At this moment, he directly called Masayoshi Kobayashi. As soon as he answered, he said, “Mr. Kobayashi, congrattions on bing the acting president!”
Masayoshi Kobayashi responded with respect, “Thank you, Mr. Ito. However, my role as acting chairman is only temporary. Once my nephew, Jiro Kobayashi, returns, I will hand the position back to him.”
Ito Yuihiko chuckled and remarked, “I doubt Jiro Kobayashi will being back. You, the acting president, will soon be the official president!”
While Masayoshi Kobayashi felt a spark of joy inside, he replied sincerely, “Mr. Ito, I must admit that I think about it constantly. I truly hope Jiro returns safely.”
Ito Yuihiko smiled and stated, “Mr. Kobayashi, I’m not calling just to exchange pleasantries. I have a business proposal to discuss with you.”<h3 style="background-color:DodgerBlue">
Masayoshi Kobayashi quickly replied, “Please, Mr. Ito, go ahead!”
Ito continued in a serious tone, “I have always been very optimistic about Kobayashi Pharmaceutical’s future. You’re aware of this, right?”
“Yes!” Masayoshi Kobayashi replied respectfully, “I’ve known about your confidence in Kobayashi Pharmaceutical for quite some time. Thank you for valuing ourpany!”
Ito Yuihiko proceeded, “I’ve been interested in purchasing a stake in Kobayashi Pharmaceutical. I had a lengthy discussion with Jiro Kobayashi previously, but unfortunately, he has vanished, so I’ming to you to continue this conversation.”
Masayoshi Kobayashi responded eagerly, “That sounds good, but I’m not sure how you want to move forward, Mr. Ito?”
Ito Yuihiko exined, “I’d like to make a deal with Kobayashi Pharmaceutical and propose two agreements with you personally.”
Kobayashi Masayoshi said, “Please, go on.”
Ito revealed, “For the deal with Kobayashi Pharmaceutical, I propose to acquire a 30% stake at a valuation of 15 billion U.S. dors.”
Kobayashi Masayoshi felt embarrassed and replied, “Mr. Ito, the current valuation of Kobayashi Pharmaceutical is likely over 20 billion U.S. dors. Your offer of 15 billion U.S. dors seems quite low…”
Ito Yuihiko reassured him, “Don’t worry, I will outline two agreements you’ll find appealing.”
Continuing, Ito Yuihiko stated, “First, if you can facilitate my purchase of Kobayashi Pharmaceutical at a valuation of 15 billion U.S. dors, I will privately provide you with 200 million U.S. dors in cash.”<fnbfb8> For original chapters go to find{n}ovel</fnbfb8>
“As for the second agreement, if you assist me in making this happen, not only will I give you 200 million U.S. dors in cash, but I will also solidify your position at Kobayashi Pharmaceutical. I can guarantee that regardless of whether Jiro Kobayashi returns, you will securely hold the chairmanship of Kobayashi Pharmaceutical Co., Ltd.!”
Although the Ito family is among Japan’s elite, it doesn’t imply that Ito is overly generous.
His goal has always been to acquire shares in Kobayashi Pharmaceuticals and profit from it, while keeping the share prices as low as possible.
If the valuation is over 20 billion U.S. dors, investing in 30% of the shares would require at least six to seven billion U.S. dors in cash.
However, if the valuation were to drop to 15 billion U.S. dors, acquiring that same 30% stake would only necessitate 4.5 billion U.S. dors, saving him over one to two billion dors.
Upon hearing this, Kobayashi Masayoshi first thought about the significant loss it would mean for Ito. After all, that was a price difference of over two billion U.S. dors—a substantial amount.
Yet, the prospect of receiving cash privately and securing his position as president without any interference began to sway him.
After a moment of contemtion, he finally spoke, “Mr. Ito, given yourpelling offer, I won’t hide my intentions from you. If you can privately provide me with 500 million U.S. dors to ensure my position as chairman, I will actively promote the Ito family’s stake in Kobayashi Pharmaceutical during meetings!”<h3 ss="has-text-align-center" id="chapter-list"><strong></strong>