Chapter 365 It was obvious that he was the first

Author: quiet thoughts

Chapter 365 It was obvious that he was the first

"Arai-san, how will Hokuto Bank's business situation be next year?"

In addition to Hongchuan Electric and SIC, Hongchuan Feng is also most concerned about the situation of Beidu Bank.

As the only financial institution in Hongchuan Holdings, it has extraordinary strategic significance in the future.

After hearing Hongkawa Kaede's inquiry, Arai Yu picked up the information at his leg and began to make a detailed report.

“Compared with last year, Beidu Bank’s expansion speed has accelerated again.

In addition to the five northeastern counties and Hokkaido, they are also promoting the construction of Hokuto Bank branches in Tokyo and the south.

Compared with the 18 branches when it was first taken over in early 1981, after two years of development, there are currently 49 Beidu Bank branches outside the Neon area.

The density of branches in Tokyo is the highest. Counting the Hachioji branch under construction, there are a total of 10 branches distributed throughout Tokyo."

A branch does not mean a branch. After two years of development, there are 49 branches and it has become very despised.

This does not include the ATM cash machines distributed on the streets. After all, the so-called branches certainly do not refer to branches with business halls.

If you look at the Hokuto Bank terminals that are accessible to the general public, then Tokyo’s 23 wards are already dotted with its terminals.

"Next year's branch expansion plan can be slightly focused on the layout in the southeast, where Beidu Bank's influence is not too low."

In the southern regions of Kyushu and Shikoku, apart from a few major cities, Hokuto Bank has almost no presence.

Hong Chuanfeng's original idea was to open Beidu Bank into every city with a population of 200,000 or more before 1985.

Now it seems that the speed is indeed a bit slower. The financial industry alone cannot support the expansion of Beidu Bank at such a speed.

When Arai Yu heard Hongkawa Kaede's instructions, although he nodded in agreement, his expression was quite serious.

For him, such a task is not easy.

Because Beidu Bank has almost no roots in the south, it can easily become a negative asset for the bank if it expands too quickly.

"Well, Hongchuan Electric will choose one location each in Kyushu and Shikoku next year.

Used to build a second optical disk factory and a supporting optical drive factory.

When the time comes, Beidu Bank can move into local areas simultaneously with them, and then use this as a basis for diversified expansion."

"In this case, Beidu Bank is confident that it can complete that task."

Sure enough, Arai Yuu's expression became visibly relaxed when he heard Hongkawa Kaede's move.

Beidu Bank alone may not work, but if it is added to Hongchuan Electric's factory, it will be completely different.

In Tokyo, the reason why Hokuto Bank expanded so quickly was because of the support from Benikawa Electric's factory.

All the salary cards of thousands of people can be opened in Beidu Bank, and all of them can be active users.

In addition to depositing their savings in Beidu Bank, many people also use Beidu Bank for financial management.

With their participation, Hokuto Bank was able to take root in Tokyo in just one year.

If we replicate that approach in the South, there is no doubt that it will be much more reliable than Beidu Bank going it alone.

After planning the bank's development strategy for the coming year, Arai Yuya began to report Hokuto Bank's revenue for that year to Hongkawa Kaede.

Different from last year's absence, next year Beidu Bank will take advantage of Hongchuan Electric's market opportunity and make a lot of money.

The profit from underwriting new shares alone was 12 billion yuan per month. Since then, Beidu Securities has made a small profit of about 4 billion yuan by using the primary and secondary stock markets.

These are only the dividends Hongchuan Electric has brought to the market. In addition, don’t forget the main business of Beidu Bank.

Investment income, intermediary business income, interest difference income, and credit card business income are all the main sources of bank profits.

Among them, investments, interest spreads, and credit cards account for the majority of the profits, and the profits of Bu Nao Bei Du Bank come from the latter two.

As for investment, there is no lack of investment. There are many agricultural projects in Akita.

Well, the income is very impressive, not even 500 million yuan a year.

But fortunately, it is quite stable, so Hongchuan Feng has not touched that part of the related business, but plans to hold it in the medium and long term.

The interest spread and credit card business are indeed profitable for banks.

The interest rate difference arises from the difference between the interest that depositors receive on deposits and the interest that banks use to lend money. If you become popular, you will not be able to earn the difference.

Many of Beidu Bank's depositors are employees of Hongchuan Electrical Appliances, and their combined salaries are definitely an astonishing figure.

Even if Beidu Bank does not lend money, the interest on interbank deposits is not even a small figure.

As for the annual fees and installment fees charged by credit card owners, this is Beidu Bank's second largest source of profit.

In 1982, the total profit of Beidu Bank's financial business was about 43 billion.

Adding in the dividends from Hongchuan Electric's presence in the market, the total is 59 billion yuan per month.

It may seem like a lot, but compared with banks such as Daiichi Bank, Mitsubishi, and Sumitomo, it is at least ten times worse.

The journey from a local bank to a medium and large bank will not be smooth sailing.

Is Beidu Bank just turning around and moving forward with difficulty?

If normal development rules are followed, it will take decades to achieve that goal.

Of course, if you encounter a rare opportunity in a century, it may not be impossible to skyrocket.

Of the RMB 59 billion in profits, approximately RMB 40 billion fell into the Hongchuan Holdings account.

After all, after two years, Hongchuan Holdings controlled about 70% of the shares of Beidu Bank.

As the future core enterprise of Hongchuan Holdings, Beidu Bank has not yet grown, but its profitability is already evident.

In terms of revenue, Beidu Bank probably ranks third outside Hongchuan Holdings.

Following closely is HAL Research. As the only software industry club outside the group, its revenue will reach a new high next year.

The bulk of the profit comes from the Kanji reading and writing cards installed in Fujitsu personal computers, and more than 500,000 units have been shipped so far.

Because its cost is very low, two-thirds of the selling price of 29,800 yuan per month is no profit.

So that one product alone brought nearly 9 billion yuan in monthly profits to HAL Research Institute.

In addition, the computer game department is also attacking everywhere. The three computer platforms of Fujitsu, NEC and Sharp have games developed by HAL available.

Compared with last year’s revenue of less than 600 million yuan per month, next year’s figure has soared to 7 billion yuan per month.

The biggest contributor among them is of course their fat classmate Satoru Iwata.

"Iwata-san, does HAL have any plans for the computer game business next year?"

In the original computer game department, Hongchuan Kaede directly appointed him as the department head.

For Satoru Iwata, who just graduated, this is not only a pressure but also a motivation.

It is well known that he is obsessed with games, and he officially joined HAL directly after graduating from Tokyo Polytechnic University.

For this reason, he had a big fight with his father, who was not the mayor of Muroran City, Hokkaido.

Like many traditional parents, he absolutely cannot tolerate his son engaging in what they consider to be an unprofessional gaming job.

Returning to Hokkaido is the right way to inherit his legacy.

It is foreseeable that the radically different values ​​​​of father and son will definitely lead to fierce conflicts.

When the trouble was at its worst, Iwata was so angry that he almost planned to live in Tokyo forever and never return to Hokkaido.

Initially, Benikawa Kaede personally called Iwata Hiroshi, and Iwata's father persuaded him to agree to Iwata's appointment at the HAL Research Institute.

I have to say that the name of Hongchuan Electric is very popular, especially in Tohoku and Hokkaido.

Hiroshi Iwata was still stubborn at first, but after learning that Kaede Benikawa personally hired Satoru Iwata, he recognized the fact that his son was engaged in the game industry.

It’s not that he recognized the prospects of the gaming industry, but Hong Chuanfeng’s reputation won his approval.

When he thought about it, it was worth the call from the founder of Hongchuan Electric to persuade him, so that job must have been really highly sought after.

Is the vision of a well-known entrepreneur very persuasive?

Finally, Satoru Iwata gained support from his family and now serves as the head of the computer game department at HAL Research Institute.

At this moment, when he heard Hongchuan Feng's inquiry, he immediately walked away.

To be honest, there were so many senior leaders outside the conference hall, which made him a little bit nervous, but of course he was also excited.

“In addition to preparing to launch home game consoles in the first half of the year as planned, they are also in contact with third-party game developers.

Several clubs have already expressed interest and a preliminary agreement is expected to be reached after the year."

The development of home game consoles was also placed to the east of the computer game department by Hongchuan Kaede.

After all, when it was first promoted, could the home game console have another name called "home computer"?

As for why we call it a "home computer" even though it's clearly not a game console, it's just something different.

In addition, it is much easier to use that name to defraud money from parents.
To be continued...