Resource Tycoon Reborn

Hojo Masao touched the top of his head that had become "Mediterranean" and said awkwardly: "Tokumitsu-kun, it's not that I don't help you, but that the province has completely failed to reach a consensus on how to assist Sogo0 Co., Ltd.

Get to know! Sogo0 Co., Ltd.'s debt has reached 1,340 billion yen so far, and it has been losing money over the years, and its total assets are also declining. Such a bottomless pit has no chance of turning around.

If companies use taxpayers' taxes to make profits, it will cause strong dissatisfaction among the people."

In fact, he doesn't hope that Sogo0 Co., Ltd. Group can get out of the predicament as soon as possible and regain its vitality. You know, Sogo0 Co., Ltd. owes a huge debt of more than 80 banks in Japan, totaling more than 9.3 billion US dollars.

.If these banks are unable to recover loans from Sogo0 Co., Ltd., it will undoubtedly be another huge challenge for Japan's already volatile financial system.

"If it is impossible for the Ministry of Finance to launch a taxpayer fund rescue plan, can the major banks be persuaded to forgive part of the debt of Sogo0 Co., Ltd.? In this case, it can also give Sogo0 Co., Ltd. a chance to breathe!

"Tokumitsu Fengsheng said seriously. Although the loan interest rate in Japan is not high compared with other countries in the world, the huge loan base causes Sogo0 Co., Ltd. Group to take away huge amounts of funds from banks every year.

Masao Hojo had a look of embarrassment on his face. Since the early 1990s, the Japanese government implemented preventive tightening of the financial industry, which resulted in the complete collapse of Japan's bubble economy. Since then, asset prices have plummeted, and the huge loans lent by financial institutions have

Most of the loan companies' bankruptcy or poor management cannot be recovered, forming so-called "non-performing assets". According to the latest statistics released by the Ministry of Finance of Japan, the amount of non-performing assets in the Japanese banking industry is as high as 50 trillion yen.

Huge bad debts have become the direct cause of the bankruptcy and difficulties of financial institutions. In recent years, several vicious incidents have occurred in Japan's financial sector, which have brought great impact and shock to the Japanese banking industry, which is already facing a crisis. Especially

It is the 'Daiwa Bank Incident', which has undoubtedly made the Japanese financial sector on the verge of trouble worse. Moreover, the domestic bank loan interest rate in Japan is already relatively low, and has been zero interest rate since 1998. In recent years, Japan's economic downturn and financial crisis have

The raging epidemic has also seriously dragged down Japan's banking industry. In Japan's banking industry, several credit unions and local banks have gone bankrupt.

In this case, reducing part of the debt of Sogo0 Co., Ltd. is also a big loss for these banks. For them, it may change from profit to small profit or even loss. After all, this

It's not a small sum, even if it's just a 10% debt reduction, it's more than 900 million US dollars.

"Tokumitsu-kun, I can talk to these banks, but I can't guarantee the final result." Hojo Masao said, "It's not easy for banks now. A while ago, Nagano-kun, the president of Japan Municipal Bank,

He also cried to me that Sogo0 Co., Ltd. owes them US$3.8 billion. If the loan of US$3.8 billion cannot be guaranteed, City Bank’s performance this year is destined to suffer losses.”

Of course Tokumitsu Fengsheng knows about Nippon Municipal Bank of Japan, the sixth largest bank in Japan and the largest creditor of Sogo0 Co., Ltd.

"Tokumitsu-kun, I think that instead of persuading the people to launch a taxpayer fund rescue plan and asking banks to reduce their debts, it is better to have more contact with companies such as Takashimaya Department Store, Tobu Department Store, and Isetan Department Store, and see how they work.

Are you interested in taking over those stores that may be sold by Sogo0 Co., Ltd. Didn't someone on their board of directors propose selling those overseas stores and domestic loss-making stores?" Masao Hojo took a sip of coffee and asked.

"No, many directors on the board of directors of Sogo0 Co., Ltd., including Chairman Mizufune Shinzo, are extremely resistant to selling their stores to these competitors." Tokumitsu said with a wry smile. He added

I have never thought about this plan, but it is too difficult to actually implement it.

"Alas..." The two of them sighed in unison. Neither the left nor the right can do this. Could it be said that the Sogo0 Co., Ltd. Group is destined to be bankrupt and liquidated?

Nagano Mabuyuki, the president of Municipal Bank, the sixth largest bank in Japan, is 58 years old and has been serving as the president of Municipal Bank for three years.

Nagano Mabuyuki felt that during his three-year term, the US$3.8 billion loan from Sogo0 Co., Ltd. was like a heavy stone, weighing him down.

The US$3.8 billion loan of Sogo0 Co., Ltd. was taken out one after another over the past ten years. It was precisely because the hope of repaying it in full on time was getting smaller and smaller that his predecessor had no choice but to

Resigned to the board of directors. The then vice president, Nagano Shinyuki, had the opportunity to become the president. From this point of view, Nagano Shinyuki was grateful to the Sogo0 Co., Ltd. Group. But when he sat in the position of president, thirty

The pressure of the $800 million loan fell on his head, and he now fully understood the feelings of his predecessor.

However, this huge loan was made by his predecessor. Seeing that there was no hope of repayment, it was natural for him to resign. However, he had finally climbed to this position, but he had to suffer because of his mistakes.

Maybe facing the same fate, how could this bring peace to Nagano Shinyuki's mind.

However, no matter how unbalanced his heart was, Nagano Mabuyuki still had to fight to recover this loan. Today's municipal banks cannot bear the loss of such a huge sum of money.

Nagano Shinyuki stood in front of the floor room of the office, looking into the distance, but his heart was not at all calm. Although the phone on the desk and chair was ringing, he didn't want to answer it at all. So far, he has tried

All the methods he could think of were unsatisfactory. Forcibly withdrawing the loan from Sogo0 Co., Ltd. Group was obviously very unrealistic. Not only Sogo0 Co., Ltd. Group would not agree, but other creditors would not agree either. But if it continues like this,

, Nagano Shinyuki is very worried whether Sogo0 Co., Ltd. will eventually become insolvent. And if that is the case, he, as president, may not be able to sit in this office for long.

"President!" His twenty-four or five-year-old female secretary opened the door excitedly.

"Get out!" Nagano Makoto roared without looking back. Women really cannot be indulged. He originally thought that his secretary would be a smart woman, but now it seems that she and her predecessors have nothing in common.

The difference - do you think that if you have slept in your own bed, you can be so ignorant of superiority and inferiority in front of you?

The female secretary with a happy face was startled and quickly backed out. After a while, she knocked on the door again.

"Come in~" Nagano Shinyuki's majestic voice came from inside the room.

The female secretary walked in with a bit of fear. Nagano Mabuyuki had already sat back behind the desk and was correcting documents with his head down. He asked without raising his head: "What's the matter?"

"President, Ms. Lin Lianlin called just now and asked the president if you are free tomorrow afternoon. She is interested in coming to visit." The female secretary lowered her head and said in a low voice.

"Ah?" Nagano Mabuyuki raised his head in surprise. Although the female secretary did not mention the other party's position, there are not many women named Lin Lian in Tokyo, and even in Japan. One of them is pursued by many financial professionals.

A big client! Nagano Masayuki has met her several times and left her a phone number. However, she has never found an opportunity for cooperation.

"When did it happen?" Nagano Shinyuki said sternly, "Why don't you come in?"

"Just now! I picked up the call, but you didn't pick up the call. Now Ms. Lin has hung up." The female secretary shrank her neck and said softly. If it hadn't been for this, she wouldn't have been so excited.

I forgot that I need permission from Nagano Masayuki before entering.

Nagano Shinyuki immediately picked up the phone on the table, took out the address book from the drawer next to the table, found Lin Lian's phone number, and called it.

Nagano Masayuki waved his hand, and the female secretary quietly stepped out and closed the door.

"Ms. Lin, hello, I am Nagano Shinyuki from Municipal Bank!" As soon as the call came through, Nagano Shinyuki said immediately, "I'm really sorry that I couldn't answer your call in time!"

Lin Lian's chuckled voice came over the phone, "President Nagano, it doesn't matter. Do you have time tomorrow afternoon? I plan to accompany Fang Jun to the headquarters of Municipal Bank to discuss with your bank about the Sogo0 Co., Ltd. Group's presence in your bank."

The bank’s debt problem.”

"Ah?" Nagano Shinyuki opened his mouth in surprise. Fang Jun and Lin Lian are going to come to the Municipal Bank to discuss with him the debt of Sogo0 Co., Ltd. in the Municipal Bank? This sounds like a fantasy!

Lin Lian didn't hear the answer for a long time and asked with a smile: "What? President Nagano doesn't welcome you?"

"Of course not!" Nagano Shinyuki trembled and immediately said, "Ms. Lin, please don't get me wrong. I was just too surprised. I'm sorry! I'm really sorry!"

"Do you want Mr. Fang to come too?" Nagano Shinyuki said cautiously, "I welcome you here at any time."

"Well, we are still in Osaka now and won't go back to Tokyo until tomorrow. So it's settled. We will go to your bank tomorrow afternoon." Lin Lian said and hung up the phone.

However, Nagano Shinyuki held the phone receiver blankly and did not come back to his senses for a long time. Could it be said that the unresolved debt problem of Sogo0 Co., Ltd. has turned around? (To be continued. Please search Piaotian Literature, novels are better

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