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Fuku-Bonsai Inc.

Fuku-Bonsai is recovering from a $30+ million loss in 1989, recovered, reinvented, and is seeking refinancing loans or equity investment.

  • Stage Full Product Ready
  • Industry Other
  • Location Kurtistown, HI, USA
  • Currency USD
  • Founded January 1985
  • Employees 5
  • Website fukubonsai.com

Company Summary

Fuku-Bonsai has roots in a Fukumoto family hobby since 1962; the first Hawaii export certified nursery in 1973, a corporation in 1985 to build an international bonsai center in Keauhou-Kona. Unfortunatedly in 1989 we sprayed defective Benlate contaminated with weed killers and lost over $30 million forcing a 23-year battle for survival. We reinvented, rebuilt and now need refinancing assistance as private equity investment or private loans.

Team

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    David Weyland Fukumoto
    President & founder
    Unconfirmed

    Born 1940 in Honolulu. Roosevelt High School. UH-Manoa 3 semesters engineering; Field superintendent Tom Fujikawa Painting Co. Formed Fuku-Bonsai in 1973 which prospered was always sold out. Evolved into corporation 1/1/1985 to build the Fuku-Bonsai Center in Kona. Sprayed defective Benlate and forced into a 23-year battle for survival. We are recovering but now need refinancing private equity investment or loans.

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    Myrtle Yukie Fukumoto
    Vice-president & founder
    Unconfirmed

    Born 1940, Olaa, Hawaii. Roosevelt High 1958, Honolulu Business College, clerk-steno Fort Shafter. Since 1962, married and opened a backyard nursery and in assisting David, we pioneered the new innovative field of houseplant bonsai that is the most successful gift bonsai for anyone, anywhere who can grow houseplants. We have a national reputation and ship to all parts of the US.

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    Michael S. Imaino
    FB Sr. Plant Manager & Director
    Unconfirmed

    Born 1958 Hilo, Hawaii. Hilo High. Joined Fuku-Bonsai 1983 at entry level and steadily acquired nursery, construction, bonsai, and leadership skills. He is also president of our sister 501(3)(c) Mid-Pacific Bonsai Foundation which co-sponsores the Fuku-Bonsai Cultural Center and Hawaii State Bonsai Repository.

Previous Investors

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    David & Myrtle Fukumoto has controlling interest
    Unconfirmed
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    Mid-Pacific Bonsai Foundation next largest stockholder
    Unconfirmed
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    Total over 200 mostly smaller investors
    Unconfirmed