Rebirth Tokyo 1986

Chapter 173 We Must Have Our Own People
No organization or individual can refuse a partner who can bring them more benefits, and the same is true for Nintendo.

First, they allowed "Soviet Cube" to jump the production line, and then they invited Star Ocean Games to go to Kyoto to renegotiate.

After Masato Takeshita learned the news, he immediately and solemnly told Rogers: "President, the negotiations are now in your hands."

"We don't ask for only 300 yen in licensing fees like Namco and Hudson did. We also don't ask for only 700 yen in licensing fees like Capcom did."

"We can pay the 1000 yen licensing fee that ordinary third-party game manufacturers pay, or even pay more than 1200 yen."

"The only requirement is that we must obtain the rights to self-produce game cartridges."

In addition to the game plans provided by Masato Takeshita, Xinghai Game employees also design games independently.

The sales of these games cannot be controlled, and the production rights need to be independently controlled.

"Let it go, President. Nintendo's President Yamauchi will most likely agree."

Rogers is now confident and very sure that he can convince Nintendo.

Because the news that Sega is developing the 16-bit game console MD is no longer a secret.

Although Nintendo says it doesn't care, it actually takes it very seriously.

After all, Sega, like Nintendo, is a company with a strong lineup of first-party games.

Nintendo was able to smoothly transition from arcade to console gaming leader, and Sega has the same potential.

If Nintendo doesn't want to push the StarCraft game to Sega, it won't refuse their reasonable request.

However, Rogers' greater confidence comes from "Soviet Cube".

Although it’s only the first week, this game already has the aura of being the number one game of the 20th century.

As a blacksmith, you must always be strong yourself.

"Well, that's good. I'll give you all a surprise when I come back."

"Oh, surprise. Well, then we will have a double happiness."

"You're right."

……

Rogers went to Nintendo for negotiations, while Masato Takeshita came to Xinghai Investment.

“Have all the funds been established?”

"Registration has been completed as required by the president."

Takamasa Yoshimoto, vice president of Xinghai Investment, responded in a serious tone.

"Well, then we will set up four more public offering funds. They will be named after the 4 solar terms: Beginning of Spring, Rain Water, Waking of Insects, and Spring Equinox."

The four public funds established by Masato Takeshita are mainly for his own company's employees.

Among them, the Lichun Fund is mainly composed of employees of Matsumoto Manufacturing; the Yushui Fund is mainly composed of employees of Xinghai Semiconductor; the Jingzhe Fund is mainly composed of Xinghai Investment; and the Chunfen Fund is mainly composed of Xinghai Games.

His original plan was to set up a separate private equity fund for his own Xinghai Investment.

Because many well-known hedge funds will do this in the future.

For example, the famous Grand Medal, the fund with the highest income is the one established specifically for employees.

However, Masato Takeshita later thought that the most controversial thing in the world is not the lack of wealth but the inequality of wealth.

Matsumoto Manufacturing and Xinghai Semiconductor have so many employees that they cannot set up private equity funds. It would be better to switch to public offerings and then invest in their own private equity funds.

On the one hand, this ensures equality, and on the other hand, it allows for more handling fees to be collected.

Although the handling fees of public funds are not much, they are still a very considerable income.

On the other hand, Masato Takeshita also thought that if one person succeeded, the whole family would benefit.

Xinghai Investment has made huge profits this year and will continue to make huge profits in the future.

This money cannot be left entirely to outsiders, our own employees must also share a piece of the pie.

After all, the most important thing for a company is its internal employees.

The powerful people outside can only add icing on the cake but will never help in times of need.

It’s different for the employees in a company. They prosper together and suffer together.

Many times, for the sake of the company's development, people will even ignore their personal desires.

This is also the main characteristic of Japanese enterprises.

The establishment of a public fund is the surprise that Masato Takeshita and Rogers mentioned.

Because the company's employees invest their spare money in the company, the annual increase can be at least 30%.

In addition, Masato Takeshita also considers the retirement of the company's employees.

The pensions of Japanese retirees are not that much, and in many cases they are not enough to support themselves and their spouses.

The main reason why so many elderly Japanese people have to go out to work in later generations is that their pensions are not enough.

If the pension is sufficient, it is estimated that more than half of the elderly would choose to take a walk, play golf, sing or dance every day.

It would be different if you invested your money in Xinghai Investment.

You can spend your pension as much as you want, not only to meet your daily life needs, but also to travel and have fun everywhere.

The beaches of Hawaii and the mountains and waters of Jiuzhaigou are both beautiful places that are well worth visiting.

"Yes!"

"Registration must be guaranteed, this is our company's own fund."

"If employees of Xinghai Investment want to invest in their own private equity funds, they can go the route of first public offering and then private offering."

Masato Takeshita was worried that Kamoto Takamasa didn't take it seriously, so he quickly reminded him.

Kamoto Takashi quickly raised his head with a surprised expression on his face.

"Our own fund?"

He had long wanted to invest in his own fund.

After all, in just less than a year, the three private equity funds have expanded several times. Who would not envy this ability to make money?

Unfortunately, there was no chance before.

And even if he had the chance, he estimated that his own president would not allow it.

"Yes, these four funds represent the four companies under my control."

“If employees of Xinghai Investment want to make money in their own private equity funds, they need to invest in Jingzhe Fund.”

"From now on, Jingzhe Fund will be the public fund of our Xinghai Investment."

Each company has a separate fund to avoid confusion.

There will not be a situation where you earn more and I earn less.

"Yes, I will make sure it's arranged."

Kamoto Takashi was very excited and couldn't wait to tell everyone the good news.

In addition to him, the company's employees have also discussed investing in their own funds.

As the banquet approached, some employees were making overt and covert hints in the hope of getting a ticket.

Including himself.

That's good now, no need to worry anymore.

Although a certain amount of handling fee will be charged, since it is a public fund established by the company itself, the handling fee will definitely not be too high.

Takamasa Kamoto's guess was correct. Masato Takeshita was only prepared to charge the most basic handling fee, which was half of the average level.

Anyway, there is no need to arrange for someone to invest, you can just buy shares of your own private equity fund without thinking.

“Wait, don’t forget the principle of voluntariness. If employees don’t want to invest, we won’t force them. This is a money-making business, and I don’t want to be the bad guy.”

Masato Takeshita doesn't care whether his employees buy shares of public funds or not.

He is very famous now.

If the company's own public funds are invested less, then it can obtain more shares from external investors.

He doesn't want to help others make money with good intentions, but instead gets himself into trouble.

"Don't worry, President. No one will refuse."

Masato Takeshita's prophetic actions were revered by everyone. Even in the minds of employees, they had formed a concept that if they followed the president, they would definitely make money.

There was no choice before, but now there is such a good investment opportunity, no one would be stupid enough to refuse it.

"That's not necessarily the case. Everyone has their own unique perspective. Remember, it's okay if someone says no."

"Yes, I understand!" After leaving the president's office, Takamasa Kamoto immediately told everyone the good news.

The office of Xinghai Investment was suddenly filled with noise.

The surprise came so suddenly that everyone felt a little dizzy.

"Vice President Kamoto, is there an investment limit?"

"Yes, yes, are there any restrictions on investment?"

Everyone gathered around Kamoto Takamasa and asked questions at once.

This is also the characteristic of the company under Masato Takeshita's management, the hierarchy is not so strict.

If it were any other company, no one would dare to ask this question.

Of course, Masato Takeshita also has a company with a strict hierarchy, which is Matsumoto Manufacturing.

However, Matsumoto Manufacturing is also constantly undergoing transformation and is now much better than before.

This is also related to the fact that Matsumoto Manufacturing was originally a small company.

The hierarchy in small companies is not that strict, so the difficulty of reform is naturally smaller.

If it is a large company like Toshiba, it would be difficult to complete the transformation even in 1 or 10 years, let alone more than a year.

Maybe, like the country, it will take the efforts of one or two generations.

For example, Japan is still famous for its overtime culture, and even the term "corporate slave" was born.

It was not until after 2020 that overtime work began to decline.

Although it is not as relaxed as in Europe and the United States, it is still more comfortable than China and South Korea, which are also East Asian countries.

"The amount of money invested in public funds cannot exceed two-thirds of the salary + bonus after tax deduction."

Although he wanted company employees to also earn more by taking advantage of the opportunity, Masato Takeshita did not want all the private placement shares to be occupied by his own company's employees.

At the beginning, except for the employees of Xinghai Investment, other members of the company may be skeptical about public funds.

But a few years later, when all the investors make money, everyone will definitely go crazy.

For lighter jobs, all wages are invested into it.

Those with a medium level of ability will choose bank loans.

As for heavy employees, they will not only use their own money, but also raise funds from relatives and friends.

This is an inevitable part of human nature.

Therefore, Masato Takeshita discussed this condition with Takamasa Yoshimoto early on.

However, as its funds continue to grow.

In the future, Masato Takeshita will also take the large fund route and no longer engage in operations such as leveraged loans.

At that time, he will relax the conditions.

Not only will the company's employees be allowed to invest their entire salary and bonuses, they will also be allowed to invest their children and spouse's money into the fund.

The only thing left to do is to raise funds by borrowing from friends and family.

This is an illegal act, and it's easy to get killed if someone reports it.

Masato Takeshita didn't want to have anything to do with these things.

“Great, there’s such a high share.”

"It's really good. It would be even better if loans were allowed."

"It's impossible that there are no restrictions. If there are no restrictions, people like us will definitely borrow a lot of money."

"makes sense."

Although a small number of people are not very satisfied, most employees are still very satisfied with the current conditions.

If you can’t get a loan, then don’t get one.

Safety is more important than making money.

Compared with the enthusiasm of Xinghai Investment, the reactions of Xinghai Semiconductor and Matsumoto Manufacturing were relatively average.

If it weren't for the unique herd mentality of the Japanese, it is estimated that only 10 out of 3 smart people would respond to the investment.

This is because Japan's investment enthusiasm is relatively high now.

如果换成21世纪，别说是10分之3，就连10分之1都不会存在。

Everyone is scared of investing, fearing that their family will be ruined if they are not careful.

This is also a characteristic of traditional industries, which are not very sensitive to activities such as investment.

Speaking of which, Chinese stock investors will be the most active in the future.

This may be related to the fact that Chinese stock investors are relatively young.

Whether in Japan or the United States, stock investors have been ripped off countless times.

Gradually, the stock market moved towards an institution-dominated path.

China is different. The stock market has only just started and is mainly composed of individual shareholders.

Therefore, extreme situations are prone to occur in stock trading.

Most of the time, stock trading is not based on value investing, but on market sentiment.

Later, the United States also gradually developed this characteristic.

Large investment institutions hype up the market in various ways and then reap the profits from small institutions and individual investors.

……

The next morning, Rogers contacted Masato Takeshita by phone.

"President, Nintendo has agreed to our terms and the price of each cartridge has been negotiated down to 700 yen."

"The conditions are so good?"

Masato Takeshita couldn't believe that this was the condition given by Nintendo.

"There are conditions over there, and we may lose some of our profits."

"Oh, there are conditions. Tell me."

Masato Takeshita was relieved now.

With such good conditions, it would be strange if Nintendo didn't ask for it.

This is not 1984, and while there is a threat from Sega, it is still the future.

Given Nintendo's arrogance, it is impossible for it to give Star Ocean Games such good treatment.

"Nintendo wants the copyright for the handheld game "Soviet Tribe"."

"I see. Okay, what are the conditions?"

Masato Takeshita nodded in understanding.

So it was for a handheld game console, no wonder.

Compared with the FC red and white console, Nintendo's control over the handheld game console field is not very strong.

If "Soviet Tribe" falls into the hands of other handheld game console manufacturers, it will bring a lot of trouble to Nintendo.

It would be better to exchange the handheld copyright for the production of FC cartridges now.

"1000 million US dollars, a direct buyout."

"It's a big deal, but I refuse."

"Tell Nintendo that I can sell it, but I have to get a share of the sales for each copy."

1000 million US dollars is only more than 10 billion Japanese yen, which is not enough compared to the hundreds of millions of sales of Nintendo handheld consoles and the almost equal sales share of "Soviet Tribe".

Even if Masato Takeshita charges 100 yen in copyright fees for each copy of "Soviet Triangle", he will still have revenue of over billion yen in the future.

Don't lose the watermelon of the future for the sesame seeds in front of you.

"So what is your bottom line, President?"

"How about this, you talk to Nintendo directly. We don't want much, 500 yen per share."

Considering that there are too many requests, Nintendo will give up on setting "Soviet Tribe" as a built-in game for the handheld console.

Masato Takeshita lowered his head and thought for a while, then said a lower number.

(End of this chapter)