Chapter 326 IPO Roadshow
A pleasant cooperation experience? Baichuan Feng sneered in his heart.
The factory fire caused the LCD price to go up. You must be happy to receive the money from Shirakawa Electric, right?
The Suba Saji in front of you is the current helmsman of Suba Seiko.
He ran over quietly and acted as if , which really made Baichuan Feng admire his shamelessness.
"Xu Yu-san, you are joking. Guests are welcome. But I am sorry that I am busy and cannot receive you in person. If you don't mind, you can go into the hall and take a rest first."
Baichuan Feng was too lazy to pay any more attention to him. He was already being polite just by maintaining appearances.
If today wasn't a special day, it would be questionable whether he could greet us with a smile.
All of these suppliers who raised prices in various ways and even gave perfunctory reasons were put on his blacklist.
"Okay, Mr. Shirakawa, you're busy now. We'll talk about the LCD cooperation issue after the meeting. It's unwise for Shirakawa Electric to suddenly terminate the cooperation."
Suba Saji had a look of regret on his face, as if Shirakawa Kaede had done something against the will of heaven and earth.
"Please go in first." Baichuan Feng smiled and then stretched out his hand to gesture inside.
Seeing that the other party did not respond, Suba Saji still nodded with a smile, then leisurely walked into the hall.
Looking at his back, Baichuan Feng sneered again. Isn't it too late to come now?
After more than half a year of intensive construction, Shirakawa Electric's LCD factory has officially started production.
Five production lines are more than enough to meet the demand for its own handheld game consoles and other products.
In this case, there is no need to continue the previous pretense with Xu Yu Seiko.
In July, the company officially cleared out its previous orders from the other party, and now all of Shirakawa Electric's handheld game consoles use its own LCD screens.
Suwa Seiko, which suddenly lost a large amount of order income, is of course now anxious.
How could he not be anxious? The profit of 300 to 400 yen per piece was very satisfying for Shirakawa Electric.
After several unsuccessful attempts at contact, Suba Saji took this opportunity to go and lobby in person.
Although he had also heard that Shirakawa Electric was developing its own LCD, Suba Saji was not worried at all.
Because the products that Suwa Seiko will come up with in the future will definitely surprise the other party.
Do you want to make LCD by yourself? You have only been doing it for a few days. Can you catch up with the technological iteration?
Young people are still too immature after all.
So even though Suba Saji hit a tough obstacle in front of Shirakawa Kaede, he remained calm.
Because he knew that he would come to ask for help later.
Not to mention the uninvited guest who just came, Baichuan Feng received a few more guests, and today's briefing was finally about to begin.
Looking up at the luxury cars everywhere outside, Baichuan Feng couldn't help but sigh inwardly.
It is called a public briefing, but in fact those who are truly qualified to attend are either business elites or media reporters.
Ordinary people are never taken into consideration.
In the last fifteen minutes, Shirakawa Feng returned to the backstage to take a short rest, quietly waiting for the briefing to begin.
A briefing session is actually a public offering meeting similar to the IPO roadshow in later generations.
It’s just that due to its special cultural environment, Japan is often more subtle in everything from social to business activities.
Like the United States, they gather major investment institutions together and then brag about how great the prospects of their own companies are and how excellent their products are.
This practice of raising the expected value of one's own stock price is actually not very common in Japan.
The usual practice here is for listed companies to visit investment institutions one by one.
The founder or underwriter reports to the investors face to face on the business's operating conditions and future development prospects.
This is more like a door-to-door sales practice, which is done one-on-one .
The reason for doing this is that most people working in finance, especially those in charge of investment institutions, are conceited.
If many colleagues sit together, even if they have different opinions, they will remain silent due to etiquette issues.
Neon is this big, Tokyo is this big, the circle is this big, and everyone knows each other.
And because of the implicit culture, people will not argue, so the road show will become quite boring.
Later, it gradually evolved into a one-on-one method, which is probably what is meant by "kings do not meet kings".
The public briefing held by Shirakawa Electric was actually held under the guise of a new product launch conference, which is why it attracted so many people.
After all, open recruitment is just a side thing, so it doesn’t matter if everyone has different opinions.
It would also be nice to take a look at Shirakawa Electric's new product launch conference. This company is well-known for its innovation, so the new product launch conference must be worth watching.
Because of this mixed organizing method, Shirakawa Electric's briefing attracted quite a few people.
Needless to say, the media loves to join in the fun.
Although several major chaebols were not very interested in investing in Shirakawa Electric due to their different backgrounds, they still sent people to show their support.
Foreign investment institutions were quite active. Jamie Dimon, head of Morgan Stanley in Japan, arrived at the scene in person and was currently sitting in the audience chatting happily with people from First Advance Bank.
Institutions such as ABN AMRO and Goldman Sachs also sent senior representatives, who sat in the first row of the venue.
They are all well-known figures in the business community. They sit together and discuss this rare event in a whisper.
Occasionally, a flash of light would come on as journalists tried to capture a moment worth recording.
Soon it was ten o'clock and the lights in the hall gradually dimmed, leaving only a row of spotlights at the front desk.
The discussions in the meeting room gradually died down, and everyone knew that today's main event was about to begin.
Without keeping the guests waiting for long, Shirakawa Kaede, dressed in a black suit, stepped onto the stage of the venue with an upright posture, chased by the lights.
"Dear friends, I am very happy to see you all here. Thank you for your support in today's briefing of Shirakawa Electric."
Shirakawa Feng, holding the microphone, first bowed to the audience, and then began the topic of today's meeting.
The moment he appeared, large flashes of light flashed on both sides of the stage.
The density instantly made the dark hall bright again as day. This unexpected scene surprised all the business people in the audience.
Is this Mr. Shirakawa so popular? But he is rarely seen in front of the media.
It’s so rare because he seldom shows up!
The media reporters who were quickly pressing the shutter buttons were screaming in their hearts, this is so rare.
The youngest president of a listed company in Japan, Sang, is so mysterious that it is usually difficult to find him.
However, although he rarely appears in front of the public, his popularity among the people is very high.
Especially after the news that Shirakawa Electric is about to go public spread recently, Mr. Shirakawa has once again become the focus of people's after-dinner talk.
Not to mention I'm young, I just graduated from Meiji this year.
Rich, so why doubt it? The president of a listed company, Sang, is worth at least hundreds of billions.
The most important thing is that he is handsome! His handsome face would make idols feel inferior.
With so many advantages in one person, he is definitely the date that all Japanese women most want to invite, and the most coveted fantasy prototype of their other half.
Now that I finally have the chance to make this public appearance, of course I have to take as many photos as I can at once.
When the people from Morgan and ABN AMRO saw this scene, they all started talking about it with their entourage.
To be honest, the treatment that Shirakawa Kaede received during his appearance just now is worth them re-evaluating the investment index of Shirakawa Electric.
Overseas, this is a reflection of the charm of the founders, which can often bring unexpected bonuses to the performance of enterprises in the stock market.
Although the media reporters were very enthusiastic, Baichuan Feng remained calm and unhurried in discussing today's topic.
"Before we start with the new product launch, please allow me to introduce Shirakawa Electric. Shirakawa Electric was founded in 1979, exactly three years ago."
"In the past three years, we have grown from a very small company to a company large enough to be listed today, thanks in part to the unremitting efforts of an excellent management team.
On the one hand, it is also because with the development of the economy, people’s pursuit of spiritual enjoyment and entertainment enjoyment is getting higher and higher.”
"Our Walkman products have been enthusiastically sought after by the public since they were launched. Last year alone, including shipments outside Shanghai, Shirakawa Electric's Walkman sales reached 10 million units!"
"This is an achievement we are very proud of! This is the market's recognition of Shirakawa Electric's products!"
"We can do this because we have never stopped exploring the innovation of the Walkman's functions and have been working hard to evolve its appearance to make it more fashionable and more popular."
"Similarly, we are also very encouraged by the performance of handheld game consoles, which have well satisfied people's pursuit of entertainment enjoyment. The cumulative sales of nearly 10 million units in more than a year is the best proof of this."
"However, these are not enough. Shirakawa Electric has more ideas to realize, which is why we are standing here today."
"The company goes public to raise funds, so that we can have spare energy to bring more and better products to the public."
Bai Chuanfeng stood on the stage and spoke eloquently, his attitude was calm and unhurried. His calm and confident appearance made everyone in the audience nod secretly.
This Mr. Shirakawa is just as storied as he is, with extraordinary bearing. He is indeed worthy of the reputation of "the dragon among men" and is indeed a great man of the time.
And Shirakawa Kaede's opening speech was actually equivalent to a roadshow.
He introduced to the audience how excellent Shirakawa Electric is and how it will usher in a leap-forward development after its IPO.
So our stocks are definitely worth investing in. Don’t hesitate. Action is worse than hesitation.
"Mr. Shirakawa, the market for portable players has been explored for nearly three years. Will your company still ship as many portable players next year?" A representative of an investment institution stood up and spoke.
"Of course," Baichuan Feng nodded without hesitation, "Most of the sales of our Baichuan Electric Walkman are contributed by the North American market.
However, up to now, our market operations in North America are still concentrated on the West Coast, while the East Coast is more like a fertile land that has not been fully developed.
Next year, Walkman shipments will increase by at least 30% and continue to do so for several years.”
"Mr. Shirakawa seems to be quite confident in his company. However, the market competition is becoming increasingly fierce. How can you stand out from the crowd of competitors?"
After saying this, the representative of the investment institution glanced intentionally or unintentionally at Ohga Norio and his group not far away.
Look, your biggest competitor is sitting here.
