Business report of a certain aircraft manufactory Co., Ltd. in Japan during the war. (1st period-3rd period)-香川大学学術情報リポジトリ

i I $ ," I 9 ₁

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R[rFTYf'$;s Rj?FQ!(?' 0 2 . A ('F"i;'TAIR

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&$/\NU& ,\ CT(?TIY ('(1

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1 'VT> J b .il:T:'. A ':>UR7iti'C: ?'fli< '

I

-

/

-, k WAR. : 1st PF:!<IOD-.?id PERIOD ProF.

E,

Kubess. I

/

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Bnsincss Eepo! t ist Pc-iio4 ' - 1

The gent-ral outloo!c of L\vsiness of o m conlpai~) Cay th.t= IST ;mi02 from Mnl; 2 5 , 1936 to Aug. 3 1. 1936 is r o p o ~ i r d 3-- fo^oil~~~~.i

General _{- --}

_-

?&eting _{-. --- -} of P: omotels _--

I

₁

*

The g,inera\ n1t:ctizlg oi hc $romori:ls was held ciir h i i ~ ~ ' : 1'5, 1936 ' 1

I at

--,

alld the f.ojlu\ving dccislon v,as niadi: on the elc.ctic~a arid appoint. ment of dirkctors and auditois.

Director8: A,

M,

C, D.

Auditors : E, F I 1

1,

. ) Genera1

-

Ouriook -- oT - - Bcsiness - 1

I _{So far}

T V ~ have been en;;aged in rcpai~ing.snlt ~ernoci.c'?lin:; aircrrrft,

.

but we have now orqanizt~d o~na.!ves h ~ t e a joirlt stock comnpuny on i n mi;arged scale of business opertitiorl fol the prrrpmc? of rnanufactming airpianes find parts As the tirst leg of the p~oject a newf section was ereate$ within the present fzctcl~ spceialfy a\terding. tci the pj.lo;iuc:ion of wings of ihe Focker Scpel type plane The opalation got u n h way immediately, and the fjrsl wjng of its kind w a s ccjnlpletcd ir* the mid-

'

_{dle of August To cope with} the expanded amount ol blzterprise, cone- I stcucfion yorl; of a kig han;;er and ;wo:machine pairs was started in June

, and is expecfed to be completed In the course or Scidember read) for the .operation of the, rnaclninery

' During rI:e culrl 171 Pe~4qd we Bad to satisfy oulwi+eq r+~ij:h thr' pro.

I

chcaio~; of wings o A ':irnpu type p h q a; described al~ovs tne ot!-.t>s p:o-

,f '

ject still rernainlnng . ;n ,)!?re + ~ j n t E e ~ a i ~ i i ~ g c c . of 12 passenger-planes

1 acid 4 hail-planes from the Nippon XC6knyus6 t t d

,

nntl 7 clqilian planes

I '

from some other c3stornek3 etc. repraiqnt for, this p p ~ i o d 'ihe principal

items of our business or ;%: ?ally envisaged, !a

x

i*

i\:Y

i

d l " *

1

I

9

i

1

General Affairs

'1

-

1 ) Election of the chai~man of the hbard of directors, and the

i

managing director

..

..

.

was elected by muunal vote as chairfian of the board of di-

1

rectors and

....

....

.

8s managing director rsspecti\ely at the directors I

meeting held on Mbr. 25, 1936

i

i

1

(2) Registtation of the est~blislinlent of the compntly

i

i Registered the establishrn@nt on, May 8 , 1936

\I

( 3 ) Stocks and srockho~de~s at the end of the peliod i

I

Number of stocks ,

..

. .

.

.

..

,. . 30,000

1

Number o f stockhoIders I..

.

.

.:..

.

:if i

I

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Inven?ory - -

..

.

.

Ailcraft &lanufactory Co. IJtd. I

Aug. 31, 1936. ,

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_

_ - -- _-

_ _

_

- . -_ __ - .

/ I

1 Items, "

.

i I - - - - --

-

- -

-_

---__I _- _.__

__

.

_

Amaunt _"%'?

1

Unpaid Capital Stock, 30.000 stocks '@%do

-

6@.00(i(6 I

I"

_{1,~ind. i}

i 3,294 tsubo

. _

23f,01P.09

I

I a Builidngs &Structures hangax-. total number of tsubo 296 181,80O.68

I '

I

office annexes--267,185 tsubo

1

fdachir~e~y & Equipme~lts various kinds of rnacliiric-s 13,802.91

i

Tools, E'u~niture S r 3 Fixtur- 25,:) 14.51

I

various kikds of tools, fruniturs ,*

(1

.i &" fixtule I

1

fiaw+Materials & ~ u p ~ l i % s materials for mani~fnctule 8 57.963.!;0

! _repair I

i

: Bank Deposits tb Biiiichi Bank E3 the ornoxi 99,?86 83 , ,

, Branch of 'the Kawasaki Dalhyaku

Bar lc

.

I

Cash on hand 1 2,$98.41

1

-i

/ ( * &

Suspenw Payments hangar under co~struction and i ::04,121.17

ot11e~ suspense payments

Trade receivable receivable money for lepair and 113,,669:13

manufacture I I

."

, <

4

fntcrest paid A 4,920:13 Miscellaneous 'Income 589.19

Deprecision of Organization

Eqenses 16-08

Nee &ofit for the Peliod

-. - - - - - 30,900.87

_

- -_ Total 233,038 39 - '~ora-1- _-_ 833,023

_

39 , I ---- _-- - . -- + - . - - - - - -

-

- - I

,

Disposal of Net Piofit

, , - . - - -

!

- -- - -- - _ _ . - _ _ _ _ _ _ - -- --

-

, I - - -- - -- I 0 . Dr. I

_____

_

_

._ . _ -- -- - - _ - I

legal Resivc: 1,800 00 Bet Prof it for ,the Period

309$h t) 27

k-ktilei~ent Fund - l,500 00

43ivEdends paid ld7000 00

Mwnuis to Officers 3,(iOO .00 Ylijpix~s brought foxwaid

to the iwxt Period 6,600.27

_

___f________I___I___.

__

_-___-- --

--

--

Toad 30,0d0.27 , , To1 a] ~30,900.27

-

.

. --. - - - . . - _ _ . , _ _ - - - - . ---

I

Business Repolt (2n,3 Period) :

-

-. --- - -

-

.

T!ir outlook of bcsincss of oui company for the arid p r i o d , I

fro:rl Sept. I to Feh. 28, I937 is reported as io:lo.hs. * I

i

I

.

*

1

' _{The 1st Regular General '&Ieeting of Stockholders}

*--

---I-

-on sep;.

28, 1936, at -..-, the 1st regular. g<ne~a! meeting of stock-

I

/ ' : iloldcrs was hcfd, and the followihg bills wele1)rought up for discussion

i

I

I

a x i passed. i

f

lst Bill . Apl,royal of tlm bnsiness repo'f inventory, balanct~ k i - e t I

1 I

rild ?Tofit & lW str?cilient f o x the 1st peiiod fiom hlari 2 5 to h u g .

31 .I 936

1

2ild sill

-

Uispositisn oi rht: profit of the [IS teliod 3 I I

t

-'he cbove two bills welt: ;t;,l~loved arld p a s d as drarted-

i

, 3 r d ) Biii

-

Salaiies to b e to directors & auditols

I

It was resolved that the sals!ies to be paid to diwctols and auditors ,

1

svn5ld not zsceed the hit&cs~ iinlit 4~ 1 (),OOU pel annum, and would

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1 i 1 \ i i

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OLIVE 香川大学学術情報リポジトリ

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5

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& decided rpou by t l x board of directols.

'I

'

_4th

_Bill

_-

_{Paltial alte~ation of the articks of association}

, 1 Clause 2 Articic 2 was ~escinded.

i

;

97 .-.will be made in ToJcyo" will be added next to TheIpublic

I

I '

1

:

General Oxtlook of

-

Business

1; %a l6uIts of the bbusiizess for the curlent p e ~ ~ o d hzve been divicEcd I

'I

into thrc: sections

-

nzmely, repai~ing and remodelling of planes, manu. facturinE of wings and trial manufactruin;; of new 'plases are as

$oll?ws: ' .

(1) Repairing & rernbdelling: 1

Nakajirna P I type mail planes 3

I _{Focker Super Universal type plznes}

! * 6

5 I

// - F 7 3 M type plant

,

I

i~oc~<heed Aliea type planes i

I

I I 1935 type almy training plane 1

1

-

,

4b!o 604 K type planes 2 1 '

'

/

'3 938 type carrier-borne attacking plane 3

\ I

3 type army t~aining planes' 3

i

3 type fighting plane " 1 ,

Parts rapaired and manuf$c~rared 156 instances I

2: Main wings rnapufactured

Wain wings of Fockev Super U~~i.o+;isaJ ' t ~ p e 5

(3) 'hial maiiufacture

Palts, wooden models, jig rnantdctctuied, and plans d r a m

, in preparation for trial manufacturing of 14esc:I-icraft C 1'7 iypt: I plane.

I

/ _{'rhough the amount of repairing for the c n ~ l e n t period shows as is}

1

shown shove s dcorrasr o(10% as compaird with the p~ccediog period,

.

the manufacmle oi main wings of Fockel Supel Universal 4jpe

plam commenced in the preceding period has b c m carried on together

7 , > -- <-", \ , ' '

'

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!

\ 1 I

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L \ I 1 I 6 1

1

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x i h e r i a r n r r i u h c t ~ i i e o! ~ e ~ ~ k c ~ a f t C li t p e h a l l 'passenger

pbizes mder tile dilection of an d@neel employed from 3encht'raft.

I

iiilcaft Co , Ltd

,

ti.

$ A. I

j

I ,

\

Gel~erzrl riifairs. \ 1 - - - - - ( i) "I'r~ai manufactu~e \

In$trtraactions co~icelning the tli?l ~nanufactulc ol pasdgc: ' ,

pianes (Beachmait C 1 7 type) and a l ~ o v e r m e i i t l l subsidy tierefor

'

;

1

twit given by the Oepartrnerxt of C;o~rnunications on Oct. 28, i936.

I i

(2) Cornmelcial x,:gister a \

\

Made ~egistxation of partial aitdt'ation of the ariic!es co~ci.l:iiilg- I

the ohject oi the 6G~pRllY and metllodl of notificuiion, a d tbd\leiire

aav:ut of director on Ocr. 1936 I

I ,

I

I

\:3) Completioil of hangat and pIailt ,

\

i,

'The C o u s t ~ u ~ r ; ~ , r l of a Xa~ge hanga~ (518 t s ~ ~ b o ) , a meta\

1

woiii, a machine shop (140 tiubo), s warehouse i d smithy

!UO tsubo), a st:xving & painting shop (140 tsubo;, a transbrrriel svb.- \

statidn

(5

tsubo!, the xehabilitation of 8.11 office, and the extcnsip of ,

a niiodwork shop \riiicll s n c ata~tcrl d u ~ i o g r i ~ c t o w e r peiioii id the _I

ar.ri,modation of the seconcl airciaft man~~iacturing plant, lna~7e beer \

I

c~iillpeted, 1

,

F ) 'The total aumi:c* ol tile staff aqrl employees at the _'\ , I

+:I(\ of

he

culient par iocl i s 1'7 1 . !

\ _{of iice clerks and eug ineels 2 5}

\ .

-

lal-)olcxs 146

1

3) Stoclcs and stockholders at the >end of the pcriod I r 7

4E:exe was orre instance of transference of 100 stocks dt~liny, this pelid.

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Numdel of stoclis

. .

30,000

Numbex of srocihoI~le~ s

...

.

. . . 3 3 I

_I.

1 I

I

j in\entolp* (Veb 28, 19:37) omit.

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Ynldnce Sheet I --- Airc~aft Manufactoxy Co Ltd

i

Feh 2S, 1937

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OLIVE 香川大学学術情報リポジトリ

I I I " I 1

;

"

I

4 8 I \

1

P

Idisporn1

&f

Net Profit

3

/ _ _ - -

__

-

-

, Dr. q r

--

.- - -- - . - - - - . -. . - & - -. - . - . . -- --

1

2,400.QO Su~plus bropght are; from the *

/'i

I Legal Rese1-w \-.,)

I pleceding Pel iod 44,785.8bi

!

Bonus to Officels 6,000 00 Net Profit for ' the Period

i

1 6,600.2'7

Dividends paid 2 1,000.00

! \

1 Surplus brought forward to the

next fr'eriod _{_______} 15,986.13 ~ _ ~. _ ~ ~~._ ~ ~~ ~_ _ _-- _ _ _ _ __ _ I 'b'otal 51,386.13 Total ' _--- 51,386.13 I

_

_-__I_.__ __--=_=__.__

_

_ __

- -- I i I

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Bnsineqs Report !31d, I'e~iod _{-- - -- - - -- ---- ---}

j

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r Y

llxe _>+ geneial outelook of b u s h e s of our company mior the 3rd period

I

from**%Iar. I, 1937 to Aug. 31, 1937 is report&! as loiiows. I

'I '

.

J. '

The 2nd Reaular General Meeting _{--- -- - - - - - - . - - -.}

_-

o i Steckholdels A . . - - - - - -

; On Mar. 26, 1937 at

---,

the 2cd re,4;ul%l 3ensr:iP ]meting of stoek-

'SI0P;t

holders was held a ~ l d the fal!otving bills w c r e bra~ir$::t l;p for diseu, ' and passed.

1st Bill

-

Appxoval of eh.e br~sinss repout, inventory, balance sheet profit and loss statement for the 2nd peziod fronl Scpt 1, 1936 to

Feh. 28, 1937 I

2nd Bill

.

Disposition of the plofit of dt? +d period

TkZe above 'two bills were appro'ird and passc:tl' as drzlted. lness

General Outlook of Bus: _{- - - -- --}

t ,\J

'fie business restllts attaimd for the period ale as Sollows.

j

1 ) Manufrt ctule

Rial manufavtme of the Beachcraft C 1-7 E type passcager ,plane k\

The t r i c i l manufacture plane on which 'uve had hce?? waking since tbe --,. pieccd;ll,a paiod was succssflrlly completed in Bpiil, and the engineer

engaged from hn~erica to lead thc manufacture ~etu:~:ed home.

Since f i n ure have bee nianufnxctrrring plsnes it] orderiy suc~,ession.

-

9

bcgilmning with Ko.2 plaiie by using chiefly domkstjc matenials.

~ a n u f d t u l e o l ar:aii4 wings and hodies of F'oclcei S u p : ~iliversal

.

type passmger p1az:ea

I

We lia17e already manu.lactured 11-lee main wings, and completed No.$

I glanle, and ale doing our utmost to increase the production.

i _{V/c used to rrranuCacule main wings exc!usively as clescri!~ed above,}

but at t ! ~ e heginning ol' this p e ~ i o d we srarteci manhfat'actnring of bodies

as well as -rviiigs of pla~les

I

(2) Kepar

\

During this period, we stalted. the repairing of militsl) plai~es in '

I

I

additicn and have &r.ady lepajred 23 civilian planes ifirjd partidly 768

planes of different kinds Thc numbel of planes repaiied was n e a ~ l y the same as that o f , tfic preceding period, hut the incolze fr'rorn such ~ e p a i ~ i n g has &en on the decrease as compared with &e prccqding

i

_r period, on accozlnt of the slightness of tlic damages 01 p h e s to be re ,

Since the preceding period, Qlll efforts hi7c beex deo0ker.d to augmrdilting

the operation by constiucting workshops and repletkng tile ma&hinery.

₁₁

Consequently it is expected that oui nimufactory ~ i ~ i l l be expandeg

it1 the r?ianufactn:a of new Super\ type and Beachcraft type passenger

'

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planes above rcfciie:l to and other general repaii and rnanratacture of

I

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pa1t3. i Gecersl _{- - - - -- -} Affair3 _{-- -}

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1

(

.

!

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C011st~iictlon of iactoiies

1

I)uling this peakor1 coalstluttioxl of additiomri!, factoxies Ills~e been I

starred, which is q ~ e c t e d to be completed in the'ea~ly pat. of g ~ e next pcxiod.

1 2 Emnployr>ent at the end' ot the perioid ,

oflic3 k c ~ i s ax;d enginecis ' 57

.

laborers , 158

3 , Sivcks slid st~ckliolders al the end of

the

pe~iod

7'hela was one instance oi: t ~ a n s f e ~ e n c e of 10i) stocks duiiiig this period. a

Number

gf

stork$.- .-..---. 30,000.

'a

, , j > ,

1

7

I

I /I)1

/i

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11

Nplmber of stockkolders ---.-33

f

Inventory ( h u g . 31, 1'337; omit. I l ii 1

1

Balance Sl~ekt. h

..-- Aircraft 44anufactory Co , fitd

i/ _-" hug. 31, 1937. _{- - -- -}

I Dr. _Cr

_,

- I

_-

-

_ _ _

_

__

-_

___

.__ ._

_

1

if&aid (:apital Stock 600,000 0O0 Capital ~ i o r k l,500,000.00

Land 231,015 00 S u s p e n ~ Receipts 346,'k'Sl $34

I

1:

Buildings arid Stxacrures 492,123.39 J,oans bayable 600,000.0~1 '

Machinery

tk

Erjuipmellts Accluc-d Expenses 208,732 k'?

126,664,SG +

i! Toois, Furniture &- Fixtuie 13.t:posi ts leceived

.

L,12 1 .a0

(i

163,124.37

/I Patents 57,30723 Legal Keselve 4,200 00

/I

Raw Materiais &

Supplies

Kesc~ v e fo: Empl~jees 1,500 00 ,

.

ii

362,'i 10 38 Reti1 cmcnt

;I

ii Goods in Process 8.3,038 36 Su:plrts hlotrpht ovey f ~ o m thc

11

i pleceding Fcliod 15 986 13

1;

Securities 23,550.00 ' t'iofit for the Period '

i 1U.6.iS.23

i

Bank Deposits 68,899.56: i Postal ~ r a n s € e r Deposits 274 62 j' Urtcolkcted dncorrie 402,903.87 I I , Susgense Paynlents 6S,9S4.4G 5,&4 07

n; Cash on Hand -- - - -. -- - -- -- -- __---

-

--*-A ---

i Total 2,688,2SO.l7 Total 2,688,280 17

j

---I--- - - -- -- -

-

Ploft

6L

Loss Statement .

--- Aircraft \llenulactory Co., Ltd

..

%

The :hd Peiiod from 3Ial. I,! 1937 5

I to a,;,, 31, 1937 " 0 - . . - Dl.

c:;

, - - - - -

Business Expenses 6 i 4.510 88 Busiwss Income G55,62 y-S.5

>

E

'I

11

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i Dkpxeciation of Fixed swts , Inteyest received , 694.78

I

22,392.66

i < .Interest paid i0,395.00 R%isczllaneous Income 1,634.16

i'

S e t profit for the Period

\

10,558.23 1 -- - 'rota1 - -- -- . - .- -- -. 637,856.77

-

-

- 'rota1 657,856.77 --. ' *

Disposal of Net Profit -

I Dl.

--

Cr _{-- --} -- -

-

,

I Legal Mesave 1,500.00 , . Net Piofit fox the Period

10,558.23

i

E

Divideuds paid 1 3,500 00 S,u~p!us brougllt over from ihe +

p;eced ing Period 15,986.13

!

$urp!us brought foolwa~d

1

I

to the next Period - - - - 15,544.36 - - - .

-

.

-

- . -

-

--

-

-

-

-

Total 26,S44G.36 Total 26,544

3

.

-

-

--

- - - -- --- - --- -- - -- - - -- -- - - .-- - - - --

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I

FOR REFERENCE

I

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'

The following shows the balance sheet atid the p r o f i ~ & loss statement i

1 .:

both for 18th period (I'roli! Sept. 1, E944 to Feb 28, 19445

j

just psior

.

E _{lo the terinir-ation of the war.}

I

Balance Skeet

<

---

-

AlrclaiCt h4anufactory Co

,

Ltd.

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_

- - --- _{-- ---} '1 _. -

.

- - h'eb. 28, 1945 _I. _-*_ - - --- 01. C:r -- - --&

-

- -- ---. . -

i ,

Unpaid Capital Stock 900,000 00 Capital stock 10,500,000

06

1.and , 2,346,699.04 Legal R e w ~ ve 113.100 00

i

Suilgings 6,012,359 16 Gc-nei al Reserve 156,000 00

Structuies othei than B~:ildings

i I.oans payable 139,000 0b0.00

663,088.89

1

_{Machinery and Equig~?zeilts I.oans payable to afflfated}

I

8,184,$78 51 Coinpanies 5,282,400 91 ,

I

Delivery Fquuiprneurts 5 72'362.47

Q

Tools, Frirrliture & Fixture Accounts payable 2,853,143.6-6

1

1,221,326.65

F

!

%V

F

II

-

jl

1

j " /

12

1

,

+

{I1 6,239,689.39 Advances fxom C~~storners

$11 19,877,400 00

+I1

ii, (:oastl~~otion in Process Deposits re(:eivecl 295,387.23

1,

12,'7(56,202 9 1

/I

1 b\ loping F>x~enses 8,648,918 57 Aceiited Expenses 668,594 46

j,'

I# In'vesimcnt 155,70!.00 Suspensc 3:eceipts 5,939,123 9')

Ii,

Sxpplbs 81,985,817.29 ' Rese~ve 401 Employees 208,96'3,3(?

! I !<etilement

Filinisi~ed Goods "i 1,201 ,Ij 19.0

L

(hods in Pioecss 16,300,435 92

I '

,

j

Securities 256,5179 00

,Ij Piepaid Deposits 00 i'urchases , I

J 27,707,863.79 11 I Advances 260,665 05

/I

Loans leeeivaj3k 90,000 '30 j

//

Accounts reoeivabk 24,034,579.98 i piepaid Expqhses 1,488,869 28 ljnm:bcteci ihcomc 3,2.90.90

*.

1

i Cash anh Deposiis 3,?58,89%,96

!

8 i

[ I Eqtirement F~liid 20S79YO 30

'

9nspeose Payments i,360,06i .22

Suzplus bro~lghi ovel froill tiw

yl*,cuding $'er;od 2,7/&6,859 52 I Net I, )ss fa1 the PeiiotL

1 4,075,882 95 . -' +-. . - - . . . - - . -.--- . -. .- Total 784,,:394,'1&?.96: 184,594,142 96 _L

_

_

. .. -- --- ' ... ... - - . . . . . - . . *. . . - . \ P ~ o f i t Pc Loss

Statement

:A

-. . Ai;cralt Manui'acto~y Co., P.td

The 181h Pcliod fiom Scp: 1, 19?4

_'k$

to Feb 22, 1 9 l 5 ,- a

-

- - -

-.

_{- -} ' _{- -} - - - - _ .

_

_-

Dl _{- --- - - -} G. _----

Cost of Goods sold 22,518.1 (30 .I 1 Sales ' 2 1,200,400.0f3

Iqterest paid 2,'i 16,194 S I Interest rcceived GS7034 6/!.