Extraordinary Genius - Chapter 224 - Aiwa Co.
Feng Yu kept quiet after Kameda Masao finished talking. Feng Yu was deep in thoughts.
Sex dolls would indeed be a profitable product in the future. Not only in Japan, in Taiwan, China and even the whole of Southeast Asia and Europe. This was a huge market and can also satisfy the needs of many otakus.
Most importantly, the cost of a sex doll was low, and the profits were high. Not much technology was required too.
But if Feng Yu went into this business, how would others see him? Although the mindset of people was changing and felt that if you are rich, you are capable, people will still give him weird looks if they knew he was into this type of business.
If Feng Yu went into other business, he would also earn money, and he doesn’t need to face those criticisms.
“Mr. Feng, I know that this product is not acceptable in China now. At first, in my country, it was the same. But now, the market is getting bigger, not only in Asia, even in Europe. The potential for this product is big.”
Feng Yu waved his hands to stop Kameda Masao from talking. He knew all these, but he was still in a dilemma.
Feng Yu was thinking about his previous life and the people’s acceptance of this product. Feng Yu remembered that China’s sales were higher than in Japan, and was even the highest in the world. There were also the Sex Festival in China’s major cities. This industry was rumored to have the support of the government. Some people claimed that these products had lowered sex crimes in the country.
“Tell me your plans. If I am investing 1 million USD, how much profits can you give me every year?”
Kameda Masao replied with joy: “I guaranteed that you will get back your capital within a year and from second year onwards, you will get at least 2 million USD in profits!”
This industry was so profitable? 1 million USD investment and you can get it back within a year? From the second year onwards there will be millions of profits? If it was so easy, why didn’t Kameda Masao get investors in Japan and came all the way to China to look for him?
“Why did you look for me?” Feng Yu looked straight into Kameda Masao’s eyes.
Kameda Masao gave Feng Yu another bow: “Mr. Feng, there’s something I did not tell you. I am in debt in China, and my passport was confiscated. I can’t leave the country. But the debt belongs to the company, and I had nothing to do with it. I don’t know many people in China, and you are the only person that did not discriminate against my company’s previous products. That’s the reason I came to you for help. Please invest in this company. If you give me 1 million USD, I will build a sex doll empire for you!”
Damn, you and your family are the ones who want a sex doll empire! Feng Yu really wanted to tell Kameda Masao that he is discriminating against this industry now!
“Fine. If I invest 1 million USD, how many shares will I get in this company?”
“I only want 10% of the company’s shares, and I don’t need a salary. Please trust me. This is a good opportunity. Because of the economic crisis now, many Japanese companies were facing bankruptcy. There were only a few companies left in this industry. But I personally felt that because of this economic crisis, Japanese men will have difficulties in setting up their families, and there will be many single men. Our market will be bigger!”
Hmmm, this analysis seems reasonable!
Kameda Masao’s meant that Japan’s economic crisis would be an opportunity for sex doll companies to grow!
Wait, Japan’s economic crisis causing many companies to go bust? Then what about their factories’ equipment? This might be an excellent opportunity to buy into some Japanese firms in distress and wait for profits in the future!
The Soviet Union strength was the heavy industry, and the rest were only so-so. Their light industries now were nowhere better than China. But Japan’s electronics industries were one of the best in the world. In the 21st century, it was the best in the world. Feng Yu wonders if there are any companies among those facing bankruptcy or cashflow issues that will be successful in future.
Kameda Masao was good at gathering information. Why not let him gather some information first? Feng Yu remembers that there was this company, Aiwa Co. that was bought over by Sony during this time.
If he could get the controlling stake in that company, he could turn it into a China brand and also enter Japan’s electronics industry.
Hmmm. This will also be an excellent chance to test the capabilities of Kameda Masao to see if he was worth investing.
“Other than your country, which country in Asia has the highest sales?”
“Other than my country, Taiwan, Singapore, Malaysia and Hong Kong have great potential. If we can produce better products than our competitors, we can quickly expand our market share. There are lots of profits in this industry!”
“Okay, if you did not lie to me I will invest in you and help you return to Japan to rebuild your family’s reputation. But this company only have sex dolls? Are there other products of the same nature?”
“Other products?” Kameda Masao was confused.
Feng Yu asked softly: “I am referring to other sex toys.”
“Ah, of course. But the sales were not as good as sex dolls. That’s the reason why we only produce sex dolls later.”
Feng Yu shook his head with disappointment. Kameda Masao, you as a Japanese should be ashamed.
The profits for Sex dolls might be high, but the other sex toys’ profits were not low either. You can also bundle different products together and sell as a package. For example, costumes. It will increase the sales and profits further.
Feng Yu told Kameda Masao about his ideas, and it was like an awakening call for him.
That’s right. If I dress up the sex dolls, then it will be differentiated from the competitors’ products and stand out in the market. Many Japanese men not only use these dolls to satisfy their desires, but the dolls were also their companions. If they can change the clothes of the dolls, will it feel like having different girlfriends?
Kameda Masao got more excited thinking about this. Feng Yu’s ideas had given him inspirations and also created a future Japanese sex toy enterprise!
“Mr. Feng, you are amazing. You even know about these.”
Feng Yu rubbed his nose. Was this a compliment? Why there was not a hint of happiness in me?
“You know the shareholders of Aiwa Co.? If you are able to convince the shareholders of Aiwa to sell their shares to me, I will invest in your company! Remember, don’t let others know that I am investing in your company. Now even my staffs!”
If Wu Zhigang and the rest knew about this investment, Wind and Rain Logistics people would also know, and soon, the whole northeast region will know.
“I know them. Our factory is just beside their factory. Mr. Feng wants to buy Aiwa shares? I will help you fulfill your wish. Aiwa’s biggest shareholder is Sony, and they owned more than 50% shares. Sony had always wanted to sell Aiwa shares, but they could not find a suitable buyer.”
“Good. I will let you handle this for me. The day I bought Aiwa shares, will be the day I invest in your company.”
Translator’s notes: Brought back many memories while writing this chapter. My first walkman was the Aiwa brand. If you are interested in Aiwa history, you can check out Wikipedia.