After Nan Yi and Catherine finished talking about work, they walked out of the castle and into the garden outside.
Catherine went to find Nan Wuwei and played with him. Nan Yi came to the swing with a stack of information about the insurance industry, put the information on the swing, sat on the ground, picked up a few sheets of information and started to read through them.
Nan Yi is now looking at information about the Eagle Country's pension system. The information shows that the Eagle Country is the ancestor of the modern welfare state, and its pension system can be traced back to the Poor Law of 1601. According to this law, each parish is responsible for collecting "Poor Law Tax" from residents and property owners, and using the tax revenue to provide relief to the poor.
As the elderly population continues to increase, the pension problem in British society is becoming increasingly serious. The traditional Poor Law is of no help to the increasingly serious elderly problem, and all sectors of society have begun to strongly demand an effective pension system.
In 1908, Parliament formally approved the Liberal government's Pension Act, which stipulates that any person over the age of 70 who meets the conditions stipulated in the act can receive a pension, and all expenses required to pay the pension will come from government funds.
Since it violated the principle of combining rights and obligations from the very beginning, the free pension system established by the Pension Act of 1908 not only brought huge pressure to the finances, but also forced the coverage and benefit standards of the pension system to remain at a low level, greatly reducing its pension security function.
In 1942, Sir Beveridge, Chairman of the British Social Security Service Committee, published the famous "Social Insurance and Related Welfare Services", formulating the four principles of the post-war social security plan: the principle of universality, the principle of guaranteeing basic living, the principle of unified government management, and the principle of equal rights and obligations.
In accordance with the "Social Insurance and Related Welfare Services", the United States promulgated and implemented the "National Insurance Act" in 1946, which established a public pension insurance system - the National Basic Pension System, abbreviated as BSP.
The system increases pension benefits for single elderly people and couples, and incorporates the national basic pension system into the entire national social insurance system, making it an important part of comprehensive social insurance, thus laying the foundation for a welfare system from cradle to grave.
For a long time, the American people have been proud of their pension welfare system. Coupled with the rigid nature of the system, which requires that benefits can only be increased but not reduced under election pressure, the American people's pension welfare expenditures remain high.
As the aging trend of the Eagle Country's population becomes increasingly serious, the Eagle Country government is facing increasing financial pressure on its public pension insurance system.
In 1979, the Thatcher government came to power and the United States' pension system entered a period of radical reform. The government began to change its previous practice of taking on all responsibilities and tried to transfer some of the pension responsibilities previously borne by the state to the private sector and individuals in society. Its primary purpose was to reduce the financial payment pressure of public pension insurance.
Two years ago, the United States promulgated the Social Security Law, which made major reforms to the pension system.
The bill first reduces the government's burden by revising the national income-related pension plan to reduce the level of national pension payments;
Secondly, reform the occupational pension plan to allow employers to set up defined contribution occupational pension plans instead of defined benefit occupational pension plans, thereby alleviating the financial pressure on employers to set up occupational pension plans;
The last step is to introduce the individual pension plan, which is designed by financial institutions such as insurance companies and provided to individuals for their choice.
The law stipulates that employers who do not provide occupational pension plans for their employees must reach an agreement with one or more insurance companies to enable their employees to participate in personal pension plans. Individuals can also directly participate in personal pension plans provided by insurance companies without going through their employers.
After reading this, Nan Yi basically understood the Eagle Country's pension reform ideas. To sum it up, it is moving towards the direction of relying on society and individuals for pension.
After a little thought, Nan Yi realized that the pension reform in the Eagle Country would not be smooth sailing. In the social structure of the Eagle Country, in addition to 80% of the citizens serving private enterprises, another 20% of the people serve the public sector.
Local government employees, national health system employees, teachers, soldiers, etc., these people enjoy a different pension plan, pay low or no pension, but can receive the highest standard pension after retirement.
Nan Yi did not see any clauses regarding these two adults in the provisions of the Social Security Law of 1986, which means that their pension system remains the same.
Differential treatment, coupled with problems such as low reform efficiency, frequent and changing institutional reforms lacking continuity and stability, and obstruction from vested interest groups in pension reform, Nan Yi can foresee that for a long time in the future, the pension system of the Eagle Country will definitely be a one-sided approach, with minor repairs until it is almost rotten, and then drastic changes will be made.
If the current situation continues, the burden of pensions in the future will mainly be borne by enterprises.
"This burden will become heavier and heavier. Sooner or later, it will drain most of the profits. It's not easy to carry." Nan Yi sighed, feeling fortunate that he had promoted the pension fund within the Nan Group early on.
It is much better to carry the burden at your own pace than to force it and be caught off guard.
As the burden on enterprises increases, there are only two ways for them to continue operating: first, migrate to underdeveloped countries that are in the wild development stage; second, introduce foreign workers with low security requirements. Without having to bear various welfare benefits for the workers, the expenditure of enterprises will be reduced significantly.
From this perspective, the Ikeda trainee dispatch has reached a time of rapid expansion, and the next twenty years will be its golden period of development. This unprofitable business can also bring considerable profits to the Nan family.
Nan Yi thought roughly about the impact that the pension system would bring to the Nan family, but stopped thinking when he was about to go into detail. There were so many things to think about that it would not be easy for him to sort them out by himself. It would be better to leave the complicated matters to the Information and Strategy Committee.
Putting the pension information aside, Nan Yi picked up the insurance company related information.
"Adam, let's take Wuwei out to play. Well, the name Wuwei is too difficult to pronounce. We should give him an English name." Catherine took Nan Wuwei to Nan Yi and said.
Nan Yi said without even looking up: "You can call him Nan, Catherine, how much do you know about Lloyd's Insurance?"
"You're interested in Lloyd's?"
"Yes."
"But its shares are too dispersed, and management adopts a parliamentary system, so no shareholder has much say."
Nan Yi put down the information, raised his head, and said, "I don't necessarily have to have a say, but I think the model of this company is good. It has been standing for more than 300 years. It's not bad to invest in it as an asset to preserve its value."
Lloyd's of London, commonly known as Lloyd's, is the most profitable and reputable insurance company in the world.
The high profits come from its willingness to insure everything. In 1906, the San Francisco earthquake caused a serious fire, for which Lloyd’s paid $100 million in insurance premiums.
In 1912, the giant passenger ship "Titanic" hit an iceberg and sank, killing nearly 2,000 people. Lloyd's paid another $2.5 million in compensation;
In 1937, the German Hindenburg airship exploded in mid-air, and Lloyd's also insured it and paid nearly 10 million U.S. dollars in compensation.
After the 1970s, the compensation paid by Lloyd's for several major disasters was so shocking that it was shocking.
One was a worldwide demand for compensation for the side effects of using asbestos, which amounted to monetary losses of up to US$30 billion, of which Lloyd's was to pay US$6 billion in compensation.
In another case, a computer system failure in a US company caused unprecedented losses. It was calculated that Lloyd's had to pay compensation of US$400 million.
1983 was an eventful year in the history of world aviation. That year, 28 civil airliners insured by Lloyd's crashed, for which Lloyd's paid $300 million in compensation.
In 1984, Lloyd's boldly underwrote three communications satellites of the United States. Unexpectedly, these three satellites deviated from their orbits and malfunctioned.
Originally, Lloyds was to pay $300 million in compensation, but its management suddenly had an idea: could they catch those satellites flying all over the sky, repair them and relaunch them, so they could pay less money.
What's more, they actually accomplished this task, and Lloyd's saved more than 70 million US dollars in insurance compensation.
During the Iran-Iraq War, the Gulf waters became a battlefield where Iran and Iraq launched oil tanker sabotage operations. Oil tankers and cargo ships entering and leaving the Gulf waters were either hit by shells and caught fire, or were trapped in the Gulf with both the people and the ships.
Many world-renowned insurance companies dare not get involved in shipping in the Gulf waters, considering this area a restricted area for fear of causing disaster and losing both their money and lives. Only Lloyd's dares to intervene and take the risk of providing insurance.
Although the waters of the Gulf are extremely dangerous, huge oil wealth and shockingly high salaries still attract ships and seafarers to venture in and out of the Gulf.
Lloyd's insured shipping in these waters, and despite the tragic situation of 100 oil tankers and cargo ships sinking, being damaged or trapped, causing the company to pay up to $500 million in insurance claims, Lloyd's still felt it was a good deal.
Because insurance premiums in the Gulf waters have been rising again and again, a cargo ship worth only $5 million has to pay $5 million in insurance for seven days, making the profits extremely lucrative.
Although Lloyd's pays a lot, its business is broad enough. As long as the premium is high enough and the risk is lower than the warning value, it dares to insure anything, including celebrities' faces, models' legs, and even more bizarre, unheard of, and impossible to insure for outsiders.
Precisely because it is not picky about its clients and businesses, its business volume is naturally large. Coupled with its reliable team of actuaries, Lloyds can naturally obtain higher profits.
As for why its reputation is the highest in the world, it has a lot to do with its organizational form and operating model.
Lloyd's is not an insurance company in the traditional sense. Its organizational form is very unique. It is neither owned by an individual nor a conventional joint-stock company. Instead, it is a corporate consortium with tens of thousands of members in dozens of countries around the world and composed of hundreds of syndicates.
Lloyd's does not directly undertake insurance business with its own funds. Instead, the company's investors personally bear the insurance risk. The syndicate undertakes various insurance businesses, but the company must come forward to contact and sign agreements with customers.
Strictly speaking, Lloyd's is an insurance intermediary that connects clients with investors willing to take risks. It charges a "service fee" in the middle. Because it does not need to use its own money to make claims, it is naturally quick to make claims.
Lloyd's will not cheat its customers for the purpose of saving money for investors. Reputation is the basis of its survival. As long as its reputation exists, Lloyd's will be able to make profits year after year.
In other words, as long as you become a shareholder of Lloyds, you can receive dividends year after year.
Nan has passed the stage of capital shortage and no longer needs to concentrate all funds on a few projects. It has reached the stage of finding more baskets and dispersing the eggs, investing in various investments with different risks of high, medium and low to allocate funds reasonably.
Lloyds belongs to the low-risk, low-return basket. The combination of return and capital utilization ratio can run slightly faster than inflation.
This type of investment is not suitable for people who want to spend every penny carefully, nor is it suitable for people with high capital circulation.
Among Lloyd's shareholders, there will always be some whose economic conditions change. In the past, they could invest part of their funds in Lloyd's to preserve its value, but now they may need to raise funds to protect their core assets.
Therefore, it is not difficult for Nan to acquire shares in Lloyds. All it needs to do is be patient and wait for the troubled shareholders to sell their shares. There is no need to adopt a premium acquisition strategy.
Nan Yi has transitioned from forcing himself to have a long-term vision to a stage where he is qualified to have a long-term vision. He no longer needs to live in fear every day, and he doesn't need to worry about waking up to have nothing and having to start all over again.
For a small enterprise with limited strength, it is not qualified to formulate three-year or five-year plans. If it cannot survive the present, it will be of no use even if it can keenly see that the industry will usher in a big boom in a few years.
The vision of a successful person is not necessarily longer-term than that of a loser. It can only be said that the successful person knows how to survive better and can endure longer than the loser. After all, the survivors are the kings.
Just like many industries represented by the domestic home appliance industry, knowing that they will engage in several major melees, Nan Yi has no need to intervene too early and fight a war of attrition with competitors with no visible benefits. He can just wait until the farce is over and use his financial advantage to push the final winner into the abyss or play the role of timely rain to help it.
Industries such as biotechnology, semiconductors, and agriculture require accumulation bit by bit and do not allow for any shortcuts. That is why Nan Yi tightened its belt and intervened early on, starting from scratch step by step.
As for the rest…
All of you below $280 billion, get down on your knees.
What, your father’s surname is Nan, stand up; your aunt’s surname is Liu, why didn’t you tell me earlier, stand over here, let’s be friends... What are you looking at, you bastards, get down on your knees.
After discussing the topic of insurance companies with Catherine for a while, Nan Yi and she took Nan Wuwei on a two and a half day free tour of London, taking him to every interesting place.
Afterwards, Nan Yi went to Bolin Investment Holdings to look at various financial statements and have heart-to-heart talks with important senior executives.
Communication is a very tiring job. Nan Yi cannot just wait for his "subordinates" to cater to him. He also needs to give them little surprises to make them feel that they are valued. It is difficult to grasp the right balance here. After all, people have many faces and needs to be treated differently according to their needs.
Nan Yi does not need to and cannot communicate with the middle-level management. His instructions can only reach the top level and cannot go down any further. What he needs to care about is the strategic level, not specific tactics. That is what the top management of subsidiaries should care about. This is both a right and an obligation. Interfering in other people's affairs will only cause the top management to become alienated.
At present, there is not much difference between an annual salary of one million and two million. What the one with two million can enjoy, the one with one million can also enjoy. The difference of one million cannot make a class leap.
Therefore, the incentives for senior management cannot be reflected only in salary, but more in passion and sense of accomplishment. In many cases, adding responsibilities to senior management is more effective than raising their salaries.
After all, salary increases are made little by little. It is impossible to increase five or ten times. If an annual salary of one million becomes tens of millions, it is still questionable whether the extra nine million is worth it.
And, what about next time?
From tens of millions to hundreds of millions, and from hundreds of millions to billions, step by step, how many times can a company withstand this increase?
At a certain stage, capable senior management will help them achieve a class transition, such as from an employee to one of the bosses. These are issues that Nan Yi needs to be concerned about in the next few years.
Nan Yi sat in the conference room, negotiating with a senior executive every day. The rest of the time was spent looking up information on various industries in Eagle Country and reviewing the information on the next senior executive he was going to meet.
One by one, Huang Yingzi was put last.
“Are you happy living in London?”
"After living here for so many years, I have adapted to the people and weather here. Although it rains frequently, I have been able to face it optimistically."
"How many times did I go back last year? You know, Aunt Huang is too talkative, so it's not convenient for me to go see her, so..." Nan Yi spread his hands and said.
Huang Yingzi nodded, "I know, my mother is a talkative person, there are no secrets with her, my relatives and neighbors all know about my work in London;
I was afraid that she would call me, because whenever she called, it would be someone who wanted foreign currency, or someone who wanted to go abroad and needed a guarantor. I had already found guarantors for four people and exchanged tens of thousands of pounds at a loss.
I asked her to come live with me, but she refused. I had no choice. My mother's bragging outside had to be dealt with by me. I was also afraid to go back. I only went back during the Chinese New Year last year, and even then, I had to help find two guarantors. "
Huang Yingzi's words were full of helplessness. Who made her have a mother who loved to brag and care about her reputation?
Nan Yi could fully understand Aunt Huang's behavior. Huang Yingzi was a posthumous child. It was not easy for Aunt Huang, a widow, to raise her. She suffered a lot. In addition, Huang Yingzi's appearance made her looked down upon since she was a child. She was depressed for more than ten years. Now that she has finally gotten her wish, it is normal for her to be a little bit arrogant.
"It's not a big deal to find a few guarantors and exchange some foreign currency. Be more understanding of Aunt Huang and do what you can. But you also have to talk to her and try not to take on thankless tasks."
"I know, I certainly understand, but when it comes to that, I still find it annoying."
"Yeah." Nan Yi nodded and changed the topic to work. "Please introduce the current investment situation of British Sun Capital. Pick out the important ones. I will look at the less important reports myself."
"Okay, the company's main investments are..." Huang Yingzi blurted out: "Choi Fung Group 15%, Sendai 35%, Farmers Insurance Group 1.5%, Sainsbury's 4%, Anglo American 2%, Unilever 3.2%;
I have recently been in contact with several small shareholders of Kingfisher Group. They hold a total of 2.2% of the shares. I expect to acquire about 1.5%;
Everything is going well for Sendai, and I will talk to James about the listing;
Sainsbury's also has several small shareholders who are interested in selling their shares and I will find an opportunity to talk to them."
After listening to Huang Yingzi, Nan Yi nodded in affirmation, "The rest is up to you. Regarding Sainsbury's, you need to pay attention to the changes in Eagle Country's pension system. It has too many employees, and pensions are a huge burden. When analyzing its growth potential , take this into consideration."
"I understand that and I always take this factor into account when analyzing investment objectives."
"Very good, I've always been very confident in your work." Nan Yi praised, and then said: "My son is tired of eating steak, I plan to cook some delicious dishes in the evening, you can come with us."
"OK."
"Put the information down and go do your work first."
It took more than ten days for Nan Yi to communicate with all the senior executives of Bolin Investment Holdings and sort out the business of Bolin Investment Holdings.
In the next ten days or so, all Nan Yi had to do every day was to eat and drink well, read the newspaper, and exercise according to the doctor's instructions. Then, at the right time, he would transform into a breeding pig and make his own contribution to human reproduction.
April 28, 1988, Nan Yi will always remember this day.
It wasn't easy, it wasn't easy at all, but on this day Catherine finally found out she was pregnant.
If they still can't get pregnant, Nan Yi will suspect that he and Catherine are suffering from "idiopathic infertility", which means that both men and women are in good condition but are incompatible with each other and cannot get pregnant. However, if they change people to mate, they can easily get pregnant.
Since Catherine is pregnant, it is time for Nan Yi to leave.
However, before leaving, Nan Yi gave Catherine a task, which was to buy Gruina Island from the Karan family at a low price.
Before 1942, Gruynor Island, located off the northwest coast of Scotland and only 1.1 kilometers away from the British Isles, with an area of ​​1,940 acres, was completely comparable to the Peach Blossom Spring described by Tao Yuanming.
In the 16th century, the Callan family took a fancy to this island and bought it as a sheep ranch, which became one of the many ranches in their family.
But in 1942, the United States selected Gruina Island as the first anthrax experiment site for military reasons, and promised that after the experiment, the Callan family could redeem the island for 500 pounds.
But who knew that things would get out of hand and anthrax would contaminate the entire island, turning this beautiful island into a biochemical island.
Although several perfunctory cleanup operations were carried out afterwards, the anthrax was never completely eliminated until the year before last, when Downing Street, under social pressure, began a new round of cleanup operations:
280 tons of formaldehyde were injected into the island's soil, and then deep wells were drilled all over the island. A large area of ​​gasoline was poured and burned for a long time, but anthrax still existed.
There was no other choice, so Downing Street had to take a drastic measure and directly cut off 30 meters of the island's surface, and all the soil on it was transported away and sealed.
This step is still ongoing, and it is very difficult to say whether anthrax can be completely eradicated. Even if anthrax is completely eradicated, the island will lose its original value. It will not be suitable for grazing or tourism development. Tourists who have heard of this island will not be willing to take the risk.
However, it is precisely because of the island's notoriety as a "biochemical island" that most people dare not approach it that Nan Yi took a fancy to it and planned to build a sheep farm on it and establish a third biopharmaceutical branch institute "× File" to conduct research on sheep placenta and stem cells.
People have been researching sheep placenta since the 1910s, and in the 1930s, a kind of "active cell therapy" was derived. It was very popular for a while, and some people even came up with the idea of ​​"artificial meat" based on the theory of infinite cell division.
For example, if a chicken likes to eat chicken legs, you can "grow" chicken legs in the laboratory; if you like chicken butts, you can grow chicken butts. In layman's terms, it means allowing cells to divide in a set direction. By extending this theory, you can grow various organs as needed.
Although this idea was proven to be unreasonable in the 1960s, many institutions are still continuing to study sheep placenta.
In his previous life, Nan Yi had heard a lot about the miraculous effects of sheep placenta, such as comprehensive wrinkle removal, anti-aging and so on. He even knew someone who had received sheep placenta injections at a sky-high price. However, he had always had doubts about the magic of sheep placenta.
Previously, he had discussed the issue of sheep placenta with researchers from the Third Biopharmaceutical Company, and the response he received was that it was worth studying, but the research direction should not be beauty, but organ transplantation and cancer.
This is the opinion of the researchers, who have not considered the issue of investment at all. Indeed, if the research can be successful as planned, the future will be promising, but who knows how many years it will take, and who knows whether it will be in vain in the end.
Researchers may not consider investment, but Nan Yi must. Therefore, he wants to take a chance on the prospects of organ transplantation and cancer, and he must also seize the readily available beauty applications. Only by generating blood first can he persist in his uninterrupted investment.
As for stem cells, there weren't any outrageous rumors about them. They were very promising, but he hadn't heard of any major breakthroughs before he came here. Needless to say, this was another bottomless pit.
× Archives not only conducts research on sheep placenta and stem cells, but also engages in some research projects that are not suitable for public disclosure and need to be kept absolutely confidential to prevent competitors from stealing them. Gruina Island, which is not far from the bustling city and convenient for researchers to take vacations, but is also a place that people are reluctant to approach, is very suitable for Nan Yi's needs.
…
After leaving London, Nan Yi went to Tokyo again.
During the shogunate period, rice cultivation was the main industry in Japan, and the shogunate's main tax revenue came from farmers' rice. Since it was a tax, it had to be paid in real money, and farmers could not carry rice to pay, so farmers would exchange the rice for money after harvesting it in the fall.
Since the rice harvest is mostly between August and October, if the taxes are settled in December, farmers only have 2-4 months to sell the rice for money to pay the taxes. The shogunate then has to rush to plan the budget for the entire year before January, so time is tight.
Therefore, in order for both parties to deal with it calmly, the tax collection time was set around April.
This is the so-called Japanese fiscal year. Japan's fiscal year is from April 1st of this year to March 31st of the following year. Japanese companies usually pay dividends in March or April. The same is true for Yama no Mi. In previous years, dividends were paid in early April.
Last year, Men Saner was interested in acquiring the shares held by Xian Weimin. This was obviously an attempt to kick Nan Yi and the other man out and work on his own. Nan Yi was very calm about this matter. He had to go through this sooner or later, and it didn't matter whether he left early or later. It all depended on how the conditions were negotiated.
When Nan Yi and Nan Wuwei arrived at the Japanese garden at Lake Kawaguchi at the foot of Mount Fuji, Xian Weimin was already sitting in the pavilion drinking tea.
"Are you tired? Do you want to take a nap?" At the gate of the courtyard, Nan Yi stopped and said to Nan Wuwei.
"Dad, I'm not tired."
"Then listen to what Dad and Uncle Xian have to say."
Nan Yi stroked Nan Wuwei's head and took him into the pavilion.
"How long have you been here?"
"I spent an hour and a half soaking in the hot spring in your backyard." Xian Weimin said calmly, holding a teacup.
“When was the last time you went to the hospital for a physical checkup?”
"Fuck the street, I'm not sick."
"It's hard to say. I'll ask someone to renovate the backyard tomorrow." Nan Yi said playfully.
"Yan family shovel." Xian Weimin cursed with a smile, then his face turned serious, "Nan Yi, what's your valuation?"
"130 billion yen."
"The numbers I came up with are similar, so I'll go with yours."
"In addition to business, we are also friends. Give me 10 billion." Nan Yi looked at the teacup and found that it was barley tea, so he poured a cup for Nan Wuwei as well.
"I'll listen to you. If you say so, I'll give in. Among the three of us, I have the least say. I only invested some capital at the beginning, and I hardly contributed any effort afterwards. After the accounts are divided, I'll give you 8 billion from my share."
"Okay, stop being polite. How much shares do you own in total?" Nan Yi waved his hand and said with a smile.
Of the shares of Shan's Taste, Nan's family holds 70%, Men San'er holds 20%, and Xian Weimin holds 10%. Of the 12 billion yuan, 8 billion yuan was taken out, leaving only 4 billion yuan. This is so unfair to Xian Weimin.
Xian Weimin added: "I really don't care whether I take the money from selling shares or not. The dividends I received in the past few years are already quite a lot."
"Come on, let's drop this topic. Call Men San'er out for dinner tonight. I've been putting it off for so long, he must still be worried."
Nan Yi had always been mentally prepared for Men Saner's proposal to work alone. He knew that this day would come sooner or later, but this day came too early, which made him a little dissatisfied and a little disappointed with Men Saner.
Therefore, Nan Yi already had a plan in mind. He could give in to Shanzhiwei's valuation, but if Shanzhiwei got into trouble in the future, he would not help in vain. Besides antiques and monkey stamps, he would no longer have anything to do with Men Saner in business.
It’s fine to drink and chat, but it’s better to avoid doing business.
Men Saner did not talk to him directly, but went to Xian Weimin first. This meant that he and Xian Weimin were treated as pure business partners instead of friendship first. This was what made Nan Yi most unhappy.
If friendship comes first, Men Saner should go directly to Nan Yi and say that he feels he gets too little. Then they can sit down and talk it out, and they can come up with a new distribution plan.
"Then leave him hanging."
Xian Weimin's tone contained dissatisfaction with Men Saner.
Nan Yi didn't want to continue the topic of Men San'er, so he said, "Let's talk about you. Don't you have a new girlfriend? When are you going to bring her out to meet her?"
"If you want to see her, you can see her tomorrow. This is basically settled. I plan to marry her."
"Oh, you've changed your mind. Where is the woman from?"
"I'm from China, I came to Tokyo to study, I just arrived not long ago, and I'm still taking classes at a language school."
"Oh, what's your name?"