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Published at 25th of December 2023 05:20:20 AM


Chapter 200: [The person who is in desperate life three times! ] (Seeking a monthly pass!

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Chapter 200 [The person who is in desperate life three times! 】(Ask a monthly pass!)

Bill is a large American jeans manufacturer and the earliest loyal big customer of PG zipper. Of course, all this is based on the high quality and low price of PG zipper products.

As the person in charge of PG Zipper America, Zhou has personally visited Bill and announced Uniqlo’s price reduction measures.

As an executive of PG Zipper, Zhou has naturally understood the reason for the price cut.

Although profits have been greatly reduced, Zhou already believes that many zippers will be brought down this time, especially YKK zippers may be badly damaged or even go bankrupt.

"Mr. Zhou, your PG zippers have cut their prices sharply. Could it be to cope with the YKK zippers' offensive?" Bill has calmed down from shock and ecstasy at this time. This PG zippers really spares no room in order to strike at opponents!

"Mr. Bill, the price reduction is not all to hit the opponents, but more to give back to customers and establish a win-win situation!" Zhou Jiren would naturally not say that the super factory on Hong Kong Island has already started construction and is in urgent need of sales.

In the United States, whether it is an old customer or a new customer, they all claim to be produced by Singdao Zipper Factory, so as not to be targeted by the American government.

In fact, Sing Tao’s factory can’t satisfy the American market at all. It just produces it from Hong Kong Island and then ships it from Sing Tao.

Bill did not ask too much, whether it is Hong Kong Island PG zipper or Sing Tao YGG zipper, as long as the price is low and the quality is good, then there is no need to worry about it!

More and more American zipper demanders have begun to invest in PG zippers, because the price is too low. At this time, there is no need to consider whether it is produced by Sing Tao or Hong Kong Island.

At the same time, the agents in the United States also received the notice of PG Zipper, but no one opposed it, because it reserved 20% of the profit; and PG Zipper promised that after the market has increased, it will continue to increase the profit margin for everyone.

Tadao Yoshida, when he heard the price of PG zipper was cut again, he only felt that his eyes were black. If it were not for the staff's quick eyes and quick hands, he was afraid that he would just fall to the ground.

The staff helped Tadao Yoshida on the chair, letting Tadao Yoshida take his breath away!

The first words Tadao Yoshida woke up was: "It's over!"

Yoshida Tadao's so-called is over, naturally it is really over!

In order to catch up with the PG zipper, Tadao Yoshida did not hesitate to raise funds from employees and borrow huge sums from the bank to expand wildly.

Take the Kurobe factory as an example. The investment amount is 10 times that of the Tsuen Wan factory of PG zippers, but YKK’s profits have always been far lower than that of PG zippers.

Yoshida Tadao calculated that if according to the previous profit model, the amount of investment in the Kurobe factory would take five years to pay back.

Unexpectedly, this time the price of PG zippers will be cut even harder, directly down to about 1.5 cents.

If YKK follows its price cut, it means that there is no profit, and it has to be posted upside down. In just one year, the YKK zipper will collapse.

If you don’t follow, then the market will be lost a lot, so if it lasts less than a year, the bank will dunning.

If there is no Kurobe factory, Tadao Yoshida may be able to persist for three to five years, or even continue to exist, because there will always be customers who choose YKK zippers.

But for the Kurobe Factory, Tadao Yoshida borrowed a huge amount of money from the bank, and now it has become a time bomb.

"What to do? What to do?" These three words have been around Yoshida Tadao.

"What should I do?" The staff suddenly asked Tadao Yoshida.

How can I know that Tadao Yoshida, who has always believed in ‘good follow-up’, finally couldn’t hold back, and the super staff shouted: "What do I feed you for? Ask me everything. Get out of here!"

Hitachi Machinery

Ito Hiroshi also knew about the crazy price cuts of PG zippers, and paced in the office anxiously.

Hitachi Machinery is the major shareholder of YKK Zipper, occupying 48% of the shares (originally 51% of the shares, 3% diluted by employee financing). Although it is a clear share, Hitachi Machinery has also invested a lot.

Especially this time, in order to prepare for the Kurobe factory, Hitachi Machinery began to invest a lot!

Ito Hiroshi saw that he could not think of a solution alone, so he urgently convened the executives and shareholders of Hitachi Machinery to ask about countermeasures!

"The price of PG zippers does not leave YKK zippers profitable at all, so YKK zippers will inevitably not be able to deal with it. In addition, Tadao Yoshida borrows everywhere for the Kurobe factory. If we do not stop the loss in time, we will lose more, so I suggest suspending the mechanical production of YKK zippers." An executive said without hesitation.

The shares of Hitachi Machinery were basically grabbed, and a lot of investment was indeed invested in the later period; if you stop producing zipper machinery now, it is better than continuing to fill this hole!

"I agree, we don’t know the development of the situation yet, so let’s stay still and stop all investment in YKK zippers!"

The unexpected unity of executives and shareholders, once ignored Ito Hiro’s statement, as if to say, you see what you have done!

Ito Hiroshi wanted to get angry, but seeing everyone unite, he also held back it!

Thinking that when they used a strategy to annex the YKK zipper, these people did not have this attitude!

This is human nature. When it can bring them profits, they will respect you!

If they accidentally lose money, these shareholders can't wait to rush themselves to step down!

When Hitachi Machinery notified Tadao Yoshida to suspend production of machinery and equipment, Tadao Yoshida couldn’t help cursing: “Baga! This is the so-called ally. Before things have developed, they chose to abandon their teammates! Ito Hiroshi, despicable man !"

Tadao Yoshida wrongly blamed Ito Hiroshi, and Ito Hiroshi didn't want to give up in such a hurry!

Tadao Yoshida also entrusted Hitachi Machinery, a major shareholder at the beginning, to require Hitachi Machinery’s capital investment to tide over the difficulties. He didn’t expect Hitachi Machinery to give it no chance and stop investing.

Tadao Yoshida is undoubtedly a hero, this is the third time he has encountered a desperate situation in his life.

For the first time, in March 1945, the factory that Tadao Yoshida had painstakingly managed for more than ten years was razed to the ground with a loud air strike by the US military. In desperation, he had no choice but to sever employees, and gave each employee a severance pay ranging from 100 to 500 yen. Tadao Yoshida, who escaped from the fire, still has lingering fears, and temporarily lives in an old friend's house. Unwilling to give up, he goes to the ruins of the factory every day to sort out some usable machines and parts.

The second time, in order to make a comeback, he borrowed a huge sum of money from the Bank of Japan to purchase the Uozu Iron Works. At this time, it was catching up with the staff riots of Uozu Iron Works. In addition to Japan's declaration of defeat in World War II, the national economy was completely collapsed, and the last hope in Yoshida's heart was extinguished. At the age of 36, he dismissed all employees.

In the first two times, Tadashi Yoshida has risen against the trend, and he has made a comeback. It can be described as a real hero!

This third time?

Yoshida Tadao finally felt a sense of powerlessness, this time it seemed more desperate than the last two!

Often when people have nothing, they can burst into great potential!

But now, Tadao Yoshida has just climbed the peak and is about to celebrate, but he did not expect to be kicked off the cliff!

If you fail this time, you will definitely owe a huge loan, which is more deadly than the previous two!

Although I had nothing in the first two times, at least I didn’t owe money, but this time, I borrowed a huge loan from the bank for the Kurobe Super Factory.

If you declare bankruptcy, you will never be able to make a comeback, because Hong Kong Island PG Zipper will never give yourself this opportunity!

Yoshida Tadao felt desperate. He could only watch the market being swallowed up by PG zippers a little bit. The bank also began to react and began to investigate the YKK zippers several times.

Yoshida Tadao’s black hair began to turn white in a short period of time!

(End of this chapter)




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