Reborn Tokyo Golden Age.

Chapter 383 Market Value Ranking

As the end of April approaches, the battle between red and blue in the game console market continues.

The outside world is secretly expecting the two companies to announce the sales and turnover of their respective game consoles. They have been waiting for this good show, but they have been waiting for a long time.

But before the melon was eaten, another announcement from Baichuan Electric caused an uproar.

After more than a month of intensive accounting, Baichuan Electric's financial statements for last year have finally been completed.

At the end of April, after review by internal and third-party accounting firms, Baichuan Electric officially released its first financial statement since its listing.

Since its listing in October last year, as of the end of the year, Shirakawa Electric has a total revenue of 2285 billion yen and a net profit of 803 billion yen.

Along with the financial report, there are detailed schedules such as audit report and accounting statement.

The audit report is a third-party accounting firm's certification of the operation of Baichuan Electric, and the accounting statements include Baichuan Electric's asset statement, income statement, owner's equity change statement, cash flow statement and other information.

But for the general public, they don't pay attention to audit reports or accounting statements.

They focus on two figures, revenue and net profit.

Even the latter is the top priority, a profit of 803 billion yen, three months!

The stockholders made calculations, then immediately picked up the phone and yelled at the brokerage company to buy the shares of Baichuan Electric.

However, the news from stockholders is always the latest. The stock price, which was still hovering around 1400 yen two days ago, has risen to 1800 yen at some point.

Faced with the sudden rise in the stock price, the stockholders first patted their thighs, and then continued to frantically buy the shares of Baichuan Electric.

Having already missed an opportunity to make a fortune, the second wave has to get on the bus anyway.

After all, such a high profit cannot be faked, 3 billion in 800 months, is it worth it for a whole year?

Buy buy buy!Stimulated by huge profits, the stock of Shirakawa Electric rose for three consecutive days, reaching a record high of 3200 yen in one fell swoop.

The stock price of a single plant is 3200 yen, which is nearly 1300 times higher than the 2.5 yen at the beginning of the listing.

This also means that the market value of Shirakawa Electric has risen from 10900 billion yen to 26830 billion yen in one fell swoop, a total of 107 billion US dollars.

The stock price of Baichuan Electric is still rising, but it is not as crazy as the previous three days.

After all, the profit in just three months has stimulated shareholders, and the profit margin calculated by combining revenue has almost exceeded most listed companies.

This is the reason why stockholders frantically pour into the stock market and speculate on the stock of Baichuan Electric.

In fact, the reason why Baichuan Electric's profits in the last three months are so high is also a bit of a trick.

Because the sale of CD players and speakers in October also added an extra profit for Shirakawa Electric.

Therefore, comparing the financial reports before listing and now after listing, the profit increase will be so obvious.

Of course, Baichuan Electric will not explain anything, isn't it delicious to cut leeks silently?

Didn't you see that there are many more congressmen who called Bai Chuanfeng recently and people who greeted Bai Chuan Electric?

My pockets are bulging a lot, so I should make a phone call to express my thanks.

Of course, the leeks will never know the behind-the-scenes transactions. They are only amazed at the market value of Shirakawa Electric's 2.68 trillion yen.

The media are not willing to be lonely, except for reporting on the rapid rise of Baichuan Electric.

Financial News even listed a list of the Neon Top [-] companies by market capitalization based on the market capitalization of each listed company.

Ranked first is Toyota, which tops the list with a market capitalization of 16.78 trillion yen.

It is worthy of being the largest car manufacturer of Neon. While dominating the domestic market, it is also famous overseas.

Looking at the entire Neon, it is difficult for any company to reach this height.

Followed by the Neon Telegraph and Telephone Corporation, which ranks second, its market value is only half of Toyota's about 8.1 trillion yen.

As one of the three major communes of Neon, which is the predecessor of NTT, it has always been in a monopoly position in the field of telephone communication.

In recent years, with the full popularity of telephone communication in Neon, the business of Telegraph and Telephone Commune has also been soaring.

Relying on its monopoly position in the market, its market value ranks second in Neon.

Ranked third is Mitsubishi Financial Group, with a market capitalization of 7.7 trillion yen.

The fourth Chugai Pharmaceutical 6.3 trillion yen, the fifth Japan Post 5.4 trillion yen.

Ranked sixth is Sony, which follows Japan Post with a market capitalization of 4.8 trillion yen.

In recent years, with the advent of Walkman and CD players, Sony's reputation in the international market is also increasing day by day.

Especially last year, CCD technology was officially commercialized, and it won another trump card in the field of image sensing.

The market value of Shirakawa Electric is rising, and Sony will naturally not stand still.

Even with the gradual commercialization of its various technical achievements, this pace will become faster and faster.

It can be predicted that with the development of telecommunications network technology in the future, traditional industries will gradually be replaced by new electronic technology industries.

The Neon Top [-] market capitalization rankings also prove this point. After Sony, Honda Motor, Panasonic, Nissan Motor, and Toshiba, three of the bottom five of the top ten are electronic technology companies.

It was also from here that the competition for rankings on the list became fierce in vain.

Often the market capitalization difference between the former and the latter companies does not exceed 1000 billion yen.

And Shirakawa Electric also ranks No.2.68 on the list with a market value of 19 trillion yen.

The former is Mitsui & Co., Ltd. with 2.78 trillion yen, and the latter is Mitsubishi Corporation with 2.66 trillion yen.

This ranking happened to be on the tail of the top [-], and it barely appeared in the column highlighted by the Financial Daily.

However, although in the top [-], Baichuan Electric is the last place in the electronics manufacturing industry.

But for a company less than four years old, it's a miracle.

What is the concept of the top [-] of the entire neon ranking? For ordinary people, this is a proper giant enterprise.

Take a look at what kind of monsters are in the top twenty of the list. They are either giants in the auto industry or public utilities with a monopoly.

The rest are affiliated companies of several major chaebols, such as Mitsubishi, Mitsui, and Sumitomo.

As for the electronic manufacturing companies ranking relatively low in the list, it is because the entire electronic technology industry of Neon is moving forward collectively and has not yet reached its peak.

The mid-to-early 80s was definitely a golden age for the electronics and automobile industries.

Baichuan Electric's ability to rank among the top [-] is more or less the reason for these bonuses.

Of course, being in the top [-] does not mean that Baichuan Electric is the top [-] richest companies in Neon.

You must know that those chaebols have many subsidiary clubs or affiliated clubs, which are also on the list.

If they are integrated into a whole, maybe the first one will not matter to Toyota.

However, although this ranking does not represent comprehensive strength, it is at least a reflection of corporate value.

Among those companies that have been established for decades, Shirakawa Electric has a history of less than four years, which is particularly eye-catching.

The Financial Daily even directly used "the attacking Baichuan" to describe the performance of Baichuan Electric in the stock market.

At the same time, the media also spent a lot of time introducing the development history of Baichuan Electric in detail, and countless reporters wanted to interview Baichuanfeng.

But at this time, he had already flown to the other side of the ocean, and those who wanted to meet him were doomed to fail.

The main purpose of Bai Chuanfeng coming to Beimi this time is to negotiate with IBM about the standardization of optical drives in the future.

Because IBM is headquartered in New York, his first stop in Beimi was also directly landed in this east coast city.

Previously, IBM sent invitations to more than 300 computer-related manufacturers around the world, and they finally gathered in New York on May [-]rd.

As the host, IBM presided over the meeting without hesitation.Sony, Philips, and Shirakawa Electric are responsible for playing support.

The purpose is to unify the various specifications of optical drives and computers in the future, and at the same time determine the patent system for optical drives.

After all, I have licensed the related technology of the optical drive for you to manufacture, so everyone should pay a little patent fee.

However, Hewlett-Packard and Wang An Computer were not happy. As the second only to IBM in the computer market, how could I pay patent fees to competitors?
So they just wanted to raise their hands to express their opposition, but they were stared back by IBM.

Do you two dare to question my decision?Believe it or not, IBM will persuade the three cheap CDs to cancel your patent authorization directly.

Hewlett-Packard and Wang An Computer became angry and asked loudly, can they do whatever they want with technology?
Sony, Philips, and Shirakawa Electric stood behind IBM, showing meaningful smiles.

Hey, with technology, you can do whatever you want.

Hewlett-Packard and Wang An Computer faltered and murmured with puffy eyes, and finally succumbed to IBM's despotic power.

The optical drive is indeed a good thing. After the IBM mainframe was equipped with an optical drive in the first two months, it quickly became a hot commodity among major companies.

Although this thing does not support writing data by itself for the time being, it is much more convenient than hard disk or floppy disk.

Especially in the next year, the three cheap customers headed by Sony will soon launch consumer-grade CD burners.

At that time, the market for optical drives must have been much larger than it is now. After thinking about it, under the temptation of profits, HP and Wang An Computer silently bowed their heads and became small.

And Texas Instruments, who had just raised its hand halfway, quietly retracted its movement after a slow clap.

Cough~ Forget it, computers are not the main business of Texas Instruments, let's just watch the excitement.

The high-spirited IBM drew his sword and looked around. After seeing that there were no opponents, he pressed his hands in satisfaction to signal everyone to sit down.

Harmony makes money~
In the end, under the unanimous agreement of all participants in this conference, IBM joined hands with several members of the CD Technology Alliance to unify various standards for optical drives.

At the same time, optical drives are also open to third-party computer parts manufacturers, and everyone will jointly promote the popularization of optical disc storage.

In terms of patent fees, every time a manufacturer manufactures an optical drive, it needs to pay a licensing fee of US$ 25 to the patent alliance.

The $25 will be shared among the initiators of this meeting according to a certain ratio.

Among them, Baichuan Electric received 7 US dollars, and IBM, Sony, Philips, Microsoft and other companies divided the remaining 18 US dollars.

So far, the technical standard of the first-generation optical drive has been officially recognized by global computer manufacturers.

In the next few years, everyone will abide by this treaty and carry out activities in optical drive technology and market.

As for the follow-up standard supplement of optical drives with the advancement of technology in the future, we can only wait for the next meeting.

Of course, this patent authorization fee is not static, and it will be adjusted continuously with subsequent meetings.

With the end of the meeting, Bai Chuanfeng wanted to chat with someone from Microsoft, but someone approached him first.

(End of this chapter)