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Report No. : |
308080 |
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Report Date : |
16.02.2015 |
IDENTIFICATION DETAILS
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Name : |
ARZOO J LTD |
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Registered Office : |
1-5-9 |
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Country : |
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Financials (as on) : |
30.11.2014 (Estimated) |
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Date of Incorporation : |
January 2002 |
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Com. Reg. No.: |
1800-01-087231 (Aichi-Ichinomiya) |
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Legal Form : |
Limited Company |
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Line of Business : |
Engaged as manufacturer of Women’s Clothing and Clothing Accessories [We tried to confirm / obtain the detailed activity but the same is not available from any sources.] |
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No of Employees : |
04 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
Company name ARZOO J LTD
REGD NAME: Arzoo J KK
MAIN OFFICE: 1-5-9
Tel: 0586-77-2119 Fax: 0586-77-8514
URL: N/A
ACTIVITIES: Engaged as manufacturer of Women’s Clothing and Clothing Accessories
BRANCHES: Nil
OVERSEAS: China,
India, Indonesia (--partner)
FACTORIES: (subcontracted)
OFFICERS: TAKUYA
OZAWA, PRES
Junko Hirano, dir
Yen Amount: In
million Yen, unless otherwise stated
SUMMARY: FINANCES R/WEAK A/SALES Yen 120 M
PAYMENTS Slow but Correct CAPITAL Yen 3 M
TREND SLOW WORTH Yen 18 M
STARTED 2002 EMPLOYES 4
COMMENT: MFR OF WOMEN’S CLOTHING &
ACCESSORIES.
FINANCIAL SITUATION
CONSIDERED RATHER WEAK BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT: ESTIMATED AT YEN 2.1 MILLION, ON 30 DAYS NORMAL
TERMS.
HIGHLIGHTS:
The subject company was established by Takuya Ozawa in order to make most of his experience in the subject line of business. This is a specialized mfr of women’s clothing and clothing accessories. Mfg is subcontracted to overseas mfrs, India, China & Indonesia, and imported. 90% of the goods are made in India.
FINANCIAL
INFORMATION:
Financials are disclosed only partially.
The sales volume for Nov/2011 fiscal term amounted to Yen 120 million, a similar amount in the previous term. The net profit was posted at Yen 2 million, similarly in the preceding term.
For the term that ended Nov 2014 the net profit was projected at Yen 2 million, on a 3% rise in turnover, to Yen 123 million. Final results are yet to be released.
The financial situation is considered RATHER WEAK but should
be good for MODERATE business engagements. Max credit
limit is estimated at Yen 2.1 million, on 30 days normal terms.
REGISTRATION
Date Registered: Jan 2002
Regd No.: 1800-01-087231 (Aichi-Ichinomiya)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 288 shares
Issued: 72 shares
Sum: Yen 3.6 million
Major shareholders (%): Takuya Ozawa (100)
Nothing detrimental is known as to the commercial morality
of executives.
OPERATION:
Activities: Manufactures (subcontracted) women’s clothing and accessories (--100%)
Mfg is subcontracted to overseas makers: India, China, Indonesia, other
Clients: [Mfrs, wholesalers] Onishi Ltd, Tsuda Sangyo Corp, Asty Inc, other
No. of accounts: 200
Domestic areas of activities: Centered in Aichi-Pref
Suppliers: [Mfrs, wholesalers] India (90%), China (5%), Indonesia, other
Payment record: Slow but Correct
Location: Business area in Ichinomiya City, Aichi-Pref. Office premises at the caption address are owned and maintained satisfactory.
Bank References:
Ichi Shinkin Bank (H/O)
Juroku Bank (Ichinomiya)
Relations: Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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30/11/2014 |
30/11/2013 |
30/11/2012 |
30/11/2011 |
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Annual
Sales |
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123 |
120 |
120 |
120 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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2 |
2 |
2 |
2 |
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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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18 |
16 |
14 |
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Capital,
Paid-Up |
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3 |
3 |
3 |
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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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2.50 |
0.00 |
0.00 |
-47.83 |
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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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1.63 |
1.67 |
1.67 |
1.67 |
Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 30/11/2014 fiscal term.
INFORMATION DETAILS
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Analysis Done by
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KAR |
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Report Prepared
by : |
MNL |
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.