We're building a super chaebol in Hong Kong

#622 - Encountered forced buying and selling

Su Cheng answered the phone, curiously looking at the number displayed.

It was a very unfamiliar phone number.

Moreover, the call wasn't from Hong Kong.

Judging by the area code, it seemed to be from Japan.

Su Cheng was a little surprised. Why would someone from Japan call him?

Whether it was Hutchison Whampoa or the Su Corporation, both had their own branches in Japan.

However, Su Cheng rarely concerned himself with those matters.

Basically, matters there were handled by the respective company.

Nevertheless, Su Cheng pressed the answer button.

He wanted to see who was looking for him.

Since they had his number, it should be someone he knew, or a very important business manager under him.

"Hello, is this Mr. Su Cheng?" A strange middle-aged voice came from the phone, speaking in standard Mandarin, not Cantonese or English.

"I am Su Cheng, who is this?" Su Cheng asked curiously.

"Hello, Boss, I am Yan Yingming from the Su Corporation's Japan branch. I have something important to report to you. I have already reported to General Manager Yang, and he asked me to call you again to report."

Yan Yingming's voice was fast as he spoke.

Su Cheng had some impression of Yan Yingming. He was the president of the Su Corporation's Japan branch. Although he had never met him, Su Cheng had some understanding of this person.

When Yang Chaoye reported the situation of the Su Corporation to Su Cheng, he often mentioned Yan Yingming.

He was an executive recruited by Yang Chaoye from the United States. It was said that like Yang Chaoye, he had studied in the United States from the mainland, and then stayed there to work. He had worked under Yang Chaoye for a long time, and his work ability was recognized by Yang Chaoye.

As the saying goes, a new emperor brings in a new court. Now that the Su Corporation was managed by Yang Chaoye, it was normal for him to recruit some of his former confidants to help him manage the Su Corporation.

After all, former confidants were well-known and reliable.

And Japan, as a relatively large market, being entrusted by Yang Chaoye to take office in Japan naturally meant that Yan Yingming had the ability to manage a large branch.

"General Manager Yan, go ahead," Su Cheng said directly.

Before that, everything was going very smoothly. Last month, our revenue in Japan reached 90 million US dollars, and the profit exceeded 40 million US dollars. It is said that Hutchison Whampoa earned even more than us, with a total monthly revenue exceeding 100 million US dollars.

According to the normal rate of development, our Su Corporation's Japan branch's revenue will definitely exceed 100 million US dollars this month. This will become the Su Corporation's second largest overseas market after the United States.

After entering the Japanese market, we began large-scale investments in various industries, including real estate investment. In February, we purchased a piece of land with an area of more than 5,000 square meters in Tokyo's Chuo Ward from Mitsui Fudosan for a total price of 200 million US dollars.

This piece of land originally belonged to Mitsui Fudosan, which is also a real estate development company, but it has encountered financial problems in the past two years, so it chose to sell this piece of land to our Su Corporation for 200 million US dollars. According to the plan, we will build a commercial building over 200 meters high on this piece of land. After the building is completed, it will become the headquarters building of the Su Corporation's Japan branch. In addition, the surplus office space will be rented out.

However, at the beginning of this month, the head of the largest yakuza group in Tokyo, the Yamakou-gumi, called, hoping that I could sell this piece of land to them for about 120 million US dollars. We naturally disagreed, so I directly refused at the time.

I originally thought that this matter would pass, but what I didn't expect was that our business in Tokyo began to be threatened, resulting in a sharp decline in our revenue in the Tokyo area this month.

Not only that, but last week, the door of an Oracle brand experience store in Tokyo's Chuo Ward was even violently damaged in the early hours of the morning, and the goods inside were almost completely looted. According to statistics, the Su Corporation's losses in this Oracle brand experience store alone reached 200 million yen. This does not include the losses suffered by Hutchison Whampoa.

Oh, right. If converted into Hong Kong dollars, it should be about 4.6 million Hong Kong dollars.

This is only the direct loss. Including the decline in revenue caused by their threats during this period, our losses this month have exceeded at least 1 billion yen, which is more than 23 million Hong Kong dollars. The losses are very heavy.

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In addition, a store manager of ours in Tokyo was attacked by a group of tattooed men with beer bottles a few days ago, resulting in a bloody head injury. Fortunately, his life was not in danger.

We also called the police and tried to communicate with the Japanese Ministry of Commerce, but so far, the Tokyo Metropolitan Police Department has only given a target unknown and too few clues for the night attack incident, and the Japanese Ministry of Commerce has asked us to strengthen our protection ourselves due to insufficient evidence.

At this time, I have realized that I cannot solve this matter on my own. The inaction of the local government and the threats of the yakuza groups have made it impossible for us to operate normally. Now our employees in Tokyo are panicked, fearing that they will be implicated. Some employees simply took leave to stay at home.

General Manager Yang felt that since they dared to do this, they did not take the Su Corporation seriously, so even if he came forward to find the Japanese government, it might not be useful.

Fortunately, the scope of this matter is only limited to Tokyo. The business in other parts of Japan has not been affected and is still developing at its original speed. Otherwise, our losses would be even greater.

Therefore, he asked me to call you, Boss, to see what solution you have.

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