Chapter 364: It Was Obviously My First
"Arai-san, how is the business performance of Kitato Bank this year?"
In addition to Shirakawa Electric and SIC, Shirakawa Feng is also most concerned about the situation of Kitato Bank.
As the only financial institution in Shirakawa Holdings, it has extraordinary strategic significance in the future.
Hearing Shirakawa Kaede's question, Arai Yu picked up the materials at hand and began to make a detailed report.
“Compared to last year , the pace of expansion of Kitato Bank has accelerated again.
In addition to the five prefectures of Tohoku and Hokkaido, we are also promoting the construction of branches of Hokuto Bank in Tokyo and the south.
Compared to the 18 branches when it first took over in early 1992, after two years of development, there are now 49 Kitato Bank branches in Neon.
Tokyo has the highest density of branches. Including the Hachioji branch that is under construction, there are a total of 10 branches throughout Tokyo."
Branch means bank branch. After two years of development, having 49 branches is already very remarkable.
This does not include the ATMs scattered around the streets. After all, a branch is a branch with a business hall.
If we only look at the Kitato Bank terminals that are accessible to the general public, then its presence is all over the 23 wards of Tokyo.
"Next year's branch expansion plan can focus a little more on the layout in the south, where Kitato Bank's influence is still too low."
In southern regions such as Kyushu and Shikoku, except for a few major cities, Kitato Bank has almost no presence.
Shirakawa Kaede's original idea was to open Kitato Bank in every city in Japan with a population of over 200,000 before 1996.
It seems that this speed is still a bit slow now, but the financial industry alone cannot support the expansion of Beidu Bank at such a speed.
When Arai Yu heard Shirakawa Kaede's instructions, he nodded in agreement, but his expression became quite serious.
Such a task is not easy for him.
Because Beidu Bank has almost no roots in the south, expanding too quickly could easily become a negative asset for the bank.
"Let's put it this way. Next year, Shirakawa Electric will select a location in Kyushu and Shikoku.
Used to build a second CD factory and a supporting CD drive factory.
By then, Beidu Bank can move into local areas at the same time as them, and then use this as a base for decentralized expansion.”
"If so, Kitato Bank is confident that it can complete this task."
Sure enough, when Arai Yu heard what Shirakawa Kaede did, his expression visibly relaxed.
It may not work if it is just
In Tokyo, the reason why Kitato Bank expanded so quickly was because of the support of Shirakawa Electric's factory.
The salary cards of thousands of people are all opened in Beidu Bank, and they are all active users.
In addition to depositing their savings in Beidu Bank, many people also use Beidu Bank for financial management.
Thanks to their participation, Kitato Bank was able to take root in Tokyo in just one year.
If this system is replicated in the south, it will undoubtedly be much more reliable than if Beidu Bank goes it alone.
After planning the bank's development strategy for the coming year, Arai Yuya began to report to Shirakawa Kaede on Kitato Bank's revenue for the year.
Unlike last year when it had no presence at all, this year Kitato Bank made a lot of money by taking advantage of the listing of Shirakawa Electric.
The profit from underwriting new shares alone was 12 billion yen. After that, Kitato Securities also made a small profit of about 4 billion by utilizing the primary and secondary stock markets.
These are just the dividends brought by Shirakawa Electric's listing. In addition, don't forget the core business of Kitato Bank.
Investment income, intermediary business income, interest difference income, and credit card business income are the main sources of bank profits.
Among them, investment, interest rate spread and credit cards are the bulk of the profits, but Kitato Bank's profits only come from the latter two.
As for investment, there are some. There are many agricultural projects in Akita.
However, the profits are very touching, less than 500 million yen a year.
But fortunately, it is still relatively stable, so Baichuan Feng did not move this part of the related business, but planned to hold it for the medium and long term.
The interest rate spread and credit card business do make money for banks.
The interest rate spread is the difference between the interest on depositors' deposits and the interest on banks lending the same money. To put it bluntly, it is still making a profit from the difference.
Many of the depositors of Kitato Bank are employees of Shirakawa Electric, and their combined salaries are definitely an astonishing figure.
Even if Beidu Bank does not lend money, the interest on interbank deposits alone is not a small amount.
As for credit cards, they mainly earn annual fees and installment repayment fees, which is the second largest source of profit for Kitato Bank.
In 1983, the total profit of Beidu Bank's financial business was about 43 billion.
Together with the dividends from the listing of Shirakawa Electric, the total is 59 billion yen.
It seems like a lot, but compared with banks like Dai-ichi Kangyo Bank, Mitsubishi Bank and Sumitomo Bank, it is at least ten times less.
The journey from a local bank to a medium- to large-sized bank will not be smooth.
Kitato Bank is just on the road to turning around and moving forward with difficulty.
If normal development laws are followed, it may take decades to achieve this goal.
Of course, if you encounter an opportunity that comes once in a century, it may not be impossible to soar to the sky.
However, out of the 59 billion in profits, only about 40 billion will go into Shirakawa Holdings' account.
After all, after two years, Shirakawa Holdings only controlled about 70% of the shares of Kitato Bank.
As the future core enterprise of Shirakawa Holdings, although Kitato Bank has not yet grown up, its profitability is already evident.
In terms of revenue, Kitato Bank ranks roughly third within Shirakawa Holdings.
Following closely behind is HAL Research. As the only software industry company within the group, its revenue this year also hit a new high.
The bulk of the profits come from Chinese character reading and writing cards installed in Fujitsu personal computers, and more than 500,000 units have been shipped so far.
Because its cost is very low, two-thirds of the selling price of 29,800 yen is profit.
So this product alone brought HAL Research Institute nearly 9 billion yen in profits.
In addition, the computer game department is also making moves everywhere. Games developed by HAL are now available on .
Compared to last year's revenue of less than 600 million yen, this year 's figure has soared to 7 billion yen.
The biggest contributor here is, of course, our fat classmate Satoru Iwata.
"Mr. Iwata, what plans does HAL have for the computer game business next year?"
At that time, Shirakawa Feng directly appointed him as the head of the computer game department.
For Satoru Iwata, who had just graduated, this was both a pressure and a motivation.
It is well known that he is obsessed with games. After graduating from Tokyo Institute of Technology, he joined HAL directly.
He even had a big fight with his father because of this. His father is the mayor of Muroran City, Hokkaido.
Like many traditional parents, he absolutely could not tolerate his son engaging in a gaming job that others considered to be unproductive.
The right thing to do is to return to Hokkaido and inherit his legacy.
It is foreseeable that the vastly different values between this father and son will lead to fierce conflicts.
When the conflict was at its worst, Iwata was so angry that he almost planned to live in Tokyo permanently and never return to Hokkaido.
In the end, it was Shirakawa Kaede who personally called Hiroshi Iwata, Iwata's father, and persuaded him to agree to let Iwata work at HAL Research Institute.
It has to be said that the name of Shirakawa Electric is very useful, especially in Tohoku and Hokkaido.
Hiroshi Iwata was still stubborn at first, but when he learned that it was Shirakawa Kaede who hired Iwata personally, he accepted the fact that his son was working in the gaming industry.
It’s not that he recognized the prospects of the gaming industry, it’s just that Shirakawa Kaede’s name won his recognition.
He thought that if the founder of Shirakawa Electric personally called to persuade him, then this job must be very important.
Isn’t the vision of a well-known entrepreneur convincing enough?
So Iwata finally got the support of his family and is now the head of the computer game department at HAL Research Institute.
Hearing Bai Chuanfeng's question at this moment, he immediately sat up straight.
Honestly speaking, seeing so many senior executives in the conference hall made him a little nervous, but also excited.
“In addition to preparing to launch the home game console in the first half of the year as planned, we are also in contact with third-party game developers.
Several companies have expressed interest and a preliminary agreement is expected to be reached after the new year.”
The development of home game consoles was also assigned by Shirakawa Kaede to the computer game department.
After all, when it was first promoted, the home game console had another name called "home computer".
As for why it is called a "home computer" when it is clearly a game console, it is one thing to look high-end.
In addition, it is much easier to cheat money from parents using this name.
"The home game console business is our main project for next year. Please ensure its smooth launch."
"Hai!"
"By the way, which third-party game developers have you contacted?"
"Hudson Software, Enix Corporation, and Mr. Kenzo Tsujimoto..."
"Kenzo Tsujimoto?"
The first two Baichuan Feng are understandable, after all, they sound like the name of a company.
But the last one sounds like a person's name, right?
"Hai..." Iwata nodded awkwardly, and Furumura, who was sitting next to him, showed a slightly sarcastic smile.
“Although Mr. Kenzo Tsujimoto is unemployed now, he has extensive experience in the game industry.
He has previously founded a well-known game retailer , and he will probably continue to work in the game industry in the future, so I think now is the right time to contact him.”
Unemployed? Bai Chuanfeng looked a little strange.
As for Tanimura, he did not hide the sarcasm on his face. He looked down on the partners that Iwata had found.
Take Kenzo Tsujimoto for example. His warehouse was filled with unsold arcade machines, and he had to sell his house to pay off his debts.
Due to the deterioration of the business situation, I had to resign and leave the company I founded.
How can we expect him to make a comeback with this?
There is also Hudson Software. Originally, they wanted to open a coffee shop, but later found that there was already a coffee shop where they wanted to open a shop.
So he converted the coffee shop into a radio store, but because he had no business experience, he kept losing money every month.
They had no choice but to start selling computers and developing games. Their business policy was "quantity over quality."
The company once released more than 30 games every month, but all of them failed and none of them was successful.
Tanimura didn't understand what potential such a company had.
Enix looks like a serious company, but its founders are two college graduates with very little experience in game development.
Therefore, Tanimura was very disdainful of the several partners found by Satoru Iwata.
He was very jealous of Shirakawa Kaede's preference for Iwata Satoshi, even though he was the president of HAL Research Institute.
As a result, throughout the entire meeting, my presence was not as strong as the other party's.
It was obviously me first!
