Resource Tycoon Reborn
Chapter 272 Constructive Opinions
In the lobby of the Japan Municipal Bank's head office, the ladies at the front desk were extremely nervous. The management headed by President Nagano Shinji, who usually did not stay in the lobby at all except when entering and exiting the building, almost all of them were out in force.
, appeared in the lobby, which undoubtedly gave them great psychological pressure.
"Are Nagano-kun, Fang Jun and Ms. Lin Lian really here for the debts of Sogo0 Co., Ltd.?" The speaker was Watanabe Shutachi, director of Municipal Bank, and said with a bit of excitement. Nagano Masayuki glanced at
I glanced at him, this was the fourth time he had asked this question today.
"Watanabe-kun, I can responsibly tell you that in the phone call I received, Ms. Lin indeed said this!" Nagano Masayuki said with a heavy tone. Such repeated questions are undoubtedly very impolite.
But Nagano Shinyuki can also understand that the US$3.8 billion loan has now become a huge worry for the senior managers and board members of Municipal Bank. As long as the Sogo0 Co., Ltd. is mentioned, everyone will have a headache.
.
"Where are Watanabe-kun, Chairman Sasaki and the others now?" Nagano Masayuki looked around and wondered. Yesterday, when he informed the board of directors of the matter, many directors were also going to attend today's welcoming ceremony. Why are there so many other directors now?
No one else could be seen except Watanabe's tree.
Watanabe Shutachi pointed to a room not far away and said: "Chairman Sasaki and the others are all there." Nagano Masayuki felt relieved.
"Nagano-senpai, could it be said that Mr. Fang is interested in the Sogo0 Co., Ltd. Group?" The person who spoke this time was Zaemon Nakahiko, the director of the Investment Management Office of Municipal Bank, who is also responsible for the loan of the Sogo0 Co., Ltd.
The beneficiary was almost the same person as Nagano Shinyuki who was promoted to this important position.
"It's hard to say yet!" Nagano Shinyuki shook his head and said, "Zaemon-kun, regarding the loan situation of Sogo0 Co., Ltd., you may need to explain to Fang Jun and others and be prepared." Zaemon Nakahiko and
He is a junior who graduated from the same university, so the relationship between the two is quite good.
"It's really strange, how come Fang Jun is suddenly interested in Sogo0 Co., Ltd. Group?" Zaemon Nakahiko murmured. In his opinion, Sogo0 Co., Ltd. Group is now in a difficult situation, and if he wants to reverse this unfavorable situation,
It is definitely not an easy task to get Sogo0 Co., Ltd. back on the right track. But if it is Fang Jun who makes the move, they have to seriously consider whether there is something they have not considered.
After all, up to now, Fang Jun’s talent in business is something that many people in the Japanese business community have to admit. Not to mention that the Gamestation company has become a "money printing machine", but what Lin Lian now has in his hands is
The equity interests held by those Japanese companies are also an extremely amazing wealth. Today, when the economic situation in Japan is not optimistic, these industries in Fang Jun's hands are full of vitality. Even the Carrefour Group under Fang Jun's name has entered the Japanese market.
, now there are fourteen branches of various sizes in Japan, centered in Kobe, and the benefits are quite considerable.
No matter what the reason is, Fang Jun is interested in the Sogo0 Co., Ltd. Group. It is not a bad thing for the Sogo0 Co., Ltd. Group! Nowadays, the situation of the Sogo0 Co., Ltd. Group can be said to be out of control. Municipal Bank’s
They have no idea how much they can recover from this loan in the end. Therefore, if some unexpected changes occur, for them, the result will not be any worse, but if it changes for the better,
That is of course the best.
In fact, the same thought was running through Nagano Shinyuki's mind, and it wasn't just this. As the bank president, he naturally had a more long-term consideration.
After entering the late 1990s, whether it was the world's financial industry, or in order to conform to this world development trend, it was also to occupy a place in the global banking industry, to get rid of the shadow of stagnation that had been lingering for many years, and to revitalize the Japanese banking industry.
In terms of competitiveness in the world, many Japanese banks that are troubled by non-performing debt have set off a trend of consolidation. For example, Industrial Bank of Japan, Daiichi Banking Corporation and Fuji Bank announced in August this year that they will
In October, United Financial Holdings was formed and named Mizuho Financial Group. The total assets of the merged Mizuho Financial Group exceeded 14 trillion yen. It ranked as the world's largest bank based on total assets.
Let's take Japan's Sumitomo Bank and Sakura Bank in October this year, two months after Industrial Bank, Daiichi Banking and Fuji Bank announced to jointly form Mizuho Financial Group. They also officially announced that they would form Mizuho Financial Group in 2001
We have begun to prepare for the merger. The entire merger will be completed before the spring of 2002, forming Sumitomo Sakura Bank. Its total assets after the merger will reach one hundred billion yen.
Moreover, as far as Nagano Masayuki knows, Japan's Sanwa Bank, Tokai Bank, and Asahi Bank are currently negotiating intensively. If the shareholders of the three banks can reach a consensus, the total assets of the combined new banks may still be
Above Sumitomo Sakura Bank. In addition to them, the Bank of Tokyo-Mitsubishi and Mitsubishi Trust Bank currently seem to be engaged in the same merger negotiations.
As the sixth-ranked municipal bank in Japan's banking industry, it is naturally extremely sensitive to this. Although it has not joined the merger wave of these banks, it is said that the bank's board of directors is not sure about the future of municipal banks.
, and there are many opinions. But no matter what the future holds for municipal banks, only if their own conditions are strong can they maintain their dominant position in the future.
This time, the senior management of Municipal Bank paid so much attention to the arrival of Fang Mingyuan and Lin Lian. The main reason was that they wanted to establish a good relationship with the Fang family and lay a good foundation for future business expansion.
When Fang Mingyuan and his team's motorcade stopped in front of the Municipal Bank's head office, a total of seven members of the board of directors and management, headed by Municipal Bank's Chairman Sasaki Shitaka, were already standing outside the building.
After a brief introduction between the two parties at the door of the building, and under the personal guidance of Sasaki Shitaka, they took a tour of the municipal bank head office building and then the group arrived at the large conference room.
Here, Sasaki Sentaka and others gave another warm welcome speech, and Fang Mingyuan naturally reciprocated and said a few words of thanks. Then, the irrelevant personnel withdrew, leaving only Sasaki.
Qianlong and Nagano Shinyuki. Under the leadership of the two, Fang Mingyuan and the others came to the small conference hall next door.
After some non-nutritious remarks and mutual "admiration", Fang Mingyuan went straight to the point: "Chairman Sasaki, President Nagano, we come to your bank this time mainly for the sake of all your bank's Sogo0
Co., Ltd.’s debt of US$3.8 billion.”
Sasaki Sentaka and Nagano Mabuyuki exchanged glances. Nagano Mabuyuki coughed lightly and said: "Fang Jun, our Municipal Bank does have 3.8 billion U.S. dollars of debt from Sogo0 Co., Ltd. Group that has not been recovered. I just don't know.
,Fang Jun means..."
"I believe both of you are well aware of the current situation of Sogo0 Co., Ltd. How likely is it that your bank's debt of US$3.8 billion will be fully recovered?" Fang Mingyuan said bluntly.
Nagano Mayuki rubbed his hands in embarrassment. Although the loan was not completed in his hands, Nagano Mayuki still felt his cheeks getting a little hot when Fang Mingyuan asked him like this.
Sasaki Sentaka said solemnly: "We have been psychologically prepared that this loan business is likely to have a large amount of bad debt."
Fang Mingyuan smiled and said: "Very good, Chairman Sasaki, President Nagano, on this point, I think we have reached a consensus! If nothing unexpected happens, Sogo0 Co., Ltd. Group will go bankrupt in the near future, and as a
The largest creditor of the Sogo0 Co., Ltd., your bank, which holds a debt of 3.8 billion US dollars, will face serious losses!" Although they were very reluctant, Sasaki Sentaka and Nagano Maanyuki could not deny Fang Mingyuan's judgment.
Lin Liandao: "We came to your bank this time just to put forward a constructive opinion. If we take control of Sogo0 Co., Ltd. Group, then Gamestation Company under Fang Jun's name will take over.
This $3.8 billion debt..."
The more Sasaki Sentaka and Nagano Masayuki heard, their eyes widened, and obvious joy appeared on their faces. Lin Lian's opinion was simply that Gamestation would borrow US$3.8 billion from Municipal Bank to acquire Municipal Bank.
The US$3.8 billion debt of Sogo0 Co., Ltd. held by Sogo0 Co., Ltd. means that in this way, the largest creditor of Sogo0 Co., Ltd. Group will change from Municipal Bank to Gamestation Company, and Municipal Bank will become Gamestation Company.
Become a creditor of Gamestation Company.
Although it is just such a simple identity change, it can be said that there is no difficulty at all, but the nature of this loan has undergone earth-shaking changes for the municipal bank!
The same USD 3.8 billion debt held by commercial banks, if placed on Sogo0 Co., Ltd., is an out-and-out bad debt. Not only will it not receive much interest, it will eventually be recovered.
No one can guarantee the principal amount; but when it comes to Gamesstation, it is an absolutely high-quality loan. Although Gamesstation is not a listed company and has no obligation to announce sales and profits to the outside world, people all over Japan
As we all know, Gamestation is a money printing machine that works day and night! (To be continued. Please search Piaotian Literature, the novel will be better and updated faster!)
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