-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CuXCjbFE0vM+PU6oZXt55IpkVOQKSVmDBwu3BiUd9oPW0XkMO8IybHD9xEKhAf35 54EALMhLcHYgaWZG50aiZA== 0001068238-99-000068.txt : 19990416 0001068238-99-000068.hdr.sgml : 19990416 ACCESSION NUMBER: 0001068238-99-000068 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990415 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AVIATION SALES CO CENTRAL INDEX KEY: 0001012159 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084] IRS NUMBER: 650665658 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-47239 FILM NUMBER: 99594197 BUSINESS ADDRESS: STREET 1: 6905 NW 25TH ST CITY: MIAMI STATE: FL ZIP: 33122 BUSINESS PHONE: 3055924055 MAIL ADDRESS: STREET 1: 6905 NW 25TH ST STREET 2: 6905 N W 25TH STREET CITY: MIAMI STATE: FL ZIP: 33122 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOMEN CORP CENTRAL INDEX KEY: 0000932487 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 14-27 AKASAKA 2 CHOME MINATO KU CITY: TOKYO STATE: MO SC 13D 1 SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* AVIATION SALES COMPANY - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 053672 10 1 - -------------------------------------------------------------------------------- (CUSIP Number) John A. Maraia Corporate Counsel Legal Department Tomen America Inc. 1285 Avenue of The Americas New York, New York 10019 (212) 397-5734 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 5, 1999 -------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. (Continued on following pages) - --------------------------- * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect for the subject class of securities and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the act (however, see the Notes). CUSIP NO. SCHEDULE 053672 10 1 13D - ------------------------ ----------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Tomen America Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) |_| (B) |_| - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS |_| REQUIRED PURSUANT TO ITEM 2(d) or 2(e) - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- | | NUMBER OF SHARES | 7. | SOLE VOTING POWER 0 | | OWNED | | | | BY EACH REPORTING | | | | PERSON WITH | | - ------------------------------------------------------------------------------- | | | 8. | SHARED VOTING POWER 630,500 | | See Item 5. - ------------------------------------------------------------------------------- | | | 9. | SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- | | | 10.| SHARED DISPOSITIVE POWER 630,500 | | See Item 5. - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 630,500 - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 5.0% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------- CUSIP NO. SCHEDULE 053672 10 1 13D - ------------------------ ----------------------- - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON Tomen Corporation S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) |_| (B) |_| - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS |_| REQUIRED PURSUANT TO ITEM 2(d) or 2(e) - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Japan - ------------------------------------------------------------------------------- | | NUMBER OF SHARES | 7. | SOLE VOTING POWER 0 | | OWNED | | | | BY EACH REPORTING | | | | PERSON WITH | | - ------------------------------------------------------------------------------- | | | 8. | SHARED VOTING POWER 640,500 | | See Item 5. - ------------------------------------------------------------------------------- | | | 9. | SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- | | | 10.| SHARED DISPOSITIVE POWER 640,500 | | See Item 5. - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 640,500 - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 5.1% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------- Tomen Corporation hereby amends the single joint statement on Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on July 3, 1996, amended and restated in Amendment No. 1 filed with the SEC on August 7, 1996, amended and restated in Amendment No. 2 filed with the SEC on July 31, 1997, amended and restated in Amendment No. 3 filed with the SEC on March 13, 1998 and amended and restated in Amendment No. 4 with respect to Japan Fleet Service (Delaware) Inc., Japan Fleet Service (Europe) B.V. and Japan Fleet Service (Singapore) Ptd. Ltd. on February 26, 1999, with respect to the shares of Common Stock of Aviation Sales Company as follows: Item 2. Identity and Background (a, b, c and f) This Statement is being filed by (i) Tomen America Inc., a Delaware corporation ("Tomen America"), the principal business of which is a general trading company (sogo shosha) involved in domestic and foreign trading of a wide range of products, including foodstuffs, apparel, housing, industrial plant, tankers, aircraft and minerals and (ii) Tomen Corporation, a corporation organized under the laws of Japan ("Tomen"), the principal business of which is a general trading company (sogo shosha) involved in domestic and foreign trading of a wide range of products, including foodstuffs, apparel, housing, industrial plant, tankers, aircraft and minerals. The principal office of Tomen America is 1285 Avenue of the Americas, New York, New York 10019. The principal office of Tomen is 14-27, Akasaka 2-Chome, Minato-Ku, Tokyo, Japan. Tomen America is a wholly-owned subsidiary of Tomen. Exhibit 1 hereto sets forth the name, principal business, address and citizenship of each of the executive officers and directors of Tomen America and Tomen, and is incorporated herein by reference. Tomen America and Tomen are referred to herein individually as a "Reporting Person" and collectively as the "Reporting Persons." (d and e) During the last five years, none of Tomen America or Tomen, or any of the persons listed on Exhibit 1 has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities law or finding any violation with respect to such laws. Item 5. Interest in Securities of Issuer (a) Tomen America may be deemed to be the beneficial owner of 630,500 Shares or 5.0% of the outstanding Shares (based on the Company's Form 10-K for the year ended December 31, 1998). Tomen Corporation through its wholly-owned subsidiary, Tomen America, and through its employment of Kazutami Okui, a former director of the Company, who owns 10,000 stock options of the Company which are immediately exercisable at an exercise price of $19.00 per share (the "Okui Options"), may be deemed to be the beneficial owner of 640,500 shares or 5.1% of the outstanding Shares. To the knowledge of Tomen America and Tomen, none of the persons described on Exhibit 1 owns any of the Company's Shares except Kazutami Okui, a former director of the Company, who owns the Okui Options. (b) Tomen, by virtue of its direct ownership of all of the stock of Tomen America may be deemed to share with Tomen America the power to vote or direct the vote and the power to dispose or direct the disposition of the Shares owned by Tomen America. Tomen, through its employment of Kazutami Okui, a former director of the Company and the owner of the Okui Opions, may be deemed to share the power to vote or direct the vote and the power to dispose or direct the disposition of the Okui Options with Mr. Okui. (c) Prior to January 1999, TM Aviation (Japan) Inc. ("TM Japan") and TM Aviation (USA) Inc. ("TM USA") owned 405,350 and 225,150 Shares, respectively. Each of TM Japan and TM USA were wholly-owned subsidiaries of Tomen. On January 4 1999, Tomen contributed all of the Common Stock of TM Japan and TM USA to Tomen America. On February 22, 1999, the Board of Directors of each of TM Japan and TM USA and the sole stockholder of each of TM Japan and TM USA, Tomen America, approved the liquidation of each of TM Japan and TM USA, respectively. The 405,350 and 225,150 Shares were distributed to Tomen America. On March 5, 1999, Tomen America sold 580,500 Shares at $40.9375 per share and 50,000 Shares at $42.50 per share. (d) Not applicable. (e) On March 5, 1999, each of Tomen America and Tomen ceased to be the beneficial owner of more than five percent of the outstanding Shares. Item 7. Material to be Filed as Exhibits The following exhibits are incorporated herein by reference: 1. Executive Officers and Directors of Tomen America Inc. and Tomen Corporation who are not Reporting Persons. 8. Joint Filing Agreement between Tomen America and Tomen Corporation. After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned hereby certify that the information set forth in this statement is true, complete and correct. Dated: April 1, 1999 TOMEN AMERICA INC. By: /s/ Hideki Mushika --------------------------------------- Name: Hideki Mushika Title: Senior Vice President TOMEN CORPORATION By: /s/ Kazutami Okui --------------------------------------- Name: Kazutami Okui Title: EXHIBIT INDEX Exhibit Sequentially Numbered Page 1. Executive Officers and Directors of Tomen America Inc. and Tomen Corporation, who are not Reporting Persons. 8. Joint Filing Agreement between Tomen America Inc. and Tomen Corporation. EXHIBIT 1 Executive Officers and Directors of Tomen America Inc. and Tomen Corporation Who Are Not Reporting Persons The following sets forth certain information about executive officers and directors of Tomen America Inc. and Tomen Corporation who are not Reporting Persons. Except for Robert B. Cohen, each of such persons is a citizen of Japan. Present Principal Occupation or Employment; Name, Principal Business, and Address in Name and Residence or Which Such Employment is Conducted (if Business Address Different from Business Address of Employer) - --------------------------------- -------------------------------------------- Akihiro Tsuji President 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Takeshi Emi Executive Vice President 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Yoshiaki Ueki Executive Vice President 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Satoshi Miwa Senior Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Noriyuki Matsunobu Senior Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Susumu Matsui Senior Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Yuzo Takeshige Senior Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Kichibe Ozaki Senior Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Morihiko Tashiro Senior Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Hajime Kawamura Managing Director 1285 Avenue of the Americas Tomen Corporation New York, New York 10019 (business) Hiroshi Uemura Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Kazuhiko Otsuka Managing Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Kouji Taira Director 14-27, Akasaka 2-chome Tomen Corporation Minato-ku Tokyo, Japan (business) Michio Ishidate President and Chief Executive 1285 Avenue of the Americas Officer New York, New York 10019 Tomen America Inc. Robert B. Cohen Executive Vice President and 1285 Avenue of the Americas Director New York, New York 10019 Tomen America Inc. Kimikazu Ushizaki Executive Vice President 100 First Street Tomen America Inc. San Francisco, CA Shuzo Oshima Senior Vice President 1285 Avenue of the Americas Tomen America Inc. New York, New York 10019 Hideki Mushika Senior Vice President 1285 Avenue of the Americas Tomen America Inc. New York, New York 10019 Exhibit 8 JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of the Schedule 13D to which this Agreement is an exhibit (and any further amendment filed by them) with respect to the shares of Common Stock, $.001 par value, of Aviation Sales Company. This agreement may be executed simultaneously in any number of counterparts, all of which together shall constitute one and the same instrument. Dated: April 1, 1999 TOMEN AMERICA INC. By: /s/ Hideki Mushika ---------------------------------------- Name: Hideki Mushika Title: Senior Vice President TOMEN CORPORATION By: /s/ Kazutami Okui --------------------------------------- Name: Kazutami Okui Title: -----END PRIVACY-ENHANCED MESSAGE-----