Professional Documents
Culture Documents
I. COMPANY INFORMATION:
Feb
200
6
28M
Plating
Mar
2006
28M
Apr
200
6
28M
May
2006
28M
Jun
200
6
28M
Jul
2006
28M
Aug
200
6
28M
Sep
200
6
28M
Oct
2006
28M
Nov
200
6
28M
Dec
2006
28M
Jan
200
7
28M
Feb
2006
21M
Mar
2006
21M
Apr
2006
21M
May
2006
21M
Jun
2006
21M
Jul
2006
21M
Aug
2006
21M
Sep
2006
21M
Oct
2006
21M
Nov
2006
21M
Dec
2006
21M
Description
2
3.
Accounts
Receivable
(Trade)
Inventory Asset
4.
5.
Fixed Assets
Other Assets
Banks
Account Type
BTM US $
BTM P
BPI US $
BPI P
BPI - JPY
Dollar
JPY
Balance
US $ 200,000.00
P 1.5 Million
US $ 2,000.00
P 3 Million
JPY 500,000.00
US $ 1.5 Million
JPY 13 Million
Direct Materials
Indirect Materials
Deposits
P 8 Million
P 1 Million
P 150 Million
P 700,000
Account Balance
1M
P 50,000.00
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 4 of 17
Jan
2007
21M
3. BPI US $
4. BTM US $
5. BPI JPY
US $ 500.00
US $ 5,000.00
JPY 100,000.00
Description
Jig Hole
5 years
5 years
ED Filament
Toyota Innova
3 years
Computer
printer
Mitsubishi
Geard Motor
Wilden Air
Operated pump
Ebarra Pump
Motor
3 years
3 years
3 years
Total Cost
Php
1,207,598.00
Php 213,854.00
Php
1,088,217.00
Php 2,550.00
Php 127,774.47
Php 85,855.00
Php 33,618.00
Loan
Type
Amount
Financed
A.P.R.
Monthly
paymen
t
Term
(months)
1
2
Description
Accounts
Payable
Other current
Liabilities
Long Term
Liabilities
Account Type
Trade Payables
Others
Government
Payables &
other Employee
Benefits
Parent Company
Balance
Php 8 Million
Php 3 Million
Php 7 Million
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 5 of 17
Php 78 Million
I. EXECUTIVE SUMMARY
Introduction
Mitsugu Kurosaka had a vision in the early 1960s to start a metal
plating business that would provide plated products to manufacturing
companies throughout Japan. KUROSAKA Plating Co., Ltd. (KPC) was
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 6 of 17
formed in 1962 out of Kurosakas vision and now has been successfully
operating in Tojo Oyama and Hanamaki City in Japan for the past 45
years.
Yoshihisa Kurosaka the son of Mitsugu Kurosaka expanded the business
and put up KAPCO (Kurosaka Advance Plating Co., Ltd.) Manufacturing
Inc. in the Philippines on 1996. This was made to cater the needs of its
prestige customers situated in the Philippines. KAPCO has built a
profitable business by maintaining a small skilled work force and low
operating costs. Although the business have been profitable sales
opportunities needs to be continuously sourced out to facilitate growth
of the business.
KAPCO has started to apply new plating processes targeted to
accommodate high demand of coating and plating products for
electronic industry. This market has been growing in the last several
years and the company aims to lead over its competitors through
technological innovation, cost effectiveness, product reliability and
small step expansion.
Business Opportunity
KAPCO faces a substantial business opportunity. Currently, KAPCO is
operating within its maximum capacity and the market for coating and
plating business is large and growing. With the right strategic decision
in expanding the production capacity, KAPCO projects that larger
market share can be acquired, resulting in favorable profits. The
companys competitiveness in cost and quality had proven superior
over its local competitors. This makes the likelihood of KAPCO
achieving success very high. Positive feedbacks with customers have
KAPCO convinced of its timing and the opportunity it faces.
Product/Service Description
KAPCO is engaged in metal surface plating and coating treatment for
manufacturers of Hard Disk Parts and Components. Customers supplied
the products to be treated and once the parts had been plated or
coated they are then shipped to the manufacturers to be incorporated
to the finished product.
Current Business Position
KAPCO Manufacturing Inc. is a corporation registered in the Philippines
and a wholly owned subsidiary of KUROSAKA Plating Co. Ltd, with Head
office at 4-15-15 Sannou, Ohta-ku, Tokyo Japan, factory is based in
Oyaman and Hanamaki Japan.
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 7 of 17
VI. SERVICES
Introduction
One of KAPCOs top priorities is to keep every customer satisfied.
KAPCO will not only grow its operation by adding new customers, the
company will need to maintain the satisfaction of existing customers.
KAPCO has put into place the following standards in order to ensure
customer satisfaction:
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 10 of 17
Industry Definition
Although metal plating or coating industry is diverse and heavily
populated with competitors, KAPCO will not be competing directly with
traditional manufacturers. KAPCO aims to capture and lead the market
for products ranging from HDD parts, electrical and electronic parts
used for computers and other electronic devices that require anticorrosive application. KAPCOs production processes are monitored and
controlled by technically trained employees whose expertise are
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 11 of 17
Distribution Channels
KAPCO will market its products through its marketing representatives
based in KPC Japan. The President and KPC Representatives perform
sales activities, responsible for attending KAPCOs customers. The
company will assign local Sales Engineer in order to attend customer
requirements and increase business from existing customers. The
Japanese Sales Executive will concentrate on penetrating and
establishing strong network with other potential market.
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 12 of 17
Promotional Plan
KAPCO Sales and Marketing representatives will try to arrange
meetings with important buyers from large manufacturing companies
in Asia. Other marketing activities will also be geared towards getting
potential customers to meet with KAPCOs Sales and Marketing team.
KAPCO has a monthly marketing budget of Php 40,000.00. Marketing
efforts will focus on buyer visits and meetings.
Feedback
KAPCO holds regular customer meeting at least once a month in order
to determine the level of satisfaction and discuss how to solve product
quality issues.
General Operations
KAPCO will maintain a standard three shifts operations 6AM -2PM, 2PM10PM, 10PM-6AM, Mondays through Saturdays. Should demand require
additional production KAPCO will run three shifts during Sundays.
X. MANAGEMENT, ORGANIZATION & OWNERSHIP
a. Management or principals
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 13 of 17
President :
Vice President:
Asst. from KPC:
Plant Manager:
Operations Manager:
Production Manager Bldg.:
Quality Manager:
Accounting Manager:
Admin Mgr./QMR:
b. Org. structure
See Appendix B
c. Ownership & Boards
See Appendix C
EN Production
a. Set up new mould New Model(SFF-N) Base in
August 2005
b. Additional Mould in October
c. Investigation and negotiation for Base, 0.85 inch
before January 2006
d. Investigation and negotiation for Base, 1inch with
NIDEC
e. Investigation and negotiation for 3 metal parts
with LAMCOR
f. Investigation and negotiation for more metal parts
with TRP
ED Production
a. Start a two shift schedule of production after
arrival of engineers trained in Japan.
b. Invest a drilling machine for round items.
c. Improve system to meet the increased amount of
order for RR Pin.
d. Strengthen business relationship with Nippon
Sekkei
F&M
OBJECTIVES
Compliance with the new Manpower
Requisition Lead Time
Establish Performance Appraisal
System
Develop Salary & Wage Structure
Lower the calibration cost
Establish tools and spare parts
management
Establish monthly reporting of
TARGET
100%
100%
100%
80%
100%
100%
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 15 of 17
ACCTG
SAFETY
SALES
PPIC
WHSE
IMPEX
Purchasing
machine downtime
Updated on monthly recording of
company's business activity
Updated on payments of employees'
compensation and government
contribution
No delays on Acctg. Documents to be
presented to each department
concerned
Full implementation of Safety &
Health Program
Maintain Zero Accident
Increase in Sales
Additional New Customer
Maintain Schedule Compliance
Maintain on time delivery
Conduct Time Study
To be the 5S Champion for year 2005
To maintain the supply of Materials
On time delivery on constructive
export
On time delivery on both Importation
& Exportation based on the shipment
schedule given by the Forwarder
Monitoring of Suppliers' Performance
Conduct quarterly meeting with
Supplier
Ensure 100% inspection done for all
purchase materials
Ensure 100% document compliance
per delivery
EN PROD.
QAQC
ED PROD
QM
100%
100%
100%
100%
Zero Accident
10%
At least 1
100%
95%
100%
5S Champion
95%
100%
100%
100%
100%
100%
100%
100%
100%
20%
10%
5%
0%
10%
0.50%
10%
2 Mgt Review
2 IQA
KAPCO Manufacturing, Inc.
Business Plan 2006
Page 16 of 17
TRAINING
Conduct of TNA
Implementation of Training
Plan/Program
100%
100%
DCC
100%
100%
100%