Is 1 million yen for a capital of a company good or bad?

Hello! I came across a company from Japan and seen that the company capital is 1 million yen even. This seems like it would be low even for a company that had been made 4 years ago. I don't know how the finances in Japan work but that would be roughly 6,977.15 United States Dollars. This company just seems shady all together especially given it claims to be associated with AH-S, a large and well known comapny.