Resource Tycoon Reborn

Chapter 292 Extraordinary General Meeting of Shareholders

This report by "Nihon Keizai Shimbun" quickly received responses from TV Tokyo, Nikkei CNBC and Nikkei Radio, and more convincing evidence was provided. Immediately afterwards, other major media in Japan or

Reprinted or sent elite soldiers to Sogo0 Co., Ltd. Group for interviews.

Faced with the sudden revelations from the media, Sogo0 Co., Ltd., which was ill-prepared, was caught off guard. Although, when facing media interviews, the publicity department also tried its best to smear the company with as much success as possible.

Downplaying the company's current difficulties. However, Japanese businessmen, who have suffered from the economic recession for a long time, immediately concluded that the report of "Nihon Keizai Shimbun" was nine times out of ten to be true.

Just when the Japanese people are lamenting that another once prosperous department store is going the same way as Yaohan, the purchasing department of Sogo0 Co., Ltd. Group has been surrounded by many suppliers!

In Japan, department stores generally have three forms of merchandise procurement. The first form is that the purchase is counted as much as the amount sold. Goods that are not sold are not considered purchases and can be returned to the manufacturer unconditionally; the second form is that the merchandise is purchased by the department store.

After purchasing, returns are not allowed in principle except for unqualified goods due to the responsibility of the manufacturer or wholesaler. The third option is that the department store accepts the entrustment to sell the goods of the manufacturer or wholesaler on an agency basis, and the department store does not own the goods.

The ownership of the department store. The operating risk is borne by the manufacturer or wholesaler. Different procurement forms have different risks and benefits for the department store. On the whole, the principle of higher risks, higher returns is followed. These three

Each form of purchasing will be used by department store purchasing departments according to the characteristics of different commodities.

However, in addition to the second purchasing method, there is a time delay in the settlement of shopping malls and suppliers, at least once every half month, and some will not be settled until two or three months later. Sogo0 Co., Ltd. Group stores do not

There are less than 20 stores, not including overseas joint venture stores. The total amount of payments that these stores need to settle for these suppliers is also a quite astonishing amount. These suppliers saw the "Japanese Economy"

After the "News" report, I was worried that my payment for goods would be in arrears, especially for those with larger payments.

These people who come to ask for payment settlement make Sogo0 Co., Ltd. Group's accounting personnel very embarrassed. Although Sogo0 Co., Ltd. Group is in trouble now, it is not to the point where it cannot even settle payment on time. At most, it will be delayed occasionally.

It takes two or three days. Those suppliers who are supposed to settle the settlement are easy to handle. If there is a few days difference, just agree on the settlement date. But for those suppliers who have not yet settled due according to the agreement,

The merchandiser made them very troubled. Let's settle it. According to the agreement between the two parties, the payment time has not yet come, and the department store's financial department naturally has not prepared this amount of money. And if it is settled for them this time, then it will be difficult in the future.

They have also changed to half-monthly settlement? But not settled, there are already all kinds of rumors flying around.

The attention of several major media immediately turned the attention of the whole country to Osaka, and with the interviews and investigations of these media, the operating situation of Sogo0 Co., Ltd. gradually became clear. It is not that Mizufune Shinzo and others did not find ways to stop it

, but faced with all-pervasive investigations and interviews by almost all major and small media across the country, and even several foreign media in Japan, they were unable to guard against it. Moreover, what made Sogo0 Co., Ltd. even more devastated was that their creditors,

Regardless of their size, including municipal banks, they have all taken the initiative to "expose" their claims.

By December 17, which was the third day after the Nihon Keizai Shimbun broke the news, the embarrassment of Sogo0 Co., Ltd. Group had been completely exposed to the public, and these media also speculated on the reason why Sogo0 Co., Ltd. Group had fallen into this state.

This situation was reviewed in detail. Among them, the board of directors of Sogo0 Co., Ltd. was severely criticized for blindly expanding its business scale, unlimited borrowing, and privileging the management. Mizufen Shinsan,

As the chairman of the board and the largest shareholder of the company, it was natural that he was to blame and was criticized to pieces.

That's not all, that is, on this day, the "Nihon Keizai Shimbun" morning paper published another report, commenting on the possibility of Seibu Department Store acquiring Sogo0 Co., Ltd. In the review, Seibu Department Store's business performance

It was also taken out and "showed" for a while, which made Yoshidahara even break out in a cold sweat. In the end, although he did not give any unfavorable comments, he pointed out that the development of Seibu Department Store in recent years can only be said to be...

It’s okay. If you want to acquire Sogo0 Co., Ltd., be careful of the consequences of being dragged down.

At nine o'clock in the morning on the 17th, in the conference room of the headquarters building of Sogo0 Co., Ltd., members attending the extraordinary general meeting of shareholders arrived one after another. The focus of everyone's discussion was naturally where the future of Sogo0 Co., Ltd. Group is going. If

, there is no report from "Nihon Keizai Shimbun", everyone can wait patiently and see if things can turn around, but now, Sogo0 Co., Ltd. Group must come up with feasible solutions as soon as possible!

Either sell those non-performing assets to pay off debts, and at the same time reduce various expenses in order to reach balance of payments as soon as possible. Or you must find new capital injection into the company to ensure stability. Otherwise, simply transfer the company to others, so

At least it can leave some money for these shareholders. If it continues to drag on, these shareholders may lose everything by then.

Of course, most of these shareholders already know the news that Fang Mingyuan intends to acquire Sogo0 Co., Ltd., but some people think this is an opportunity, and some people, like Mizufune Shinzo,

Resisting Fang Mingyuan's acquisition, there are still a few with unknown intentions. Therefore, these shareholders are also divided into three obvious small groups. But whether they are in favor or against, they all understand that this extraordinary shareholders' meeting may be

The day when Fang Mingyuan and Shui Chuan entered into a showdown.

At 9:17, Mizufune Shinzo, who had a pale face and dark circles under his eyes, accompanied by Yoshika Mizufune, entered the conference room and sat on the rostrum. He immediately attracted everyone's attention.

At nine twenty-three, Huashanyuan, with a smile on his face, stepped into the conference room with his head held high, and several shareholders immediately surrounded him.

"Hmph! Non-national! Traitor of Japan!" Mizufune Shinzo whispered bitterly, "Yoshika, Chairman Yoshida, haven't you given us a clear reply yet?" Three days ago, he gave Yoshida Harunouchi

I called and hoped that at today's extraordinary shareholders' meeting, Seibu Department Store could give me clear support and jointly resist Fang Mingyuan's acquisition. However, Yoshida Harunouchi was vague at the time, neither clearly agreeing nor rejecting clearly. These days

For this reason, Mizufune Shinzo called Yoshida Harunouchi one after another, but Yoshida Harunouchi never received any accurate information.

This morning, Mizufune Shinzo also read the Nihon Keizai Shimbun report. He immediately called Yoshida Harunouchi, but the person who answered the phone was Yoshida Harunouchi’s secretary. Yoshida Harunouchi was arrested.

The Seibu Group Board of Directors was called. Mizufune Shinzo's heart immediately went cold. However, the next words from Yoshida Harunouchi's secretary gave him hope. Yoshida Harunouchi was not avoiding him, but

It's because the Seibu Group's board of directors took the initiative to ask about the matter.

"I hope Yoshiaki Tsutsumi is angered by the Nihon Keizai Shimbun report, that would be great!" Shinzo Mizufune thought to himself. If the Seibu Group comes to acquire it, things will be lively.

But until now, Fang Mingyuan has not shown up, which makes Mizufune Shinzo feel very uneasy. He has been paying attention to Huashanyuan Shoichi, but Huashanyin Shoichi has not even looked at him. This makes Mizufune Shinzo even more annoyed.

.

At that time, the hand pointed to half past nine. Mizufune turned his head and glanced at the service staff standing by the door. The other person immediately closed the door.

"Everyone, please be quiet!" Mizunan Jinsan said loudly. People in the conference room gradually became quiet.

Mizufune Shinzo turned his attention to Hanashanyuan Masaichi: "Director of Hanashanyuan, everyone is here. You who requested the extraordinary general meeting of shareholders can tell you the reason, right?"

Huashanyuan Zhengyi stood up with a smile and said: "Chairman Mizunan, this should be the last time I call you this."

There were low exclamations from several people in the conference room. Mizufune Shinzo felt that all the blood in his body seemed to be rushing to his head, and his old face suddenly turned red. Although he had been mentally prepared for a long time, this moment really came.

, that kind of psychological shock and humiliation still made him feel furious.

"I'm sorry to tell you that the extraordinary general meeting of shareholders will be postponed for a while now, because we still have an important shareholder who is not present!" Kashan Yuanzheng seemed to turn a blind eye to the angry look on Mizufune Shinzo's face, still smiling.

typical.

"Convene an extraordinary general meeting of shareholders at nine-thirty. This is what you, the director of Hanashanyuan, have requested, right?" Director Mashiro Nakano stood up and said, "Now you are delaying it again. What do you mean? We all have many things to do, but we don't have time.

Staying with you here is a waste of time!"

Kashanin Masaichi spread his hands helplessly and said: "Director Nakano, unfortunately, if this shareholder was not present, we would not be able to re-elect the chairman today! Moreover, I will not hide it from you, this shareholder now owns

The group company has more than 37% of the equity! It is the well-deserved largest shareholder!" (To be continued. Please search Piaotian Literature, the novel will be better and updated faster!)

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