Ryukyu Diving Co.

PROFIT & LOSS STATEMENT

1/1/2018 - 12/31/2018

REVENUE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
RIDE TICKET SALES Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
FOOD & BEVERAGE SALES ¥0 ¥0 ¥0 ¥66,800 ¥3,144,000 ¥3,144,000 ¥3,144,000 ¥3,144,000 ¥3,144,000 ¥3,144,000 ¥3,144,000 ¥3,144,000 ¥25,218,800
MERCHANDISE SALES Err:509 Err:509 Err:509 Err:509 ¥2,043,600 ¥2,043,600 ¥2,043,600 ¥2,043,600 ¥2,043,600 ¥2,043,600 ¥2,043,600 ¥2,043,600 Err:509

GROSS REVENUE Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509

EXPENSES JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
SALES TAX (8%) Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
UTILITIES #REF! ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 ¥1,624,600 #REF!
TRAVEL & TRANSPORTATION ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0
COMMUNICATION EXPENSES ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥480,000
ENTERTAINMENT EXPENSES ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0
INSURANCE ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥15,000 ¥180,000
REPAIR CHARGES ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥25,000 ¥300,000
SUPPLIES & EQUIPMENT ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥40,000 ¥480,000
LAND or LEASE PAYMENT ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥600,000 ¥7,200,000
LOAN PAYMENT ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥200,000 ¥2,400,000
PROFESSIONAL SERVICES ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥60,000 ¥720,000
CAR MAINTENANCE EXPENSES ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0 ¥0
TRANSPORTATION EXPENSES ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥10,000 ¥120,000
PAYROLL EXPENSES ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥1,376,000 ¥16,512,000
MISCELLANEOUS ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥100,000 ¥1,200,000
DEPRECIATION EXPENSES ¥0
MERCHANDISE Err:509 ¥613,080 ¥613,080 ¥0 ¥1,021,800 ¥1,021,800 ¥1,021,800 ¥1,021,800 ¥1,021,800 ¥1,021,800 ¥1,021,800 ¥1,021,800 Err:509
FOOD & BEVERAGE ¥0 ¥471,600 ¥471,600 ¥33,400 ¥786,000 ¥786,000 ¥786,000 ¥786,000 ¥786,000 ¥786,000 ¥786,000 ¥786,000 ¥7,264,600

TOTAL EXPENSES Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509

NET REVENUE Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
 Ryukyu Diving Co.
EMPLOYEE PAYROLL

HOURLY WAGE HOURS PER MO MONTHLY PAYROLL ANNUAL PAYROLL

MANAGER ¥1,200 160 ¥192,000 ¥2,304,000
GENERAL STAFF 1 ¥800 80 ¥64,000 ¥768,000
GENERAL STAFF 2 ¥800 80 ¥64,000 ¥768,000
GENERAL STAFF 3 ¥800 80 ¥64,000 ¥768,000
GENERAL STAFF 4 ¥800 80 ¥64,000 ¥768,000

TOTAL MONTHLY PAYROLL: ¥448,000

TAXES ¥67,200
TOTAL PAYROLL EXPENSES ¥515,200
ANNUAL (x12 mo) ¥6,182,400
 Ryukyu Diving Co.
MERCHANDISE
1/1/2019 - 12/31/2019

MERCHANDISE PRICE Items Sold Per Week Weekly Revenue

T-SHIRT ¥2,600 5 ¥13,000
TOWEL ¥2,600 5 ¥13,000
SUN SCREEN PRODUCTS ¥1,000 5 ¥5,000
BOARD SHORTS ¥3,600 3 ¥10,800
FEMALE SHORTS ¥3,600 2 ¥7,200

TOTAL WEEKLY REVENUE 20 ¥49,000

4 WEEKS PER MONTH x4 x4
TOTAL SALES PER MONTH 80 ¥196,000

COST OF GOODS SOLD (50%) ¥98,000

NET MONTHLY MERCHANDISE SALES ¥98,000
 Ryukyu Diving Co.
FOOD & BEVERAGE
1/1/2019 - 12/31/2019

PRICE Items Sold Per Week Weekly Revenue

FOOD ITEM 1 ¥800 5 ¥4,000
FOOD ITEM 2 ¥1,000 5 ¥5,000
FOOD ITEM 3 ¥1,200 5 ¥6,000
DRINK 1 ¥300 3 ¥900
DRINK 2 ¥400 2 ¥800
DRINK 3 ¥500 ¥0
DRINK 4 ¥700 ¥0
DRINK 5 ¥1,000 ¥0

TOTAL PER WEEK 20 ¥16,700

4 WEEKS PER MONTH x4 x4
TOTAL SALES PER MONTH 80 ¥66,800

COST OF GOODS SOLD (50%) ¥33,400

NET MONTHLY MERCHANDISE SALES ¥33,400
 RYUKYU DIVING CO.
CUSTOMER ANALYSIS

POOL RENTALS
MON TUES WED THU FRI SAT SUN TOTAL Pool Rentals
0800-1000 3 3 3 5 5 19 Dive Classes
1000-1200 3 3 3 5 5 19 Pool Parties
1200-1400 3 3 3 5 5 19 Drive & Dive
1400-1600 3 3 3 5 5 19
1600-1800 3 3 3 5 5 19
1800-2000 3 3 3 5 5 19
2000-2200 3 3 3 5 5 19

DIVE CLASSES
MON TUES WED THU FRI SAT SUN TOTAL
Open Water 0
AOW 0
Specialties 0
Experience

POOL PARTIES
MON TUES WED THU FRI SAT SUN TOTAL
0800-1000 0
1000-1200 0
1200-1400 0
1400-1600 0
1600-1800 0
1800-2000
2000-2200

DRIVE & DIVE

MON TUES WED THU FRI SAT SUN TOTAL
0800-1000 0
1000-1200 0
1200-1400 0
1400-1600 0
1600-1800 0
1800-2000
2000-2200
WAIT TIME ANALYSIS (BASED ON 20 SEC AVERAGE RIDE TIME)

RIDERS PER LANE 1 2 3 4 5 6 7

RIDES PER HOUR PER GUEST 180 90 60 45 36 30 26
WAIT TIME PER CUSTOMER (SEC) 0 20 40 60 80 100 120

WAIT TIME ANALYSIS

RIDES (BASED ON 20 SEC AVERAGE RIDE TIME)
PER
HOUR
180 180
160
140
120
100
90
80
60 60
40 45
36 30
20 26 23 20 18
0
1 2 3 4 5 6 7 8 9 10
SECONDS
WAITING NUMBER OF RIDERS PER LANE

RIDES PER HOUR PER GUEST WAIT TIME PER CUSTOMER (SEC)
 8 9 10
23 20 18
140 160 180

ME)
180
160

20 18

9 10

(SEC)
 Startup Expenses
Sources of Capital
Managing Partner
Investor 1
Investor 2
Investor 3
Bank Loans

Buildings/Real Estate
Purchase
Construction
Other
Total Buildings/Real Estate

Capital Equipment List

Furniture
Flowrider #1 ¥18,000,000
Flowrider #2
Equipment
Fixtures
Machinery
Other
Total Capital Equipment

Location and Admin Expenses

Utility deposits
Legal and accounting fees
Prepaid insurance
Pre-opening salaries
Business licenses
Other
Total Location and Admin Expenses

Opening Inventory
Surf shop inventory
Food and beverage inventory
Total Inventory

Advertising and Promotional Expenses

Advertising
Signage
Printing
Web site development
Grand opening
Travel/entertainment
Other/additional categories
Total Advertising/Promotional Expenses

Reserve for Contingencies

Working Capital