Tao Liangchen
Chapter 267 On His Own Track
After visiting Mount Fuji in the morning, I'll pack my luggage after lunch and return to Tokyo to inspect home appliance manufacturers.
The first company mainly produces ovens and microwave ovens, and the second mainly produces water heaters. Neither is large in scale, belonging to small and medium-sized family-style enterprises, and they don't have much cutting-edge technology to offer.
To be honest, Su Yehao wasn't sure what he was looking for. He could only say that after the visit, he realized they were all unsuitable.
Nowadays.
Washing machines, refrigerators, televisions, rice cookers, Walkmans, etc., are the best-selling products in the mainland's home appliance market. There aren't many places with natural gas, and the market for gas water heaters is small.
What Su Yehao needs is help to take the Midea Group to a new level. In his opinion, these workshop-style home appliance manufacturing enterprises are not very useful, so he set his sights on several well-known enterprises with poor operating conditions, such as... Toshiba Home Appliances.
Toshiba's strength is obvious to all, but its home appliance business has been declining steadily, accounting for a small proportion of the entire group.
Probably because of the news that it was transferring its home appliance business to streamline operations, the Dai-Ichi Kangyo Bank also listed it in the target list, but the price was relatively high, about 3 billion Hong Kong dollars, to transfer some production equipment, patents, and inventory products.
It is certainly unrealistic to eat it all, even if all 2 billion of the financing is used, it is not enough. If some businesses and expertise are split off, it is worth a try.
The whole thing involves too much, Su Yehao just thinks about it for the time being.
This time it's all his own speculation, after all, he doesn't know the actual situation of Midea Group, nor does he know what is missing.
The biggest gain of this trip is not in home appliance manufacturing itself, but in home appliance chain retail stores...
Originally wanted to understand the current situation of home appliance development in Japan, he came to a Sakura-ya Electric chain store in the evening.
The moment he entered the store, Su Yehao thought of the famous Suning and Gome, thus finding a good way out for the troubled Midea Group.
After all, it is an enterprise with a total market value of more than 6 billion RMB after financing, and it is also involved in home appliance manufacturing. If Midea Group establishes a subsidiary to take the lead in developing the retail industry, on the one hand, it can open up new profit points, and on the other hand, it can promote product sales.
As soon as this idea came up, Su Yehao realized that there were drawbacks.
After all, if it is a chain store led by Midea Group, other domestic brand competitors will probably be unwilling to cooperate, and it may end up becoming Midea Group entertaining itself.
It's a bit troublesome, but it's easy to solve. You can completely try to get all the giants involved and everyone jointly invest together.
Then he thought that once he entered the market, the franchise agents would definitely be unhappy. Su Yehao then began to sort out his thoughts. He only felt that the business of the physical industry was really not easy to do. The interests were intertwined, which was much more complicated than simply investing.
Aside from many problems, just looking at the essence of financing, it is undoubtedly for making money.
Since it's all about making money, Su Yehao then began to change his thinking, and didn't plan to hang himself on one tree. For example, through Midea Group to invest in other businesses, such as looking for existing chain home appliance retail enterprises, or directly using idle funds to develop the real estate industry.
Before he had really been responsible for dealing with the mess of Midea Group, countless thoughts were in his head, which was simply a mess, and needed to be seriously summarized and sorted out.
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Have barbecue at night, drinking plum wine that I just tasted during the day.
Nan Gongtian noticed Su Yehao's absent-mindedness, ate perilla leaf wrapped meat, and casually asked: "Brother Hao, do you have no appetite today?"
Su Yehao said: "It's okay, there are some problems that need to be thought about. My old man is preparing to finance a mainland home appliance manufacturing enterprise, and is considering how to develop in the future. My ability is really not enough. I get a headache as soon as I use my brain. I'm considering setting a small short-term goal first, and finalizing a few core main businesses."
"Such a big business will definitely not be easy. My mother manages a club, and there are constant big and small things every day. Brother Hao, you can definitely do it!"
Nan Gongtian still firmly believed in him, wiped her mouth with a hand towel, and then said, "What are your plans? Why don't you tell me about it?"
"...Home appliance manufacturing is definitely the core, and it can also be expanded into the retail industry. Not only can you make money through sales, but if you directly buy shops to operate yourself, the shop income brought by long-term holding should not be low. Insist on this point, and then use the idle funds to acquire and invest, and simply divide the company's business into three major blocks: home appliances, retail, and investment. When you make money, you can also acquire home appliance manufacturing peers, and use the funds in the research and development link to form a virtuous circle."
As soon as Su Yehao finished speaking, she blinked her eyes and asked curiously, "Isn't this very good? Where is the problem?"
"I didn't say there was a problem. Even if the two major sectors of home appliances and retail are finished, I have the opportunity to revive it through investment business."
Su Yehao picked up a piece of pork belly with a焦黄 surface, sprinkled it with dipping sauce and sent it into his mouth, adding: "It's easy to plan the general direction. What worries me is how to implement it specifically. After my old man finances, there will definitely be different opinions within the company. So I want to hand over the home appliance and retail business to talented people who understand the industry, and I will personally be responsible for the investment part, and the right to speak must be in my hands."
Since getting involved in business, he has become accustomed to being lazy.
Compared with honestly doing real business, making profits through investment is Su Yehao's advantage.
This morning, I was still thinking about how to grasp research and development and production with all my heart. After seeing the embarrassing situation of those companies in the afternoon, I suddenly felt that I could save some trouble.
Developing with the profits brought by selling products is time-consuming and laborious, and there is not much experience.
But if a new department is established to specialize in investing money, Su Yehao is even confident that he can earn enough profits to acquire Toshiba's home appliance business as a whole in three to five years.
In this way, it is also helping Midea Group develop its home appliance business, and it is more efficient and convenient, so why bother splitting hairs and staring at the home appliance manufacturing industry itself?
Compared with learning other people's business models, Su Yehao still likes to develop according to his own rhythm.
The domestic home appliance manufacturing industry is still in the imitation stage, and even copying homework can be wrong. The product quality is mediocre, and the advantage is that the price is cheap.
This is not deliberately belittling, but the current situation is such that we have to admit it.
In the current situation, finding ways to acquire other leading peers is much easier than independent research and development, and there is an opportunity to overtake on a curve.
Look at the tAt and tot projects, etc., are they also growing step by step through investment income.
In the almost blank market in the mainland, it can be said that 95% of the instant messaging market has been taken by Su Yehao, and the rest is waiting to be further developed.
The benefits of being the first to eat crabs are obvious.
Everything is going smoothly, not to mention that no one is competing, and the users are quite friendly.
There is no way, even if you think tAt is not good enough, where can you find an alternative? Moreover, the functions of tAt are really good, and they are considered advanced in the world, especially the personal space function, which can be called a leader in the new trend.
After slowly having an idea, Su Yehao's mood was much smoother.
That night, I went to Ginza again. The streets were full of beautiful girls, which was pleasing to the eye. It seemed that all the beautiful women in Japan were concentrated here, and I could meet bright girls from time to time.
Unfortunately, other people's families pay one share of public food, but he has to pay three shares now, the pressure is great.
It is no wonder that Su Yehao has been calm in the past six months. Occasionally teasing Jiang Yu and Zhao Yimeng, he only dares to indulge in verbal pleasures...