Tokyo’s Most Affectionate

Chapter 98: The potential of the music scene

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“Before deciding on the equity, things need to be made clear.”

Talking about business, Igarashi Runa took a sip of barley tea to moisten his throat and then started to preside over the meeting.

“When opening a new company, profitability is crucial, and the first step for our new company is that we need to identify the products.”

"Kurosawa, according to your needs, basic equipment, including a piano, a fully equipped recording studio, and a camera."

"Yes." Kurosawa Mitsuru nodded. These were what he needed.

"Considering the plan you mentioned earlier, you'll first release a piano video to build your reputation, so the equipment can't be bad. We're considering a Steinway piano, not the best, but first-rate, and the price is 21 million yen."

"You don't need such a good piano to..."

Kurosawa Mitsuru was a little surprised. This business was a little more complicated than he had imagined.

Originally, he thought he could just get a piano, rent a recording studio, and record a video.

A piano costs more than 20 million, what should I do

“That won’t work.” Igarashi Runa shook her head.

"If you want to do your work well, you must first sharpen your tools. A good piano is very important. If you want to do it, you must do it well."

At this moment, Chizuru Ninomiya, who was sitting next to her, also spoke.

"But where does all this money come from?"

Kurosawa Mitsuru frowned. If he really wanted to act on this idea, the money needed for various equipment would be exorbitant.

"Dangdang! The rich woman is right here."

Seeing that he was distressed, Igarashi Runa immediately spread out her hands towards Chizuru, as if showing a flower.

"Is Mr. Ninomiya so rich?" Kurosawa Mitsuru was stunned when he heard this, and then he was dumbfounded.

Although he learned from Miss Runa that Ninomiya-sensei was a wealthy woman... he had no idea how wealthy she was.

"Being a teacher is not her main way of making money. Investment is her strong point. Chizuru's first round of investment is 100 million yen, and subsequent investment will depend on the situation." Igarashi Runa nodded and said as if showing off.

"So much?" Kurosawa Mitsuru was shocked when he heard the amount.

One hundred million yen... Then wouldn't his six million in savings be just a fraction of that

Based on the exchange rate of 20 to 1, it is equivalent to five million, which is not a small amount.

"In short, you don't have to worry about the money. Your equity investment is technology, which is the trump card of this business."

When Ninomiya Chizuru saw how frightened he was, she felt secretly happy and comforted him.

"Okay." Kurosawa Hikaru nodded.

"I did some market research last night. A first-class Steinway grand piano costs 21 million, a fully equipped recording studio costs 15 million, a set of professional and complete photography equipment costs 10 million, and the office rents a place for half a year for 30 million. The rest of the money will be used for operating and publicity expenses."

Then, Igarashi Runa continued speaking.

"This is a huge gamble... The cost is so high, what if I lose? How long will it take to get my money back?"

Kurosawa Hikaru looked at Ninomiya Chizuru with some amazement. Originally, his entrepreneurial goal was very simple.

Within two years, Miss Runa's annual income can return to 20 million, and I can also make some money.

But if we follow this approach, the initial investment will be nearly 100 million yuan. How long will it take to get your money back

"If you lose and feel it's inappropriate, just study hard and don't feel burdened."

Ninomiya Chizuru looked at him calmly.

"Kurosawa, do you know how much Fujiwara Rikka earns a year?"

Igarashi Runa asked immediately after seeing Kurosawa Hikaru's reaction.

"Then I don't know." Kurosawa Hikaru doesn't know much about the celebrity industry.

"Her personal annual income is 1.3 billion."

"so much?"

Kurosawa Hikaru was a little surprised. He thought that being a singer and a star in Japan had no financial prospects, but now it seems that he was too one-sided.

"She earns this much because most of her sales are shared with the company. Do you know how much the most popular singer in the world earns in a year?"

Seeing that he was frightened, Igarashi Runa became excited and continued.

"How many?"

Kurosawa Hikaru's interest was aroused. This was a field he had never been exposed to before and he didn't know much about it.

"Converted into Japanese yen, it's more than 20 billion." (This is a reference to Taylor Swift's income)

Igarashi Runa raised two fingers and shook her hand.

"So exaggerated?" Kurosawa Mitsuru was a little surprised.

"The pinnacle of the music industry is very scary. Because you want to be a masked singer, we don't want to be the top star, we only want to be first-rate. Assuming you are a big hit, you can make back your investment within two years, and then you will start to have a steady stream of income. If you can become very popular, or even become famous in the world, the income will be more direct."

"How much does the highest-paid pianist earn in a year?" Hearing this, Kurosawa Mitsuru suddenly asked.

"I did some research last night, and it's probably several billion yen a year. The income of a pianist mainly comes from touring performances and high-end endorsements, but it's very hard work." (Here is a reference to Lang Lang's income)

"Hearing you say that, I feel relieved." After learning this, Kurosawa Mitsuru suddenly smiled.

To be honest, when he first heard that Mr. Ninomiya was going to invest 100 million directly, he felt a little nervous.

After all, he had originally thought of starting small, and didn't intend to strike hard right from the start.

But after realizing the upper limit of the music industry, he felt relieved.

According to the system, entry-level skills are equivalent to the level that an ordinary person can achieve after a lifetime of hard work.

His entry-level singing voice is better than most singers, and as long as he has good arrangements and lyrics, he will be popular.

If he can complete the task this afternoon and upgrade his piano to piano proficiency, that would be terrifying.

The heights that a genius can reach with his life-long efforts... This means that his piano skills will be world-class, and it will not be a problem for the company to make a profit.

"As long as we do a good job, it is possible for the company to have an annual turnover of 100 million, or even several hundred million."

Seeing him smiling, Igarashi Runa felt much more relieved, and an endless supply of courage and hope surged from her body.

There is no future in being an employee. You have to be a boss to really make big money.

"It's time to talk about equity."

Seeing that she was getting more and more excited, Ninomiya Chizuru spoke.

"After negotiation, the equity is divided into 40:33, and you get 40%. And because you are an artist, you have to sign a contract for a 50:50 split. For example, if you earn 100 million, you get 50 million first, and the remaining 50 million will be divided according to equity after calculating various operating expenses."

"Forty percent..."

Kurosawa Mitsuru naturally knew about these equity-related matters and was thinking about them.

"Do you think it's too little?" Ninomiya Chizuru asked when she saw him thinking.

This was the share she came up with last night, and it was very generous in every aspect.

"No, I'm just thinking that in order to make your annual income exceed 20 million, the net profit must be at least 80 million." Kurosawa Mitsuru shook his head.

According to this calculation, although his equity is 40%, the actual share is far higher than this basis.

He first gets the share of the contract and then the dividends. Theoretically, he can get the most money, even more than their total income. If he still thinks it is not enough, he is too greedy.

"Our goal is not to achieve a net profit of 80 million, but more."

Noticing that he was thinking about this, Igarashi Runa immediately said.

"That's true."

"Kurosawa, our entrepreneurship this time relies on your potential. Whether this company will fail or rise depends on you."

Ninomiya Chizuru was still sitting in the same seat, always calm and composed, neither arrogant nor impatient, but the look in her eyes when she looked at Kurosawa Hikaru was full of expectation.

"Leave it to me with confidence." After learning about the pianist's income, Kurosawa Hikaru felt much more at ease and even full of confidence.