Rebirth Tokyo 1986

Chapter 420 Specialized Hospital
"Brother Takeshita, this is Yang Zhiyuan, good morning!"

"Hmm, good morning. No, it should be good afternoon, Brother Yang."

When greeted by a business partner over the phone, Masato Takeshita reacted quickly and decisively, giving the correct answer.

"As expected of Takeshita-kun, your reaction is so quick."

"It's common sense everywhere."

The two talked back and forth on the phone for about five minutes before finally getting down to business.

"Brother Takeshita, it's like this. Our company is going public on the 22nd of this month. Would you like to join us for the bell-ringing ceremony?"

"No, this honor doesn't belong to me. You and David are the main characters."

If Masato Takeshita were to participate, it could easily lead to him overshadowing the host.

One wrong move and you could completely offend Yahoo's leadership.

“Both Takeshita and Sequoia have helped us a lot, and you should share this honor together.”

"Brother Yang, you're exaggerating. We're just adding icing on the cake, not that important. You and David are the soul of Yahoo, we're just here to lend a helping hand."

The company founder is the main character who rings the bell at the IPO; the investors behind the scenes don't need to steal the spotlight from the founder.

One wrong move and the consequences will be dire.

Besides, he doesn't really like living in the spotlight. So he avoids things like ringing the bell if he can.

Takeshita Masato's repeated modesty convinced Jerry Yang that it was not just polite talk.

The two chatted for a few more minutes before hanging up.

"It's going to be launched this month, that's fast!"

The young man then tapped on the table, muttering something with a hint of regret.

"Oh, what a pity."

Yahoo's IPO was rushed, having been just over a year since its founding.

However, this was a fairly normal practice in the early days of the internet.

If the company is growing well and the founder is willing, it can go public very quickly.

But as time went on, and people gained a more comprehensive understanding of the internet, neither exchanges nor company founders were willing to go public early.

Stock exchanges worry that internet companies will go public and then run away with the money, while internet companies are reluctant to list too early because the market value is too low.

Many internet companies that are not short of money simply choose not to go public.

For example, ByteDance, and miHoYo.

One has a market capitalization of hundreds of billions, and the other has a market capitalization of tens of billions, both in US dollars, and neither has considered going public.

Yahoo is not a fraudulent company; its growth has been proven.

By going public so early, everyone is losing money.

"Well, it's fine this way too."

It would indeed be a loss for a promising internet company to go public early, but after thinking it over, Masato Takeshita felt that it would be more beneficial for the Xinghai Group.

When Yahoo goes public, Xinghai Group's shareholding will shrink from the current 20% to 13.2%.

As for the reason, it's simple.

Before a company goes public, it must allocate 12% of its stock to its employees as IPO options.

This is almost a shared sentiment within the American technology industry.

If you don't comply, your talent pool will quickly dwindle.

As a result, Xinghai Investment's shareholding will decrease to 17.6%.

Next, Yahoo will raise funds by offering 25% of its shares in its IPO.

A simple calculation shows that Xinghai Investment's shareholding ratio has decreased to 13.2%.

Such a small number of stocks simply cannot meet the needs of young people.

He plans to gradually increase the proportion of acquisitions, aiming for at least 25%.

Of course, this process will not be carried out by Xinghai Investment alone, but by various funds and subsidiaries with spare cash.

The fact that Xinghai Group holds too many Yahoo shares cannot be revealed, as it could easily provoke suppression from American capital.

Of course, there's no need to worry too much.

American capital wanted to support Yahoo as a beacon of the internet, thereby igniting global enthusiasm for internet companies.

In this way, American investment banks and capital can make huge profits.

As long as Xinghai Group doesn't go too far and disrupt the overall planning of American financial capital, Yahoo won't be suppressed.

After all, compared to the entire internet, Yahoo is nothing.

Don't let the small lose the big.

After sorting out all his thoughts, Masato Takeshita picked up the phone to connect with Miho Uchida.

"Uchida-san, inform the company's vice president that there will be a meeting at 3 p.m. tomorrow."

"Yes, President!"

When Masato Takeshita requested a meeting, the vice presidents naturally dared not be absent.

They either tell their subordinates that tomorrow's meeting is postponed, or they apologize to their partners, saying that there is an emergency at the company.

In short, everything should prioritize the will of the youth.

"Huh, what happened?"

The new receptionist, watching the vice presidents leave one by one, asked in a curious whisper.

"It's probably because the president is having a meeting; it happens occasionally."

The equally beautiful girl next to the girl explained in a soft, experienced voice.

"I see, thank you Saori-nee."

"It's nothing, our company is very relaxed, it's not that serious."

As the sole founder and absolute shareholder of Xinghai Group, Masato Takeshita's every move has a tremendous impact on the group.

He doesn't like wearing suits, and apart from a few departments like public relations and sales, no one in the entire group wears suits.

He enjoys charity, and the group's employees are also willing to donate in various ways.

He disliked the rigid hierarchical system in the workplace, so companies created an atmosphere of relaxed work environment.

……

In short, under his influence, Xinghai Group increasingly developed into the model of later internet companies.

Workplace hierarchies still exist, but the traditionally cruel hierarchy of Japan is no longer present.

Furthermore, compared to later internet giants, Xinghai Group was even better.

Xinghai Group operates on an 8- to 10-hour workday, with hours exceeding 10 hours only occurring occasionally.

In the US, large internet companies typically have 10 to 12-hour workdays, while smaller ones generally have even longer hours.

As for the motherland of my previous life, the overtime work was even more brutal.

Many people have virtually no rest time outside of work.

However, as time went on, overtime work in large companies has improved.

It's not that big companies are kind-hearted, but rather that they've found that excessive overtime is detrimental to company innovation.

After all, people have limited energy; if they devote all their energy to work, they will have less time to acquire knowledge.

Many inspirations require a synthesis of more knowledge.

This is also the norm in social development.

The early imitation stage mainly tests a person's ability to endure hardship.

During the mid-term catch-up phase, diligence remains the primary focus.

In the later stages of surpassing others, there are no longer any good paths forward, so naturally more innovative talents are needed.

This is also the common path forward for the vast majority of countries and companies.

A similar comparison is made with Ford Motor Company, which created the concept of the automobile assembly line.

Ford not only pioneered the assembly line system in factories, but also actively promoted the 8-hour workday.

Is it because he is kind-hearted?
No!

This guy was a ruthless executioner who colluded with gangsters and brutally suppressed worker strikes with gunfire. The reason was simple, Ford discovered this after careful observation.

An 8-hour workday is most beneficial for Ford's production.

If the process takes too long, it can easily lead to product quality problems.

Of course, 10 hours is also fine.

However, Ford abolished this time system because it was considered that 8-hour shifts were possible for three shifts, while 10-hour shifts were not conducive to scheduling.

The new recruits were still confused and surprised that so many high-ranking leaders had come.

The long-term employees, however, seemed somewhat indifferent. It was a common occurrence; there was nothing to be surprised about.

This is headquarters, isn't it common to see high-level leaders here?
Soon, the company's vice presidents arrived one after another.

Takeshita Masato cleared his throat and then stated directly the purpose of his sudden meeting.

"Yahoo is about to go public, and I hope to increase the company's stake in Yahoo from 13.2% to 25%."

“In the past, I entrusted these matters to Xinghai Capital.”

"But now I feel that it's not a good idea to concentrate all investments in Xinghai Capital."

Hearing his chairman say this, Kamoto Ryu's expression remained unchanged, even though he had been given prior notice.

In any case, Xinghai Investment is the only financial institution of Xinghai Group, so whether it has a lot of money or a little doesn't affect its status at all.

The most important thing for me is to keep up with the president's needs.

Of course, his abilities did not support his ambitions.

There is a well-known theory in the economics field,

If you're not smart, then hire more smart people; the consequence is that you can forget about having absolute power in the company.

If you want to run a one-man show, then you need to be prepared to personally manage everything.

For Kamoto Takamasa, his own chairman is the representative of the latter.

Xinghai Capital oversees and manages everything at Xinghai Investment; the manager is merely a steward. Xinghai Capital can operate healthily with or without the manager.

So he would do whatever the chairman said, and never thought of rebelling.

This is why the founding emperor usually wields the most power.

The founding emperor knew the country and its officials too well and enjoyed a very high reputation, making it difficult for the officials to resist.

Unless the founding emperor suddenly goes mad, giving those with ulterior motives an opportunity, then there's really no way to save the country.

As for the other vice presidents, they all had the same thought in their hearts.

"Could it be that we can also make money by investing with the chairman in the future?"

Just as the heads of several subsidiaries were making connections and their hearts were pounding, the young man helped confirm it.

"I have decided that the group will implement a 50%+50% strategy for future investments in key projects and companies."

"Xinghai Capital holds half of the shares, and the remaining 50% is shared by the other companies based on revenue, personnel, and profits."

"I'll give everyone 10 days to discuss this matter. Once that time is up, there must be a result."

The leadership of Xinghai Group understands Takeshita Masato's ability to turn ordinary things into gold better than the average person.

Therefore, they will definitely fight tooth and nail to get a larger share.

This involves profits and the company's year-end bonus distribution.

"President, isn't this a bit too short?"

"It is indeed a bit short, but there's nothing I can do about it. Yahoo, the company I'm optimistic about, is about to go public."

Conflicts of interest are always complex and complicated.

However, given the current situation, the only option is to speed things up.

With that in mind, the young man simply patched it up.

"The allocation ratio is not fixed and will be adjusted every three years."

"For companies that develop in this way but have a relatively small proportion, the proportion of investment will increase."

Three years is a very good timeframe, neither too long nor too short.

Over a year, there aren't many changes. You increase the workload for employees, but you don't get much done.

If five years pass, dramatic changes can easily occur, which is not fair to latecomers.

"Yes, understand!"

"Understood, Chairman!"

"That's good!"

The vice presidents also approved of Masato Takeshita's choice of time and expressed their agreement.

A lack of change will cause most people to lose motivation.

After the investment in Yahoo was finalized, Masato Takeshita produced a second document.

"Xinghai Hospital is nearing completion, but it still lacks top-notch doctors and administrators."

"I hope everyone will use their abilities and connections to help Xinghai Hospital solve its personnel problems."

"As far as I know, many medical staff in public hospitals are already very dissatisfied with their own hospitals."

"This is our opportunity, and we hope everyone can help Xinghai Group achieve it."

Masato Takeshita himself, as well as the Xinghai Group itself, have used their extraordinary influence to poach many doctors, nurses, and hospital administrators.

However, Japan's medical crisis has only just begun and has not yet become so severe that doctors and patients alike are living in fear.

Patients distrust doctors, and doctors worry about their personal safety.

Only a small number of doctors, unable to tolerate the government's cruel medical policies, have chosen to leave.

Therefore, Xinghai Hospital still has a small shortage of staff, and everyone's efforts are needed.

"The second point is that Xinghai Hospital needs to establish some specialized hospitals."

"For example, there are specialized dental care, specialized treatments for men's and women's diseases, and medical aesthetics, which is cosmetic surgery."

"These specialized hospitals have lower expenses, but their earning power far exceeds that of large hospitals."

As times change, specialized hospitals treating specific diseases will become increasingly profitable.

Especially in the field of cosmetic surgery, these hospitals are places where you can make money while lying down.

You don't need advanced skills to earn far more money than a general hospital.

As for the general hospital, it's more of a vanity project for Xinghai Group.

Having this can better establish authority.

For example, if two companies are doing cosmetic surgery, Xinghai Hospital is a better brand than Xinghai Medical Aesthetics, making it easier for them to gain the trust of users.

Why do many large companies open stores on Fifth Avenue in New York and Ginza in Japan? Isn't it to promote themselves as top brands?
If you open a shop to make money, the amount of goods you sell won't even cover the property costs, let alone rent and utilities.

The same principle applies to dentistry and similar fields.

Furthermore, dentistry might be more profitable than cosmetic surgery in Japan.

It's very simple; Japanese people generally don't have very good teeth.

Once Xinghai Group establishes a large-scale dental hospital network, it can continuously advertise on television and in newspapers how important it is to have good teeth.

Not only is it easier to gain favor with others, but it is also easier to get promoted and receive a raise.

Of course, this doesn't count as deception.

Humans are visual beings by nature. When two people are competing, the one with better teeth and appearance is more likely to be promoted.

"I support specialized hospitals, but facial plastic surgery isn't safe right now, is it?"

The newly appointed president of Seikai Medical, Masato Takeshita, a manager recruited through his connections at the University of Tokyo, Masao Tamura, opposes some of the young people's opinions.

Getting cosmetic surgery right now is practically a crime.

"Yes, cosmetic surgery and similar procedures still have many safety concerns."

“We can simply do the safer types, like double eyelid surgery or breast augmentation.”

"Those that are not safe will be mainly for research for now, and will be launched once they are safe."

With such a large market as medical aesthetics, Xinghai Medical must enter it.

Only in this way can sufficient funds be provided to support the development of Xinghai General Hospital in cutting-edge diseases such as cancer, Alzheimer's disease, and ALS.

(End of this chapter)