Reinventing the Millennium

Chapter 1243 Witness (4K)

Perhaps Japan’s still-living “Sage of Management” really has authority, perhaps Fang Zhuo really exposed Toshiba’s nuclear power dream, or perhaps S\u0026P discovered new clues.

As Toshiba's rating dropped, and as Standard \u0026 Poor's gave reasons for "increased concerns about Toshiba's nuclear power business and concerns about the company's governance framework," Toshiba's stock price, which had previously been fluctuating and falling, fell heavily.

The Fukushima incident is a black swan for the development of the nuclear power business. This has been continuously verified in Toshiba's stock price since it occurred in March. However, Toshiba has released information on different occasions, believing that it is only a short-term situation that can rebound.

As for whether it can rebound... the current information from various sources has gradually proved that it is difficult.

And this “governance framework concern” is even more interesting.

The TV Tokyo program has not yet been broadcast, and Fang Zhuo is not sure how this business exchange with a sharper style will be edited. After witnessing the basic completion of Sony's framework, he accepted two interviews with well-known Japanese media.

In addition to once again emphasizing the reflection on the "craftsman spirit", we also talked about the slowness of Japan's administration. It should be investigated, punished and dissected. Just like the confusion in the business world, the actions of relevant agencies this time have also been widely criticized. .

Fang Zhuo was in Tokyo for cultural exchanges, and it happened that Nobuyuki Idei, the former head of Sony, was also invited by Chinese companies for domestic exchanges.

Although Nobuyuki Idei did a relatively bad job at Sony, this year, Lianki Computer invited him as a non-executive director on the company's board of directors out of consideration for the Japanese market.

Nobuyuki Idei was interviewed in China. Because the Japanese media widely reported the criticism of the Japanese corporate culture by the head of Yike, he was also asked about the relevant situation.

"Mr. Fang is right, the spirit of Japanese companies is gradually losing, and this needs serious reflection." Nobuyuki Idei gave an acknowledging but concise answer.

A reporter at the scene asked again what he thought of Mr. Fang’s role as an outside director at Sony.

Faced with this question that made his throat itch, Nobuyuki Idei pondered for a while before replying: "I have left Sony. Mr. Fang is a strong business man. I hope that he, as an outside director, will be beneficial to Sony."

The consulting company he founded now also regards China as an important market, but after all, he spent a long career at Sony and showed a certain attitude. This person actually continued to serve as an outside director after Stringer stepped down. It is really disappointing. He was a little surprised.

When the activities of the former head of Sony were reported to Liu Zonghong's attention, he was accompanying his boss to inspect major semiconductor factories in Japan, and by the way he also heard some reports from Mr. Kong.

"Nikon's photolithography machine solution is indeed very PPT. I asked them how far they are from ASML, and their caring expressions were really obvious."

Fang Zhuo talked about Nikon, which was listed as an alternative.

Nikon's optical technology solution sounds very advanced, but its practicality is not adequate, and its performance during the inspection process was disappointing.

"The money we spent in the Japanese stock market this time can completely buy enough photolithography machines for ice cores." Kong Yu, who accompanied the inspection, said proudly, and then added the premise, "Of course, if ASML is willing to sell if."

Fang Zhuo was silent.

It's really not just about money, otherwise we wouldn't have to worry about it long ago.

But this time, Gasoline Man did a great job in financial markets as always.

Before the incident, the market value of Mitsubishi Electric was US$25.4 billion, Panasonic was US$31.2 billion, Sony was US$40.2 billion, and Toshiba was US$23 billion... They are not among the Fortune 500 companies in the world, but they are also Japanese industry giants.

Today, Olympus, the worst company, has fallen by almost 80% and is about to be delisted. Sony has evaporated nearly 7 billion US dollars. Toyota and Nissan, which have been affected, are not inferior to the companies at the center of the counterfeiting vortex.

Such a sharp decline in Japan's core companies caused the Nikkei and Topix indexes to plunge, forcing the Bank of Japan to take action and start buying ETFs to support the rebound of the stock market.

According to Gasoline Man's report, in addition to his own short selling in the Japanese stock market, the bloody smell of the exposure of collective fraud by Japanese companies has attracted other predators roaming the capital market.

Just in the past two days, the Bank of Japan has clearly released news that it will organize banks to rescue Japanese companies that are in trouble, and will use a two-pronged approach to stabilize stock prices.

On the other hand, some Japanese officials said that they have noticed some bad speculative behaviors and do not rule out intervention.

Compared with the U.S. market, Japan is more sensitive and the mechanism intervened earlier. There have been many bailouts this year.

Kong Yu just stopped when the situation was good and only took away some of the upper bubbles, because it was impossible to predict the intensity of the next actions of the Bank of Japan and the Ministry of Finance, and the recent trend of the yen also had to be taken into consideration.

Anyway, his biggest concern is not the Japanese companies on the list, but the Bank of Japan, which strongly supports the three markets of stocks, foreign exchange and bonds.

It is precisely based on this that Kong Yu noticed that the predators swimming in the Japanese stock and foreign exchange bond markets basically guessed what Soros and his like were thinking.

Everyone is patiently waiting for the impact of Japan's high-level changes. Since 2006, Japan has had six phases in five years. Seeing that Noda, who just took office, is not a boss who can sit still for too long, there will be twists and turns and opportunities in the future.

"This time the fraud incident has attracted global attention, and it has helped us share a lot of pressure. Someone in the US business has already mentioned the ice core license, which is another troublesome matter." Fang Zhuo sat in the car and mentioned News from the United States.

The ice core technology introduction and equipment purchase licenses have been renewed, but now that wafer process technology is gradually coming into view, it has naturally become an issue that can be discussed.

Fortunately, it was only mentioned internally and not widely publicized.

Kong Yu frowned when he heard this. Ice core gave Yike an advantage in competing in the global market, but it was also its Achilles' heel, and it was necessary to always pay attention to threats to it.

The problem again is that this is almost certainly what will happen.

He puts himself in the boss's shoes, and the pressure of that moment may be more annoying than the problem itself.

"Buy, buy, buy, dig, dig, spend the money you make." Fang Zhuo quickly let go of the emotions caused by the bad news and said, "I think Toshiba and Sony will be in decline for a while. Let the European patent companies come over.”

Giants like Toshiba, Sony and Nikon all have semiconductor businesses and patents. Toshiba has storage, Sony has sensors, and Nikon has a complete lithography machine team. These are not sectors that can be opened in a short time.

But things should be done step by step, so we have to follow them first.

Ice Core is a joint venture factory in Germany. Talents, teams, and patents can all be transferred and accepted together. This convenience will be applied to Ice Core’s second factory in Europe.

If nothing else happens, this factory will be located in France, and there will also be vest-covered funds, the ice core itself, and French localities to form the capital.

Kong Yu knew the direction of his boss's funds and said with a smile: "Mr. Fang, what I made this time is real money from the production line."

"When it comes to making money, you guys in finance are the quickest to grab it." Fang Zhuo praised, because a considerable part of the funds still remain in the European market, and the profits accumulated in Japan this time, including subsequent ones, are close to 4 billion US dollars.

This amount of money was so huge that when Fang Zhuo learned about the general statistics of Gasoline Man, he couldn't help but secretly plan in his mind that it could almost fully cover the cost of the ice core French factory.

If there is not enough left, borrow it from a French bank.

Well, of course the most effective way to use it is to use money to leverage money, rather than purely investing it. However, when Fang Zhuo and Kong Yu laughed and talked, the financial giants would inevitably remain silent.

At this moment, Kong Yu listened to the boss's praise again and said sincerely: "You can't even grab ice cores as quickly as you can spend them."

The process of Ice Core's French factory will be 45nm, which will still create a generation gap with the Luzhou factory, but it is already the most advanced wafer foundry process in Europe.

Due to the increasingly huge capital investment in advanced manufacturing processes, the number of players on this track is decreasing rapidly, and many major manufacturers have announced that they will stop technology investment or jointly conduct technology research and development.

"Mr. Fang, if the ice core doesn't survive, I might be the second one to jump off the building." Kong Yu is gradually being promoted to the person behind the scenes who is most concerned about the progress of the ice core.

"You can live no matter what, there is no doubt about that. You can't die even if you want to." Fang Zhuo said with a smile, "We just want to see if we can live a higher quality life."

Kong Yu nodded and planned to write a memoir in the future to call himself and Mr. Fang the best partners. If one makes money, one can spend it all. If this continues, the ice core factories in China and Europe will not be able to do so. Will you receive differential treatment?

Or, the supply will be cut off at home and reincarnated abroad?

Kong Yu considered the existing vest situation and knew that everything would have to wait until the day of real collision.

Seeing that the chat between Mr. Fang and Mr. Kong had come to an end, Liu Zonghong smiled and talked about Sony's interview with Nobuyuki Idei in China.

"It's good. The Japanese media invited me, and the domestic media invited him. It's really a cultural exchange." Fang Zhuo knew that Nobuyuki Idei was living a relatively comfortable life, and thought of his old brother Stringer, "You will give the laid-off Jazz a call later." I called him and asked him if he would like to set up a consulting company. I think this method is really good."

Liu Zonghong nodded first, and then realized that the boss's wording had changed. In the past, no matter what the occasion, it was either a name or a knight. Now, no matter what the occasion, a modifier must be added in front of the knight.

The car arrives at the hotel.

Fang Zhuo and his team did not go up immediately. In the next few days, in addition to continuing to inspect some companies here, the basic work at hand has been completed, but they will still observe the final results.

"Buy a few newspapers and have something to eat next to you." Fang Zhuo read newspapers out of habit.

Although the security work in Tokyo is still not relaxed, it is indeed better than in New York. Moreover, your face is not as familiar here as in China, and you can wander around more casually.

After Fang Zhuo discovered this, he visited Tokyo at night for many days.

However, when they approached the convenience store, they saw an old man with gray hair standing next to the newspaper, suddenly holding the newspaper and crying.

The first reaction of the group was to protect the boss and retreat to prevent special situations.

"It's okay. I just criticized a few words on the TV station and didn't do anything."

Fang Zhuo is not that sensitive, or has a clearer understanding of himself.

What are you doing here?

Maintain the order of Sony's power transfer, participate in business exchanges with TV stations, criticize Japanese companies' fraudulent practices, and incidentally inspect technology companies here.

Everything is normal and reasonable. It’s not like a random passer-by would harm you. If you want to stab him, you should stab Takada Shigehisa, Nishida Atsutoshi and other counterfeiting company leaders.

Sure enough, the Japanese just cried and had no other movement trends.

Liu Zonghong took the initiative to go up and complete the action of buying the newspaper, learn about the situation, and then reported the identity of this person.

An old Toshiba man who has retired.

Today's Japan's "Yomiuri Shimbun" reported Toshiba's situation on the front page. After the S\u0026P downgraded, the media in the United States followed suit. Perhaps inspired, they interviewed the U.S. NRC's authoritative views on the nuclear power business, which became Another proof of Toshiba’s bleak future.

And, with the company's stock price plummeting, sources close to senior executives have revealed that Toshiba does have financial problems.

Toshiba, which was previously solid, is showing cracks.

Fang Zhuo took the newspaper and listened to the old Toshiba man's howling and mumbling after the crying became weaker, while an assistant translated in real time next to him.

"Light of Japan, why is it like this?"

"Toshiba fell and its glory was shattered."

As a well-known brand in Japan, Toshiba has been one of the symbols of Made in Japan in the past few decades. This "Light of Japan" from its employees is not bad.

At its peak, Toshiba is one of the top five semiconductor manufacturers in the world, one of the top three medical device manufacturers in the world, and the second largest comprehensive motor manufacturer in Japan. It should also be regarded as one of Japan's four major nuclear energy manufacturers.

However, it has already fallen from its peak when it entered the nuclear energy market.

Fang Zhuo stopped for a while to look at the sadness of the old Toshiba people, and sighed: "For a company with a history of more than a hundred years, standing here, it really feels like its ups and downs throughout the century are appearing in front of you."

Kong Yu asked: "Is it a sense of participation?"

Fang Zhuo knew about Gasoline Man's invisible teasing, but standing on the street he could only reply: "Qianqian's participation."

Liu Zonghong continued: "The feeling of witnessing."

Immersive Witness.

Kong Yu glanced at the boss's secretary and said, "You are not a good person either. Stop shedding crocodile tears."

Fang Zhuo and others did not disturb the emotional expressions of Toshiba people. After reading the reports in authoritative newspapers, they felt that Toshiba was probably not far away from bowing and apologizing.

"Mr. Fang, there are invitations from the media and programs again." Liu Zonghong asked his boss for instructions after returning to the hotel.

"It's enough to sit down and discuss with Masayoshi Son, Kazuo Inamori and others once." Fang Zhuo shook his head, "Look at the semiconductor companies here and then go back to China."

Liu Zonghong agreed and declined all invitations to his boss.

However, it was not until they set off to fly to Shanghai that the previous sit-down discussion was broadcast by TV Tokyo, and the slogan even gave them the title, The Demon King of the End.

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