Although Shirakawa Mutual Entertainment's profits this year are unexpectedly large, the manufacturing industry is still the mainstream at this stage.

This is influenced by the economic development model of this era, even if it is the protagonist of Wall Street, it is mainly a manufacturing enterprise represented by high and new technology.

As mentioned earlier, Shirakawa Energy made a profit of more than 4 billion, and the LCD plant made a profit of about 15 billion.

Another semi-independent optical disc factory also had a surplus in terms of finances for the first time this year with the booming development of CD records.

The profits of the optical disc factory mainly come from OEM for other record companies, as well as part of the royalties of CD-ROM.

Since the advent of the CD player for more than a year, the entire neon market has produced about 45 million CD records.

At its peak, the production of LP, i.e. vinyl, was more than 100 million sheets. At present, the size of CD records is about 50% of it.

Although the scale of CD records is not as large as vinyl for the time being, Shirakawa Electric is more optimistic that the CD will be completed in two years at most.

Its portability and cheapness are destined to make CDs far more popular than vinyl in the future.

At least 20 million of Neon's 45 million CDs this year came from Shirakawa Electric's optical disc factory.

The OEM fee for a disc is about 200 yen, and after removing the various costs of 30 yen, the profit per disc is in the range of 150~170 yen.

The total of 20 million sheets is a profit of 3.2 billion yen, which is actually very good for a new year's factory.

With the popularization of CDs and the continuous improvement of the production process, its profits will continue to grow for at least 10 years.

As for the production of CD-ROMs, due to popularity, there are only a few million copies at present. Including royalties, all the profits added up were only two or three hundred million yen.

But next year, with the advent of rewritable discs, it will presumably gain more widespread applications.

Another product that is used with CD-ROM - optical drive, it is generally sold in Neon with more than 50,000 sets, and it is mostly in 2x speed versions.

However, like the TV watch, the flowers bloom inside the wall and the fragrance outside the wall. In the business version alone, Beimi has digested more than 300,000 sets.

The regular version, which is aimed at individual users, has also sold more than 60,000 units. Because the profits of optical drives are very high, the cumulative return on these sales is also very amazing.

The profit of each unit is around $150 for the regular version, $450 for the 2x speed version for the business version, and more than $1,000 per unit for the 4x speed.

The cumulative sales of 410,000 optical drives brought a profit of 275 million US dollars to Shirakawa Electric.

So don't look at the average sales of optical drives, but the gold absorption capacity is more than twice that of LCD, battery factories, and optical disc factories combined.

In addition, patent fees, like CD-ROMs, have very little income this year, but next year will definitely usher in a big explosion.

Shirakawa Electric's other products, Walkmans and headphones, have increased by about 20% compared to last year, totaling about 200 billion.

CD players and speakers have improved most significantly compared to last year, after all, they have been sold for a whole year, of course, and they have sold much more than last year's 2 months.

Especially in the North Rice market, portable CDs and active speakers are combos, which are a necessity for parties.

More than 3 million sets of local and northern rice products have been sold, including the part sold separately, as well as desktop CD players, car CD players, and VCD players, and this part of the profit is more than 220 billion yen.

In the audiovisual sector, Shirakawa Electric made a total profit of 420 billion yen, or $1.68 billion.

This year, because of the addition of CD players and speakers and other products, Shirakawa Electric's profits have increased significantly.

In addition to the processing fees for handhelds, FES game consoles, and game cartridges, Shirakawa Electric also has a profit of 57 billion yen.

57 billion yen for game console hardware and 420 billion yen for audiovisual business, totaling 477 billion yen.

This is the net income of Shirakawa Electric for the whole year of 83 years, which is 1.9 billion dollars when converted into US dollars.

This is more than double last year's more than $800 million, mainly due to the successive new product launches.

Facts have proved that uninterrupted R&D investment, although the cost is larger, but the return is greater.

However, since the company has made money, it is natural to pay dividends.

This is a common way to play in this era, especially the neon of the manufacturing industry entering the golden age.

As for the later generations, there are many companies that do not pay dividends for several years even if they are profitable.

That's for the sake of the value of the stock, and not paying dividends means that the company's net assets will increase, so it is natural for the stock price to rise.

When the volume is large enough, the stock price rises slightly, bringing ten times the income of 100 times.

Then, after a few years, when the stock price rises to a certain level, the major shareholders will reduce their holdings of shares, and the money earned from changing hands is how many times the dividends are paid.

This is the reason why many companies do not pay dividends when they make profits, and in the final analysis, it is the money from the stock market that is harvested.

Another reason why enterprises do not pay dividends is that most of them are in a period of development and growth.

It needs to invest profits in the next year's development, and then continue to scale up to create more profits.

However, neither of these methods is suitable for Shirakawa Electric, because the shares of Shirakawa Electric currently held by Shirakawa Holdings are already the minimum requirement for a controlling stake.

Even if there is no dividend now, the stock has risen sharply, and the market value has risen sharply, but Shirakawa Holdings has no way to reduce the shares in its hands.

Because as soon as the stock is sold, then the shares in the hand will be reduced, which will threaten their absolute control.

As for selling and buying back, the left hand is reversed. So why bother, there is an extra tax.

In addition, regarding the development of the next year, Shirakawa Electric will not use as much as 1.9 billion US dollars anyway.

In that case, why not dividends?

Therefore, after retaining 10% of the profit and keeping the R&D expenses and other project funds for the next year, the rest will be selected for dividends.

Of course, there are many forms of dividends, such as cash dividends and bonus dividends.

If Shirakawa takes cash, it will have $870 million.

As for the dividends of retail investors, cash or bonus shares can be distributed, of course, due to the increase in the total number of plants, the stock price may fall.

However, the total share capital is still growing, and for retail investors, this can be regarded as more stocks in their hands.

And in order to guarantee its controlling stake, Shirakawa Holdings has a lot of leather bag companies under it.

They have enough shares to buy back from the stock market to secure a controlling stake.

This is probably the operation of Shirakawa Electric this year, and the rights and interests that Shirakawa Holdings can obtain.

Of course, the specific operation will have to wait until the financial final accounts in March next year.

"Regarding Shirakawa Electric's products next year, you might as well try electronic dictionaries, projectors, and displays."

The main direction that Shirakawa Kaede considers for the future development route is diversification.

The enrichment of the product line will not only bring additional profits, but also increase the company's ability to resist risks.

"Eh, electronic dictionaries, monitors?" Both Hasegawa and Yasuda looked surprised.

Shirakawa Electric has really not been involved much in this regard, and it sounds like the market is full of uncertainty.

Whether it is a walkman or a CD player, the reason why Shirakawa Electric can quickly win the market.

What do you rely on? No one has it!

In layman's terms, these products were not available on the market before the launch of Shirakawa Electric, or had just appeared.

Because of the opportunity, no matter how bad it is, it is standing on the same starting line with everyone, so Shirakawa Electric can rise so fast.

But electronic dictionaries, projectors, and monitors, the former is still a novelty, and the latter two are not rare.

If you enter this track, not to mention the fierce competition in the market, I don't know if you can gain a firm foothold and make a profit.

However, unlike their doubts, Bai Chuan Feng nodded affirmatively, "That's right, they are the key projects of Bai Chuan Electric next year."

Of course, the products I am talking about are a little different from the common ones. ”

"Huh?" This time it was not only Hasegawa and them, but the others were also surprised.

Can projectors and monitors still play with any flowers?

"The technical focus of these products is on the application of LCD. The STN and TFT newly developed by SIC are very remarkable. ”

Hearing him say this, everyone is even more curious, because everyone has never seen projectors and monitors using LCD technology.

"Think about it, isn't it very impactful to make a CTR display with a big butt look like a thin tablet?

Be a little bolder, and the TV of the future will become like this. They no longer occupy a huge space and can be picked up at the fingertips, so what will it be? ”

This. The more Shirakawa Kaede said, the more excited everyone became, isn't this more sci-fi than a sci-fi movie?

But is it really possible? Everyone looked at each other and was a little suspicious.

As if seeing their suspicions, Shirakawa Kaede smiled very easily.

"Let's try it, start with the simple, electronic dictionary is the easiest to do.

As for high-definition LCD projectors and monitors, take your time.

But they will be one of the main products of Shirakawa Electric in the future, please let your imagination go, and don't be limited by inertial thinking. ”

"Hay!" This piece of advice shook the hearts of everyone who knocked it again.

Yes, the reason why Shirakawa Electric is leading the way. Isn't it just one step ahead of others again and again, a little newer than others?

"In addition to these, we can also try on the pager. Now young people love it, and the prospects for the future cannot be ignored. ”

What Shirakawa Kaede really wants to engage in is not a pager, this can only be regarded as a transition.

What he wants is the accumulation of communication technology, and it will be the one that will shine in the future.

"In short, the application of LCD technology is a top priority, and our ultimate goal is a laptop!"

"Laptop?" Everyone is confused again.

Because they had never heard of this word, and they didn't know what a laptop was.

Shirakawa Kaede waved his hand, "A portable computer with an LCD display, that's all.

Just like the difference between a desktop CD player and a portable CD player, of course, this is the goal of the future, and there is no need to rush it at this time. ”

Oh~, I see. When he said this, everyone could almost understand.

It's another product with miniaturization as the direction of improvement, but this time it was replaced by a computer.

This is also one of the goals in the next few years, the world's first laptop came out in 85 years, and Shirakawa Electric is also going to refuel.

Chips, circuit design, and other hardware are not technically difficult for Shirakawa.

It takes time to put all these things together and fit them into a laptop that works smoothly.

Kaede Shirakawa is ready to skip the desktop and step towards the laptop.

The three royal companies in the desktop market, NEC, Fujitsu, and Sharp, he can't compete, so he can only find another way.

As for communication, let's accumulate technology first.

After the situation of Shirakawa Electric, what remains is another big gold absorber, SIC.

As the only chip design company with independent intellectual property rights in Neon, SIC's name has become more and more resounding.

(End of chapter)