[USA]
Numerous media outlets highlighted the evident popularity of KiShin's Lego.
Many children were overjoyed to be featured in interviews, proudly showcasing their KiShin's Lego sets, with exclamations like, "I can build my own plane with this!"
Another child enthusiastically proclaimed, "I can recreate Link's sword with these pieces!"
"I'm going to create Super Mario with these!" exclaimed various children as they shared their thoughts during live interviews with media channels that aimed their microphones at them.
A CNN reporter then reported in front of the camera, "As you can see, this toy store is already drawing large crowds, thanks to the KiShin Lego craze!" They presented the bustling lineup of people on the sidewalk, with the cameraman capturing the scene perfectly.
With that, the CNN reporter addressed the astonished viewers who had perhaps underestimated the popularity of KiShin's Lego, stating, "As you can see, KiShin's Lego has gained tremendous popularity in several states of America, even raising concerns among authorities due to its widespread appeal." He paused briefly and added, "Many children were initially drawn to KiShin's video games, and now, they're captivating young minds with their toys."
While the CNN reporter continued his coverage in front of the camera, a Fox News reporter was also on-site, delivering a report.
"KiShin is gradually expanding into other industries beyond their primary focus on video games. Are we witnessing an ambitious company attempting to dominate various sectors?" questioned the Fox News reporter, expressing concern.
However, viewers at home remained fixated on KiShin's Lego, showing little interest in the broader business ambitions of the company.
The popularity of KiShin's Lego was unmistakable. Even professors from prestigious universities were attempting to acquire them.
Those who had seen the KiShin's Merchandise advertisements were undeniably intrigued, regardless of their IQ. Their sole motivation for purchasing KiShin's Lego was to bring their imaginative creations to life.
Just about two weeks after the initial release of KiShin's Lego in the United States, the market demand exceeded even the expectations of Shin and Erik Bradshaw, with their stock dwindling rapidly.
As a result of this, several retail companies selling KiShin's Lego reached out to the manufacturer, KiShin.
Consequently, Reynald McArthur, the President of KiShin Merchandise in the USA, contacted Shinro Suzuki, the CEO of KiShin's Merchandise parent company, seeking advice and a decision.
In response, Shin chose to secure a loan from major United States banks, which promptly extended their support, recognizing the steadily growing KiShin company.
Why did Shin, who is currently worth 2.3 billion USD, decide to take out a loan?
While his company is privately owned and his personal assets are intertwined with the funds of all his KiShin-related companies, the rapid surge in the popularity of KiShin's Lego meant that he might not have the time to mobilize his own capital for the expansion of his factories in various countries, particularly in Southeast Asia. This region offered lower costs and was an ideal choice for establishing new company factories, aside from China, where KiShin had not yet ventured.
By obtaining a loan, his companies can swiftly access capital, meeting the market demand for KiShin's Lego promptly. Moreover, this allows Shin's personal wealth of 2.3 billion dollars to be allocated to other endeavors and purposes.
Taking a loan also enhances his companies' credit rating, provided they can repay the debt in a timely manner. This, in turn, will facilitate easier access to borrowing in the future.
Over time, as Shin's companies continue to borrow from major banks, these institutions may become more willing to offer lower interest rates due to the established creditworthiness of his enterprises.
Considering all these factors, Shin has made the decision to borrow for the first time.
Borrowing money can be beneficial for a business. In fact, it can be advantageous as long as the business maintains its prosperity. Unlike some nations, it is entirely acceptable to borrow funds as long as the process is free from corruption.
Upon hearing Shinro Suzuki, the owner of all KiShin companies, Reynald McArthur, along with the executives, proceeded to secure loans from several major banks in the United States, including Citicorp, Bank of America, and Chase Manhattan Corporation, all of which were eager to provide financial support. These banks recognized the potential of KiShin Merchandise and perceived a significant opportunity.
And indeed, this was their opportunity.
---
Meanwhile, in Tokyo, Japan.
Shin seemed entirely oblivious or perhaps it had simply slipped his mind, but when the Japanese Government learned that KiShin Electronics Subsidiary, KiShin Merchandise, was borrowing money from various major banks in the USA, it left the Japanese Government feeling uneasy.
Why?
It was undeniable that KiShin companies were establishing themselves as a globally significant entity, with the potential to even make it onto the Fortune Global 500 list despite being a private enterprise. Moreover, their brand presence in foreign markets was steadily taking root.
However, this very progress was the reason behind the unease felt by the Japanese Government regarding KiShin, a company with immense potential, borrowing from various major banks in the United States of America.
There were several reasons for this unease.
Firstly, if Japanese companies continued to borrow from various major U.S. banks, it would diminish the Japanese Government's control over the financial sector, as these banks fell outside Japanese regulatory oversight.
Secondly, if these Japanese companies borrowed extensively from U.S. banks and subsequently moved their capital out of Japan, it would result in capital flight, potentially weakening the Japanese economy and complicating economic management for the Japanese government.
Most importantly, heavy reliance on U.S. banks for financing could undermine Japanese economic sovereignty.
This is because the Japanese government would have limited ability to implement policies that might adversely affect the interests of U.S. banks.
While the Japanese Government and its officials were deeply concerned about KiShin's substantial borrowing from U.S. banks, Shin remained blissfully unaware, enjoying a meal with Mira at a three-star Michelin restaurant.
Mira smiled as she savored the A5 beef and remarked to Shin, "I was genuinely surprised by how popular KiShin's Lego has become in the United States." Upon hearing the news that the popularity of KiShin's Lego had prompted Shin to borrow money from U.S. banks, her astonishment was evident.
Shin smiled and replied, "I was surprised as well." He chuckled and added, "The fact that it's even surpassing KES and video game sales was beyond my expectations too."
---
The popularity of KiShin's Lego in the United States had reached Japan, and it was featured in the news. Consequently, the sales of KiShin's Lego in Japan gradually gained popularity as well.
Undoubtedly, the USA, particularly for the majority of people in Asia, whether they favored it or not, served as a trendsetter. The influence that KiShin's Lego was exerting in the USA piqued the curiosity of many in Japan and other parts of Asia where KiShin Merchandise had a presence, leading to a rapid surge in the popularity of KiShin's Lego.
This turn of events was entirely unexpected in the business world.
P@treon.com/NewComer714.
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