(JP3324800006)
Business Report
For the year ended March 31, 2011 2011
Q u a l i t y o f L i f e
Message from the President
Noriyuki Kobayashi
President and CEO
We extend our heartfelt sympathies towards all who second highest level recorded since the Company was
suffered from the Great East Japan Earthquake, a founded, and nearly achieved the highest level in the
tremendous disaster consisting of an unprecedented Company’ s history.
large earthquake and huge tsunami in the eastern part
of Japan, and pray for the earliest restoration of the Though the difficult economic environment continues, we
devastated areas. have unshakable conviction that our consistent efforts,
developing high-quality products with the themes of
I, Noriyuki Kobayashi, assumed the position of President “Health and Environment” and delivering them to
and CEO of SANYEI CORPORATION, succeeding previ- consumers in accordance with the Company’ s manage-
ous President Hiroyuki Mizutani, in January of this ment vision, are tied to this proven track record.
year. This past March 11, 2011, the Great East Japan
Earthquake occurred, causing extensive damage to our As the new President, I will strive to turn SANYEI into
country. Japan’ s economy has arrived at an unprec- a company which will generate more constant profits
edentedly severe economic environment. I’ m fully and satisfy stakeholders by continuing to advance our
bracing myself for the great responsibilities of steering own business models, “manufacturing technology” and
SANYEI through the circumstances going forward, for I “brand management technology,” while maintaining our
have only recently assumed my position as President. focus on regulatory compliance, and through concentrat-
ing the abilities of individual employees and maximizing
For the fiscal year ended March 31, 2011, the SANYEI the comprehensive abilities of the Group.
Group’ s consolidated net sales amounted to ¥34,535
million, up 10.4% compared to the previous fiscal year. Your continued support would be greatly appreciated.
Consolidated ordinary income and net income amounted June 2011
to ¥1,654 million (up 29.4%) and ¥711 million (down
9.6%), respectively. Especially, consolidated ordinary
income exceeded the previous fiscal year, which was the
CONTENTS
01 Message from the President 07 Business Introduction
02 Consolidated Performance Highlights 09 Topics
03 Business Overview 11 Consolidated Financial Statements
04 Overview by Business Segment 13 Company Profile / Major Subsidiaries and Affili-
05 History ates
06 SANYEI’ s Business Models and Functions 14 Stock Information
1 B usiness Rep o rt 20 1 1
Consolidated Performance Highlights
Net sales ¥34,535 million Ordinary income ¥1,654 million
(Millions 59th Term 60th Term 61st Term 62nd Term (Millions 59th Term 60th Term 61st Term 62nd Term
of yen) (FY2008) (FY2009) (FY2010) (FY2011) of yen) (FY2008) (FY2009) (FY2010) (FY2011)
Net income ¥711 million Net income per share ¥61.50
(Millions 59th Term 60th Term 61st Term 62nd Term (yen) 59th Term 60th Term 61st Term 62nd Term
of yen) (FY2008) (FY2009) (FY2010) (FY2011) (FY2008) (FY2009) (FY2010) (FY2011)
Net assets ¥6,320 million Net assets per share ¥528.06
(Millions 59th Term 60th Term 61st Term 62nd Term (yen) 59th Term 60th Term 61st Term 62nd Term
of yen) (FY2008) (FY2009) (FY2010) (FY2011) (FY2008) (FY2009) (FY2010) (FY2011)
Bu si n e ss Re por t 20 11 2
Business Overview
In the Japanese economy during the fiscal year under Ordinary income and operating income greatly increased.
review, there was progress in adjustments of plant equip- Although the overall gross profit margin remained
ment and an upturn in production due to the efforts of unchanged compared to the previous fiscal year, gross
economic measures by the government and demand profit rose 10.3% over the previous fiscal year due to a
expansion in various Asian countries, and corporate sales increase. In contrast, selling, general and adminis-
earnings began to see signs of improvement toward trative expenses stopped at a 6.7% increase over the
summer. However, the economy subsequently entered a previous fiscal year, and as a result, operating income
stagnant state as represented by downturns in consumer rose 31.8% over the previous fiscal year to ¥1,552 million.
spending due to the weakening of the effects of economic
measures by the government and the employment situa-
Net income slightly fell due to factors such as loss on
tion showing no sings of improvement. The extremely
valuation of securities and loss on asset retirement.
severe economic environment continues and the future of
the Japanese economy became further uncertain amidst Ordinary income rose 29.4% over the previous fiscal year
fears of rising oil prices due to the instability in the to ¥1,654 million, partly due to the decrease in interest
Middle East and the extensive damage caused by the expenses. Net income fell 9.6% over the previous fiscal
Great East Japan Earthquake that occurred towards the year to ¥711 million as a result of recording loss on valu-
end of the fiscal year. ation of investment securities and provision for loss on
retirement of buildings and others as extraordinary loss.
The furniture and household business segment led the
increase in sales. Neither SANYEI CORPORATION nor the subsidiaries
and affiliates of the SANYEI Group suffered human
Under these circumstances, consolidated net sales during
losses due to the Great East Japan Earthquake. Also,
the fiscal year under review rose 10.4% over the previous
damage to facilities and others was minimal and limited
fiscal year to ¥34,535 million, due particularly to sales
to some equipment at a portion of stores of Group compa-
increases in the furniture and household business
nies.
segment, although all the other segments also recorded
year-on-year increases in net sales.
Net sales ¥31.28 billion ¥34.53 billion (up 10.4% year on year)
Gross pro t ¥8.18 billion ¥9.02 billion (up 10.3% year on year)
Operating
income ¥1.17 billion ¥1.55 billion (up 31.8% year on year)
Ordinary
income ¥1.27 billion ¥1.65 billion (up 29.4% year on year)
Net income ¥0.78 billion ¥0.71 billion (down 9.6% year on year)
Comprehensive
income* ¥0.92 billion ¥0.70 billion (down 23.1% year on year)
* refer to page 11
3 B usiness Rep o rt 20 1 1
Overview by Business Segment
Furniture and Household Business In the furniture and household business segment, domestic sales of living
room furniture significantly increased, but sales of furniture to North
America fell. In kitchenware, while the Company succeeded in developing a
new business partner in the United States, sales of existing business partners
were sluggish and remained at levels similar to the previous fiscal year. How-
ever, sales to Europe increased, and sales of kitchen goods as a whole exceeded
the previous fiscal year. In other product categories, strong domestic sales of
smartphone accessories let net sales in the business segment to increase by
17.9% over the previous fiscal year to ¥16,380 million, and operating income in
this segment was ¥1,212 million, a 71.9% increase over the previous fiscal year.
Fashion Accessories Business In the fashion accessories business segment, sales of BIRKENSTOCK,
German-made comfort footwear, increased due to the introduction of an
entry-level model and the effects of expanding the directly managed retail
store network. However, sales of sewn items for the domestic market were
slightly weak. As a result, net sales in this business segment rose 8.9% over
the previous fiscal year to ¥8,302 million, and operating income in this
segment was ¥829 million, a 1.9% increase over the previous fiscal year.
Home Appliance Business In the home appliance business segment, domestic sales of small electric appli-
ances and hairdressing and beauty electrical appliances were stable. As a
result, net sales rose 1.6% over the previous fiscal year to ¥6,200 million. In
contrast to the positive figures of the previous fiscal year, an operating loss of
¥88 million was recorded in this segment due to unplanned expenses related
to new products at SANFAT ELECTRIC MANUFACTURING CO., LTD. and
the provision for inventories.
Sales by Business Segment
FY2010 (61st Term) FY2011 (62nd Term)
April 1, 2009 - March 31, 2010 April 1, 2010 - March 31, 2011
Other Other
3.66 3.65
(11.7%) (10.6%)
Home
Home Appliance
Appliance Furniture and Furniture and
Total 6.20 Total
6.10 Household Household
(18.0%)
(19.5%) 31.28 13.89
(44.4%)
34.53 16.38
(47.4%)
Fashion
Fashion
Accessories
Accessories
8.30
7.62
(24.0%)
(24.4%)
(Unit: Billions of yen) (Unit: Billions of yen)
Business Report 2011 4
History
1946 to 1950s Kyoei Shokai was established in Osaka in 1946 as an exporter of accesso-
ries to Europe and North America. It was actually in 1961 when three
Founding: Establishment as companies, each dealing in products intimately tied to its respective
an export trading company regional base, i.e. ceramics in Nagoya, and smoking supplies and gifts etc.
in general goods during the in Tokyo, merged to form SANYEI Boeki (The Company changed its name
postwar recovery period to SANYEI CORPORATION in 1971).
In the 1950s, light industry had begun to flourish in Asia, particularly in
1950s to 1970s Hong Kong. SANYEI took notice of these developments and quickly began
Building an overseas to build a network of overseas offices, starting in Hong Kong in 1958 and
network in Taiwan in 1966. This global presence was concerned primarily with
exports to retailers in Europe and North America, where key customers
included Woolworth, JCPenney, Sears, and Kmart—some of the world’ s
largest retailers at the time.
Faced with limits in the ability of our manufacturing partners to imple-
Late 1970s to 1980s
ment a sufficient level of quality control, the Company elected to enter the
Entry into the manufacturing manufacturing business, incorporating joint ventures with Japanese
business manufacturers and establishing its own factories to manufacture toys,
electrical appliances, western tableware, shoes, sandals, and stationeries in
locations such as Hong Kong and China. Among these, the electric appli-
ances factory is still in operation.
Although the Company had been involved primarily with exports to
Late 1980s
Europe and North America since its founding, the rapid rise in the value
Expanding the import of the yen triggered by the 1985 Plaza Accord led it to expand its imports
business and moving toward to Japan. It was also during this period that the Company began import-
brand management ing and selling BIRKENSTOCK footwear, now one of its main brands,
technology and established a company to sell Cuisinart food processors.
SANYEI’ s history, including its rapid move to overseas, expansion of its
Late 1990s
network, and subsequent entry into the manufacturing business, is highly
Undertaking supply chain regarded by business partners in Japan and around the world as the mark
management in earnest of a uniquely specialized trading company that enjoys a strong history in
manufacturing technology.
SANYEI CORPORATION is redoubling efforts in brand management
2000s
technology by taking advantage of its manufacturing technology capabili-
Striving to combine ties. This initiative has given rise to brands including Formio children’ s
manufacturing technology furniture, Vitantonio and Moffle cooking appliances, and Mod’ s Hair
and brand management hairdressing and beauty electrical appliances.
technology
SANYEI Group’s
Global facilities
Aalborg,
Denmark
Dongguan (Humen)
Guangzhou Dongguan
(Tangxia)
Dusseldorf Dalian
Shenzhen Qingdao
Hong Kong
Tokyo
Shanghai
Milano Nagoya
Osaka
Taipei
Manila
Ho Chi Minh
Kuala Lumpur
Jakarta
5 B usiness Rep o rt 20 1 1
SANYEI’ s Business Models and Functions
With the theme of “Health and Environment,”
SANYEI is expanding its business models of
manufacturing technology (OEM business) and brand
management technology (brand business).
Business Strategy 1
Manufacturing Technology
Through a network of manufacturing facilities centered around Asia,
SANYEI coordinates the entire OEM business process from manufactur-
ing to importing.
Ordinary Commercial Distribution of Overseas Procurement in OEM
Raw Export and
Material Processing Import Trading Distributors
Manufacturers Companies Manufacturers and Wholesalers
Retailers Consumers
Companies
Total Management by the SANYEI Group
Processing
Materials Export, Import,
Production and Quality
and and
Arrangement Manufacturing Assurance Testing Retailers Consumers
Parts Management Distribution
Process Management
- The SANYEI Group’ s technicians are stationed at optimal production sites
- Quality assurance and production management suited to customers’ needs
are implemented
- Information from customers is promptly fed back to the production site
Business Strategy 2
Brand Management Technology
SANYEI expands brands selected from overseas and its own brands
based on experience cultivated through “manufacturing technology.”
Manufacturing Planning / Marketing Distribution Retail / Sales Service
Furniture
and
Household
Fashion
Accessories
S.C. TECHNO CO., LTD.
Subsidiary that
Home specializes in repair of
Appliance SANYEI’ s brand
electrical appliances
Veterinary clinics,
Other hotels, and beauty
salons for pets
Bu si n e ss Repor t 2011 6
Business Introduction
Drawing on the strength of the Company’ s network of
offices in Japan and overseas, each business
conducts unique business activities in the fields of
manufacturing technology (OEM business) and brand
management technology (brand business).
Furniture and Household Business
Furniture OEM Business / Product Examples
0.27
Total OEM Business
Household OEM Business / Product Examples
16.38 Brand Business
16.10 (Unit: Billions of yen)
Brand Business / Representative brands
Born in Japan, raised in Denmark, and made of natural This is a historically important lamp collection that has been
beech wood, it is designed as “furniture that grows with the reproduced for today’ s world from a collection by Mr. Verner
child.” A tactile experience with the furniture’ s raw lumber Panton, a big name in the history of Scandinavian modern
nurtures abundant receptivity and creativity. design.
This premium enamel iron pots brand was launched by This heat-resistant porcelain brand originated in 1789, the
INVICTA (France), founded in 1924. INVICTA’ s tradition year of the French Revolution. It is loved for its tradition, high
and expertise made it possible to manufacture its products quality, revolutionary spirit and design sense in more than 40
by hand. The brand is renowned for its characterful, beauti- countries around the world.
fully colored and meticulously finished products.
7 Business Rep o rt 2011
Fashion Accessories Business
OEM Business / Product Examples
OEM Business
Total
Brand Business
4.65
8.30 3.65
(Unit: Billions of yen)
Brand Business / Representative brands
This German-made footwear has pursued foot health for For Stazione R, SANYEI introduces handbag brands from
over 230 years. Each product is given the name of a city around the world, which are selected from SANYEI’ s unique
around the world. standpoint and characterized by femininity and daily useful-
ness.
Home Appliance Business
OEM Business
1.76
Total OEM Business
6.20 Brand Business
(Unit: Billions of yen)
4.43
Brand Business / Representative brands
It harmoniously suits any space. Its electrical appliances Ever since the birth of the food processor, it has been loved by
are imbued with simple design that transcends generation chefs and cooks all over the world. SANYEI brings Cuisinart
or gender. products to Japan through a joint venture.
Other business
0.90
Total OEM Business
3.65 Brand Business
(Unit: Billions of yen)
2.74
Under the mottos of “Safety and Trust,” “Whole-hearted Devo-
tion,” and “Specialized Knowledge,” SANYEI is expanding the
Petland brand of pet shops and veterinary clinics, which
feature cleanliness and enjoyment in an orderly environment
and facilities.
Bu si n e ss Re por t 2011 8
To p i cs
Launch of a cute personal care brand for adults
A new original brand, karlotta, has been launched by mh
ENTERPRISE CO., LTD. “Karlotta” is a European girls’
name that carries the meanings of “cute” and “free.” In
March 2011, hair styling items were released that possess
functionality and excellent design using know-how cultivated
through the making of Mod’ s Hair styling items. Going
forward, a variety of items thought to be desired by women
such as facial care, body care, and relaxation items will be
designed and sold under the karlotta brand.
Moffle awarded the 2010 FOOD ACTION NIPPON AWARD
Moffle was awarded the 2010 FOOD ACTION NIPPON
AWARD in the Product Division for its contribution to
increasing consumption of mochi (rice cakes) and rice flour
through the brand’ s moffle (pressed mochi or mochi-waffle)
maker. In the previous fiscal year, the brand also released a
mini-moffle plate, which makes moffles at about 1/4 the size
previously available. Going forward, activities to expand
Moffle will be aggressively pursued, by means such as
suggesting recipes using rice flour.
Our directly managed retail store network is expanding nationwide
Nationwide total: 38 stores
New Stores
Hokkaido / Tohoku region
2 stores
LUMINE Ikebukuro
6th floor, LUMINE Ikebukuro
K shin'etsu region 1-11-1 Ikebukuro, Toshima-ku,
1 store Tokyo
Phone: 81-3-5956-5308
Ch goku / Shikoku region
2 stores
Kanto region Sapporo Paseo
17 stores B1, Sapporo Paseo
2 Kitarokujyo-nishi, Kita-ku,
Tokai region Sapporo City, Hokkaido
3 stores Phone: 81-11-213-5426
Kansai region
8 stores
LakeTown OUTLET
Kyusyu / Okinawa region 1st floor, LakeTown OUTLET
5 stores 4-50 Azuma-cho, Koshigaya
City, Saitama
Phone: 81-48-940-1628
9 B usiness Rep o rt 20 1 1
SANYEI’ s head office is currently being rebuilt
In July 2010, construction of a new building was
completed on the site adjacent to the former head office
building, and it is now being used as the head office
building. Presently, construction is continuing on the
new building, and the former head office building, which
had deteriorated in the 44 years since its construction, is
being rebuilt as an extension of the new building.
After the completion of the new head office building in
April 2012, some of SANYEI’ s affiliates currently leasing
office space elsewhere shall be relocated to the new
New building completed in Full view image of both building so that we can better leverage the combined
July 2010 company buildings
might of the SANYEI Group.
Taking the opportunity of our new building construction,
Overview of buildings combined
we vigorously pursue the reduction of the environmental
load in the building by adopting LED lighting, ice
thermal air-conditioning, solar generators, Low-E
double-glazed glass and rooftop greening, etc.
SANYEI newly established a shareholder preferential system
Examples of preferential SANYEI newly established a shareholder preferential system, starting from
products from FY2010 FY2010, to not only thank shareholders for their ongoing support, but also give
shareholders a greater understanding of the Company’ s products and business.
In FY2011 as well, “Shareholder Preferential Points,” which are presented to
shareholders owning at least one unit of shares that are recorded or registered
in the shareholders’ registry of the Company as of September 30 of FY2011, are
utilized to select favored products from the preferential product catalog by this
system. The details of the eligible products shall be published on SANYEI’ s
website after the details are finalized. Eligible shareholders can expect to
receive information on the shareholder preferential system in early December.
SANYEI carries out the following activities as part of its contribution to society
SANYEI continues to provide assistance to the Japan Multiple Sclerosis Society (JMSS)
Multiple Sclerosis (MS) is an intractable disease of the of JMSS, and since JMSS was established in 1977,
central nervous system in which the myelin sheath of SANYEI has maintained a secretariat office for JMSS
neurons is damaged. The spinal cord is damaged, which within the company and has continued to assist the
causes numbness in arms and legs and motor paralysis. organization’ s activities.
As the Japan branch of the Multiple Sclerosis Interna-
tional Federation, which is based in London, U.K., JMSS
SANYEI held a promotional
helps fund the cost of research into the disease, holds
activity in Ginza on May 25,
public lectures and consultations and conducts PR activi-
2011, the World MS Day (the
ties to the media.
last Wednesday in May).
SANYEI’ s founder, Kunio Izumi was one of the founders
The Japan Multiple Sclerosis Society (JMSS) yearns heartily for your support.
Japan Multiple Sclerosis Society Nagatoshi Aida, Secretary General
1-2 Kotobuki 4-chome, Taito-ku, Tokyo 111-0042, Japan
Phone: 81-3-3847-3561 E-mail: jmss@sanyeicorp.co.jp http://www.jmss-s.jp
Bu si n e ss Repor t 2 011 10
Consolidated Financial Statements
Consolidated Balance Sheet (Summary) Unit : Millions of yen Consolidated Statement of Income (Summary) Unit : Millions of yen
FY2010 FY2011 FY2010 FY2011
Account (as of March 31, 2010) (as of March 31, 2011)
Account (April 1, 2009 (April 1, 2010
- March 31, 2010) - March 31, 2011)
(Assets) Net sales 31,280 34,535
Current assets (8,727) (10,025)
Cost of sales 23,097 25,510
Non-current assets (3,846) (3,975)
Gross profit 8,182 9,024
Property, plant and equipment (1,564) (1,914)
Selling, general and
administrative expenses 7,004 7,472
Intangible assets (384) (363)
Investments and other assets (1,897) (1,697) Operating income 1,177 1,552
Total assets 12,574 14,001
Non-operating income 150 141
(Liabilities)
Non-operating expenses 49 38
Current liabilities (6,280) (7,285)
Ordinary income 1,278 1,654
Non-current liabilities (500) (395)
Total liabilities 6,781 7,680 Extraordinary income 127 174
(Net assets)
Extraordinary loss 274 526
Shareholders’ equity (6,203) (6,739) Income before income
taxes and minority interests 1,131 1,303
Capital stock 1,000 1,000
Income taxes-current 493 584
Capital surplus 645 645
Retained earnings 4,868 5,405 Income taxes-deferred -138 -13
Treasury stock -311 -312 Income before minority
interests 732
Total accumulated other comprehensive income (-628) (-635) Minority interests in
income (loss) -10 21
Subscription rights to shares (50) (71)
Net income 786 711
Minority interests (168) (144)
Note: Amounts are indicated omitting fractions under one million yen.
Total net assets 5,793 6,320
Total liabilities and net assets 12,574 14,001
Consolidated Statement of Comprehensive Income Unit : Millions of yen
Note: Amounts are indicated omitting fractions under one million yen.
FY2010 FY2011
Account (April 1, 2009 (April 1, 2010
- March 31, 2010) - March 31, 2011)
Income before minority
interests 732
* Comprehensive income is calculated by adding changes Total other
due to fluctuations in market valuation and exchange -23
rates during the fiscal year under review in “Valuation
comprehensive income
difference on available-for-sale securities,” “Deferred
gains or losses on hedges” and “Foreign currency Comprehensive income 708
translation adjustment” etc., to “Income before minority
interests.” Note: Amounts are indicated omitting fractions under one million yen.
11 Business Rep o rt 2 0 1 1
Consolidated Statement of Cash Flows (Summary) Unit : Millions of yen
FY2010 FY2011
Account (April 1, 2009 (April 1, 2010
- March 31, 2010) - March 31, 2011)
Net cash provided by (used in) operating activities 1,977 -229
Net cash provided by (used in) investing activities -70 -597
Net cash provided by (used in) financing activities -1,422 920
Effect of exchange rate change on cash and cash
equivalents -2 -16
Net increase (decrease) in cash and cash equivalents 482 76
Cash and cash equivalents at beginning of period 1,227 1,710
Cash and cash equivalents at end of period 1,710 1,786
Note: Amounts are indicated omitting fractions under one million yen.
Consolidated Statement of Changes in Net Assets (Summary) (April 1, 2010 - March 31, 2011)
Unit : Millions of yen
Shareholders’ equity Total
accumulated Subscription Minority
Total other rights Total
Capital Capital Retained Treasury shareholders’ comprehensive to interests net assets
stock surplus earnings stock equity income shares
Balance as of March 31, 2010 1,000 645 4,868 -311 6,203 -628 50 168 5,793
Changes of items during the period
Dividends from surplus (cash
-173 -173 -173
dividends)
Net income 711 711 711
Purchase of treasury stock -1 -1 -1
Disposal of treasury stock
Net changes of items other than
-6 21 -24 -9
shareholders’ equity
Total changes of items during
the period 537 -1 536 -6 21 -24 527
Balance as of March 31, 2011 1,000 645 5,405 -312 6,739 -635 71 144 6,320
Note: Amounts are indicated omitting fractions under one million yen.
Bu si n e ss Re por t 2 011 12
Company Profile / Major Subsidiaries and Af liates
Company Profile Directors and Executive Officers
(as of June 30, 2011)
Name: SANYEI CORPORATION Chairman : Hiroyuki Mizutani
Founded: October 1946 President and CEO: Noriyuki Kobayashi
Incorporated: February 20, 1950 Senior Managing Director: Eisuke Saji
Capital: ¥1,000 million Managing Director: Hitoshi Matsuura
Employees: 115 (non-consolidated) / 699 Managing Director: Ryohei Takashima
(consolidated)
(as of March 31, 2011) Director: Seiji Shimizu
Head office: 1-2 Kotobuki 4-chome, Taito-ku, Director: Wataru Shibata
Tokyo 111-8682, Japan Standing Corporate Auditor: Takao Nishigaki
Corporate Auditor: Takeji Yamamoto
Phone: 81-3-3847-3500 (representative)
Corporate Auditor: Tatsunosuke Kagaya
Branches: Tokyo, Nagoya, Osaka
Executive Officer: Isao Higuchi
Listed stock exchange: Osaka Securities Exchange Co., Ltd.
(JP3324800006) Executive Officer: Masahiko Sano
Executive Officer: Tsukasa Murase
Executive Officer: Itsuo Ikeda
Major Subsidiaries and Affiliates (as of June 2011)
Overseas SANYEI CORPORATION HONG KONG LIMITED Hong Kong, Shenzhen, Ho Chi Minh, Jakarta
subsidiaries:
SANFAT ELECTRIC MANUFACTURING CO., LTD. Hong Kong, Dongguan factory
SANFAT ELECTRIC MANUFACTURING (DONGGUAN) CO., LTD. Dongguan
TRIACE LIMITED Hong Kong, Guangzhou, Dongguan, Shanghai, Qingdao Dalian, Taipei
SANYEI CORPORATION (SHANGHAI) LTD. Shanghai
SANYEI CORPORATION (SHENZHEN) LTD. Shenzhen
SANYEI CORPORATION (MALAYSIA) SDN. BHD. Kuala Lumpur
SAN-YEI (PHILIPPINE) TRADING CORPORATION Manila
SANYEI (DEUTSCHLAND) G.m.b.H. Dusseldorf
Domestic BIRKENSTOCK JAPAN CO., LTD. Minato-ku, Tokyo, 38 directly managed retail stores
subsidiaries:
Petland Limited Matsudo City, Chiba, 7 stores and 2 veterinary clinics
SAMCO CORPORATION Taito-ku, Tokyo; Osaka City, Osaka; and Nagoya City, Aichi
SANYEI KOSAN CO., LTD. Taito-ku, Tokyo
mh ENTERPRISE CO., LTD. Sumida-ku, Tokyo
S.C. TECHNO CO., LTD. Nagoya City, Aichi
Domestic affiliate: Cuisinart-Sanyei Co., Ltd. Chuo-ku, Tokyo
13 Business Rep o rt 2 0 1 1
Stock Information
Stock Situation (as of March 31, 2011) Stock Guidance (as of March 31, 2011)
Total authorized shares of common stock: 44,000,000 Business year:
April 1 to March 31
Total outstanding shares of common stock: 12,764,732
(Including 1,204,062 shares of treasury stock) Annual shareholders’ meeting:
June
Share unit number: 1,000 Dates of record:
Shareholders: 1,757 Annual shareholders’ meeting: March 31
Year-end dividend: March 31
Major shareholders Shareholder registry administrator:
The Chuo Mitsui Trust and Banking Company,
Shares Ratio of
Shareholder name held capital contribution Limited
(Thousands of shares) (%)
33-1 Shiba 3-chome, Minato-ku, Tokyo, Japan
Stock Holding Union of SANYEI CORPORATION’ s Business Partners 765 6.61 Mail and telephone contact:
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 571 4.94 Stock Transfer Agency Department
The Chuo Mitsui Trust and Banking Company,
BOT Lease Co., Ltd. 557 4.82
Limited
The Bank of Minami-Nippon, Ltd. 416 3.59 8-4 Izumi 2-chome, Suginami-ku, Tokyo 168-0063,
Japan
SMBC Friend Securities Co., Ltd. 376 3.25
Phone: 0120-78-2031 (toll-free inside Japan)
Aioi Nissay Dowa Insurance Co., Ltd. 370 3.20 Agent services are available at branches of The Chuo
Stock Holding Union of SANYEI CORPORATION Group Employees 339 2.93 Mitsui Trust and Banking Company, Limited
nationwide, and at the head office and nationwide
Sumitomo Mitsui Banking Corporation 315 2.72
branches of Japan Securities Agents, Ltd.
Unimat Real Estate Co., Ltd. 235 2.03 Public notice:
Posted electronically at http://www.sanyeicorp.com/.
Hiroyuki Mizutani 227 1.96
When unable to post notices electronically, the
Notes:
1. The number of shares held and ratio of capital contribution are indicated omitting
Company reserves the right to publish them in The
fractions less than the applicable unit.
2. Ratio of capital contribution has been calculated excluding treasury stock. Nikkei.
3. SANYEI CORPORATION holds 1,204,062 shares of treasury stock.
Year-end dividends (dividend per share) Share price (April 2010 - March 2011)
Share price Volume
(Yen) (Thousands
20 of shares)
400 300
¥16
¥15
15
300 200
¥12
¥10
10
200 100
0 0 0
59th Term 60th Term 61st Term 62nd Term 2010 2011
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Shareholder procedures
Procedures such as shareholder address changes are generally processed by the brokerage or other
institution that holds your trading account. Please note that the shareholder registry administrator
(The Chuo Mitsui Trust and Banking Company, Limited) is unable to handle such requests.
For more information about procedures for owners of shares that are registered to a special account or
questions about payment of unpaid dividends, please contact The Chuo Mitsui Trust and Banking
Company, Limited.
Bu si n e ss Re por t 2 011 14
http://www.sanyeicorp.com/