HTML Document View

Full title: Post-Confirmation Report for the period January 1, 2021 - March 31, 2021 Filed by MUJI U.S.A. Limited. (Meloro, Dennis) (Entered: 04/30/2021)

Document posted on Apr 29, 2021 in the bankruptcy, 4 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Collection of Accounts Receivable: See Exhibit (Qtrly Cash Flow)Proceeds from Litigation (settlement or otherwise): See Exhibit (Qtrly Cash Flow)Sale of Debtor's Assets: See Exhibit (Qtrly Cash Flow)Capital Infusion pursuant to the Plan: See Exhibit (Qtrly Cash Flow)Total of cash received: See Exhibit (Qtrly Cash Flow) al of cash available: See Exhibit (Qtrly Cash Flow) s all disbursements or payments (including payments made under the confirmed plan) made by the DebtorDisbursements made under the plan, excluding the administrativeclaims of bankruptcy professionals: See Exhibit (Qtrly Cash Flow)Disbursements made pursuant to the administrative claims of bankruptcy professionals: See Exhibit (Qtrly Cash Flow) All other disbursements made in the ordinary course: See Exhibit (Qtrly Cash Flow)al Disbursements: See Exhibit (Qtrly Cash Flow)

List of Tables

Document Contents

POST-CONFIRMATION QUARTERLY SUMMARY REPORT This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor. tor's Name: MUJI U.S.A. Limited Bank: Multiple (see cash rec)krupcy Number: 20-11805 (MFW) Account Number: Multiple (see cash rec)e of Confrimation: December 21, 2020 Account Type: Multiple (see cash rec)orting Period (month/year): Jan 2021 - Mar 2021 Beginning Cash Balance: See Exhibit (Qtrly Cash Flow) eceipts received by the debtor: Cash Sales: See Exhibit (Qtrly Cash Flow) Collection of Accounts Receivable: See Exhibit (Qtrly Cash Flow)Proceeds from Litigation (settlement or otherwise): See Exhibit (Qtrly Cash Flow)Sale of Debtor's Assets: See Exhibit (Qtrly Cash Flow) Capital Infusion pursuant to the Plan: See Exhibit (Qtrly Cash Flow)Total of cash received: See Exhibit (Qtrly Cash Flow) al of cash available: See Exhibit (Qtrly Cash Flow) s all disbursements or payments (including payments made under the confirmed plan) made by the DebtorDisbursements made under the plan, excluding the administrativeclaims of bankruptcy professionals: See Exhibit (Qtrly Cash Flow)Disbursements made pursuant to the administrative claims of bankruptcy professionals: See Exhibit (Qtrly Cash Flow) All other disbursements made in the ordinary course: See Exhibit (Qtrly Cash Flow)al Disbursements: See Exhibit (Qtrly Cash Flow) ing Cash Balance See Exhibit (Qtrly Cash Flow) suant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correcte best of my knowledge and belief. / President /30/2021 e Name / Title

1

D 000's) ast Month # 1 2 3 l / Forecast >> Act Act Act / Month Ending 01/31/21 02/28/21 03/31/21 QTD ipts Retail & Web Receipts 2,420 2,129 2,779 7,328 Sales Tax 129 103 134 366 Sales Tax - Payment (149) (112) (107) (368) Carriage Revenue 107 86 111 304 Other Receipts 117 0 0 117 tal Receipts 2,625 2,206 2,917 7,748 ting Disbursements Total Real Estate Costs (786) (802) (715) (2,303) Total Payroll and Fringe (758) (680) (755) (2,193) Other Operating Disbursements (1,550) (1,784) (1,358) (4,692)tal Operating Disbursements (3,094) (3,265) (2,828) (9,188) erating Cash Flow (469) (1,059) 88 (1,440) perating Disbursements Capex (33) (17) (28) (77) Cure Costs (45) (34) (34) (112) tal Non Operating Disbursements (78) (50) (62) (189) t Cash Flow - Pre Funding (547) (1,109) 27 (1,629) ity ginning Operating Cash 5,783 5,236 4,127 5,783 +/- Net Cash Flow - Pre Funding (547) (1,109) 27 (1,629) + Proceeds Multi Draw Credit Facility 0 0 0 0 +/- Other 0 0 0 0 ding Operating Cash - min $2.5m 5,236 4,127 4,154 4,154 ding Operating Cash 5,236 4,127 4,154 4,154 + Store Reserve 150 150 150 150 + Petty Cash 50 45 68 68 + Professional Fee Escrow 1,915 1,798 1,233 1,233 + GUC Escrow 4,000 4,000 4,000 4,000 + CITI LC Account 331 6 6 6 + Other 156 154 143 143 ta Ending Cash - Balance Sheet 11,839 10,280 9,753 9,753 mo: Total Disbursments 01/31/21 02/28/21 03/31/21 QTD les Tax - Payment (149) (112) (107) (368) tal Operating Disbursements (3,094) (3,265) (2,828) (9,188) tal Non Operating Disbursements (78) (50) (62) (189) fessional Fee Escrow Distributions (330) (117) (107) (553) tal (3,651) (3,544) (3,103) (10,298) T Fee 0.80% arterly Fee to be paid to the US Trustee - in whole dollars 82,388

2

alance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from postpetition obligations. 12/31/2020 1/31/2021 2/28/2021 3/31/2021 (2) Assets nt Assets & Deposits 12,627 11,839 10,280 9,753 unts Receivable - Trade 225 388 366 219 tory 11,960 11,181 11,649 11,101 aid 325 315 716 607 ther 1,420 1,505 1,590 1,677 Total Current Assets 26,556 25,227 24,601 23,357 Assets ible Fixed Assets 132 125 118 114 gible Assets 94 124 136 156 sits and other 1,878 1,862 2,762 2,718 Total Other Assets 2,105 2,111 3,017 2,988 Total Assets 28,661 27,338 27,618 26,345 Liabilities nt Liabilities -Petition Payables - 3rd Party 3,349 3,705 (1,830) (1,510) ted Party Payables - Subject to Compromise 9,512 10,042 13,802 14,329inancing 6,600 6,600 6,600 6,600 ted Party Short-Term Loan Payable - Subject to Compromise 22,988 22,988 22,988 22,988s Tax Payable 74 48 32 77 r Payables - Subject to Compromise 3,517 3,440 3,389 3,328 ued Expense - Subject to Compromise (1) 7,903 7,925 7,437 6,984r Current Liabilities - Subject to Compromise 133 138 131 128Total Current Liabilities 54,076 54,886 52,548 52,924 -Term Loan Payable - Subject to Compromise 40,000 40,000 40,000 40,000r Long-term Liabilities - Subject to Compromise 9,034 9,044 9,635 9,657Total Other Liabilities 49,034 49,044 49,635 49,657 Total Liabilties 103,109 103,930 102,183 102,582 Equity pital Reserve 30,549 30,549 30,549 30,549 tained Earnings (B/S) (100,142) (100,142) (100,142) (100,142)t Income (B/S) (4,855) (6,998) (4,971) (6,643) Total Equity (74,448) (76,591) (74,565) (76,237) Total Liabilities & Equity 28,661 27,338 27,618 26,345 Accrued expenses include pre-petition expenses that are subject to compromise as well as post-petition accruals that the debtor intends to pay in accordance with the DIP budget The Balance Sheet reflected above does not reflect the final adjustments and journal entries related to the exit from chapter 11.

3

Reconciling Items Last 4 Digits Ending: Bank Deposits In Outstanding Ending: Book Bank Account Name Other of Account # Balance Transit Checks/ACH Balance TIBANK, OPERATING 8167 4,083,486 4,083,486 TIBANK, CHECKING-SOHO 3836 10,051 10,051 TIBANK, CHECKING-NYT 1892 10,382 10,382 TIBANK, CHECKING-JFK(2) 5279 0 0 TIBANK, CHECKING-CHL 1168 10,077 10,077 TIBANK, CHECKING-SOMA(2) 8546 0 0 TIBANK, CHECKING-CSQ 8327 10,318 10,318 TIBANK, CHECKING-SAN JOSE(2) 8335 0 0 TIBANK, CHECKING-LA (2) 5441 0 0 TIBANK, CHECKING-SM(2) 3525 0 0 TIBANK, CHECKING-5thAVE 7611 10,231 10,231 TIBANK, CHECKING-STANFORD(2) 8805 0 0 TIBANK, CHECKING-NB 3016 10,139 10,139 TIBANK, CHECKING-SA (2) 1360 0 0 TIBANK, CHECKING-WBG 1379 10,570 10,570 TIBANK, CHECKING-59thST 8210 10,890 10,890 TIBANK, CHECKING-3RD (2) 3032 0 0 TIBANK, CHECKING-PTLD 3024 10,086 10,086 TIBANK, CHECKING-HY 0249 10,209 10,209 TIBANK, CHECKING-Online 3008 100,204 100,204 TIBANK, CHECKING-UTI 5097 4,000,000 4,000,000 TIBANK, CHECKING-PROF 5329 1,233,472 1,233,472 ELLS FARGO-CHECKING-SAMO 1999 72,160 72,160 NK OF AMERICA-CHECKING-NEWBU 0159 87,369 87,369 TIBANK, LC MONEY MKT 1144 5,568 5,568 MUFJ, CHECKING (2) 4791 0 0 l Bank Account Cash (1) 9,685,212 0 0 0 9,685,212 l Petty Cash 67,719 0 0 0 67,719 l Cash Per 03/31 Balance Sheet 9,752,931 0 0 0 9,752,931 Outstanding Check Details and Bank Statements available on request Account Closed

4