The Amazing son in law Chapter 2046

She chose to pursue a joint venture strategy, similar to what automobile companies have done, to integrate the advanced technology of Nippon Steel into the steel industry.

FAW-Volkswagen, GAC-Honda, and GM Ford have all embraced this joint venture concept. After 20 to 30 years of collaborative development, these companies have achieved impressive sales results.

Nippon Steel is also eager to explore this partnership. The Moore family brings valuable resources, land, and significant experience in the steel sector, making them an excellent potential ally for Nippon Steel. For original chapters go to FιndＮovel.net

The two parties quickly found common ground, and they moved on to discuss and outline the specifics of their collaboration.

Jasmine proposed that the Moore family would retain 51% of the shares, while Nippon Steel would hold 49%. However, Nippon Steel’s preference was to have 51% ownership, leaving the Moore family with 49%.

Though the difference in percentage may seem minor, it significantly impacts who controls the company.

Having 51% ownership makes one the largest shareholder, granting them the ultimate authority to make key decisions regarding the company’s operations.

If control were to shift to Nippon Steel, the Moore family would lose their influence in this partnership.

During negotiations, both sides engaged in a tug-of-war over this crucial point, with neither party willing to yield.

Jasmine addressed Nippon Steel’s top executives: “Gentlemen, for our collaboration, we should look to the automotive industry’s established practices. In our country, local automotive companies typically retain 51% ownership when entering joint ventures with overseas firms. Since the enterprise will be based here, it’s only fair that we maintain majority ownership. I hope your company understands this point!”

Hashimoto Kensen, the vice chairman of Nippon Steel and a key figure in the company’s management, was in charge of negotiations with Jasmine.

At 40 years old, Hashimoto had risen to core management at a relatively young age, reflecting his strong position in Japan’s seniority-focused society.

He looked at Jasmine with a slight smile and replied, “Miss Moore, I understand the cooperative model you’re referencing from the automotive sector, but that framework may not be suitable for the partnership between New Japan Railway and your company.”

Jasmine, maintaining her composure, responded, “Mr. Hashimoto, could you clarify why this model isn’t appropriate for our collaboration? I’m eager to understand your perspective.”

Hashimoto began by explaining, “Firstly, the automobile industry has many leading enterprises. In Japan alone, there are Toyota, Honda, and Nissan; in Germany, we have BMW, Mercedes-Benz, Audi, and Volkswagen; the United States has General Motors, Ford, and Chrysler; and Italy boasts Ferrari, Lamborghini, and Maserati. With so many competitors, undercutting each other’s bids for the Chinese market is common.”

He then shifted to a more serious tone: “However, in the steel industry, there are only a handful of major players. The world’s top ten steel companies include only three or four that truly excel in special steel technology. In Japan, Nippon Steel stands alone in this regard. As the saying goes, ‘Rare is precious,’ and it’s understandable for you, Miss Moore, to offer more to secure a partnership with such a unique entity as New Japan Railway!”

After some hesitation, Jasmine firmly stated, “Mr. Hashimoto, as for the share distribution, I cannot concede any further. The Moore Group must hold 51% of the shares in this partnership. However, to accommodate Nippon Steel, we can ensure that you receive a larger share of the profits generated from our collaboration—specifically, 51% of all net profits. What are your thoughts on that?”

Hashimoto shook his head decisively, saying, “Miss Moore, we will not compromise on the equity issue. If we were open to negotiating this aspect, we would have already established deeper partnerships with other steel companies in your country. So, why would we still be here today?”