|
Report No. : |
304024 |
|
Report Date : |
19.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
MATSUDA TRADING CO LTD |
|
|
|
|
Registered Office : |
2-8-9 Noge Setagayaku Tokyo 158-0092 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
August 1965 |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Import, wholesale of interior decoration (textiles) |
|
|
|
|
No. of Employee : |
2 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
COMPANY NAME:
MATSUDA TRADING CO LTD
REGD NAME:
Matsuda Trading KK
MAIN OFFICE:
2-8-9 Noge
Setagayaku Tokyo 158-0092 JAPAN
Tel:
03-3704-831 Fax: 03-3703-2284
URL:
N/A
ACTIVITIES:
Import, wholesale of
interior decoration (textiles)
BRANCHES:
Nil
OFFICERS:
HEISABURO MATSUDA,
PRES
Sachiko Matsuda,
dir
Norimasa Shibata,
dir
Yen Amount: In million Yen, unless otherwise stated
SUMMARY:
FINANCES R/WEAK A/SALES Yen 30 M
PAYMENTSSLOW BUT
CORRECT CAPITAL Yen 16 M
TREND SLOW WORTH Yen 49 M
STARTED 1965 EMPLOYES 2
COMMENT:
TRADING FIRM SPECIALIZING IN INTERIOR
DECORATION.
FINANCIAL SITUATION CONSIDERED RATHER WEAK
BUT SHOULD BE GOOD FOR MODERATE BUSINESS ENGAGEMENTS.
HIGHLIGHTS:
The subject
company was established by Heisaburo Matsuda in order to make most of his
experience in the subject line of business.
This is a trading firm for import and wholesale of interior decorative
textiles, other. Goods are imported from
India, Indonesia, other S/E countries and wholesaled to retail stores
nationwide. In 2013, closed down its
show-room and operations were reduced.
FINANCIAL INFORMATION:
Financials are
disclosed only partially.
The sales volume for
Dec/2013 fiscal term amounted to Yen 30 million, a 67% down from Yen 90 million
in the previous term. This is referred
to the said closing down of show-room and sales volume was substantially
reduced. The net profit was down to a
minimum amount post-taxes, compared with Yen 1 million a year ago.
For the term that
ended Dec 2014 the net profit was projected at Yen 1 million, on a 17% rise in
turnover, to Yen 35 million. Final
results are yet to be released.
The financial
situation is considered RATHER WEAK but should be good for MODERATE business
engagements.
REGISTRATION:
Date Registered: Aug 1965
Legal Status: Limited
Company (Kabushiki Kaisha)
Authorized: 128,000
shares
Issued: 32,000
shares
Sum: Yen
16 million
Major
shareholders (%): Heisaburo Matsuda (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION:
Activities: Imports and
wholesales home interior decorations (textiles), other (--100%)
Clients: Retail stores, supermarkets,
other
No. of accounts:
250
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs,
wholesalers] Imports from India. Indonesia, other S/E Asia
Payment record: Regular
Location: Business area in
Tokyo. Office premises at the caption address
are leased and maintained satisfactory.
Bank References:
Mizuho Bank (Gotanda)
Relations: Money
deposits and transfers only
FINANCES (In Million
Yen)
|
Terms Ending: |
|
31/12/2014 |
31/12/2013 |
31/12/2012 |
31/12/2011 |
|
Annual
Sales |
|
35 |
30 |
90 |
90 |
|
Recur.
Profit |
|
.. |
.. |
.. |
.. |
|
Net
Profit |
|
1 |
0 |
1 |
1 |
|
Total
Assets |
|
|
N/A |
N/A |
N/A |
|
Net
Worth |
|
|
49 |
49 |
48 |
|
Capital,
Paid-Up |
|
|
16 |
16 |
16 |
|
Div.P.Share(¥) |
|
|
0.00 |
0.00 |
0.00 |
|
<Analytical Data> |
|
(%) |
(%) |
(%) |
(%) |
|
S.Growth Rate |
|
16.67 |
-66.67 |
0.00 |
-5.26 |
|
Current Ratio |
|
|
.. |
.. |
.. |
|
N.Worth Ratio |
|
|
.. |
.. |
.. |
|
N.Profit/Sales |
|
2.86 |
0.00 |
1.11 |
1.11 |
Notes: Financials are only partially disclosed.
Forecast (or estimated) figures for the 31/12/2014 fiscal term.
INFORMATION DETAILS
|
Analysis Done by
: |
KRN |
|
|
|
|
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.