LATEST UPDATES

Published at 25th of December 2023 05:21:47 AM


Chapter 148: [The Cycle of Goodness] (Please ask for a monthly pass!)

If audio player doesn't work, press Stop then Play button again








Chapter 148 [The Cycle of Goodness] (seeking a monthly pass!)

Tadao Yoshida is proud of the recent spring breeze. Since YKK zipper has completed the goal of 100 automatic zipper machines in June last year, it will be a smooth journey.

Tadao Yoshida was not satisfied, because he knew that the YKK zipper was not invincible.

The PG zipper on Hong Kong Island can give him a fatal blow at any time.

So, Tadao Yoshida borrowed a huge amount of money in the second half of last year, and then madly perfected the layout of the YKK zipper.

From textile mills to smelters, even separate machinery factories have been established to produce small mechanical equipment.

The purpose is naturally to reduce costs, so as to compete with PG zippers!

Hong Kong Island has cheap labor, so Dongying is at least cheaper than Hong Kong Island in terms of raw materials and machinery.

Tadao Yoshida thinks this way. The longer YKK zippers compete with PG zippers, the more beneficial it will be for YKK zippers, because Toyo has a complete industrial system.

"President, it's not good! The price of PG zippers has dropped again, which is too low!" A manager ran in pantingly, panting.

Tadao Yoshida saw the management rushing in in a panic, and was about to scold him a few words, but when he heard the management's words, he was shocked and suddenly bounced from his seat.

Tadao Yoshida blurted out: "How much is it down? How did you know?"

Management was a little out of breath, and was about to rest for a minute before speaking, but when he saw Tadao Yoshida's gloomy eyes, he shuddered for no reason.

"It was our major American customer who told me that PG zipper quoted a price of 2 cents for their customers who demand tens of millions of dollars each year. They also said that if we can't reduce the price to a similar price, it will Consider using PG zippers."

Yoshida Tadao heard it, and let out a cold sweat, 2 cents! You have to post shipping costs. YKK will do it. How much profit can you make?

Sit down again fiercely, and Tadao Yoshida took a pen and started to calculate carefully.

The cost of   YKK zipper, because after mass production, has dropped from 1.7 cents to 1.6 cents.

If you sell for 2 cents, it seems that there is still a 25% profit, but in fact, it is not. The freight in this era is not low.

"A profit of 18% to 20% is still acceptable! But if those small customers are still at this price, YKK zipper will basically not make money!" Yoshida Nakao muttered to himself.

Yoshida Tadao said to the management: "You can find a way to find out the price of PG zipper's small and medium customers, and then report it to me. As for these large customers, I will personally follow up and visit!"

The manager hesitated and stopped talking.

Tadao Yoshida raised his brows as he was about to educate the management. He unexpectedly said, "President, in fact, why don't we consider setting up a factory on Hong Kong Island. The labor wage there is only one-third of Dongying, and the tax rate is also higher than Dongying. Low."

As for employees, Tadao Yoshida has not thought about it, but has always believed that the infrastructure of Toyo is better.

Furthermore, Tadao Yoshida wants to restore the economy of his motherland and make greater contributions.

However, the staff reminded Tadao Yoshida that perhaps it was time to open a factory on Hong Kong Island to relieve some of the pressure.

"I will think about it! You first inquire about the price of PG zipper for small and medium customers, you must be careful, and then tell me!"

"Yes!"

After the management left, Tadao Yoshida said to himself: "This young man, every time he makes a move, he always hits my key point. He is simply the enemy of my life!"

If Wu Guangyao listens, he will definitely shout wrong, because he is more afraid of Tadao Yoshida, and even more afraid of YKK zippers!

The YKK zipper of the previous life is too dominant in this industry, and it has dominated for more than half a century!

So, Wu Guangyao squeezed the YKK zipper while learning its advanced features from the YKK zipper.

Yoshida Nakao thought for a while, suddenly got up, and then prepared to go to Hitachi Machinery, because this time, he was going to implement a plan of killing two birds with one stone.

It can increase the company’s disposable capital, expand production, and increase profits; it can also put Hitachi Machinery together to make Hitachi Machinery’s shares less than 51%.

When I came to Hitachi Machinery, Tadao Yoshida met Ito Hiroshi directly.

"What? You said it would be impossible for employees to participate in shares to dilute the shares of our two parties?" Ito Hiroshi rejected this suggestion in one mouth. He finally got 51% of the shares and maintained an absolute controlling interest in YKK zipper. Can give up like this.

Yoshida Tadao is very calm, because he knows that Ito Hiro will succumb to himself, just like he succumbed to him at the beginning!

Tadao Yoshida said calmly: “Chairman Ito, at the moment when we are facing life and death at YKK, if we don’t want to do it, what's the use of holding 51% of the shares?”

Ito Hiroshi heard this, and he was conflicted. If he was crushed by the PG zipper, what good would it be to ask for the shares of the YKK zipper.

"Then how do you do it?"

Tadao Yoshida suppressed his inner ecstasy, and said calmly: "It's very simple. We lost to PG zipper. It was because the labor cost was too high, which led to the high cost. Therefore, every time PG zipper, if we want to hit us, we always There is only one move-lower prices, and we will be tired of coping."

Ito Hiro nodded, everyone’s skills are not bad, and the labor costs are thrown out. YKK zippers have an advantage.

"How are you going to do it?" Ito Hiroshi said.

"I have believed in the "circle of good" philosophy all my life. I believe that only when mutual benefit is the case can eternal flowers and fruits. Therefore, I plan to let company employees store 30% of their salaries and allowances in the company for Improve equipment and increase profits; employees can be allocated bonuses for more than 8 months each year, but they can require 2/3 of the employee bonus to buy company shares, and the company will increase capital; employee salaries and bonuses will be increased, and they can get 20% Dividends. This forms a "circle of goodness" between the company and employees." Tadao Yoshida said confidently.

Tadao Yoshida’s method, although both Hitachi Machinery and itself have reduced their shares, as long as Hitachi Machinery is not 51% of the shares and has no absolute controlling rights, then his life will be very good!

Furthermore, after implementing this method, bind those employees to their own tanks!

Compared to Hitachi Machinery, those employees believe in themselves 100% more.

Tadao Yoshida’s move is not unreasonable. It can dissolve Hitachi Machinery’s absolute controlling rights and introduce employee shareholding; it can also reduce salary payments, invest more funds in the company, improve equipment, and increase profits.

Ito Hiroshi was reluctant to give up, but he had no choice but to first say: "Let me discuss with the company's senior management, and then how about replying to you?"

Tadao Yoshida is not in a hurry, because he knows that at Hitachi Machinery, Ito Hiroshi is heaven!

However, for the sake of insurance, Tadao Yoshida added: “Chairman Ito, if any company wants to become bigger and stronger, the holdings must not be too concentrated. You should understand this?”

Ito Hiro nodded, it is true that Hitachi Machinery’s shares are very scattered!

After Tadao Yoshida left, Ito Hiroshi shook his head and waved away the thought in his heart.

"At this time, Yoshida will definitely not think of infighting, it should be for the sake of a big deal!" Ito Hiroshi muttered to himself.

Yoshida Tadao returned to his company, and finally smiled on his mouth.

"As long as no one in YKK Zipper is absolutely controlling, then you are the absolute king! Haha! Haha!"

Tadao Yoshida thought that the difference between himself and Hitachi Machinery’s shares is only 2%. As long as 10% of the shares are diluted out, then he can repurchase employees’ stocks at any time.

Of course, Tadao Yoshida thinks that he does not need to do this, because doing so is to tear his face with Hitachi, not worth it!

As long as Hitachi Machinery is not an absolute controlling shareholder, Tadao Yoshida thinks he doesn’t care!

Big guy, big guy, I have a monthly vote for me!

(End of this chapter)




Please report us if you find any errors so we can fix it asap!


COMMENTS