Chapter 354 Buy Buy Buy
Shirakawa Kaede has already understood the other meaning behind Tokuma Yasushi's quick words.
But before he could respond, Hirotomo Takei, who was sitting next to him, expressed his dissatisfaction quickly.
"Tokuma, you are always so rude when you speak, and you still can't change this habit after so many years.
Mr. Shirakawa has been able to run a giant like Shirakawa Electric at his age, so how can his vision be worse than yours?"
After complaining, Takei Hirotomo turned around and looked at Shirakawa Kaede with a smile.
"Brother Shirakawa, although Tokuma-san's words are a bit blunt, his attitude towards work is admirable. Please don't be offended."
Tokuma Yasushi had barely said a few words when Takei Hirotomo started to smooth things over, fearing that Shirakawa Kaede would misunderstand something.
Nonsense, his shares are still waiting to be sold. If Tokuma Yasushi doesn't keep his mouth shut, the business might fail.
However, his old partner Tokuma Yasukazu was not grateful at all. Now that we are talking about this, let's just open up the topic.
"It is precisely because we are the same type of people that I believe Shirakawa-san can understand this, don't you think?"
Tokuma Yasukai said the last sentence to Shirakawa Kaede, and at the same time his eyes fell on the other person again.
Although the market value of Shirakawa Denki far exceeds that of Tokuma Shoten, he firmly believes that in the field of media, Tokuma Shoten is much more professional than Shirakawa Denki.
Facing Tokuma Yasukazu's inquiring eyes, Shirakawa Kaede did not feel any displeasure in his heart.
When it comes to business, he prefers to lay out the conditions clearly and discuss the matter at hand.
"I understand what Tokuma-san means. Shirakawa Holdings will not interfere with the operation of Tokuma Bookstore.
But there is one thing I hope Tokuma-san will agree to."
"Please speak, Mr. Shirakawa." Tokuma Yasukai looked at Shirakawa Kaede seriously. He knew that he was going to make conditions.
“In the future, if conditions are right in certain areas, Tokuma Shoten will need to first consider subsidiaries of Shirakawa Holdings when seeking partners.
In addition, if Tokuma Shoten has financing needs, Shirakawa Holdings has the priority to invest.”
Baichuan Feng is not so arrogant that wherever he goes, people will bow down to him.
What's more, being the head of a club, who wouldn't have some conceited feelings in their heart?
Especially for someone with a strong personality like Tokuma Yasuyoshi, he absolutely cannot tolerate outsiders telling him what to do.
However, Shirakawa Kaede did not seek dominance over Tokuma Shoten at this time, because Shirakawa Holdings had never been involved in the media industry.
There is also a lack of relevant management talents. Even if Tokuma Shoten is completely handed over to him now, he still has to rely on Tokuma Yasuyoshi to be in charge.
Instead of fighting each other for dominance.
It would be better to first invest in Tokuma Shoten, train your own media talents, and wait for the future.
At the same time, the shares held by Hirotomo Takei are not enough to support Shirakawa Kaede in competing for the dominance of Tokuma Shoten.
Otherwise, there wouldn’t be the words “Tokuma” in front of the bookstore.
But having said that, it doesn't affect Baichuan Feng's efforts to gain benefits for his family.
At this moment, Tokuma Yasushi heard the conditions offered by Shirakawa Kaede and looked at him thoughtfully.
The mind of Shirakawa Sanneri is also not simple. He is worthy of being hailed as the most successful entrepreneur in Japan in modern times. He is not lacking in ambition and patience.
Although Tokuma Yasukai understood why Shirakawa Kaede made such a condition, he didn't mind it.
He is already in his early sixties and cannot see too far into the future. It is enough for him to continue to lead Tokuma Shoten during his lifetime.
As for the future of the family's younger generations? It would be good if they could keep enough shares.
Besides, if one does not have that kind of talent, giving up the throne and following a strong man may not be a bad solution.
Thinking of this, Tokuma Yasushi quickly nodded and agreed to Shirakawa Kaede's request.
"I can agree to Mr. Baichuan's request, and I hope you will take good care of me in the future."
"It's all thanks to Tokuma-san." Shirakawa Kaede stood up and shook hands with him politely.
The person who was happiest to see the two men shaking hands and making peace was Hiroto Takei.
At first he was worried that these two strong men would not be able to talk to each other when they met.
One is young and energetic, the other is stubborn and strong. They are like powder kegs. If they don't get along, they will part ways unhappily.
But now it seems that the result is not bad. Both sides have actually taken a step back, which is rare.
Now that the issue of Tokuma Shoten has been resolved, another business deal can be brought to the table.
"I heard that Mr. Shirakawa is also interested in the film industry and hopes to take over Daiei?"
This time it was Tokuma Yasushi who took the initiative to speak. With the cooperation just now, the relationship between them became closer.
“That’s right, as a manufacturer of audio-visual equipment, we are naturally inseparable from the entertainment industry.
In order to plan its future business, Shirakawa Electric needs to have its own influence in the film industry."
Shirakawa Kaede generously stated the reasons why he entered the film industry.
In fact, one of the reasons why he wanted to take over Daiei was to consider the future. In addition, Daiei’s film library can be regarded as a huge treasure.
Founded in the early 1940s, Daiei has produced hundreds of films over the decades.
Nowadays, these films have been shown in theaters since their initial release, and have been languishing in film libraries without ever seeing the light of day again.
To others, these old movies are worthless, but to Shirakawa Kaede, that may not be the case.
Don't forget that Shirakawa Electric also has things like CDs. CD-ROMs can store video data.
It would be possible to develop a separate format and device specifically for playing old movies pressed on CDs.
As the saying goes, one step leads to another. CD-ROM has opened a new door for Shirakawa Electric, and other derivative formats are no longer a barrier.
This is why Shirakawa Kaede wants to take over Daiei. As for why he doesn't rely on the relationship with Tokuma Shoten to directly obtain the film license? Because Daiei is cheaper.
Shirakawa Kaede was interested in Daiei, and Takei Hirotomo had already mentioned it to Tokuma Yasukasa before.
Today, Daiei has been wholly acquired by Tokuma Shoten and is its subsidiary.
So will Tokuma Yasukai agree to Shirakawa Kaede's request to take over?
"To be honest, Mr. Shirakawa, Daiei has indeed encountered some operational difficulties.
But Tokuma Shoten will not completely abandon Daiei, as it has other important tasks within the company.”
"Tokuma?!"
Before Shirakawa Kaede could say anything, Takei Hiroyuki next to him became anxious.
"That's not what you said before?"
When Hirotomo Takei brought up this matter before, Yasuyoshi Tokuma did not refuse, but said that he would give it serious consideration.
But now he changed his mind in the blink of an eye. How could he not be anxious? The business of Tokuma Bookstore had not been signed yet.
Tokuma Yasushi quickly reached out to stop Takei Hirotomo from asking further questions, and turned his gaze to Shirakawa Kaede.
"In order to ensure that Tokuma Shoten's presence in the media industry is intact, Daiei cannot be separated from Tokuma Shoten's leadership, at least for now."
"If I heard correctly, what Tokuma-san said just now was that you will not completely give up Daiei?" Shirakawa Feng keenly caught the other party's subtext.
"That's right." Tokuma Yasushi nodded quickly, admiring Shirakawa Kaede's quick thinking.
"Daei can be sold, but Tokuma Shoten must retain a certain share and continue to lead the investment in new films in the next five years."
This request is a bit excessive. Since you don't have a dominant shareholding, you still want to dominate the management of the company.
No matter how you look at it, there's a feeling that he has no idea of how high the heavens are and how immature the earth is.
However, Shirakawa Feng unexpectedly nodded and agreed, "Tokuma-san, please name a price."
"Well, Mr. Shirakawa's straightforwardness is admirable. He is worthy of being the most successful entrepreneur in modern Japan." Tokuma Yasukazu smiled.
"Huh?" Hiroto Takei next to him was a little confused. He couldn't understand what these two people were doing.
Shirakawa Kaede had his own calculations in mind. He did not explain anything now, but instead discussed the valuation of Daiei with Tokuma Yasushi.
Daiei was first forced to delist from the Second Section of the Tokyo Stock Exchange due to business failure, which shows how bad the situation was.
Later, it resumed operations under the auspices of Tokuma Shoten, but at that time its total assets were only 200 million yen.
Now under the management of Tokuma Shoten, although the situation of Daiei is better than before, it is still bad.
Including the studio in Kyoto and a total of 20 movie theaters throughout Japan, the total estimated value is around 1.4 billion yen.
As one of the oldest film companies in Japan, its total assets are only that much now.
It is less than 5% of Shochiku and Toho during the same period, which shows how bad the situation is.
Otherwise, Yasuyoshi Tokuma would not have considered selling Daiei, because there was really no profit.
Finally, after negotiations between the two parties, Shirakawa Holdings invested 1.2 billion yen and directly purchased 80% of Daiei's shares.
The remaining 20% is still held by Tokuma Shoten. In addition, according to the agreement, Shirakawa Holdings will not interfere in the operation of Tokuma Shoten in the first few years.
However, key positions such as finance will be taken over by people from Shirakawa Holdings.
In addition, in order to cultivate its own media talents, Shirakawa Holdings will also arrange its own people to study and research other positions within Daiei.
This is a business between Shirakawa Kaede and Tokuma Shoten. After the contract is signed, it will be Takei Hirotomo's turn.
As one of the founders, Hirotomo Takei holds a 33% stake in Tokuma Shoten.
The Tokuma family holds a 47% share, and the remaining 20% is contributed by Mitsuo Muta of Yomiuri Television.
These three parties were the original investors of Tokuma Shoten. Now, in order to enter the real estate industry, Takei Hirotomo is preparing to withdraw first.
The total valuation after separating out Daiei is approximately 5.3 billion yen.
Hirotomo Takei's 33% will now be transferred to Shirakawa Holdings for an estimated 1.8 billion yen.
However, considering his relationship with senior brother Takei, Shirakawa Feng paid a slight premium and acquired this part of the shares for 2 billion.
Under the witness of Tokuma Yasuyoshi, Shirakawa Kaede and Takei Hirotomo signed their contracts respectively.
"Junior Brother Shirakawa, it's a pleasure working with you! Haha!" Hiroyuki Takei, who had just signed, couldn't stop looking excited.
Finally, this burden has been thrown away. This guy Tokuma is like a stone in a toilet, smelly and hard.
Wouldn't it be nice to use such a large sum of money to invest in real estate now?
Yasukazu Tokuma, who also watched them sign, breathed a sigh of relief. With the money from the sale of Daiei films, his film and television strategy could finally go forward.
"Mr. Shirakawa, welcome to Tokuma Shoten. As for Daiei, we are planning to adapt Nausicaa of the Valley of the Wind into a film.
Do you need to review the plan in this regard? "
Although Tokuma Shoten will still dominate Daiei, the current major shareholder is Shirakawa Holdings after all, so Tokuma Yasuyasu still gives it the respect it deserves.
"Nausicaa of the Valley of the Wind?"
Just after winning the bid for Da Ying, a film project came along. To be honest, Shirakawa Kaede is still a little slow to react.
