Chapter 311

Chapter 311

Ellie tilted her head at my question.

“I do not know. It’s a very absurd suggestion.”

After finishing the meal, Hyun-joo’s older sister explained by chewing non-smoking gum instead of smoking.

“She originally tried to cast Hollywood actress Katherine Thaler as a model, and she was almost on the verge of her contract. But when the boss saw Ellie, he was completely hooked and changed his mind.”

From what I’ve heard, in the case of CF, top Korean actors and Hollywood actors are said to have similar prices.

I looked at Taegyu and asked.

“What do you think?”

Then Taek-gyu blinked and looked at me.

“Why are you asking me that?”

“No, what… … .”

It seems to fit strangely well these days.

I asked Hyunjoo noona.

“If Ellie approves, will Golden Gate be selected as the listing manager?”

“Perhaps. That is the condition for us or that side.”

“If the size of the public offering is 300 billion won, it would be quite reasonable to receive a commission alone.”

“Instead of commission, I decided to receive it as a preemptive right.”

“Ok? What is the acquisition price?”

“It’s the same as the public offering price.”

From the perspective of the company, it is like giving stocks instead of commissions, so you can save that much money. From an IB point of view, if the stock price rises after listing, more profits can be obtained.

Hyunjoo’s older sister smiled.

“If the public offering price falls below, it should be counted as free service.”

Even if you say this, you will not really want to volunteer for free, so it can be said that the possibility of the stock price going up after listing is quite high.

“It’s okay if you do it and it’s okay if you don’t. We are not in a difficult situation.”

Then Eli said.

“Still, it’s nice to do it. In the IPO market, it is also a big fish that came out after a while.

I thought carefully. If she didn’t want Ellie to do it, she would have just turned it down, not the top. You’re talking to me like this, right?

“Ellie likes to exercise. She also does scuba diving. I think it fits well with the company image. Wouldn’t it be okay if it wasn’t something too revealing like a bikini?”

Hyunjoo noona said while chewing gum.

“You don’t have to worry about that. In the first place, bikinis aren’t even the main product.”

Ellie hesitated.

I told Ellie.

“How about giving it a try?”

“Well, I don’t know if I can do it well. Even if she is a year old, she wants to leave a picture of her when she was young… … .”

Seeing her say this, it seems like she wants to be secretive.

Did she say that when she was young she dreamed of becoming a ballerina? As such, there is nothing strange about her desire to appear in front of the public.

With this beauty, she only works in finance, and in a way, she’s wasting her talents.

“Wouldn’t it be a good experience or a memory? If it was Ellie, I’m sure she could do well.”

At my words, Hyunjoo noona said in a passing tone.

“right. She used to have a part-time job as an advertising model when she was in college in England.”

“really?”

This is another fact I didn’t know.

Ellie was startled and waved her hand.

“Hey, she just did her tuition and her living expenses, and she was on vacation for a while.”

“What kind of advertisement was it? Do you have any pictures?”

At my question, Ellie smirked and resolutely shook her head.

“no. do not have.”

“… … .”

What the hell were you filming? Is she even black history?

In the end, Ellie accepted her model request, and she defeated her KYB Securities and selected Golden Gate Korea as the organizer of Bester’s listing.

* * *

After Christmas, companies have entered the full-fledged year-end season.

There was no end-of-the-year vibe. The domestic economy is still poor, with only depressing news.

The biggest issue in recent years is Korea-Japan relations.

It is difficult to say that the relationship between the two countries is good even with empty words.

The Korean government abolished the comfort women agreement with Japan during the Park Si-hyeong administration, and the Korean Supreme Court recently issued a ruling acknowledging the liability of Japanese companies for compensation to workers forced into labor during the Japanese colonial period.

The Japanese government strongly opposed this. Foreign Minister Takeo Okamoto strongly criticized South Korea in public.

“The comfort women agreement is a final and irreversible agreement, and the Japanese government cannot accept South Korea’s unilateral abandonment. In addition, all compensation has ended with the Korea-Japan Claims Agreement, and making such a judgment now is an act of overturning the treaty signed by the government. Japan has sufficiently compensated South Korea so far, and according to the existing agreement, it does not need to pay a single yen more. Promises are meant to be kept. If unfair sanctions are imposed on Japanese companies based on the judgment of the Korean court, we will take strong action at the government level.”

These political conflicts also affected economic cooperation.

In the discussion of resuming the currency swap between Korea and Japan, remarks poured in. Finance Minister Ryutaro Matsukata said.

“Korea treats breaking treaties between countries as if it were a meal. There is a good chance that you can borrow money when you are in a hurry and eat it later. What do you believe in lending money to Korea? There are many countries that need Japan’s help, so there is no need to give preferential treatment to Korea alone.”

As a result, discussions on the resumption of currency swaps were suspended.

Taek-gyu asked.

“Then what will happen?”

“How is it? No problem.”

Currency swap refers to exchanging currencies according to the exchange rate agreed upon in the past.

The reason for signing this agreement in the first place was not because Japan did any favors to Korea, but because the interests of both sides met.

The yen is a quasi-key currency that is considered a safe asset. As Korea can borrow yen at a fixed amount when circumstances are difficult, it can have a similar effect to an increase in foreign exchange reserves.

Although there is no need for the won in Japan, it is positive in that it can induce the exchange rate stability of the won. When the won depreciates, Korea’s export competitiveness increases. As Korea and Japan have a significant amount of overlapping export items, Korea’s exchange rate stability is also beneficial to Japan.

If Korea is in a disappointing situation, I would have to ask him to resume the currency swap, but there is no need to do so. While the domestic economy is not good, the current account is at an all-time high every quarter, and foreign exchange reserves are sufficient. Rather, it is enough to worry about the exchange rate being too low.

Japanese politicians criticized Korea every day, and if you forget about it, they continued to claim sovereignty over Dokdo.

The main reason for doing this is to help increase the approval rating of the ruling cabinet.

Until just before, Prime Minister Yusuke Okazaki’s approval ratings were declining due to various scandals and remarks and sexual harassment from close associates, but his approval ratings rebounded significantly after he started beating Korea.

One incident occurred while Korea-Japan relations were on the deteriorating path.

* * *

The time of the accident was 2:30 in the morning. The place was a street in Chicago.

A man in black suddenly jumped out in front of a moving car, and the car quickly turned and slowed down, but an accident occurred.

911 was dispatched to local residents, but the man died during transport.

The deceased was Masao Yoshizawa. It turned out that he was a Japanese student, and at the time, in a state of intoxication, jumped into the road without his co-workers stopping him.

This has been one of the most common car accidents ever.

However, the news received a lot of attention, because the vehicle that caused the accident was the AD1, and it was in autonomous driving mode at the time.

At the time of the accident, the vehicle was cruising at the correct signal. As it was an unavoidable accident, the insurance company also acknowledged 100% pedestrian responsibility.

The accident seemed to end like this. However, the reaction in Japan was different.

Two days after the accident, Prime Minister Okazaki suddenly suspended all schedules and held an emergency ministerial meeting.

And as soon as the meeting was over, he went out on his own and announced the results.

“First of all, as Prime Minister, I am very sorry for the deceased who died in a foreign country. The Japanese government will organize a dedicated plane and dispatch a forensic unit belonging to the Foreign Ministry and the National Police Agency to the United States. We will also thoroughly investigate the accident and reveal the truth.”

The Sankei Shimbun even published a special article on the death of a Japanese student, and NHK also covered it as major news.

[Caros’ autonomous driving technology, is it okay?][I’ve bought it several times before][Are there any measures to prevent recurrence?][There is a high public opinion that driverless cars should be completely banned!][CEO Kang Jin-hoo, you need to clarify your position… … .]

The actual rate of accidents caused by autonomous driving is less than one-twentieth that of accidents caused by drivers. And this is an accident caused by the responsibility of the pedestrian.

But that was not addressed at all.

* * *

Toyota Chairman Toshiyuki Toyota said in a press interview.

“An imperfect technology is nothing more than a murder weapon. Machines should not kill or injure people. It is time for a full review of autonomous driving technology.”

Japanese politicians and media have pushed this into a problem with autonomous driving technology. In the United States, the reaction was generally absurd.

As MC Gerard Clark of the famous automobile program Top Motor conducted a simulation himself, there was no way to avoid it. Even when he was aware that a person was jumping out.

Those who saw the released black box video also agreed to this.

-Is that a human, an elk?

– No, how do you avoid that?

– Even Michael Schumacher can’t avoid that.

-It’s sad that he died, but isn’t that an accident caused by a self-driving error?

-But why is Prime Minister Okazaki so upset?

-Isn’t it wrong to drink and jump into the road? What are you going to investigate?

Taek-gyu asked.

“Why is Japan doing this?”

“Because the automobile industry plays a large role in the economy.”

If you look at the market cap of the exchange right now, Korea is Suseong Electronics, while Japan is Toyota.

These include Toyota, Honda, Nissan, Mitsubishi (part of the Renault Alliance) and Suzuki among the world’s top 10 automakers.

In the meantime, it has made huge investments in autonomous driving, electric vehicles, and hydrogen cars, and it has been producing sufficient results. Even Toyota was already operating driverless cars, and it was evaluated as having advanced technology.

However, due to Karos, the technology of the Japanese automobile industry is now outdated. Although Karos has not entered Japan, sales have already declined in North America and Europe, which has had a negative impact on Japan’s current account.

In this situation, when a foreign student collided with a Karos car and died, he was excited and doing that.

I was expecting you to bump into us sometime, but it’s going to be like this. Even anti-Korean sentiments from recent events were mixed in here.

From Okinawa to Hokkaido, memorial centers were set up all over Japan, and the whole of Japan was enveloped in an atmosphere of remembrance.

As if waiting, the anti-Korean group Re-Special Association (a group of citizens who do not allow special privileges in Japan) held a demonstration in Shin-Okubo.

They carried the portrait of Masao Yoshizawa and walked around the Korean shopping streets, swearing at Koreans as murderers.

The meeting’s chairman Makoto Nishimura spoke to NHK News.

“Yoshizawa Masao is as good as Jinfu Kang killed! Kang Jin-hoo must come and kneel in front of his spirit and his family and apologize! Koreans, get out of the archipelago!”

Taek-gyu, who was watching the news, said absurdly.(Read more @ wuxiax.com)

“Why is that bastard like that?”

“… … .”

It is not a day or two for far-right groups or right-wing groups to talk nonsense. However, it is another matter to broadcast it without filtering like that on public broadcasters.

The cabinet ministers took turns talking about the errors and problems of the Karos technology, and the level of criticism against me was even higher.

Japan’s influence on the international community is not formidable.

As Japan began to make a fuss, Germany, France, China, Mexico, India, and other countries with their own automobile industries secretly sympathized with them. There is no latecomer who doesn’t like to beat a leading company.

The Japanese government made a statement to Karos and shouted loudly to disclose all data such as driving data and algorithms.

It’s hard to stay still when things get like this. In the already busy situation, Daryl struggled with a countermeasure.

What should I do?

At that moment, something flashed in front of my eyes.

When he came to his senses, he saw Taek-gyu staring intently at him.

“What is Yeji?”

I told you exactly what I just saw.

“It is said that 14.97 million Toyota shares will be acquired for 14.97 million yen.”

“How much is that?”

“Wait a minute.”

I searched Toyota with my smartphone. Currently, the number of Toyota listed shares is 149,582,550.

If OTK Company acquires 14.97 million shares, it will hold more than 10 percent of the shares. This meant that it could quickly become the largest shareholder of Toyota.

But something is a bit strange.

Taek-gyu blinked his eyes as if he felt strange too.

“How much did you just say?”

“14.97 million yen.”

“If you round it up, it is 15 million yen. That’s roughly 1.7 billion won. How much will you buy a stake in Toyota with that?”

“10 percent.”

“Is Toyota’s market cap 1.7 billion won now?”

“… … .”

is that so?

“Isn’t it 149.7 million yen or 1.497 trillion yen?”

I shook my head.

“no.”