Chapter 424： To be a digital product giant
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"Hello." Minami Shuichi said lightly.
After the two sides sat down, Minano Shuichi didn't bother to beat around the bush, and said directly to Akio Morita: "Mr. Akio Morita, I actually came here this time to buy your company."
"Oh?" Although Morita Akio was somewhat prepared, he did not expect the other party to be so direct. In fact, his company has been seeking financing for the past two years. But so far their company has not been favored by those capitalists. So funds have always been very short. The reason for this is that their company has not made any big achievements.
"I know that your company is currently mass-producing black and white TVs, and other fields are constantly being updated. So you must need a lot of money, right?" Minami Hideyoshi said.
"It is true, Mr. Minano, you are right. But what our company wants is financing, not an acquisition." Akio Morita expressed his thoughts. Financing, at least a few of their founders still own shares. The company is still part of itself. But if it is acquired by others, then the company does not belong to him.
The company he finally built with one hand is really reluctant to hand over the company to others.
Hearing that the other party only accepts financing and does not accept the acquisition of Shuichi Nanye, he also guessed in his heart. After all, no one will not sell their company unless they have to. After all, as an entrepreneur, your company is just like such a child, it has feelings.
In fact, Sony started to rise after the acquisition of a large amount of capital by the Mitsui Consortium. In the mid-to-late 1950s, Sony's black and white TVs were hot in the island country!
At present, Sony is trying to raise funds to mass-produce black and white TV sets. Yes, they are indeed short of funds at the moment.
"If I give you and Mr. Ibuka 5% of the shares, after I buy your company, I will leave it to you to take care of it, and I will only be responsible for the investment funds?" Minami Hideyoshi always smiled.
"Me and Dai Ibuka own 5% of the shares? Is the company still left to us? You won't interfere?" Akio Morita's eyelids jumped. If this is the case, then he still holds a certain share of the company. The other party is only a controlling shareholder and has no plans to take over the company. The company is still left to them. To be honest, this condition is really tempting!
Once the company has capital injection, there is no possibility of bankruptcy. With a large amount of capital injection, it will develop rapidly. He is very confident in his own strength and the potential of the company.
However, this still failed to impress him.
"I wonder how much money Mr. Minano intends to invest after acquiring our company?" Akio Morita asked with a hint of anticipation. This is the key to whether he is willing or not, it depends on how much money the other party can invest after the acquisition. This is the key to the development of the company.
Minamino Xiuyi stretched out a finger with a smile!
"10 million yen?" Akio Morita asked tentatively.
"nonono~" Minamino Shuichi shook his head.
"One hundred million yen?" Akio Morita breathed a little faster. If it was 100 million yen, he was really shaken. This is a lot of money.
"nonono~" Minami Shuuichi still shook his head.
"How much is that?" Akio Morita couldn't figure it out, did the other party want to invest 10 billion yen? But this is impossible, this is an astronomical sum.
"10 million US dollars!" Minamino Shuyi laughed.
"Hey...10 million, US dollars!" Akio Morita was a little stunned, and then there was ecstasy! This is several times more than 100 million yen.
"How about it, I plan to invest so much money, are you willing to sell the company to me? At that time, each of you will own 5% of the shares. This share includes 10 million US dollars." Minami Hideyoshi said.
"This, I have to discuss this with Ibuka. After all, this company has the most shares between me and him." Akio Morita agreed without thinking. With such a large amount of capital invested in his company, it will definitely be revitalized. It can even become a giant in the industry of the island country!
"Okay, you can go and call Mr. Ibuka over here, and we can talk together." Minano Xiuyi said with a smile.
"Yes, Mr. Minano, please wait a moment."
After several hours of negotiation, the two sides finally reached an agreement.
After another week of various procedures, Shuichi Minano finally bought Sony into his cyst. He also made a one-time injection of $10 million into it. At present, Minano Shuichi has more than 90 million US dollars left! There's a lot more to do.
The current Sony Corporation holds 90%, Morita Akio 5%, and Ibuka 5%. Minano Shuichi gave them shares to buy their company, and the second was to keep them and help him develop Sony.
After all, the reason why Sony will be so powerful in the future will be supported by the two of them.
After the acquisition of the company, Minano Shuichi didn't pat his **** and leave. He wanted to stay and call these executives to hold a meeting on future plans. Minamino Shuichi is familiar with history, so he knows that Sony will have several major crises in the future. Since he has become the boss of this company, he must avoid these unnecessary losses.
Although he does not interfere with the management and operation of Akio Morita and Dai Ibuka, he will still talk about his thoughts in the general direction.
Shuichi Minano knew that in the 1950s, although Sony's black and white TVs were selling well, they had no advantage in technical competitiveness, and the quality of the color TVs produced after that was not ideal in terms of mass production yield, resulting in huge losses and even the company had reached the The brink of collapse. In 1967, Sony announced that Ibuka had personally joined the development of Trinitron video tube technology. This technology made Sony TVs popular all over the world. Akio Morita borrowed a huge development debt from the Island Development Bank and repaid it within 3 years.
Minamino Shuichi was visiting Sony these days and found that the research department was currently researching and developing the technology for this color TV. As soon as he thought that Sony's color TV ended in failure, it would be better not to develop it!
Of course, the current era is still dominated by black and white TV. Sony, as a company with potential and vision, is indeed a company with the ability to create new blood while manufacturing this black and white TV while innovating and researching color TV.
"Hello." Minami Shuichi said lightly.
After the two sides sat down, Minano Shuichi didn't bother to beat around the bush, and said directly to Akio Morita: "Mr. Akio Morita, I actually came here this time to buy your company."
"Oh?" Although Morita Akio was somewhat prepared, he did not expect the other party to be so direct. In fact, his company has been seeking financing for the past two years. But so far their company has not been favored by those capitalists. So funds have always been very short. The reason for this is that their company has not made any big achievements.
"I know that your company is currently mass-producing black and white TVs, and other fields are constantly being updated. So you must need a lot of money, right?" Minami Hideyoshi said.
"It is true, Mr. Minano, you are right. But what our company wants is financing, not an acquisition." Akio Morita expressed his thoughts. Financing, at least a few of their founders still own shares. The company is still part of itself. But if it is acquired by others, then the company does not belong to him.
The company he finally built with one hand is really reluctant to hand over the company to others.
Hearing that the other party only accepts financing and does not accept the acquisition of Shuichi Nanye, he also guessed in his heart. After all, no one will not sell their company unless they have to. After all, as an entrepreneur, your company is just like such a child, it has feelings.
In fact, Sony started to rise after the acquisition of a large amount of capital by the Mitsui Consortium. In the mid-to-late 1950s, Sony's black and white TVs were hot in the island country!
At present, Sony is trying to raise funds to mass-produce black and white TV sets. Yes, they are indeed short of funds at the moment.
"If I give you and Mr. Ibuka 5% of the shares, after I buy your company, I will leave it to you to take care of it, and I will only be responsible for the investment funds?" Minami Hideyoshi always smiled.
"Me and Dai Ibuka own 5% of the shares? Is the company still left to us? You won't interfere?" Akio Morita's eyelids jumped. If this is the case, then he still holds a certain share of the company. The other party is only a controlling shareholder and has no plans to take over the company. The company is still left to them. To be honest, this condition is really tempting!
Once the company has capital injection, there is no possibility of bankruptcy. With a large amount of capital injection, it will develop rapidly. He is very confident in his own strength and the potential of the company.
However, this still failed to impress him.
"I wonder how much money Mr. Minano intends to invest after acquiring our company?" Akio Morita asked with a hint of anticipation. This is the key to whether he is willing or not, it depends on how much money the other party can invest after the acquisition. This is the key to the development of the company.
Minamino Xiuyi stretched out a finger with a smile!
"10 million yen?" Akio Morita asked tentatively.
"nonono~" Minamino Shuichi shook his head.
"One hundred million yen?" Akio Morita breathed a little faster. If it was 100 million yen, he was really shaken. This is a lot of money.
"nonono~" Minami Shuuichi still shook his head.
"How much is that?" Akio Morita couldn't figure it out, did the other party want to invest 10 billion yen? But this is impossible, this is an astronomical sum.
"10 million US dollars!" Minamino Shuyi laughed.
"Hey...10 million, US dollars!" Akio Morita was a little stunned, and then there was ecstasy! This is several times more than 100 million yen.
"How about it, I plan to invest so much money, are you willing to sell the company to me? At that time, each of you will own 5% of the shares. This share includes 10 million US dollars." Minami Hideyoshi said.
"This, I have to discuss this with Ibuka. After all, this company has the most shares between me and him." Akio Morita agreed without thinking. With such a large amount of capital invested in his company, it will definitely be revitalized. It can even become a giant in the industry of the island country!
"Okay, you can go and call Mr. Ibuka over here, and we can talk together." Minano Xiuyi said with a smile.
"Yes, Mr. Minano, please wait a moment."
After several hours of negotiation, the two sides finally reached an agreement.
After another week of various procedures, Shuichi Minano finally bought Sony into his cyst. He also made a one-time injection of $10 million into it. At present, Minano Shuichi has more than 90 million US dollars left! There's a lot more to do.
The current Sony Corporation holds 90%, Morita Akio 5%, and Ibuka 5%. Minano Shuichi gave them shares to buy their company, and the second was to keep them and help him develop Sony.
After all, the reason why Sony will be so powerful in the future will be supported by the two of them.
After the acquisition of the company, Minano Shuichi didn't pat his **** and leave. He wanted to stay and call these executives to hold a meeting on future plans. Minamino Shuichi is familiar with history, so he knows that Sony will have several major crises in the future. Since he has become the boss of this company, he must avoid these unnecessary losses.
Although he does not interfere with the management and operation of Akio Morita and Dai Ibuka, he will still talk about his thoughts in the general direction.
Shuichi Minano knew that in the 1950s, although Sony's black and white TVs were selling well, they had no advantage in technical competitiveness, and the quality of the color TVs produced after that was not ideal in terms of mass production yield, resulting in huge losses and even the company had reached the The brink of collapse. In 1967, Sony announced that Ibuka had personally joined the development of Trinitron video tube technology. This technology made Sony TVs popular all over the world. Akio Morita borrowed a huge development debt from the Island Development Bank and repaid it within 3 years.
Minamino Shuichi was visiting Sony these days and found that the research department was currently researching and developing the technology for this color TV. As soon as he thought that Sony's color TV ended in failure, it would be better not to develop it!
Of course, the current era is still dominated by black and white TV. Sony, as a company with potential and vision, is indeed a company with the ability to create new blood while manufacturing this black and white TV while innovating and researching color TV.
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