Extraordinary Genius

Sony only rented an office in Mundu, set up an office, didn't open a branch, and they attacked the Huaxia market all over, waiting 96 years later.

When I arrived at Sony's office, Feng Yu was somewhat disappointed, which was completely unlike that of the world's top corporations, or even as spacious as that of Iceland Machinery.

This is the idea that different European countries, such as the US, will get a big office, spacious and comfortable, while Asian companies, such as island countries, use as much space as possible. After all, the first two years of island countries are the highest house prices in the world, and the high house prices of future generations of Huaxia are completely incomparable with the previous two years of island countries.

At this point, Sony also minimizes office expenses, and even their annual record of recruiting new employees will be suspended, and they can only guarantee no layoffs this year.

There is an interesting provision for large island companies, some of which resemble the reformed state-owned enterprises of our future generations. After more than a decade of the first contract, the second contract is a lifelong one, until you retire. As long as there are no serious mistakes in your work, you will never be fired.

And there's a tradition in companies like them that when you get married, the wages of male employees will generally almost double, because the reason is to support your family, so that your wife can take care of the family full-time, and if you still work poorly under the pretext of family, they can fire you.

What do they do if they don't have a good economy? The first is the dismissal of “casual workers", employees who are neither under permanent contracts, with a high number of foreign employees and a high number of foreign employees, Egyptian. Secondly, AIWA dismissed its employees in '87, using this technique, more than 3,000 people, and turned into more than 1,000 people, by giving a well-publicized speech explaining the company's dilemma and asking employees to resign voluntarily.

Feng Yu and others sat down and Dahe Noriyu sent tea and said, “Mr. Feng, before we talk, I want to hear how much you know about AIWA. ”

Feng Yu gave him a rough overview of what he knew, and of course did not say that AIWA would achieve extraordinary results in two years. Just to say that AIWA has a history of scenery, he hopes to take AIWA out of its predicament and share a better future.

Daga Noriyu frowned, led? Does this Warsaw want to be the president of AIWA? But under their contract with AIWA, Sony, although more than 50% of the equity, was only a participant. The president of AIWA was still Liu Shengzhao, and he had the right to operate independently.

Upon hearing Dahe Noriyu's explanation, Feng Yu deliberately frowned: “Is that so? Aren't you the major shareholders of AIWA? ”

“No, we only have a little over sixty-first of the shares, not absolute holdings, but AIWA's president is capable, so Mr. Feng doesn't have to worry about losing money when he buys it. ”

“Really? How do I know that AIWA was led down the hill by him, and now it looks like billions of yen are still owed?” Feng Yu asked back.

Dahe Noriyu was a little embarrassed. I didn't expect this Feng Yu to know. Yes, AIWA operations have improved somewhat, but they are still highly indebted, and one company's debt is several times the company's market value, which is incredibly hard to believe, and they can survive.

If it weren't for market considerations, Sony would have dropped capital. But Liu Shengzhao initially threatened him. If Sony doesn't give money, then they will seek money from other companies. The agreement between them on a joint monopoly market will naturally be nullified!

“Mr. Feng, there are two other banks that hold about six percent of the shares in AIWA, which, together with our shares, can reach exactly sixty-seven percent, and you can take full control of the company, and then you can do whatever you want to do. ”

Feng Yu showed satisfaction and continued to ask: "So Mr. Daga agreed to sell me the shares of AIWA? ”

Dahe Noriyu said something embarrassing: “Before we talk about this, I want to talk to Mr. Feng about something else. Since Mr. Feng likes to use walkie-talkie listening, what company do you think the best walkie-talkie listening in the world is produced by? Do you guys have any good walkers in Warsaw? ”

I'm so embarrassed. You want me to compliment you?

In previous life, many companies were convinced that their brands were the best, even when selling their brands. It was only temporary. If the other party did not exaggerate, he would not even * * * * like Volvo, which was the “ILOVEYOU” that agreed to sell to Jilly.

Feng Yu didn't expect the same from the islanders, but it is now recognized that the best sound quality carry-on is AIWA, followed by Sony.

Feng Yu said in disgust: "Sony number one, AIWA may be able to top three. As for our country, there is currently little good quality. ”

Since Huaxia was involved in anti-spy ~ espionage, at first the recorder was just a player, and there was no recording button at all. Now the conditions are relaxed, but listening to this kind of small device can still not work with the sound recording function. As for the sound recording pen, it is a professional tool only available in the state ~ security department!

“Mr. Feng, I didn't mean to belittle you Warsaw, just that Sony and AIWA are really the best carry-on brands in the world at the moment, and we have an agreement with AIWA that combines the market, benign competition, and excludes brands like the underdog from the carry-on market. So we hope to renew this contract with you before we sell your shares in AIWA! ”

Renew Alliance Agreement? Feng Yule can't help it. If Sony did use the money to rob the market, though Sony would have lost more, AIWA would have been totally screwed.

Feng Yu's money is still very different from the giant Sony. Can Sony compete with many large electronics companies, such as Xiaoxia and Sharp, and take the upper hand without seeing Sony join forces with AIWA?

At present, the carry-on market is three cents wide, with Sony boss accounting for about 40%, AIWA penis accounting for about 30%, and other companies accounting for 30%.

“Brand alliance, this, okay, I can promise. Mr. Oga, do you have any further questions? Can we talk about the purchase price?” Feng Yu pretended to hesitate and replied with pleasure. Just kidding, not accepting is stupid.

After two years, it's your turn to regret Sony because the Walkman market is no longer three cents away, but the AIWA family is unique and has more than 50% of the market share!

“Twenty million dollars, I can convince shareholders to sell you all of Sony's AIWA holdings. ”

Twenty million dollars? Shit, I really don't know the market value of AIWA. Feng Yu can accept premiums, but will never accept premiums more than triple!

“Mr. Oga, AIWA's current debt is not low. If you take it out on me, I can accept $20 million. AIWA has a market value of less than 1.2 billion yen. How did you figure out 20 million dollars? If the debt is on me, then $5 million is the highest price I can afford! ”

In proportion to the shares, Sony's debt to AIWA exceeds $15 million, while the shares are worth nearly $6 million, and Feng Yu's price is quite harsh.

Dahe Noriyu laughed embarrassingly: “Mr. Feng, we can never afford debt and our company is under a lot of financial pressure, but $5 million is too low for us to accept in any case below the share price of AIWA. How about $10 million, I can convince the shareholders to sign with you as soon as possible. ”

“Mr. Oga, can you really promise to convince the shareholders? ”

“Promise is fine.” Dahe Fei Ambition, you have no idea how much shareholders want to get rid of these bad assets. When I proposed to acquire and refinance AIWA, I lost money for years and were scolded by those shareholders.

“I'll add a little, six million dollars. ”

One of them really wanted to buy one, and the other one wanted to sell it a long time ago, and the conversation went very well. In less than an hour, the final price was set at $7.2 million.

Premium is over 20%, but compared to AIWA's fierce profitability in two years, Feng Yu made a lot of money!