STRATEGIC PARTNER OF PLASTICS

FAQ

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About Company

Q1. When was your company established?
A1. Our company was established as Nihon-Jushi Co., Ltd. on March, 1952.
Q2. What is your management philosophy?
A2. 
As a pioneer trading house in the plastics industry, our management philosophy is four-fold:
  1. To carry out our mission of providing back-up support functions and services as organizer, suitable to the 21st century, to the plastics-related industry.
  2. To provide the kind of back-up support that customers demand.
  3. To cooperate with people in each organization we deal with, as we understand that good commerce rests on good human relations.
  4. To be a good corporate citizen that earns profits, but also contributes to society through attention to the environment and local communities.
Q3. What is the origin of your company name Pla Matels?
A3. Pla Matels, our company name, is derived from the words "plastic" and "materials".
Q4. What does your corporate logo symbolize?
A4. Our corporate logo, which consists of three mathematical integral symbols aligned vertically, symbolizes our intent to pursue an integrated management strategy.
Q5. Who are your directors and auditors?
A5. 
Our directors and auditors are as follows:
  • Masahiro Inoue, President and CEO
  • Satoshi Komaba, Managing Director
  • Masahiro Sugawara, Director
  • Nobuaki Sumitomo, Director
  • Yohei Tani, Director
  • Kiyokazu Anada, Director
  • Hiroyuki Ii, Director
  • Yoji Irie, Statutory Auditor
  • Yozo Shimomura, Auditor
  • Yoshinori Toyooka, Auditor

(As of June 2011)

Q6. Please give us a summary of your president's business career.
A6.  

PLA MATELS CORPORATION
Masahiro Inoue, President and CEO

Apr. 1976: Joins Nichimen Jitsugyo Corporation (currently Sojitz Corporation)
Apr. 2003: Appointed Synthetic Resin Department Manager
Jan. 2004: Appointed Pla-Net Corporation (currently Sojitz Pla-Net Corporation)

Exective officer and Packing Materials Department Director
Apr. 2007: Appointed Sojitz Taiwan Corporation Chairman & President
Jun. 2010: Appointed Pla Matels Corporation President and CEO
Q7. Tell us about your future development plans.
A7. While plastic material manufacturers are busy merging and forming alliances to weather fierce global competition, the number of trading companies in Japan dealing in plastics still exceeds 1,200.
We believe these trading companies will also have to consolidate going forward, and we aim to actively merge, acquire, and form alliances with capable companies in the industry.
Q8. How have you worked to expand overseas?
A8. 

Apr. 2001: We dispatched a sales representative to Bangkok, Thailand.
Oct. 2001: We acquired a 50% stake in Shinwa Gosei Co., Ltd. (Hong Kong), and dispatched one sales representative.
Jan. 2003: We established Pla Matels (Hong Kong) Co., Ltd.
Feb. 2003: We established a branch office in Singapore, and a representative sales office in the Philippines.
Apr. 2003: We established Pla Matels (Shanghai) Co., Ltd.
Mar. 2004: We established PLA MATELS (SINGAPORE) PTE. LTD.
Oct. 2004: We established Pla Matels (Tianjin) International Trading Co., Ltd.
Feb. 2006: We established a joint venture with TOYO INK MFG. CO.,LTD. : TOYO INK COMPOUNDS VIETNAM CO., LTD.
Jan. 2009: We established Pla Matels (Shenzhen) Co., Ltd.
(Capital share: 100% Pla Matels (Hong Kong) Co., Ltd.)
Aug. 2009: We established Pla Matels (Dalian) Co., Ltd.
Sep. 2010: We changed function of Pla Matels (Shenzhen) Co., Ltd.
Q9. What is your M&A policy?
A9. As we mentioned in our discussion of future development plans, we intend to actively pursue mergers and alliances with other trading companies that deal in plastics.
Q10. Tell us about some of your environmental efforts.
A10. As a trading house specializing in plastic products, we actively promote the recycling of plastics (for use as a substitute material for wood materials, etc.), have taken an equity stake in a PVC recycler as part of our eco-strategy, and acquired ISO14001 certification in February 2003.
Q11. Who is your auditing firm?
A11. KPMG AZSA & Co.

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About Financial Report

Q12. When do you close your books each fiscal year?
A12. We close our books each fiscal year at the end of March.
Q13. Tell us your FY Mar. '12 forecasts.
A13. We forecast FY Mar. '12 consolidated sales of 54 billion yen, ordinary income of 830 million yen, and net income of 470 million yen.
Q14. How much capital (and shareholders' equity) do you have?
A14. Shareholder's equity totaled 5,998 million yen at the end of FY ending March 2011,
broken down as follows:

thousand yen
Capital 793,050
Capital surplus 721,842
Retained earnings 4,537,001
Treasury stock -930
Deferred gains or losses on hedges -112
Net unrealized gain on other securities 117,939
Foreign currency translation adjustments -216,538
Minority interests 46,731
Q15. What is the breakdown of sales, by business, at your company?
A15. The breakdown of sales, by business, was as follows in interim results for FY Mar. '10:
Plastic materials: 79.8%
Plastic products: 17.9%
Plastic-related equipment: 1.4%
Plastic sheets: 0.9%
Others: 0.0%
Total: 100.0%
Q16. What are your expansion plans?
A16. We plan to expand our business through M&A activity and overseas expansion. We have no plans to enter businesses outside our current domain, but we do intend to actively merge with and acquire companies in the same plastics field, and improve earnings at the merged company through rationalization.
Q17. How can I get information on past fiscal year results?
A17. 
Please contact our IR office for fiscal results information.

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About IR

Q18. What market are you listed on?
A18. We are listed on the Osaka Securities Exchange (JASDAQ Standard) market.
Q19. What is your security code?
A19. Our security code is 2714.
Q20. When did you list on the stock market?
A20. We listed on October 11, 2001.
Q21. What is the minimum trading unit for your stock?
A21. The minimum trading unit is 100 shares.
Q22. How has your company's stock trended over the past several years?
A22. Our stock has trended as follows since listing:
  Mar. 2003 Mar. 2004 Mar. 2005 Mar. 2006 Mar. 2007 Mar. 2008 Mar. 2009 Mar. 2010 Mar. 2011
High ¥460 ¥485 ¥530 ¥880 ¥845 ¥618 ¥460 ¥344 ¥401
Low ¥250 ¥285 ¥396 ¥465 ¥544 ¥370 ¥250 ¥250 ¥260
Q23. What is the trend in dividends per share at your company?
A23. The trend in dividends per share is as follows:
FY Mar. '99: ¥100 (Ordinary dividends ¥75, Commemorative dividends ¥25)
FY Mar. '00: ¥150 (Ordinary dividends ¥100, Commemorative dividends ¥50)
FY Mar. '01: ¥125 (Ordinary dividends ¥100, Commemorative dividends ¥25)
FY Mar. '02: ¥15 (Ordinary dividends ¥10, Commemorative dividends ¥5)
FY Mar. '03: ¥15 (Ordinary dividends ¥15, of which interim dividends ¥7.5)
FY Mar. '04: ¥15 (Ordinary dividends ¥15, of which interim dividends ¥7.5)
FY Mar. '05: ¥15 (Ordinary dividends ¥15, of which interim dividends ¥7.5)
FY Mar. '06: ¥15 (Ordinary dividends ¥15, of which interim dividends ¥7.5)
FY Mar. '07: ¥17.5 (Ordinary dividends ¥15, of which interim dividends ¥7.5 and commemorative dividends ¥2.5)
FY Mar. '08: ¥20 (Ordinary dividends ¥20, of which interim dividends ¥7.5)
FY Mar. '09: ¥16 (Ordinary dividends ¥16, of which interim dividends ¥8.0)
FY Mar. '10: ¥13 (Ordinary dividends ¥13, of which interim dividends ¥6.0)
FY Mar. '11: ¥13 (Ordinary dividends ¥13, of which interim dividends ¥6.0)

Note 1: Face value per share was ¥500 through FY Mar. '01. However, we initiated a ten-for-one stock split in August 2001, reducing face value per share from ¥500 to ¥50.

Note 2: The number of shares constituting one voting unit shall be reduced to 100 from 1,000 as of April 1, 2009.

Q24. Who are the major shareholders of your company?
A24. Below is a list of our major shareholders and their shareholdings: (As of 31 Mar. 2010)
Sojitz Pla-Net Corporation: 3,980,000 shares (46.56%)
Asahi Kasei Chemicals Corporation: 400,000 shares (4.68%)
Asahi Organic Chemicals Industry Co., Ltd.: 220,000 shares (2.57%)
Teijin Chemicals Ltd.: 195,000 shares (2.28%)
Q25. Who are your underwriting brokerages?
A25. Our lead underwriting brokerage is Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Other underwriting brokerages are Daiwa Securities Capital Markets Co.Ltd. , Mizuho Securities Co., Ltd. , and SBI SECURITIES Co.,Ltd.
Q26. What newspapers do you use to announce IR information?
A26. We use the Nihon Keizai Shimbun published in Tokyo. Regarding public announcements of fiscal results, we publish the balance sheet and income statement on our home page in line with revisions to the Commercial Code.
Q27. What is your basic policy regarding investor relations?
A27. We aim to provide timely disclosure to investors through our corporate website. We are anxious to receive feedback, so by all means send your opinions and requests through the contact e-mail provided in this website.
Q28. Do you have an IR office?
A28. Yes, the details of our IR office are as follows:
Q29. Who can I contact for more information about various stock-related procedures?
A29. Please contact Mitsubishi UFJ Trust and Banking Corporation, which handles share ownership transfers for our company, for such information.

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