Resource Tycoon Reborn

Nakatani Naiichi said with a wry smile: "This is not the key. The key is that Nippon Steel Corporation intends to acquire Nisshin Steel Co., Ltd.!" Nippon Steel Corporation is already the largest steel group company in Japan, and it has a certain distance with Japan Steel Engineering Holdings Corporation.

The difference is that if Nissin Steel Co., Ltd., which merged with Nippon Metal Industry Corporation, is annexed, its position in the Japanese steel industry will be even more stable, making it difficult for Nippon Steel Engineering Holdings to surpass it.

Although the Japanese are relatively united when dealing with the outside world, they are definitely not monolithic. Competition among peers is also very fierce. The competition between Japan Steel Engineering Holdings and Nippon Steel Corporation, which belong to different consortiums, has also continued for a long time.

Year.

"Nippon Steel Corporation wants to acquire Nisshin Steel Co., Ltd.?" Fang Mingyuan immediately sat up straight and asked in surprise. He really hadn't heard anything about this matter. What if Nippon Steel Corporation successfully acquired Nisshin Steel Co., Ltd.

It goes without saying that the company is consolidating its position in the Japanese steel industry. Even in the international market, it may cause quite a stir.

However, after he thought about it, it seemed that there was nothing strange about Nippon Steel's approach. Forming external alliances, coordinating operations, internal cross-shareholdings, mergers and acquisitions and reorganizations were the usual practices of Japanese companies, especially during crises.

During the period, Japanese companies adopted these practices, which played a vital role in expanding their market share, improving corporate competitiveness, ensuring corporate profitability, and successfully weathering the crisis. Nowadays, the global economy is sluggish, and Japan has not been spared.

Naturally, the steel industry has also been affected. It is reasonable for Nippon Steel Corporation to use this tried and tested magic weapon.

However, Nisshin Steel Co., Ltd. is the fifth largest steel company in Japan after all. After acquiring Nippon Metal Industries, it may be able to jump to the fourth place. If Nippon Steel wants to successfully acquire such a company, I am afraid that it will be difficult for Nisshin Steel to successfully acquire it.

It's not an easy task either.

"This is the key point that we find difficult." Nakatani Naruichi said helplessly, "Nisshin Steel Co., Ltd. has a cooperative relationship with Nippon Steel Co., Ltd., and it is also the largest shareholder of Nisshin Steel Co., Ltd., with a shareholding ratio of more than

Eight percent, and the important shareholders of Nippon Steel Corporation and Nisshin Steel Co., Ltd. overlap to a certain extent. If Nippon Steel Corporation is determined to acquire Nissin Steel Co., Ltd., these are favorable conditions."

Fang Mingyuan nodded slowly. He was not very impressed with the specific shareholder composition of the two major companies, especially Nisshin Steel Co., Ltd., but Nakatani Naiichi must have done a detailed investigation.

Fang Mingyuan frowned slightly and said, "Isn't Nippon Steel currently negotiating a merger with Sumitomo Metal Industries, Ltd.? Does it still have the energy to acquire Nissin Steel?" Sumitomo Metal Industries, Ltd. is the fourth largest steel company in Japan.

The business scope covers steel production, non-ferrous metals and other materials, trade and transportation, factory engineering, raw materials and fuel and power, system engineering and many other aspects.

"It's not that difficult, it's just a matter of going through the procedures!" Nakatani snorted. The relationship between the Mitsui Foundation and the Sumitomo Foundation has always been good. Many of their companies have merged, and there is another Nippon Steel Corporation and

There is nothing surprising about Sumitomo Metal Industries Co., Ltd.'s project. So they didn't even bother to stop it, that is, they just put some obstacles in the way to prevent the smooth merger of the two companies.

"Even if it goes through the procedures, if Nippon Steel wants to acquire Nissin Steel Co., Ltd., it will have to digest Sumitomo Metal Industries Co., Ltd. I don't believe its appetite is that good." Fang Mingyuan chuckled, "Why?

I also went there in 2014 or 2015."

Regarding Fang Mingyuan's judgment, Nakatani Naiichi admitted that it was indeed reasonable. Although Nippon Steel Corporation is Japan's largest steel company and wants to swallow up Sumitomo Metal Industries Co., Ltd. and Nisshin Steel Co., Ltd., it is also certain that

It will cause indigestion. At that time, one plus one plus one will not be greater than or equal to three, but it will probably be less than three. Nippon Steel Corporation should not make such a stupid mistake.

"..." Zhonggu Mingyi was about to speak, but he looked up and saw that Fang Mingyuan seemed to be thoughtful, and then swallowed his words.

Fang Mingyuan was really thinking. When he learned that Nippon Steel Corporation was negotiating a merger with Sumitomo Metal Industries Co., Ltd., it was also working on the idea of ​​Nissin Steel Co., Ltd., which made him feel a strong sense of crisis. Compared with Japan and South Korea,

Compared with steel powers, the concentration of China's steel industry is too low. Huge production capacity is scattered among hundreds of companies, large and small, resulting in not many companies that can take advantage of it.

Although, purely from the perspective of production capacity, there are already many Chinese steel companies in the top ten of the world's steel industry, but once profit margins, per capita steel production per ton, and other indicators such as export earnings and other indicators are added, China's

Only a handful of steel companies can remain on the list. Nippon Steel Corporation and Japan Steel Engineering Holdings are undoubtedly among the top ten members of the list, but they still have a strong sense of crisis, and these domestic companies

, in recent years, the concentration level has not increased but decreased. In the field of high-end steel products, they have little power to fight back against these opponents. Instead, they have repeatedly been levied punitive tariffs by developed countries for the export of low-end products. Such a situation

If it continues for a long time, how can we compete with these multinational group companies in the global market in the future? Is it just relying on an unlimited price reduction strategy?

Although exports can earn foreign exchange, it can be said that China has now passed the period of urgent need for foreign exchange. The huge foreign exchange reserves have become a major burden on the government. It is not easy to maintain the value of such a large asset.

, not to mention adding value. Moreover, this reliance on ultra-low-price exports to earn foreign exchange will not only attract the hatred of peers, nor will it attract anti-dumping sanctions from other countries, environmental pollution alone will cause losses in the future.

, it can be said that the benefits are far higher than those that can be obtained from exporting. However, the benefits are obtained by enterprises and the government receives tax revenue. However, the entire population has to pay to control environmental pollution.

"Alas..." Fang Mingyuan sighed softly. Although everyone understands the truth, if you want to actually do something, you will find that there are too many difficulties and obstacles involved.

Nakatani Mingyi was a little confused. He didn't know what he said about a sensitive topic, but Fang Mingyuan let out a long sigh full of helplessness.

"Chairman Nakatani, what measures does your company have to respond to these actions of Nippon Steel Corporation?" Fang Mingyuan picked up the teapot at hand and filled the tea cup in front of Nakatani Naruichi. Nakatani Naruichi quickly raised his hands and bowed slightly to continue.

.Although he is the chairman of Japan Steel Engineering Holding Company, Fang Mingyuan's net worth and social status have far surpassed him. If Fang Mingyuan does not want to come forward in such a matter, the chairman and general manager of Liao Province Iron and Steel Group Company

It was not rude to receive him. Now, it was his advantage to be able to meet and talk to Fang Mingyuan.

After Fang Mingyuan put down the teapot, Zhong Gu Ming thanked him and then sat down and said: "If it is possible, we hope to conduct comprehensive cooperation with Fang Jun's enterprises, including Liao Provincial Iron and Steel Group Company, and the two parties can cross paths.

Holding shares.”

Fang Mingyuan was startled. He was not unfamiliar with the term cross-shareholding. In today's industrial and commercial world, the phenomenon of corporate cross-shareholding is not uncommon. Most Korean chaebols rely on this method to operate huge companies with a small amount of funds.

enterprise system. Even in China, the phenomenon of cross-shareholding is increasing. Although cross-shareholding has some advantages for capital, its side effects are also considerable. For example, in the stock market, it often causes

The Donomi effect, for example, can cause asset bubbles.

"How much cross-shareholding do you plan to hold?" Fang Mingyuan asked with a smile. Although Japan Steel Engineering Holding Company has huge assets, Liaoning Iron and Steel Group Company is not necessarily inferior to it now. Just the shares held by Liaoning Iron and Steel Group Company

A 12% share of the Aselock Group Company is a considerable asset.

"Within ten percent!" Nakatani Naiichi said with a wry smile. Nippon Steel Engineering Holdings is a listed company and its shareholders are relatively dispersed. If you can hold 20% of the shares, you are already the largest shareholder. If you hold 10% of the shares, you will be the largest shareholder.

The third is the second largest shareholder. Liao Iron and Steel Group Company is not listed, and the shares are relatively concentrated. The Fang family and the Guo family alone control the shares. The 10% share is the result of repeated discussions in the board of directors.

.

In fact, if it weren't for the fact that the shares were too small, Fang Mingyuan would not be interested in it at all. Most of the directors would rather limit the shareholding ratio to less than 5%. They just hope to take advantage of the popularity of Liaoning Iron and Steel Group Company and Fang Mingyuan.

, in response to Nippon Steel Corporation, but they do not want Fang Mingyuan to intervene in the affairs of Japan Steel Engineering Holding Company. He owns 10% of the shares and is already the third largest shareholder of Japan Steel Engineering Holding Company. In addition, Fang Mingyuan has great influence in Japanese society.

His influence, his abundant funds, his status and influence on the board of directors of Japan Steel Engineering Holdings Co., Ltd. cannot be reflected by shares. Although it is not that he will lose power, there are many things that Fang Mingyuan would not cooperate with.

If so, it would be really difficult for them to handle it.

Of course, they think that doing so is actually beneficial to Liao Provincial Iron and Steel Group Company. After all, from many professional fields, Japan Steel Engineering Holding Company is not the master of Liao Provincial Iron and Steel Group Company at all.

problematic.

Fang Mingyuan was silent in thought, repeatedly considering the pros and cons. Nakatani Mingyi did not expect him to make a decision quickly. Although the share swap between the two parties did not require the use of large amounts of funds, 10% of the shares,

For both Japan Steel Engineering Holding Company and Liao Provincial Iron and Steel Group Company, a heavyweight shareholder was introduced. Although the Fang family and the Guo family of Liao Provincial Iron and Steel Group Company were able to achieve control, the opinions of other shareholders were not the same.

Can be completely ignored.

At this moment, the two of them suddenly felt their bodies shaking in unison, and the teapot and teacups on the table also made a crisp sound of collision. The two looked at each other and confirmed that an earthquake had occurred, but they did not

Feeling panicked. Speaking of earthquakes, Japan is definitely a country prone to earthquakes. In the last century alone, there have been ten earthquakes in Japan that killed more than a thousand people. The Great Kanto Earthquake even killed hundreds of thousands of Japanese.

The average number of felt earthquakes in Japan can reach a thousand per year. Even in the Tokyo area, the average number of felt earthquakes per year is more than 40. If those minor earthquakes are included, the number is even higher. In order

In response to frequent earthquakes, Japanese houses must take earthquake resistance into consideration when building them, and even interior decoration must fully consider earthquake-proof functions.

Their assistants rushed over in a hurry, surrounded the two people, and were ready to take them out of the house immediately if the situation went bad. However, everyone was not very nervous. They were in Japan for a long time.

People who live in daily life are already numb to earthquakes, and there is no way to avoid ordinary small earthquakes.

The vibrations continued, and many furnishings in the house shook as a result, making crisp knocking sounds, and some debris fell down due to the vibrations.

"Master Fang, let's go out!" Wu Xingguo couldn't help but said as he saw that the chandelier in the room was shaking obviously.

"Wait a minute!" Fang Mingyuan still sat there firmly, holding a teacup in his hand and said, "Don't you feel that the shaking is weakening?"

"That could be a foreshock!" Wu Xingguo said loudly, "Go out first. If nothing happens, it's not too late to come in." Don't be afraid of ten thousand, just be afraid of the worst. If Fang Mingyuan is hurt, it will be a big event.

Fang Mingyuan looked at Nakatani Mingyi, shrugged and said, "How about we just go out for a walk?" Fan Mingyuan was quite relieved about his villa. Not to mention that Japan's earthquake-proof requirements for buildings are very low.

Gao, this house belonged to a member of a certain royal family in the Middle East, and it must have been built with great care. The children of the Middle Eastern royal family are very wealthy, and in a country like Japan that is prone to earthquakes, they must have been extra careful with the materials used. Besides, here

Stay away from Sendai and Fukushima. Even if a major earthquake breaks out there early, it shouldn't have a big impact here.

"Since Mr. Fang is interested, of course I will accompany you." Zhonggu Ming said with a smile. He was quite impressed by Fang Mingyuan's calmness. You must know that he is not Japanese after all. Such an obvious shock can easily make people panic.

. He is calm because as a Japanese over fifty years old, he has naturally experienced a lot and has long since stopped caring about it. And Fang Mingyuan, as a young man who has not been in Japan for a long time, can also have this

Calmness is hard to come by.