Definition of Terms

GM General Manager Head of the Business Unit

OPS Operations Department ROM - Regional Operations Manager
OM - Operations Manager
SPD Store Planning Department Handles all technical concern of stores
BD Business Development Department Handles expansion of retail network

EVALUATION OF THE SPACE

This is usually the first offer being sent by the lessor to Daiso Japan. Lease
Initial Offer offer indicates the following:
 Area / Dimension
 Rental Rate
 CUSA Rate
 Aircon Rate
 Construction Bond Amount
 Advance Rental Amount
 Security Deposit
and other related leasing terms and conditions

Daiso Team will visit the area so they can evaluate the mall.
Initial Visit Key Factors:
 Mall Tenant Mix
 Foot Traffic
 Proposed area location
 Cut of the proposed location

Initial Layout SPD will initially layout the store showing possible schemes of the store
IRR (Internal Rate of Return) - this is an in-house template used by
Operations. They will input the details from the lease offer then in will
automatically compute projected sales and expenses of the proposed
Draft IRR space.
After reviewing the space and numbers, BD now will negotiate the most
Negotiation feasible terms and conditions.
SIGNING OF LEASE OFFER

Final Offer Lessor to provide the final offer after the negotiation
Capex (capital expenditure) SPD to provide the final capex of the store

SPD to request for a pre-design meeting with lessor to discuss the

Pre-design guidelines.

EXCOM approval OPS to prepare final documents needed for the presentation to EXCOM
 TECHNICAL

Punch list SPD to provide a punch list report of the space

Final Drawings Preparation of blue prints

SPD to schedule a pre-construction meeting with the mall to discuss

Pre-Construction guidelines during construction
CONSTRUCTION

SPD and BD to schedule an internal meeting during the 50% of

Coordination Meeting construction

OPS to coordinate all necessary documents and activities needed prior to

Pre-Opening opening
OPENING

Activity Responsible Department Timeline (days)

Evaluation of the
1 space
Initial offer
Initial visit
Initial layout OPS, GM, SPD, BD 30
Draft IRR
Negotiation
2 Signing of Lease Offer
Final Offer
Capex
OPS, GM, SPD, BD 15
Pre-design
EXCOM approval
3 Technical
Punch list
Final drawings SPD,BD 30
Pre-construction
4 Construction
Coordination Meeting SPD,BD 60
5 Pre-Opening SPD,OPS 15
6 Opening OPS