Chapter 227

Sony only rented an office in Modu, set up an office, and did not open a branch. They will fully attack the Chinese market, and they will have to wait until 1996.

When he arrived at Sony's office, Feng Yu was a little disappointed. It was not like the office of the world's top companies at all, and it was not even as spacious as the office of Bingcheng Machinery Company.

This is the difference in concept. European countries such as the United States will have a large office that is spacious and comfortable, while Asian companies such as the island country will use the space as much as possible. After all, the island country was the country with the highest housing prices in the world in the past two years. The high housing prices are completely incomparable with the island countries of the previous two years.

Another one is that Sony is also trying to reduce office expenses at this time, and even their annual record of recruiting new employees will be suspended. They can only guarantee that they will not lay off employees this year.

There is a very interesting regulation in a big company in the island country, which is somewhat similar to our state-owned enterprises after the restructuring. After the first contract exceeds ten years, the second contract is for life, until you retire. As long as you do not make serious mistakes in your work, you will never be fired.

Moreover, there is a tradition in such companies. After marriage, the salary of male employees will generally increase by nearly double. The reason is to support your family so that your wife can take care of the family full-time at home. work and they can fire you.

What will they do when the economy is bad? The first one is to dismiss "temporary workers", which are not employees with lifetime contracts. Most of them are foreign employees, and most of the foreign employees are Chinese. Second, give a speech full of emotion, explaining the company's plight, asking employees to resign voluntarily, and they will also issue a reasonable compensation. They dismissed employees in 1987. This method was used, and more than 3,000 people , turned into a thousand people.

Feng Yu and the others sat down, and Dahe Dianxiong asked for tea. Then he said, "Mr. Feng, before we talk, I would like to hear how much you know about China."

Feng Yu roughly told what he knew, but of course he didn't say that he would achieve extraordinary achievements in two years. It's just a glorious history. He hopes to lead them out of the predicament and share a bright future.

Norio Oga frowned, leading? Does this Huaxia want to be the president? However, according to their contract with Sony, although Sony's equity exceeds 50%, it is only a shareholding. The company's president is Hajime Yagyu, who has the right to operate independently.

Hearing Norio Ohe's explanation, Feng Yu frowned deliberately: "Is that so? Aren't you the majority shareholder of the company?"

"No, we only hold a little more than 61/5 of the shares. It can't be called an absolute holding, but the president 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 it gradually went downhill, and now it seems that there are billions of yen in debt?" Feng Yu asked back.

Dahe Nianxiong was a little embarrassed, but he didn't expect Feng Yu to know this too. That's right. Although the business has improved a bit, there is still a high amount of debt. The debt of a company is several times the market value of the company. It is really hard to believe that they can tide over the difficulties.

If it weren't for market considerations, Sony would have withdrawn its capital long ago. But Liu Shengzhao threatened him at the beginning that if Sony did not inject capital, they would find Songxia and other companies to inject capital, and the agreement between them to jointly monopolize the market would naturally be voided!

"Mr. Feng. There are also two banks that hold about 6% of the shares. When combined with our shares, it can reach 67%. You can fully control this company,

When the time comes, you can manage your business however you want. "

Only then did Feng Yu show a satisfied look, and continued to ask: "Then Mr. Dahe agreed to sell the shares to me?"

Norio Ohga said with some embarrassment: "Before talking about this, I want to talk about another matter with Mr. Feng. Since Mr. Feng likes to use Walkmans, what company do you think is the best Walkman in the world at present?" ? Do you Huaxia have any good Walkmans?"

I wipe. You are so shameless, do you want me to praise you?

In my previous life, I heard that even when many companies sell their brands, they firmly believe that their brands are the best. Agreed to sell to Geely.

Feng Yu didn't expect that the islanders were also like this, but in fact, it is currently recognized that the Walkman with the best sound quality is followed by Sony.

Feng Yu said against his will: "Sony is number one, maybe it can be ranked in the top three. As for our country, there is currently no good quality."

Because Huaxia was involved in anti-spies, the recorder was just a player at first, and there was no record button at all. Now the conditions are relaxed, but small devices such as walkmans still cannot be used with the recording function. As for the recording pen, it is a professional tool that only the national security and other departments can have!

"Mr. Feng, I didn't intend to belittle you Huaxia, it's just that Sony and Sony are indeed the best Walkman brands in the world. We have an agreement with Sony and us to combine markets and healthy competition to exclude Songxia and other brands from the Walkman market. So before we sell our shares to you, we hope to renew this contract with you!"

Renewing the alliance agreement? Feng Yu couldn't be happier. If Sony really uses money to seize the market, although Sony will lose more, it will be completely finished.

There is still a big gap between Feng Yu's current capital and the giant Sony. I didn't see that Sony could compete with many large electronics companies such as Songxia and Sharp and gain the upper hand just by cooperating with United.

At present, the market for Walkmans is divided into three parts, with Sony taking about 40% of the market, Sony's second, about 30%, and other companies taking the other 30%.

"Brand alliance, this, well, I can agree. Do you have any other questions, Mr. Dahe? Can we talk about the purchase price?" Feng Yu pretended to hesitate, and readily agreed. Just kidding, it would be silly not to agree.

After two years, it's time for Sony to regret it, because the Walkman market is no longer a third of the world, but a single player, occupying more than 50% of the market share!

"For 20 million dollars, I can persuade the shareholders to sell all the shares held by Sony to you."

Twenty million dollars? Wow, it's really a market value I don't know. Feng Yu can accept the premium, but he will never accept more than three times the premium!

"Mr. Dahe, the current debt is not low. If you get rid of the debt, I can accept 20 million US dollars. The market value of the company is less than 1.2 billion yen. How did you calculate 20 million US dollars? If The debt is also counted on me, so five million dollars is the highest price I can offer!"

According to the proportion of shares, Sony's debts are more than 15 million US dollars, and the shares are worth nearly 6 million US dollars, and Feng Yu is also ruthless in bargaining.

Dahe Norio smiled awkwardly: "Mr. Feng, we absolutely cannot bear the debt, and our company's financial pressure is also great, but five million dollars is too low, and we cannot accept a price lower than the company's share price. One How about tens of millions of dollars, I can convince the shareholders to sign a contract with you as quickly as possible."

"Mr. Dahe, can you really guarantee to convince shareholders?"

"I'm sure there's no problem." Dahe Dianxiong thought, you have no idea how much the shareholders want to get rid of these bad assets. At the beginning, I proposed to acquire and make a second capital injection, but I lost money year after year, and I was scolded by those shareholders.

"Then I'll add a little more, six million dollars."

One of them really wanted to buy it, the other wanted to sell it a long time ago, and the talks went very smoothly. In less than an hour, the final price was determined, which was US$7.2 million.

The premium is more than 20%, but compared with the ferocious earning power of the past two years, Feng Yu has made a lot of money! To be continued.

p: The third one has been delivered, thanks to Mr. Liuhua and Emperor Guiwu for their rewards, and thanks for watching the pirated version for 8 years and watching the genuine one. If you have a book friend with a shortage of books, you can read the works of Mr. Liuhua, an old author in our group, and his books are always read by the fourth child