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Report No. : |
338950 |
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Report Date : |
10.09.2015 |
IDENTIFICATION DETAILS
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Name : |
AKITZUKI TRADING CO LTD |
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Registered Office : |
1-4-4-125 Semba-Chuo Chuoku Osaka 541-0055 |
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Country : |
Japan |
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Financials (as on) : |
31.01.2015 |
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Date of Incorporation : |
April 1967 |
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Com. Reg. No.: |
1200-01-073327 (Osaka-Chuoku) |
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Legal Form : |
Limited Company (Kabushiki Kaisha) |
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Line of Business : |
Imports, exports and wholesales (partially retail) household goods, interior goods, women’ clothing, bags, clothing accessories, artificial flowers, other (--100%) |
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No. of Employee : |
21 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
COMPANY
NAME AND ADDRESS
AKITZUKI TRADING CO LTD
REGD NAME: Akizuki
Boeki KK
MAIN OFFICE: 1-4-4-125
Semba-Chuo Chuoku Osaka 541-0055 JAPAN
Tel: 06-6261-2902 Fax: 06-6261-2902
URL: http://www.akitzuki.co.jp
E-Mail address: m.seo@akitzuki.co.jp
ACTIVITIES
Import, export,
wholesale of household goods, interior goods, clothing, other
BRANCHES
Tokyo
OVERSEAS
China, Hong Kong,
Thailand, Spain (--Business partners
OFFICERS
DEN’ICHI AKIZUKI,
PRES Shiho Nishihara, dir
Shigeru Shibata,
dir Kochi Mukai, dir
Tsuyoshi Nagata,
dir
Yen Amount: In million Yen, unless otherwise stated
SUMMARY
FINANCES FAIR A/SALES Yen 525 M
PAYMENTS NO COMPLAINTS CAPITAL Yen 30 M
TREND STEADY WORTH Yen 310 M
STARTED 1967 EMPLOYES 21
COMMENT
TRADING FIRM SPECIALIZING IN HOUSEHOLD
GOODS.
FINANCIAL SITUATION CONSIDERED FAIR AND GOOD
FOR ORDINARY BUSINESS
ENGAGEMENTS.
MAX CREDIT LIMIT:
ESTIMATED AT YEN 9.6 MILLION, ON 30 DAYS NORMAL TERMS.
HIGHLIGHTS
The subject company is a trading firm for import, export and wholesale
of household goods, interior goods, women’s apparel, bags & other clothing
accessories, artificial flowers, other.
Goods are also retailed. Imports from
China, Hong Kong, Italy, Spain, Thailand, other.
FINANCIAL
INFORMATION
Financials are disclosed only partially.
The sales volume for Jan/2015 fiscal term amounted to Yen 525 million, a
3% up from
Yen 508 million in the previous term.
The weaker Yen contributed. The
net profit was posted at 29 million, similarly in the previous term.
For the current term ending Jan 2016 the net profit is projected at Yen
30 million, on a 3% rise in turnover, to Yen 540 million.
The financial situation is considered FAIR and good for ORDINARY
business engagements. Max credit limit
is estimated at Yen 9.6 million, on 30 days normal terms.
REGISTRATION
Date Registered: Apr 1967
Regd No.:
1200-01-073327 (Osaka-Chuoku)
Legal Status: Limited Company (Kabushiki Kaisha)
Authorized: 240,000 shares
Issued: 60,000 shares
Sum: Yen 30 million
Major shareholders (%): Den’ichi Akizuki
(99), Shiho Nishihara, Tomi Akizuki (each 0.5%)
No.
of shareholders: 3
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports, exports
and wholesales (partially retail) household goods, interior goods, women’
clothing, bags, clothing accessories, artificial flowers, other (--100%)
Clients: [Mfrs,
wholesalers] Passport, Hankyu Corp, Candy Tower, Top One, other
No. of accounts: 350
Domestic areas of activities: Centered in
the greater-Osaka
Suppliers: [Mfrs,
wholesalers] Imports from China, Hong Kong, Italy, Spain, Thailand, other
Payment record: No Complaints
Location: Business area in
Osaka. Office premises at the caption
address are owned and maintained satisfactorily.
Bank References:
SMBC (Midosuji)
MUFG (Semba)
Relations:
Satisfactory
FINANCES
(In Million Yen)
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Terms Ending: |
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31/01/2016 |
31/01/2015 |
31/01/2014 |
31/01/2013 |
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Annual
Sales |
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540 |
525 |
508 |
483 |
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Recur.
Profit |
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.. |
.. |
.. |
.. |
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Net
Profit |
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30 |
29 |
29 |
23 |
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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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310 |
290 |
270 |
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Capital,
Paid-Up |
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30 |
30 |
30 |
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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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2.86 |
3.35 |
5.18 |
3.65 |
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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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5.56 |
5.52 |
5.71 |
4.76 |
Notes: Financials
are only partially disclosed.
Forecast (or
estimated) figures for the 31/01/2016 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.