MVC-QF-TECH-067 (03)

Mabuhay Vinyl Corporation

CAPITAL APPROPRIATION REQUEST
Type of CAPEX:
(x) Regular CAPEX ( ) Supplementary CAPEX ( ) Special CAPEX
This portion will be filled-up by CORPLAN
Date : September 15, 2018 Location: ILIGAN Project No.
Dept.: Technical - QC Amount : P 100,000 CAPEX No.
=

Cost Center: 0371

Department Quality Objective/s or EMS Program Addressed:

OSHMS – WORKPLACE AND SAFETY IMPROVEMENT

Description and Specification/s:

Repairs on damaged laboratory cabinets, sinks and tables

Justification/s:

To avoid accident on laboratory

Priority:
( x ) Absolutely Essential ( ) Economically Desirable ( ) General Improvement
Return on Investment (ROI) % Recovery Period: Years Month/s
(Prepare computation on a separate sheet for ROI and Recovery Period if necessary)
Timing:
Start-up Date: 1Q 2019 Operational Date: 1Q 2019

Requested by: Recommending Approval:

JOMAR S. GORGOLON STEVE SC. PANGILINAN

Technical Manager VP-Manufacturing Operations

APPROVALS:

EDWIN Ll. UMALI RYO KOBAYASHI

President and COO VP – FINANCE

TETSURO HACHIMURA
Chairman of the Board
Effectivity Date: January 15, 2018 Form # Corp-001-01
MABUHAY VINYL CORPORATION

CAPITAL EXPENDITURE
NARRATIVE JUSTIFICATION

PLAN / BUDGET
: 2019
YEAR
DEPARTMENT /
: TECHNICAL/QC
LOCATION
PROJECT Repairs on damaged laboratory PROJECT
70,000
DESCRIPTION : cabinets, sinks and tables COST :
COST CENTER : 0371
PRIORITY : Absolutely Essential (AE)

JUSTIFICATION : To avoid accident on laboratory

SITUATION ANALYSIS:

1. What is the current situation? What are the problems encountered?

Laboratory cabinets, sinks and tables were already damage

2. What is the immediate / long range consequence if the situation remains the
same?

Accidents due to damaged cabinets/facilities can happen to laboratory staff

3. What are the benefits (direct / indirect) to be derived from the project? What
happens to the items that will be replaced?

This will prevent accidents and improve safety on workplace/environment