Reborn in Hong Kong: The Tycoon Grows Up

It is not that easy to become the son-in-law of Akio Morita. Not to mention defeating many competitors, but he is definitely among the top talents of the company, otherwise he would not even be qualified to be shortlisted.

Maybe there is a drawback to being strong and having a high IQ; that is, you have a lot of your own ideas, and you may even feel very capable. The more you think, the less you do; therefore, your ability to execute will be greatly compromised. It's easy for outsiders to say, but in the worst case, they can just let him go. But with a half-son-in-law, many things become complicated.

Of course Morita Shunfu knew what his father-in-law meant. After all, it had been a long time since he had seen his old man with such a firm attitude. He must have had a firm idea at this moment, otherwise he would never have called him over so late. At the same time, he also knew that before his father-in-law died, he could not have the final say in the Morita family.

Akio Morita was still very satisfied with his son-in-law's attitude, but he was worried that the boy wouldn't understand; causing family disharmony would be bad for everyone! This attitude is very good at the moment, but it leaves a lot of trouble. So he said with a smile: "You also know that tonight I met with Bao Zixuan and Iwasaki Koki. During the meeting, we discussed a very important topic, which was about investment in Germany in the past."

"One thing I have to admit is that the intelligence system of the Heiyun Group and the structure of Bao Zixuan are stronger than ours. After the Plaza Accord, we just watched what happened to Japan, but we didn't know anything about Germany's affairs, especially the situation between the two Germanys. .”

"The current appreciation of the West German mark is crazier than that of the yen, but it's just because we don't pay attention and don't know much about it."

"The competition between German companies and Japanese companies is very fierce. It is very difficult for German companies to open the Japanese market; and conversely, it is even more so for Japanese companies. Who will pay attention to a country that is destined not to allow you to make profits."

Of course, both countries attach great importance to industrial development, and they still have some private exchanges. But in the financial field, there really isn’t much going on. The Japanese go all out to buy assets all over the world, but they rarely go to Germany.

First of all, it won’t take advantage and makes people jealous; secondly, Germans may not necessarily buy it. Besides, Germany has not said anything about its mineral resources, and even if it does, it will not let foreign companies, especially Japanese companies, get involved. In addition, the whole of Germany is more like a large countryside, with basically no high-rise buildings.

At this time, we were at the forefront of the Cold War; war could break out at any time. The Japanese are not stupid, and of course they will not directly invest in German real estate.

Even Shunfu Morita, the head of Sony Investment Company, has never considered investing in Germany because he always felt in his heart that it was impossible and unnecessary.

But today my father-in-law suddenly mentioned the Deutsche Mark. Is there a story behind it? There is one good thing about Morita Shunfu, that is, he will never make random comments about things he doesn't know; if he doesn't pretend to understand, Morita Akio will probably look down on him.

Seeing that his son-in-law was still waiting for the next step, Akio Morita was very happy; it was good to know the shortcomings, so he continued: "It is not only the issue of the appreciation of the West German Mark, but there is another more critical thing, and it is even an opportunity that is difficult to find in a century."

"According to intelligence, East and West Germany are seeking to merge; I think you know what that means!"

He never pays any attention to German affairs, and has not taken action against the appreciation of the Mark, let alone the merger of East and West Germany. Germany's strong strength is not a good thing for Japan; but Sony is different from industrial companies such as Mitsubishi and Toyota.

Therefore, the focus has always been on Heiyun Group, and the Germans are really not on the list of major competitors. As for East Germany, even less attention was paid to it. Because of the relationship with Heiyun Group, Sony products have no chance of being sold in Warsaw Pact countries.

Sony Investment Company's largest acquisition was Columbia Pictures; due to issues such as its establishment time and overall strength. It is basically impossible to carry out large-scale overseas acquisitions. In addition, Japan's economy has been developing at a high speed in recent years. There is no rapid growth in the domestic stock market and property market anywhere. Why bother to look far away? In the past, I invested in a country that I was unfamiliar with and had no foundation.

Let’s talk about German investment in the past, which was to make the Germans stronger; it was looking for competitors for Japanese companies, and we must not shoot ourselves in the foot. Therefore, many Japanese companies can introduce technology from Germany, but they will never directly participate in investment. The same is true for Sony.

Therefore, when Akio Morita said that Germany and Germany might merge, his son-in-law first thought that Germany would become stronger; Japan might not be able to maintain its position as the world's second largest economy, but he really didn't think about other aspects.

Deeper things are definitely unimaginable; the information you have is limited, and your inner thoughts naturally have their limitations.

Shunfu Morita: "If the two Germanys merge, it will not be a good thing for Japan. The strength of West Germany itself cannot be underestimated, and the specific situation of East Germany is not very clear; but the main body is Germanic, and the technological level should not be It will be bad; it is a huge threat to domestic enterprises."

Hearing his son-in-law's thoughts, Morita Akio felt dumbfounded. It seems that like many Japanese, they only care about international rankings and ignore the essence of economic development. At the same time, I feel in my heart that Japan's economy is gradually heading towards glory, and it is better to be yourself than anything else; as for foreign affairs, it is better not to participate.

There are definitely not a few Japanese who think this way. Perhaps in their hearts, they only have a sense of identity with Americans. After all, looking at the entire world, only the United States has a more developed economy than Japan.

It seems that there really needs to be a major reshuffle in the country, otherwise there will be bigger problems.

Akio Morita: "You feel that the merger of East and West Germany only threatens Japan's international economic ranking; don't you see business opportunities from this?"

We are both young people, so why is the gap so big? The son-in-law is considered a very capable young talent within Sony; otherwise, his daughter would not be married to him. But how could his vision and structure be so different from Bao Zixuan? It seems that he still needs more experience.

After hearing his father-in-law talk about the business opportunities after the merger of East and West Germany, Morita Shunfu's brain began to work at high speed. The merger of the two Germanys must be West Germany annexing East Germany. After all, compared to West Germany, East Germany's strength is simply not enough. After becoming a country, it will first unify its currency; then it depends on how the West German government handles the East German mark.

First it must be recognized, and then it will be exchanged with the West German mark; there is a ratio problem here, the current official exchange rate is 1:1; but the black market price does not know how many times the difference is.

If I were the leader of West Germany, in order to appease the people of East Germany, I would definitely exchange currencies according to the official exchange rate. The wealth of the East German people will increase several times in an instant. So investing in East German Mark at this moment is definitely a profitable business.

But there is also a drawback here, that is, in case the intelligence is wrong; the two Germanys did not merge in the end. Combined with the economic scale and development prospects of East Germany, the converted currency will inevitably depreciate crazily. Not to mention losing all your investment, but you will definitely lose money to the point of pain.

After East Germany is transferred to West Germany, real estate in East Germany will inevitably usher in a period of growth. But then again, if there had been no merger, the Soviet Union would have made a mistake at the starting point, and the real estate purchased by then would definitely be in its hands. It would be very difficult, if not impossible, to get rid of it.

Shunfu Morita: "If the two Germanys can really merge, then the East German mark will definitely appreciate; the same is true for East German real estate. This is really an opportunity, but if the information is wrong, then the institutions and companies that invested in the past will be There will be heavy losses.”

Hearing his son-in-law's answer, Akio Morita was very satisfied; it seemed that this boy still had some analytical skills. It was good to be able to think of these things despite insufficient information.

Akio Morita: "We have Bao Zixuan in front of us, and there is also Koki Iwasaki at the critical moment; there shouldn't be any problems. So what if there is a problem, there are definitely risks in investment; others are not afraid, so Sony can't afford it. "

"Bao Zixuan was looking for allies all over the world and took the initiative to contact me; mainly because the sale of Japanese real estate was very consistent with his idea. I think Sony is very courageous; he has strong predictability of the market and has all the factors to become a partner. .”

"Do you know where we will have dinner tonight! The Imperial Hotel in Tokyo, because just three days ago, Bank of Japan President Yasuno Mieye and Bao Zixuan also had dinner at the Imperial Hotel."

"The main content of the discussion between the two people was about the Japanese stock market and property market. Although they were not in so much detail, they must have reached some kind of agreement."

"Once the Bank of Japan makes a big move, it will inevitably have a chain reaction; there will definitely be problems in the stock and real estate markets. So starting tomorrow, we will clear out all the stocks and real estate held by Sony Investment Company. We need to mobilize enough funds to go to Germany. You will lead the team yourself when the time comes.”