Rebirth of the Strongest Tycoon

The latest website: This is a very heavy question.

But you have to face it!

For the Torii family, who see Suntory as their goal, investing in other things is worse than investing in their own company.

Therefore, most of the assets of the Torii family are concentrated in the equity of Suntory.

If it weren't for this attitude, as a Suntory company that has a history of more than 80 years and has acquired a large number of companies during this period, the Torii family would not be able to hold 21% of the current 21%. Qi's equity has long dropped to more than ten percent, or even a few percent.

In the post-war island countries, it is normal for most companies to have dispersed equity.

In most listed companies, the total shareholding of the top ten shareholders is only 20 to 30 percent, and 30 percent is considered high!

Under such a low ratio, the reason why most companies are still stable is that the shareholding is dispersed, the company has cross-shareholding, and the company's shareholding and management are separated.

However, Suntory is not a consortium company, so the cross-shareholding situation is not obvious. The company's equity and management rights are directly linked. Most of Suntory's executives are members of the Torii family.

Just as the president of Suntory Corporation is Torii Keizo, the vice president is Torii Nobuyana, and Torii Keizo’s 30-year-old son, Torii Nobuyoshi, is already the president of the Osaka branch with the most resources...

Destroying Suntory's equity structure system can easily impact Suntory's management system.

Torii Keizan said with a heavy face: "Of course I know the family's situation. That's the best situation I assumed for our family."

"Although the probability of realization is very small, even if there is a little hope, we should make unremitting efforts to realize it!"

"Every one of you has assets and connections. I hope you can give full play to your energy, whether it is selling assets or borrowing money, raising funds as much as possible and handing it over to the family to buy back shares."

"In order to acquire as many stocks as possible and use one yen to achieve ten or even dozens of times the effect, I suggest directly entrusting the bank to use financial leverage to help us acquire."

"LBO?"

Torii Keizan just finished speaking,

There was a commotion in the council room, and everyone looked at each other, as if they wanted to express their opinions, but after looking at each other, no one said a word.

They are all very clear about leveraged buyout, a common financial means. It is nothing more than finding a reliable third-party company such as a bank or fund, and relying on third-party funds to buy stocks.

In the final analysis, it is a side ball, a white wolf with empty gloves!

Banks also choose to cooperate for high interest rates.

The acquisition case of "Wanjia Culture" that caused a lot of uproar in the mainland in the past life is a typical example.

Zhao and his wife invested 60 million through the shell of Longwei Media, whose total assets, net assets, operating income, and net profit are all zero, and have not yet started actual business activities after only one month of registration. Borrowing 1.5 billion yuan from a third party at an interest rate, and then raising nearly 1.5 billion yuan with stock pledges, with total assets as high as 360 million yuan, intending to buy 29% of the equity of Wanjia Culture, a listed company with a market value of 10 billion yuan !

Financial leverage is as high as fifty times!

If the Torii family can also find a third-party institution that is willing to play with them like this, then the Torii family can raise 2 billion yen and use hundreds of billions of yen to increase their stock holdings.

And the mortgage is only the acquired equity. The 21.7% of the equity currently held by their family does not need to be mortgaged, and they cannot worry about being eaten by financial institutions.

Even if the leverage is not 50 times, but 20 to 30 times, the funds that the Torii family needs to prepare are only 6 or 7 billion yen, far less than 100 billion yen, which is still in the Torii family. within the scope of ability.

"Uncle, are you going to find our domestic banks and capital companies, or foreign ones?"

Torii Shinichiro looked at Torii Keizo with a burning gaze and asked.

Torii Keizan immediately replied: "The first choice is of course foreign companies. Most of the powerful domestic banks and financial companies are related to the six major consortiums. Looking for them, let's not say whether they are willing or not, even if they are willing, for our The risk is too great.”

"I believe that as long as we are willing to give enough interest commitments, financial institutions in Europe and the United States will not refuse this temptation."

"After all, our family still has the ability to repay, and the existing assets can support our family's creditworthiness. As long as we can survive this crisis, we still have one year to deal with hidden dangers and pay interest. I think this risk is worth taking. "

"Even if the acquisition fails, if we can sell the acquired shares at a high price, we can make a lot of difference, which is a consolation."

The council hall fell silent again, and everyone bowed their heads and frowned in thought.

In fact, the pros and cons are very easy to distinguish.

If you don't do this, in the case of the Torii family, it is absolutely impossible to raise more than 100 billion yen by yourself.

If there is no money to join the acquisition of stocks, then you can only watch Mitsui Securities Company and Jiuding Securities Company fight recklessly. In the end, one side decides the winner, and the control of Suntory Company is taken away by one of them. The Torii family needs to snort, Complete loss of autonomy, let others knead.

And if this is successful, the Torii family needs to take out very little money, and the money is paid by a third party. As long as the Torii family does not go bankrupt, the third party does not have to worry about losses, and it is fine to lie down and collect high interest.

The Torii family needs to pay interest and repay the loan on schedule. If Suntory's stock price falls later, the loss will also be borne by the Torii family. After all, the amount of the contract signed by the Torii family with the third party remains unchanged.

With the current shareholding ratio of the Torii family in Suntory, unless the share price of Suntory has shrunk to less than one-third of the current value, the Torii family has the possibility of going bankrupt. This probability is very low.

Even if the acquisition fails and enough stocks are not acquired, there is still a way out. Compared with not doing this before, it is possible to make some money to enrich the family.

Risk and opportunity coexist!

Gamble or not?

There is no doubt that everyone in the Torii family decided to gamble after thinking about it!

Give it a try!

"Uncle, I agree with your approach!"

"I agree!"

"Seconded!"

...

With one person agreeing, Keizo Torii breathed a long sigh of relief, and a smile appeared on his face.

He stood up suddenly and shouted loudly: "Since everyone has no opinion, from now on, we must unite and work together to serve the family."

"As for finding a third-party agency, Shinichiro and I will be in charge of raising funds. Both of us will contribute, but both of you will do your best to raise funds."

"In addition, don't forget to control the company, and the company must not be in chaos at the critical moment."

"Please, gentlemen!"

After speaking, Torii Keizan bowed deeply, with a full gesture.

"Shh~shh~shh~"

"Please don't worry, Patriarch!"

"The family will definitely be able to tide over the difficulties!"

Everyone present stood up one after another, and each looked solemnly assured.

Afterwards, everyone left with their respective missions to fight for the fate of the family.

The dark storm swept through the ground more and more violently...