My 1999

For Yoshiko Nakajima, although she lost her position as CEO of Miller Music Company, she became the vice president of the largest record company in Japan and the director of the artist management department responsible for managing more than 500 artists.

Although his status seems to have declined a bit, his power has not, and has even exceeded it.

After all, iBex is the largest artist management company in Japan, and it is spread across Greater China and mainstream Southeast Asian countries.

In addition, the big boss gave an extra part of the bonus as appeasement, and she quickly accepted it.

After more than two years, she also knew that she was not the material to be the CEO of an entertainment company.

It would be nice to go back to my old job.

Moreover, there are wider channels and space for selecting lovers for big bosses.

As long as she can catch the big boss, she will never have to worry about not making money.

…

Time flies to the next day.

When Xu Liang woke up from his sleep in the morning, his tentacles were soft and he scratched subconsciously.

Turning his head to look at the mermaid lying on the bed, he couldn't help but recall the ridiculous scene last night in his mind.

Boss Xu had a great time last night and was very happy.

Based on his years of experience, it would be no surprise that she would be pregnant again.

After lying on the bed and briefly reflecting on it, Xu Liang moved away the pink arms and legs that were pressing on him, got out of bed lightly, and picked up the sheets folded next to him.

The two plum blossoms were still bright after being specially sprayed with fixative.

He took it to the study room, wrote down the numbers 22 and 23 with a pen, and put it in the safe next to it.

Change your clothes and practice martial arts step by step.

During breakfast, Fukuda Xinmei got up.

Having long been accustomed to Boss Xu's size and ability, she now has red lips and white teeth, radiant face and full of energy.

Clearly very nourished.

"You haven't gotten up yet?"

Xu Liang asked.

"I'm up, but I can't walk yet."

Futian Xinmei, who has been there, knows very well the consequences of having the sewer opened by Boss Xu.

"You can ask the kitchen to make some Qi and blood replenishing food for them later."

"Don't worry."

After making arrangements at home and having breakfast, Xu Liang came to Hanhua's Tokyo office again.

"President, our approval for the acquisition of Muji has been blocked by the Ministry of Economy, Trade and Industry." Kawashima Makoto said respectfully.

"What did they say?"

"It's just that we are still going through the process and let's wait for news."

"It seems that someone is not allowing us to acquire it comfortably."

"How about we find someone to help?"

Xu Liang waved his hand, "No need, until the Seibu Group's acquisition is settled, there will be no results for either Muji or Yoshinoya.

It's no use looking for anyone.

Withdraw all the negotiators. "

"Hi."

"Go and do your work."

After Kawashima Makoto bowed respectfully, he turned and left the office.

Not long after watching him leave, Li Jinling walked in.

"Mr. Xu, Masashi Hasegawa, the president of Ruihui Securities, is here and has been arranged in the reception room."

Xu Liang nodded, stood up, tidied his clothes, and walked out.

Come to the reception room.

After pushing the door open and walking in, his eyes quickly focused on an old man with gray hair who looked to be in his sixties.

The other party has a unique Japanese temperament, and there is cunning hidden behind the humble smile.

"Xu Jun, it is my honor to meet you."

"Mr. Hasegawa, please take a seat."

"Thanks."

The two parties sat down next to the sofa.

Their respective secretaries also sat aside.

"Xu Jun is our most outstanding financial genius in Asia. Rui Hui has always wanted to cooperate with you, and now we finally have the opportunity."

"I have always wanted to cooperate with Mizui, but judging from the progress of negotiations on the two projects of Muji and Yoshinoya, our cooperation is not ideal."

"Xu Jun, businessmen in Japan are cautious. We will take every business seriously so that both parties to the transaction can get what they want.

In your words, it's a win-win situation.

But this inevitably leads to a slow negotiation process.

Therefore, we did not deliberately embarrass Xu Jun, but Rui Hui has always done this. "

Xu Liang: “Maybe, but this also shows that we are not suitable for cooperation.

Different ideas will amplify each other's contradictions.

I personally respect Ruihui very much. You are not only Japan's leading financial group, but also one of the largest financial institutions in the world.

Therefore, we do not want to cause misunderstandings between each other.

Based on this consideration, we are ready to give up the acquisition of Yoshinoya.

If the acquisition of MUJI still fails to pass the review of the Ministry of Economy, Trade and Industry, we will give up the acquisition and we will pay liquidated damages in accordance with the contract. "

The aggressive attitude and full-scale attack made Masashi Hasegawa change his color slightly.

Considering the age of the other party, this kind of offensive negotiation becomes understandable again.

"Xu Jun, large-scale negotiations will always encounter various problems. If you give up when you encounter problems, I am afraid it will also affect your reputation.

I believe that no party will negotiate a merger or acquisition with a company that gives up when it encounters some difficulties in the middle of negotiations. "

"Mr. Hasegawa, please make something clear first.

We have been negotiating with you for half a year, and 90% of global mergers and acquisitions take less than this time. "

"Xu Jun, if you want to quickly acquire Muji and Yoshinoya, it is actually very simple."

"oh?"

"Muji and Yoshinoya are both industries under the Seibu Group. As long as you are willing to acquire the Seibu Group, these two companies will naturally be yours."

Xu Liang's face showed sarcasm.

"Mr. Hasegawa, do you think I'm a fool?

Seibu Group's liabilities exceed US$24 billion and it is insolvent. Should I buy it? Am I a fool? "

"Xu Jun, although Seibu Group has high liabilities, its assets are also as high as 60 billion US dollars. It is not insolvent. The reason for its operational difficulties is only caused by Yoshiaki Tsutsumi's arrogance and management errors.

If it were an elite genius like Xu Jun, a world-class financial tycoon, I believe you would be able to reverse the Seibu Group's unfavorable situation very quickly. "

"Thank you Mr. Hasegawa for your concern. To be honest, I can't do anything about the operations of the Seibu Group.

In business operations, assets that can make money are assets, and assets that cannot make money are liabilities.

More than half of the assets of the Seibu Group are loss-making ski resorts and golf courses. Given the current environment of Japan's tourism and consumption industry, no matter how much money I spend, it is impossible for Seibu to turn a profit.

And of Seibu’s so-called $60 billion in assets, how much are real assets and how much are virtual assets? "

"Xu Jun, Ruihui is Seibu's main creditor. We can bring all Seibu's creditors together and discuss a debt restructuring plan acceptable to both parties..."

Xu Liang interrupted him with a wave of his hand.

"I'm sorry, Mr. Hasegawa, I'm afraid I misunderstood you somewhere before. Now let me reiterate again, I have no interest in acquiring Seibu Group.

The only ones I'm interested in are Muji and Yoshinoya, and if you're serious about selling them, I'll be happy to take them over.

If you are not sincere, then the transaction will not be done in good faith, and there will be many opportunities for cooperation in the future. "

"Xu Jun..."

Xu Liang stood up and said, "Mr. Hasegawa, I have said everything that needs to be said. It is almost noon now. I have asked the following to prepare lunch. Please come."

Hasegawa Masashi slowly stood up.

"There is no need to eat. I still sincerely hope that Xu Jun will seriously consider me and consider Ruihui's conditions.

Cooperating with Ruihui will also be of great benefit to Xu Jun's career development in Japan.

We can easily help Xu Jun solve things like the Muji transaction being stuck. "

After the meaningful sentence, Hasegawa Masashi bowed deeply.

After saying 'goodbye', he left with his secretary.

Watching him leave, Xu Liang narrowed his eyes slightly.

"Mr. Xu, this person threatens us."

"The CEO of Ruihui Securities stomps his feet so hard that Japan's financial world will tremble. And he is certainly qualified to threaten us on his territory."

…

Masashi Hasegawa glanced at the Pacific Building, or Hongmeng Building, where the glass curtain wall reflected sunlight and was full of modernity.

Slowly close the car window.

"President, do you want to go back to the company?"

the secretary asked cautiously.

"Um."

The secretary quickly reminded the driver to drive.

After the car entered the traffic flow of Shibuya District, Hasegawa Masashi pondered for a while and took out his mobile phone to make a call.

The call was quickly connected.

"Hello? Hasegawa?"

Hearing the familiar old voice, Hasegawa Masashi showed a hint of respect on his face.

"President, it's me."

"Is the negotiation with Xu Liang over?"

"Yes. As you expected, he simply refused."

"Rejection is predictable. Seibu Group's debt is too serious, and even if the other party wants to acquire it, it will try its best to get better conditions.

Therefore, it is impossible to agree too quickly. "

"The president is far-sighted. However, I feel that Xu Liang has no intention of acquiring Seibu Group. Could it be that the Futian family deceived us and actually did not take over Xu Liang?"

"I will ask the Fukuda family clearly about this matter again. Unless they want to lose next year's election, they will not dare to deceive us."

"Hi, hello, President."

"That's it."

After hanging up the phone, Hasegawa Masashi slowly exhaled.

On September 29, 2000, Daiichi Banking Corporation, Fuji Bank and Industrial Bank of Japan jointly announced the formation of Mizuho Financial Holdings through a share exchange.

The entire group's business is divided into four segments.

Mizuho Bank

Mainly engaged in personal banking business.

Including agency services for personal investment trusts, financial bonds and personal insurance.

Mizuho Industrial Bank

Mainly engaged in investment banking business in corporate business, project finance, securitization and other areas.

Mizuho Trust Bank

Mainly engaged in various custody businesses related to asset management, including investment trusts, securities trusts, pension trusts and stock transfer agencies.

Mizuho Securities

In addition to traditional securities businesses, it also owns investment fund management companies, non-performing asset processing companies, energy service companies, etc.

After the Seibu Group went bankrupt, it was taken over by the non-performing asset disposal company under Ruihui Securities.

As the president of Mizui Securities, Masashi Hasegawa, although he is a senior executive of Mizui Financial Group, is not the absolute core.

…

After lunch, Xu Liang welcomed Li Zhaoji and Zheng Yutong in the afternoon.

Compared to the high-spirited days in Xiangjiang, the two of them were sighing now, which formed a sharp contrast.

"When I was in Xiangjiang, I didn't realize it just by looking at the information. Now after I went to Japan to inspect it myself, I realized that the situation in Seibu was more serious than expected.

Seibu Department Store and Sogo Department Store have a total of 33 department stores in Japan. Except for a few stores including Ikebukuro Seibu Department Store, the sales of other stores have declined to varying degrees, especially the Saitama Seibu Department Store, which has dropped from its peak. Nearly half.

According to our actual estimates, Seibu Department Store's current sales are only US$6 billion at most, which is nearly one-third less than the estimated US$8.5 billion.

Annual gross profit is less than US$1.2 billion.

However, the debt weighing on Seibu Department Store was US$6.7 billion. Yoshiaki Tsutsumi finally borrowed a lot of high-interest short-term debt in order to balance expenses. After balancing, the total debt of Seibu Department Store in five years reached tens of billions of US dollars.

This burden is too heavy. "

Zheng Yutong sighed.

"Prince hotels are similar. Japan's tourism industry has been sluggish in the past two years. Prince hotels in big cities such as Tokyo and Osaka are okay. The occupancy rate of the dozen or so prince hotels located in scenic spots is less than 40%.

The debt ratio is as high as 70%.

Now even if they are willing to sell the Prince Hotel to me alone, I don't dare to take it. "Li Zhaoji agreed.

When I was in Xiangjiang, I just looked at the information and felt that things were still within an acceptable range.

But when I arrived in Japan, after a personal inspection, I found that things were far more difficult than imagined.

If it's just a heavy debt burden, that's it. The key is that Seibu Group's own profitability also has problems.

The property is in very poor condition.

It’s no wonder that almost a year after Tsutsumi Yoshiaki joined, the Seibu Group is still in Mizue’s hands.

"Uncle Fourth and Uncle Tong are ready to give up?"

"I was ready to give up. I thought I was going to get a bargain, but I didn't expect the hidden dangers to be so big. With all the money, I might as well invest in China. Although I'm starting from scratch, at least I don't have such a huge debt burden." Li Zhaoji said directly.

Zheng Yutong hesitated, "I'll talk to Ruihui again. If they don't agree to restructure their debt, I'm ready to give up."

"Xu Liang, I heard that you encountered difficulties in acquiring Muji and Yoshinoya?" Li Zhaoji asked.

"Yeah. Muji originally signed the contract, but it got stuck in the approval process. Yoshinoya's negotiations were about to sign the contract, but Mizue withdrew all the negotiators."

"They are forcing you to acquire Seibu." Li Zhaoji understood instantly.

"If it's just Mizue, it will be fine. At worst, I don't want the two companies. The key is that the Fukuda family will participate in next year's general election. I hope I can help acquire the Seibu Group to win votes."

Li Zhaoji and Li Zhaoji looked at each other. Although they didn't know the inside story of the transaction, they wisely didn't ask any more questions.

As they mature in age, they know very well that it is better not to ask too many questions about some things.