Chapter 504: In-Depth Cooperation

Xia Yu paused, lifting his gaze to look at Fukuhara Kazuya. Their eyes met, and from Fukuhara Kazuya's expression, Xia Yu discerned some implications. He didn't hide his interest and responded with a genuine smile, "I didn't expect Mr. Fukuhara to hold a stake in Japan's TV station. I am definitely interested."

Xia Yu didn't believe that Fukuhara Kazuya just happened to own a stake in the Japanese TV station by chance. It seemed likely that Fukuhara Kazuya had acquired it with the intention of attracting Summer Yu's interest, using it as a way to pique his curiosity.

However, how Fukuhara Kazuya acquired the stake wasn't as important as Xia Yu's genuine interest in it.

Japan TV is a major commercial TV station in Japan, broadcasting in the Kanto region and known for being the first commercial TV station established and launched in Japan. It is identified by the call sign JOAX-DTV and is often referred to simply as "AX" in the industry.

In 1966, Japan TV began organizing news program resource sharing with other regional stations, creating the Japan News Network. Later, in 1972, it established the Nippon Television Network System (NNS), gradually forming a nationwide broadcasting network.

As one of the five major commercial TV stations, Japan TV's signal and programs cover the entire country, making it incredibly influential!

Having a stake or even acquiring Japan TV would be a tremendous boost to Xia Yu's business endeavors!

Xia Yu aspired to become a media tycoon and was well-acquainted with the media industry in countries around Hong Kong. He knew that Japan TV was part of the Yomiuri Shimbun Group, Japan's largest media group, which holds a majority stake in Japan TV.

However, Japan TV also holds a 6.2% stake in the Yomiuri Shimbun Group. If utilized well, this could serve as a valuable entry point and a unique link. How to use it would depend on the circumstances.

But to utilize it, the prerequisite was to acquire Japan TV!

This was an extremely challenging task. As someone from Hong Kong, acquiring Japan TV seemed almost like a pipe dream. It might be feasible if Americans or one of the six major Japanese conglomerates were involved.

Yet, despite the difficulty, Xia Yu still harbored a hope. It was always better to prepare in advance, as missing out on an opportunity due to lack of preparation would be the most frustrating.

So, regardless of the situation, since Fukuhara Kazuya had presented this tempting offer, Xia Yu decided to take it.

"Since I have no use for it myself, and since Mr. Xia is interested, I'll transfer the shares to you!"

Fukuhara Kazuya said with a smile, straightforwardly.

Such candidness made Xia Yu feel pleased. He asked, "Mr. Fukuhara, I'm not very familiar with the details of Japan TV. Could you please provide a price?"

Fukuhara Kazuya nodded slightly, thought for a moment, and said firmly, "Mr. Xia, I'll give you a fair price. The 10% stake is valued at 8.8 billion yen. I can help you acquire it using ten times leverage from Sanhe Bank. You would only need to provide 880 million yen!"

Japan TV's total value is 88 billion yen!

This price was indeed fair, with no hidden costs. What was even more advantageous was that Fukuhara Kazuya was willing to provide financial leverage for the acquisition!

With such favorable conditions, Xia Yu had no objections.

Thus, he beamed and readily agreed, "Thank you, Mr. Fukuhara! I accept the offer!"

Fukuhara Kazuya shook his head with a smile, saying, "Mr. Xia, I have no use for this stake myself. We are friends, and I'm happy to help you."

"Indeed, we are friends!"

Xia Yu laughed heartily, affirming Fukuhara Kazuya's sentiment, and they shook hands firmly.

Fukuhara Kazuya felt reassured, knowing that his objective was likely on track.

As the saying goes, "Those who accept favors must repay them." Fukuhara Kazuya had shown sincerity, and Xia Yu needed to reciprocate, ensuring that the verbal agreement would be formalized.

Thus, he finally addressed what Fukuhara Kazuya wanted: "Mr. Fukuhara, Jiu Ding Securities is new to Japan and still lacks strength and understanding in many aspects. We will need Yonghe Fund's support and cooperation in the future."

Fukuhara Kazuya's smile widened, and he immediately responded, "Mr. Xia, you're being modest. Jiu Ding Securities is certainly stronger than Yonghe Fund. However, I'm not underestimating myself. Over time, Yonghe Fund has accumulated some foundation, which might be just what Jiu Ding Securities is missing right now. If our two companies cooperate deeply, we can definitely complement each other and accelerate our growth!"

Xia Yu raised an eyebrow, intrigued. He put down his golf club and listened attentively, "That makes sense. What specific ideas do you have, Mr. Fukuhara?"

"How about we establish a joint venture company where we share resources? You have the capability, and I have the network and resources. I believe the prospects should be promising!"

Fukuhara Kazuya's eyes shone as he looked at Xia Yu. This was his purpose for the day.

The more he learned about Xia Yu, the more impressed he was by his financial talent and strength. Despite limited resources, Xia Yu had made a significant impact in the financial market, causing substantial losses to various conglomerates in Hong Kong and earning the title of "Stock God."

Although Wang Qi was executing the strategies, Fukuhara Kazuya, given his level, knew the true situation.

Therefore, Fukuhara Kazuya saw that Xia Yu's current strength in the financial industry was impressive, though limited by geography. Now that he was entering Japan, it was the perfect time for collaboration.

Fukuhara Kazuya, as he had mentioned, had strong connections and resources and his family was a core part of the Sanhe Consortium. He himself was the Vice President of Sanhe Bank, so he had access to the network and resources of both the consortium and the bank.

If a joint venture company was established and Xia Yu was genuinely committed, the prospects would be bright, and becoming a top financial firm in Japan was very possible.

When that time came, holding this card would make it much easier for him to achieve his dreams!

Xia Yu did not pay attention to Fukuhara Kazuya's intense gaze but instead pondered deeply.

Though this aligned with his own desires, it involved significant interests and required careful consideration.

After thinking for a while, he looked at Fukuhara Kazuya and said, "Mr. Fukuhara, your proposal is very tempting. A joint venture could be mutually beneficial. However, how should the equity be divided?"

Fukuhara Kazuya's heart leaped with joy, and he immediately proposed the plan he had prepared: "In the new company, Yonghe Fund would hold 51%, and Jiu Ding Securities would hold 49%."

Xia Yu frowned and immediately rejected, "Mr. Fukuhara, that won't work. If you want us to invest significant effort, we need to have control. Without a controlling stake, we won't be able to fully utilize our strengths. Connections and resources are not irreplaceable."

"I believe the new company should have us holding 51% and Yonghe Fund holding 49%."

Fukuhara Kazuya argued several times, but Xia Yu remained firm about not wanting to be the second-largest shareholder. Fukuhara Kazuya could only sigh inwardly, realizing that this approach wasn't going to work.

Fortunately, he didn't have high expectations for this idea, so he proposed a more realistic solution: "Mr. Xia, let's not argue any further. How about each of us holding 50% equity?"

Xia Yu agreed, "That's acceptable!"

They then discussed the details and handed over the arrangements to Okawa Kosei and Wang Qi for coordination.

After finalizing the cooperation, they chatted for a while longer. Fukuhara Kazuya prepared lunch, and Xia Yu was invited. During the meal, Fukuhara Kazuya selectively shared many interesting things about the Sanhe Consortium, giving Xia Yu a deeper understanding of the consortium.

After returning, Wang Qi immediately took action. He first reached an agreement with Fukuhara Kazuya and Sanhe Bank, purchasing the 10% stake in Japan TV for 8.8 billion yen.

To expedite its use, the 10% stake in Japan TV was transferred directly to Jiu Ding Cultural Media Group.

This move was expected to boost the business of Jiu Ding Cultural Media Group's subsidiaries, including its newspaper companies, Global Television, and Jiu Ding Animation, in Japan.