Rebirth Tokyo 1986

Chapter 271 A single move affects the whole body
The collapse of the real estate market quickly affected the Japanese stock market.

Buyers who purchase large amounts of land for investment can only sell the high-quality stocks they hold to make up for the loan deficit caused by the depreciation of the land.

"Quick, sell 10000 lots of Sony."

"Sell 50000 Hitachi lots."

"Matsumoto Manufacturing sold 30000 lots."

"NTT, clear all your positions for me."

……

Trading quotes came to traders at the Tokyo Stock Exchange like snowflakes.

Everyone was busy and the whole exchange was in a panic.

Too many large sell transactions caused the Tokyo stock market to fall sharply again.

Stock investors, who were already frightened, also chose to sell.

Most people think this way: selling now will only make a little less profit or even a little loss, which is better than having nothing in the end.

In less than half a month, the Nikkei index dropped from 33000 points to 22000 points due to panic selling.

The entire stock market was silent.

"The opportunity has come."

Masato Takeshita looked at Takamasa Kamoto happily, and then gave orders in high spirits.

"Immediately initiate a purchase of Matsumoto Manufacturing's shares, and do it in a covert manner."

"Hi!"

After a respectful response, Kamoto Takashige asked, "President, what is the target?"

"We can acquire as much as we can, and we don't need to worry about the target."

Affected by the stock market stampede, Matsumoto Manufacturing's market value has reached 1.5 trillion yen, or just over 120 billion US dollars.

The price-to-earnings ratio is only about 13 times, so even if it depreciates further, there is not much room for reduction.

"Is it from the president's personal fund?"

"Well, all from my own funds."

Masato Takeshita has too much of his own capital, so it is not suitable for him to enter the investment market.

Spending part of it to buy Matsumoto Manufacturing shares and increase control over one's own company is far more important than making more money.

He now only owns 22.6% of Matsumoto Manufacturing shares, and if he is not careful, he will lose his position as a major shareholder.

Young people don’t want their first company to become someone else’s dowry.

After leaving Xinghai Investment, Masato Takeshita took a car to Industrial Bank.

"Sit down, what would you like to drink?"

"Same old, black tea."

They were all old acquaintances, so Masato Takeshita didn't hesitate and leaned casually on the sofa.

After simply moistening his throat, the young man sat up straight and asked quietly.

"Brother, this time we should have a chance to go a step further."

This collapse of Japan's real estate will also lead to the collapse of Japan's banks.

Because of the previous real estate boom, many banks, including Industrial Bank, issued a large number of land loans.

Now that the real estate market has collapsed, it is estimated that a considerable portion of the debt will become bad debt.

Toyoshima Akio was warned by Takeshita Masato that even if a land loan was taken out, there was enough collateral.

It can be said that they are the group that suffered the least losses in this wave of land crash.

Toyoshima Akio raised the corners of his mouth slightly and nodded gently.

"If nothing unexpected happens, we should be able to move up five places."

The young man quickly calculated in his mind, raised his head happily and said, "Oh, that's the No. 3 position of Industrial Bank."

"Yes."

"Congratulations, Brother Fengdao. You are one step closer to achieving your wish."

"That's about right. Thanks to Takeshita-san for reminding me."

Although the seniority system in the Japanese workplace is no longer as clear as it used to be after reaching the highest level, Akio Toyoshima's advantage is too obvious as he is the youngest among the bank's senior management.

As long as the current president steps down, he has a very high chance of removing the title of vice president.

Masato Takeshita pursed his lips and smiled modestly.

"No, this is all thanks to the seniors. I'm just making a suggestion."

"No, no, no, you are too modest. Sometimes a good suggestion can determine the fate of a person's life."

Toyoshima Akio was deeply touched by this.

Ever since he met Masato Takeshita, his career has been going very smoothly.

Not only was he quickly promoted from executive director to managing director, he also became the company's vice president.

Before long, there will even be a chance to become the president of the company.

The two of them flattered each other for a few more sentences, and finally it was Masato Takeshita who couldn't hold back first.

He changed the subject a little stiffly and said, "Brother, um, I have something to talk to you about today."

"Is something wrong? Tell me."

Toyoshima Akio sat up straight, as if listening attentively.

"Senior, don't be so serious. It's just a small matter."

"I would like to entrust Industrial Bank to help purchase Matsumoto Manufacturing's shares."

How can Xinghai Investment alone accomplish this? It requires the joint efforts of multiple institutions.

And it's not just Industrial Bank. Changxin Bank, Yamaichi Securities, and Nomura Securities are all his targets.

"Buying stocks is no problem, it's just a small matter."

Toyoshima Akio put on a confident expression and asked casually.

"How many shares do you want to buy, I'll arrange for someone to do it right now."

The young man didn't hesitate and said, "I'm going to spend 1000 billion yen to buy back shares and increase my shareholding in the company."

"No problem, wait for my good news."

Toyoshima Akio was very happy that his junior fellow student had sent him such a great gift. He could earn at least 10 billion yen by completing this order.

"OK, I understand."

Shortly after reaching a verbal agreement, the two parties signed a formal cooperation agreement.

"Brother Fengdao, I'll leave the rest to Industrial Bank."

"Please rest assured, our company will never let you down."

"Well, I still have great faith in the capabilities of Industrial Bank."

Industrial Bank is still the largest bank in Japan, and its market value is second only to telecommunications company NTT.

Even a small matter like stock repurchase is absolutely within his control.

After achieving the predetermined goal, Masato Takeshita felt embarrassed to continue disturbing them.

"Then I won't bother you anymore. Brother, you are busy."

"We're leaving now. Let's have a meal together before we go."

"No, there are still some things to deal with at the company."

"Well, next time you have to eat before you leave."

"OK, no problem."

For the next few days, the young man went to the two giant financial companies every day.

5000 billion yen of funds were invested directly.

His goal is to increase his stake in the company to more than 50%.

Just as Japan was in chaos due to the sharp drop in the real estate market, the Gulf War broke out as expected.

At the beginning, the situation was unclear and the prices of commodities such as oil were rising sharply.

But everyone soon discovered that Iraq was a paper tiger that could not withstand a single blow.

The US-led coalition forces brought Iraq to collapse without many casualties.

Suddenly, the prices of commodities such as oil plummeted.

The stock market was on a roller coaster ride, with war stocks plummeting and the rest rising.

"The president is the president, he is really amazing." "Yes, fortunately our stocks have been cleared."

Shinji Kikuno had never expected that Iraq would be so weak. The decent resistance lasted less than 10 days, which was simply a dimensionality reduction attack.

"That's right, who would have thought that we could win so easily this time."

Basically all military commentators believed that Iraq could hold out for at least one year.

Only when their weapons are out of ammunition will they choose to withdraw from Kuwait.

This is true even in the United States.

It can only be said that the changes brought about by informatization are beyond everyone's imagination.

Only a time traveler like Takeshita Masato can see everything clearly.

Time quietly came to February 2th,
This day is the first anniversary of the birthday of Masato Takeshita's daughter, Takeshita Satoshi.

Like China, Japan also has a similar ceremony of grasping the first month of the lunar calendar.

However, there are some differences between the two. In Japan's one-year-old ceremony, the baby has to carry a one-liter cake on his back.

Because one liter symbolizes longevity in Japan.

"Oh, a ruler? That's a great choice."

"Well, I hope my daughter can help her father in the future."

Izumi Sakai hopes that her daughter can grow up happily and become a social elite like her father.

"It's still early, let's talk about it later."

Masato Takeshita had a different idea. As long as his daughter did not commit a crime or act immorally, nothing else mattered.

Anyway, even if she is a prodigal, my property is enough for her to squander.

After finishing the one-year-old ceremony, Masato Takeshita waited for his daughter to fall asleep, then took his girlfriend to the living room.

"How's the song preparation going? When will it be available online?"

“It’s scheduled for April, and an animation OP is expected to be arranged.”

Being Company takes a very unconventional approach when it comes to publicity.

Take Izumi Sakai in her previous life as an example. She only appeared on TV three times to promote her songs.

More often than not, it is performed in the form of opening and ending songs for TV dramas, OP and ED for animations, and promotional songs for advertisements.

In the previous life, Conan's animation songs were basically monopolized by Being Company.

The Slam Dunk animation also has many songs from Being-style singers.

As a result, many irrelevant jokes have emerged.

For example, the song "Only Staring at You" sung by Daikoku Moki is about football, but it became the theme song of a basketball animation.

"It's pretty good. Audiences are really into it right now."

Masato Takeshita was not worried at all about Izumi Sakai.

Her songs are very suitable for the development of this era and also very suitable for Being.

She will definitely become a nationally famous music superstar and realize her childhood dream.

While Izumi Sakai is pursuing her life dream, Industrial Bank and others have also completed their acquisition goals.

I don’t know if it’s because there are too many people selling or if the banks are just too powerful.

There is basically no premium on Matsumoto Manufacturing's shares, which is very affordable.

"I was able to buy so many stocks. Now I can proceed to the next step."

Since the company went public, Masato Takeshita has finally regained control of more than half of Matsumoto Manufacturing's shares.

A sense of security arises naturally in my heart.

While eating the meat yourself, don’t forget to let your employees drink the soup too.

He went straight to Matsumoto Manufacturing and said to its president, Hiroaki Kobayashi, "The company is planning to repurchase a certain amount of stock. Please come up with a reasonable plan."

"We'll try to submit it to Tokyo Securities before Friday."

It is not enough to buy Matsumoto Manufacturing shares by yourself, the company must also do it, and then the shares can be rewarded to employees who have made contributions.

You can also learn from Huawei's virtual shares, keep the shares in the company, and then distribute dividends to employees every year.

"I understand, but the company's funds are limited at the moment."

"It's okay. Xinghai Investment can lend you a low-interest loan."

Why did Masato Takeshita establish the public-oriented Galaxy Capital?

On the one hand, there is the consideration of integrating social resources and improving the status of Xinghai Group.

On the other hand, it is also to allow Xinghai Group to have more funds available.

For example, Galaxy Investment can quickly resolve the current financial difficulties faced by Matsumoto Manufacturing.

"Yes, understand."

Since the president has already made arrangements, he naturally has to do it honestly.

Besides, he also felt that the market value of Matsumoto Manufacturing was a bit low, so he secretly bought some shares.

“Get it done sooner rather than later and the stock market will pick up.”

After the bursting of Japan's bubble economy, the stock market did not fall straight down, but instead underwent repeated adjustments.

For example, before the real estate collapse, the Nikkei index rebounded to a high of 3.3 points.

This time, the real estate market collapsed and the Nikkei stock market fell sharply, but it won’t be long before it returns to above 2.5 points.

Of course, even if it picks up, the overall trend is still downward. The lowest point next year may even drop below 1.5 points.

As for the lowest position of this round, it is below 1 points.

Compared with the high point of 3.8, it has fallen below the previous level.

"Yes, President!"

In addition to Matsumoto Manufacturing, major companies such as Sony and Panasonic also launched stock repurchase programs at the same time.

The Tokyo stock market, which had been devastating to the point of being devastating, finally began to recover and surged 5.7% that day.

However, this is just a flash in the pan and does not affect the overall situation at all.

There was nothing major happening at Matsumoto Manufacturing for the time being, so Masato Takeshita did not stay there for too long.

With the help of this stock market crash, he still has a lot of things to do, such as the debt-equity conversion of Xinghai Semiconductor.

Yes, the young man thought about it for a long time.

The final decision was to reduce the shareholding ratio of Toshiba, NEC and other companies in Xinghai Semiconductor by converting debt into equity.

This method is more easily accepted by everyone and will not cause much opposition.

The only disadvantage is that it requires a lot of capital.

But Masato Takeshita now has an extremely abundant cash flow and is least afraid of spending money.

However, for such a big thing, we still need to inform President Lou Gerstner before taking any action.

Show him some respect so there won't be any problems.

"President wants to increase the equity ratio by converting debt into shares? That's a very good idea."

"But I am worried that companies like NEC will follow suit and it would be better to just issue additional shares directly."

Compared with debt-based stocks, targeted share issuance is simpler and more crude, but the way it is done is a bit ugly.

"We will try debt-for-equity first. If Toshiba and other companies show signs of intervening, we will choose a private placement."

When the financial crisis breaks out, cash is king. So even the most confident companies will desperately accumulate cash to prevent the capital chain from breaking.

At such a critical moment, few companies would come up with large amounts of cash and follow Masato Takeshita in converting debt into equity.

Of course, we cannot avoid the emergence of crazy people or investment supermen.

Therefore, targeted share issuance will be used as a backup plan.

If someone chooses to follow the debt-to-equity conversion, Masato Takeshita will not be polite.

If Xinghai Group wants to grow bigger, it cannot give up this golden opportunity when everyone is in danger.

"Understand that a good reputation is indeed important."

Lou Gerstner also didn't want the company to be known for defrauding investors.

His previous proposals were more based on the interests of the Xinghai Group and at the same time demonstrated his own abilities.

"Well, yes, that's it."

Masato Takeshita nodded in approval and prepared to go to the bank immediately to buy back Xinghai Semiconductor's debt.

(End of this chapter)