A Five Year Financial Plan for Sanyo Seiki Stainless Steel Corporation / Maderazo, Micah; Mondano, Jennylyn; Gregorio, Mary Rose; Cruz, Dianne Abbie; Briones, Lady Alyssa; Domagas, Jennifer; Gregorio, Mary Rose; San Juan, Gunelle Debrah Faith; Suela, Roveil Jireh and Tenorio, Ma. Bernadette. 6

By: Maderazo, Micah et.al. 4 0 16, [, ] | [, ] |
Contributor(s): 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; February 2013.46Edition: Description: 28 cm. 85 ppContent type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Related works: 1 40 6 []Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- -- -- 20 -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:
Contents:
Action note: In: Summary: ABSTRACT: Sanyo Seiki Stainless Steel Corporation was established and registered with the Philippine Securities and Exchange Commission (SEC) on January 18, 1995 with an initial capitalization of Php 15,000,000. Its primary purpose is to engage in manufacturing, selling, and distributing stainless steel products. The company has over 23 years of extensive capabilities supplying high quality stainless steel products worldwide, Sanyo Seiki Steel Corporation aims to be a global company. However, the company is experiencing low level of net income that leads to poor profitability. Based on their financial statements there us a continuos increase in the cost of sales and operating expenses which results to a decrease in their net profit. The Sanyo Seiki Stainless Steel Corporation has problems managing high interest bearing loans and borrowings, as well as decreasing cash and cash equivalents. The proponents aim to provide Sanyo Seiki Stainless Steel Corporation certain actions that would not only theoretically answer their problems but also plans that would possibly let them recover from their financial difficulties. First, are the Just-In-Time Manufacturing and Inventory Control System. This an alternative in which the materials are purchased and units are produced only as to meet actual customer demand. The time spent on manufacturing is reduced resulting in greater potential output and areas previously used to store inventories can be used for other activities. The funds that are tied up in inventories can be used where it is needed most. Second, is the Issuance of Additional Shares. This is an alternative in which the company raises money by selling common or preferred stock to individual or institutional investors to generate additional capital. In return for the money paid, shareholders receive ownership interests in the corporation. Issuing additional shares will add more credibility to the company and there will be no requirement in case the company fails. The company will have more cash in hand for expanding the business and they won't have to channel profits into loan repayment. Last, is the Change of Suppliers. In this alternative course of action, the company will have to switch from foreign suppliers to local suppliers to reduce and cut down the cost associated in purchasing raw materials. The stainless steel price will no longer be subject to currency variation, high tariff and taxes, foreign exchange rate risk, and global economic conditions, thus reducing purchasing price and freight price. Therefore, the proponents highly recommended the last alternative course of action which is to Change the Suppliers. This would indeed help the Company to gain profits by cutting down the cost associated with purchasing and the time spent on shipping the raw materials needed for production due to the proximity of the suppliers. Not only does this increase the profitability of the company, it also promotes the local market and the local mining industry. Following what the proponents proposed to enable the company to overcome profitability problem, all else will follow. Other editions:
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Financial Plan: (BSBA major in Finance and Treasury Management) - Pamantasan ng Lungsod ng Maynila, 2013. 56

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ABSTRACT: Sanyo Seiki Stainless Steel Corporation was established and registered with the Philippine Securities and Exchange Commission (SEC) on January 18, 1995 with an initial capitalization of Php 15,000,000. Its primary purpose is to engage in manufacturing, selling, and distributing stainless steel products. The company has over 23 years of extensive capabilities supplying high quality stainless steel products worldwide, Sanyo Seiki Steel Corporation aims to be a global company. However, the company is experiencing low level of net income that leads to poor profitability. Based on their financial statements there us a continuos increase in the cost of sales and operating expenses which results to a decrease in their net profit. The Sanyo Seiki Stainless Steel Corporation has problems managing high interest bearing loans and borrowings, as well as decreasing cash and cash equivalents. The proponents aim to provide Sanyo Seiki Stainless Steel Corporation certain actions that would not only theoretically answer their problems but also plans that would possibly let them recover from their financial difficulties. First, are the Just-In-Time Manufacturing and Inventory Control System. This an alternative in which the materials are purchased and units are produced only as to meet actual customer demand. The time spent on manufacturing is reduced resulting in greater potential output and areas previously used to store inventories can be used for other activities. The funds that are tied up in inventories can be used where it is needed most. Second, is the Issuance of Additional Shares. This is an alternative in which the company raises money by selling common or preferred stock to individual or institutional investors to generate additional capital. In return for the money paid, shareholders receive ownership interests in the corporation. Issuing additional shares will add more credibility to the company and there will be no requirement in case the company fails. The company will have more cash in hand for expanding the business and they won't have to channel profits into loan repayment. Last, is the Change of Suppliers. In this alternative course of action, the company will have to switch from foreign suppliers to local suppliers to reduce and cut down the cost associated in purchasing raw materials. The stainless steel price will no longer be subject to currency variation, high tariff and taxes, foreign exchange rate risk, and global economic conditions, thus reducing purchasing price and freight price. Therefore, the proponents highly recommended the last alternative course of action which is to Change the Suppliers. This would indeed help the Company to gain profits by cutting down the cost associated with purchasing and the time spent on shipping the raw materials needed for production due to the proximity of the suppliers. Not only does this increase the profitability of the company, it also promotes the local market and the local mining industry. Following what the proponents proposed to enable the company to overcome profitability problem, all else will follow.

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