Omniscient Investment Point - Chapter 233



Only Noblemtl

233. Buy Japan – 4

(1)

There was also a specialized automobile mechanical high school in Korea.

It’s called Meister High School, and it’s a vocational high school that you have to study hard to get into.

Thinking of such a place, Myeong Ju-won smiles broadly.

‘This is lucky.’

On the one hand, I felt like I had been unlucky for the past few years.

Immediately after meeting Jang Su-myeong, everything I touched was followed by good luck.

‘Well, luck is something that only those who are prepared can use to hit the jackpot.’

Here, the person who is prepared means oneself.

Having lived in Japan for nearly two years, I have become familiar with the characteristics of the workers here.

As long as there is no major damage, I will almost always comply with the company’s requests.

So after arriving in Nagoya,

“We plan to preserve up to 90% of your existing salary.”

I nodded immediately after hearing what Shota Kamiki said after meeting his friend on the magnetic side.

“Isn’t 90% pretty good coverage?”

“Yes, but that doesn’t mean that Magnetic will do everything. They said that they would support 20% of their employees when they sent them to their partner companies.”

“What about the reduction? How much is it?”

“They said you can’t do too much at once. You start off with 10%, then another 10% at the end of the year, and then you start next year without hiring any more people.”

“Ah~”

To this extent, it was within the expected range.

‘That means a 20% reduction within this year.’

If so, it means reducing the number of employees from the current 20,000 to 16,000 and taking responsibility for about 20% of the annual salaries of the 4,000 employees sent to partner companies.

It wasn’t bad.

However, the problem was whether the workers would accept these conditions.

“When do negotiations start?”

“It has already started.”

“What was the union’s response?”

“It doesn’t seem so bad, but it doesn’t seem like they’re willing to accept everything. That’s because what I just said is the company’s goal, and they actually said they don’t plan on supporting up to 20%.”

“So, what are the chances of achieving the goal?”

“I can do that too······.”

“Oh, yes, yes. I am truly grateful that you have found out this much information. No, it is beyond my expectations. I am surprised at how accurate it is.”

Praise makes whales dance.

But this whale was just a fox.

“I just casually asked a friend of mine, ‘I’m a Korean investment firm interested in magnetics.’”

“aha!”

“Then he blurted it out. Since he happened to be at the restructuring headquarters, it was even more accurate.”

“I see.”

It wasn’t a bad idea to reveal that they were a Korean investment company.

Anyway, you probably guessed it all by seeing where Shota Kamiki works.

‘If you just change the channel, you can’t help but notice that Umi Industries is connected to JTS Partners.’

To Myeongjuwon, who is smiling faintly, Kamiki Shota adds a word.

“Well then, I’ll go and meet the union leader. I’ll have to find out what he’s thinking.”

“Oh, yes, yes. Please.”

Looking at Kamiki’s back, Myungjuwon smiled broadly.

It seemed like this trip to Nagoya would be a business trip with a lot of information in hand.

In fact, Kamiki went around to the Magnetic union chairman and several partners and gave Myeongjuwon satisfactory information.

Of course, Myeong Ju-won called Jang Su-myeong based on that information.

(2)

A while ago, I received a call from Myung Joo-won, who had returned to Japan.

– hello?

“Yes, yes, sir. Go ahead.”

Since the Buy Japan TF team was almost organized, his information was quite important.

Whether my feelings were conveyed or not, Myeongjuwon quickly goes into what I wanted to know.

First of all, Umi Industries’ Kamiki Shota is from Nagoya, and he has many classmates from there, where magnetic and affiliate companies are concentrated.

– After meeting with both labor and management as well as partner companies, it seems that we will soon hear positive news.

“What if it’s positive news?”

– As I mentioned last time, the laid-off workers are moving to a partner company. The partner company is responsible for 90% of their previous salary, but Magnetic is supporting 20% ​​of that.

“ah······.”

I couldn’t help but exclaim in joy.

But there was something that needed to be mentioned.

“What is the scale of the reduction?”

– This time it’s 10%.

“Then, it would be about 2,000 people.”

– Yes, that’s right. We’re planning to cut another 2,000 people around the end of the year.

This would result in a total reduction of 4,000 people this year alone.

Magnetic is a rare electric car parts company even in Japan, so its average annual salary is 80 million won.

That means fixed costs will be reduced by 80 billion won per year.

– Coincidentally, last year’s operating loss was 80 billion. I don’t know about this year, but next year, we can finally achieve a balanced budget.

“That’s right. But do you think the partner companies can handle 4,000 people?”

– Of course. In Japan, you can usually see that the size of a large corporation’s partner company is ten times that of a large corporation. The automobile industry is even bigger. Oh, this is the same in Korea.

“Yes, that’s right. But since it’s an electric car, I wonder if it will actually be that big.”

– That’s enough.

Myung Joo-won’s answer was full of confidence.

Without further ado, I said I was sorry and hung up the phone.

And then he set off towards Hyun Ki-hyuk’s H2K and pressed the call button again.

“Mr. Chairman? Yes, it’s me. Where are you? Oh, I knew it. Then, I’ll go see you now. Yes, now.”

(3)

I met Hyun Ki-hyeok and told him everything I had heard from Myeong Ju-won.

His eyes grew wide as he listened, and as soon as the briefing was over, he stuck out his tongue.

“It’s much faster than my information.”

“I was lucky. I didn’t know that the head of the company our company invested in would be close to the Magnetic labor and management leadership.”

“If you are the representative of the place that JTS Partners invested in, is it Yuta Kimura? Or Shota Kamiki?”

I immediately raised my eyes.

Is this person going around investigating other people’s backgrounds?

“Oh, don’t misunderstand. We also have a branch office in Tokyo. So I heard that you often have drinks with your company’s famous branch manager.”

“is it so?”

“Yeah. That’s why I asked a lot of questions and as we talked, I found out.”

“Well, if that’s the case······.”

“No, why is your reaction like this? Do you think I did any background checks on CEO Jang?”

“I don’t know about that. Hahaha.”

He also laughs awkwardly at my laughter.

“How could that be? Why don’t you just ask me outright? I won’t investigate secretly.”

“Okay, now let’s have a constructive conversation.”

“What about constructive conversation? Just hurry up and get ready for your business trip to Japan.”

“Right?”

“Isn’t there anything we can’t do? Since we already have information that is favorable to us, it’s a win-win for everyone if we go straight into negotiations.”

“Well, that may be true, but······.”

Mentally, I wanted to form a TF team and leave for Japan.

So I answered with a flustered expression, and Hyun Ki-hyuk smiled.

“Representative Jang’s people must have been on the move for a few days, but so have we.”

“Oh, any information?”

“It’s not information, but I have a connection with the Japanese Minister of Education, Culture, Sports, Science and Technology.”

“Minister of Education, Culture, Sports and Tourism? Does that have anything to do with magnetism?”

“Of course. Electric cars are also part of the realm of science.”

When I heard that, it sounded right, so I nodded.

Then the information kept coming in.

“Rather, since he is not the Minister of Finance or the Minister of Economy and Industry, we can communicate better. He doesn’t have to think about money, right?”

“No, isn’t that a bigger problem? You have to think about money so that the negotiation can go smoothly.”

“You don’t know because you haven’t talked to Japanese people who are good at money? Do you know how much they are careful about what others say, especially those in public office? It’s so frustrating.”

“Ah~”

“But public officials who don’t know about money only think about the development of their own field. In the end, if you open up a route to that area, you will have a shortcut to persuading the Prime Minister.”

“okay.”

“Anyway, since you’ve done all the work, if we just negotiate properly with Magnetic, we’ll soon have a company that will take charge of Japan’s future industry.”

As expected, this person has a wide range of experience and perspective.

There is a lot to learn, and I have decided that I will continue to gain rich experiences and travel to many places.

‘No, our whole company is like that.’

The best person in an organization should naturally be the manager.

But you can’t do this with fools.

So, after returning to the company, I called Kwak Hyeon-woo first.

“You, starting today, be my chief secretary.”

“······?”

“Why? You don’t like it?”

“Oh, no. You, it was so sudden······.”

The guy’s embarrassed face was so obvious that I couldn’t help but laugh.

“So you don’t like it or do you like it?”

“Okay! Definitely! But I don’t know if I’m qualified to do that.”

“Not confident?”

“Oh, no. I’m confident!”

“Okay, good. Then, starting today, I will create a secretary’s office, so you fill it with people as the director.”

“Yes? Me?”

“Ah, let’s go. Are you going to keep doing this? Hey, Director Kwak. Does the head of JTS Partners have to intervene in personnel matters all the way down to the lowest level?”

“Oh, no! Yes, yes, I will do it!”

“And I’m going to Japan this evening.”

“omg······.”

“no?”

“No, no. It’s fine!”

“Okay, then I’ll send you home early, so get ready for your business trip and come to my house. Got it?”

“Yes, yes, I understand!”

The chief secretary is the person who knows the company’s situation best, but he or she must also understand the intentions of the people he or she serves.

In that sense, is there anyone who can be compared to Kwak Hyeon-woo, the first employee of JTS Partners?

Moreover, I need to be able to assign tasks without making them feel burdened, and this guy is perfect for that.

‘It’ll be comfortable from now on.’

A smile spread across my face as I watched Kwak Hyeon-woo run out of the CEO’s office in a panic.

(4)

That evening, as soon as I got on the plane, Kwak Hyun-woo asked me.

“Can I really fill the secretary’s office as I please?”

“That’s right. Why? Do you already have someone in mind?”

“There are two.”

“Two? No way······?”

“Yes, Mr. Gong and Mr. No.”

“haha······.”

Agent Gong refers to Gong Jun-pyo, and Agent No refers to Noh Hye-ri.

Both of them came from orphanages and were winners of a real investment competition that they held themselves a few years ago.

He now holds the title of deputy manager, but he is only twenty-two years old.

So I gave an awkward laugh.

That’s understandable, since this guy also chose people who suited his taste, that is, those who were easy to command and comfortable.

“You can’t say it twice.”

“Okay, I got it, I got it.”

I shook my head.

It doesn’t mean I don’t like it.

He even brought two young guys into the secretary’s office.

‘In a few years, these guys will be the future of our company.’

Possibilities and potential can explode properly depending on how they are nurtured.

I was confident.

So I laugh again.

‘Let’s do our best.’