Wang Yaocheng lit up the cigar and took a deep breath, then slowly exhaled it, letting the strong smell of cigar smoke linger in the study room. He felt that his mind was analyzing the pros and cons in an instant, and finally made up his mind.
It seems that Japan is still going to have a go in the near future. The main target is Shin-Etsu Chemical, which is owned by Mitsui Consortium. It would be better if Sumitomo Chemical can be negotiated together.
This matter cannot be delayed any longer and should be carried out as soon as possible.
Shin-Etsu Chemical Industry Co., Ltd. is the world's largest supplier of silicone and a well-deserved upstream raw material giant in the semiconductor industry. It produces high-quality PVC, organic silicon, semiconductor silicon, electronic functional materials and chemical materials. Its products are outstanding worldwide.
reputation.
As early as 1939, Shin-Etsu Chemical Co., Ltd. began to produce silicon products. In 1967, it entered the high-purity rare earth industry. In 1979, it began to enter the quartz synthesis industry.
After the rapid development of the Japanese semiconductor industry in the 1980s, Shin-Etsu Chemical Company now controls most of the world's silicon production and other high-end chemical materials. Its overseas turnover is as high as 71%, and it is an important raw material supplier for the semiconductor and LCD panel industries.
business.
Shin-Etsu Chemical Co., Ltd.'s revenue in 2003 reached 1,000.7 billion yen (approximately US$8.9 billion), with a net profit margin of 14.91%, approximately US$1.327 billion. It is a very outstanding multinational chemical company.
Operating conditions have steadily improved over the years, and profit margins have always remained high, as stable as an old cow.
If we make an analogy, it is similar to Corning, which has been owned by Royal Family Fund for 150 years. They are both stable and high-quality companies.
For the Royal Fund, which holds a large amount of cash, investing in Xingyue Chemical Co., Ltd. is definitely a good deal that ensures a steady profit without losing any money. It not only ensures the security of the supply of raw materials for the core industry, but also enables stable and efficient returns.
Wang Yaocheng is not worried that the Mitsui Consortium will veto the mutual equity transaction. This strategic alliance of interests is beneficial to both companies. The key is that he is afraid that the conditions cannot be agreed upon.
I don’t want to give you what you want, and the other party doesn’t accept what you want to give. This is the difficulty of the problem.
Mitsui Consortium now has rare goods, and always hopes that the royal family fund will come up with better bargaining chips. Wang Yaocheng holds many coveted trading chips, which are enough to impress the Japanese chaebol, which is known as an "economic animal".
In other words, the Mitsui Consortium is unwilling to accept cash in transactions and prefers to hold stocks of companies with promising prospects.
As long as he brings out the bargaining chips that he likes, there's no need to worry about the big thing happening!
Judging from the news coming back from the front negotiation team;
The Mitsui Consortium has taken a fancy to Hynix, a manufacturer specializing in the production of DRMA memory chips. It has an international market share of 42.2% and is now making money every day.
The Sumitomo Foundation is interested in Atlantic Jinko, which is also a hen that can lay golden eggs and is also a leading company in the field of electronic semiconductors.
None of these little devils are stupid. They all have their sights on the best core companies of the Royal Family Fund. Their demands are just on the edge of what Wang Yaocheng can bear, but they are not too outrageous.
Wang Yaocheng took a deep breath of the cigar, and under the stimulation of nicotine, his thinking became more active, and an inexplicable smile appeared at the corner of his mouth;
Huh, I'll give you whatever you want. Wouldn't that make me lose face?
During negotiation, you must have a deep understanding of the other party's mind. It is a process of mutual compromise and seeking new solutions, rather than giving what you ask for. That is not called negotiation, just raise a white flag.
Now that the oligopoly pattern of the semiconductor industry has formed, the Japanese consortium is nothing but jealous of the monopoly profits of the above-mentioned companies, and they can make money faster than printing money, which is really envy-inducing.
Wang Yaocheng really needs to improve the upstream raw material industry chain, but he does not want to diversify his core industry holdings. He has a better idea.
Among its peripheral industries, Marvel Animation holds more than 80% of its shares, and its current market value is around US$92 billion. It is a good time to appropriately reduce its weight.
This high-quality asset has attracted countless media and entertainment industry tycoons to covet it, and Japanese consortiums will also be interested.
Wang Yaocheng's judgment is based on the character of Fusang people.
"The Chrysanthemum and the Sword", which is very representative of the Fuso people's character, is essentially a product of contradictions. They adhere to tradition but have the courage to learn, are extremely confident but obey the strong, which is a contradictory dual personality.
After World War II
I was pushed to the ground and rubbed again and again by the American daddy. I was so shocked that I completely lost my self-confidence. I developed an extremely sensitive and face-saving mentality, and attached great importance to international perceptions.
Especially the opinions of Americans can even influence government decisions.
late 1980s,
During the Fuso economic bubble period, Fuso went to the United States to purchase assets on a large scale, entering Hollywood and buying iconic assets such as the Rockefeller Building. It was at this time that right-winger Shintaro Ishihara wrote "Japan Can Say No", which fully reflected the extreme expansion and lack of
The ambivalence of confidence.
These kinds of actions are just hoping to be re-examined by Mi Dad, which is essentially a sign of lack of self-confidence.
Entering the 21st century
Fusang society has ushered in a lost decade. Seeing the US economy in turmoil, the Four Little Dragons of Southeast Asia rising one after another, and the Chinese dragon taking off economically, the people in Fusang society have mixed feelings.
Throwing out this bait, taking a stake in American Marvel Animation is an investment that has both dignity and respect. It is supplemented by a gambling agreement that guarantees a guaranteed profit and no loss. I believe that more than 60% of the Japanese consortium may accept it. Wang Yaocheng is very confident that the other party will not be able to bear it.
Take one gulp and swallow.
a few days later
Chiyoda District, Tokyo, a manor full of rich Japanese style
"Wang Sang, on behalf of the Mitsui Foundation, I warmly welcome you. We have a long-term cooperative relationship for more than ten years. The President also attaches great importance to our sincere friendship with you and will meet you after attending the Emperor's Memorial Ceremony.
.”
As an important cadre of the Mitsui Foundation, Mitsui Bank President Yosuke Kono is the executive director of the "Yueyokai". His status in the Mitsui Foundation is equivalent to that of Mo Yuxuan, the president of HSBC Bank in the Royal Family Fund, and he is the powerful assistant of President Mitsui Takacho.
Yosuke Kono is a Ph.D. in finance and international business who studied at Stanford University in the United States. Wearing gold-rimmed glasses, he looks elegant and has the appearance of a middle-aged intellectual, with a very humble demeanor.
"This is where the consortium entertains distinguished guests. Please take a rest, Wang Sang. In the evening, the president will personally entertain you."
"Hahaha, then I'll do whatever you want."
Wang Yaocheng responded with a smile and walked into the quaint and deep manor. This is the core area of Tokyo, where land is extremely valuable. It is not far from the Imperial Palace. Through the lush treetops, you can see row upon row of high-rise buildings in the distance.
There is a garden mansion here, which demonstrates the strong economic strength of the Mitsui Consortium. It is like a predator lurking under the water, showing luxury in a low-key manner.