MIRA INFORM REPORT

 

 

Report No. :

348883

Report Date :

05.11.2015

 

IDENTIFICATION DETAILS

 

Name :

SUNNY CORPORATION

 

 

Registered Office :

Miki Ishigami Bldg 3F, 3-19-7 Ueno Taitoku Tokyo 110-0005

 

 

Country :

Japan

 

 

Date of Incorporation :

February 2000

 

 

Com. Reg. No.:

0100-02-030119 (Tokyo-Chiyodaku)

 

 

Legal Form :

Private Limited Company (Yugen Kaisha)

 

 

Line of Business :

Import, wholesale of diamonds, precious metals, jewelry products

 

 

No. of Employee :

Not Available 

 

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 AND ADDRESS

 

SUNNY CORPORATION

 

REGD NAME:   YK Sunny Corporation

MAIN OFFICE:  Miki Ishigami Bldg 3F, 3-19-7 Ueno Taitoku Tokyo 110-0005 JAPAN

                                    Tel: 03-5807-7404      Fax: 03-5807-7405

                                    *.. Registered at: 1-20 Sudacho Chiyodaku Tokyo

 

URL:                 htpp://www.sunnycorporation.com

Mail-address:    info@sunnycorporation.com

 

 

ACTIVITIES

 

Import, wholesale of diamonds, precious metals, jewelry products

 

BRANCHES

 

Nil

 

 

FACTORIES

 

(subcontracted)

 

 

OFFICERS

 

A GOYAL, PRES (Phonetically spelled only)

 

                       

REGISTRATION

 

Date Registered:               Feb 2000

Regd No.:                         0100-02-030119 (Tokyo-Chiyodaku)

Legal Status:       Private Limited Company (Yugen Kaisha)

Regd Capital:      Yen 25 million

Major shareholders (%): A Goyal (100)

 

Nothing detrimental is known as to his commercial morality.

 

 

FINDINGS

 

The subject firm is a trading firm for import and wholesale of diamonds, precious metals, jewelry products, other.  Goods are imported from India, Israel, other.  Diamonds are partially subcontracted mfg into jewelry products.  The firm does not disclose any of its financials and all the information herein is derived from the Registration Certificate and limited information from outside sources. 

 

Location: Business area in Tokyo. Office premises at the caption address are leased and maintained atisfactorily.

 

Bank References:

MUFG (Akihabara)

Yachiyo Bank (Kanda)

Relations: Money deposits & transfers only

 

 

FINANCES

 

(In Million Yen)

 

NOT DISCLOSED AND UNAVAILABLE.

 

 

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.