In Tokyo, even the most fierce dragon is afraid of the hatchet

"Haha, actually Sakurako isn't that powerful. As a girl, do you think there will be any obstacles for me to inherit those things smoothly? Besides, Sanhe is different from Mitsui, Mitsubishi, Sumitomo, and Yasuda. To be honest, it can only be regarded as a club alliance."

"..."

The aroma of tea is in the air, and the dust and smoke are lingering.

Sakurako Ikeda recounted the past and present of each of the major financial groups.

After the war, Mitsui, Mitsubishi, and Sumitomo Yasuda were forced to split up at the request of the Allies and had to sell their family holdings to the public.

But for a long time, a considerable portion of corporate cross-holdings themselves are directly the "legacy" of the chaebols.

As chaebols rely mainly on self-financing, are relatively short of capital and have to maintain control, there is already a large amount of cross-holding among the companies under their control.

Take the equity structure of Sumitomo's main enterprises at the time of dissolution as an example: in addition to the Sumitomo family and Sumitomo Headquarters holding 11.3% and 24.1% of the shares respectively, other Sumitomo companies held 16.7%, thus maintaining a total of 52.1% of the controlling stake.

Sumitomo Trust Bank's main shareholder is Sumitomo Bank, while the Sumitomo family, Sumitomo Headquarters and other Sumitomo companies are small shareholders, holding a total of 45%. Sumitomo Metal Mining, Sumitomo's original industry and core enterprise, has a relatively tight control over its equity, with the family directly holding 53.4%, followed by Sumitomo Headquarters holding 26.6%, and Sumitomo Bank and other Sumitomo companies holding a total of 100%, which is completely owned by the chaebol itself.

The result of dissolving the chaebols was simply to turn the two concentrated shareholders, the Sumitomo family and Sumitomo Headquarters, into dispersed public shareholders, but it did not involve the shares held by each other among the subordinate companies.

The public can hold a large number of shares in a short period of time, but due to their limited background, they find it difficult to learn to become shareholders of a company in a short period of time.

Moreover, ordinary people were extremely poor after the war, so after the Tokyo Stock Exchange reopened in 1949, people flocked to sell their stocks, providing a sufficient supply of stocks for companies to increase corporate shareholdings.

In this context, the social and cultural heritage of "brothers and sisters should help each other when their parents pass away" and the emotional elements of corporate managers have formed a new type of conglomerate structure with mutual shareholdings among corporate entities and a stable shareholder system.

But this is just the consortium structure of Mitsui, Mitsubishi, and Sumitomo.

The predecessor of Sanwa was just a few small banks in Osaka. Because the relationship between the Ministry of Finance and the Governor of the Central Bank, Ichimanda Naoto, was very delicate at that time, and the pro-American forces were suppressing the local national revival, the representative of the samurai Mito Tokugawa seized the opportunity.

Relying on its long-standing foundation and reputation, it used part of its funds to merge three small banks in Osaka to form Sanwa Bank.

But Sanwa was still very weak at that time. Mito Tokugawa formed a strong alliance with the Ikeda family and supported the development of Osaka enterprises with Sanwa Bank as the core, which led to the current Sanwa Group.

However, Mitsubishi, Mitsui and Sumitomo inherited the legacy of the zaibatsu and are truly "a group".

The fact that their main core enterprises share the same "business name" that has been passed down for hundreds of years from the former chaebol is a major source of advantage that the new bank-centered group cannot match.

New chaebols such as Sanwa and Dai-ichi Kangyo were mainly united by the huge bank financing at their center. They were more like "mutual aid associations" or "clubs" than "groups."

Just like Hitachi, Ltd. has joined the Furong, Sanwa and Dai-ichi Kangyo Bank groups at the same time and is not restricted by any consortium, while Toshiba is completely under the Mitsui Group. This is a fundamental difference.

Seriously speaking, the old consortium is a group company controlled by three major families, while the new consortium is just a friendly relationship with the purpose of utilizing more resources.

Therefore, Mito Tokugawa had no organizational ability and was unable to control the consortium's affiliated companies. And because Ikeda Sakurako had too little time to grow, she was directly sidelined and only controlled one company.

After hearing these secrets that ordinary people cannot access, Nagano Nao digested them for a long time and said with excitement: "So, you can only control Hankyu now?"

"Hypocritical guy, now that you're excited, just laugh if you want to!" Sakurako Ikeda said unhappily. She was exhausted but this guy was happy, it was really hateful.

Nagano Nao laughed dryly and said, "I'm just glad that I'm not working for you."

"If you work for me, I will whip you every day."

"Ha... Does that mean you have no right to interfere with Japanese life insurance?"

"The reason why Japan's Ikuho belongs to Sanwa is because Sanwa has no chance to control it. It was Ida Yoko that old fox who asked you to come to Osaka because he wanted to control Sanwa through me."

"No wonder you said the other day that I would go to Osaka Asset Management. It's just that he thinks too highly of me. You are so smart and it's great that I am not controlled by you."

Ikeda Sakurako couldn't help laughing, and said with a strange look in her bright eyes: "Straight man, do you know why you are the cutest boy?"

"fool?"

"Of course not. I learned Chinese characters at the age of three, and started learning Chinese history at the age of five. If I couldn't memorize it, I would be beaten. At the age of seven, I started learning to read people's expressions. If I couldn't guess their intentions, I would kneel for four hours. I started learning martial arts at the age of ten. I had to practice judo, kendo, and control techniques for four hours every day. If I didn't reach a certain level, I would be punished."

"..."

"I started learning political tactics at the age of eleven. If I couldn't answer the questions, I wasn't allowed to eat."

"Thirteen years old..."

"..."

Chapter 125 National Justice

"I still remember that in 1945, Reagan was elected as the President of the United States. The content of the exam was what impact it would have on the political situation and the economy."

"I only said that the Democratic Party has always been the core of emerging industries and financial consortiums, and Japanese manufacturing may be suppressed in the financial sector. Therefore, I was punished with thirty rulers."

"In 1949, the Cold War situation escalated. My answer was that Japan belonged to the Western camp and shared the same interests, so I was not allowed to eat. It was not until three days later that I understood what the way of the vertical and horizontal alliance was from Guigu Zongheng..."

"..."

Learning Chinese characters at the age of three?

Memorizing history at the age of seven?

Learning about power struggles in primary school?

Oh shit! !

This is too curly!!

With such a strong background and working so hard, how can we ordinary people survive?

Nagano Nao wanted to curse at first, but then he found that the pair of bright eyes were calm, as if they were telling a story that had nothing to do with him.

Even if Sakurako Ikeda didn't say how she felt, one can still imagine what her childhood was like.

While other children were still acting like spoiled brats in front of their parents when she just learned to talk and walk, she was already reciting boring books over and over again.

While others were playing with their friends, she was repeating the same action with a knife over and over again. Others were free after school, but she had to go back to study political tactics and complete the political tactics exams and political assessments assigned by adults.

There is nothing wrong with learning Chinese characters at the age of three.

There's nothing wrong with learning to read people's expressions at the age of seven.

But the punishment often involves beatings or even kneeling for eight hours. I'm afraid few boys can bear it.

However, because of this, Nagano Nao had a big question in his mind.

Japanese social culture is very similar to Confucius' restoration of Zhou rituals, with Heaven, Earth, Emperor, Parents and Teachers as the primary primogeniture, eldest son inheriting the throne, men being superior to women and so on.

Of course, things are not so rigid when it comes to inheritance. After all, the eldest son may be a waste, so it is not uncommon for girls to have inheritance rights.

However, the training methods for boys and girls are completely different. Often the eldest son is born as the crown prince, and the adults will teach him personally and train him directly as the heir.

The second son, born out of wedlock, will be miserable.

You may have to work in junior high school. There is basically no teaching or resources. How you can get by depends entirely on the suppression of your self-esteem and personal abilities. Many second sons who want to stand up can only get married and find resources.

Girls are much happier.

I have been spoiled since childhood. I am afraid that it will melt if I hold it in my mouth, and I am afraid that it will fall if I hold it in my hands.

Just like Yuki Nagano, she is still very naive and innocent in her twenties, and she has never been allowed to come into contact with any dark things since she was a child.

Girls!

It is natural to be raised by someone. In the future, you can find a capable son-in-law to be your adopted son. He also has half the family blood, so there is no difference.

As long as you dress up nicely and know how to act coquettishly, there are many men who like you.

Therefore, although Japanese society discriminates against girls, it does not favor boys over girls. As long as a daughter is beautiful, she is better than a useless son in inheriting the family name.

Just like the Kishi Nobu family, after choosing many people, they finally chose Kintaro Abe to be their son-in-law, and their grandson would inherit the Kishi Nobu family name with the surname Kishi Nobu.

But it is obvious that Sakurako Ikeda was raised as the eldest son.

Thinking of how tired she looked when she rode on me that day, I felt a sudden pity for her.

She is so pretty, so she should just focus on her appearance. Why do you force her like this?

As if sensing what Nagano was thinking, Ikeda Sakurako smiled and said, "Nao, are you feeling sorry for me?"

"The little nun was only 28 years old, and her master shaved her hair in her prime. I am a girl, not a man, so why do I have to wear a yellow belt around my waist and a straight robe? When I saw couples dressed in brocade, I couldn't help but get anxious, and I tore my robe to pieces!"

"What's that word?"

"The Sea of ​​Sin!"

"good words!"

"Is it because of the Mito Tokugawa family?"

"Well, due to some special reasons, the Mito family cannot adopt a child."

Ikeda Sakurako was obviously unwilling to talk more about the Mito family.

All along, Nagano Nao had never really understood why Ikeda-kun was Ikeda-kun.

And now, he finally understood a little.

Knowing that it was inconvenient to ask more questions, Nagano Nao said with gratitude: "Although I don't know why you helped me, thank you so much!"

"Idiot! Do you think the Roppongi incident was just to help you get promoted?" Ikeda Sakurako said as if she was looking at a fool.

Nagano Nao was stunned: "Isn't it?"

"Of course not, Sakurako is an emotionless killer." Ikeda Sakurako said proudly, with a rare kind of mischief.

Nagano Nao's face fell: "Please don't be so immature, please."

"Fool! Don't you understand such a simple thing? In ancient times, those who were good at using the world would measure the power of the world and understand the feelings of the princes. Because human hearts are lamentable and can be used. And Xunzi also said that water can carry a boat, but it can also overturn it."

"and then?"

Ikeda Sakurako didn't say anything, but turned the chessboard over.

The boundary between Chu and Han.

Obviously it is still Chinese chess.

Nao Nagano didn't know why Sakurako Ikeda didn't play Japanese shogi but loved Chinese chess and Go, but she knew that this guy wanted to teach her a lesson, so she obediently put away the Go on the table and took out the chess from underneath.

He took the black chess pieces and handed the red chess pieces to Ikeda. After the chess pieces were placed, Nagano Nao made a gesture of invitation.

There was a very strange look in Ikeda Sakurako's eyes. There were not many people in Japan who could play Chinese chess, but the last time Nagano Nao played against her, his level was surprisingly acceptable.

This guy, how could he have changed so much!

Obviously I didn’t know that before!

But this guy is getting cuter and cuter, and he even knows how to respect his teachers.

With a small sense of satisfaction, Sakurako Ikeda put aside all distractions and started playing seriously.