KATSUMOTO CORPORATION
CEO: Ying-Xian Zhu MARKETING: Wayne Cooke ACCOUNTING: Jun Wang CO-CFO: Miao Deng CO-CFO: Annette Rivas OPERATIONS: David Martinez CIO: Ikem Chukumerije
KATSUMOTO CORPORATION Katsumoto Corporation’s mission is to consistently set contemporary trends in the hair accessory markets through our innovation and creativity in producing aesthetically pleasing and affordable products MISSION STATEMENT
KATSUMOTO CORPORATION Global hair accessory manufacturer, corporate offices in Merica 2 production plants: Merica and Sereno 4 distribution areas: 3 in Merica and 1 in Sereno Decentralized organizational structure COMPANY INTRODUCTION
KATSUMOTO CORPORATION Conveniently packaged, 3-piece hair accessory kits, “Katsu-Kits” Each kit contains 1 headband, 1 barrette, and 1 set of combs PRODUCT INTRODUCTION
KATSUMOTO CORPORATION SUMMARY OF ACHIEVEMENT
KATSUMOTO CORPORATION SUMMARY OF CHANGES AccountActualForecastDifference% Net Sales Total Training Net Income Added to Retained Earnings Inventory
KATSUMOTO CORPORATION Expand into Sereno to capitalize on lower labor cost Consistent price increases Maintain sufficient production to avoid stockouts Invest in R&D to roll out new models annually SUMMARY OF STRATEGIES
KATSUMOTO CORPORATION Expand into Area 3 Introduce new models annually Increase training Expand Market Share – via expansion into Area 3 FUTURE PLANS