Chapter 110 Strategic Alliance(1/2)
Gao Ping stood in front of the window, overlooking his empire.
That's right, this is his empire!
Putting aside the company's branches in the United Kingdom and the United States, the value of a piece of land under his feet is more than one trillion yen?
At his feet, the factories, research institutes, and an employee wearing company uniforms were all part of his Sony empire!
And he is the head of this empire!
I remember when the company founded Sony for $500 on the ruins of Japan's post-World War II, I never dreamed of such a glorious day!
Gao Ping's eyes flew across his empire and turned to an adjacent industrial park in the distance. The pride on his face suddenly changed into a disdainful expression.
There were still workers busy between the factory buildings of the company opposite. However, Gao Ping knew that they had not updated their equipment for several years and had not carried out new technology research and development.
The boss of that company has been obsessed with real estate business since three years ago, and either speculates in real estate or stays in the stock market all day long.
Because, in those two places, he only needs to invest in the money to see the company's assets rising steadily!
There is no need to worry about commercial fraud, investment partners will run away, but buildings will not!
There is no need to worry about the future development path of the company. There may be mistakes in investing in the industry, but the housing prices will not. Even the newspaper said: House prices will only continue to increase in value, but will not collapse!
Don’t worry about not having to worry about the fact that there are too many employees who will not be able to pay their wages. There are no need for so many people to trade real estate and stocks!
Such a good investment direction and such a high return rate, what kind of industry can be used to conduct technical research with extremely risky risks?
Gaoping From here, you can see that many of the factories of other nearby companies are the same as those of the opposite company. They rely on outdated technical equipment, but they place their hopes on housing prices and in the rising stock market!
This is also because the yen is rising too fast...
Speaking of which, Gaoping supports the appreciation of the yen.
His overseas products are based on the Japanese selling price and are set based on the Japanese yen exchange rate. The low exchange rate price of the Japanese yen has caused the company to suffer significant losses. He has complained to the government many times, believing that every time the government encounters interference from Europe and the United States, he just says: "my country will take action." Then he opens up some markets and gives some preferential treatment to Europe and the United States, but none of them can solve the problem from the fundamentals - the exchange rate.
Seeing the dollar becoming stronger and stronger, his inner anxiety was more than everything!
When the Plaza Accord was signed, he and major companies cheered for this! This means that the products they sold were more valuable and could get greater rewards!
Speaking of which, the yen has appreciated recently, and has reached the super high price of one dollar to 107 yen! The rapid growth of the stock market has even increased the company's assets calculated by stock prices to an incredible level!
Gao Ping smiled with satisfaction as he calculated the company's assets that he had added value again.
Perhaps, liberalizing the exchange rate is the most correct decision for the government!
But gradually, Gao Ping seemed to feel that something was wrong in Japan.
The yen appreciates too quickly, and many small and medium-sized enterprises are beginning to fail, and exports have dropped sharply. Some companies have gone bankrupt, while others have invested their money in more value-preserving real estate.
Then, in order to stimulate domestic demand, the government began to relax bank loan restrictions. A large number of low-interest loans flowed into the market, but because they could not find investment channels, they flocked to real estate, stock markets and other places where money was made quickly.
Gao Ping didn't know whether this was normal or wrong.
He has always been just an industrialist and is not clear about these speculative economic behaviors. Perhaps this is also a characteristic of capital flows?
Otherwise, the Taoist province would have come out to intervene long ago.
The market is now full of optimism about the future economy. The stock market has approached 35,000 points, and many people are shouting that they will raise the stock market to 40,000 points within this year! Gao Ping admires the optimism of the people and is a little uneasy.
This price seems to overestimate the country's strength.
You should know that the current total stock market value has exceeded 5 trillion yen. It is equivalent to Japan's estimated GDP this year, which is 100% twice the amount!
It seems that I should calm down. It is not a good thing to rise too high or too fast like this!
The stock market is ultimately false, and it should rely on its own listed companies. Just like Sony, although it has made a lot of money from the stock market, Gao Ping now feels that the stock market should no longer continue to rise like this.
In the quiet office, I remembered the sound of a light knock on the door. The secretary opened the door and said respectfully: "President, Mr. Matsushita's cars have already driven into the company and will be downstairs soon. Do you want to go out to greet me?"
"Oh? Have you arrived? Then I have to go and greet him!" With the help of the secretary, Gao Ping quickly put on his suit jacket, went from the special elevator to the ground floor.
Today, all the big names like him are here, and they are allies in this market competition. It would be too rude if they don’t go down to welcome them!
As soon as he stepped out of the elevator door, he saw a Rolls-Royce and a Bentley stop outside the foyer.
Gao Ping quickly met him. The two old men got out of the car. When they saw him coming, they all smiled and nodded at him.
"President Gao Ping, I heard that you acquired CBS last year and are preparing to acquire Columbia Film Company?" The old man and Gao Ping asked when they bowed to each other and stood up.
Gao Ping smiled slightly: "President Panasonic! It has always been my ideal to make our technology and serve people."
Of course, this is just his excuse.
Gao Ping has always thought that by establishing a set of industry chains of movies, TVs and music, they will sell the products they produce to the whole world. Let the standards set by Sony become the world's technical standards!
He met another old man again: "President Morita, welcome you to our Sony company as a guest."
Morita smiled and said, "Aren't you afraid that the United States will be angry? They are now cursing in the media, saying that we are a bigger threat than the Soviet military group? Hollywood is a symbol of the United States. It is very difficult for you to buy a Columbia Film Company! If the United States puts pressure on our government, it will probably be difficult!"
Gao Ping laughed.
He knew what Morita said, "a greater threat than the Soviet Union" meant.
Since the mid-1980s, Japan's manufacturing industry has defeated the US manufacturing industry. In the US market, 20% of semiconductors are produced in Japan; 30% of cars are also from Japan; more than 50% of machine tools, most electronic consumer goods, and dozens of other products are provided by Japan!
The wealthy Japanese company began to make a big advance towards the United States under such a good situation!
The first place where Japanese investors settled in is Honolulu!
In Pearl Harbor, a Japanese company waved a check and bought it almost entirely in Pearl Harbor! In just 87 and 882, Japan's investment reached 6.5 billion US dollars!
Japan bought Pearl Harbor Beach Area, two-thirds of the luxury restaurants, large buildings, large restaurants, shopping malls, golf courses, livestock farms and plantations. Japanese account for one-fifth of the millions of tourists who come to Hawaii every year. Many local Americans are deeply worried about the Japanese attack on Hawaii again. The mayor of Honolulu shouted loudly: "Honolulu is about to become a district in Tokyo."
Hawaii has become a "park" for the Japanese to take vacation and recuperate, like a "new colony".
In the laughter, Gao Ping spoke out a slogan that has been circulating in recent years: "We can say no!"
Panasonic and Moritian looked at each other and laughed loudly.
They are indeed very proud and have the capital to be proud of!
Over the years, Japanese companies have already penetrated into all aspects of the United States!
So far this year, Japan's direct investment in the United States has increased by more than 10 times!
The real estate owned by Japanese companies in the United States exceeds the sum of the European Community!
The Japanese own $285 billion, US direct assets and securities assets!
It controls more than 329 billion US dollars of banking assets, accounting for 14% of the total US banking assets!
More than 25% of the banking assets in California are also held by Japanese companies. And 30% of their outstanding loans are owned by Japanese companies!
At the same time, 30 to 40% of the US Treasury bonds were bought by Japan! Japan's stock investment in the United States has a quarter of the daily trading volume on the New York Stock Exchange!
Under such a form, European and American countries have evoked painful memories of World War II. They have described Japan as an evil country in the media, magazines, novels, movies and TV, and expressed extremely strong anger.
Many Americans blame Japan for the economic downturn in the United States.
They used various means to force Japan to open up more markets and roared repeatedly: "Why? Why do you Japan sell so many more products in our United States than our American companies sell in Japan? This is a trade barrier!"
But what's the use?
The yen has appreciated, and it has risen so much, and Japanese products are still best-selling in the United States!
The powerful Japanese citizens began to discover that the United States, which they had always regarded as wise, was so powerful that they were trembling, turned out to be so vulnerable!
We don’t need to use the army, we just use money to defeat this gold-worshiping and weak country!
During World War II, we did not set foot on the United States; however, we used the economy as a weapon to occupy the entire United States!
One time during the negotiations between Japan and the United States, a Japanese man said to the US representative: "It's better to spend money to buy California, so that the trade between Japan and the United States will be balanced!" Although this request was immediately rejected by the United States, it also reflects how strong Japan's economic strength has reached!
A large number of citizens with extremely high self-confidence were increasingly angry about the government's continuous surrender to the United States. They began to loudly declare in the newspaper: "We, Japan, should no longer continue to be humble to the United States! We should say no to the unreasonable demands of the United States!"
What Gao Ping said, "I can say no" was cleverly borrowing this famous saying, which aroused the strong sense of national pride and resonance in Panasonic and Morita's hearts!
As long as the people continue to maintain this spirit of hard work, we, Japan, surpass the United States and become the global hegemon, are just around the corner!
And the United States, the former old empire, was already exhausted after a bloody battle with the Soviet Union. Just like the empire across the sea a hundred years ago, it was already strong outside and the middle. With just a slight push, you can push it!
The three of them held hands, laughed loudly, and walked into the elevator together.
As for the topic discussed today, it is actually not important. As long as the three of them join forces, a mere Chinese company, facing the behemoth of three of them, which has a combined assets of hundreds of billions of dollars, can only surrender!
Of course, that's it, but the wealth of family is rich and there are also rich worries.
For example, Sony has a big family and big business, and daily expenses are also a huge number. Moreover, the acquisition case Gao Ping is operating, it will cost at least billions of dollars to buy CBS. This made Gao Ping, who only spent 2 billion last year, really feels a little overwhelmed.
It was precisely for this reason that he took the initiative to contact Panasonic and Morita and decided to make joint efforts to crush the Chinese company into powder!
However, friendship is friendship, business is business. Although Sony is the strongest among the three companies, the other party has no obligation to obey orders.
As soon as he sat down, Panasonic said first: "We have also heard of the wholesale price of 980,000 yen that you and the retailers have reached. However, the loss is also very large!" He and Gao Ping are old friends, so they are not so worried about speaking, so they directly expressed their ideas.
Seeing that he raised his words, Morita nodded and said, "Yes! Our technical strength is worse than both of you. The production of LCD is not ideal. The good product control rate and production capacity cannot be solved well. If the second generation of LCD products are sold at 980,000 yen, we will lose 120,000 yen for every piece we sell. If we drive away Chinese companies in the future, we will not be able to continue selling them at this price."
"We are a little better, and the loss of each piece is about 70,000 yen," Panasonic added.
Gao Ping calculated silently in his mind.
He believed that the amount of losses Panasonic and Morita said was true. Because, with Sony's huge technological strength, every projector sold was just a guaranteed capital.
But the other party complained like this, in fact, it was to gain benefits. Otherwise, with the strength of their two families, such a small loss would be able to bear.
To be continued...