Sumitomo Takahiro, who hadn't spoken much, suddenly stretched out his right hand, picked up the wine glass and stood up. He faced Masao Ishihara and said, "Congratulations to Chairman Ishihara for successfully acquiring a 10% stake in Mitsubishi Heavy Industries. ”

Masao Ishihara first smiled and said "thank you", and then raised his right hand unhurriedly and motioned down for the other party to sit down and speak.

Sumitomo Takahiro, who sat down again, said with a serious attitude of seeking advice and learning: "President Ishihara's move must have a deep meaning!" I hope you can tell me about this junior. ”

Masao Ishihara said bluntly: "If the H3, a disposable liquid-fueled rocket developed by JAXA and Mitsubishi Heavy Industries, had not failed to launch, it would not have caused Mitsubishi Heavy Industries' stock to plummet."

For me, this is a good opportunity to buy on the dip in the secondary market. Before that, I wanted to take a direct stake in Mitsubishi Heavy Industries, but I was refused. ”

He paused intentionally when he said this, looked at his youngest son with a smile, and then said, "Hiroki, guess what I'm going to do?" ”

Hiroki Ishihara replied in a serious manner, "We don't have a single heavy industry project in the entire Karuizawa Group's business. Heavy industry is one of the most typical investments with high risks and long return cycles.

Generally speaking, private companies are reluctant to engage in such an area. Even the top five chaebols in South Korea today were forced by Park Chung-hee to engage in heavy industry in the early years.

Even Japan's heavy industries were developed under the strong support of the previous Japanese government for the major chaebols. Otherwise, heavy industry often has to be run by the state itself.

It would not be impossible for the Karuizawa Group to start from scratch and engage in heavy industry on its own. In terms of funding, we are not short of money. However, one of the biggest issues is time.

Directly participating in the ready-made ones like this, that can greatly reduce the time. Dad, I'm assuming you're going to make a big push into heavy industry. ”

Ishihara Masao looked at his second son again and said, "Hideki, what do you think?" ”

Hideki Ishihara smiled slightly: "I think Dad, you are not so much interested in heavy industry, but rather interested in future commercial rocket delivery."

Commercial rocket delivery is a big business in the future, with a large market of more than one trillion yuan. If this can be successfully laid out in advance, then it will be a huge gain in the future.

As for the companies in Japan that can really afford to carry commercial rockets, there are only a few companies. Relatively speaking, Mitsubishi Heavy Industries is not only famous, but also has many businesses.

In addition to being able to develop commercial rocket carriers, it is also capable of producing fighter jets, ships, tanks, missiles, artillery, combat vehicles and much more.

My guess is that the reason why you will favor Mitsubishi Heavy Industries is mainly because you like it to be able to carry out a bloodbath from many other aspects.

After all, launching a rocket is not only risky, but also costly. As far as I know, the H3 rocket cost 200 billion yen in the early stages of manufacturing.

The goal is to cut the future launch cost of the H3 rocket to 5 billion yen. This time, the failure of Japan's H3 rocket not only lost a minimum of 5 billion yen, but also lost a 28.2 billion yen Dachi-3 satellite.

Together, the two lost at least 33.2 billion yen. Counting the 200 billion yen invested in the early stage, that is 233.2 billion yen that has been dried.

Of course, if the H3 rocket is successfully launched, then there will be a steady stream of orders for commercial rocket launches. The first is the cost advantage. The cost of the H3 rocket's 5 billion yen is roughly $38 million when converted into US dollars.

That's a full $20 million cheaper than the $58 million Falcon 9 rocket of Musk's American SpaceX.

In addition, in the history of mankind, the time of war is far greater than the time of peace. There is the Russia-Ukraine conflict, the Sudanese civil war, and the Yemeni civil war...... In short, there is no shortage of places to sell weapons.

The various provisions restricting Japan's arms exports have long since ceased to exist in name only. Aside from morality, the arms business is also a business.

Not only Japan's Mitsubishi Heavy Industries is doing it, but also Sumitomo Heavy Industries, Kawasaki Heavy Industries, Ishikawashima Harima Heavy Industries, etc. are also doing it.

The most famous German arms company is Krupp, and the most famous American arms company is General Electric. Even if our Ishihara family ends up and sits at that table, it's nothing.

I just don't understand, why did Mitsubishi Heavy Industries agree to join Dad? It stands to reason that they won't be short of money. ”

Masao Ishihara explains, "It's not easy to quietly buy a stock on the secondary market. No matter how cautious you are, you can't guarantee that you won't leak the news.

In particular, stocks like Mitsubishi Heavy Industries will be firmly targeted, after all, there are not only civilian products, but also military products.

If it weren't for my combination of hard and soft, how could that old guy agree to let me sit at that table. I've made up my mind.

If they don't let me get my wish, then I'm going to invest in Mitsubishi Heavy Industries' old rivals. This includes Sumitomo Heavy Industries, Kawasaki Heavy Industries, ...... Otherwise, I'll increase my investment in Musk's space exploration technology company.

Anyway, I have had a lot of in-depth cooperation with each other a long time ago. Whether it's Tesla cars, or the research and development of lithium batteries, there is investment in those important minerals needed for lithium batteries. ”

Sumitomo Takahiro listened to a clear and tentative question: "Chairman Ishihara, if you want to invest in Sumitomo Heavy Industries, and our family doesn't let you invest, will you also be soft and hard?" Instead of using Mitsubishi Heavy Industries as a bargaining chip? ”

Masao Ishihara smiled and said, "You can only understand, not speak." With my joining, none of you will suffer. I'm just a pure business operation.

What's more, it is too normal for companies to cross-hold shares with each other. Related day-to-day operations, R&D or something, it's not just how to do it.

Even the cooperation between enterprises and enterprises is also a common thing in business operations. Besides, I really love space exploration, and it's not just about making money. ”

Sumitomo Takahiro knows what he says. He knew very well that once he was missed by Masao Ishihara, he would become the other party's thing sooner or later. Unless he changed his mind.

If this is not good, Mitsubishi Heavy Industries will be encroached on little by little in the future, and it is unknown if it will be forced to change its name to Karuizawa Heavy Industries. However, as long as he doesn't miss Sumitomo's house, that's fine.

He thought about it again, if the Iwasaki Shokai of the Iwasaki family of the Mitsubishi Group can successfully marry Nao Ishihara home, it can be regarded as a city for the Iwasaki family.

(End of chapter)