|
Report No. : |
299796 |
|
Report Date : |
09.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
JGC CORPORATION |
|
|
|
|
Registered Office : |
2-2-1, Ohtemachi, Chiyoda-ku, Tokyo |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation : |
25.10.1928 |
|
|
|
|
Com. Reg. No.: |
0100-01-008732 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Subject is engaged in Consulting services for industrialization, regional development and environmental conservation programs |
|
|
|
|
No. of Employee : |
7,005 |
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 |
|
Maximum Credit Limit : |
US$ 155 Million |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Japan |
A1 |
A1 |
|
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 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.
|
Source
: CIA |
JGC CORPORATION
Country: Japan
Company name: JGC CORPORATION
Name in local language: NIKKI
K.K. (日揮株式会社)
Registered address: 2-2-1,
Ohtemachi, Chiyoda-ku, Tokyo
Operational address: 2-3-1,
Minatomirai, Nishi-ku, Yokohama-shi, Kanagawa 220-6001
Office tel: 045-682-1111
Office fax: 045-682-1112
Office e-mail: webmaster@jgc.co.jp
Website: www.jgc.com
Business type: Service
Industry: Construction
& Construction Materials
Established: October 25, 1928
Capital: Jp.
23,511,189,612 yen
Employees: 7,005
Corporate formation: Listed
Corporation No.: 0100-01-008732
(Tokyo Legal Affairs Bureau)
As of March 31, 2014
Paid-in capital : 23,511,189,612
yen
Number of authorized shares : 600,000,000
shares
Number of outstanding shares : 259,052,929
shares
Number of shareholders : 6,023
Shareholder
Name No of
Thousand Shares (%)
----------------------------------------------------- -------------------------------------------------------------
Master Trust Bank of Japan, Ltd.
21,373 (8.25)
Japan Trustee Services Bank, Ltd. (trust unit) 18,731
(7.23)
Nikki Shoji Co., Ltd.
12,112 (4.67)
Sumitomo Mitsui Banking Corp.
11,000 (4.24)
Nikki Miyoshi Scholarship Foundation 8,433
(3.25)
Mizuho Bank, Ltd. 5,700
(2.20)
Northern Trust Company 4,168 (1.60)
CBNY-SCOUT International Fund 3,571 (1.37)
Paribas Securities Inc. 3,155 (1.21)
State Street Bank & Trust Co. (by Mizuho Bank) 3,127 (1.20)
------------------------------------------------------------------------------------------------------------------
Total
91,372 (35.27)
Activity Product/Service Description
-------------------------------------------------------------------------------
Service Petroleum
refinery facilities/plants
Service Natural liquid
gas/city gas plants
Service Coal processing
facilities
Service Electric
generating plants
Service Atomic energy
plants
Service Petrochemical
plants
Service Synthetic rubber
plants
Service Synthetic
resin/plastic plants
Service Synthetic fiber
plants
Service Inorganic
chemical/coal chemical/gas chemical plants
Service Fine ceramic
manufacturing plants
Service Food freezing/processing plants
Service Pharmaceutical
plants
Service
Cosmetic/detergent plants
Service Communication
information facilities
Service Astronomic
development service
Service Airport/seaport
facilities storage base
Chairman Mr. Masayuki Sato (*)
Nationality: Japan
President Mr. Koichi Kawana (*)
Nationality: Japan
Vice President Mr. Tadashi Ishizuka
Nationality: Japan
Vice President Mr. Yutaka Yamazaki
Nationality: Japan
Director Mr.
Tustomu Akabane
Nationality: Japan
Director Mr.
Hideaki Miura
Nationality: Japan
Director Mr.
Satoshi Sato
Nationality: Japan
Director Mr. Hiroyuki Miyoshi
Nationality: Japan
Director Mr.
Masanori Suzuki
Nationality: Japan
Director Mr. Shigeru Endo
Nationality: Japan
Auditor Mr. Yukihiko Shimizu
Nationality: Japan
Auditor Mr. Minoru Sakuma
Nationality: Japan
Auditor Mr. Toyohiko Shimada
Nationality: Japan
Auditor Mr. Masao Mori
Nationality: Japan
Auditor Mr. Koichi Ohno
Nationality: Japan
Note: The names of directors and auditors are phonetically spelt.
(*) = representative
directors
*Key Personnel*
==============
Mr. Koichi Kawana
Representative director, president & COO since June 2011
Born on April 23, 1958
Business career:
Apr. 1982:
Employed by the subject.
Jul. 2009:
Managing director.
Currency: (local currency – Jp. yen)
--------------------------------------------------------------------------------------
Year
| Sales | Net Income
--------------------------------------------------------------------------------------
|
2009 |
450,911,000,000 |
31,543,000,000 |
|
2010 |
414,257,000,000 |
27,112,000,000 |
|
2011 |
447,222,000,000 |
25,477,000,000 |
|
2012 |
556,966,000,000 |
39,111,000,000 |
|
2013 |
624,637,000,000 |
46,179,000,000 |
|
2014 |
675,821,000,000 |
47,178,000,000 |
*Book Closing*
=============
March 31st
*Financials*
=========
|
Consolidated Balance Sheet: |
|
|
|
|
Denomination: millions of JP yen |
|
|
|
|
|
03/31/2012 |
03/31/2013 |
03/31/2014 |
|
Assets |
|
|
|
|
Cash & deposits |
195,056 |
259,777 |
354,199 |
|
Accounts receivable |
87,141 |
96,478 |
102,170 |
|
Securities marketable |
27,500 |
25,000 |
31,052 |
|
Inventories |
38,860 |
44,383 |
49,483 |
|
Deferred tax assets |
11,516 |
15,068 |
15,534 |
|
Others |
16,099 |
19,522 |
23,448 |
|
Total Current Assets |
376,172 |
460231 |
575,886 |
|
Fixed Assets |
|
|
|
|
Tangible fixed assets |
64,887 |
71,708 |
70,290 |
|
Intangible fixed assets |
10,381 |
12,780 |
16,757 |
|
Investments & others |
74,728 |
84,037 |
83,168 |
|
Total Fixed Assets |
149,996 |
168,526 |
170,216 |
|
Total Assets |
526,169 |
628,757 |
746,102 |
|
Liabilities |
|
|
|
|
Accounts payable |
82,375 |
93,335 |
107,450 |
|
Short-term borrowings |
1,497 |
6,686 |
0 |
|
Outstanding taxes |
14,661 |
18,758 |
16,843 |
|
Advance received |
66,035 |
87,711 |
163,406 |
|
Others |
41,203 |
55,949 |
45,654 |
|
Total Current Liabilities |
205,771 |
262,439 |
333,353 |
|
Fixed Liabilities |
|
|
|
|
Long-term borrowings |
7,591 |
9,363 |
13,001 |
|
Retirement allowance |
13,694 |
12,626 |
11,724 |
|
Others |
8,070 |
8,246 |
8,141 |
|
Total Fixed Liabilities |
29,355 |
30,235 |
32,866 |
|
Net Assets |
|
|
|
|
Shareholders' equity |
|
|
|
|
Paid-in capital |
23,511 |
23,511 |
23,511 |
|
Legal reserves |
25,603 |
25,603 |
25,607 |
|
Surplus retained |
255,322 |
291,781 |
327,775 |
|
Treasury stock |
-6,256 |
-6,330 |
-6,477 |
|
Total Shareholders' Equity |
298,180 |
334,565 |
370,415 |
|
Other comprehensive accum. |
-7,765 |
968 |
4,238 |
|
profit(loss) |
|
|
|
|
Minority interests |
626 |
549 |
5,227 |
|
Total Net Assets |
291,042 |
336,083 |
379,882 |
|
Total Liabilities & Net
Assets |
526,169 |
628,757 |
746,102 |
|
|
|
|
|
|
Consolidated Income Statement: |
|
|
|
|
Denomination: millions of JP yen |
|
|
|
|
|
03/31/2012 |
03/31/2013 |
03/31/2014 |
|
Net Sales |
556,966 |
624,637 |
675,821 |
|
Cost of goods sold |
470,226 |
540,164 |
587,437 |
|
Gross profit |
86,740 |
84,473 |
88,384 |
|
Sales & general expenses |
19,686 |
20,349 |
20,130 |
|
Operating profit(loss) |
67,053 |
64,123 |
68,253 |
|
Non operating income |
7,234 |
9,149 |
16,184 |
|
Non operating expenses |
1,737 |
783 |
762 |
|
Ordinary profit(loss) |
72,550 |
72,489 |
83,675 |
|
Special profit |
241 |
224 |
2,485 |
|
Special loss |
1,314 |
10,401 |
9,250 |
|
Pretax profit(loss) |
71,478 |
62,312 |
76,909 |
|
Provision for taxes |
31,887 |
16,086 |
29,481 |
|
Minority interest(loss) |
479 |
46 |
249 |
|
Net profit(loss) |
39,111 |
46,179 |
47,178 |
|
|
|
|
|
*Latest Financials *
================
On November 11, 2014, the subject released the following business
results and forecast:
As of September 30, 2014(2Q Mar. 2015 term)
Unit: millions of JPY
|
Year term |
Sales |
Operating profit |
Ordinary profit |
Net profit |
|
2Q 2014 |
314,243 |
30,948 |
38,590 |
24,822 |
|
2Q 2015 |
401,005 |
31,005 |
35,315 |
25,432 |
|
FY 2015(F) |
780,000 |
55,000 |
59,000 |
42,000 |
|
Current assets; |
514,680 |
|
Fixed assets; |
174,497 |
|
Total assets; |
689,177 |
|
Current liabilities; |
265,892 |
|
Fixed liabilities; |
34,620 |
|
Total liabilities; |
300,512 |
|
Shareholders’ equity; |
383,898 |
|
Retained earnings; |
341,279 |
|
Total net assets; |
388,665 |
|
Total liabilities and
net assets; |
689,177 |
*Bank Details*
===========
Bank Name Branch
-----------------------------------------------------------------------------------
Sumitomo Mitsui Banking Corp. head office
Mizuho Bank, Ltd. head office
Bank of Tokyo-Mitsubishi UFJ, Ltd.
head office
*Credit opinion*
=============
The subject is a long-established and nation's leading engineering and
plant construction company operating worldwide. The subject lost valuable human powers caused by a terror attack in
Algeria in January 2013.
A gigantic LNG Facility Project in Australian is now contributing a lot
by its full-fledged operation since 2013.
Further LNG projects in Malaysia, the Mideast and Canada are on the way
in addition to that in Russia. One recent concern is a plunge of oil price,
which might delay some plans.
Financial strength is strong enough.
No precaution is to be utilized with the subject.
Advisable to establish a high open account credit line.
Our standard suggestion would be up to US$ 155 million on terms of 90
days.
Branch name: TOKYO HEAD OFFICE
Branch address: New
Ohtemachi Bldg., 2-2-1, Ohtemachi, Chiyoda-ku, Tokyo 100-0004
Branch
tel: 3-3279-5441
Branch fax: 3-3273-8047
----------------------------------------------------------------------------------------------------
Branch name: KAMIOOKA OFFICE
Branch address: 13-1, Saido 1-chome,
Konan-ku, Yokohama-shi, Kanagawa
233-0008
Branch tel: 45-682-1111
Branch fax: 45-682-1112
----------------------------------------------------------------------------------------------------
Branch name: RESEARCH &
DEVELOPMENT CENTER
Branch address: 2205,
Narita-cho, Oarai-machi, Higashi Ibaragi-gun, Ibaragi pref. 311-1313
Branch tel: 29-266-3311
Branch fax: 29-266-3310
----------------------------------------------------------------------------------------------------
Branch name: OSAKA
OFFICE
Branch address: 1-18,
Kitahama 3-chome, Chuo-ku, Osaka-shi, Osaka 5410041
Branch tel: 6-6208-0260
Branch fax: 6-6208-0265
----------------------------------------------------------------------------------------------------
Branch name: BEIJING OFFICE
Branch address: Dongcheng
District, Beijing 100005 China
----------------------------------------------------------------------------------------------------
Branch name: JAKARTA OFFICE
Branch address: Jakarta
10340, Indonesia
----------------------------------------------------------------------------------------------------
Branch name: ABU DHABI OFFICE
Branch address: Abu
Dhabi, U.A.E.
----------------------------------------------------------------------------------------------------
Branch name: PARIS OFFICE
Branch address: Paris
Cedex 01, France
----------------------------------------------------------------------------------------------------
Branch name: LONDON OFFICE
Branch address: London,
UB6 OJA, U.K.
----------------------------------------------------------------------------------------------------
Branch name: ALGERS OFFICE
Branch address: Alger, Algeria
----------------------------------------------------------------------------------------------------
Branch name: HANOI OFFICE
Branch address: Hanoi,
Vietnam
----------------------------------------------------------------------------------------------------
Branch name: PERTH OFFICE
Branch address: Perth,
Asutralia
----------------------------------------------------------------------------------------------------
Branch name: ALMATY OFFICE
Branch address: Almaty,
Kazakhsatan
*Main Products
& Services*
=====================
The subject operates the following business:
1. Consulting services for industrialization, regional development and
environmental
conservation programs
2. Project management
3. Planning, engineering, procurement, construction and test run
services for:
- Petroleum refineries
- Gas processing plants
- Town gas plants
- Electric power generation
plants
- Nuclear plants
- Petrochemical plants
- Coal and gas chemical
plants
- Inorganic chemical plants
- Fine ceramics plants
- Steel plants
- Agricultural and feed
plants
- Food processing plants
- Pharmaceutical, cosmetic
and detergent plants
- Synthetic rubber, resin
and fiber plants
- Medical facilities
- Communication facilities
- Oil terminals
- LNG/LPG terminals
- Coal handling and
conversion plants
- Offsite facilities
- Pipelines
- Airport, port and offshore
facilities
- Desalination plants
- Environmental conservation
facilities
4. Training, maintenance and after-installation services
5. Research and development
6. Sales of various plant equipment and materials
The subject's services cover the following plants and facilities:
Petroleum Refining/ Natural Gas/ Town Gas/ Coal/ Electric Power
Generation/ Nuclear/
Petrochemicals/ Synthetic Rubbers, Resins, Fibers/ Inorganic Chemicals,
Gas Chemicals, Coal
Chemicals/ Fine Ceramics/ Foods/ Medical/ Communications/ Outer Space/
Storage Terminals,
Pipelines/ Offsite Facilities/ Environmental Conservation
For March 2014 term:
- Total engineering business..........92%
- Catalysts & fine chemicals............5%
- Others.............................................3%
Overseas business accounts for 83%.
*Addresses*
==========
Registered address:
2-2-1, Ohtemachi, Chiyoda-ku, Tokyo
Operational head office:
Queen's Tower Wing-A, 2-3-1, Minato-mirai, Nishi-ku, Yokohama-shi,
Kanagawa 220-6001
The quoted phone number cannot be specified.
*Company History*
===============
Date Development
----------------------------------------------------------
Oct.
1928: Started and incorporated in
Tokyo under the name of Japan Gasoline Co., Ltd. With an investment of 2,500,000 yen.
Jan. 1933: Moved the head
office to Osaka city.
Jan. 1949: Moved the head
office to Tokyo.
May 1962: Listed as
registered public company in the 2nd Section of TSE.
Oct. 1976: Changed the
company name to the current one.
Jun. 1997: Completed a new
building in the present address of Yokohama city to move in.
Jul. 2004: Catalysts &
Chemical Industries Ltd. became an entire subsidiary of the subject.
Jul.
2008: JGC Chemicals merged with
Catalysts Chemical Industries to form 'JGC Catalysts Chemicals Ltd.'
*Domestic Suppliers*
=================
- Tokki Ltd.
- Sanki Kogyo Co., Ltd.
- Nippon Steel & Sumitomo Metal Corporation
- Kandenko Co., Ltd.
- Toyo Kanetsu K.K.
- Ebara Corporation
- Kobe Steel, Ltd.
*Domestic Customers*
================
- Showa Denko K.K.
- Cosmo Oil Co., Ltd.
- Idemitsu Co., Ltd.
- The Tokyo Electric Power Co., Inc.
- Tokyo Gas Co., Ltd.
- Kansai Electric Power Co., Ltd.
- Sumitomo Chemical Co., Ltd.
- Fuji Oil Co., Ltd.
*Overseas Customers*
==================
National project promotion entities
General corporation
Government and municipal offices
Company name: JGC CATALYSTS CHEMICAL INDUSTRIES LTD.
Country: Japan
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: JGC BUSINESS SERVICE LTD.
Country: Japan
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: JGC CORPORATION EUROPE B.V.
Country: Netherlands
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: JGC SINGAPORE PTE. LTD.
Country: Singapore
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: JGC PHILIPPINE, INC.
Country: Philippines
Status: Subsidiary
----------------------------------------------------------------------------------------------------
Company name: JGC ENERGY DEVELOPMENT(USA) INC.
Country: USA
Status: Subsidiary
----------------------------------------------------------------------------------------------------
*Subsidiaries
& Affiliates*
=====================
As the core company of JGC Corporation group companies, the subject owns
and controls a total of 48 subsidiaries and 36 affiliates to conduct its whole
business activities worldwide as of March 31, 2014.
JGC stands for Japan Gasoline Company, of which original name in
Japanese is 'Nikki K.K.'
*Domestic
affiliated companies*
==========================
1) Nikki-Universal Co., Ltd.
Shinagawa-ku, Tokyo,
Tel: 81-3-5436-8413,
Fax: 81-3-5436-8388
2) JAPAN NUS Co., Ltd.
LOOP-X Bldg.,
8F,3-9-15, Kaigan, Minato-ku, Tokyo 108-0022, Japan
Tel:
81-3-5440-1851, Fax: 81-3-5440-1872
Engineering and
Construction Services
3) JGC Project Services Co., Ltd.
1-13-1, Saido,
Kounan-ku, Yokohama, 233-8550, Japan
Tel:
81-45-743-7400, Fax: 81-45-743-7401
4) Nikki Construction Co., Ltd.
3-17, Egasaki-cho,
Tsurumi-ku, Yokohama, 230-0002, Japan
Tel:
81-45-571-7841, Fax: 81-45-575-5067
5) JGC PLANTECH Co., Ltd.
1-13-10, Saido,
Kounan-ku,, Yokohama, 233-8550, Japan
Tel:
81-45-743-3377, Fax: 81-45-743-3372
6) Nippon Industrial Cleaning Services Co., Ltd.
1-13-10, Saido, Kounan-ku,
Yokohama, 233-0008, Japan
Tel: 81-45-711-3301,
Fax: 81-45-711-3329
7) Japan fine Ceramics Co., Ltd.
3-10, Akedori,
Izumi-ku, Sendai, 981-3206, Japan
Tel:
81-22-378-7825, Fax: 81-22-378-7832
8) Nikki Chemical Co., Ltd.
1-13-1, Saido, Kounan-ku,
Yokohama, 233-8550, Japan
Tel:
81-45-711-7511, Fax: 81-45-711-7678
9) Nikki Shoji Co., Ltd.
2-3-1, Minato Mirai,
Nishi-ku, Yokohama, 220-6001, Japan
Tel:
81-45-682-8692, Fax: 81-45-682-8693
10) Industries Co., Ltd.
Solid Square East Tower
16F, 580 Horikawa-cho, Saiwai-ku, Kawasaki,
212-0013, Japan
Tel:
81-44-556-9120, Fax: 81-44-556-9127
*Overseas offices*
================
Asia
-----------------------------------------------------------------------------
Beijing Office
Room No. 605, Office Tower I, Henderson Centre, No.18
Jianguomennei Dajie, Dongcheng District, Beijing 100005, China
Tel: 86-10-6518-3001 Fax:
86-10-6518-3006
Jakarta Office
Wisma Kyoei Prince, 12A Floor, Jl. Jend. Sudirman Kav. 3, Jakarta 10220,
Indonesia
Tel: 62-21-572-3320 Fax:
62-21-572-4311
Hanoi Office
A312 The Manor Towers, My Dinh, Me Tri, Tu Liem, Hanoi, Vietnam
Tel: 84-4-3936-6850 Fax:
84-4-3936-6851
Middle East
------------------------------------------------------------------------------
Abu Dhabi Office
P. O. Box 28543, 5th Floor, Flat
No.505, 'NEXT' Building, Snk. Hamdan St./Umm Al Nar St.
Abu Dhabi, U. A. E.
Tel: 971-2-6211-138 Fax:
971-2-6210-332
Europe
------------------------------------------------------------------------------
Paris Office
17 Rue de Quatre Septembre, 75002 Paris France
Tel:
33-1-4477-4300 Fax: 33-1-4477-4311
Almaty
Office
050059 Almaty Samal-2 Microdistrict Bldg. 56A Office 203 Kazakhstan
Tel: 7-727-263-5185 Fax:
7-727-263-5187
Africa
-----------------------------------------------------------------------------
Algiers
Office
Boulevard du 11 decembre 1960, Lotissement No.6, El-Biar, Alger, Algeria
Tel: 213-21-91-2366 Fax:
213-21-91-2285
*Overseas affiliated companies*
===========================
Asia
--------------------------------------------------------------------------------
JGC Engineering Consultants (Shanghai) Co., Ltd.
Suite 1502-1504, Pos-Plaza, 1600 Century Avenue, Pudong New Area,
Shanghai 200122, China
Tel: 86-21-5058-9881 Fax:
86-21-5058-9880
JGC Philippines, Inc.
http://www.jgc.com.ph/home/
2109 Prime Street, Madrigal Business Park, Ayala Alabang, Muntinlupa City,
Philippines
Tel: 63-2-876-6000 Fax:
63-2-807-0668
PT. JGC INDONESIA
http://www.jgc-indonesia.com/
Jl. TB Simatupang 7-B Jakarta 12430, Indonesia
Tel: 62-21-29976500 Fax:
62-21-29976599
JGC VIETNAM COMPANY LIMITED
A212, The Manor Towers, My Dinh, Me Tri, Tu Liem, Hanoi, Vietnam
Tel: 84-4-3794-0520 Fax:
84-4-3796-0522
JGC Singapore Pte. Ltd.
29 International Business Park, #07-01 Acer Building Tower A ,Singapore
609923
Tel: 65-6-227-0122 Fax:
65-6-227-0358
JGC Construction
International Pte. Ltd.
29 International Business Park, #07-01 Acer Building Tower A, Singapore 609923
Tel: 65-6-561-1255 Fax:
65-6-561-1767
JGC Korea Corp.
Lotte Kwanak Tower 5th Floor 395-67, Shindaebang-Dong, Dongjak-Ku, Seoul, Korea
Tel: 82-2-831-7316 Fax:
82-2-831-7317
JGC MALAYSIA SDN. BHD.
Level 9, Wisma Genting Jalan Sultan Ismail 50250, Kuala Lumpur
Tel: 60-3-21612155
Fax: 60-3-21619110
Middle East
-------------------------------------------------------------------------------
JGC Arabia Ltd.
P.O.Box 2414, Al-Khobar 31952, Saudi Arabia
Tel: 966-3-896-5055 Fax:
966-3-896-5056
JGC Middle East FZE
Office No. LB13124 P.O.Box 18414, Jebel Ali, Dubai, Unied Arab Emirates
Tel: 971-4-8812102 Fax:
971-4-8873102
JGC Gulf International Ltd.
Al-Khobar Office:
P.O.Box 2257, Al-Khobar 31952, Saudi Arabia
Tel: 966-3-896-5060 Fax:
966-3-896-5071
Doha Branch:
Al Fardan Tower 25F, P. O. Box 22173, Doha, Qatar
Tel: 974-4409-3424 Fax:
974-4409-3557
Europe
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JGC Corporation (UK) Ltd.
401 Marble Arch Tower,55 Bryanston Street,London, W1H 7AA, U.K.
Tel: 44-20-7868-8012 Fax:
44-20-7868-8011
JGC Italy S. r. l.
Expediting/ Inspection Coordination in European Area
Via Lallio 35-Frazione Sforzatica 24044 Dalmine (BG), ITALY
Tel: 39-035-373705 Fax:
39-035-373728
Africa
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JGC Nigeria Ltd.
Block 1, Flat 6, Zion Court No. 1 Samuel Adedoyin Street, Ikate Lekki,
Lagos, Nogeria
Tel: 234-1-463-0603
JGC Algeria S. p. A
Boulevard du 11 decembre 1960, Lotissement No.6, El-Biar, Alger, Algeria
Tel: 213-21-91-2366 Fax:
213-21-91-2285
The Americas
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JGC (USA), Inc.
10370 Richmond Ave., Suite 800, Houston, TX 77042, U.S.A.
Tel: 1-713-789-1441 Fax:
1-713-975-7874
JGC Energy Development (USA), Inc.
10370 Richmond Ave., Suite 810, Houston, TX 77042, U.S.A.
Tel: 1-832-487-9965 Fax:
1-832-487-9973
JGC VENEZUELA C. A.
Edificio Bancaracas Piso 6, Oficina 6-06, Av. San Felipe con 2da Calle,
La Castellana,
Caracas, Venezuela
Tel : 58-212-266-9155 Fax :
58-212-265-9231
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.96 |
|
|
1 |
Rs.94.97 |
|
Euro |
1 |
Rs.74.42 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
DPT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.