A national industry intertwined with South Korea’s defense sector, it’s been a cornerstone that’s sustained the country.
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While China’s aggressive investments have clouded its future, it remains a robust pillar of Korean business.
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If I can carve out a place in this industry, Ribbon Corporation will leave an indelible mark.
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The problem is…
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‘It’s not easy to break into.’
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It’s a completely different beast from the milling industry.
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The big corporations have devoured every slice of the pie, leaving barely any crumbs.
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Blindly jumping into this business?
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That’s just asking to die.
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‘I need thorough preparation. A strategy far beyond what we used for this business.’
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Which sector to target, how to approach it, and how to leverage the assets we already have.
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Everything needs meticulous review and execution.
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To survive.
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To grow further.
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“First, I need to secure plenty of ammunition.”
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Ammunition for the battlefield—money—must be amassed.
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That’s why the franchise business needs to succeed even more.
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But…
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Does life ever go smoothly as planned?
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Riiing.
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My phone blared loudly.
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The sound felt like a warning siren.
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Mr. Kang, how’ve you been?
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“Doing alright. How about you, Ms. Han Yeri?”
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Not so great. So let’s meet up.
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The caller was bad enough, but the brief conversation was even more troubling.
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Mr. Kang, before your business gets crushed.
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***
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Han Yeri suggested a meeting and sent me a location via navigation.
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Honestly, it felt like walking into a tiger’s den—no, sticking my head into its mouth—but I couldn’t ignore her after hearing my business might get crushed.
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“Sit there.”
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“Do you usually hang out in places like this?”
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The top floor of Ilgang Hotel, a subsidiary of Kangseong Group, transformed into a suite.
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Han Yeri sat casually in a room big enough to fit two of my houses, chuckling.
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“My place is nicer. Why would I sleep here?”
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“You’re really flaunting your wealth.”
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“It shows without me trying. Plus, this place has excellent soundproofing.”
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“Does the conversation need to stay private?”
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“It’s better for you if it does, Mr. Kang. Sit. I won’t ask a third time.”
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At Han Yeri’s warning, I sat across from her.
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She poured wine from a bottle on the table.
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‘That’s probably a bottle worth over 3 million won.’
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“Want a drink?”
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“Sure.”
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You drink when the opportunity arises.
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Whether it’s poisoned or not can wait.
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Han Yeri, personally filling my glass, opened the conversation.
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“Isn’t Ribbon Corporation starting a bit too small?”
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“You’ve already looked into us?”
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“I’ve got my eye on you, Mr. Kang.”
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“Thanks for the compliment.”
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“If anyone’s going to take down our hotels and department stores, it’d be you, right?”
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Her gaze was purely that of someone sizing up a competitor.
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I hadn’t even thought that far.
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“Not planning on that anytime soon.”
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“Sounds like you might later.”
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“If necessary, maybe. But I don’t see the need right now.”
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“Good. I hope it stays that way. I’d rather not put a knife to your throat.”
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With Kangseong Group’s power, she might actually be able to bury someone.
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…A chill ran down my neck.
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I rubbed it and got to the point.
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“I’d like to hear about what you mentioned on the phone.”
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“That’s valuable information. You know that, right?”
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“Yes.”
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There’s a dangerous move in Han Yeri’s information network that I don’t know about.
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I understand the value of this intel.
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‘Which means…’
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Even knowing it’s poisoned, I have to drink it.
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Like the wine.
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Han Yeri chuckled, clearly pleased with my attitude.
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Taking a sip of wine, she continued.
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“You know there’s a war going on in our family, right?”
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“Roughly.”
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Kangseong Group, involved in nearly every major industry in Korea.
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Its chairman, Kang Ryuseong, was recently hospitalized.
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This wasn’t a stunt to dodge prosecutors.
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His life was genuinely nearing its end.
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‘That’s why the news has been buzzing about who’ll be the next chairman.’
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There was talk of primogeniture, but anyone who’s dealt with Kangseong Group knows.
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The one who secures the most shares becomes the next chairman, and anything goes in that process.
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As a result, every company in Korea is on edge, watching Kangseong Group’s every move.
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I know because, before I was fired from Spectrum, this was the issue we were most focused on.
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“My aunt runs Kangseong Foods. She’s very ambitious.”
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That one sentence let me read Han Yeri’s intentions to an extent.
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‘Her aunt, Han Kyungsook, probably holds 69% of Kangseong Foods’ shares.’
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Someone like that is aiming for the chairmanship, just like the other heirs.
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That means she’s planning to devour other subsidiaries within Kangseong Group.
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And since Han Yeri brought this up, it means Han Kyungsook’s target is either the department stores or hotels.
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‘If she’s chosen a target, she needs two things: cash and someone willing to sell shares.’
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She likely already has someone to sell shares.
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Plenty of people would side with the chairman’s daughter over his granddaughter, Han Yeri.
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That leaves cash as the remaining piece.
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But Kangseong Foods probably doesn’t have readily available cash.
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They made big news about business expansion, driving up their stock price.
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‘They’ll likely sell shares to secure cash. But selling blindly would be foolish. They’ve probably chosen a buyer.’
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That buyer?
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“SJ TopSugar, SAP, and Korea Milling are buying up shares.”
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“You’re quick, Mr. Kang. I like that.”
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“…Sigh.”
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The big players in the milling industry are splitting Kangseong Foods’ shares.
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In return?
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They’ll probably tear our franchise apart.
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‘The constant news was groundwork for this.’
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The news wasn’t about absorbing mid-sized clients.
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It was to make it look justified when they crush our business.
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They laid the groundwork in advance.
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“I didn’t expect big corporations to start targeting me already.”
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“That’s a strange thing to say. Someone like you should be targeted. You might be a reliable ally, but as a competitor, you’re dangerous.”
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“Not sure if I should be flattered or pissed.”
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If Han Yeri hadn’t told me, I’d have been quietly crushed.
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With One Direction, I might’ve avoided the worst-case scenario.
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But recovery would’ve taken a long time.
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Rubbing the goosebumps from that grim thought, Han Yeri calmly added,
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“To be clear, I don’t know the detailed plan. Whether my aunt will tear Ribbon Corporation apart and distribute it or swallow it whole.”
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“Either way, it’s bad news for me.”
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I needed to quickly prepare countermeasures against Kangseong Foods’ schemes.
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‘What can I mobilize right now…?’
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As I kept crunching numbers, I felt Han Yeri’s gaze.
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“Got more to say?”
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“Just curious. How do you feel?”
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“No idea what you mean.”
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“Getting swallowed up. That’s what you did to grow Spectrum, right?”
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Yeah, I did.
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I’ve been the predator so far.
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Now I’m the prey?
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“Feels shitty.”
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“Hehe, does it?”
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“Yes. So I’m going to rip apart the mouth of the one trying to eat me. That’s what you want, right?”
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“Hahaha!”
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Han Yeri laughed, clearly delighted.
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The reason she told me this?
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She wants to crush her aunt’s plan to take her company.
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Using me as her pawn.
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Without getting a drop of blood on her hands.
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“Exactly. I’d love for you to land a blow. Then I might be able to grab some shares in return.”
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“Interesting…”
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Correction.
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It’s not just about crushing the plan.
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Her goal is to flip it entirely and secure Kangseong Foods’ shares.
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She’s a Kangseong Group member, after all.
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“But it’ll be tough. My aunt has high hopes for this.”
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“Not exactly welcome news.”
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“Just hold on. If you do, I’ll take care of the rest.”
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“How long do I need to hold?”
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“Well, three months until the end of the year, right?”
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Damn it.
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Three months?
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Against a corporate giant’s pressure?
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When all incoming cash is going straight into reinvestment, that’s brutal.
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I slowly sipped the wine in front of me.
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Still, I have to do this.
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If I don’t, I’m done for.
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‘Then I need to think differently.’
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A crisis is also an opportunity.
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“Ms. Han Yeri, if this goes well, it’ll help you move forward, right?”
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“Probably.”
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“Then we need to rebalance the scales. One piece of intel doesn’t cut it.”
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Han Yeri’s hand, about to sip her wine, froze.
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She looked at me with cold eyes.
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Until now, we’d been equals in this conversation, but not anymore.
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Her gaze screamed, ‘How dare someone beneath me climb up?’
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The look of someone at the top.
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“Mr. Kang, I know you’re ambitious. I like men with big dreams and greed.”
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“Then I must be your type.”
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“But I don’t like people who don’t know their place.”
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You’re just a mid-sized company president, and I’m the head of a conglomerate.
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Know your place.
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“Then I need to say this even more.”
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“…What?”
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“You’re planning to eat Kangseong Foods, and you’re even considering a scenario where I eat it, aren’t you?”
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Han Yeri is afraid of me.
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She believes that one day, the Kangseong Foods she worked so hard to secure…
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‘Will be taken by me.’
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She’s convinced I have that capability.
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That’s why she’s pushing this unfair deal.
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Keep me just alive enough to be useful.
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“Eliminating a future threat is smart, but it’d be bad if this deal falls apart because of it.”
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“Ha.”
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“Ms. Han Yeri, right now, you and I are equals.”
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This isn’t a contract where one side holds power.
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“If Ribbon Corporation is torn apart and left in the streets, Kangseong Foods will feast on its corpse and move forward.”
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If one of us dies, the other’s next.
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If I’m torn apart, you’re next, Han Yeri.
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“So the scales of this deal need to be balanced, don’t they?”
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Han Yeri fell silent.
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She merely swirled her wine glass, mulling over my words.
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After a brief pause, she took a sip.
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“Fine. What do you want?”
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The opponent has sat at the negotiation table.
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Now it’s my time.
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What to offer, what to gain.
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I’ve already prepared everything.
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“You know I can’t fend off Kangseong Foods’ attack alone.”
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“Starting a deal just to fail?”
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“No, I’m just clarifying what needs to be addressed to make this deal work.”
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“Alright. So what’s your plan?”
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“Simple.”
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I grinned.
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“Ever heard the phrase, ‘the enemy of my enemy is my friend’?”
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Mark my words.
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The biggest winner of this deal will be me.
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