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Report No. : |
305398 |
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Report Date : |
16.02.2015 |
IDENTIFICATION DETAILS
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Name : |
PERTAMA INTERNATIONAL INC |
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Registered Office : |
8-3-14 |
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Country : |
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Date of Incorporation : |
April 2003 |
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Com. Reg. No.: |
1400-02-052878 (Hyogo-Himeji) |
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Legal Form : |
Private Limited Company (Yugen Gaisha) |
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Line of Business : |
Imports, exports and wholesales semiconductor mfg parts, supplies
& accessories |
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No. of Employee : |
3 |
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 |
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Status : |
Moderate |
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Payment Behaviour : |
No complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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. Prime Minister Shinzo ABE has declared the economy his government's top priority; he has overturned his predecessor's plan to permanently close nuclear power plants and is pursuing an economic revitalization agenda of fiscal stimulus, monetary easing, and structural reform. Japan joined the Trans Pacific Partnership 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 2013 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 is exceeding 230% of GDP. To help raise government revenue and reduce public debt, Japan decided in 2013 to gradually increase the consumption tax to a total of 10% by the year 2015. Japan is making progress on ending deflation due to a weaker yen and higher energy costs, but reliance on exports to drive growth and an aging, shrinking population pose other major long-term challenges for the economy.
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Source
: CIA |
PERTAMA INTERNATIONAL INC
REGD NAME: YK
Pertama International
MAIN OFFICE: 8-3-14
Tsujii Himeji City Hyogo-Pref 670-0083 JAPAN
Tel: 079-295-6751
Fax: 079-295-6751
URL: N/A
Import, export,
wholesale of semiconductor mfg parts & supplies
Nil
KAZUMI KURIYAMA,
PRES
Yen Amount: In million Yen, unless otherwise stated
FINANCES R/WEAK A/SALES Yen 100 M
PAYMENTS NO COMPLAINTS CAPITAL Yen 3 M
TREND SLOW WORTH Yen
73 M
STARTED 2003 EMPLOYES 3
TRADING FIRM SPECIALIZING IN SEMICONDUCTOR
MFG PARTS.
FINANCIAL SITUATION CONSIDERED RATHER WEAK
BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
The subject company was established by Kazumi Kuriyama in order to make
most of his experience in the subject line of business. This is a trading firm, operating from home
address, for import, export and wholesale of semiconductor mfg parts &
supplies/accessories. Goods are mostly
exported to Asian countries. Clients are
semiconductor mfrs, wholesalers, other
Financials are disclosed only partially.
Profits are not disclosed and only estimated.
The sales volume for Dec/2013 fiscal term amounted to Yen 100 million, a
9% down from Yen 110 million in the previous term. Export revenues decreased in Yen terms by the
high Yen. The net profit is estimated posted at Yen 10 million, similarly in
the previous period.
For the current term ending Dec 2014 the net profit was projected at Yen
10 million, on a 10% rise in turnover, to Yen 110 million. Final results are yet to be released.
The financial situation is considered RATHER WEAK but should be good for
MODERATE business engagements.
Date Registered: Apr 2003
Regd No.:
1400-02-052878
(Hyogo-Himeji)
Legal Status: Private Limited Company (Yugen Gaisha)
Capital sum:
Yen 3 million
Major
shareholders (%): Kazumi Kuriyama (100)
Nothing
detrimental is known as to his commercial morality of executives.
Activities: Imports, exports
and wholesales semiconductor mfg parts, supplies & accessories (--100%)
Clients: Exports to S/E
Asia, other
No. of accounts: Unavailable
Domestic areas of
activities: Centered in Hyogo-Pref
Suppliers: Mfrs,
wholesalers, other (Details unavailable)
Payment record: No Complaints
Location: Business area in
Himeji City, Hyogo-Pref. Office premises
at the caption address are owned by Kazumi Kuriyama as his home residence and
maintained satisfactory.
Bank References:
SMBC (Himeji)
Relations:
Satisfactory
(In Million Yen)
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Terms Ending: |
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31/12/2014 |
31/12/2013 |
31/12/2012 |
31/12/2011 |
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Annual
Sales |
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110 |
100 |
110 |
110 |
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Recur.
Profit |
|
.. |
.. |
.. |
.. |
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Net
Profit |
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10 |
10 |
10 |
10 |
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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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73 |
63 |
53 |
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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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10.00 |
-9.09 |
0.00 |
0.00 |
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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 |
|
9.09 |
10.00 |
9.09 |
9.09 |
Notes: Financials are only partially
disclosed. Profits are estimated only as
not disclosed.
Forecast (or
estimated) figures for the 31/12/2014 fiscal term.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.14 |
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UK Pound |
1 |
Rs.95.78 |
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Euro |
1 |
Rs.71.05 |
INFORMATION DETAILS
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Analysis Done by
: |
SUB |
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Report Prepared
by : |
ANK |
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 |
-- |
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.