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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

492581

Report Date :

16.02.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

JUSTICE CO LTD

 

 

Registered Office :

Fashion Face Bldg 5F, 2-3-3 Nihombashi-Bakurocho Chuoku Tokyo 103-0002

 

 

Country :

Japan

 

 

Financials (as on) :

31.03.2017

 

 

Date of Incorporation :

Jul 1990

 

 

Com. Reg. No.:

0100-01-090231

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Wholesales and retails succor goods: uniforms, shoes, balls, other

 

 

No. of Employees :

13

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Maximum Credit Limit :

Yen 12.3 Million

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

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

 

Country Name

Previous Rating

(30.06.2017)

Current Rating

(30.09.2017)

Japan

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

Company name and address

 

JUSTICE CO LTD

REGD NAME:   KK Justice

MAIN OFFICE:  Fashion Face Bldg 5F, 2-3-3 Nihombashi-Bakurocho Chuoku Tokyo 103-0002 JAPAN

                                    Tel: 03-5643-5123      Fax: 03-5643-5124

 

URL:                 http://www.justice-ml.com

E-Mail address: info@justice-ml.com

 

ACTIVITIES:     Wholesale, retail of succor goods (balls, shoes, uniform, other)

BRANCHES:     Nil

 

OFFICERS:                   HIROSHI NAKAYAMA, PRES                 Minoru Akiba, rep dir

                                    Takashi Yazu, dir                                   Satoru Kadoyanagi, dir

                       

Yen Amount:     In million Yen, unless otherwise stated

 

 

SUMMARY

 

FINANCES                    FAIR                 A/SALES          Yen 682 M

PAYMENTS      REGULAR         CAPITAL           Yen 12 M

TREND             UP                    WORTH            Yen 48 M         

STARTED                     1990                 EMPLOYES      13

 

 

COMMENT

 

WHOLESALER OF SUCCOR GOODS.

FINANCIAL SITUATION CONSIDERED FAIR AND GOOD FOR

ORDINARY BUSINESS ENGAGEMENTS.

                       

MAX CREDIT LIMIT: ESTIMATED AT YEN 12.3 MILLION, ON 30 DAYS

NORMAL TERMS.

 

 

HIGHLIGHTS

           

            This is a wholesaler of succor goods (balls, uniforms, spices, other) established by Hiroshi Nakayama, originally as Justice Marketing & Logistics Co Ltd, and the name changed to the captioned in Jun 2011.  Clients include individual consumers, sports clubs, other.

 

FINANCIAL INFORMATION

           

            Financials are disclosed only partially.

 

            The sales volume for Mar/2017 fiscal term amounted to Yen 682 million, a 5% up from

Yen 650 million in the previous term.  The net profit was posted at Yen 1 million, similarly in the previous term.

 

            For the current term ending Mar 2018 the net profit is projected at Yen 2 million, on a 4% rise in turnover, to Yen 710 million. 

 

The financial situation is considered FAIR and good for ORDINARY business engagements.  Max credit limit is estimated at Yen 12.3 million, on 30 days normal terms.

 

 

REGISTRATION

     

Date Registered:   Jul 1990

Regd No.:         0100-01-090231 (Tokyo-Chuoku)

Legal Status:       Limited Company (Kabushiki Kaisha)

Authorized:         960 shares

Issued:                240 shares

Sum:                   Yen 12 million

Major shareholders (%): Minoru Akiba (62.5), Hiroshi Nakayama (35.8), Takashi Yazu      (1.7)

 No. of shareholders: 3

 

Nothing detrimental is known as to the commercial morality of executives.

 

 

OPERATION

           

Activities: Wholesales and retails succor goods: uniforms, shoes, balls, other (--100%)

 

 

Clients: [Mfrs, wholesalers] Zebio Inc, Kamo Shoji, Mega Sports, Yokohama Kurokawa Sports, Alpen, Footie Awesome, other 

No. of accounts: 350

Domestic areas of activities: Nationwide

 

Suppliers: [Mfrs, wholesalers] Fair Play, Alfi, Vox Pop, Green Field, Japan Succor Assn, Adidas Japan, other

 

Payment record: Regular

 

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

 

Bank References:

MUFG (Kanda)

SMBC (Kanda)

Relations: Satisfactory

 

 

FINANCES

 

(In Million Yen)

Terms Ending:

　

31/03/2018

31/03/2017

31/03/2016

31/03/2015

Annual Sales

　

710

682

650

692

Recur. Profit

　

..

..

..

..

Net Profit

　

2

1

1

1

Total Assets

　

　

N/A

N/A

N/A

Net Worth

　

　

48

47

46

Capital, Paid-Up

　

　

12

12

12

Div.P.Share(¥)

　

　

0.00

0.00

0.00

<Analytical Data>

　

(%)

(%)

(%)

(%)

    S.Growth Rate

　

4.11

4.92

-6.07

-2.54

    Current Ratio

　

　

..

..

..

    N.Worth Ratio

　

　

..

..

..

    N.Profit/Sales

　

0.28

0.15

0.15

0.14

 

 

 

JAPAN - ECONOMIC OVERVIEW

 

 

 

Source : CIA

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 64.92

UK Pound

1

INR 89.55

Euro

1

INR 79.68

YEN

1

INR 0.60

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIY

 

 

Report Prepared by :

KET

 

 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

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.