Reborn Tokyo Golden Age

Chapter 201 "Chaebol"

Why is First Quanye Bank willing to lend a huge loan of 6 billion yen to Shirakawa Electric and undertake the construction of its headquarters?

In addition to Ichiro Watanabe's understanding of Shirakawa Electric's turnover, he is optimistic about its future development prospects.

Of course, he also wanted to bring such a potential club into his own interest group.

Ichiro Watanabe had some guesses about what Bai Chuanfeng was thinking, but he did not directly put forward specific conditions.

Instead, he asked a topic that Bai Chuanfeng didn't expect, "Has Bai Chuan-san thought about listing Bai Chuan Electric in the future?"

"Huh?" Bai Chuanfeng raised his head in surprise.

"Shirakawa-san" Watanabe Ichiro leaned forward slightly, "The company's listing can provide Shirakawa Electric with the most effective financing environment.

It can also promote the maximization of the value of the club, presumably Bai Chuan-san also knows it.

After a club is listed, its market capitalization is generally much higher than its net assets. The stock has a substantial premium. As a shareholder of the club, the wealth brought by listing is self-evident.

In addition, the listing can also enhance the credit and debt financing capabilities of Baichuan Electric.

Banks are more willing to lend to listed companies, and the government will also support the listing of companies and provide certain listing subsidies.

Moreover, after listing, Baichuan Electric can gain a better social status and even be recognized by international capital. "

Ichiro Watanabe talked eloquently, clearly analyzing the various benefits of going public.

"So, if Bai Chuan-san has plans to list Bai Chuan Electric.

First Quanyin is willing to operate the whole listing process of your company and become one of its underwriters. "

This is the purpose of Ichiro Watanabe offering such favorable conditions.

Although it is already a good deal to lend money to Shirakawa Electric and undertake the construction of its headquarters.

But there is no operation to go public, underwriting stocks makes a lot of money.

Moreover, when Shirakawa Electric went public, First Quanyin could naturally become one of its major shareholders.

In this way, the first member of Quanyin added another member, and the consortium became stronger.

Ichiro Watanabe's eyes remained on Bai Chuanfeng's body, waiting for his reply.

"Watanabe-san, if I remember correctly, the company needs to be established for at least three years to go public.

And Baichuan Electric has only been established for a year and a half, so..."

Bai Chuanfeng's meaning is obvious, Bai Chuan Electric is not yet ready for listing.

Moreover, he has not yet considered clearly whether Baichuan Electric will be listed.

Going public will indeed increase your value and wealth.

But the subsequent bubble era is no joke, and almost all industries will be affected.

Of course, there is no way to avoid the local bubble, and that is to go public in the United States like Sony.

It's just that in that case, the risk of being cut leeks will increase exponentially in the future.

But these are still early for Shirakawa Electric, and whether to go public or not should also consider the thoughts of the old employees of the company.

Everyone is with you to fight the world, isn't it just looking forward to the day when the company goes public and achieves a surge in wealth?

Putting all the factors together, it is quite complicated, and it is definitely not a decision that can be made at will.

Ichiro Watanabe understood what Bai Chuanfeng meant, so he nodded unhurriedly.

"Of course, there is no rush to go public.

However, if Shirakawa Electric has a plan to go public in the future, please Shirakawa-san must consider the cooperation with Daiichi Bank. "

The first advice is to have enough patience and wait for the day when Baichuan Electric goes public.

and…

"If Baichuan Electric has financing needs at this time, First Quanyin can definitely provide sufficient funds."

If necessary, there is no problem with financing before listing.

However, Bai Chuanfeng shook his head, "Thank you for your support, Bai Chuan Electric has no financing needs for the time being.

Of course, if there is a need in the follow-up, the first persuasion bank must be given priority. "

Just kidding that Baichuan Electric has already achieved profitability, and there is no need for financing at all.

Financing is a means to alleviate the financial pressure of the club and strive to achieve profitability.

For the current Baichuan Electric, unless it goes on the market. Otherwise, the need for financing will not be considered.

Ichiro Watanabe was not surprised by Bai Chuanfeng's answer. According to the revenue situation of the other party just now, he can conclude that Bai Chuan Electric has already entered the profit stage.

Baichuan Electric will not be listed for the time being, and there is no need for financing.

So, is the preferential loan terms just given by First Advising Bank still valid?

"Bai Chuan-san, First Advice Bank's loan policy for Bai Chuan Electric remains unchanged.

The only condition is..." Ichiro Watanabe stretched out his finger, "If Shirakawa Electric goes public in the future.

First Quanyin is responsible for the operation and underwrites a certain percentage of shares. "

The first persuasion bank has not been short-sighted, and Baichuan Electric will withdraw the preferential loan policy if it does not go public.

As an enterprise with a history of hundreds of years, they have enough patience and long-term vision.

Leave a good start for cooperation now, and only then will there be further possibilities in the future.

"Okay, if Baichuan Electric is considering going public, First Quanyin will be our first choice."

Naturally, Bai Chuanfeng had no reason to object to Watanabe Ichiro's conditions.

Although what the other party wants is to become one of the shareholders of Baichuan Electric, but at that time it was listed, so who cares who will become the shareholder?

"So, First Adviser Bank is looking forward to your company's visit.

The terms of this loan remain unchanged as previously discussed. If the review by the headquarters is correct, the loan will be formally entered.

Regarding the construction of the headquarters of Shirakawa Electric in the future, Shimizu Corporation will be responsible for docking with you.

Bai Chuan-san, please believe that the first consortium is different from other consortiums.

Even it is very different from the chaebol in the traditional sense, please consider it. "

After speaking, Watanabe Ichiro got up and bowed to Bai Chuanfeng, then took his leave and left.

This was the first time Bai Chuanfeng heard the word "chaebol" from the other party.

The same two words also made him extremely jealous. Seeing the figure of the other party leaving, Bai Chuanfeng fell into a long silence.

Since the establishment of Baichuan Electric, Baichuan Feng has always avoided contact with the chaebol.

Because he knows what "zaibatsu" represents in the land of Japan.

Its ancient history can be traced back to the last century, and the special group of "family" is also associated with "chaebol".

Today's major chaebols basically have their own families behind them.

The traditional chaebol system basically borrows the principle of the family system.

Structurally, the chaebols are a family group centered on the "family" formed according to the series of main family and branch family in the family system.

Companies belonging to the chaebol family are regarded as direct companies, and collateral companies are branched on the basis of simulating family relationships through the acquisition of shares.

And the president of the chaebol headquarters is the parent of this group.

Secondly, in terms of capital form, chaebol capital is almost entirely owned by the chaebol family, and the property of the chaebol family is the material basis of the chaebol.

Without exception, traditional chaebols implement family management, or implement patriarchal dictatorship in which capital owners and operators take over everything.

Or use the housekeeper who has served the chaebol family loyally for many years to act on behalf of the management, and formulate family rules and family constitutions as the code of conduct for members of the chaebol family.

Under such a pyramid-like, hierarchical structure, one can imagine the status of the party whose shares are absorbed and acquired.

Bai Chuanfeng, who was a latecomer in his previous life, couldn't imagine what it would be like if Bai Chuan Electric became a subsidiary company of a traditional family one day.

In a traditional Japanese room, on the tatami mats, do you need to bow down to the so-called master's house? Or Dogeza?

No! no way!

The concept of equality rooted in his bones, or the so-called dignity, made him unable to face all this calmly.

What's more, he would rather someone else be the one kneeling on the ground to salute him than himself.

Would you rather let me down the world than let the world down on me?

Maybe, but not in Neon anyway.

And because of the existence of chaebols and families, there is almost no soil for the survival of investment companies in Neon.

The chaebols almost monopolize more than 60% of local industries, and most of the rest have government backgrounds.

Venture capitalists? Sorry, Neon doesn't need it.

All emerging industries, or clubs with potential, have been contacted by chaebols before they grow up.

Just like today's Baichuan Electric, it has already entered the sight of certain existences before it has emerged.

And similar scenes do not know how many times a day to happen.

Therefore, the prospects of investment companies in Japan are limited, and most of the famous investment companies later achieved success after investing overseas.

For example, SoftBank.

At this time, Neon's first investment company was just established a few years ago.

Can you imagine that the economy has already been quite developed in Neon, and the first investment company was just established around 1975.

All this is because the chaebol plays the role of an investment company to some extent in Neon.

It's just that the influence of tradition is too strong, even if there are good ideas or new ideas.

In the end, under the influence of the conservatives within the chaebol, they will become ordinary or join forces.

This is also the reason why Neon's performance in the Internet field and the smart industry is mediocre in later generations.

What kind of soil environment, what kind of fruit will be produced, everything has already been predetermined.

Therefore, this is also the reason why Bai Chuanfeng did not look for venture capital investors in the initial stage of Bai Chuan Electric even though the funds were tight.

Because there were not many venture capital investors at that time, as for finding a consortium to make a round of investment?

I am afraid that the bottom of Tokyo Bay will be his best destination.

Therefore, Bai Chuanfeng is not only a little proud of being able to operate Bai Chuan Electric to such a scale today, but also cherishes the current results very much.

However, despite trying to reduce its own sense of existence, today's Shirakawa Electric has finally attracted the attention of the chaebol.

Bai Chuanfeng tapped the table lightly with his fingers, wondering what he was thinking.

Arai Yu sat beside him, hesitating to speak. Thinking of the care of his old friend, he finally made a decision.

"Senior Arai, can you introduce the "First Bank Consortium" to this junior. "

Arai Yu was taken aback for a moment, the topic he just wanted to talk about, but he said it in advance.

Sure enough, someone who has achieved such an achievement at such a young age will surely be even more extraordinary in the future.

Arai Yu thought for a while before slowly opening his mouth.

"The First Quanyin Consortium, there is no doubt that its headquarters is the First Quanye Bank.

Although the predecessor of Daiichi Kangyin, it is one of the oldest banks in Japan.

However, the First Persuasion Bank Consortium has two "most" arguments. "

"Huh?" Bai Chuanfeng perked up.