Why was Daiichi Koye Bank willing to lend a huge loan of 6 billion yen to Shirakawa Electric and undertake the construction of its headquarters?

In addition to Ichiro Watanabe's understanding of Shirakawa's turnover, he is optimistic about its future development prospects.

Of course, I also want to pull such a potential club into my own interest group.

Ichiro Watanabe had some guesses about what Shirakawa Kaede wanted, but he didn't directly put forward specific conditions.

Instead, he asked a topic that Shirakawa Kaede didn't expect, "Has Shirakawa-san considered listing Shirakawa Electric in the future?" ”

"Huh?" Shirakawa Kaede looked up in surprise.

"Shirakawa-san" Ichiro Watanabe leaned forward slightly, "The listing of the club can obtain the most effective financing environment for Shirakawa Electric."

It can also promote the maximization of the value of the club, presumably Shirakawa-san also knows.

After listing, the market value of a company is generally much higher than its net assets. The stock is at a significant premium, and as a shareholder of the club, the wealth brought by the listing is self-evident.

In addition, the listing can also enhance Shirakawa Electric's credit and debt financing capabilities.

Banks are more willing to lend to listed companies, and the government will also support the listing of companies and give certain listing subsidies.

Moreover, after listing, Shirakawa Electric can obtain a better social status and even be recognized by international capital. ”

Ichiro Watanabe talked eloquently and analyzed the various benefits of going public clearly.

"So, if Shirakawa-san has a plan to list Shirakawa Electric.

First Quanyin is willing to operate the whole process of your company's listing process and become one of its underwriters. ”

This is the purpose of Ichiro Watanabe's preferential terms.

Although lending money to Shirakawa Electric and undertaking the construction of its headquarters is already a good deal.

But how can there be an operation to go public, and underwriting stocks will make a lot of money.

Moreover, Shirakawa Electric was listed, and First Quanyin could naturally become one of its major shareholders.

In this way, another member of the First Persuasion Bank was added, and the consortium became stronger and stronger.

Ichiro Watanabe's gaze remained on Shirakawa Kaede, waiting for his reply.

"Watanabe-san, if I'm not mistaken, it takes at least three years for a club to go public.

And Shirakawa Electric has only been established for a year and a half, so..."

Shirakawa Kaede's meaning is obvious, and now Shirakawa Electric does not have the conditions to be listed.

And he has not yet considered whether Shirakawa Electric will be listed.

Going public will indeed increase in value and wealth.

But the bubble era that followed was no joke, and almost all industries were hit.

Of course, if you want to avoid the local bubble, it is not impossible to go public in the United States like Sony.

It's just that in that case, the risk of being cut in the future will increase exponentially.

However, these are still early for the current Shirakawa Electric, and whether to go public or not also depends on the thoughts of the old employees of the club.

Everyone is with you to fight the world, aren't you looking forward to the day when the club will go public and achieve a wave of wealth explosion?

All the factors put together, quite complex, and by no means a casual decision can be made at the heart of a hot head.

Watanabe Ichiro understood what Shirakawa Kaede meant, so he nodded unhurriedly.

"Of course, the listing is not in a hurry.

However, if Shirakawa Electric has a plan to go public in the future, please Shirakawa-san must consider the cooperation of the first persuasion bank. ”

First persuasion silver has enough patience to wait for the day when Shirakawa Electric is listed.

And...

"If Baichuan Electric has a financing need at this time, the First Persuasion Bank can definitely provide sufficient funds."

If there is a need, then there is no problem with financing before going public.

However, Shirakawa Kaede shook his head, "Thank you for your support, Shirakawa Electric has no financing needs for the time being."

Of course, if there is a need in the follow-up, priority must be given to the first persuasion of silver. ”

Just kidding, Shirakawa Electric has already achieved profitability, and there is no need for financing at all.

Financing is a means to alleviate the financial pressure of the club and strive to achieve profitability.

For the current Shirakawa Electric, unless it is listed. Otherwise, the need for financing will not be considered.

Ichiro Watanabe was not surprised by Shirakawa Kaede's answer, based on the other party's revenue just now, he could conclude that Shirakawa Electric had already entered the profit stage.

Shirakawa Electric will not be listed for the time being, and there is no need for financing.

So is the preferential loan terms just given by the First Persuasion Bank still valid?

"Shirakawa-san, the first persuasion bank's loan policy for Shirakawa Electric remains unchanged.

The only condition is..."Ichiro Watanabe stretched out his finger, "if Shirakawa Electric goes public in the future."

The First Quanyin is responsible for the operation and underwrites a certain proportion of the shares. ”

The first persuasion bank has not been short-sighted to the point that Baichuan Electric is not listed, and the preferential loan policy will be withdrawn.

As a company with a history of more than 100 years, they have enough patience and long-term vision.

Now leave a good start for each other, and there will be further possibilities in the future.

"Okay, if Shirakawa Electric considers going public, the first persuasion bank will be our first choice."

Regarding Watanabe Ichiro's conditions, Shirakawa Kaede naturally has no reason to object.

Although the other party wanted to become one of the shareholders of Shirakawa Electric, they were all listed at that time, so they still cared who would become a shareholder?

"In this way, the first persuasion silver is looking forward to the presence of your society.

The terms of this loan remain unchanged as previously discussed, and if the subsequent review by the Ministry is correct, it will officially enter the loan process.

Regarding the construction of Shirakawa Electric's headquarters in the future, Shimizu Construction will be responsible for docking with you.

Shirakawa-san, please believe that Daiichi Persuasion Silver is different from other consortia.

It is even very different from the traditional sense of the chaebol, so please be sure to consider it. ”

After saying that, Ichiro Watanabe got up and bowed to Shirakawa Kaede, and then said goodbye and left.

This is the first time that Shirakawa Kaede has heard the word "chaebol" from the other party.

The same two words also made him extremely jealous, looking at the figure of the other party leaving, Bai Chuanfeng fell into a long silence.

Since the establishment of Shirakawa Electric, Shirakawa Kaede has always avoided contact with the chaebol.

Because he knows what the "zaibatsu" represents in this part of Japan.

Its ancient history dates back to the last century, and the "chaebol" is also associated with the special group of "families".

Today's major chaebols basically have the shadow of their own families behind them.

The traditional chaebol system basically invokes the principles of the family system.

Structurally, the chaebol is a group of clans centered on the "family" formed according to the series of families and divisions in the family system.

The companies belonging to the chaebol family are regarded as direct companies, and the subsidiary companies are divided through the purchase of shares, which are based on simulated family relationships.

And the president of the chaebol headquarters is the head of this group.

Second, in terms of the form of capital, the chaebol capital is almost entirely owned by the chaebol family, and the property of the chaebol family is the material basis of the chaebol.

The traditional chaebols invariably practice family-style management, or implement a patriarchal dictatorship in which the owners and operators of capital take charge of everything.

Or a steward who has served the chaebol family for many years will act as a substitute for the management of the chaebol family, and formulate family rules and family constitutions as the code of conduct for the members of the chaebol family.

Under this pyramid-like, hierarchical structure, the position of the party that absorbs the shares can be imagined.

Shirakawa Kaede, who came from the past and came later, could not imagine what it would be like if one day Shirakawa Electric became a subsidiary company of a traditional family.

In a traditional Japanese-style room, on a tatami mat, do you need to bow down to the so-called main house? Or is it a seat under the earth?

No! Never!

The concept of equality, or the so-called dignity, which is rooted in his bones, makes him unable to face all this calmly.

Moreover, he would rather be the one who knelt on the ground and saluted him than to bow down to himself.

Would you rather me bear the world than the world bear me?

Perhaps, not in neon anyway.

And because of the existence of chaebols and families, there is almost no soil for investment companies to survive in Neon.

The chaebols almost monopolize more than 60% of the local industry, and most of the rest have government backgrounds.

Venture capitalist? Sorry, Neon doesn't need it.

All emerging industries, or potential clubs, have been approached by the chaebol before they have even grown up.

Just like today's Shirakawa Electric, it has already entered the sight of some existences before it has emerged.

And I don't know how many times a day a similar scenario happens.

As a result, the prospects of investment companies in Japan were limited, and many of the most well-known investment companies succeeded after investing overseas.

For example, SoftBank.

At this time, Neon's first investment company was just established a few years ago.

Can you imagine that the economy of Neon, which was already quite developed, the first investment company was just established around 1975.

All this is because the chaebol is neon, and to some extent, it plays the role of an investment company.

It's just that the influence of tradition is too strong, even if there are good ideas or new ideas.

In the end, under the influence of the conservatives within the chaebol, they will be relegated to the ordinary or in the same stream.

This is also the reason why in later generations, neon has performed mediocre in the Internet field and the intelligent industry.

What kind of soil environment and what kind of fruit will be produced are already predestined.

Therefore, this is also the reason why Shirakawa Electric did not look for venture capital in the initial stage, even if the funds were tight.

Because there were not many venture capitalists at that time, as for finding a consortium to make a wave of investment?

I'm afraid that the bottom of Tokyo Bay will be his best destination.

Therefore, for today's Shirakawa Electric to operate to this scale, Shirakawa Kaede is a little proud in his heart, and he cherishes today's achievements very much.

However, even though he tried to reduce his presence, Shirakawa Electric still attracted the attention of the chaebol.

Shirakawa Kaede's fingers tapped lightly on the tabletop, not knowing what he was thinking.

Arai Yu sat beside him, wanting to speak again and again. Thinking of his old friend's care, he finally made a decision.

"Arai seniors, can you introduce the "First Persuasion Bank Foundation" to the younger generations."

Arai Yu was stunned, the topic he just wanted to talk about was said by him in advance.

Sure enough, those who have achieved such achievements at a young age will surely be even more extraordinary in the future.

Arai Yu pondered for a moment before slowly speaking.

"There is no doubt that the headquarters of the Dai-ichi Bank Foundation is the Dai-ichi Bank.

Although the predecessor of Daiichi Koyo Bank, it is one of the oldest banks in Japan.

However, the first persuasion bank consortium has two "most" statements. ”

"Huh?" Kaede Shirakawa cheered up.

(End of chapter)