Chapter 227: The Premium Wants (Asking for Tickets)
Sony only rented an office in the magic capital, set up an office, and did not open a branch, and they will have to wait for 96 years to attack the Chinese market in an all-round way.
When he arrived at Sony's office, Feng Yu was a little disappointed, this was not at all like the office of the world's top large companies, and it was not even as spacious as the office of Bingcheng Machinery Company.
This is the concept of difference, European countries such as the United States, will get a large office, spacious, comfortable, and Asian companies such as island countries, are the use of space as much as possible, after all, the first two years of the island country is the world's highest housing prices, the high housing prices in China in the future, and the island countries in the first two years are completely incomparable.
At another time, Sony is also trying to reduce office expenses, and even their record of recruiting new employees every year will be suspended, and they can only guarantee that there will be no layoffs this year.
There is a very interesting provision for large companies in island countries, which is similar to our state-owned enterprises after the restructuring of later generations, that is, after the first contract is more than ten years, the second contract is for life, until you retire. As long as you don't make mistakes in your work, then you will never be fired.
And there is also a tradition in companies like theirs, that is, after marriage, the salary of male employees will generally rise by nearly double, on the grounds that you can support your family, so that your wife can take care of the family at home full-time, then if you still use the family as an excuse to not work well, they can fire you.
What will they do if the economy is bad? The first is the dismissal of "temporary workers", which are employees who are not on a lifetime contract, and most of them are foreign employees, and most of the foreign employees are Chinese. Second, make a passionate speech, explain the company's predicament, ask employees to resign voluntarily, they will also pay a reasonable compensation, AIWA dismissed employees in 87, using this trick, more than 3,000 people, became more than 1,000 people.
Feng Yu and the others sat down, and Norio Ohga asked people to bring tea. Then he spoke: "Mr. Feng, before talking, I want to hear how much you know about AIWA. ”
Feng Yu roughly said what he knew, of course, he didn't say that AIWA would achieve extraordinary achievements in two years. Let's just say that AIWA has a beautiful history. He hopes to lead AIWA out of the predicament and share a bright future.
Norio Ohga frowned, leading? Could it be that this Chinese man wants to be the president of AIWA? However, according to their contract with AIWA, although Sony has more than 50% of the shares, it only participates in the shares. The president of AIWA is still Yanagi Yuji, and he has the right to operate independently~.
Hearing Ohga Norio's explanation, Feng Yu deliberately frowned: "Is this so?" Aren't you the majority shareholder of AIWA? ”
"No, we only hold a little more than 61/half of the shares, which is not an absolute control, but the president of AIWA is very capable, so Mr. Feng doesn't have to worry about losing money after buying it."
"Really? How did I hear that it was under his leadership that AIWA gradually went downhill, and now it seems that it still has billions of yen in debt? Feng Yu asked rhetorically.
He was a little embarrassed, but he didn't expect this Feng Yu to know. That's right. Although AIWA's business has improved a bit, it still has high debts, and it is hard to believe that a company's liabilities are several times the company's market value, and it is really hard to believe that they can weather the difficulties.
If it weren't for market considerations, Sony would have divested long ago. But Liu Shengzhao threatened him at the beginning that if Sony did not inject capital, then they would find Songxia and other companies to inject capital, and the agreement between them to jointly monopolize the market would naturally be null and void!
"Mr. Feng. There are also two banks that hold about 6% of AIWA's shares, which together with our shares can reach exactly 67%. You can take full control of the company, and you can run it however you want. ”
Feng Yu showed a satisfied look at this time, and continued to ask, "Then Mr. Dahe agreed to sell the shares of AIWA to me?" ”
Norio Ohga said with some embarrassment: "Before talking about this, I want to talk to Mr. Feng about another thing. Since Mr. Feng likes to use Walkman, what company do you think produces the best Walkman in the world at present? Do you have any good walkmans in Huaxia? ”
I rub. So shameless, is this asking me to praise you?
In my previous life, I heard that many companies even sell their brands, they firmly believe that their brands are the best, but they are not going well for the time being, and if the other party does not boast, he will not even sell, such as Volvo, which agreed to sell to Geely with a sentence of "ILOVEYOU" at the beginning.
Feng Yu didn't expect that the islanders would be like this, but in fact, the Walkman with the best sound quality is AIWA, followed by Sony.
Feng Yu said very disobediently: "Sony is the first, and AIWA may be in the top three." As for our country, there is nothing of good quality at the moment. ”
Because Huaxia involves anti-room ~ espionage, the tape recorder was just a playback at the beginning, and there was no recording button at all. Now the conditions are relaxed, but the Walkman is a small device, still can not be with the recording function, as for the voice recorder, it is a professional tool that can only be had by the national ~ security and other departments!
"Mr. Feng, I don't mean to belittle you Huaxia, but at present, Sony and AIWA are indeed the best Walkman brands in the world, and we Sony and AIWA have an agreement to unite the market and compete benignly, and exclude brands such as Songxia from the Walkman market. So before we sell you AIWA shares, we hope to renew this contract with you! ”
Renewing an alliance agreement? Feng Yu couldn't be happy. If Sony really uses money to grab the market, although Sony will lose more, AIWA will be completely finished.
Feng Yu's current funds are still far behind the giant Sony. Didn't you see that Sony can only unite with AIWA, and it can compete with many large electronics companies such as Songxia and Sharp, and gain the upper hand?
At present, the Walkman market is divided into three parts, with Sony accounting for about 40% of the share, AIWA being the second, accounting for about 30%, and other companies accounting for 30%.
"Brand Alliance, this, well, I can promise. Does Mr. Oga have any other questions? Can we talk about the purchase price? Feng Yu pretended to hesitate for a moment, and then readily agreed. Just kidding, it's a stupid × not to agree.
After two years, it's time for Sony to regret it, because the Walkman market is no longer a three-point world, but AIWA is dominant, occupying more than half of the market share!
"For $20 million, I can convince shareholders to sell you all of Sony's shares in AIWA."
Two million dollars? Rub, I really don't know the market value of AIWA. Feng Yu can accept the premium, but he will definitely not accept the premium more than three times!
"Mr. Oga, AIWA's current debt is not low, if you remove the debt to me, I can accept 20 million US dollars. AIWA has a market capitalization of less than 1.2 billion yen, how did you calculate 20 million dollars? If the debt is also counted on me, then five million dollars is the highest price I can offer! ”
According to the proportion of shares, Sony's AIWA debt is more than 15 million US dollars, and the shares are worth nearly 6 million US dollars.
He Norio smiled awkwardly: "Mr. Feng, we absolutely can't afford the debt, and our company's financial pressure is also very high, but five million dollars is too low, and we can't accept it under any circumstances if it is lower than the stock price of AIWA." How about 10 million dollars, I can convince the shareholders to sign a contract with you as soon as possible. ”
"Mr. Oga, can you really guarantee to convince the shareholders?"
"No problem guaranteed." Dahedian was ambitious, you don't know how much shareholders want to get rid of these non-performing assets, when I proposed to buy and inject AIWA twice, I lost money year after year, and was scolded by those shareholders.
"Then I'll add a little more, six million dollars."
One of the two really wanted to buy it, and the other wanted to sell it for a long time, and the conversation was very smooth. In less than an hour, the final price was determined, which was $7.2 million.
The premium is more than 20 percent, but compared with AIWA's ferocious earning ability in the past two years, Feng Yu has made a lot of money! (To be continued.) )
PS: The third update is delivered, thank you for the reward of Mr. Liuhua and the Emperor of Ghost Martial Arts, and thank you for the monthly pass that has been pirated for 8 years and looks genuine. There is a book shortage of book friends, you can take a look at Mr. Liuhua's works, the old author in our group, and his books have always been chased by the fourth