Reborn Xiangjiang Tycoon Growth

Everyone at the scene was shocked when Toyofumi Mitsui analyzed that the Bank of Japan was going to raise interest rates. Not to mention how much real estate the company purchased, each of them held a lot of real estate; they basically operated through leverage. If real estate fell,

It is very likely that you will lose all your money, or even be burdened with debt.

Mitsui Chuichi didn't expect his son to say so much. It seems that he still needs some experience. This is not the time to express his position easily. Many people will think that he is trying to stir up trouble. Although his father is the patriarch, he has the ability to say everything in the family.

status; but after all, he is already 90 years old and still has a few years to live.

Even if he lives to be 100 years old, he seems to be in good spirits now; it is hard to say whether he will become confused in the future.

Although it was not said directly, it ended with the decision of the elders. But it was very obvious both inside and outside the words; the Bank of Japan was about to raise interest rates and take other measures; the Mitsui family must find a solution and cannot sit still and wait for death.

At the same time, the information disclosed to the outside world was to sell off part of the property quickly, otherwise they would lose everything. No one knew better than him what the family members were thinking; this was a group of people who wanted to take advantage of everything.

The properties in their hands are waiting for appreciation, so how can they sell them easily? And selling now is a huge loss for them. Basically, they buy a house with a loan, or even mortgage a property several times; the worst is a circular mortgage.

; In short, if house prices rise, you will make a lot of money; but once house prices fall, sorry, you will probably lose everything.

Seeing that everyone was silent, Mitsui Takamori said in a low voice: "The important affairs of the family are left to you to manage. I am very pleased to see that the Mitsui Group continues to grow stronger. But now that the Bank of Japan is raising interest rates, it can

You are so overwhelmed that you don’t even have any countermeasures; is everything just superficial prosperity? The data is just good-looking."

"The Mitsui family has been standing for 400 years, starting from the shogunate era, during which Japan experienced the defeat of World War II; the family is still prosperous. Now the Bank of Japan suddenly raises interest rates, making it so unbearable. Is it because our ancestors were too wise and powerful, or are we too too

Too incompetent."

"I have always emphasized that business must be done for the sake of the Mitsui family; stability is the first priority; as for businesses with bad investments, we must not do it. As long as we manage advantageous projects well, it will not be difficult to prosper for 400 years."

"But you are lucky enough to invest heavily in real estate; you even use high leverage. Could it be that the current house is not enough to live in? If everyone manages the area they are responsible for well, it will be better than anything else; if you are so ambitious, it will all come to nothing."

"Today I must give an explanation. If the bank raises interest rates and the stock market and property market drop sharply, what is the limit you can bear? No one is allowed to leave until you make it clear. For those who do not tell the truth, whether they are alive or dead, the family will never

Go help.”

As a 90-year-old man, he rarely participates in the specific affairs of various branches of the family. Today's attitude makes them feel familiar and strange. The familiarity is because before, Mitsui Takamori was also a cold and resolute person, which is almost the same as today's attitude.

No two.

Strange because with the rapid development of Japan's economy, the Mitsui family's wealth has been rising every year; they have not expressed any opinions for at least 20 years. As long as the family thinks it is feasible, they will basically not stand up to oppose it.

Seeing that everyone is afraid to speak, the leader is shot; in a big family, there is a huge amount of property distribution involved, and the relationship between brothers is not so harmonious. Some people want to climb up by stepping on their brothers, how can they expose their shortcomings?

.

Mitsui Chuichi knew that he had to stand up and express his position at this time; as the future heir of the family, he must have his own responsibilities. Of course, if the family does not save him, he is likely to be disgraced; it is a matter of life and death, and he can no longer hide it at this moment. So

He said directly: "At present, Sakura Bank's main loan customers are in the real estate field. If housing prices fall sharply, it will cause the bank to have a lot of bad debts."

"At the beginning, everyone believed that Japanese housing prices would only rise and never fall; that's why they made a desperate move. Currently, 85% of bank loans are in real estate-related industries. If the Bank of Japan promulgates an interest rate hike policy and causes housing prices to fall; then Sakura Bank

It will cause heavy losses and even lead to a serious decline in assets."

"As for me personally, I have also purchased 40 large and small real estates, mainly in the Tokyo area. The current market value is about 380 billion yen, but 300 billion of it is loans. If house prices fall by half, we will lose 1,500-2,000 yen.

More than 100 million yen.”

Hearing this, everyone also took a breath of air; they didn't expect this kid to play so big, he was really the first to win.

Sakura Bank is currently the largest bank in Japan and the second largest in the world; its total assets exceed 400 billion US dollars; it was formed by the merger of Mitsui Banking Corporation and Taiyo Kobe Bank.

Because of the relationship with the Mitsui family, Sakura Bank's domestic strength cannot be underestimated. And if it dares to be named after the national flower, if it is not strong enough, people probably will not agree.

As the heir to the family, Mitsui Chuichi naturally has to be in charge of the most important core industry. Sakura Bank, the number one company among the 25 companies in the family, should be managed by him.

I didn’t expect this kid to play so hard, using 50 billion yen in assets to leverage 380 billion yen in wealth. Even with the support of banks, we can’t do this. If we are like him, if there is a disturbance or economic crisis; the bank will not

It would be strange to close down.

Mitsui Takamori did not expect that his son would be so courageous. Before taking over the bank, he repeatedly emphasized that the loan amount of any single industry must not exceed 30%; otherwise, if there is an industry recession, then the bank will inevitably suffer heavy losses; and even the family

Unbearable results.

But this kid just turned a deaf ear to what he said; 85% of the bank's loans are related to real estate. Once housing prices fall, or there is a market downturn, how will the Mitsui family respond?

And he also took the lead in violating regulations. With 50 billion yen of his own funds, he actually wanted to leverage 300 billion in wealth. What kind of concept is this? If you are not careful, you will fall into an abyss.

There is no need to think that it must be taking advantage of the management of Sakura Bank. Even if other banks are going crazy, they dare not lend like this. Even if they agree to lend for the sake of the Mitsui family's face, the interest rate is still unbearable for ordinary people.

The person in charge of the bank cannot borrow money from the bank it manages; this sentence was forgotten again. It seems that this son is really not suitable to be the heir, otherwise the family will be ruined by him.

This is done to avoid using power for personal gain; making money through family shareholding dividends is the safest way. Assuming that all members of the family only care about personal interests, then it will be very difficult for the Mitsui family to continue; it may even be impossible!

Now his son, the future heir of the family, has blatantly violated the rule that he cannot benefit from the company he manages; if he is not punished, what credibility will he have?

As the leader of the clan, you cannot keep a bowl of water balanced; other members of the clan may not obey orders.

Mitsui Takamori thought for a while and said: "Mitsui Chuichi is no longer suitable to continue to manage Sakura Bank. As for who will be handed over to manage Sakura Bank, we can wait until after the meeting to decide. The first task is to find out how much the various subsidiaries of the family are involved in local real estate and stock markets.

In the process of trading.”

Even though the old guy is 90 years old, his ability to solve problems cannot be underestimated, and he is even very sophisticated.

It has not been said who will eventually hand over the management of Sakura Bank; even Mitsui Chuichi's position has not been revoked. But it also sent a clear signal to everyone that mistakes will definitely be punished; even as a family heir, the same is true.

Mitsui Chuuichi explained it so clearly, how dare you conceal it? If the family really discovers it, not only will the explanation be unclear, but it may also lead to death.

There are not many other big families, but they definitely have a lot of children. So what if Mitsui Chuichi is the heir, similar to him; there are several others in the Mitsui family, all of whom are qualified to take charge of the family power. It's just that there are different rankings.

, and irreplaceable.

In fact, Mitsui Chuichi was worried that his father would exterminate his family members out of justice and not care about him, so he would let him fend for himself. If that were the case, he would definitely not be able to fill such a big hole by himself. Even if he loses the right to inherit, it doesn't matter. His son has already grown up.

Moreover, there are only a few people in the family who are qualified to inherit, and they are not clean either. They are no better than me!

Everyone looked at each other, and it seemed that it would be difficult to leave if they didn't tell the truth today. But they were really unwilling to give up like this. It was speculated that the Bank of Japan might raise interest rates, but the specific policy has not yet been promulgated; even if the Bank of Japan promulgates relevant regulations, it can

With current real estate prices and scale, if everyone joins forces, there may not be any chance at all.

The person in charge of Mitsui & Co., Mitsui Co., Ltd. thought for a while and said: "It's just a sign at the moment. It's just everyone's random speculation; there is no factual basis; we are a little too nervous."

Hearing this, everyone had expressions of disbelief. They were thinking that you are too brave. Even Mitsui Chuichi confessed frankly. Don't you know what the patriarch meant? But then I thought about how shrewd the old boy is.

, shouldn't be so stupid; he must be unconvinced and deliberately challenge the authority of the patriarch.