Reborn Tokyo Golden Age.

Chapter 252 Bai Chuan-san, are you interested in Aihua?
An hour later, Kaede Shirakawa, who had greeted Nakajima Heitaro's office before, welcomed him again.

"Oga-san" Bai Chuanfeng, who had just arrived here, saw that Norio Oga had already prepared coffee in the reception area.

"Bai Chuan-san, please forgive me for taking the liberty to invite you here." Norio Oga stood up, put on a smiling face and shook hands with him.

"I am very happy to be able to communicate with Da He Sang." It was not the first time we met him, and Bai Chuanfeng was also much more casual.

Ohe Norio couldn't help laughing at Bai Chuanfeng's slightly teasing compliment.

"Bai Chuan-san often has amazing words, and Bai Chuan Electric's creativity also often has amazing moves."

After the two parties sat down, Ohe Norixiong took the lead in praising Baichuan Electric's recent actions.

"Baichuan Electric is just trying to keep up with Sony's footsteps, and your research and development capabilities are beyond the reach of Baichuan."

Although he didn't know what Ohe Norio was asking him for in such a hurry, Bai Chuanfeng was not in a hurry to ask.

"Shirakawa-san is too modest." Norio Oga waved his hand, "Shirakawa Electric gave Sony a lot of inspiration in terms of creativity."

This sentence is not a deliberate compliment from Oga Norio, but that Shirakawa Electric has indeed attracted Sony's attention in some aspects.

For example, some practical small functions on the Walkman, the implementation method seems not difficult, but the difficulty is the idea.

"Your company is not only amazing in terms of creativity, but also impressive in terms of cost control."

Bai Chuanfeng concentrated a little, he knew the meat scene was coming.

"In the final analysis, Baichuan Electric is too weak, and we can only sink into the market to catch people with weaker spending power."

Currently, Shirakawa Electric and Sony don't have much competition in the low-end market, so Shirakawa Feng doesn't mind discussing this topic with Ohga Norio.

However, Norio Oga sighed after hearing Bai Chuanfeng's exclamation.

"What Bai Chuan-sang said, I can understand a thing or two.

After all, Aihua also set foot in the low-end market, but now it is full of difficulties. "

Come, Bai Chuanfeng was refreshed.

"Big He Sang, you asked me to come here today, is it...?"

Now that the topic has come to this point, Bai Chuanfeng simply cut to the chase and clarified the topic.

Dahe Norio nodded and confirmed Bai Chuanfeng's guess, "I think Bai Chuan-san has heard about Aihua's matter, right?"

"Know a thing or two," Bai Chuanfeng nodded calmly.

Nonsense, in the North American market, Bai Chuanfeng prepared a big gift for Aihua.

He is very clear about how Aihua will end up in the end.

It is said that Aiwa stocked millions of Walkmans in the last batch, but it is estimated that not even one-tenth of them could be sold in the end.

Shirakawa Electric has made internal calculations, and there is a backlog of hundreds of thousands of units.

Even if operating costs are not counted, Aihua will lose at least 50 billion yen or more just for material consumption.

In the local market, Aihua's Walkman was also attacked by Shirakawa Electric.

Although it is not unsalable, the market share is now pitifully small.

It can be said that Aihua’s Walkman business came out for the second time, and was once again aborted by Shirakawa Electric.

Although the matter was done, Bai Chuanfeng still looked like an outsider on the face.

In the Naton operation in North America, Baichuan Electric has been hiding behind the scenes.

All are contacting local snakes through unconventional means to ensure the step-by-step implementation of the plan.

In addition, Aihua does not have a mature operating system in North America. Although it is known that it is related to racial conflicts, it has not yet figured out what the details are.

As for Baichuan Electric, of course it is very innocent now.

When Norio Ohe and Bai Chuanfeng mentioned Aihua, they were not aimless.

"Aiwa made some mistakes in its judgment on the Walkman business.

Now the business situation is a little setback, I don't know..." Norio Oga leaned forward slightly, "I don't know if Shirakawa Electric is interested in Aihua? "

Um? !Bai Chuanfeng blinked his eyes, he wondered if he heard it wrong.

Is Baichuan Electric interested in Aihua?this…

"Da Hesang, what do you mean...?" Bai Chuanfeng's shining eyes were full of curiosity.

Are you interested?Cough, I still have a little bit of interest.

"Bai Chuan-san must also know about Aihua's recent performance in the stock market.

Some shareholders on the board have lost patience with Aihua. "

Aihua is a listed company in Japan, and its business performance is sometimes directly reflected in the stock market.

Last year, because of the plagiarism of Shirakawa Electric, the stock price has plummeted once.

At that time, although Aihua's reputation was not very good, it only compensated Shirakawa Electric for about 5 million yen.

Because the foundation is still there, the shareholders behind the scenes have no plans to sell on a large scale.

But Aihua once again stumbled in the Walkman business this year, and caused a loss of billions of yen.

This is completely unacceptable to shareholders. It doesn't matter if you have a bad reputation, but it doesn't matter if you lose money.

So this time Aihua's stock price fell again, and some members of the shareholder meeting lost their patience.

Bai Chuanfeng understood what Dahe Norio meant, and he wanted to ask himself to take over.

"Dahe-san, forgive me, Aihua and Baichuan Electric have a lot of overlap in business.

Strictly speaking, it is considered a competitor, so if Baichuan Electric holds shares in Aihua, is it inappropriate? "

Both are audio equipment manufacturers. In addition to Walkmans, Shirakawa Electric will launch audio products soon.

This part is also within Aihua's business scope, so the two are indeed out-and-out competitors.

Competitors have mutual shareholdings. No matter how you look at it, it is strange. This is love and killing each other?

"Shirakawa-san is too worried." Norio Ohga had a different view on this, "Sony and Aihua are also competitors, but Sony also holds shares in Aihua.

This is a healthy competitive relationship and will not affect each other's business, or there will be bad interference. "

Bai Chuanfeng pouted secretly, Sony is the absolute controlling shareholder of Aihua, so of course they are not afraid of Aihua's competition.

Even as long as Sony is willing, if Aihua has any black technology, it can be seen on Sony's products immediately.

But after Bai Chuan Electric took over, could Bai Chuan Feng do this?Without even thinking about it, Sony was the first to say no.

Bai Chuanfeng turned his eyes, thought for a few seconds, and then asked, "How many shares are there for Aihua?"

Norio Oga cheered up, "5.3%, if Bai Chuan-san is willing, all of them can be transferred to Bai Chuan Electric."

5.3%, according to Aihua's current market value of about 300 billion yen, this is an investment of 16 billion yen.

Aihua's market value last year was initially close to 400 billion, but after more than a year of tossing, it is currently only barely maintained at around 300 billion.

Who is responsible for the evaporated 100 billion yen, Bai Chuanfeng knows, but he doesn't say.

Seeing that Bai Chuanfeng was still pondering, Dahe Norio bewitched again.

"This transaction will be completed directly within the shareholders' meeting, and there will be no dissenting votes. Regarding this, Bai Chuan-sang can rest assured."

To be honest, Ohe Norio's own opinion of Aihua is like a chicken rib, it's a pity to eat it without taste and throw it away.

Losing the Walkman market, Aihua has no financial highlights worth mentioning.

Recorders, radios, microphones, audio equipment, etc., after all, the market is limited, and some are still sunset industries.

Moreover, Sony has all these businesses, and it does it better than Aihua.

So he is not very interested in Aihua's shares.

However, shareholders cannot be allowed to sell shares. Once a sell-off wave forms at such a stall, Sony itself will lose the most.

If you are not interested, and you cannot continue to let the stock price plummet, then it is the most appropriate way to find someone to take over the offer.

Who to take over?Of course it was that Bai Chuan Fengsang.

First of all, Baichuan Electric's reputation is not bad, as long as the other party officially becomes a shareholder.

Then when Aihua releases the announcement, I believe shareholders will regain confidence in Aihua.

Second, the scale of Shirakawa Electric is just within the tolerance range of Sony. If it is Panasonic or Hitachi, Norio Ohga really dare not let the other party enter the game.

So after thinking about it, Bai Chuanfeng in front of him is more harmless to humans and animals.

Bai Chuanfeng, who is harmless to humans and animals, was running fast in his mind, and began to think about the gains and losses of investing in Aihua.

His judgment on the future of Aihua is similar to that of Norio Oga. If there is no Shirakawa Electric, Aihua may still be able to make a difference.

But now, its future is almost visible.

"Da Hesang, Baichuan Electric can take over the 5.3% of the shares, but I also have a request."

Although Bai Chuanfeng is not optimistic about Aihua's future, he also has his own ideas.

"Bai Chuan-san, please tell me." Seeing that Bai Chuanfeng was willing to make an offer, Oga Norio immediately expressed his welcome.

Talking about something is fine, but refusing is the worst case.

"Baichuan Electric will take over this part of the shares, but at the same time Aihua must sell the sound team to Baichuan Electric."

Hearing the conditions offered by Bai Chuanfeng, Norio Ohe gave him a meaningful look.

Why did Bai Chuanfeng only ask for the sound effects team?Because Baichuan Electric lacks this background.

Bai Chuanfeng often hears his own sound engineer, Da Mu, complaining in his ears that more audio technology talents are needed.

Dolby sound effects and stereo noise reduction technology are all mentioned by Oki to him from time to time, and they are relatively weak technical links of Baichuan Electric.

Damu has also been very fond of the sound effects technologies of various companies. Among them, Aihua’s Dolby B, Dolby C noise reduction system, dynamic super linear bass system (DSL), and five-segment EQ (equalizer) tuning technology have made Damu envious. No way.

Now that there is an opportunity, Bai Chuanfeng of course wants the lion to open his mouth and win it in one fell swoop.

Although these technologies cannot be said to be monopoly, everyone also has their own unique skills.

Shirakawa Electric needs these technologies to repair itself, and the hardware development of Walkmans will definitely encounter bottlenecks in the next few years.

So when the time comes, what each company will compete for is their own internal strength, that is, their attainments in audio technology.

Therefore, Bai Chuanfeng is also planning for a rainy day. In a short time, Bai Chuan Electric may be able to take the lead with creativity, but the future is not certain.

Moreover, these technologies can also be applied to future CDs and audio equipment, which can be described as a real effort at the bottom of the box.

So does Norio Ohga understand this truth?
(End of this chapter)