Chapter 201 "Plutocrats"

Author: quiet thoughts

Chapter 201 "Plutocrats"

Why is Daiichi Bank willing to lend a huge one-time loan of 6 billion yen to Shirakawa Electric and undertake the construction of its headquarters?

In addition to Ichiro Watanabe's optimism about Shirakawa Electric's future development prospects after learning about its turnover.

Of course, I also want to bring such a potential club into my own interest group.

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

Instead, he asked an unexpected topic for Shirakawa Kaede, "Has Shirakawa-san considered putting Shirakawa Electric on the market in the future?"

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

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

It can also help maximize the value of the club, and Shirakawa-san must also know that.

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

In addition, listing can also enhance Shirakawa Electric’s credit and debt financing capabilities.

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

And after going public, Shirakawa Electric can gain a better social status and even be recognized by international capital."

Ichiro Watanabe talked eloquently and clearly analyzed the various benefits of going public.

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

First Financial Bank is willing to handle the entire listing process of your company and become one of its underwriters."

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

Although lending money to Shirakawa Electric and undertaking the construction of its headquarters is already a good deal.

But there is no way to make a lot of money by listing stocks and underwriting stocks.

Moreover, when Shirakawa Electric is listed, Daiichi Bank can naturally become one of its major shareholders.

In this way, one more member was added to the First Bank, and the consortium became stronger.

Watanabe Ichiro's eyes always stayed on Shirakawa Kaede, waiting for his reply.

"Watanabe-san, if I remember correctly, it takes at least three years for a company to be listed.

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

Shirakawa Kaede's meaning is obvious. Shirakawa Electric does not yet have the conditions to go public.

Moreover, he has not yet thought clearly about whether Shirakawa Electric will go on the market.

Going public will indeed increase your net worth and your 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, that is, to go public in the United States like Sony.

But in that case, the risk of being cut off will increase exponentially in the future.

But these are still early days for Shirakawa Electric, and whether to go public must also consider the thoughts of the company's old employees.

Everyone is accompanying you to conquer the world, aren't you just looking forward to the day when the company will go public and achieve a surge in wealth?

Putting all the factors together, it is quite complex, and it is by no means a decision that can be made casually in a hot head.

Watanabe Ichiro understood what Shirakawa Kaede meant, so he nodded slowly.

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

But if Shirakawa Electric has plans to go public in the future, please Shirakawa-san please consider the cooperation of Daiichi Bank."

First Persuasion Bank has enough patience to wait for the day when Shirakawa Electric goes on the market.

and…

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

If necessary, there will be no problem in financing before listing.

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

Of course, if necessary in the future, we will give priority to the first bank."

Just kidding, Shirakawa Electric has already achieved profitability long ago and has no need for financing at all.

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

For Shirakawa Electric, it will not consider the need for financing unless it goes public.

Ichiro Watanabe was not surprised by Shirakawa Kaede's answer. Based on the other party's revenue just now, he could conclude that Shirakawa Electric has already entered the profit stage.

Shirakawa Electric will not go public for the time being and has no need for financing.

So are the preferential loan conditions just given by First Financial Bank still valid?

"Shirakawa-san, First Bank's loan policy for Shirakawa Electric remains unchanged.

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

First Financial Bank is responsible for the operation and underwrites a certain proportion of shares."

The First Bank is not so short-sighted that it will withdraw its preferential loan policy if Baichuan Electric does not go public.

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

Leave each other with a good start for cooperation now, so that further progress will be possible in the future.

"Okay, if Baichuan Electric considers going public, First Bank will be our first choice."

Naturally, Shirakawa Kaede had no reason to object to Watanabe Ichiro's conditions.

Although what the other party wanted was to become one of the shareholders of Shirakawa Electric, it was already listed at that time, so they still cared about who would become a shareholder?

"So, First Bank looks forward to your visit.

The terms of this loan remain unchanged as discussed before. If the department's subsequent review is correct, the loan process will be officially entered.

Regarding the subsequent construction of the headquarters of Shirakawa Electric, Shimizu Construction will be responsible for connecting with you.

Shirakawa-san, please believe that First Bank is different from other financial groups.

It is even very different from a chaebol in the traditional sense, so please think about it.”

After saying that, Ichiro Watanabe stood up and bowed to Shirakawa Kaede before saying goodbye and leaving.

This was the first time Shirakawa Kaede heard the word "zaibatsu" from the other party.

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

Since the establishment of Shirakawa Electric, Shirakawa Kaede 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. Also associated with "zaibatsu" is the special group "family".

Today's major chaebols basically have the shadow of their respective families behind them.

The traditional chaebol system basically draws on the principles of the family system.

Structurally, the chaebol is a homogeneous group centered on the "family" formed based on the family system's head family and a series of branch families.

Companies belonging to chaebol families are regarded as direct companies, while collateral companies are divided companies based on simulated family relationships through share acquisitions.

The president of the chaebol headquarters is the head of the group.

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

Traditional chaebols without exception implement family-style management, or implement a patriarchal dictatorship in which the capital owner-operator takes over everything.

Or a butler who has served the chaebol family loyally for many years can exercise management rights on his behalf, and formulate family rules and family constitution as the code of conduct for the chaebol family members.

In this pyramid-like, hierarchical structure, the status of the party whose shares are absorbed and acquired can be imagined.

Shirakawa Kaede, who was a latecomer in his previous life, could not imagine what it would be like if one day Shirakawa Electric became a subsidiary company of a traditional family.

In a traditional Japanese-style room, on the tatami, do you need to kneel down and worship the so-called master? Or do you need to sit down?

No! Never!

The concept of equality, or the so-called dignity, rooted in his bones, prevented him from facing all this calmly.

What's more, he would rather others kneel on the ground and salute him than himself.

Would you rather me betray the world than let the world betray me?

Maybe, but it won’t work in Neon anyway.

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

Chaebols almost monopolize more than 60% of local industries, and most of the rest have government backgrounds.
To be continued...