MIRA INFORM REPORT

 

 

Report No. :

350339

Report Date :

16.11.2015

 

IDENTIFICATION DETAILS

 

Name :

GMT TRADING CO LTD

 

 

Registered Office :

1-4-30 Banba Otsu City Shiga-Pref 520-0802

 

 

Country :

Japan

 

 

Date of Incorporation :

December 2008

 

 

Com. Reg. No.:

1600-01-004265 (Shiga-Otsu)

 

 

Legal Form :

Limited Company (Kabushiki Kaisha)

 

 

Line of Business :

Import, retail of teas, mail-order sales, other

 

 

No. of Employee :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Japan

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

COMPANY NAME AND ADDRESS

 

GMT TRADING CO LTD

 

REGD NAME:               GMT Trading KK

MAIN OFFICE:              1-4-30 Banba Otsu City Shiga-Pref 520-0802 JAPAN

                                                Tel: 077-521-8686      Fax: 077-521-7600

URL:                                         http://www.gmt.co.jp

E-Mail address:             info@gmt.co.jp

 

 

ACTIVITIES

 

Import, retail of teas, mail-order sales, other

 

 

BRANCHES

 

Retail shop (At the caption address)

 

 

OVERSEAS

 

India, Sri Lanka, Africa, other (--Business partners)

 

 

OFFICERS

 

HIDETAKA NAKAI, PRES

 

 

REGISTRATION

    

Date Registered:                       Dec 2008

Regd No.:                                 1600-01-004265 (Shiga-Otsu)

Legal Status:                Limited Company (Kabushiki Kaisha)

Authorized:                  800 shares

Issued:                         200 shares

Sum:                            Yen 10 million

 

Major shareholders (%): Hidetaka Nakai (100)

Nothing detrimental is known as to his commercial morality.

 

 

FINDINGS

 

This is a trading firm for import and retail of teas, imported from India, Sri Lanka, Africa, other. Teas are also sold in mail-order system.  The firm does not disclose its financials and all the information herein is based on the Registration Certificate and limited information from outside sources.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.14

UK Pound

1

Rs.100.55

Euro

1

Rs.71.26

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ANK

 

 

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.