Riyu's Back File 2011

Aragaki Yui’s tears wetted Miyazaki’s shirt and made a large part of his back wet. The chill feeling not only caused Miyazaki’s skin to get goose bumps, but also made his heart more and more impatient. However, he could only suppress the helplessness in his heart and comfort the pregnant woman Yui Aragaki.

Knowing that after a while, Yui Aragaki sobbed and stopped her tears, but still crying from time to time, lying on Miyazaki Aosuke’s back and hugging him, it took a long time before she told her how young she had been. Small request.

"Jiejiang, you are going to be a father, so you call me father, OK? You think I have called your uncle!"

"………………………"

For Yui Aragaki's request, Miyazaki Aosuke's face was black.

### Chapter 57 Miyazaki Cangsuke’s New Plans ###

After a few people exchanged greetings, the formal meeting began.

"Since I'm talking about cooperation, I take the liberty to ask, does Miyazaki-san know our Kadokawa Group? Especially Kadokawa Film." After laughing, Tamura became serious, and asked first.

"Well, I understand, I have read the development materials of your group." After Miyazaki heard what Miyachi Tamura said, his smile faded and his face became serious.

Just like what he said, after studying the development materials of Jiaochuan Group, he really has a certain degree of confidence and confidence in this future partner.

If we talked about film production with Matura Mizuichi and Inoue Shinichiro before, Miyazaki Sosuke brags about his future plans more with a face-saving and story-telling mentality, then after understanding the Kadokawa Group, he My own plan is getting more and more up.

Kadokawa Film, as one of the five major film companies, did not belong to the Kadokawa Group from the beginning, nor did Kadokawa Group include the film production department from the time it was founded.

The predecessor of Kadokawa Film was "Daben Film Production Co., Ltd.", which was founded in 1942, referred to as "Daei Company", which belonged to one of the wartime enterprises.

After World War II, Dayei changed its name to "Daiei Co., Ltd." and became an ordinary private enterprise. It went bankrupt in 1971 and was reorganized by Tokoma Bookstore. The new Dayei became a company under Tokoma Bookstore.

In 1976, the Kadokawa Bookstore Group began to step into film production, with "Kadokawa Movie" as the film brand. After decades of development, under the leadership of the then legendary president Kadokawa Ki, only a series of classic film works were made. , Kadokawa’s legendary resume has already been described before, so we won’t repeat it here.

In 2002, Kadokawa Films discovered that after more than 20 years of development, it found that it had entered a bottleneck period. In order to wipe out the influence of his brother Kadokawa Kihiko in the film company, the president, Rihiko Kadokawa, acquired a long history of development. The company has also changed its name to "Kadokawa Daeing Movies" with its rich film library.Become one of the five major film companies.

In the following ten years, Kadokawa Films made an all-out effort. In 2004, it merged with "Toskadomain Co., Ltd.", and in 2005 it exchanged shares with the pioneer film to merge into a subsidiary. At the same time, in the following years, Kadokawa Entertainment and Kadokawa The film-related subsidiaries of the bookstore are included under the umbrella of Kadokawa Pioneer Films, completing the integration of resources within the group.

At the beginning of 2011, the integrated Kadokawa Pioneer Films was renamed Kadokawa Films Co., Ltd., and it was also officially merged into the Kadokawa Bookstore Group to become its film business brand, and the corporate legal person was eliminated.

Officially because of this organizational change, the related personnel of the Kadokawa Bookstore Group and the Kadokawa Film Group have changed. The original head of Kadokawa Films Tamura Matura also entered the management of the Kadokawa Group, and Kadokawa Films is now in charge of Shinichiro Inoue. The Kadokawa Publishing Group is responsible.

The Kadokawa Group we usually say refers to the Kadokawa Holding Group, which is divided into a publishing department centered on the Kadokawa Bookstore, a listed company, a filming department centered on Kadokawa Cinema, and an entertainment content creation department centered on Kadokawa Games. Large parallel department, and now, the film department, which was originally an independent department, has been adjusted and merged into the publishing department.

To put it simply, Kadokawa Film Co., Ltd. was originally an independent subsidiary and the film department of the Kadokawa Group, which had the same status as the publishing department, was absorbed by the publishing department at the beginning of the year and became a brand of the publishing department.

It is precisely because of this that Shinichiro Inoue, as the head of the publishing department, is now also responsible for managing matters related to Kadokawa Cinema, which has become a hurdle in the cooperation between Miyazaki Sosuke and Kadokawa Cinema.

"Then how is Miyazaki-san going to work with us?" Shinichiro Inoue also took a sip of tea, chatting and chatting for a long time, he was also a little thirsty.

"I have a certain understanding, but I don't think it is much better than Toho or Toei." Since entering the negotiation stage, Miyazaki Sosuke will naturally not stay, and he began to suppress the value of Kadokawa Film.

"I know your advantages, but, first, I don’t lack a cooperating company now; second, I don’t think Kadokawa Films can help me expand rapidly in the film market; third, I don’t think you can help I build and improve the governance level of the new company; fourth, I don’t think you can provide sufficient human resources and talent reserves for the new company; fifth, I am not short of money."

Miyazaki Sosuke said eloquently. This was originally intended to be used by him to unravel himself and find a suitable reason for the failure of "Housekeeper Mita".

It's a pity that I didn't have the opportunity to use it, just to reply to Inoue Shinichiro. He put down the teacup, glanced at the slightly facing Tamura Maichi and Inoue Shinichiro, and smiled.

He has such a style, going straight back and forth, never caring about the feelings of others.

This is also the reason why Miyazaki Sosuke wants to make money. Only when you reach a certain position, others will listen carefully, think carefully, and even give him face when you are embarrassed, and continue to talk patiently.

"Miyazaki-san, can you elaborate on these five points?" Shinichiro Inoue was a little confused about the situation. He didn't know if Miyazaki Sosuke really needed Kadokawa's partner, but he thought it was Miyazaki. Saki Cangsuke relied on his good results in "Housekeeper Mita". During this time, Toho or Toei contacted him again, and then he turned his face and wanted to raise a higher price with Kadokawa Group.

Modern business, after all, is playing a game of capital, and all capital is for money.Therefore, whether it is new concepts such as blockchain, AI, chips, 5G, or entrepreneurship, angel investment, partnership system, etc., all are for making money, but the ways and methods adopted by everyone are different.

And what Miyazaki Sosuke is preparing to go is the fastest one, that is, rapid expansion. Through mergers and acquisitions and expansion of the table, it quickly grows to a certain scale and then goes public, and obtains generous profit returns in the capital market.

He follows the typical development style of Internet unicorns, which he is very familiar with.Kadokawa Group and Miyazaki Sosuke set up a new company. After that, whether it is through the acquisition of other film companies or making new works by themselves, as long as their business revenue increases and the plate becomes larger, they can start telling stories with investors.

In fact, it is the one that several major domestic Internet entertainment groups are playing, but Miyazaki Cangsuke still intends to honestly shoot a few good movies to help him become a god, and the domestic major Internet entertainment companies are all directly acquired and mature. Related companies, formed a huge comprehensive group, and quickly went public to make money.

You think that people and you are on the first floor, talking about turnover and net profit. They account for one or two billion in the purchase price. In fact, they are waiting for you on the fifth floor. After listing, the group's market value is tens of billions. The stock price volatility is more than one billion.

###The fifty-eighth chapter is wonderful and worth subscribing###

To put it simply, Miyazaki Sosuke’s new plan is to prepare to cooperate with the Kadokawa Group to re-establish a new film and television production company, or to separate Kadokawa Film from the Kadokawa Group and join the two companies after owning shares.

For example, if Miyazaki Sosuke injects 10 million U.S. dollars to occupy 10% of the shares of the new company, the valuation of the new company is 100 million U.S. dollars, and the next investment company will get 20 million U.S. dollars, or even 40 million. US dollars to buy 10% of the shares.

When these investors speculate on the valuation of the new company and then sell it to the next company, everyone is playing drums and spreading flowers. After the final listing, all speculators participating in the investment can cash in their shares from the stock market to make money. Waiting for the various international retail investors of the Nasdaq stock market and the leeks of the US stock market to take over.

This is the favorite development model of venture capital before the financial crisis.

However, after the financial crisis, the U.S. stock index suffered a heavy setback, and many institutional investors also suffered heavy losses. There was insufficient liquidity in the market. This drumming and spreading flower can no longer be played, because there is insufficient liquidity in the market and no one has it after listing. Cash is used to buy stocks, and investors' stocks can't be realized, so they can only throw themselves in their hands.

So starting in 2009, a new gameplay has been born in the world of venture capital, that is, since the listing is not good, then we simply will not be listed.

The most typical cases are Musk’s Tesla and the space exploration company SpaceX two unicorns. They dare not go public at all, because as long as the financial statements are made public, annual losses can scare the world’s leeks and small and medium investors.

However, in June 2010, Truss finally found a good opportunity, the IPO was successful, and he was listed on the Nasdaq.Unfortunately, until 2020, Truss is still struggling on the brink of bankruptcy, because the output and loss problems cannot be resolved, and relying on financing and issuing debt to survive, it has become the company that has been the most short-selling on the Nasdaq stock market.

Since listing is not good, what should I do?

Money is right in front of us, and there is no way to create a way. Goldman Sachs and the Wall Street wolves came up with a new game, that is, close the door and play by yourself.

Today I made the first round of 10 million shares. Tomorrow you will buy 20 million in the past to tout the valuation, and the next one will continue to enter the market for 40 million. Every day, I rely on financial media and analysts from various investment banks to publish analysis reports to tout The valuations of various companies have in fact been losing money, and the hope of profitability is extremely slim.

In such a work, often a unicorn company has not yet been listed, and the valuation is jointly invested by several major investors, blowing the company to a valuation of tens of billions of dollars. For example, the famous Xiaomi, a new great technology company was born. Up.

As long as it is not listed, this leather will not be exposed, and everyone can continue to play the game of drumming and passing flowers.

But if it is listed, it will be a big deal.Just like Xiaomi, its market value has shrunk rapidly from its pre-listing valuation of 100 billion within a month, falling to more than 20 billion, and the stocks broke, making the faces of several investors turn blue.

Even this trend has spread from the technology circle to the stock market.

Since 2008, the U.S. stock market has ushered in a decade of bull market.Americans can support the bull market that China envy, without having to engage in infrastructure construction or building houses all over the world. The growth logic is actually similar to that of venture capital.

Print more money and more water, and GDP will naturally continue to grow, but what about the excess funds that the market cannot digest? In the end, it will not flow into the stock market and continue to raise stock prices, or it will be transformed into investing in high-tech companies and going to Wall Street. The bankers played drums to pass flowers.

Anyway, it’s not on the market, you don’t see the light, you can blow it whatever you want.

Even after the game, the listed companies in the U.S. stock market actually paid for their own shares. The reputation is that the management has confidence in their company. In fact, no one can take the market and can only come by themselves. The result is a false wave. The bubble in the U.S. has directly laid the groundwork for the unprecedented four blowouts since the US stock market.

Therefore, most of the venture capital is playing the trick of drumming and spreading flowers. Everyone makes money together, cuts leeks together, and deceives investors around the world.In the end, whoever took the last stick and smashed it in his own hands, that could only blame him for the bad luck.

What if the company goes public and the price-earnings ratio is not high enough? First, you spend your own money to buy your own stocks, just like those listed companies in the US stock market later played.

The second is to play with privatization, ridicule on Twitter that investors are short-sighted and do not understand the charm and logic of long-term investment.To scare the market with privatization, the question is where does the money for privatization come from?Will any investors believe it?

All in all, he was anxious after listing.

After ten years of development, this group is even more prosperous. Even when it comes to so-called new era companies such as Ruixing Coffee, shared bicycles, etc., this group of people can actually compose various stories for it. Find reasons for the loss, and the stock price can actually be sustained.As for the story, we have time to talk in detail next time, so I won’t discuss it in detail here.