How a Calamity Necromancer Retires - How a Calamity Necromancer Retires chapter 118

After going around various financial companies as well as investing in Daehan and accepting the conditions, I finally decided to list Seron Shoes after much deliberation.

The organizer offers the best conditions for investment and finance.

When the listing was decided, Daehan Investment & Finance started the audit process for Seron Shoes in earnest.

It was because we needed to verify how sound a company Seron Shoes is and whether it could be listed on the stock market without any problems.

Of course, the audit process was meaningless.

Executive Director Kim said with a surprised expression.

“I expected about 9 trillion up to 10 trillion, but 12 trillion in annual sales…. This is beyond my imagination.”

Executive Director Kim couldn’t help but admire the financial statement of Ceron shoes, which was released to the world for the first time.

“The net profit is so high that you can’t even imagine that it is a light industry-based company, and the finances are so strong.”

of course. Because it was the Seron shoes that took advantage of the high net profit margin and solidified from the ground up.

“If you add the factory site and various assets, the asset size alone is 7 trillion won. Excluding the loans here, it is 5.5 trillion won, so the debt ratio is around 22 percent.”

Debt from loans earned playing a game of chicken.

I’m sick of that too, but I don’t think it’s from Kim’s point of view.

“This is the first time in my entire life that I have been on a single road in finance.”

“Even with 22 percent debt?”

“yes?”

Executive Director Kim said with an absurd expression.

“Mr. Chairman, it is even more difficult to find a listed company that is less than 100 percent. 22 percent is virtually debt-free.”

“Isn’t 100 percent capital erosion?”

“Isn’t there a turnover instead? That’s how you get credit. That’s why there are many companies that exceed 150 percent, or even 200 percent in severe cases. That includes large corporations.”

Seron was unusual.

“Is it good?”

“Of course it’s good! What investor doesn’t like that the company’s finances are strong.”

okay.

“Can I list it?”

“Of course you can! Accounting is so organized that there is almost no corner to touch. At this level, even if a tax investigation comes out, I will just wash my hands.”

Because I thought that peaceful retirement is possible only if I obey the law, I was concerned about tax investigations that I have seen in TV dramas, so I have been constantly managing them through accountants.

Of course, that is possible because of the overwhelming net profit margin.

After all, committing illegal activities is because there is no way to earn money legally, right?

I can reap huge profits even within the legal framework, so there is no reason to commit illegal activities.

I said with a look full of anticipation.

“So, how much will the appraisal amount come out?”

“As a leading company in the textile manufacturing industry, both sales and net profit are outstanding, and the debt ratio is low, so there is no better company. but······.”

“but?”

“The problem is that growth has stagnated. Looking at this alone, my estimated valuation is approximately 18 trillion won.”

I thought twice the sales, but only 18 trillion won?

So if you sell 40 percent, you mean 7.2 trillion won, right?

It’s not a small amount of money, but it’s below my expectations.

When I blatantly expressed my disappointment, Executive Director Kim smiled and said,

“But there is something special about Seron shoes. It is the first listed company of the Seron Group. In the meantime, people had no choice but to stare blankly even when there was good news for the Seron Group. So, inevitably, Seron’s partner or Bugs has been serving as Serron’s theme stock, a kind of chicken instead of a pheasant. This is why the news of the agreement with OPEC spread and the stock prices of Bugs and its partners hit the upper limit one after another.”

“Is it high? Did you go up?”

“Did you not know?”

“I didn’t know.”

Because I’m not meticulous enough to care about each and every one of those things.

“Ah… that’s right. Hmmm. Anyway, in such a situation, Seron Shoes is the first listed subsidiary of Seron Group. Of course, what if the Seron Group launches a new business or hits the jackpot?”

Executive Director Kim said, pointing upward with his finger.

“People’s investments will go like crazy to Cerron’s shoes.”

Ahh.

I thought it was only about financing, but Seron shoes are becoming the representative window of the Seron Group.

If the Seron Group is doing well, the stock price of Seron Shoes, which had not fluctuated at all, soared, and if there was a problem with the Seron Group, the stock price plummeted.

“Ohh?”

“That’s why I recommend an IPO. This is because it is impossible to set an estimate considering such special circumstances. So, by setting the desired public offering price high, we attract people who are eager to invest in private loans.”

“They said it would take two years.”

“you’re right. However, that is the worst case scenario, and in the case of Ceron shoes, it is clear to anyone and the accounting is transparent, so the period can be drastically reduced. I will take responsibility and make it public within six months.”

6 months.

okay.

“great. Please do so.”

Then, Executive Director Kim smiled brightly and said.

“thank you! Chairman Han! I will do my best to serve you!”

*

Seron Group and Daehan Investment Finance, which began preparations for the listing of Seron Shoes in earnest.

After the preliminary screening for listing, the final valuation came out to 18 trillion won, as executive director Kim predicted, but I set the desired public offering price high and hit the market cap of 24 trillion won.

Originally, if this is the case, people will hesitate to invest, saying that the public offering price is overvalued, but since it is the first listed company of the Seron Group, which boasts an undefeated myth, such a claim fits right in.

After setting the public offering price like that, I released 10% of the 40% planned for sale with my own stock.

I gave the right to buy first to the employees of Seron Shoes.

From nob le mtl dot com

Many of the employees are programmers, and since they are people who can’t escape the world, they are practically absolute allies.

Anyway, when the employees of Saeron Shoes bought 10 percent of the shares and applied for public offering shares in earnest, people flocked to them in droves.

Despite the high public offering price, people judged that it was well worth investing in.

I, who successfully completed the listing of Seron Shoes and got 9.6 trillion won in funds.

Even after listing, the price rose more than the public offering price, and the value of the shares still in my hands exceeded 15 trillion won.

It’s perfect itself because I’m hungry for a lot of money and I have a fund window where I can draw in trillions of won in an instant at any time.

Anyway, I had such a splendid money feast, but I can’t eat it all by myself.

“thank you! President!”

Starting with Deok-bae Kim, Sang-ho Baek and others close to me express their gratitude towards me.

“What is it, you all got paid for all your hard work.”

When I went public this time, I executed stock options to my aides and distributed shares of Seron Shoes.

Deok-bae Kim received the most 2%, and the rest were 1%, and everyone here instantly became rich in stocks worth hundreds of billions of won in one shot with this stock option.

Deokbae Kim said with a thrilled expression.

“It was the luck of a lifetime that I met you.”

“Neither do I.”

I didn’t know that the first shoe factory owner I took over would be such a sincere and loyal person.

“Let’s pretend we were both lucky.”

“hahahaha. Thank you for saying that.”

“It’s a pleasant day, so everyone get off work early and party with your family.”

Then, Deokbae Kim and his aides spoke.

“Then the president will come to my house too. Your wife will love it.”

“My mother also said that she really wants to see the president again…”

I waved my hand and said.

“It’s okay, I have some work to do.”

“Don’t do that, even for dinner…”

“It’s really fine. Spend time with your family today.”

Kim Deok-bae and his aides left the chairman’s office, leaving behind regrets about my stubborn attitude.

“hmm. I feel strange.”

The reason I turned down the dinner offer from Kim Deok-bae and his close associates was because of the strange feeling that I had sold something I owned to someone else for the first time.

I have never handed mine over to others since the beginning of the year.

The undead legion was only my own, and the same goes for the Seron group I made after returning to Earth.

Except for Bugs, all the companies were 100% owned by me, and even Skeleton was lent out for a rental fee, but I had never passed ownership of it.

As if I had obsessive compulsive disorder, I did not hold it in my hands unconditionally, but through this listing, I passed 45% of the ownership of my company, Seron Shoes, including the shares I gave to my aides for the first time.

But oddly enough, it’s not that bad.

Rather, the feeling of experiencing extreme efficiency, which is the basis of a necromancer?

“I made 10 years worth of profit in one room. That means 10 years was shortened.”

From nob le mtl dot com

My goal is to rebuild the undead legion, not the world’s number one corporation.

From that point of view, wouldn’t it be rather inefficient for me to go all the way by myself?

Right now, I’m building a lot of buildings, only receiving rent, and using the rent to rebuild the undead army.

However, don’t many construction companies raise sales by repeatedly building and selling buildings with the money they sold?

“Only complete subsidiaries will be listed, but… isn’t it the only company I can sell?”

That’s the skeleton itself.

Until now, all skeletons were rented for a monthly rental fee.

But now, energy is provided through the purchased artificial essence, and the console operation method has become popular, so now, isn’t it a world where skeletons run smoothly without me?

What if I sell this skeleton itself then?

“…Considering the skeleton labor force, you could get well over 100 million won for one worker skeleton.”

One skeleton will earn at least 200 per month, so 24 million won in a year.

no

It’s possible to roll for 24 hours, so even if you can’t, at least 400 to 500 will come out.

So you’re saying you can get your money back in 2 years?

Then, even if you sell for 300 million instead of 100 million, it is obvious that people who want to buy will line up.

The principal amount will be recovered in six years, and then all the money the skeleton earns will be counted as that person’s additional income, so it’s unconditional profit.

“300 million for one worker skeleton. It’s ridiculous.”

The price of the skeleton is beyond imagination, perhaps because it is a world where mana is expensive.

Of course, the world will fall into chaos if you really sell it blindly.

People with a lot of money or companies will buy skeletons at random and run their companies, and unemployment will follow one after another.

But only one skeleton per person.

What if you sell it only to people who can operate the console directly?

“The reason I didn’t lend skeletons to large corporations was because I was concerned about the loss of jobs due to skeletons, but what if it was one per person? It’s just that the skeleton does the work for that person.”

If there was only one per person, the subject of labor would be replaced by a skeleton instead of a human.

It is said that there is a serious lack of jobs, but that is because there is a shortage of office jobs. In the case of production workers, especially small and medium-sized enterprises, there are no people, so there are not a few cases where all production workers are foreigners.

In such a situation, if each person owns one skeleton, people who would not care about small and medium-sized businesses would provide labor to such small and medium-sized businesses as skeletons.

It’s not like you’re going to work anyway, so as long as you make a lot of money, whether it’s a small or medium-sized business, it’s enough.

“After all, skeletons are machines too. Just as heavy equipment companies lend money to the companies they purchase, individuals buy skeletons and receive money in return for providing the skeleton’s labor force. Instead, I bring in a lump sum of money at once.”

The problem is the side effects.

Even if only one loan is given to each person, the labor market will have a typhoon-like impact.

There will be people who will become indolent and live only with the money that skeletons earn, and various changes will appear, such as people who do other things while letting skeletons work.

As of now, there is no way to know the side effects and changes that will result in society.

It’s something I’ve never tried and never even thought about.

As the professor said, this can also become a part of society through a natural cycle, or on the contrary, it can cause side effects due to an oversupply of labor.

“Hmm.”

In addition, I have to think about the era of robots and artificial intelligence that will come after I have dealt with all the undead legions.

Someday, I will have to retire and give the place of the skeleton to robots and artificial intelligence, but the skeleton sold recklessly will surely become a stumbling block.

“You can’t sell it completely. Then, should we set a deadline like the charter? Each person gets 200 million won and lends it for just 10 years. Collect it when the deadline is over.”

I make a system that can be retrieved like that, roll it, and then slowly retrieve it when the time comes.

To hand over to a new era and then retire peacefully.

“At that rate, even if you roll it for 5 years, the principal will be recovered, and considering the inflation rate and wage increase, it is a business that makes more than twice as much money from the perspective of people.”

I like that I can bring in the money that a single skeleton will earn for several years in advance, and I like that people have an extra income.

“uh? for a moment. If this happens, the tax revenue will not increase.”

Until now, the biggest reason that skeletons were free from tax was because they belonged to Seron.

After all, you can’t tax the company’s machines.

However, if the skeleton is returned to each individual, the situation is different.

When heavy equipment drivers or freight forwarders sign a contract with a company and generate profits, they have to pay taxes from the profits, and even pay for health insurance and pension insurance, if they make money using these skeletons, they have to pay taxes.

Perhaps, thanks to this skeleton charter, there may be hope in Korea, which has been worried about the future due to a decrease in the working population due to aging.

“Let’s test it first.”

I’m going to test it in Gunsan City.

Changes caused by the Skeleton Charter and its side effects.

A shortcut to my retirement and a new hope for tax revenue in Korea?

then you have to increase it

But the side effects are so serious that I can’t do it?

Then, even if you pay the penalty, just collect everything and do something that didn’t exist.

“good. Skeleton private rental, let’s do it.”

*

The skeleton trader tuned the skeleton and told the president.

“It’s done.”

“Thanks for your efforts.”

The main source of income for skeleton traders is to tune skeletons to small business owners who rent skeletons and receive money.

After the work was done, the trader said.

“Anyway, this isn’t what it used to be.”

At first, there were very few people with skills, so I was able to make quite a lot of money, but as rumors spread that money was circulating and everyone learned how to operate the console, the competition intensified and income was decreasing.

Of course, with that income alone, I still earned more than a decent office worker, but since it is an unstable job, I am worried about it.

“Should I put my resume in public opinion again?”

For such a business owner, the best place to work was Seron.

It was a place where the salary was high and one could fully demonstrate one’s abilities.

“Let’s go back to the office and think about it.”

That’s when I went back to the office.

“uh?”

Seeing that a new pamphlet was posted in front of the store that lends skeletons to small business owners, the vendor approached and read the pamphlet.

“Skeleton private long-term rental. For 200 million, they lend a worker skeleton for 10 years.”

The man who understood it as an extension of the Alba system said.

“Are you asking small business owners to borrow money for a long time instead of paying a lump sum all at once?”

However, the man who continued to read the contents below was able to realize that long-term skeleton rental was not what he thought.

“…whether you lend it to a company for the duration of the rental period or make a profit, it’s all free? Is it possible to install 60 months?

Now, Seron’s part-time job system was a way to directly lend skeletons only to small businesses and small companies with less than 5 employees.

However, if you rent a skeleton and are free from those restrictions, you can rent a skeleton to work for a company with more than 5 employees.

“Mi, crazy.”

To rent a skeleton, lend it to a company, and earn money every month.

It’s like a heavy equipment company that rents heavy equipment.

If you install 60 months, it is more than 300 money a month, but if you hire a skeleton and roll it for 24 hours, you can handle that amount enough, and after 60 months like that, from then on, everything will be taken as your own income.

“This must be done! There are a lot of companies that want skeletons!”

Unfortunately, it is limited to one per person.

If several were possible, I feel regretful that I would have been able to earn a lot of money every month by renting dozens of units believing in installments.

However, the owner shook his head and said.

“okay. Let’s not be too greedy. where is this even If you combine my income with my skeleton income, I won’t be able to live much more comfortably than I do now. good.”

The vendor immediately kicked in the store door and said.

“Skeleton long-term rental! Where can I apply!”