Chapter 272: Return of the King
Shirakawa Electric's domestic profits, including 70 for handheld game consoles and 200 for Walkmans, totaled 27 billion yen.
In the North American market, 190 handheld game consoles and 700 Walkmans were sold, totaling 89 billion yen.
By this calculation, Shirakawa Electric's global profits seem to have exceeded the 100 billion yen mark.
Unfortunately, all of this profit is pre-tax income.
The tax rate in Japan is about 15%-23%. If the tax is calculated based on this, there will be about 22 billion yen left.
The United States currently imposes tariffs on Japanese electronic products at around 19%, including local taxes in various states.
In the end, Shirakawa Electric would have been lucky to get a profit of 65 billion yen.
22 billion in the mainland and 65 billion in North America, totaling about 87 billion yen.
This translates to US$350 million, a significant increase compared to last year's revenue of less than US$200 million.
However, Shirakawa Holdings has spent a lot of money this year. The largest amount was the acquisition of Kitato Bank at the beginning of the year, which used 16 billion yuan of funds on the books.
This part of the funds was originally intended to be used to settle the cost of raw materials and part of the budget for operating costs.
This amount of money must be restored to balance the accounts, so if 16 billion is subtracted from 87 billion, there will only be about 71 billion left.
In addition to this expenditure, another 8 billion yen was invested in the construction of the North American factory.
The total investment in Akita's hometown was 2 billion, and another 2 billion was invested in a piece of land in Kawasaki.
It acquired Aiwa's shares for 1.6 billion yuan. Later, its stock price fell a little, and Shirakawa Electric also took the opportunity to buy at the bottom.
There is also an investment of about 700 million yen in R&D for SIC chips, and several hundred million .
After deducting all these major expenses, the amount that can actually be deposited in the bank is about 55 billion yen.
This is the real surplus of Shirakawa Holdings this year. In the future, part of this money will be deposited in Kitato Bank, and part will be deposited in Dai-ichi Kangyo Bank and Bank of Japan.
The purpose of depositing money in Beidu Bank is purely to make a profit from it. Beidu Bank can use the money to lend or invest in other industries.
If all else fails, you can deposit the money among peers. Beidu Bank can deposit it in other banks and earn some interest.
The money of Shirakawa Electric is deposited in Kitato Bank. It cannot be said that there is no interest, but it is very little.
This is mutual support, or it can be said that Shirakawa Electric can support it unilaterally.
As for the remaining money, it was deposited in Dai-ichi Kangyo Bank and Bank of Japan, partly for risk sharing, partly to maintain the relationship between them , and to earn some interest at the same time.
The above is the entire operating situation of Shirakawa Holdings in 1981. It made a lot of money, but also spent a lot.
But fortunately, most of the money spent is reinvested, and will bring you more profits in the future.
Most of Shirakawa Holdings' current revenue comes from Shirakawa Electric, and the profits brought by its other subsidiaries do not even add up to 1 billion yen.
Compared with the former, it is almost a drizzle, and even less than the profit from small peripherals such as headphones and some walkman storage cases.
However, they have great potential for growth, so we cannot worry about temporary gains and losses.
In addition, considering the possibility of going public in the future, Baichuan Feng is also slowly transferring the profits from operations over the years to his personal account.
In addition to the various legal tax avoidance methods commonly used in Japan, he also opened accounts abroad.
By taking advantage of various loopholes and international rules, personal wealth is also shared as a risk.
Of course, there are professional teams doing this kind of thing, so he doesn't need to worry about it.
In addition, in order to pay less taxes, Shirakawa Electric also made many arrangements at the company level.
For example, the North American branch sets up a separate subsidiary and also registers a sales company in other low-tax countries.
Reasonable tax avoidance can be achieved through transfer pricing rights and sales origin, but for now we can only do it slowly and will not go too far.
After all, neither Japan nor the United States are fools, and they will easily be punished if they do too much.
After going through the annual summary, Baichuan Feng finally felt relieved.
Although there will be a series of investments next year, including batteries, LCD factories, CD production lines, etc.
But let’s leave these troubles for next year. This year’s troubles end here.
Shirakawa Feng stood up and stood alone in front of the window of the conference room, looking at the Tama River outside silently.
There were few boats on the wide river, and it seemed that even the yachts had gone into hibernation.
Yes, it’s already December, and the New Year is less than a month away.
It's snowing again this year, and people are still the same in the cold wind.
…
Nakajima Heitaro wiped the snow from his eyebrows and looked at the old friend beside him, um, Mr. Ogawa Hiroshi.
Hiroshi Ogawa, who was also in high spirits, looked at the building in front of him and confirmed his gaze with Heitaro Nakajima.
Yes, that's right, it's a signal to move forward.
So without any hesitation, he immediately led the way in front with great vigor and confidence.
As soon as they entered the reception hall on the first floor of the building, two handsome men in windbreakers attracted a lot of attention.
The receptionist at the front desk saw two people who looked familiar.
The word "President" almost came out of his mouth.
Fortunately, her colleagues reacted in time and pulled her back.
But even so, everyone still looked at the two of them, stunned.
How come they are here? Aren’t they already...
However, Nakajima Heitaro and Ogawa Hiroshi, who became the focus of everyone's attention, behaved calmly.
Especially Hiroshi Ogawa, his back was straight and the expression on his face was very proud.
He straightened the hem of his windbreaker that was almost dragging on the ground, then walked towards the front desk with a proud look on his face.
"Excuse me, Meirongzi-san, how do I get to the board office?"
"Eh?" The receptionist named Mieko looked at him blankly, not knowing how to respond.
"Oh, I almost forgot." Hiroshi Ogawa slapped his forehead and said with sudden realization, "The board of directors' office is at the top."
After saying that, he turned around and walked towards the elevator with Nakajima Heitaro, who had been watching his performance silently.
"Hey, wait!" Mirongzi subconsciously wanted to stop him.
"Swish" Without waiting for her to ask, Hiroshi Ogawa quickly took out an employee card and placed it in front of Mieko, and intentionally or unintentionally showed it to other people watching in the hall.
The movement was smooth, natural and extremely fast, as if it had been rehearsed countless times.
"Look carefully, this is Aihua's work ID, secretary of the board of directors.
As for this one…” Hiroshi Ogawa took out another card and shook it.
"This is the work permit for Shirakawa Electric and SIC. Look, I'm an audio consultant for Shirakawa Electric and a senior researcher for SIC."
Hiroshi Ogawa pointed to the several titles above and read them one by one, his tone indescribably happy.
Secretary of Aiwa Board of Directors? Consultant of Shirakawa Electric?
The onlookers were all puzzled. How come this guy seemed to have become so powerful after not seeing him for a few months?
"Okay, Ogawa," Nakajima Heitaro looked at his wrist, "the meeting is about to start, let's go."
"Hai!" With a proud look on his face, Hiroshi Ogawa immediately turned around and followed Heitaro Nakajima, walking towards the elevator as if no one was around.
The crowd was left in a daze, still trying to figure out the relationship between them.
Humph, letting you guys assign me to tighten the screws is simply disrespecting me, the former CD development team leader.
Not to mention what happened downstairs, now in Aihua's boardroom.
The shareholders who gathered again were silently waiting for something.
"Has the representative from Shirakawa Electric arrived?" Ozune Yukizo asked the assistant beside him with a frown.
"I just called to inquire, and the other party replied that he is on the way."
Oozune Kozo was very dissatisfied with this answer. To be precise, he was dissatisfied with the words "Shirakawa Electric".
He really didn't understand what Ohga-san was thinking and why he chose to let Shirakawa Electric invest in Aiwa.
The other party is obviously Sony's biggest competitor in the audio field, but they still want to bring him into Aiwa's board of directors.
Even though Aihua's current profitability is average , Oozune Kozo just doesn't want to meet anyone from Shirakawa Electric.
Yes, he hated Shirakawa Electric, he hated everything related to Shirakawa Electric.
The incident with the Walkman is still fresh in my mind, and now it’s Aihua again.
Oozune Kozo always felt that the involvement of Shirakawa Electric in Aiwa would not be a good thing.
Just as he was frowning and distracted, the door of the conference room was suddenly pushed open.
The other people sitting here, as well as Oozune Kozo, all raised their heads subconsciously.
"Hey, Nakajima-san?"
"Why is it him?"
"It's you?!"
Everyone in the conference room had different reactions, but Ozo Ozune's reaction was the most intense.
He stood up immediately, staring at the person coming at the door with an incredulous look.
That’s right, standing there was Heitaro Nakajima with a smile on his face, and Hiroshi Ogawa who was trying to hold his head high.
"How are you, Daizengen-san? And everyone at Aihua."
As he spoke, Nakajima Heitaro took off his windbreaker and handed it to Hiroshi Ogawa behind him.
He walked with steady steps into the conference room where you could hear a pin drop.
"Tap", "Tap", "Tap", the sound of leather shoes hitting the floor struck everyone's heart again and again.
As the footsteps got closer and the figures became clearer, the expressions on everyone's faces became more complicated.
The most obvious examples are Kozo Ozune and Mitsuo Ikeguchi, the founder of Aiwa.
The former had a look of disgust in his eyes, while the latter had a frown on his face.
"Let's get to know each other again." Nakajima Heitaro walked to the middle of the conference room, stopped, and bowed to everyone.
"Heitaro Nakajima, President of SIC, is also the director representative of Shirakawa Electric at this board meeting. "
Looking up, Nakajima Heitaro smiled at everyone, especially Oozune Kozo, who nodded in a friendly manner.
"Disrespectful! Shameless!" The provoked Yukizo Oozune stood up immediately.
He pointed at Nakajima Heitaro and turned to look at the others.
“This guy must not be a representative of the board of directors. Aihua ended up in this situation because of him.
I object to his appointment as one of the representatives at this board meeting and to Shirakawa Electric's appointment!"
"Sorry, the objection is invalid."
The leisurely voice was as eye-catching as Oozune Kozo's roar.
The latter turned his head and looked at him fiercely, but Nakajima Heitaro still looked at him with a smile.
"Da Zeng Gen Sang, don't get angry, I came here with sincerity.
At this moment, Nakajima's feelings for Aihua are evident to all, including heaven and earth and the sun and the moon.
Although I have left Aihua, this cannot stop my feelings for Aihua.
So, I am back again today."
After saying this, Nakajima Heitaro smiled at Oozune Kozo again in a friendly manner.
"You!..." Ozengen Yukizo was so angry that he almost vomited blood and was almost incoherent.
"Okay!" Ikegami Mitsuo, still holding the cane, interrupted the confrontation between the two.
His hair had already turned gray. He raised his head and looked deeply at Nakajima Heitaro.
"Mr. Nakajima, what exactly are you doing here today?"
