Extraordinary Genius Chapter 745

Extraordinary Genius

Chapter 745 – Sixth Sense Company’s developments

In itsearly days, Nasdaq was a platform for unlisted small companies to raise fundsand for people to trade unlisted companies’ shares. It was also the world’sfirst electronic stock market.

But theNasdaq will become one of US major stock exchange. Nasdaq composite index alsobecame an essential indicator of the security markets.

Of course. Trading can also be done on NYSEthrough phone or internet. But it was still not as convenient as Nasdaq.

The requirements for getting listed onNasdaq was tangible or physical a.s.sets worth more than 6 million USD, profitsof more than 1 million USD before taxes the year before, outstanding shares ofmore than 1.1 million shares, minimum of three market makers, each stock mustbe at least 5 USD and at least 400 shareholders.

Because of the lower requirements ofNasdaq, there were a lot of companies listed. Most of the companies were small-mediumenterprises and new startups. These small companies were able to raise fundsquickly. Nasdaq was like China’s Growth Enterprise Market.

Most j.a.panese companies will have lifetimeemployment contracts for their employees. But these contracts were only formainly j.a.panese, and companies seldom issue this contract to a foreign worker.This was a common practice in big j.a.panese enterprises. As long as the employeedid not make any grave mistake or committed any crimes, they could remain atthe company for the rest of their lives.

j.a.panese firms took good care of theiremployees. The Sixth Sense Company had more than 5,000 employees, but only afew hundred of them were given lifetime employment contracts. This was becausethe rest of their staffs were from other countries like Europe, the US andother parts of Asia. Kameda Masao will not give such employment contracts tothese staffs.

Kameda Masao will not tell the press aboutthis. If he told the media, the reporters would question him why can’t theother employees not under lifetime employment contracts purchase the company’sshares?

Feng Yu was speechless when he learnedabout this. All of them were employed under the same company. You can just seta minimum year of service as the criteria. This way, more people will bewilling to buy the company’s shares.

Feng Yu could not retort Kameda Masao, asKameda Masao was more familiar with the company. Even when it comes to managinga company, Kameda Masao was much better than Feng Yu.

Out of the 4 products, s.e.x dolls and lingeriehad already dominated the global market in terms of market share and sales.

As j.a.panese p.o.r.n adult videos became morepopular in the US and Europe, Kameda Mas...o...b..lieves that the sales of hisvibrators will also increase. j.a.pan’s design of such products is the mostadvanced in the world!

Kameda Masao had planned to use the fundraised from this listing to invest in the R&D of condoms. He aimed to beatOkamoto in j.a.pan first and then be the top condom producer in Asia, followed bythe world/

But Feng Yu agreed that the condom marketwill increase in the next few years, and it’s a must for the company toincrease its scale and invest more into R&D after the listing.

Feng Yu and Kameda Masao were veryconfident about this listing. This was because they had engaged the services ofa few top brokerages as their market makers!

Growth Enterprise Market

j.a.pan’s lifetime employment.