Rebirth Tokyo 1986

Chapter 303 The Right Person

This September meeting, aimed at communicating with multinational corporations, was the first formal meeting of its kind held by the Chinese government since the reform and opening up, and senior leaders attached great importance to it.

That evening, Chief Jiang also hosted a banquet for representatives from 16 major multinational corporations.

While eating, everyone discussed how to achieve a win-win situation through investment in China.

Masato Takeshita was one of them, but his English was average and he could hardly understand what everyone was saying, so he chose to concentrate on eating most of the time.

Chief Jiang has a warm and cheerful personality and is full of humanistic spirit.

He noticed that the young man had been silent for a long time, and asked softly and gently.

"Takeshita-kun, how do you think we can achieve a win-win situation?"

Although he was asked suddenly, Masato Takeshita already had a plan in mind and expressed his thoughts calmly.

"Your country now has very developed human resources. It would be best to develop more OEM industries."

"Take our company as an example. We plan to place part of the production capacity of Xinghai mobile phones in China."

"Doing so will not only reduce costs and allow more people to enjoy the world's most advanced technology, but also increase your country's employment rate and allow more people to earn money."

Everything has to be done step by step. China is now suitable for OEM business.

As for investment in science and technology, it is not advisable to carry out large-scale investment for the time being. This is the basic law of economic development.

Japan and South Korea also experienced similar journeys earlier.

When we had no money at the beginning, we could only develop the textile industry that sold $1 shirts. After we saved up a little money, we could start developing heavy industries such as steel and automobiles.

After that, it is the high-tech fields such as electronics and semiconductors.

Looking at past lives, Japan, South Korea, and China all followed this path and developed well.

Masato Takeshita has no need to be unconventional and resist objective economic laws.

"Oh, your company plans to place part of its mobile phone production capacity in our country?"

"Yes, not only mobile phones, Xinghai Computer also has similar plans."

In the future, only a few seed factories will be retained in Japan, and most of the production capacity will be placed in China.

The domestic wages in Japan are too high, which is not conducive to Xinghai Mobile's overseas competition.

If he wasn't worried about Japan's unemployment rate and the need to maintain Xinghai Group's domestic influence, he would have wanted to move all his factories to mainland China.

After the banquet, Masato Takeshita chatted with this busy leader for another half an hour.

This concludes the outlook for China's economic development.

This time he also revealed some secrets, just like how he dealt with the Chinese Internet issue.

Yes, Masato Takeshita made a small change to the fate of China's Internet.

At the end of July this year, before the Galaxy Internet Cafe Alliance officially opened, China and the United States reached a cooperation agreement on Internet cooperation.

Since then, China's Internet has been integrated with the international community, and online information from all over the world can be easily browsed.

Truly achieve a wonderful life where a scholar knows everything about the world without leaving home.

"President Takeshita, good evening! I wonder how big an investment agreement your company has signed?"

"Hello, President Kurashige. Our company has signed an investment agreement for $15 billion, but we're still unsure how much of that will materialize."

Signing a cooperation agreement does not mean that it will actually be implemented.

After this meeting in the previous life, foreign contract investment reached more than 1000 billion US dollars, but only 270 billion was actually implemented.

Of course, Masato Takeshita had no intention of breaking the contract; he just didn't want Canon to see through his intentions.

The reality is, $15 billion might not even be enough.

Because the subsidiary Xinghai Technology will not only expand the scale of its electronics factory in China next year, but also build an 8-inch wafer factory.

In addition, the subsidiary Xinghai Life will start mergers and acquisitions of high-quality companies in China's food industry on a large scale.

"Your company is truly courageous, investing so much at once."

"We can barely make do. We are the younger generation, and we hope your company will take good care of us in the future."

Nobutaka Kurashige, who was talking to the young man, is the head of Canon in China.

In 1985, he was sent to China by Canon Group to conduct an inspection and help Canon invest in several OEM factories in China.

"No, we look out for each other. But I envy you guys so much for having everything right away."

When Kurashige Nobutaka first came to China, he really went through a difficult time.

He lived in Tianjin for three months, but there were no beds available in the hotel, so he had to sleep in a bed his partner borrowed from the hospital.

As for the troubles such as being refused to eat at restaurants because of not having food coupons and often having to walk to work, there were countless of them.

It can be said that I have truly suffered all kinds of hardships.

This topic was a bit heavy, and the young man didn't know how to respond for a moment.

At this time, Kurashige Nobutaka realized that he seemed to have said the wrong thing.

He quickly made amends with a smile, "Sorry, I just tend to lament when I get older. Well, if your company needs any help, I won't put it off."

"Yes, okay, thank you, President Kurashige."

The young man did have a lot of things he wanted the Canon China manager to help him with, but there were so many people around here that it wasn't appropriate to talk.

He planned to wait until the matter was over, then have a private dinner and give her a little test.

Starting next month, Xinghai Group will make larger investments in China.

However, the current interim head, Lin Qingqian, is too young and lacks management experience. While the current small scale is fine, problems are likely to arise as the scale expands.

Therefore, it is necessary to select a person in charge who has experience and a good understanding of Chinese society.

Masato Takeshita is very optimistic about Nobutaka Kurashige and hopes to successfully poach him.

For the next few days, the young man went to have dinner with Nobutaka Kurashige every day.

Until he couldn't help but ask: "Is there something wrong, President Takeshita?"

The young man then nodded and responded, "Yes, there is something."

"Our group is short of a person in charge in China, and I hope you can come and help."

Then Masato Takeshita did not give him a chance to refute and spoke bluntly.

"An annual salary of 6000 million yen is the basic salary that our group can afford."

For the top executives of major European and American companies, an annual salary of several hundred thousand dollars is nothing.

Many middle and upper-level leaders of large companies can get this salary.

It’s different in Japan. Even the top executives of Mitsui and Mitsubishi only have an annual salary of 20 to 30 million yen.

Later generations conducted a statistical study on the income of presidents of large companies, which can well reflect the differences between Japanese and American companies in this regard.

The average annual salary for CEOs of large American companies is $1000 million, while the average annual salary for CEOs of large Japanese companies is just over $100 million.

This is the result of currency inflation many times in later generations.

Of course, the salary at Xinghai Group is still relatively high.

The highest-paid employee among subsidiaries, Lou Gerstner, had an annual salary of over $300 million, while the lowest-paid employee, the president of Xinghai Communications, had an annual salary of $80.

Of course, this is a normal year.

If there is a major financial move, the annual income of several leaders of Xinghai Capital will easily reach the highest level in the company.

"Basic salary?"

Kurashige Nobutaka felt a little moved, but he still wanted to listen.

"Yes, it's the basic salary. Xinghai Group also has various types of benefits and bonuses. If there is no serious accident, it is very easy to earn over one million US dollars a year." Lou Gerstner was in a similar situation. His basic salary was only 200 million, and the miscellaneous bonuses were only over 400 million.

"Well, I'll think about it."

"No problem, I won't leave the capital for the next three days. You know my phone number."

"Understood. I will give you specific information within three days."

Kurashige Nobutaka unconsciously lowered himself and was already thinking of agreeing.

But Canon treated him well, so he still had some hesitation.

Masato Takeshita observed this keenly and said it seemingly unintentionally.

"After years of development by President Kurashige, Canon has finally established itself in China. It really is true that the early bird catches the worm."

"No, I still need to work harder. I can only say that I am barely doing well."

"If this is considered as a stretch for you, then we have nothing. Don't be so modest!"

Then Masato Takeshita praised Canon China inside and out in order to leave a better impression.

Speaking of which, Masato Takeshita did a lot of research before coming to China.

As long as the company has been deeply rooted in China for many years, he will investigate the main person in charge.

Initially, the young man was interested in the person in charge of Panasonic, but since he met the president of Canon China, he thought it was a good choice.

Since there was no meeting, Masato Takeshita naturally slept with Lin Qingqian at night.

"How is it, any results?"

The girl is very self-aware and knows that she is not capable enough.

Taking the Galaxy Internet Cafe project as an example, the general direction was completed well, but many problems arose in the details.

Next month, the group will begin a major factory construction project in China. With only a superficial understanding of the situation, she will struggle to ensure smooth operation of the factory.

Therefore, Lin Qingqian had resigned several times as early as last month.

The university charity project and the latest Internet cafe project have left her too busy to handle everything.

"If nothing goes wrong, you will get the desired results. The factory planned by the company will also be completed smoothly."

Masato Takeshita decided to use a few more drastic measures the day after tomorrow to completely defeat Nobutaka Kurashige.

As for tomorrow, he will accompany his lover shopping and sightseeing, and at the same time give Kurashige Nobutaka some time to think.

Thinking of this, the young man simply ended the current work topic and asked in a very relaxed and gentle tone.

"Where are we going to play tomorrow? Do you have a plan?"

"Well, I don't have any plans, just wandering around, eating something, and doing some shopping."

"That's it, that's good."

After a night of auspiciousness, both of them looked radiant and came to the breakfast place early hand in hand.

"4 fried dough sticks, 2 bowls of soy milk, 2 eggs, a scallion pancake, and a fried dough stick."

"Okay, please wait a moment!"

After finding a suitable place to sit down, Takeshita Masato asked curiously, "Have you been eating here lately?"

"No, occasionally, but mostly at home or in a hotel. I don't feel like staying home today, so I want to go out for a meal."

"Oh, that's how it is."

Breakfast arrived quickly, and the young man skillfully soaked the fried dough sticks in soy milk.

Seeing this scene, Lin Qingqian couldn't help but sigh and said, "Sometimes I even suspect you're Chinese in disguise. Whether it's your personality or your lifestyle, you don't look like a Japanese at all."

"Maybe. Maybe I was Chinese in a previous life."

"Makes sense."

The girl lost her usual coolness and nodded innocently.

After breakfast, the two chose to take a short walk in a nearby park.

"You don't need to worry about everything at work. You should give your subordinates more opportunities. And when a new leader takes office, you should learn from him."

Xinghai Group's large number of businesses in China will eventually be managed by the girl. She now only needs to make up for the lack of management experience.

As for more matters, there are young people to help keep a check.

"Ok, I know."

Lin Qingqian responded obediently, without any of the cold and heroic attitude she showed to others.

"Also, the internet cafe industry is very profitable, but there's no need to focus too closely on it. We are a technology-driven company. You need to focus on the Chinese business of companies like Xinghai Software, Xinghai Electronics, and Xinghai Chips."

"But I don't understand this either."

"I don't understand it either, but it doesn't matter. We just need to respect professionals and take good care of the work and life of R&D personnel, and good results will naturally come."

The most important thing for a company's top managers is not to understand technology, but to respect technology.

The current president of General Electric, Jeremy Welch, known as the best president of the 20th century, holds a Ph.D. in chemistry and must know a lot about science and engineering.

But it didn't work at all.

This guy inhumanely created the vitality curve system, which is the so-called last-in-last-out system.

The company has established strict assessment standards, and the bottom 10% of employees in terms of efficiency must be eliminated to enhance the company's competitiveness.

This system can indeed enhance corporate vitality in the short term, and because it puts extreme pressure on employees, profits will also increase significantly.

But he destroyed the company's scientific research environment, causing employees to feel insecure and serious internal struggles.

In order to complete performance tasks, many scientific and technological talents have to give up long-term planning and choose short-term projects.

General Electric's engineering culture of prioritizing technology was completely destroyed.

No one is interested in research and development anymore, everyone is pursuing short-term profits.

Once General Electric's technological foundation is exhausted, it will no longer be possible to achieve significant profit growth.

Welch walked away, leaving his successor with countless troubles.

Because the company no longer has industry-leading advanced technology, it only has projects that can make money in the short term.

To this end, GE had to transform itself into a semi-financial company. The result was that the company declined and was even removed from the Standard & Poor's 500 index.

A century-old enterprise was almost destroyed by the last-in-first-out system.

If the last-in-first-out system had not been decisively abandoned, the country might have declined even further.

This is an absolute shame for GE.

In its past life, Microsoft also implemented a last-in-first-out system, but the result was that it missed the entire PC Internet wave.

If I hadn't chosen to give up in the era of mobile Internet, I would probably have missed it.

After all, people are not machines and need a certain amount of humanistic care.

The cruel and cold last-in-first-out system will only make employees focus on short-term benefits and not care about the company's future survival.

The company's top management is planning for the future, but their subordinates just want to meet the requirements and not be eliminated.

As for future development, what does that have to do with us workers?

The important thing is not to make mistakes, so as to reduce the possibility of being eliminated.

After all, the more you do, the more mistakes you will make, especially in the early stages of long-term projects, which will definitely result in huge losses.

(End of this chapter)