1988: Back to the human world for a few years

Chapter 439 Lightning Triple Whip (1)

As the executive director of Sankyo Co., Ltd., Suzuki Tsutomu is a powerful figure in the company, similar to the president of a business division in a Western company.

Sankyo Co., Ltd. has its own status in the industry. In addition, various parts of China are eager and enthusiastic about foreign investment. Therefore, if possible, he would be warmly received wherever he went. In fact, he didn't want to meet directly with the young section chief who exuded an aggressive attitude.

But there was no other way. Even if we put aside the fact that Sankyo Co., Ltd. and Momo Baitou were strategic partners, for some reasons, he had to meet Yang Mo as soon as possible.

What’s infuriating is that we are all strategic partners, but I came here three days ago, and that arrogant guy left me aside on the grounds that he was busy and had more important things to deal with at the moment.

Baka~!

Rude guy!
Is there anything more important than meeting with a senior executive who comes to visit your strategic partner?

Well, even if there have been representatives from other administrative systems visiting continuously during this period, considering the values ​​of the Chinese people and the state-owned enterprise nature of Dahua Company, this matter may indeed be more important than meeting with me.

but……

You can always make time to come after work, right?
But the result?

After work, that bastard just slipped back home with his money in his pocket to enjoy his life, without even thinking about my existence!

idiot!

This bastard should commit suicide by disembowelment!

If this happened in an island country, if an important person in charge of a company dared to leave after work and leave important guests aside, he would have to kneel down and apologize in public!
amount……

Well, this is China, and workers in China's state-owned enterprises generally have little habit of working overtime.

But the problem is, you are the vice president of the company, not an ordinary worker!

When he thought of Yang Mo's arrogance towards him, veins popped out on Suzuki Jiken's forehead.

If it wasn't something extremely important, who the hell would leave their job and come to Texas and act like a grandson, calling your assistant seven times in three days to inquire about his affairs?
Therefore, when he finally received the call and heard that Yang Mo could spare two hours today to talk to him, Suzuki Jiken was ecstatic, but also made up his mind to give this impolite bastard a severe warning!
However, the Mediterranean old man didn't expect that as soon as they met, before he could even show his power, the other party opened his mouth and a bolt of lightning struck him on the forehead...

………………

"Mr. Suzuki, long time no see. I missed you so much~!"

Showing a warm smile that was in line with social expectations, after the other party bowed and performed a greeting ceremony with island characteristics, Yang Mo stretched out his hand to shake the other party's hand. Then, before the Mediterranean old man could speak, he suddenly said with a smile: "I heard that... your country's yen to dollar exchange rate has dropped from a high of 116:1 last year to 140:1 in just half a year? Congratulations!"

It was just a light sentence, but Suzuki Jiken felt as if he was struck by thunder. The hairs on his body stood up. He had long forgotten the idea of ​​trying to intimidate Yang Mo indirectly.

"Sang Yang is well-informed indeed. The exchange rate of the Japanese yen to the US dollar just broke through the 132:1 mark on Monday this week and dropped to 140:1. Yang Sang, you know this."

Suzuki Jiken is indeed an old fox from Japan. His control over facial expressions is first-class. It seems that he does not understand the meaning of Yang Mo's words. His face is filled with a happy smile like an ordinary Japanese.

However, the tone that was so kind that it almost carried a hint of guilt undoubtedly showed that the old Mediterranean man was far from being as happy as he appeared to be.

Ok……

Yes, as a strong import and export trade country, the depreciation of the yen should be a great thing for the island country;

Anyone with a little basic understanding knows that the depreciation of the yen means that the island country's export products will be cheaper and more competitive in the international market.

However, this is just the view of ordinary people; and it only applies to bulk commodities, agricultural and sideline products, and common industrial products such as household appliances and automobiles;
For some high-tech products with exclusive technological advantages, such as high-end optical instruments; or some special medicines and anti-cancer drugs, the depreciation of the domestic currency is not a good thing... Anyway, only I and a few other companies in the world can produce them, so even if the price is set too high, you will buy them. But now that the domestic currency is depreciating, isn't this equivalent to making me make less money?
Of course, this is not the point.

Dealing with exchange rate fluctuations is a must for every company that aspires to be on the global stage.

Although Sankyo Co., Ltd. had not made much progress in its global layout before merging with Daiichi Pharmaceutical Co., Ltd. to form "Daiichi Sankyo Co., Ltd.", it was indeed affected by this wave of yen depreciation. However, this superficial loss is nothing to them.

The real point is...

The exchange rate fell too quickly!

In May and June last year, it was still at a high level of 116:1. In just one year, after several ups and downs, it dropped to 132:1, and then lost ground in just half a year, falling to the current 140:1; and from some sporadic news received, this is not the end, and the depreciation of the yen will continue.

Anyone who is familiar with the foreign exchange market can smell this and know what it means.

If things go as expected, it should be that one of the island country’s biological fathers has started to take action!

This……

For a country with incomplete national power, this is quite scary!

In fact, this was also one of the important backgrounds of Suzuki Jiken's trip to China this time. However, he did not expect that it would be pointed out by Yang Mo during this meeting.

………………

Seeing Suzuki Jiken's leisurely look, Yang Mo, who was inviting him to sit down like a host, smiled. As soon as his butt touched the sofa, a look of regret appeared on his face, and a second bolt of lightning came out of his mouth: "Your company is really unfortunate. Your country just introduced new accounting standards last year, and this year you encountered the drastic fluctuations in the yen exchange rate..."

After a slight pause, Yang Mo showed a hint of concern: "Hey... your company is our strategic partner after all. I just hope that your stock price can remain strong in this exchange rate fluctuation and not be affected too much!"

As soon as these words were spoken, even though Suzuki Jiken was very shrewd, the expression on his face couldn't help but stiffen.

This bastard~
He knows everything, he knows everything!
Isn’t it said that China knows very little about the outside world? How could it be... ?
Suzuki Jiken let out a groaning wail from deep within his heart, a fear that had no secrets at all spread throughout his body and limbs, and he wanted to run away right then and there.

Yang Mo's last sentence sounded like a common question of concern. After all, in an open market environment, it is common sense that exchange rate fluctuations will have an impact on stock prices.

But if combined with the first sentence, those who are not concerned about this will certainly find it confusing, but those who know the connection between them will not be able to sit still!

Simply put, the island country introduced new accounting standards in 1989. You don't need to worry about the rest, but there is one standard that you need to pay close attention to: after the new accounting standards are promulgated, if the stocks held by the bank appreciate in value, part of it can be recorded as real income for that year.

This principle can be expressed in simple terms as follows: as long as the stock price keeps rising, the company will make money on paper regardless of whether it actually makes money or not; if it makes money on paper, the stock price will continue to rise. Although the adjustment of the new accounting standards is considered by later generations to be an indirect cause and an important driving force behind the island country's economic bubble, at present, this bookkeeping cycle model that can form a mutually reinforcing relationship is very popular among island companies and financial groups.

Therefore, once the new accounting standards were adjusted, and the interest rates in the island country were ridiculously low at the time, some consortiums raised funds and borrowed money to buy each other's stocks, and then pushed up the stock prices; after the stock prices were pushed up, they turned around and used these stocks as collateral to borrow money from banks... and so on.

Although this process is a transfer of money from one hand to the other, relying on making money from the stock market and forcing the island's banking system to lend, it is somewhat shameful and will have a lot of negative impacts once it is exposed, but... it makes money, which is not shameful!

However, this model is facing a major crisis.

With the sharp fluctuations in the Japanese yen exchange rate, the low-interest rate environment is likely to no longer exist; and once the low interest rates are gone, this game of switching from left to right will become counterproductive.

If the yen continues to depreciate, then it is fine. At most, these funds will be transferred to the real manufacturing industry, and then use the benefits of export trade to push up stock prices in turn.
But the problem is...

Considering the current international situation, it is impossible for the Japanese yen to continue to depreciate with such obviously abnormal exchange rate fluctuations!

When it reaches a certain critical point, the exchange rate will inevitably rise;
Not only will it rise to the original level of 116:1, but it will even be higher.

Once the exchange rate is high, exports will inevitably be difficult; once exports are difficult, there will be no good news, and stock prices will not be able to remain high. They may even fall to a terrible price due to market pessimism.

Perhaps for ordinary investors, when the stock price falls below the purchase price, they will feel that the sky is falling;

However, for Sankyo Co., Ltd. and the consortium behind it, due to different operating models and profit links, the moment the yen exchange rate began to rebound, it would be the beginning of their disaster. Just the large number of zombie loans (this is a very important point, please understand it yourself) generated by those chicken companies at that time would be enough to get them into trouble!
and so……

For them who were racing against time, Yang Mo's two light words were undoubtedly murderous!
………………

Before Yang Mo could show his power, Suzuki Cijian, who was hit twice by Yang Mo, had a flash of fear in his eyes. He tried to calm down and then showed a grateful mood: "Thank you for your concern, Yang Sang. However, thanks to you, Yang Sang, the news that Coriolus versicolor, which has a good preventive and therapeutic effect on many cancers, can be artificially cultivated has caused a sensation in our country, and the artificial Coriolus versicolor cultivation bases we cooperated with your company have also greatly increased the confidence of market investors in us;"

"With the epoch-making hyperlipidemia treatment agent (Mebella, HMG-CoA reductase inhibitor) in hand, and the great benefit of the artificial mulberry fungus cultivation base, even though the exchange rate has fluctuated strongly recently, the share price of our Sankyo Co., Ltd. is still very strong... According to the domestic news I received this morning, the share price of our Sankyo Pharmaceutical rose slightly by 0.02% at the close of yesterday!"

Although Suzuki Jiken expressed his gratitude for the benefits brought by Yang Mo's artificial mulberry mushroom cultivation base, he was actually telling Yang Mo that the lipid-lowering drug "Meibai Lezhen" with broader market prospects and market competitiveness is the treasure of their Sankyo Co., Ltd.... With this thing, the stock price of Sankyo Pharmaceutical will not collapse. Your artificial mulberry mushroom cultivation base is just the icing on the cake. Don't take yourself too seriously.

Yang Mo naturally understood what this guy meant and smiled indifferently.

Do you think it is so easy to create a strategic product?
Unless you have no ambition, otherwise relying solely on a strategic product like Meibai Le Town, even if it has a certain epoch-making significance in the industry, the leverage that can be attached is limited after all. Can you rely on it to make a living in the capital market for the rest of your life?

Therefore, you know whether the artificial mulberry fungus cultivation base, which is directly aimed at cancer treatment and has broad market application prospects but also has the opportunity to control the upstream resource bottleneck, is icing on the cake.

Haha~ Don’t treat others as fools, and don’t treat all Chinese people as blind people who know nothing about the outside world... I know as much as you do about the thrilling steps in the tightrope game of capital operation.

Thinking of this, Yang Mo showed a subtle impatience on his face, and then he took out a cigarette and lit it with a little arrogance without paying much attention to etiquette: "Senior Manager Suzuki, my time is limited, so... I don't know what important matter you came here for this time?"

Suzuki Jiken saw Yang Mo's arrogance, which was completely different from that of other Chinese officials and business leaders, but unexpectedly, he did not feel angry about being neglected. Instead, he felt a little chill in his heart.

The contact last year left a deep impression on him.

He knew very well that the young section chief in front of him, who held real power, was definitely one of the toughest and most ruthless characters he had ever met in China, even more difficult than many higher-level officials.

This guy is not only very familiar with common international business practices, but also knows the internal situation of the island country very well.

For a businessman, this kind of local powerful person who has no information barriers is definitely the negotiating opponent they are most reluctant to face.

Judging from Yang Mo's reaction just now, this guy was not fooled by his words at all, and his thinking was not led to the direction I wanted him to go.

The trace of disdain and arrogance that just flashed across the other person's face was clearly like an adult watching a child lying childishly in front of him.

This undoubtedly confirmed his opinion of Yang Mo.

This is definitely! Definitely! The toughest opponent he has ever encountered in China!
Thinking of this, Suzuki Jiken's muscles all straightened up, and a strong fighting spirit emerged in his heart, but his expression became more kind and casual: "Yang Sang, to be honest, I was ordered to come to China this time with the instruction of the board of directors to expand the cultivation base of artificial Coriolus versicolor on a large scale... There is no budget cap for this plan for the time being, and according to the instructions of the board of directors, the area of ​​the base to be expanded in the first phase will not be less than 10 acres!"

After he blurted out two jaw-dropping pieces of news, Suzuki Jiken showed a condescending expression on his face: "According to my idea, such a great thing should be given priority to you, Yang Sang... It is close to Qilu and is only separated from the island country by a river. The convenience of the location is obvious at a glance. Your company and our Sankyo Co., Ltd. are strategic partners. The two sides have a good foundation for cooperation. We should rely on Qilu as the main base to expand the new cultivation bases of these artificial mulberry fungus."

"But the problem is that your company mainly cultivates poplar mulberry instead of the more effective mulberry mulberry. Moreover, you, Mr. Yang, don't seem to attach much importance to this project, and you don't even regard our Sankyo Co., Ltd. as a true strategic partner."

"so……"

At this point, Suzuki sighed regretfully: "Perhaps the board of directors is right. We should focus on Zhejiang and Anhui... After all, not only are there a lot of mulberry trees there, but local companies and officials are also very interested in this project."

Faced with such blatant temptation and threat, Yang Mo almost laughed out loud.

"Oh?"

Yang Mo looked at the Mediterranean old man with a half-smile, and shrugged indifferently: "Oh, since it is the decision of your company's board of directors, although it is regrettable, there is nothing we can do... Then I can only wish you, Executive Director Suzuki, success!"

Hearing Yang Mo's false regret, Suzuki Cijian, who felt the huge disparity, almost jumped up from the sofa: "Yang, this is a 300-acre artificial mulberry fungus cultivation base, and the budget will not be less than billion yen... This does not include the supporting pharmaceutical factory and other projects... You, you, you just gave up so easily?"

Yang Mo glanced at the somewhat out-of-control Suzuki Jiken, and spread his hands with a smile: "I've already said it, since we are strategic partners, we should fully respect the ideas of your company's board of directors."

After throwing out an excuse without sincerity, Yang Mo's smile turned teasing: "Besides, it doesn't matter even if your company builds all new mulberry mushroom cultivation bases in other provinces... Anyway, you will still have to come back to us for cooperation when the time comes."

!!!

Suzuki Jiken felt his scalp tingling, and said in a deep voice: "You don't want the better quality mulberry mulberry, but choose the slightly lower quality poplar mulberry... Yang, are you too conceited?"

Yang Mo's expression became meaningful: "Mr. Suzuki, you need to practice your Chinese more, otherwise it will be so embarrassing if you say something wrong... So, are you sure... I am conceited, not confident?"

Suzuki Jiken suddenly choked, his expression changed rapidly, and the office fell into a strange silence...

------

PS: I had some important things to deal with during the day, and I had a lot of urgent homework to finish in the evening, so I had no choice but to split a big chapter into two days, but today I can only do this much.

(End of this chapter)