Reborn in Hong Kong: The Tycoon Grows Up

Mitsui \u0026 Co., Ltd. is Japan's largest general trading company, founded on July 1, 1876. Currently, it has more than 10,000 employees, more than 1,000 subsidiaries, and more than 200 branches in more than 90 countries and regions around the world. office. Most of the group's companies engaged in chemicals and raw materials have been merged to form Mitsui Chemicals, and other members are also engaged in industries such as construction, mining and real estate.

Since its establishment more than 100 years ago, in order to adapt to the needs of the times, Mitsui \u0026 Co. has cultivated a variety of industrial capital in a wide range of fields such as food, machinery, energy, fiber, materials, and finance; it occupies a pivotal position in the current Mitsui Enterprise Group.

It can be said that the book strength is at best worse than Sakura Bank, but it is better than the hard power; it is definitely the most important company of the Mitsui family, and it can even be said that there is no other company. Moreover, from Mitsui Zhongyuan's point of view, his personal ability is definitely no worse than Mitsui Zhongyi; perhaps he was not included in the candidate list of family heirs because he was from a sideline.

But everyone's surname is Mitsui, so why should he attack the decisive one? He is not as capable as Mitsui Chuichi, who is mediocre in ability, and his heart is always not very balanced. Mitsui Zhongyuan, who wanted to increase his own strength, played a bigger role than Mitsui Zhongyi. Not only did they borrow the Mitsui family's reputation to get loans from banks, they also misappropriated Mitsui \u0026 Co.'s funds to expand their industrial territory.

As for Mitsui Chuichi using 50 billion yen to leverage a 380 billion yen business, he thinks it is absolutely trivial. Through leverage, he not only purchased a large amount of real estate; the stock market was even crazier.

If you always use 5 times leverage to allocate funds, as long as the stock price drops by more than 20%, you will lose everything. Therefore, he simply cannot afford the serious consequences of the Bank of Japan's interest rate hike, and must use the power of the Mitsui family to put pressure on the top management.

Mitsui Nakaichi was very unhappy. No one knew better than him about what Mitsui Nakahara had done before. Without the support of Mitsui Zhongyuan and other cousins, he would not be the first to stand up. Assuming that he is the only loser, it will naturally be difficult to retain the position of family heir. It's useless even if the father is partial, in the end, strength will speak for itself.

After losing so much money, you still have to rely on your family to rescue you; how can you be convincing? It was precisely because he knew what other members of the family were doing that he dared to be the first to confess.

The purpose is to make progress by retreating and let the family elders see that he is a responsible person who feels comfortable admitting his mistakes. Even though he was denied, the son had grown up. Although he is still a little immature when it comes to handling certain things, he is already very good compared to his peers.

Mitsui Chuichi: "What do you mean? You know that the trend is irreversible, but you still want the family to be the leader."

It is certainly impossible to express his father's identity easily; he cannot be as knowledgeable as his juniors. If Mitsui Takamori really opens his mouth, someone will definitely be unlucky. Although I also want to see Mitsui Cosco being removed, I don’t want to be buried with him.

At this moment, the overall situation must be considered, and the interests of the family must always come first. The Mitsui family has a special status and is really not suitable to communicate this matter directly with senior officials!

In the mid-20th century, Japan's economy entered a stage of rapid development, and it also began to deploy overseas market projects. The Japanese have established production bases overseas; they value overseas cheap labor and land resources, and on the other hand, they also want to further open the door to the international market.

There are six major international trading companies in Japan, accounting for half of Japan's trade development; their exports account for more than 40% of Japan's total exports, and their imports account for more than 60% of Japan's total imports. These trading companies, like South Korea's Samsung, Hyundai and other companies, are the lifeline of the country's economy, and they are also what people often call chaebols. Six trading companies control all aspects of the Japanese economy; from fuel, rice, oil and salt to aerospace, they are almost everywhere.

Even though it is so powerful, when it comes to the influence of the consortium on the government, it is really very small. Although Japan's current system is different from the separation of powers in the United States, each has its own responsibilities and checks on each other; it is simply impossible for one company to dominate.

Moreover, there has been a tacit understanding between the plutocratic family and the top management. They must not interfere in politics. If anyone gets involved in politics, they cannot be blamed for being ruthless and ruthless. Now it sounds like Mitsui Cosco's intention is to let the Mitsui family come forward to interfere with the Bank of Japan's interest rate hike. If only he could figure it out, isn't this taking the initiative to let others take advantage of him?

In fact, Mitsui Cosco also knew that Mitsui Takamori would not agree to intervene in national economic policies, but why did he still say this? He just wanted to gain support from more family members.

Currently, everyone in the Mitsui family who has some power owns a large amount of real estate and stocks. Once the Bank of Japan raises interest rates significantly, it will affect the stock and property markets. Even if you don't say you will jump off the building, life will definitely not be easy.

Anyone with a discerning eye knows that Mitsui Chuichi, as the heir to the family and the most beloved son of the clan leader, will find a way to fill the hole no matter how big it is. But others don't have such good treatment and can only choose to save themselves.

Once the policy is promulgated, it will be reflected in the stock market and property market; self-rescue methods are simply unworkable and unrealistic.

Mitsui Takamori's status in the family is too high, and relying on him alone; trying to challenge authority is like an egg hitting a rock; he doesn't even know how to die. Only by uniting the vast majority of members can we have a chance of survival; the most important thing is to accumulate strength.

If the Bank of Japan personally intervenes in economic policy, it will not only be bankrupt; it is estimated that the debt owed will take several lifetimes to repay. Of course, if the Japanese economy develops according to the current trend in two years, he will become the richest person in Japan; or even none.

As a collateral descendant, it is almost impossible to take charge of the family. Being in charge of Mitsui \u0026 Co. is a big advantage because of his background; of course, his ability is also another aspect. The most important descendant of the collateral lineage; it is impossible to compete with Mitsui Chuichi for power.

To put it bluntly, Mitsui Takamori arranged for his son to be escorted, but he didn't expect that he was very ambitious and very capable, which made him somewhat uncontrollable.

Mitsui Cosco: "At present, not only the Mitsui family, but other families are also in a similar situation; they are all in a life-or-death situation. This time for the chaebol family may be more terrifying than the defeat in World War II."

"I myself have also purchased a large amount of real estate and stocks, and carried out leveraged capital allocation. Once the Bank of Japan announces an interest rate hike, which will cause the stock and property markets to plummet, I will lose all my money or even go bankrupt."

"As for the stocks and real estate held by Mitsui \u0026 Co., the number is larger; in fact, it is not just me and Mitsui Chuichi; most members of other family companies are similar."

"Who dares to say that they didn't use loans or leverage to purchase stocks and real estate? Everyone's situation is the same. It's not just the Mitsui family, but the situation is similar to several other chaebol families."

"At least until we are not ready, the Bank of Japan must maintain the status quo; absolutely no policy can be enacted."

Emotions The Bank of Japan is opened by your family, why should people listen to you? This made Mitsui Chuichi very unhappy, but seeing his father's expression, he didn't dare to speak.

Mitsui Takamori was such a smart person, and he lived to his age; not to say he became a spirit, but he was close to it. After Mitsui Zhongyuan finished speaking, other members of the family lowered their heads and did not dare to speak; they immediately understood what he meant. They purchased a large amount of real estate and stocks through informal means.

These people are really interesting. I guess I don’t even know how many pounds I have at this moment.

At the same time, it is also clear that Mitsui COSCO is trying to win people's hearts and make a last-ditch effort. Assume that you do not agree to intervene in the Bank of Japan's interest rate hike policy in the name of your family; then it will give people an inherent impression of being ruthless and unwilling to save others.

It is true that the patriarch should be fair and just, but everyone has selfish motives; he is not exempt from vulgarity. If left alone, how can the hole in Mitsui Zhongyi be filled? The son is likely to have no future; to a certain extent, his grandson Mitsui Toyofumi will be implicated.

If he really wanted to save his son, what would happen to the others? How could so many people be saved together? The debt owed by Mitsui Zhongyuan, who has been trying to force her to marry him, is not a small amount. The total number of family members is an astronomical figure.

There must also be many dead and bad debts in various branches of the Mitsui Group; even if they can be filled up, the losses will probably be heavy.

But there is a red line that cannot be crossed; the order prohibits interference in government-related policies. These have been agreed upon a long time ago; anyone who dares to violate them will definitely be tolerated by the public.

I really underestimated Mitsui Zhongyuan before, but he was able to find his own seven inches. I don’t want to argue with my juniors, but now you don’t want to argue, so you can leave calmly; I must give everyone an explanation!