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TANAKA KIKINZOKU KOGYO K.K.
View from Japanese Gold Market
LBMA Singapore Market Forum
25/06/2014
TANAKA KIKINZOKU KOGYO
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
About TANAKA Founded in 1885. Total Solution Provider
From procurement to the recycling of
precious metals, we aim to further
streamline our business by adopting
an integrated system.
STEP 2: Processing and
Manufacturing
STEP 1: Bullion
Procurement
STEP 4: Recycling
STEP 3: Sales
2/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
Gold price (Tanaka Kikinzoku Retail price vs London Fixing)(1973年~)
\-
\1,000
\2,000
\3,000
\4,000
\5,000
\6,0001973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Reta
il price(\gm
)
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
London F
ixin
g($/oz)
Retail price
London FixingGold price since 1973
Monthly average Loco Ldn ,TKK Retail PX(JPY)
Gold import
liberalization
TANAKA
GAP launched
Consumption tax 3%
Consumption tax 5%
Consumption tax 8%
Deposit insurance limit
lowered
Han-shin Awaji
Earthquake
The Great East
Japan Earthquake Appointed
as a LBMA
GD smelter
Appointed
as a LBMA
GD Referee
3/13
TANAKA PAP
Launched
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
Japan Gold (unprocessed) import/export data
Annual import and export(1988~)
HS Code:710812000
Gold (Unprocessed)
-150,000
-100,000
-50,000
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Quan
tity
(K
g)
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
Tan
aka
Kik
inzo
ku r
eta
il pr
ice(\/gm
)
Import quantity
Export quantity
Average price of Retail price
4/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
Japan Gold import/export data Annual import and export(1988~)
HS Code:710811-13
Gold (All)
-400,000
-200,000
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Quan
tity
(K
g)
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
Tan
aka
Kik
inzo
ku r
eta
il pr
ice(\/gm
)
Import quantity
Export quantity
Average price of Retail price
5/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
TANAKA Retail business network in Japan
Hotel Chinzanso Tokyo
Ginza Tanaka
Headquarters
Sendai
Shinjuku,
Tokyo
Motomachi,
Yokohama
Nagoya
Shinsaibashi,
Osaka
Tenjin,
Fukuoka
Sakae,
Nagoya
9 Direct shops / 120 distribution retailers
Call Centre / Online Shop
6/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
Gold price (Tanaka Kikinzoku Retail price vs London Fixing)(1973年~)
\-
\1,000
\2,000
\3,000
\4,000
\5,000
\6,0001973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Reta
il price(\gm
)
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
London F
ixin
g($/oz)
Retail price
London FixingWhat TANAKA experienced ?
①
②
③
④ ⑤
⑥
⑦
⑧
7/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
TANAKA Gold Retail business index Au 2000年1月を1としたIndex
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
2000年
2001年
2002年
2003年
2004年
2005年
2006年
2007年
2008年
2009年
2010年
2011年
2012年
2013年
2014年
指数売 指数買Sales Buy-Back
⑤
⑧
⑥
⑦
8/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
Key word in Japan Retail market
Gold /yen price
How to hedge asset in JPY
Long term holding
Personal Pension
Heritage
Customer education
9/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
TANAKA Precious Metals Saving account
1980: Launched Gold Accumulation Plan (GAP)
1984: Launched Platinum Accumulation Plan (PAP)
2013: Launched Silver Accumulation Plan (SAP)
〔GAP〕
・Monthly average buying ,Min. amount: 3000yen($30)
・Allocated account
・Also spot buying available
10/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
TANAKA Retail items
Physical bullion and coins
Jewellery
11/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
Works of art 12/13
Copyright ©TANAKA KIKINZOKU KOGYO K.K. All Rights Reserved.
Thank you very much
13/13