Chapter 480 Idiot
Is Nomura Securities’ stock going to rise?
Seeing Sumitomo Tsutomu's confident look, Kitagawa was stunned again.
"Mr. Sumitomo, you didn't believe the crazy talk of that witch just now, did you?"
As a financial practitioner, Hiroshi Kitagawa is an absolute materialist.
Praying to a deity to decide which stock to buy? Are you kidding?
Instead of doing this, it would be more reliable for several financial institutions to sit together and conspire to go long on a certain stock.
Faced with his surprise, Sumitomo Tsutomu just smiled indifferently.
"Kitagawa-san, the mother-in-law sitting outside is actually named Onoue Hiu. She graduated from a private high school and was a hostess.
However, the magical thing is that whichever stock she points to will skyrocket the next day.
It is rumored that the witch Onoue can communicate with the gods and obtain oracles from toads.
Because of her great reputation, many bank presidents and credit company executives came to her and became her guests of honor.
Over time, such gatherings have been respectfully referred to as 'sewing meetings' by people in the industry."
As the words fell, the expression of Beichuan Yang, who was sitting opposite him, became more and more incredible.
"Sumitomo-san, this...isn't this too absurd?"
Although there are various legends to support this, Kitagawa Hiroshi still has great doubts about the so-called Onoue witch.
Graduates from higher private schools in the 1920s and 1930s, isn’t that just elementary school?
Can a woman who only graduated from elementary school understand the changes in the stock market better than the presidents who specialize in the financial industry?
Seeing Kitagawa Hiro’s frown, Sumitomo Mu laughed again.
"Kitagawa-san, you want to ask me if I believe the prediction made by the witch Onoue. To be honest, I do believe it too."
Kitagawa Hiroshi's eyes widened, as if he had gotten to know Sumitomo Mu all over again.
However, the latter did not take it seriously and instead explained slowly and calmly.
"But if you knew the details, Mr. Kitagawa, you wouldn't be surprised."
"Sumitomo-san..." Kitagawa Hiroshi became even more confused.
"Does Beichuan know how much money those people sitting outside can mobilize?"
Sumitomo Mu looked at the hall outside the box, which was in a frenzy of atmosphere, with a dazed look in his eyes.
"The heads of these banks and credit companies will definitely use huge amounts of money to buy Nomura Securities shares tomorrow.
Any one of them can decide where tens or hundreds of billions of yen go.
Mr. Kitagawa, how can Nomura Securities' stock not rise when these people add up hundreds of billions or even trillions of yen to the stock market in a targeted manner?"
Sumitomo Mu's explanation made Kitagawa Hiroshi look enlightened, but at the same time he did not know whether to laugh or cry.
So was it that the oracle of the witch Onoue was effective, or that these guests had incredible financial resources?
And how did the reputation of Onoue the witch spread in the first place?
At that time, there would definitely not be the guests of honor like today, following her and fighting in the stock market, right?
"Onoe Sou's fame really spread on the eve of the Plaza Accord."
As if knowing what Kitagawa Hiroshi was thinking, Sumitomo Mu added another sentence.
When he heard the words "Plaza Accord", the mystery in Kitagawa Hiroshi's heart was finally solved.
On the eve of the Plaza Accord, Onoue had assured the drinkers here that certain stocks would rise.
And after that, things turned out just as Oogami had said, and the several stocks she pointed out did rise significantly.
In fact, at that time, due to the appreciation of the Japanese yen, Japan's stock market had already risen.
However, the Japanese are superstitious, and Onoue Feng claimed with certainty that he had received revelations from God.
So her behavior really scared some people.
Then, people who were skeptical asked her to predict the stock market again.
Ooue Feng was not vague and casually mentioned a few stocks. The next day, these stocks all rose without exception.
If it was a coincidence once, it can't be a coincidence twice, right?
With this mentality, more and more people came to the "Huichuang" izakaya to ask Onoue which stocks to buy.
Taking advantage of the appreciation of the Japanese yen and the collective surge in the Japanese stock market, what Oue no Hikaru said was bound to come true.
As a result, more and more people came here to seek advice from Onoue, and those who asked Onoue for oracles were no longer ordinary drinkers, but current corporate presidents and senior executives.
Seeing the opportunity, Oue Hi also knew how to package herself. She renovated the izakaya and set aside a unique platform for her meditation place.
At the same time, her stock predictions were no longer made casually, but she found a golden toad statue to serve as a medium for communicating with the gods.
And Onoue changed the daily meetings to once a week and refused to disclose inside information.
Simply put, this set of gameplay increases the sense of ceremony and raises the threshold for entry.
With these changes, the presidents became more convinced of Onoue Feng, and even some management of Industrial Bank were sitting outside.
As the quality of the guests became higher and higher, after each of Onoue's predictions, a large amount of money would surely own the stock market the next day.
Therefore, even stocks that would not have risen originally would suddenly run wild because of such a collective charge.
This is the so-called oracle of the Onoue witch. Is it ironic? Is it magical?
With the flattery of many fans, the Emperor's New Clothes seemed to be showing signs of becoming reality.
After listening to Sumitomo Mu's explanation, Kitagawa Hiroshi understood everything but was also a little curious.
"Mr. Sumitomo, since you understand all these things, why are you still..." Kitagawa Hiroshi looked at the extremely magical scene outside the box and was a little confused.
Sumitomo chuckled, "Kitagawa-san, do you feel a special power here?"
"Special power?"
"Yes, that is the power of money, or the desire for wealth."
Sumitomo Tsutomu turned his gaze to the outside, with a look of fascination in his eyes.
"The power of desire is really strong. Isn't it incredible that a bank head who is always rational and calm can become a believer of an old lady who has just graduated from elementary school?
What is even more incredible is that under this illusion, Onoue Witch can mobilize funds up to nearly 1 trillion yen."
"How much?" Beichuan Yang stood up in shock.
"One trillion yen~" Sumitomo Takashi smiled happily.
"She... where did she get so much money?" Beichuan Yang was dumbfounded.
"Loan" Sumitomo uttered the word softly.
Seeing that Kitagawa Hiroshi was still a little confused, Sumitomo Mu explained further.
“These loans came from major banks, including Fuji, Bond Credit Bank, Kadomaru Securities, and Yamaichi Securities.
Oh, by the way, Osaka Industrial Bank also loaned her several hundred billion yen.
Look, there are employees of Osaka Industrial Bank outside the box, and they are even rushing to clean up for the witch Onoue."
If Beichuan Yang's expression just now was shock, then now he was angry and embarrassed.
As a general manager of Industrial Bank, he didn't even know that his colleagues in Kansai were so bold as to lend hundreds of billions of yen to an old lady.
What's even more embarrassing is that they have become the guests of honor here and are even rushing to clean for others?
They are almost bringing shame to Industrial Bank!
Swish~, the angry Beichuan Yang stood up subconsciously and wanted to walk out the door.
"Kitagawa-san~"
As Kitagawa Hiroshi walked to the door, he heard Sumitomo Mu's voice behind him.
Sumitomo Mu, who was holding the wine glass, took a sip of sake and then spoke slowly.
"Thank you for your inquiry about Fuji Heavy Industries, but Sumitomo has no plans to hold shares for the time being, so please forgive me."
Beichuan Yang, standing at the door, opened his mouth and wanted to say something.
However, seeing Sumitomo Tsutomu's indifferent expression, Kitagawa Hiroshi bowed slightly and left the box.
After a while, there was another commotion in the hall outside, accompanied by several quarrels.
Sumitomo Tsutomu smiled disdainfully, the people at Industrial Bank are really a bunch of idiots.
It even worships fortune tellers and prays to gods, and buys stocks based on oracles. It really doesn't live up to its background as a state-owned bank.
With such a messy and weird management model of Xinye Bank, you still want to convince Sumitomo to snatch food from Fuji Group?
Although Sumitomo Bank and Fuji Bank are fighting fiercely, this does not mean that the Sumitomo Zaibatsu will have a large-scale feud with the Fuji Group.
Competition among large conglomerates has always been restrained and cautious, and their marketing techniques and business promotion methods can compete fiercely with each other.
However, if the Sumitomo Zaibatsu acquires Fuji Heavy Industries on the basis of competition between their banks, it would mean that the conflict has escalated.
This not only does not meet Sumitomo's expectations, but Sumitomo will also receive a warning from Keidanren.
Sumitomo Mutsugu .
Besides, Sumitomo is seeking to acquire a controlling stake in Mazda recently. Compared with Fuji Heavy Industries, Mazda's broad sales and brand awareness are undoubtedly more worthy of Sumitomo's investment.
Although Fuji Heavy Industries has a good reputation, it is still too niche after all.
The global sales volume for the whole year is less than 800,000 units, which is several times less than that of Toyota and Nissan.
Even if the Sumitomo Zaibatsu wanted to expand into the automotive industry, it would not choose a niche brand like Fuji Heavy Industries.
Toyota, Nissan and Honda are already owned by someone else, so Mazda is the next best choice.
In addition, when Mazda encountered its first business crisis in the 1970s, Sumitomo Bank provided strong support.
At that time, the Sumitomo Zaibatsu took advantage of the opportunity and actually held some shares of Mazda.
However, due to its small shareholding ratio, Sumitomo did not have a dominant position.
Therefore, in the past two years, as Mazda has implemented its expansion policy again, Sumitomo Bank has once again fully supported Mazda.
All these actions are aimed at achieving complete control of Mazda.
Therefore, faced with Fuji Heavy Industries, which was offered to them, Sumitomo Corporation considered it over and over again and finally declined Kitagawa Hiroshi's invitation.
After drinking two glasses of sake alone, Sumitomo Mu adjusted the hem of his suit, then stood up and left the box leisurely.
"Sumitomo-san, remember to come again next time~" Onoue Feng's attentive voice came from far behind.
Sumitomo Mu waved his hand without even turning his head, got into the car and left.
He did not come to Huichuan Restaurant to ask for oracles from the so-called Onoue witch.
He just wanted to sit quietly in the box and watch a group of so-called big shots outside exposing their ugly behavior driven by desire.
Whenever he saw the fanatical scene, Sumitomo Mu would remind himself in his heart.
Look, once you lose your reason in the face of desire.
Those so-called great men, those who are praised by the world for their resourcefulness, will all become prisoners of desire.
Sumitomo Tsutomu, who was resting with his eyes closed in the back seat of the car, had a slight smile on his face, not knowing how long this madness would last.
In fact, there was one thing he didn't tell Kitagawa Hiroshi. Sumitomo Bank also lent Onoue Hiroshi several billion yen.
But the prerequisite is that Onoue bought securities worth tens of billions of yen from Sumitomo Bank.
The world is full of foolishness, and all vanity is entangled ~
