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Report No. : |
340632 |
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Report Date : |
09.09.2015 |
IDENTIFICATION DETAILS
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Name : |
E-DICKS INC |
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Registered Office : |
14-209 Oekutsukakecho Nishikyoku Kyoto 610-1106 |
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Country : |
Japan |
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Financials (as on) : |
31.07.2014 |
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Date of Incorporation : |
December 1999 |
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Com. Reg. No.: |
1300-01-007909
(Kyoto-Nishikyoku) |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Subject is import, wholesale,
retail of furniture, interior goods |
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No. of Employee : |
30 |
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 |
COMPANY NAME AND ADDRESS
E-DICKS INC
(A DEPECHE is a shop name operated)
REGD NAME: KK
E-Dicks
MAIN OFFICE: 14-209
Oekutsukakecho Nishikyoku Kyoto 610-1106 JAPAN
Tel: 075-333-2700
Fax: 075-333-2707
URL: http://www.a-depeche.com
E-Mail
address: (thru the URL)
ACTIVITIES
Import,
wholesale, retail of furniture, interior goods
BRANCHES
4 (stores)
OFFICERS
HIDEO
SANO, PRES
Haruka
Sano, dir
Yoshina
Arakami, dir
Yen
Amount: In million Yen, unless
otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 789 M
PAYMENTSNO
COMPLAINTS CAPITAL Yen 10 M
TREND STEADY WORTH Yen 41 M
STARTED 1999 EMPLOYES 30
COMMENT
WHOLESALER OF FURNITURE,
INTERIOR GOODS, OTHER. FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR
ORDINARY BUSINESS ENGAGEMENTS.
MAX
CREDIT LIMIT: ESTIMATED AT YEN 14.4 MILLION, ON 30 DAYS NORMAL TERMS.
HIGHLIGHTS
The subject
company is a wholesaler of furniture, interior goods, other. Operates a shop named “A Depeche” as given, 4
of them in Kyoto, Kobe, Mie, other.
Goods are also imported. Goods
are sold online and mail order systems.
Clients include supermarkets, bed mfrs, other.
FINANCIAL INFORMATION
Financials
are disclosed only partially.
The
sales volume for Jul/2014 fiscal term amounted to Yen 789 million, a 26% up
from Yen 627 million in the previous term.
The net profit was posted at Yen 7 million, compared with Yen 5 million
a year ago.
For
the term ended Jul 2015 the net profit was projected at Yen 10 million, on a 5%
rise in turnover, to Yen 825 million.
Final results are yet to be released.
The
financial situation is considered FAIR and good for ORDINARY business
engagements. Max credit limit is estimated at Yen 14.4 million, on 30 days
normal terms.
REGISTRATION
Date Registered: Dec 1999
Regd No.: 1300-01-007909
(Kyoto-Nishikyoku)
Legal Status: Limited Company (Kabushiki
Kaisha)
Authorized: 800 shares
Issued:
200 shares
Sum: Yen
10 million
Major shareholders (%): Hideo Sano
(100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports, wholesales and retails house
furniture, interior goods, others (--100%)
Clients: [Mfrs, wholesalers] ACME, Karf Co,
Futaba Co, France Bed, Tokyu Hands, other
No. of
accounts: 300
Domestic
areas of activities: Nationwide
Suppliers: Furniture mfrs, wholesalers, other
Payment record: No
Complaints
Location:
Business area in Kyoto. Office premises
at the caption address are owned and maintained satisfactorily.
Bank References:
Kyoto
Bank (Rakusei)
Shiga
Bank (Katsura)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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31/07/2015 |
31/07/2014 |
31/07/2013 |
31/07/2012 |
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Annual
Sales |
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825 |
789 |
627 |
468 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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10 |
7 |
5 |
2 |
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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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41 |
34 |
29 |
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Capital,
Paid-Up |
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10 |
10 |
10 |
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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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4.56 |
25.84 |
33.97 |
-30.15 |
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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 |
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1.21 |
0.89 |
0.80 |
0.43 |
Notes:
Financials are only partially disclosed.
Forecast
(or estimated) figures for the 31/07/2016 fiscal term.
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 |
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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.