Chapter 1070 Meeting (End)

"How about naming the new group company Seven&I Holdings?" Jiang Yan was too lazy to think of a name for the new group, so he just used a historical name.

"All the shares of the new group are registered in Datang International Investment Company. Of course, the company will not interfere with your operations, so you have a lot of autonomy in the new group company." Jiang Yan said.

Don’t employ people you doubt, and don’t doubt people you employ. This is Jiang Yan’s attitude.

Historically, Toshifumi Suzuki was the chairman and CEO of 7-Eleven. It has 33000 stores around the world and total sales of 8 trillion yen. Jiang Yan hoped that now that he had given him such a big stage, he would be even better than before. The better he developed the company, the more money he would make, right?

Also, after our country's reform and opening up, many foreign companies have used the brand of our flower-growing country. Jiang Yan is also capable of using someone else's trick.

"Mr. Suzuki, I know that many of the products sold in 711-Eleven convenience stores are our own products. What I mean is that these products have a lot of profit. Why don't we open a food company like this ourselves so that we can control the quality of the food."

711 convenience store, although this store is small, it is extremely powerful and has multiple functions. The expenses of Foot Basin Chicken, water and electricity bills, and even withdrawing money can be completed here. Moreover, the bento culture of Foot Basin Chicken has been inherited very well by them. According to the information collected by Jiang Yan in later generations, the sales of oden and various bento in the entire convenience store alone account for almost 30% of the total sales.

"For Jiaobenji, investing in a food company is very cumbersome, not to mention the cumbersome procedures. There are also various inspections that come one after another, and the profit of bento is quite low. It is entirely based on quality. Moreover, our current distributors are quite happy to cooperate with us. If we build such a factory ourselves, the manpower and material resources consumed will be somewhat uneconomical." Toshifumi Suzuki spoke directly.

"I understand that the reason why the profit margin of this kind of food is very thin is entirely because the labor cost of making chicken feet is very high, and the price of food is also very high, especially the price of rice, which is almost twice the international price."

The reason why the price of chicken is high is entirely because of the agricultural cooperatives. It has to be said that the agricultural cooperatives of chicken are the most successful in the world. Japan is relatively poor in resources, with mountains and hills accounting for about 80% of the total area and cultivated land accounting for about 13.5% of the total area. Japanese agriculture is a typical small-scale farming model, with an average cultivated land area of ​​1.47 hectares per household, and agricultural operations are based on scattered and small farmers.

Therefore, the Agricultural Cooperative was born. As a circulation intermediary representing the interests of farmers, the Agricultural Cooperative supports the development of modern agriculture in Japan. It has established a huge network in Japan, providing farmers with a full range of services and guarantees in production, sales, credit, insurance, education, medical care, rural public facilities and agricultural production technology guidance.

However, the Agricultural Cooperatives are also mass organizations, farmers' groups and cooperatives. They not only represent the interests of farmers to make comments and suggestions to the government, but also provide guidance to farmers in all aspects. Therefore, the Agricultural Cooperatives of Japan are not only economic organizations, but also have the dual functions of assisting the government in implementing agricultural policies and making suggestions to the government on behalf of farmers, thus having the nature of a "political group". Whether in terms of economic radiation or political influence, the Agricultural Cooperatives play a pivotal role in Japan's agriculture and rural areas.

However, everything has two sides. While it promoted the entire foot basin chicken agriculture, it also played some negative roles. In particular, it promoted the idea of ​​"body and land are one" just like the neighboring country South Korea. Therefore, any agricultural product imported into foot basin chicken needs the approval of the Agricultural Cooperative Association. This is why the price of foot basin chicken agricultural and sideline products remains high.

"The flower-growing family next door is currently undergoing reform and opening up. The labor costs and food categories there are much lower than those of the chicken in the basin. What I mean is that we can set up some production of food with a longer shelf life there to sell to the chicken in the basin, so that our profits can be doubled." Jiang Yan directly said what he was thinking. He is now trying his best to attract investment to the country. In the future, 711 convenience stores will be blooming all over the world. With his help, many jobs can be created in China.

"But the food inspection requirements for Foot Basin Chicken are quite strict." Suzuki Toshifumi said after thinking for a moment.

To be honest, he was somewhat tempted by what Jiang Yan said. He knew that the other side had vast land and abundant resources, and could produce all kinds of agricultural and sideline products, which were completely incomparable to the foot basin chicken. Moreover, the labor cost was not high. Perhaps the products produced here, plus the shipping cost, could also make a considerable profit.

"Now, Xueyue Co., Ltd. has established some factories in China that produce specialty products, such as truffles and mushrooms. These products are sold in major domestic markets and are selling very well. Xueyue Co., Ltd. is also a company under Datang. We can have their green food delivered to our convenience stores for sale, which can increase the number of products in our convenience stores."

Xueyue Co., Ltd. is the former Kudo Co., Ltd., which originally started out as a logistics company, but in recent years it has shifted to importing specialty vegetables from flower growers, and has made a lot of money in recent years. He never imagined that Xueyue Co., Ltd. is a subsidiary of Datang. This also made him see the strength of Datang once again. With such a company as his backing, many of his plans can be carried out.

"The food imported to our Jiaobenji is strictly inspected according to our Jiaobenji inspection methods from the time it leaves the factory. Perhaps we can also establish our own inspection center in Zhonghuajia."

"Let me put it this way! The entire Flower-Growing Family is a large blank market. This market is much larger than the Flower-Growing Family. After we stabilize the basic base of Foot Basin Chicken here, we can then develop towards the Flower-Growing Family." Jiang Yan then drew another huge pie.

However, each country has its own national conditions. The success of 711 convenience stores in Jiaobenji is also due to its own particularities. But if it is transplanted to China, it will not work without changes. After all, there is no bento culture like Jiaobenji in China. And breakfast. There are very few breakfast shops on Jiaobenji Street. Basically, people eat at home. Some people who do not have time to make breakfast basically eat in these 24-hour convenience stores. Therefore, the rice balls, sushi, sandwiches, oden, fried chicken steak, steamed buns, instant noodles, etc. in the convenience stores are also another profit growth point for 711 convenience stores.

"Our imported food is cheap, so we can lower our selling prices appropriately. As far as I know, the overall economic environment is not good now, the stock market is falling, and many companies have gone bankrupt. Now many people are tightening their belts. Lowering the prices of our convenience store food can also increase our popularity and make small profits but quick turnover."

"Mr. Jiang has considered everything very comprehensively." Toshifumi Suzuki felt that he had been convinced by Jiang Yan. As expected, every successful person is not simple. He felt that if he continued according to his ideas, the profit would be more than when he was the general manager.

This time, Suzuki Toshifumi was completely conquered by Jiang Yan, and he became more humble, so he fully accepted Jiang Yan's opinions.

(End of this chapter)

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