Author: quiet thoughts

Shirakawa Electric's local profits include 70 handhelds and 200 Walkmans, totaling 27 billion yen.

In the North American market, there are 190 handhelds and 700 Walkmans, totaling 89 billion yen.

Calculated in this way, Shirakawa Electric's global profits seem to have exceeded the 100 billion yen mark.

Unfortunately, this part of the profit is all pre-tax income.

Neon's local tax rate is about 15%-23%. If the tax is calculated based on this, there will be about 22 billion yen left in the end.

The current tariff imposed by the United States on neon electronic products is about 19%, including local taxes in each state.

In the end, it would be great to have 65 billion yen in profit from Shirakawa Electric.

The mainland’s 22 billion and North America’s 65 billion add up to about 87 billion yen.

This translates to US$350 million, which is a significant improvement compared to last year’s revenue of less than US$200 million.

However, Baichuan Holdings also spent a lot of money this year. The biggest one was the acquisition of Beidu Bank at the beginning of the year, which used 16 billion of funds on its books.

This part of the funds was originally used to settle the cost of raw materials and budget for part of the operating costs.

This money must be restored to balance the accounts, so after subtracting 16 billion from the 87 billion, there will only be about 71 billion left.

In addition to this expenditure, another 8 billion yen was invested in the construction of North American factories.

The total investment in Akita's hometown was 2 billion, and another 2 billion piece of land was acquired in Kawasaki.

After acquiring Aiwa's shares for 1.6 billion, its stock price fell a bit, and Shirakawa Electric also took advantage of the trend to buy the bottom.

There is also about 700 million yen invested in the research and development of SIC chips, and hundreds of millions of yen in other products.

If all these major expenses are removed, the final amount actually deposited in the bank will be about 55 billion yen.

This is the real surplus of Shirakawa Holdings this year. From now on, part of this money will be deposited in Hokuto Bank, and part will be deposited in Daiichi Bank and the Bank of Japan.

Depositing money in Beidu Bank is purely for the purpose of nurturing it. With this money, Beidu Bank can lend money and invest in other industries.

No matter how difficult it is to deposit money with other banks, Beidu Bank can deposit it in other banks and earn some interest.

As for the money of Shirakawa Electric Co., Ltd., which is deposited in Beidu Bank, it cannot be said that there is no interest, and there is very little interest.

This is mutual support, or Shirakawa Electric can support it unilaterally.

As for depositing the remaining money into Daiichi Bank and the Bank of Japan, it is for risk sharing, and to maintain the relationship with each other, and earn some interest on the way.

The above is the entire business situation of Shirakawa Holdings in 1981. It made a lot of money, but also spent a lot.

Fortunately, most of the money spent is reinvested, and they will bring them more profits in the future.

Most of the current revenue of Shirakawa Holdings comes from Shirakawa Electric, and the profits brought by the other subsidiaries do not add up to 1 billion yen.

Compared with the former, it is almost a drizzle, and it does not even make as much money from small peripherals such as headphones and some Walkman storage cases.

However, they have great potential for growth and cannot care about temporary gains and losses.

In addition, considering the possibility of going public in the future, Shirakawa Kaede is also slowly transferring the profits from these years of operations to his personal account.

In addition to various legal tax avoidance methods common to Neon, he also opened accounts abroad.

Taking advantage of various loopholes and international rules, personal wealth is also risk-shared.

Of course, there is a professional team doing this kind of thing, so he doesn't need to worry about it.

In addition, in order to pay less taxes, Shirakawa Electric has also made many arrangements at the company level.

For example, the North American branch establishes a separate subsidiary, and additionally registers a sales company in other low-tax countries.

Reasonable tax avoidance can be achieved by transferring pricing rights and selling origins, but for now we can only do it slowly and not go too far.

After all, neither Neon nor the United States are fools, and they will easily get slapped if they do too much.

After going through the annual summary, Bai Chuanfeng finally felt relaxed.

Although next year there will be a series of investments in batteries, LCD factories, CD production lines, etc.

But let’s leave these troublesome things for next year. This year’s troubles are over.

Shirakawa Kaede stood up and stood alone in front of the window of the conference room, looking at Tama River outside in silence.

There are few boats on the wide river. It seems that even the yachts have entered a state of hibernation.

Yes, it’s already December, and the New Year is less than a month away.

It’s another year of white snow and cold wind, and people are the same as before.

Nakajima Heitaro swept the snow from his eyebrows and looked at his old friend next to him. Well, Hiroshi Ogawa.

Hiroshi Ogawa, who was equally high-spirited, looked at the building in front of him and confirmed his eyes with Heitaro Nakajima.

Well, yes, it is a signal to move forward.

So no longer hesitating, he immediately led the way with high spirits.

As soon as they entered the reception hall on the first floor of the building, two sluts in windbreakers attracted a lot of attention.

The receptionist at the front desk saw two people who looked familiar.

The word "president" almost came out of my mouth.

Fortunately, the colleagues around her reacted in time and stopped her.

But even so, everyone still looked at the two people, dumbfounded.

How could they appear here? Not already.

However, Heitaro Nakajima and Hiroshi Ogawa, who were the focus of everyone's attention, behaved calmly.

Especially Hiroshi Ogawa, with his back straight and the look on his face that makes him proud.

He adjusted the hem of his windbreaker that was almost on the floor, and then walked to the front desk with a proud look on his face.

"Excuse me, Meirong Zi-san, how can I get to the board of directors' office?"

"Hey." The girl at the front desk named Mei Rongzi looked at him blankly, not knowing how to answer.

"Oh, I almost forgot." Hiroshi Ogawa slapped his forehead and suddenly realized, "The board of directors' office is at the top."

After saying that, he turned around and walked towards the elevator with Heitaro Nakajima, who had been watching his performance silently.

"Hey, wait!" Mei Rongzi subconsciously wanted to stop him.

"Swipe" Without waiting for her to ask, Hiroshi Ogawa quickly took out an employee card and put it in front of Mieizi's eyes, and showed it to other people watching in the hall, intentionally or unintentionally.

This movement was smooth, natural and extremely fast, as if it had been practiced countless times.

"Look clearly, this is the work ID of Aihua, secretary of the board of directors.

As for this one." Hiroshi Ogawa took out another card and shook it.

"This is the work permit of Shirakawa Electric and SIC. Look, Shirakawa Electric Audio Consultant and SIC Senior Researcher."

Hiroshi Ogawa pointed to the titles above and read them one by one, his tone indescribable.

Secretary of Aihua Board of Directors? Consultant of Shirakawa Electric?

The melon-eaters were full of questions, why did this guy seem to have become so powerful after not seeing him for several months?

"Okay, Ogawa" Nakajima Heitaro looked at his wrist, "The meeting is about to start, let's go."

Hiroshi Ogawa, who said "Hai", immediately turned around and followed Heitaro Nakajima, walking towards the elevator as if no one else was around.

Everyone was left in a daze, still trying to figure out the relationship.

Humph, asking you guys to arrange for me to tighten screws is simply disrespectful of me, the former leader of the CD development team.

Not to mention what happened downstairs, in Aihua's boardroom at the moment.

The shareholders who gathered together again were silently waiting for something.

"Is the representative from Shirakawa Electric here?" Kozo Omasone asked the assistant next to him with a frown.

"I just called to inquire, and the other party replied that they are already on their way."

Kozo Omasune was very dissatisfied with this answer. To be precise, he was dissatisfied with the words "Shirakawa Electric".

He really didn't understand what Oga-san was thinking and why he chose to let Shirakawa Electric become a shareholder in Aihua.

The other party is obviously Sony's biggest competitor in the audio field, but they still want to introduce him to Aiwa's board of directors.

Even though Aiwa's current profitability is average, Kozo Ozone just doesn't want to see Shirakawa Electric.

Yes, he hates Shirakawa Electric, and he hates everything related to Shirakawa Electric.

The Walkman thing is fresh in my mind, and now it’s Avava again.

Omasune Kozo always felt that Aihua's participation in Shirakawa Electric would not be a good thing.

Just when he was frowning and distracted, suddenly the door of the conference room was pushed open.

The other people sitting here, as well as Omasune Kozo, subconsciously raised their heads.

"Hey, Nakajima-san?"
To be continued...