Tokyo Literature and Art Times

   Chapter 350 Iwata's money-burning logic

   lost one billion. What the **** is going on?

   is actually quite simple.

  Iwata Movie is not listed, then, in the case of listing, it is difficult not to disclose the financial aspects.

   There are many offices in the Japanese entertainment industry, and their profitability is also very strong, but they are not listed.

The main reason for    is because of this, the finances are not disclosed, so you can better handle it and do whatever you want.

  Iwata Movie’s finances are public, and many things must be exposed.

   How much does this company make a year and how much does it lose?

   Even, someone will do the analysis specially.

   Generally speaking, as far as the fiscal year is concerned, the time does not have to be the same as the 'year' date, that is, it does not have to be the end of the year in December.

   Some are selected in the third quarter, and some are selected elsewhere.

   In short, this aspect is more professional, involving accounting and bookkeeping.

   Ordinary people really can’t understand it, but in the stock market, there are all kinds of capable people.

  Although Iwata Yinghua has not released its 1992 financial report yet, some people have discovered the problem.

   This problem is not too small.

   In other words, Iwata has problems in capital expenditure, especially in some overseas investments.

   has more than one billion yen of funds, which is quite suspicious.

   Of course, why is it suspicious? Naturally, it is because it is suspicious.

   In short, there is no good explanation, and no one has given an explanation.

   So, this gives those characters a chance.

   There is no shortage of short sellers in any stock market, unless that stock market has no way to short it.

  Iwata Movies Although the current volume, one billion yen is nothing at all.

   However, it gave those short-selling institutions like vultures a very good meeting.

  There are all kinds of rumors in this market.

  In the stock market, there is never a shortage of rumors, although modern financial practitioners are very aware of the harm of these rumors, and they have established many norms.

   However, the great Master Man said that as long as there is enough profit, then what about crime?

   Not to mention some unexplainable things.

  Iwata Movies' stock price has fallen to a certain extent.

  Although, the company has made several announcements that have been stressing that everything is normal.

   But the current Japanese economy, especially the stock market, can really be said to be panicking.

   Not many people listened at all.

   Even if you are Superintendent Takeshi Iwata, even if you can write songs, even if you look so fierce, you are always surrounded by beautiful women.

   But making money, who can guarantee it!

  The stock fell and rumors spread. What the **** is going on with this billion yen?

   Or simply put, how did you get paid?

  Is it really lost?

real!

  Iwata Takeshi didn't lie to Akina, he admitted generously, but this one lost money...

   He also really felt that he lost less.

   What the **** is going on with this money?

   is very, very simple.

   is the series of activities that Takeshi Iwata did in Netflix in the United States.

  Promoting DVDs, renting machines, and various subsidies for members.

   That's right, this kind of money is used for this kind of thing, and it seems to be a great benefit to American consumers.

   But really, it’s a… internet thinking!

  Iwata Takeshi can guarantee that at this point in time, most people cannot understand his style of play.

   And later, his approach was nothing new.

   is to burn money.

   How many internet companies have used it.

   Even later, the business has become, whoever can burn more money will win!

   Or to be more reliable, that is, you have to burn out tricks, burn new ideas, and burn so that consumers become your consumers.

   Then, you win.

   sounds simple, and it is.

   But it’s really not that simple here.

  For now, Takeshi Iwata has a very strong opponent in the United States.

   is also not the Weinstein brothers. Although these two guys are very ambitious, they still don't have enough energy.

  The U.S. was originally a video rental market. Everyone knows that. Moreover, the market is still huge, so there must have been someone here to dominate.

  It is a must.

   is really like that.

   In the United States today, the largest video rental chain is a company called 'Brock Buster'.

   This store is the lucky one with a very traditional American business model.

   At present, the company has more than 8,000 stores and tens of thousands of employees.

  The number of its members is also very powerful, more than 10 million people.

   Moreover, the number of members is still growing.

   It should be said that for such a large chain company, many people may not know what the size is.

   McDonald's was the fastest growing period, and its founders bragged about such brilliance.

   Every three hours, a McDonald's opens!

   However, at present, the number of McDonald's is not as large as the number of this video rental store.

   Of course, this incident has a lot to do with the oil crisis in the 1970s. McDonald's in the United States is closely related to oil.

  It is strange, but it is such a phenomenon that after the oil crisis, Mak Kee's store opening data in the United States has dropped a lot.

   Don't talk about these details.

   Such a huge video rental chain company can be said to be overwhelming.

   is absolutely invincible in the United States, and it is also the real capital of the Weinstein brothers who dare to fight against Takeshi Iwata.

   After all, you Iwata Takeshi is a Japanese. Although your store has many tricks and new ideas, it is still impossible to beat this giant.

   In addition, such a large-scale company is very suitable for the promotion of VCD, after all, the cost of this thing is much lower.

   Then, what should Takeshi Iwata do?

   Does he have to bow down to this behemoth?

  NONONO!

   Well, I went to the United States, and this famous Japanese supervisor can also speak English well.

   Takeshi Iwata has a way, and this way is very simple.

   There is something to learn from!

  Since he has already called this company Netflix, let’s just do it.

   Means are also learned from Netflix...

  Cough, this can't be called shameless.

   Previously, Iwata Takeshi's series of techniques were considered innovations, but not innovations.

  This is actually used by Netflix.

   But, why did it succeed! ?

  Because that Brockbuster company does not have the thinking of the Internet.

   This company, or a lot of video rental shops right now, has a huge problem.

   How the rented videotape is broken, if not returned, if there are various problems.

  Consumers, that is, their members, have to pay!

  Wait a minute, is this a problem?

   Indeed, in the eyes of normal human beings, it is indeed wrong to break the rented belt, it is indeed what needs to be matched.

   is justified.

   However, this also has a result.

  Members, consumers, dissatisfied! Not happy!

  The lost money is not cheap, it is often the deposit or membership fee.

   Let’s just say that, because the company Brockbuster is big enough.

  The annual revenue in this area is over 100 million US dollars.

   This is all you need to do while lying down!

   Whenever there is a problem with that tape, especially many Americans, they are all careless and do not pay attention to the details of these things.

   So, it's really profitable!

   But in fact, this is Takeshi Iwata's chance!

  The cost of the videotape is only a few dollars.

  Especially now, Takeshi Iwata opened the DVD era.

   Indeed, if the DVD is bought separately, then consumers really have to pay a lot of money.

   But in fact, for Takeshi Iwata's companies, this is just a CD.

  The cost is actually very low.

so…

  We don't need you to pay!

   Of course, it will be clearly written in the membership rules.

   requires compensation, but if something goes wrong, there are also a series of disclaimers.

   For example, if you have renewed your membership for another year, then this is not a problem.

  How nice.

   One-year membership is only $10!

   A DVD is more expensive than $10!

   And in this way, can Iwata Takeshi's Netflix not take off?

  The number of members is skyrocketing almost every day.

   Plus, Japanese companies do really well in terms of service.

  I'm quite restrained abroad, just like in Japan, let's say Lexus, the clerk in this kind of store, no matter what they do, whenever they talk to customers, they have to kneel.

   Takeshi Iwata doesn't like kneeling service.

  No kneeling, no one is allowed to kneel!

   But, even so, the service was much better.

   So, this billion in lost money is the addition of the previous videotape period and various subsidies.

   But this loses money...

  Iwata Takeshi is very sure that next year, he will accompany more money!

   In fact, this is the secret of Netflix’s start. When the company lost the most, it lost about 45 million US dollars a year.

  4.5 billion yen.

   On the scale of this money burn, it will definitely scare a lot of people in the moment.

   But what about Takeshi Iwata?

   Little meaning!

   Is this still called burning money?

   Later that You Aiteng burned hundreds of billions!

   What did they shoot?

   By the way, when it comes to this matter, Iwata Takeshi is currently planning the future!

   Homemade drama.

  If you are familiar with the history of Netflix, you will actually find something.

   God seems to be helping this company.

   How did Netflix's self-made drama start?

   For a year, companies like Disney broke down with Netflix.

  So, later, there was no Disney stuff on Netflix.

This is how to do?

   Do it yourself!

   So "House of Cards" appeared.

  Iwata Takeshi now he simply has an acceleration, simply ahead of schedule.

  I'm doing my own drama now, so I don't get stuck by Disney later.

   So much, so much, so profound.

   These days, even business elites may not really understand.

   You must know that when Netflix launched some of the strategies that year, the company's stock fell by 70%.

   That is to say, many people in the industry and financial experts have never seen it or understand it very well.

   Now, can Akina understand?

   I don’t understand, but that’s okay.

   Isn't it a billion yen, it's just a small amount of money.

  Good guy, Akina earned 100 to 200 million yen a year ago, but now she is with Takeshi Iwata, and the whole little rich woman is thinking.

  But...don't care.

   In short, Ming Cai is Chu Yuxun as an astronaut, and she is so excited to go to outer space.

  …

  PS: I forgot what I wanted to say, just ask for a ticket and subscribe, thank you.

   (end of this chapter)