Chapter 329 Time is really worth the price of gold
"Yes, President!" Rin Chihara is a boss, so he will naturally obey Shintaro Yasuda's orders and report immediately: "According to preliminary estimates, the total assets of Kanto United Television are between US$4.5 billion and US$7 billion."
Between 4.5 billion and 7 billion?
Chihara Rinto frowned. The Japanese yen is currently affected by the financial crisis and continues to depreciate. Compared with the first half of the year, it has depreciated by more than 10%, and the fluctuations are relatively severe. Therefore, the US dollar used by Shintaro Yasuda for valuation, which he
It's understandable, but how did you estimate the value? Why is the difference almost doubled?
Are there no actuaries these days? It took nearly a month and generous remuneration, but finally this result came out?
He suddenly felt unhappy, his tone became serious, and he said sternly: "Don't you have an accurate number?"
"I'm sorry to disappoint you, please forgive me!" Shintaro Yasuda, in line with his workplace habits, apologized first and then explained: "But Kanto United Television has a large number of intangible assets, and it is very difficult to calculate an accurate value, and now Kanto United
Higher-level companies have been greatly affected by the financial turmoil, and this factor has also caused great deviations in valuations. Even because you were Taiwan... Well, because of the normal change in your position, many professionals have doubts about Guandong United's performance.
There will also be considerable differences in future market share."
It’s difficult for him, too. Kanto United Television is not a listed company, so it’s really hard for him to calculate how much a share is, and it’s really hard to calculate the value of some things – how much is more than 90 million viewers worth? How much is a public broadcasting license worth?
How much is it? How much is a brand that has been in business for more than 20 years worth? How should the value of a contract with thousands of professional employees be calculated?
If Shan Senhara Rinto's one-year usage rights were put up for auction, the Big Four would probably be willing to spend hundreds of millions of yen, right?
In addition, the equity of Kanto United is also a mess. For a local TV station, the equity is complicated enough. There are several mysterious shareholders, and five small Tokyo TV stations have been merged. There is a lot of mess, and then there are
It received capital injections from newspaper groups and banks, and then conducted cross-share swaps in varying proportions with franchised stations, leasing retail channel companies, and radio stations under the same group. It also holds multiple audio-visual publishing companies, music production companies, and animation companies.
The studio, the controlling stake of the camera equipment manufacturer, and the subsidiary company have also purchased the shares of the headquarters. They have even conducted "directed reservation equity subscription" fund-raising on many occasions due to insufficient funds. It is not clear who subscribed.
There is also land. Guandong United also holds a lot of real estate properties, which were brought about by previous mergers. Some have been sold, but many are still in their hands...
The financial turmoil has had a huge impact on Daiichi Bank, which is related to Kanto United, and these potential factors must also be taken into account.
Overall it's really a mess, I don't even dare to draw a connecting diagram, it would make a normal person vomit.
Of course it would be easier if the company was listed, and the market would naturally give it a market value. But now that it is not listed, and it is such a mess, we can only rely on guessing how much Kanto United is worth - it is because he is too serious and has invited many experts to calculate together.
As a result, not to mention Kanto United itself, the value of some of its small companies is highly controversial. Some people are optimistic and some are not optimistic. In the end, we can only summarize such a hugely different number.
Qianyuan Rinto was silent for a while, then pondered: Is this number reliable?
Before he traveled through time, TV stations like Tokyo Broadcasting System, Fujisan and other corresponding TV stations were basically listed on the market, but he really didn't care about the market value. The only one that had some impression was Fuji TV under Fuji Sankei, because it involved "vitality"
I seem to have seen the market value in a news report. At its peak, it was about 900 billion yen. According to the exchange rate at that time, it was worth almost 8.6 billion U.S. dollars. However, after the listing, the market value naturally expanded. The real assets should not be
It is worth 8.6 billion U.S. dollars. It seems impossible to say that Kanto United is worth 7 billion U.S. dollars...
After all, the gap between ranking third and ranking sixth is quite obvious!
I can’t remember the market value of the Big Four, but I have an impression of Sony’s market value. It should be more than 70 billion US dollars and 8.5 trillion yen. The sixth largest TV station in Japan should not be worth Sony’s 10
%?
Is $4.5 billion more reasonable?
Or should we take a middle value, with Kanto United worth about US$5.7 billion? Or should we be more lenient and calculate it as US$7 billion. After all, the valuation of Fuji TV at that time was the end of the golden age of television. Now the TV station
The business is still generally optimistic, and the shares will naturally have a premium. It is not impossible for the shares to exceed double the actual value...
If we first calculate it based on US$7 billion, 5% of the shares would be US$350 million. It’s really expensive!
If you don’t count the income brought about by the financial crisis in Japan, which has not yet been settled, then your current funds are only more than 30 billion yen, which is less than 300 million yuan converted into US dollars. This is five consecutive years.
Can’t even get it?
More than 20 years ago, the registered capital of Kanto Economic Television was only a few tens of billions of yen. However, it has become so valuable in more than 20 years? It has expanded more than ten times after becoming Kanto United?
Sure enough, every inch of time is worth an inch of gold, time is really worth gold, mmp! I am more than twenty years late, so I have to pay more than ten times more?
Chihara Rinto didn't speak for a long time. Shintaro Yasuda was unsure on the other end of the phone and asked tentatively: "President, do you want me to read you the project and data in detail?"
"No need, I'll look back on those myself. Thank you for your hard work. You did a good job." Qianhara Rinto was about to hang up the phone and no longer cared about the report - he had a specialization in the industry, and he didn't know how to proceed if he was asked to do the calculations.
It's enough to have a rough conclusion. If you have time to read the report, you might as well think about what to do.
Shintaro Yasuda quickly said: "Please wait a moment!"
Qianyuan Rin said absently: "Is there anything else?"
"Well, the company has basically been settled. Do you have time to come and inspect it?" Shintaro Yasuda began to ask cautiously. Rinto Chihara is now a rich man with a net worth of tens of billions. The amount of investment is quite large, so he naturally needs a lot of investment.
It is natural for employees to take care of it and establish an investment company. Otherwise, many things will be difficult to deal with. Now Shintaro Yasuda hopes that the big boss, Rinto Chihara, can come to the company and have a look. It would be better if he can sit in the president's room and be the mascot for a few days.
.
But Chihara Rinto didn't have that leisure. Soon he was going to turn the company into an empty shell. Without looking at it, he said casually: "No need, I trust you."
Shintaro Yasuda, an ex-convict, was slightly moved and said quickly: "Thank you for your trust. I will try my best to do a good job." After a pause, he hesitated and said: "There is another private matter, which is a bit presumptuous. I don't know whether I should do it or not.
explain……"
When it came to private matters, Chihara Rinto became serious. Shintaro Yasuda was his important subordinate. When it was time to win over people's hearts, he had to win over people's hearts. He immediately asked: "Is there anything embarrassing? Just tell me!"
"Well, my ex...my wife wants to treat you to a casual meal, I don't know?"
"Are you remarried?" Qianhara Rinto was really surprised this time, it was too sudden!
"This... not yet, but after I became the president, my wife no longer seems to object to remarriage. She also allowed me to bring my daughter back to stay for a while. Sometimes she... she will come over." Shintaro Yasuda said with a tone of voice.
Some relief and some gratitude: "Teacher Qianyuan, if it weren't for you, I would have become a lonely ghost a long time ago. I wouldn't be here today. My wife also understands this and is equally grateful to you. If possible, I hope you can spare some time.
Let us express our feelings. Of course, it would be even better if Miss Hakuba, Hitomi and Michiko-chan are also willing to show their appreciation."
Chihara Rinto instantly recalled the scene when he fished Yasuda Shintaro out of the river. He felt something in his heart and said sincerely: "Congratulations, Yasuda-san, your dream has finally come true."
It’s not easy. I had a stain on my past life and was forcibly divorced while I was in jail. Logically speaking, I should hate my wife, but I insisted on persisting for so long that my wife changed her mind again.
Maybe this is true love? Or do you think that you made a mistake in the first place that caused the marriage to fail? That's why you always insist on making up for your wife and daughter?
People are really complicated, but it is indeed a good thing that Shintaro Yasuda can get what he wants.
Shintaro Yasuda may have recalled that time, his voice was a little blurry, and he seemed to have lowered his head on the phone: "This is all thanks to you, please be sure to let our whole family express our gratitude!"
Qianhara Rinto didn't refuse much. He really wanted to have a meal together. He felt that even if he wasted some time, he should, so he smiled and said: "Although it is not necessary, Yasuda-san has helped me a lot, and I have always wanted to thank you. Then
It would be nice for the two families to meet."
"That's great. What time do you think is suitable?"
Qianhara Rinto pondered for a moment: "How about tonight?" His girlfriend might be about to be tortured to death by her mother-in-law at home, so it would be a good idea to take her out to socialize and hide away at night, which is killing two birds with one stone.
Shintaro Yasuda naturally had no objection. He originally planned to use Rinto Chihara's time and immediately said: "How about I send the address to your mailbox at seven o'clock tonight?"
"That's it, congratulations again, Yasuda-san!"
Chihara Rinto ended the call, looked at the phone and smiled, and then his face became serious again.
Benevolence is rewarded, the subordinates' wish came true, and the whole family was reunited. It was indeed good and gratifying, but he was not a sentimental person by nature. He was relieved for Shintaro Yasuda for a moment, but his mind immediately returned to the issue of money.
——The prediction came true. The money now is really not enough. It is only enough to buy 34% of the shares. It is not a big voice.
Maybe in another year or two, when the financial turmoil and financial crisis are completely over, I can have enough money, but will it be in time?
He didn't want to be in the basement, and Shiga Ayuya wanted to be the director of the station. How could he wait so long before starting to plot to dilute the equity of the bank faction and the newspaper faction?
According to Shiga Ayumu, the newspaper and First Bank control at least 33% of the shares of Kanto United, which means they have too much say. They must be diluted to the scale of about 20% of the Tokyo Broadcasting Corporation's superior newspaper. Then he will have to find ten
An investment of two billion US dollars is enough, but he doesn’t have that much money. Can he agree to cooperate?
Or just eat a portion, but with such a good opportunity, it would be a pity to miss the bulk!
We need more money, as much money as possible. There will be no such store after passing this village!
Qianhara Rinto frowned and started walking in circles in the office. What the hell was it that he was making more and more money, but had less and less money to spend?
In more than two years, I made almost 300 million US dollars from scratch. I thought it was already very powerful, but I didn’t expect that it would be useless in the capital market. It would have been better if I had more capital at the beginning, but now
The money must have been many times more, so he wouldn't have to worry so much. It's a pity that the original owner was a very poor man, and he only had one suit at the time.
He didn't even move his lunch box. He was either walking around in circles in the office or staring at the mottled walls of the office in a daze. But until he finished his class in the afternoon, he still couldn't think of any good way - making money through the Southeast Asian financial turmoil was his way.
The best way he could think of was to find another way to make money and make a lot of money. He couldn't think of it.
At a little past four-thirty, he left a lot of homework for Yoshizaki and others, grabbed Konoe Hitomi, patted his butt and left, planning to go back to pick up Ningzi, prepare gifts, and go to Yasuda Shintaro's house for dinner——
He was still thinking about this problem along the way, and from time to time he was distracted by the second wave of idol industry, which meant that he was not driving, but he had been in a car accident.
He entered the house uneasily, and was about to see how his girlfriend looked. When he looked up, he saw boxes, clothes, and several unknown people on the floor in the living room. It was suspected that employees of the White Horse family had brought them.
There were so many things that I was stunned.
What's going on? The mother-in-law-to-be thinks her daughter is so disappointing that she wants to live here forever to train her?