CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================
Date:
Addressee:
Reference:

mm dd, 20yy
SAMPLE"*"= Phonetically spelt, "NA"= Not Available******************************************************COMPANY NAME:TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(ENGLISH STYLE:TEIKOKU TECHNO TOOL CO., LTD.)ADDRESS:
3F, Teikoku Bldg., 1-12-2, Shintomi, Chuo-ku, Tokyo 104-0041 JapanTELEPHONE:
03-5540-1309
REGISTERED ADDRESS: 2-5-20, Minami Aoyama, Minato-ku, Tokyo, Japan
URL:
http://www.teikoku-technotool.com
URL (financial):NA
URL (publication):
http://www.teikoku-technotool.com/ir/
CORPORATE NUMBER:TDB COMPANY CODE:TIC:STOCKS:
SECURITIES CODE:
REPRESENTATIVE:
FOUNDED:INCORPORATED:CAPITAL:
LINE OF BUSINESS:
SALES:BANKS:EMPLOYEES:

0000000000000
989999956
Primary Line 35441
Secondary Line 35431
Unlisted
None
Kazumasa Shimizu
September 1931
April 1937
400,000 Thousand yen
Manufacture of carbide tools and special steel tools under its brand name of "TECH" for autoparts makers
4,950,128 Thousand yen (as of March 20XX)
Mizuho Bank (Tokyo Chuo), Sumitomo Mitsui Banking (Tsukiji)
173

CREDIT RATINGCREDIT FACTORSHistory
Net WorthBusiness Scale
Profitability
Financial Condition
Management
Business Vitality
Additional Marks if necessary
Demerit Marks if necessary

1~ 5
0 ~ 122 ~ 190 ~ 100 ~ 201 ~ 154 ~ 19+1 ~ +5-1 ~ -10
TOTAL (/100)

MARKS
5
6
8
7
9
10
9
54

CREDIT RANGE[ ]A (86 ~ 100)
[ ]

B

(66 ~

85)

[ *]

C

(51 ~

65)

[ ]

D

(36 ~

50)

[ ]

E

(Below 35)

When it is judged that the total marks for the first seven credit factors are not sufficient to reflect the actual status of the company, some additional marks
may be given.
The TIC (Teikoku Databank Industrial Classification) is used exclusively for Teikoku Databank’s information in order to sort out numerous kinds ofindustries in Japan. The major codes of the TIC are based on Japan Standard Industrial Classification which is authorized by Ministry of Internal Affairs
and Communications, one of the governmental offices in Japan.

REMARKS: This is just a SAMPLE REPORT. The information contained herein is fictitious and completely unrelated to any
business organizations or individuals in existence. The format of the last page for financial information varies
according to the availability of financial statements.
PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, JapanISSUABLE CAPITAL:
PAID-UP CAPITAL:
UNIT CAPITAL:RESTRICTION ON TRANSFER OF SHARES:

PAGE 228,000,000
8,000,000
Yes[ * ]sharessharessharesNo[ ]CAPITAL RECORDS: (Thousand yen)
When established

250
2,600
15,60070,000120,000
200,000
360,000
250,000
300,000
350,000
400,000

Capital decreasing

CESSION OF AN OBLIGATION[Transfer of receivable] Yes[ ]No[ * ]
Date
Alienee

Date
Apr. 1937
Apr. 1944
Jul. 1960
Oct. 1961
Apr. 1963
Oct. 1974
May. 1977
Mar. 1978
Apr. 1978
Apr. 1989
Mar. 2000

NA[ ]Registered Number

Address:
Remarks:[Chattel mortgage]
Date

Yes[ ]
No[ * ]
AlieneeNA[ ]Registered Number

Address:
Remarks:

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 3

MANAGEMENT ("+"=active, "(RD)"=rep. director):
President (RD):Kazumasa Shimizu +Senior Managing Director (RD): Masao Aoyama +Managing Director:
Ryuichi Iwai +Director:
Sanshiro Yokoyama +Director:
Yumio Kawaguchi +Director:
Shigeru Watanabe +Director:
Katsura Komiya
Auditor:Yasuo Kobayashi +Auditor:Kumi Iwai
TYPE: Company with board of directors' committee
Company with auditors
Notes: -PRINCIPAL SHAREHOLDERS AND RESPECTIVE HOLDINGS
Teikoku Holdings K.K.
Ryuichi Iwai
Kumi Iwai
Tomomi Iwai
Kazumasa Shimizu
Masao Aoyama

5,600,000 shares
1,200,000 shares
500,000 shares
250,000 shares
200,000 shares
200,000 shares

/
/
/
/
/
/

70.0%
15.0%
6.3%
3.1%
2.5%
2.5%

Notes: Other than above shares are held by the Iwai family and board members of the subject.
NUMBER OF SHAREHOLDERS:APPROVAL AND LICENSE
Category
Real estate transaction license
ISO9001:2015
ISO14001:2015

10 (as of January 20XX)

Number(3) No. 3400 issued by the Governor of Tokyo
JQA-7778
S-1857

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 4EMPLOYEES
Jan. 20XX
173

Regular employee
Contract worker
Temporary staffer
Part-timer

64

FACILITIES
Jan. 20XX
Branch office
Factory
OutletOthersTotal(except head office)2
1

3

Factory: Niigata
Sales office: Osaka, Fukuoka
Real estate for lease: Tokyo
PLANS FOR FACILITY CONSTRUCTION & EXPANSION
Business Place
Niigata factory

ObjectEquipment

Plan
New

Ownership
Owned

Schedule
Dec. 20XX(Thousand yen)
Place
Investment Amount
Kita-ku, Niigata City,
100,000
Niigata

Means: Borrowing from banks
Notes: It is planning to introduce numerical control cutting-processing system. With this introduction, manufacturing
efficiency is to be improved by 20% compared with the current system.

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 5

SUPPLIERS
Steel:
Tungsten, cobalt, etc.:
Subcontractors:

Nisshin Koki K.K. (40%), Hiyoshi Kozai K.K., K.K. Yagikami Tekkosho
K.K. Fujiki Seisakusho (30%), Diamond Industrial
K.K. Otani Eikosha, Nihon Kiko*

IMPORT: [ ] Yes { [ ] Direct
NUMBER OF SUPPLIERS: 70[ ]Indirect }

[ *]

No

120-day notes
Advances

30 %%Notes endorsed

TERMS OF PAYMENTS
1/60-day cash
70 %Off-setting account%%Notes: The percentages in parentheses are the ratios in total procurement.
Payment to subcontractors is partly made with advance payments.

CUSTOMERS
Cutting tools:

Diamond Industrial (20%), Aoyama Motors (15%), K.K. Daisui Engineering, Onogawa Motor
Techno K.K., Chiba Seimitsu Kogu K.K., Sainan Kogu Hambai K.K., K.K. Suzukawa Shokai,
Matsuoka Koki Y.K., Sorihashi Kogyo K.K., K.K. Nagaki Kiko
USA, China and other Asian countries
10 general corporations

Export:Tenant:EXPORT: [*] Yes { [*] Direct
NUMBER OF CUSTOMERS: 300[ ]Indirect }

[ ]

No

TERMS OF COLLECTION
30/120-day cash
Advances

50 %%120/150-day notes 50 %FactoringYes

Off-setting account%Notes: Factoring accounts for 10% of cash payment.
D/A and D/P for export
Advances negligible

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 6BANKS:(Thousand yen)

Banks (Branches)
Notes Discounted Short-term Loans Long-term Loans Fixed Deposit
Mizuho Bank (Tokyo Chuo)*
180,000
270,000
25,000Sumitomo Mitsui Banking (Tsukiji)*
150,000
15,000Bank of Tokyo-Mitsubishi UFJ (Shintomicho)
Total

720,000

330,000

285,000

25,000

CHANGE OF MAIN BANK: None
OTHER LOANS
Amount Notes
None
Total
BOND PAYABLE
Category
None

Date

Amount Underwriter

Balance at the End
Term
Mortgage/of the Previous Term of Redemption Guarantee

Total
DEBT LOAN RECORDS
Category
Mar. 20XX
Banks
663,222
Other loans
Bond payable
Total

663,222

GUARANTEE[ * ] Real estate[ ] Securities[ ] Other{[

LOAN RECEIVABLE
Borrower
None

Oct. 20XX
665,000

Sep. 20XX
625,000

Jan. 20XX
615,000

665,000

625,000

615,000[ * ] Company possession[ ] Owner-occupied] Guarantee[ * ] Deposit with banks[ ] Other[ * ] Credit}[] Guarantee society

Amount Notes

Total

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, JapanFINANCIAL PROFILE
Trend (Sales)
Profitability
Collection
Solvency
Funds required
Fund-raising capacity

[ ]
[ ]
[ ]
[ ]
[ ]
[ ]

PAGE 7

Upsurge[ ] UpwardHigh[*] FairSatisfactory[*] FairStrong[*] Moderate
No extra funds requiredHigh[*] Adequate

[ *]
[ ]
[ ]
[ ]
[ *]
[ ]

Leveling off
Poor but may improve
Slow at times
Weak
Positive use*
Nearly limited

[ ]
[ ]
[ ]
[ ]
[ ]
[ ]

Downward
Poor
Slow
Poor
Negative use**
Limited* Funds required for investment in fixed assets and some other constructive purposes that would promote business development** Funds required for paying or reducing debts and some other nonconstructive purpose

BAD DEBT RECORDS
Date
BorrowerAmount Status

ReasonNotes: No large bad debt has been incurred in the last year.

HISTORY
This joint-stock company was incorporated in April 1937 as a successor of a sole proprietorship of Masao Iwai carried onunder the name of Shinagawa Kogu Seisakusho since September 1931. Masao Iwai became the first president & rep. director.
In September 1969, moved the head office from 3-22-3, Nishi Rokugo, Ota-ku, Tokyo to the present address.
In December 1993, Kazumasa Shimizu was appointed as president & rep. director.
In February 1994, obtained ISO9001 certification.
In March 1998, changed the corporate name from Teikoku Engineering K.K.* to the present style.
In August 2005, obtained ISO14001 certification.

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 8Related group:
Teikoku Holdings K.K.
Parent company: (Investment ratio to the subject %)Domestic:
Teikoku Holdings K.K. (70.00)
Overseas:
None
Affiliated company: (Investment ratio from the subject %)Domestic:
Teikoku Plant K.K. (0.00), Chukai Kikai Kogyo K.K. (0.00)
Overseas:
None
Other information:

Teikoku Holdings K.K. is a holding company of the Iwai family. The said company formsa group.
Teikoku Plant K.K. and Chukai Kikai Kogyo K.K. are wholly invested by Teikoku
Holdings K.K.

OPERATING RECORDS: (Thousand yen) ('-'=deficit, 'E'=estimate, 'T'=pretax income, 'P'=projected)(Increasing Ratio %)Year Ended
Sales
Operating Profit
Ordinary Income
Net Income
Dividend
-%
-%
-%
-%
Mar. 20XX
4,730,480
82,11059,131
24,295
0
-3.0%
-7.0%
-17.5%-14.3%
Mar. 20XX
4,588,566
76,38348,801
20,8150-3.0%-78.9%-%-%
Mar. 20XX
4,450,909
16,151-11,834-20,0200
3.0%
333.9%-%-%
Mar. 20XX
4,584,423
70,08340,013
18,541
0
6.5%
22.8%
16.9%
19.6%
Mar. 20XX
4,882,410
86,027
46,78322,1690
1.4%-11.9%-4.2%-13.7%
Mar. 20XX
4,950,128
75,81944,837
19,128
0
2.0%
-%
0.0%
-%
Mar. 20XX P
E
5,050,000- E
45,000TAXABLE INCOME: (Thousand yen)
- (Mar. 20XX), - (Mar. 20XX), - (Mar. 20XX), - (Mar. 20XX), - (Mar. 20XX), - (Mar. 20XX)

DEPRECIATION
Fiscal Term
March 20XX
March 20XX
March 20XX
March 20XX
March 20XX
March 20XX

(Thousand yen)
Depreciation Amount
40,20144,094
43,57753,79943,28441,096

Comment
Cost of sales, selling & administrative expenses
Cost of sales, selling & administrative expenses
Cost of sales, selling & administrative expenses
Cost of sales, selling & administrative expenses
Cost of sales, selling & administrative expenses
Cost of sales, selling & administrative expenses

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 9OPERATION AND OUTLOOK[Composition of Business]
Manufacture of carbide tools
Manufacture of special steel tools
Real estate rental

March 20XX
71.2
27.3
1.5

March 20XX
71.5
27.3
1.2

(%)

[Line of Business]
The subject is engaged in the manufacture of carbide tools and special steel tools for automotive parts manufacturers as theown brand product “TECH.”
Carbide tools are mainly on small diameter products made by sintered processing a mixture of tungsten and cobalt. The
subject engaged in manufacturing of end mills for metallic molding and machine parts processing, also square end mills andball end mills with various blades. Special steel tools are mainly on taps and dies which can be customized for the needs ofusers. The custom made products account for 60%. The subject is outsourcing only the process before quenching, but thesubcontract ratio is less than 10%.
Automotive parts manufacturers that manufacture engines and transmissions that require high accuracy account for morethan 90% in the subject's sales channel. The subject is engaged in the sale to overseas and exports to Asian countries mainly for
China and to North America account for 30%. The subject also makes sales to home appliances manufacturers, but it makes
sales via specialized trading companies of machine tools not by a direct sales.
The subject is also engaged in the rental of a 5-story office building (10 rooms). It is maintaining a stable occupancy rate
due to a good location condition, but the ratio of sales is small.
[Characteristics of the Company]
The subject is known for a highly technology-oriented company as well as its brand "TECH" and recommends employees toacquire machine processing skill certification. Over 60 employees are already certified. The subject won grand prize 2 times
and technology prize 5 times in the national contest of All Japan Metal Processing Machinery Association and gained theexternal evaluation. With this technological skills, small diameter end mills account for 30% of domestic market share. As
small diameter end mills are difficult to process, material price fluctuations and price competition do not put pressure on
profitability.
In overseas market, low price products are desired and there is a need to develop the products to compete with theseproducts. The subject is continuing a development of new products based on technological skills, but is also trying to develop
carbide tools without using the expensive tungsten in cooperation with Teikoku University.
[Operating Performance]
In the fiscal year ended March 20XX, demand for automobiles in the Asian region continued to be strong, the popularity of
eco cars was strong in Japan. Also, by the effect of the introduction of new models, the number of cars sold was on upward. For
the manufacturing of carbide tools, demand for machine tools from major customers was strong. Especially orders of small
diameter end mills for hybrid car parts from Diamond Industrial and Aoyama Motors increased. For special steel tools, orders
for taps and dies from existing customers slightly improved from the previous term due to continuing replacement demand. As
a result, annual sales increased by 1.4% to 4,950 million yen from the previous term.
The gross profit ratio was 26.5% lower than the previous term due to the continued high price of steels such as tungsten anddelay in passing higher cost onto selling prices. Selling & administrative expenses remained on the same level, but operating
profit decreased by 11.9% to 75.81 million yen from the previous term by the effect of the decreased gross profit ratio. Interest
paid decreased. Ordinary income decreased by 4.2% to 44.83 million yen and net income decreased by 13.7% to 19.12 million
yen from the previous term, respectively.

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 10OPERATION AND OUTLOOK: (continued from Page 9)[Financial Position and Fund-Raising Capacity]
As for a part of collection by due date cash, the subject uses factoring to convert receivables to cash at an early date.
Collection and payment are balanced. It has more than 1 month of inventory. There is demand for stopgap funds and loans fromfinancial institute are allocated. However, the dependence on loans for stopgap funds is low and the funding is relatively stableas cash on hand of more than monthly sales is secured.
For fund-raising capacity, judging from the recent net income and depreciation cost, etc., the source of repayment is secured.
There is no concern on financial structure so that it seems to have adequate capacity in raising working funds and necessary
funds for business investment.
[Latest Trend and Prospects]
For the fiscal year ended March 20XX, the subject expected the increased sales from the sale of new product (cutting toolwith the improved abrasion resistance) and started with target of annual sales 5,050 million yen and ordinary income 50 million
yen. For carbide tools, a main customer, Diamond Industrial penetrated into the Asian market where growth is expected andorders of small diameter end mills for the said company are solid. As of the end of January 20XX, sales increased slightly fromthe previous term. For special steel tools, replacement demands for taps and dies remained the same level with the previous
term. By hiring 3 more sales staff, a sales channel of own developed small diameter end mills is gradually expanding into
aircraft parts market. Annual sales are expected to be around 5,050 million yen, the target at the beginning of the term.
The gross profit ratio is lower than the previous term due to the continued high price of a main raw material, tungsten.
Selling & administrative expenses have increased because of hiring sales staff. It intends to recover the gross profit ratio byimproving the operating rate through review of production shifts and introducing of new products. Ordinary income isestimated to be around 45 million yen, the same level with the previous term.
Carbide tools without tungsten which are developed jointly with Teikoku University are scheduled to be available in the fallof 20XX.
In view of the established technological skills, a steady operating base on automotive parts industry and a fairly soundfinancial position, the subject is likely to sustain the present business condition for the time being.

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 11

MANAGEMENT BACKGROUND
Name:
Date of Birth:
Sex:
Hometown:
Address:
Telephone:
Education:

Kazumasa Shimizu - President (RD)August 10, 1945
Male
Tokyo
4-51-1103, Benten-dori, Naka-ku, Yokohama City, Kanagawa 231-0007
045-641-2555
Chuo Univ. (1968)

Business career: (in chronological order)
In April 1968:
Joined Asahi Boshoku K.K.
In August 1973:
Joined Teikoku Yakin Kogyo K.K.
In June 1979:
Left the above.
In August 1979:
Became managing director of the subject and director of Teikoku Plant K.K.
In December 1993:
Was appointed as president of rep. director of the subject.
Related companies/Associations: Teikoku Plant K.K., Director
Hobbies & Sports:
Golf

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 12CONDENSED BALANCE SHEET
31 Mar. 20XX

31 Mar. 20XX

(Thousand yen)
31 Mar. 20XXASSETS
Current Assets
Fixed Assets
Tangible Fixed Assets
Intangible Fixed Assets
Investments & Other Assets
Deferred Charges

1,729,923
728,221568,224
1,492
158,495
01,849,181
720,941
566,536
1,492
152,9130

1,878,459
702,721560,316
1,492
140,9130

TOTAL ASSETS

2,458,134

2,570,122

2,581,180

LIABILITIESCurrent Liabilities
Long-Term Liabilities
Reserves
Total Liabilities

1,195,193
391,44501,586,633

1,294,153
382,304
0
1,676,457

1,297,734
370,6530
1,668,387

871,496
400,000
27,416444,080
871,496

893,665
400,000
27,416466,249
893,665

912,793
400,000
27,416
485,377
912,7932,458,134

2,570,122

2,581,180

SHAREHOLDERS' EQUITY
Capital Stock
CapitalCapital Surplus
Retained Earnings
Treasury Stock
Valuation and Translation Adjustments
Share-Purchase Warrants
Total Shareholders' Equity
TOTAL LIABILITIES &SHAREHOLDERS' EQUITY

Notes:

Deficit if used (-)

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.

CCR
5-20, MINAMI AOYAMA 2-CHOME, MINATO-KU, TOKYO 107-8680 JAPAN
PHONE: 03-5775-3000
FAX: 03-5775-3118====================================================================================TEIKOKU TECHNO TOOL KABUSHIKI KAISHA(TEIKOKU TECHNO TOOL CO., LTD.)Tokyo, Japan

PAGE 13CONDENSED INCOME STATEMENT
From 01 Apr. 20XX
To 31 Mar. 20XX

From 01 Apr. 20XX
To 31 Mar. 20XX

(Thousand yen)
From 01 Apr. 20XX
To 31 Mar. 20XX

4,584,423
4,514,340
3,334,662
1,249,761
1,179,678
70,083
1,925
31,99540,013
0
9,468
30,54512,004
18,541-

4,882,410
4,796,383
3,566,755
1,315,655
1,229,628
86,027
1,721
40,96546,7830
6,135
40,64818,47922,169-4,950,128
4,874,309
3,638,344
1,311,784
1,235,965
75,8191,483
32,46544,837
0
5,322
39,515
20,387
19,128-Average 31 Mar. 20XX
49.82
35.36
368.90144.75170.28
76.99
7.86
0.91

Average
47.83
368.54151.56
8.08

Sales
Operating Expenses
Cost of Sales
Gross Profit
Selling and General Expenses
Operating Profit
Non-Operating Profit
Non-Operating Expense
Ordinary Income
Extraordinary Profit
Extraordinary Loss
Pretax Income
Corporation Taxes etc
Net Income
Unapprop. Income (Begin. of Term)
Unapprop. Retained Earnings (End of Term)

FINANCIAL ANALYSIS
31 Mar. 20XX
Net Worth Ratio (%)
35.45
Current Ratio (%)
144.74
Fixed Ratio (%)
83.56
Ratio of Ordinary Income to Sales (%)
0.87

Notes:

Average 31 Mar. 20XX
45.68
34.77
414.46142.89208.55
80.67
6.25
0.96

Deficit if used (-)

PLEASE NOTE WHETHER NAME, BUSINESS AND STREET ADDRESS CORRESPOND WITH YOUR INQUIRY.
This report is furnished by TEIKOKU DATABANK, LTD. in STRICT CONFIDENCE at your request under yoursubscription agreement for your internal use as an aid in determining the advisability of granting credit or insurance,
and for no other purpose. TEIKOKU DATABANK, LTD. does not guarantee the correctness of this report and shallnot be liable for any loss or injury caused by the neglect or other act or failure to act on the part of said company
and/or its agents in procuring, collecting or communicating any information. Copyright by TEIKOKU DATABANK,
LTD. All rights reserved.