Rebirth Tokyo 1986

Chapter 31 Act immediately
"OK! Then shall we sign the contract now?"

"no problem."

Masato Takeshita is decisive and efficient, and Michael is no less so.

Although he did not have enough funds to buy 1 suitcases, Michael had decided to fulfill the contract by borrowing money from the bank.

"Very good, with a sharp vision, decisiveness and courage, he is a person who can accomplish things."

Masato Takeshita was very satisfied with Michael's performance, and his tone became softer unconsciously: "Do you want to have a simple meal together?"

"Okay, I'd rather obey you than be disrespectful."

Whether in the East or the West, the dining table is an important place to deepen relationships. Two people eat and chat, and soon they become familiar with each other.

"Takeshita-san, can I get more state agency rights?"

Michael's ambition is not limited to California. He wants to obtain the agency rights of more regions and earn more profits. If there is only the California market, the risk resistance is relatively weak and it will be eliminated by large dealers sooner or later.

"Want to get more state agency rights? Of course. As long as the annual sales in California that you are responsible for can reach 30, and you can come up with conditions that Matsumoto Manufacturing is satisfied with, why not?"

The model of one agent per state does make it easier for Matsumoto Manufacturing to control distributors. However, this is not the Internet era yet, and too many distributors are not conducive to market expansion.

Masato Takeshita's plan was to divide the entire United States into five major regions.

The western region is centered on California; the southern region is centered on Texas; the central region is centered on Chicago; and the most developed eastern region is divided into two parts, centered on New York and Boston respectively.

This will make management easier and will also help in competing with other upcoming brands.

As for Canada in the north of the United States, Masato Takeshita is not going to split it up. Canada's total population is only about 10 or 20 million, which is less than the population of any large region in the United States. There is no need to divide it too finely.

"Can you tell me what the conditions are?"

Michael was very calm and wanted to know the obviously more important condition.

"30% of the new company."

Michael was the first foreign distributor to approach Matsumoto Manufacturing, and Masato Takeshita was willing to give him a chance and make him a model distributor of Matsumoto Manufacturing.

But he is not the kind of foolish president who only makes and plants trees. If you want to get benefits from him, you must pay for shares.

"No problem, prepare the contract, we will sign it soon."

"Very good, I will wait for your good news."

After lunch, Michael found a hotel to rest, and then came to Citibank’s Tokyo headquarters in high spirits.

"Hey, Michael, aren't you going to New York for a meeting today?"

"Something unexpected happened, so I didn't make it."

Michael was very secretive and did not reveal his secret to his apparent friend.

"It was an accident. Can you tell me about it?"

"Well, I need to go to the president's office."

"Sorry! Okay, you're busy."

Tuchel, a middle-aged German man with a beautiful beard, immediately realized that his question was a bit abrupt, and walked aside with an embarrassed smile.

"Well, bye!"

"bye!"

"Hey, Michael, aren't you going to New York today?"

President Miller is nearly 60 years old and is a very traditional American white man. So he basically gave all the opportunities to show his face to his subordinate of the same ethnicity.

"Yes, that's what it should be. But I've got some tough priorities, so I'd like to take a month off." Michael wasn't ready to risk it all.

Unless the suitcases sell well in the next month, he will consider quitting this high-paying job with an annual salary of more than $30.

"A month's vacation? Sure, but you have to finish the things on hand first."

"OK, don't worry."

After taking leave, Michael returned home.

"Honey, why are you back so early today?"

Michael's wife Linda, a middle-aged woman with burgundy hair, looked at her husband in confusion.
Didn't you say you were going on a business trip for a few days? Why are you back so suddenly?
"Well, there's something. Can you find the deed to our house?"

Michael currently lives in a house in Chiyoda Ward, Tokyo. He bought it when he came to Japan five years ago for the purpose of making it easier for his children to go to school.

When it was first purchased, the price was less than 4000 million yen, or about 15 U.S. dollars. Now the price in yen has tripled to about 1.2 million yen.

The increase in the US dollar was even greater, almost tripling to nearly 3 US dollars.

He planned to mortgage his house to the bank and sell all the stocks he had bought to support his business venture.

"Okay, honey, just a moment."

"Ah."

"It's a small matter. Don't be nervous. I will always support your choice."

Linda found that her husband's mood was a little off, and he was excited but uneasy. She didn't know what happened to her husband, but she knew that as the closest person, she must support her husband's choice.

"Thank me……"

"Shh, don't say it. It won't be too late to tell me when you succeed."

Linda winked playfully and smiled to silence her husband.

She herself was not someone who could keep secrets, and she didn't want to affect her husband.

"okay."

Michael nodded heavily and decided to make his wife and children live a happier life.

After getting the title deed, Michael did not choose to apply for a loan from Citibank, but went to Dai-ichi Kangyo Bank instead. He did not want his colleagues to know that he was taking out a loan, fearing that there would be complications.

The authorized loan amount granted by Dai-ichi Kangyo Bank for the house is very high, directly reaching 9% of the house price.

But this was common in Japan's bubble era. When the craziest phase of the bubble economy arrives next year, the amount of money a bank lends for a house may even exceed the actual price of the house.

Because at this time, all sectors of Japanese society firmly believed that housing prices would only rise and not fall. Even if some areas temporarily fell, it was just a technical adjustment.

The purchase price of 1 suitcases is not expensive, only 6000 million yen, which is less than 40 US dollars.

After Michael completed the mortgage and sold out his stocks, he had more than $90 in cash on hand, more than enough to pay the down payment.

As for the rest, it is mainly used to pay for some miscellaneous expenses.

Such as lawyer fees and agency fees for registering a company.

One is a rigid requirement when signing a contract, and the other is a must-have in the United States and Japan to facilitate fund management.

"It should be enough to last for three months."

Michael became more confident as he watched the suitcases sold out in the mall. He firmly believed that the suitcases would be popular throughout the California market just like they were in Japan.

(End of this chapter)