We're building a super chaebol in Hong Kong

Just as the Yamakou Group was encountering major trouble, the Japanese government was also facing a significant headache.

On June 8th, a coalition of over a dozen of Japan's leading technology giants, including Toshiba, Sony, Panasonic, NEC, Honda, and Toyota, jointly submitted a signed petition to the Japanese Prime Minister, urging the government to restore Japan's international image as quickly as possible.

Recently, as Japan's image has plummeted internationally, these tech giants have begun to feel the impact.

Japan's economic development over the past decade has been rapid, with exports accounting for a significant portion.

In recent years, Japanese commercial giants like Toshiba, Sony, Panasonic, NEC, Honda, and Toyota have rapidly become world-class commercial giants, primarily by selling their products worldwide.

Regions such as Western Europe and North America are key markets for these companies.

However, lately, with Japan's international image deteriorating due to the Su Corporation incident, these companies have been surprised to find themselves affected.

Initially, these companies believed that the issue would only impact the Japanese tourism industry and wouldn't concern them.

At most, they thought it would only temporarily prevent them from collaborating with Su Corporation and Hutchison Whampoa, and the lack of cooperation wouldn't cause significant losses.

However, they gradually realized that the matter not only concerned them but was also highly relevant.

Starting last week, they began receiving reports from overseas distributors or branches that their product sales were suddenly declining for unknown reasons.

Subsequently, almost daily, these companies received similar feedback.

Initially, they didn't connect this issue with the Su Corporation incident.

However, as more and more distributors reported the issue, and they noticed distributors were ordering less and less, they instructed their distributors to investigate why potential customers were not purchasing their products.

The results showed that these potential customers generally felt that in a country like Japan, where domestic safety couldn't be guaranteed, the quality of products was likely unreliable. After all, in this era, very few products come with a quality guarantee.

Moreover, products from companies like Toshiba, Sony, Panasonic, NEC, Honda, and Toyota face intense international competition. Their products primarily outsell their European and American counterparts due to price advantages.

Europe and America are crucial markets for Japan's major technology giants, and consumers in these markets now feel that it's better to buy well-known European and American brands, even if they are more expensive, because at least the quality is guaranteed, rather than buying cheap but unreliable Japanese products.

Furthermore, due to Japan's tarnished image, many people's positive perception of Japanese products has declined, which is another reason why they suddenly don't want to buy Japanese goods.

These Japanese technology giants have begun to take the matter seriously.

While these companies can still thrive in the Japanese market, they can't become world-class giants relying solely on it.

If overseas markets suffer, they will inevitably suffer significant losses.

Currently, it's evident that factory orders are declining, and workers have shifted from two shifts a day to only eight hours.

Not only are company orders declining, but employees are also starting to complain.

These ordinary assembly line workers make up the vast majority of employees in these technology companies.

Their salaries are not very high, and they can only earn more by working overtime.

But now, even overtime is unavailable, so they can only receive meager basic wages.

Naturally, many people don't want to continue working under these conditions. They have families to support, and it's difficult to survive in expensive cities with such low basic wages.

Therefore, in less than two weeks, employees have begun to resign from these companies' manufacturing plants.

This is a chain reaction.

The initial issue was unrelated to them; it was the Yamakou Group's extortion and the government's inaction. They hadn't done anything wrong. Many companies were even partners with Su Corporation, Hutchison Whampoa, or Tianqiong Semiconductor, companies under Su Cheng's banner.

However, due to this incident, they not only temporarily lost these partners but also suffered collateral damage.

A single incident has triggered so many changes in related areas. No one expected it—neither the Japanese government nor these technology giants.

Therefore, the executives of these companies have started to panic.

But these companies can't salvage Japan's international image. This matter requires the government's intervention.

Ultimately, it's due to the government's initial inaction. They were aware of Murakami Doshi's and others' egregious acts of extortion and intentional injury against Su Corporation's Japanese branch. As a country ruled by law, the relevant Japanese government departments should have intervened.

But what did the government do?

They not only didn't intervene but also turned a blind eye. The police department didn't care, and even the Japanese investment promotion department didn't care!

Is this the behavior of a country ruled by law? Is this the style of a major economic power? Is this a civilized country?

The newest novels are first published on 69shu.com!

If the police department had been responsible and the investment promotion department had taken action, the current situation wouldn't exist. Japan's international image wouldn't have been tarnished, and they wouldn't be suffering such significant losses in the international market!

Companies like Toshiba, Honda, Toyota, Mitsubishi, Sony, and Panasonic all feel wronged. It's the government's inaction, yet these companies have to pay the price.

The short-term losses are already so significant. What will happen if this continues?

Therefore, these companies had no choice but to secretly unite and start pressuring the government.

If this situation isn't changed promptly, they will lose the market they worked so hard to establish internationally.

Markets are difficult to build. It took them decades to establish them.

As the saying goes, conquering a country is easy, but governing it is hard.

They worked hard to establish such a vast market, but now they face the risk of their own government ruining it.

Everyone would feel wronged.

Therefore, after uniting, they immediately began signing the joint petition.

These companies have a significant impact on the Japanese economy, and they can influence Japan's economic development at any time.

Therefore, after receiving the joint petition, the Japanese government finally began to take the matter seriously.

(End of chapter)