"President, it's bad, our stocks have been falling!" the assistant ran in and said in a panic.
Did the stock fall? Norio Ohga's face was gloomy. When the newspapers reported various negative news in the morning, he knew it would be like this and had already made responses, such as increasing the promotion of PS game consoles to convince investors that Sony still had very strong profits. Ability is trustworthy.
"How much did it fall?"
"It's already five percent."
"What? It dropped by five percent?!" Norio Ohga was shocked, five percent, how could it be so much? Although Sony is not only listed in Tokyo, but New York is the largest company, the plunge here will definitely affect the New York side.
When the stock market opens in New York at night, a huge crisis will form. If it doesn't respond well, Sony's market value will shrink by billions of dollars!
Originally, Norio Ohga had significantly reduced Sony-Columbia's losses in the movie disc business. He even believed that Sony-Columbia Pictures would be able to turn losses into profits by this time next year, solving Sony's biggest obstacle to profitability.
And the just-launched PS game console can also bring considerable profits to Sony. Coupled with Sony's CD-ROM technology, after cooperating with Dongzhi and other companies, it will surely be able to develop a DVD drive as quickly as possible. This will be a new profit growth point for Sony, and Sony's giant ship will also once again Sail quickly.
But now, as negative news breaks out and the stock price plummets, his dream is completely over!
The increase in negative news will definitely affect Sony's brand value and product sales. When the time comes, whoever uses Sony's products will be looked down upon with contempt: "Why do you still buy products produced by this kind of vampire company?"
Sony itself has been losing money. If it weren't for Sony's huge economic strength, ordinary companies would be finished if they continued to lose money like this for four to five years.
However, relying on Sony's brand advantage, it still ensured that the stock price did not fall sharply. And he is actively looking for ways to turn losses into profits. It is precisely in this way that Norio Ohga can take over and become the acting president.
But if Sony's stock price plummets during his tenure as acting president, then shareholders and board members will definitely hold him accountable and ask him to step down from his position as acting president!
"Does Mr. Morita know the news?" Norio Ohga asked.
"You should know, all shareholders and directors should know." Before the assistant could finish speaking, the phone on Norio Ohga's desk rang.
"Hello? I understand."
hang up the phone. Norio Ohga's face became even more gloomy. At this time, the board of directors suddenly convened temporarily, and the reason was self-evident.
…
"Oga Norio, you should know that the company's stock price has plummeted, right? Until the market closed, the stock price fell by 9.2%. How much money will we lose?" a director asked.
"You have been working at Sony for a long time. It started when you sold the shares of AIWA to a Chinese when you were the vice president. Our company's walkman business has been declining year by year, and the market share has dropped from 60% to 60%. It has become 20% now. Moreover, the market share of our cdplayer has been declining. If the market was taken away by Songxia, JVC and other companies, we can understand. But why is aiwa taking away our market? Is that Hajime Yagyu?" a director asked loudly.
"What have you done in the management of Columbia Pictures? Each of the movies you invested in has failed at the box office. Peripheral products have not been developed, and you suffer huge losses every year. Is this your contribution?"
Someone said so. Norio Ohga finally found a chance to refute.
"The acquisition of Columbia Pictures was not a decision made by me, but a decision jointly made by everyone. The decision to sell aiwa to the Chinese people was not a decision made by me, but a decision made jointly by everyone! I let Columbia Pictures' copyright be restored to We create profits. How many CDs have we sold this year? Isn’t this my contribution?”
"That's because the entire market is getting better, not because of you. Nintendo betrayed us, Sony, and you supported Kuo Liangmu to develop his own game console. How much money did we invest and how much manpower and material resources did we use? What's the result? ?The PS game console was launched a few days ago. We believed what you said and thought it would bring a lot of profits to the company, but now the result is that others are no longer willing to buy our Sony products!"
"Director Watanabe, how can you say that? We at Sony have invested a lot of money in the game industry. With Nintendo's betrayal, will we give up that business that we have been operating for a long time? And we are also in urgent need of new business. Drive our Sony's profit growth. Isn't the development of PS game console successful? We are at the forefront of the world in the application of CD-ROM. Isn't this what everyone wants to see?" Norio Ohga retorted .
"CD-ROM? I admit that this technology is very good, and the game consoles used in it are also very creative. But just because of the development of this, we are far behind in DVD. We at Sony actually have to implement Dongzhi's standards ! And after you decided to strategically cooperate with Dongzhi, it also brought about our biggest crisis at Sony, the crisis of brand image!"
"Those are all slanders. We don't have a factory in China. Dongzhi just OEMed a batch of products for us, which can reduce our production costs and allow us to re-enter the Chinese market. Isn't this everyone's dream? "
Norio Ohga is going crazy. Why should these mistakes be blamed on me? To be precise, Sony has made no mistakes in matters such as environmental pollution! But the fire of the problem happened to be burned on Sony’s head!
"But now we need Dongzhi to stand up and explain to us. Do you think Dongzhi will do this?"
Norio Ohga was silent. If he were Dongzhi's president, he wouldn't have taken the blame himself. After all, the reason why the current situation has developed is inseparable from Norio Ohga's people stirring up trouble in China.
Now things are getting serious and everyone has suffered losses. It is absolutely impossible for Sony to stay out of the matter! But if Sony starts to pour dirty water on Dongzhi at this time and wants to shake itself dry, then Sony and Dongzhi will completely break up, Dongzhi will inevitably fight back, Sony will make more enemies, and it will also lose A chance to get a piece of the DVD cake.
At this time, Sony's vice president spoke: "Norio Ohga, please resign as acting president. Only by shouldering this responsibility can Sony be saved."
Norio Ohga felt like a bolt from the blue. He had tried his best to explain, but these people still wanted him to resign from the position of president!
At this moment, Norio Ohga felt the gloom of life. How could all this become like this
No, I still have a chance! (To be continued.)
ps: The fourth update will be added if you have a monthly subscription of 500 yuan. There is another chapter ahead, so don’t miss it. Thanks to Time Shaohua 2016, Legend Is Not Realistic, Youth Without Regrets 23, xiangbizi and other book friends for their rewards. Thank you all. How many red envelopes have I grabbed today? The fourth child didn’t even have time to grab them. There will be more updates later