My 1999
Chapter 195 The Great Wrongdoer
When he got home in the evening, Xu Liang took out his mobile phone and called Hideo Fukunaga, the president of Hongmeng Japan.
"President."
"There's something I want to ask."
"You say?"
"SNK, are you still paying attention to it recently?"
"Always paying attention."
Xu Liang was shocked, "Tell me about it."
After agreeing, Hideo Fukunaga organized his words.
“After accepting the acquisition of ARUZE from SNK, Kawasaki Eikichi proposed investing in South Korea. Due to the trust of ARUZE executives in SNK, the request was approved.
SNK secretly established a small company NEOGEO KOREA in South Korea. The person who serves as the president of the company is Jiro Nagano, the head of SNK's sales department.
Kawasaki Eikichi also transferred almost all of SNK's game copyrights, as well as character portrait rights, as well as the "NEOGEO" trademark rights, to this company. "
"Wait a minute, doesn't ARUZE know about this transfer of trademark rights and important company assets? Why doesn't it stop it?" Xu Liang couldn't help but ask.
It is simply incredible that ARUZE, the controlling party, turned a blind eye to such a matter involving major asset transfers.
"ARUZE's acquisition of SNK is more to use SNK's mature developers to develop new gambling games and increase its gambling revenue. It does not attach much importance to SNK's original arcade game business.
Moreover, ARUZE’s boss, Okada Kazuo, is currently in a lawsuit with his wife, son, and daughter, fighting for control of ARUZE, and he no longer cares about SNK. "
"I see."
Xu Liang suddenly realized.
"Eikichi Kawasaki has so painstakingly planned to transfer assets, so there should be further steps, right?"
"Yes. In March this year, SNK filed a "specific mediation application" with the Osaka District Court, with the purpose of discussing a new debt repayment plan with the original creditors.
As a major shareholder of SNK, ARUZE also agreed.
But just one month later, ARUZE regretted it.
Because the total debt disclosed by SNK to the outside world is close to 40 billion yen, far exceeding the amount they originally disclosed to ARUZE. "
Xu Liangliang was shocked and couldn't help but said: "So, the 28 billion yen debt of SNK disclosed to us by Eikichi Kawasaki was also a lie?"
"That's right."
Hearing this, Xu Liang couldn't help but feel happy.
Fortunately, it was not him who was the target of Eikichi Kawasaki's betrayal, otherwise he would have been deceived.
"Has Eikichi Kawasaki surrendered to ARUZE President Kazuo Okada? Did he not do due diligence before investing?"
“I’m not very clear about this, but the fact is that ARUZE has not discovered the true scale of SNK’s debt.
I heard that SNK, under the control of Eikichi Kawasaki, is preparing to apply for "re-registration" with the Osaka District Court, hoping to re-register a new independent company under the name "SNK" to completely get rid of its heavy debts. "
Xu Liang couldn't help laughing.
"Eikichi Kawasaki made a good plan. He re-registered and threw all his debts to ARUZE. Even if Kazuo Okada realized it later, he would never agree to such conditions."
"It is true that Okada Kazuo will not agree, but I think if ARUZE refuses, Kawasaki Eikichi will next apply to the court for "civil recovery procedures," which is bankruptcy protection.
As long as the company goes bankrupt, the next step is to sell off the company's assets to pay off its debts.
He just happened to use the company he established previously to buy back the assets he valued, so that SNK could throw all the burden to ARUZE and change his name to go into battle lightly. "
Xu Liang nodded.
The whole thing seems incredible to the outside world. ARUZE is like being taken advantage of and is at the mercy of Eikichi Kawasaki, but this is what happened.
It can only be said that Kawasaki Eikichi is cunning and cunning. Before the plan started, he chose an ARUZE that he knew well enough and was troubled. If he changed companies, he would not be able to do so smoothly.
"Does SNK have any assets that we can appreciate now?" Xu Liang asked.
"Very few. Now SNK only has hardware assets such as office buildings and theme parks. The copyrights for various games have been transferred to his new company in South Korea by Kawasaki Eikichi. I don't think we need an office building in Osaka. and theme parks.”
Xu Liang nodded.
"Pity."
Kawasaki Eikichi worked hard to revive the company, and it was impossible to sell it to him in a short time.
Dong Dong…….
"Come in."
Sun Mingzhen walked in with a cup of coffee.
"Why haven't you rested yet?" Xu Liang said.
"I can't sleep, and there's something I want to discuss with you." Sun Mingzhen said.
Xu Liang pointed to the seat next to him.
After the two sat down, Sun Mingzhen said: "I also want to sell the entire Hongmeng website in South Korea."
"It is indeed a trend for browsers to replace the website directory, but without the website directory, Hongmeng South Korea will lose a promotional platform, and it will be difficult to replace Pangu Browser in a short time."
In China, Hongmeng can use Internet cafe management software with extremely high coverage to quickly promote the browser, but the South Korean market obviously does not have this condition.
"I have considered this. If we sell the website directory, we also have the Naver portal and the Hangame game portal, both of which are our promotion platforms.
In particular, the Naver portal website is now second only to Yahoo in terms of market share in South Korea and can replace the promotional role of the website encyclopedia. "
Xu Liang shook his head, "It's different. The website encyclopedia focuses on the promotion of individual websites, while the portal website focuses on news advertising. Therefore, the website encyclopedia cannot be sold yet, at least not until Pangu Browser develops.
Even tens of millions of Huaxia coins are not as important as a powerful publicity channel. "
Sun Mingzhen nodded.
"Every country's situation is different. Don't apply the experience of the Chinese market to the South Korean market."
"I see."
"Okay, let's not talk about these troublesome things. Let's go, wash up and go to bed."
He took Sun Mingzhen to the bedroom.
Came to the company again the next day.
Xu Liang took out a piece of paper and wrote down all the business of Hongmeng South Korea.
The pan-entertainment business currently mainly includes games and music, and comics and novels are not involved.
The game business mainly consists of five games, "Legend", "Miracle", "Red Moon", "Millennium" and "Bubble Show", plus the game portal Hangame.
Music mainly comes from Hongmeng Music Network and several music companies it has invested in.
The next step is the film and television business.
Internet search business - Bing.
It is basically no different from China's Bing, and also contains four major sub-contents: information, encyclopedias, pictures, and knowledge.
Web portal - Naver.
Includes email and blog.
The last is independent business, including Pangu browser, website directory, and Hongmeng payment.
As for Huaxia’s No. 1 store, in South Korea it mostly cooperates with other companies. Compared with China, South Korea's peripheral product development and sales system is more mature.
Therefore, Hongmeng South Korea’s business is mainly divided into four parts.
Pan-entertainment, Internet search, portal business and independent business.
What Hongmeng South Korea does best now is the game business and search. The portal business has a market share of nearly 35%, second only to Yahoo.
Xu Liang drew two circles on portal business and independent business.
These two are non-core businesses.
Can be sold and exchanged.
However, you need to exchange enough chips first, and you also need to carefully look for opportunities.
Ding ding….
Xu Liang's cell phone rang.
I looked at the caller ID and was quite surprised.
After thinking for a moment, he pressed the answer button.
"Xu Sang, do you still remember me?"
"Of course. Mr. Kawasaki taught me a profound lesson, and I remember you very deeply."
Xu Liang did not expect that SNK president Eikichi Kawasaki would call him.
Listening to his pun, Kawasaki Eikichi smiled.
"Xu Sang, everything is over, we should move on, right?"
"Listen to Mr. Kawasaki, do you want to cooperate with me again?"
"Hongmeng has excellent online game research and development capabilities, and SNK has many classic copyrights. We are the most suitable partner." Kawasaki Eikichi said.
After he came to South Korea, one of his goals was to introduce Korean capital, collect funds, and develop new games.
Another option is to examine the hot online game market in South Korea.
Only when I got here did I discover that the list of the top online game R\u0026D companies in the entire South Korean market actually includes Hongmeng.
This is also the reason why he called Xu Liang.
"Mr. Kawasaki, now SNK's debt is 40 billion yen, does it still have the capital to develop new games?" Xu Liang said.
"Don't worry, Xu Sang, we now have ARUZE's support, money will definitely not be a problem."
"Really? But how did I hear that ARUZE rejected SNK's debt restructuring plan and left you to fend for yourself?" Xu Liang said with a smile.
The matter of SNK is not a secret in the Japanese business world. Xu Liangneng knows about it, and Kawasaki Eikichi is not surprised either.
"Xu Sang, I can assure you that as long as Hongmeng cooperates with SNK, there will definitely be no problem with funding."
After Xu Liang thought for a while, he decided to find out the details of the other party.
The conversation changed.
"I believe in Mr. Kawasaki's guarantee, but I don't know how Mr. Kawasaki wants to cooperate?"
Hearing him relent, Kawasaki Eikichi said quickly: "I couldn't explain it clearly on the phone. Why don't we find a place to have a good chat?"
"I'm not in Japan right now."
"I know Mr. Xu is in South Korea."
"Oh, how does Mr. Kawasaki know my whereabouts?"
"Xu Sang, don't get me wrong. I just saw Xu Sang when I came to Yucheng Building to visit a client the day before yesterday. I originally wanted to go up and say hello, but I gave up because the distance was too far."
Xu Liang understood that he also saw Kawasaki Eikichi that day.
"In that case, Mr. Kawasaki, please come to Yucheng Building, the headquarters of Hongmeng South Korea. I will wait for you here."
"Okay, I'll be there in half an hour at most."
"goodbye."
"goodbye."
After hanging up the phone, Xu Liang pondered for a moment, picked up the landline next to him and called Sun Mingzhen.
"President, is something wrong?"
In the company, both of them maintained a superficial sense of decorum.
"Contact a business investigation company and find out who SNK has met with in South Korea and who it is cooperating with?"
"Okay, I'll go right away."
Xu Liang hung up the phone.
As the saying goes, you must be on guard against others.
Kawasaki Eikichi is an out-and-out old fox, and you have to be extremely vigilant when dealing with him.
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