MIRA INFORM REPORT

Report No. :	341927
Report Date :	28.09.2015

IDENTIFICATION DETAILS

Name :	SURAT TRADING CO LTD

Registered Office :	10-8-23 Hiragishi4jo Toyohira-ku, Sapporo-shi, Hokkaido 0620934

Country :	Japan

Date of Incorporation :	17.02.1994

Legal Form :	Private Company with Limited Liability

Line of Business :	Trader of Construction & Construction Materials.

No. of Employee :	4

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

COMPANY DETAILS

Country	:	Japan
Business Entity Name	:	x ⁽¹⁾

Operating Address	:	10-8-23 Hiragishi4jo Toyohira-ku, Sapporo-shi, Hokkaido 0620934
Tel	:	[+81] 11-8319400
Fax	:	[+81] 11-8319401
Primary Business Activity	:	Trader
Primary Industry	:	Construction & Construction Materials

KEY FACTS

Registered Legal Address	:	10-8-23 Hiragishi4jo Toyohira-ku, Sapporo-shi, Hokkaido 0620934
License Number	:	4300-01-008577
Date of Registration	:	17 Feb, 1994
Issuing Authority	:	Legal Affairs Bureau, Ministry of Justice - National
Legal Form - Category	:	Private Company with Limited Liability
Legal Form	:	Company Limited
Legal Form - Abbreviation	:	CO LTD
License Status	:	License exists - Normal.
Operational Status of Business	:	Normal
Employees	:	4
Capital	:	n/a ⁽²⁾

Note:

⁽¹⁾ Legal status of the English corporate name
The English name of the Subject Business Entity (SBE) is a randomly selected translation / transliteration made by the owners of the SBE. It is not a registered English corporate name, but simply a translation / transliteration of the local language name.

⁽²⁾ Not applicable.
Based on the current corporate laws of Japan there is no longer a requirement for Authorized Capital.

ADVERSE DATA

Results

Total of 0 record found.

FINANCIALS - SUMMARY (CURRENCY: USD - US DOLLAR)

Year	Turnover	Assets	Net Income
2012 Annual	3,619,381	n/a	n/a
2013 Annual	3,077,219	n/a	n/a
2014 Annual	2,530,578	n/a	n/a

SALES TREND – ANALYSIS

2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
-	-	-	-	-	-	-	-

RECOMMENDED CREDIT LIMIT - TRADE FINANCE

Maximum Recommended Credit

USD $100,000 based on 90 days

KEY PERSON

Legal Title	:	President
Name	:	Mr. Prem Dayal Datwani
Nationality	:	Indian

PRIMARY PRODUCTS

Products / Materials / Services Description	Activity
Stone materials	Importing, Trading

COMMERCIAL CREDIT INQUIRIES

Date of Inquiry	Industry in which Inquirer Operates	Credit Type (* / **)	Credit Amount	Period
28 Sep, 2015	Professional Services	MRC	USD 100,000	90 days

Note:

MRC

Max. Recommended Credit amount

ISC

Inquirer Specified Credit amount


	FULLCHECK REPORT DETAILS

Country	:	Japan
Business Entity Name	:	SURAT TRADING CO LTD
Primary Business Activity	:	Trader
Primary Industry	:	Construction & Construction Materials
Office Contact Details
Operating Address	:	10-8-23 Hiragishi4jo Toyohira-ku, Sapporo-shi, Hokkaido 0620934
Tel	:	[+81] 11-8319400
Fax	:	[+81] 11-8319401

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Brick/Stone/Const Materials	5032	Importing, Trading
Construction Materials, NEC	5039	Importing, Trading

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description	Code	Activity
Articles of cement, concrete or artificial stone	6810	Importing, Trading
Other stone	6802990060	Importing, Trading


	CORE BUSINESS DESCRIPTION

	Core Business
	The primary business focus of SURAT TRADING CO LTD is Trading - Finished products. Key product include : Stone materials
	Supplementary Business
	In addition to the core business, SURAT TRADING CO LTD also is engaged in the following areas of business: 1. Importing · Importing - Finished products

DOMESTIC SALES & PURCHASES

Annual Sales Analysis	Percentage
Domestic Sales	100%

Annual Purchases Analysis	Percentage
Local Purchases	80%
Imports	20%

COMPANY MANAGEMENT

Management Listings

	Name	Nationality	Job Description	Dept. / Division
1	Ms. Kiyoko Konishi	Japanese	Auditor	-

Management Details – 1

Personal Unique Identifier	:	MI03906470
Name	:	Ms. Kiyoko Konishi
Name in local language	:	小西きよ子

CAPITAL (CURRENCY: JPY - JAPANESE YEN)

Share Value	:	¥ 50,000
No. of Authorized Shares	:	800
Paid-up Capital	:	¥ 10,000,000

FINANCIAL STATEMENT - DETAILED

Income Statement

Currency	:	JPY
Denomination	:	1
Financial Year Ending	:	November

Financial Highlights	2012 Annual	2013 Annual	2014 Annual
Turnover(*)	310,000,000	320,000,000	300,000,000

Note: (*)

Financial Highlights


	REPUTATION
	Reference checking for the purpose of establishing SURAT TRADING CO LTD's reputation within the respective industry failed to reveal any adverse information.


	NEGA-SCAN - ADVERSE DATA MONITORING

DISHONORED CHECKS

No Record Found

DEBT

No Record Found

CIVIL LITIGATION

No Record Found

PERFORMANCE DEFAULTS

No Record Found

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

No Record Found

PAYMENT TERMS

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~90 days

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~90 days

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

BANK DETAILS

Bank Name	:	BANK OF TOKYO-MITSUBISHI UFJ LTD, THE
Global Identifier	:	P0006866
Branch	:	Chiyoda-ku,Tokyo
Branch Address	:	BANK OF TOKYO-MITSUBISHI UFJ LTD , THE, SAPPORO-CHUO
SWIFT Code	:	BOTKJPJT

Bank Name	:	HOKUYO BANK LTD, THE
Global Identifier	:	P0738722
Branch Address	:	Makubetsu (Head Office)
SWIFT Code	:	This bank does not have a SWIFT Code

SHAREHOLDERS

Total number of shareholders	:	1
Total number of shares	:	200

Currency

JPY - Japanese Yen

No.	Shareholders	Country	Shares
No.	Shareholders	Country	Number	Amount (JPY)	%
1	Mr. Prem Dayal Datwani	India	200	10,000,000	100.00
Total			200	10,000,000	100.00

Today's Exchange rate

1.00 JPY
Japanese Yen

0.008312 USD
United States Dollars

Based on corporate statutory laws / regulations in Japan, there is no requirement for public disclosure of Shareholders. In this case, the Shareholders information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

COMPANY DIRECTORS

1
Personal Unique Identifier	:	MI03906493
Name	:	Mr. Akihiko Fukuda
Name in local language	:	福田昭彦

2
Personal Unique Identifier	:	MI03906466
Name	:	Mr. Prem Dayal Datwani

3
Personal Unique Identifier	:	MI03906494
Name	:	Mr. Takashi Kosaki
Name in local language	:	小﨑隆

4
Personal Unique Identifier	:	MI03906495
Name	:	Ms. Makiko Sato
Name in local language	:	佐藤牧子


	INTERNATIONAL TRADE - Activity & Markets

Country / Region	Estimated level of importance	Trading Activity
Asia / Pacific	Medium	Importing
Europe	Medium	Importing
China	Medium	Importing
India	Medium	Importing
Russia	Medium	Importing

DOMESTIC CUSTOMERS

Business Entity Name	Global Identifier
YK SHOJI CO LTD	P3305316

OFFICE & FACILITIES

The following information relates to the Business Entity's office as listed above:

Name	:	SURAT TRADING CO LTD - SAPPORO-SHI, HOKKAIDO
Primary Use	:	Office & Administration facilities
Address	:	10-8-23 Hiragishi4jo Toyohira-ku, Sapporo-shi, Hokkaido 0620934
Country	:	Japan
Status	:	Operational

PREVIOUS CONTACT DETAILS

Company Address	:	5-1-21 Ishiyama2jo, Minami-ku, Sapporo-shi, Hokkaido 0050842
Date of Relocation	:	20 Jan, 1998

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.66.10
UK Pound	1	Rs.100.89
Euro	1	Rs.73.96

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.