Rs.72.89
YEN	1	Rs.0.55

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	KIN

Report Prepared by :	TRU

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%)

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.