Chapter 523: Turning the World Upside Down
According to Neon's "Rights Law", in principle, if you hold a 20% stake, you can bring an affiliated company under your own control.
Of course, the premise is that 20% of the shareholders are the largest shareholders. This principle was applied when Shirakawa Holdings acquired Fuji Heavy Industries.
At that time, Fuji Heavy Industries had many shareholders and its equity was dispersed. Shirakawa Holdings held 28% of the shares and was already the largest shareholder.
Then according to the law, Fuji Heavy Industries was officially incorporated into the Shirakawa Holdings group.
With the main group, Shirakawa Kaede could openly intervene in the management of Fuji Heavy Industries and change its name to Subaru Corporation.
Now the Sosoya-ya also wants to try the same trick, but because Shirakawa Holdings' shareholding in Shirakawa Electric has always exceeded the 50% limit, it is impossible to control the company.
But with a 20% stake, two or three board seats are secure.
As long as the General Association holds certain rights in the board seats, he can openly interfere in the operation of Shirakawa Electric.
Maybe the boss is not good at business management, but he is good at personnel struggle.
As long as there is a board seat, it may take a few years for Soujiya to take over Shirakawa Electric.
With such a beautiful vision, the General Association mobilized all its connections and divided its forces into two groups.
He contacted an important official within the Ministry of Finance and took the account records of past transactions to use both soft and hard tactics on the senior management of Dai-ichi Kangyo Bank.
Why does Soujou have such a big appetite, wanting to swallow up Shirakawa Electric?
In addition to its abundant funds, it also has strong political backing and the leverage over many financial institutions, which is why it dares to do so.
Japan's Yakuza have never been simply violent groups. They are almost always deeply tied to the financial and political circles.
It is because of such relationships that many organizations can survive for hundreds of years.
Because all the members of the general association were mobilized, the Yamaguchi-gumi and the Sumiyoshi-kai were the first to learn the news.
Neither party commented on the association's actions. Although they would provide security for the association's house, it was just business.
Besides, the Yamaguchi-gumi was busy dealing with the covert pressure from Sumitomo in Osaka, so it had no energy to care about the general association far away in Tokyo.
As for the Sumiyoshi-kai, it was more of a spectator. It wanted to see if the association could take over Shirakawa Electric.
If the other party succeeds, then Kitato Bank will be the next target of the Sumiyoshi-kai.
Sumiyoshi has a good understanding of industry and so on. Even if Shirakawa Electric gave it to him, it would not be able to handle the subsequent operation.
But Kitato Bank can do it. It is the bank that is behind Toyota Corporation. As for finance, Sumiyoshi is quite good at it.
So amid the undercurrent, actions surrounding Shirakawa Electric have been carried out silently.
So does Shirakawa Electric know that someone is dealing with it?
…
"Thank you for letting us know, Mr. Watanabe. Your information is very timely for us."
"Please rest assured, Mr. Shirakawa. Shirakawa Electric has always been the most proud investment of Dai-ichi Kangyo Bank. We will never plan to sell the stock."
The person who initially advocated for investing in Shirakawa Electric was Ichiro Watanabe. Even if the senior management had any ideas, they had to ask for his opinion first.
That's why Watanabe Ichiro made such a promise so confidently when facing Shirakawa Kaede.
"Of course, I never doubted the character of Watanabe-san.
And please rest assured that those small actions outside are under the control of Baichuan Holdings. "
"That's the best. Sigh, Japan's banking industry is getting more and more chaotic."
Watanabe Ichiro has a deep understanding of this. If this is the case inside Dai-ichi Kangyo Bank, one can imagine what is happening in other places.
Baichuan Feng did not offer any comfort for his sigh.
We are just getting started now. In two years, it will be like a turbulent sea.
The two said a few more words and then hung up the phone.
I didn't expect that the General Association would actually set its sights on the stocks held by Dai-ichi Kangyo Bank.
Tsk, it seems that he has quite big ambitions.
"Arai-san, how many shares of Shirakawa Electric do we still have?"
"Around 58%, there are also enough shares in circulation."
In the first half of the year, while the stock market was hitting rock bottom, Shirakawa Holdings quietly absorbed a lot of circulating shares.
There are already a lot of Shirakawa Electric's shares in the market, especially the general association is still buying them continuously.
"Just maintain our bottom line and don't worry about the rest."
"Hayi"
If the General Association only has these tricks in the market, then Baichuan Feng is not worried about the other party's tricks at all.
Do you really think that a violent group like this can accomplish the goal of swallowing an elephant?
What a joke, I haven't even made a move yet. I haven't even used any of my connections.
The reason why Baichuan Feng didn't rush to teach the General Association a lesson was that he wanted to solve the problem once and for all.
These underworld organizations hiding in the shadows would often hide away and lick their wounds immediately after being hit twice.
It would be very difficult to find them later, and Baichuan Feng didn't have time to play hide-and-seek with them.
Either don't take action, or if you do, you must leave the other party nowhere to escape.
Besides, the General Association House is not his ultimate goal. Baichuan Feng wants more...
Ding-a-ling…
Just as Baichuan Feng was deep in thought, the phone on the desk suddenly rang again.
“Moshimoshi?… So it’s Kobayashi-san…”
However, as he spoke, Baichuan Feng, who had originally been smiling, gradually turned cold.
"Excuse me, Mr. Kobayashi, is this the Ministry of Finance's intention or Mr. Hashimoto's?"
"Well, it's just a little advice from the Ministry of Finance's perspective." The voice in the receiver suddenly became hesitant.
"Kobayashi-san, the reason why Shirakawa Electric is called Shirakawa Electric is because its surname is Shirakawa! And it can only be Shirakawa!"
After saying that, Baichuan Feng hung up the phone with a "click".
"President Shirakawa, what just happened...?" Yu Arai next to him showed a curious look.
"A person who doesn't know his own weight." Baichuan Feng said with sarcasm in his eyes.
"Huh?"
"Kobayashi Toyoki"
"It's him" Arai Yu suddenly realized.
This person is the confidential secretary of the current Finance Minister Hashimoto, and Arai Hiroshi has met him before.
"So, the other party wants to...?" Arai Yu couldn't figure out why the other party called him.
"I didn't expect that the club had such a strong backing. It really impressed me once again."
Just now, Ichiro Watanabe informed him that the General Association was trying to acquire the Shirakawa Electric shares from Dai-ichi Kangyo Bank, which was enough to surprise him.
I didn't expect that the confidential secretary of the current Minister of Finance would come to act as a lobbyist. It was really surprising.
This clubhouse looks like the Yakuza, but the work it does is more like that of a political party.
After listening to Shirakawa Kaede's explanation, Arai Yu finally understood what had happened.
It turned out that Kobayashi Fengji had just called and asked Shirakawa Feng in a tentative tone.
Do you mind if Dai-ichi Kangyo Bank transfers its Shirakawa Electric shares to a company called Guanggu Co., Ltd.
Others don't know who is behind Guanggu Corporation, but Shirakawa Kaede doesn't know?
Now he has seen through all the details of the clubhouse. What Guanggu? Do you think that others won’t be able to recognize it after it has been covered with several layers of skin?
This Kobayashi-san is deliberately pretending to be confused even though he knows the truth.
When Shirakawa asked him whether this was the Ministry of Finance's intention or Hashimoto's intention, he stammered and was unable to speak.
He is another person who is blinded by greed and does not know his own place.
Not to mention Finance Minister Hashimoto, even the Ministry of Finance did not dare to speak to Shirakawa Kaede like that.
Do you really think that the hundreds of thousands of members under Shirakawa Holdings are just for show?
Shirakawa Holdings, which started out as an industrial company, cannot be shaken by one or two politicians.
"President Shirakawa, what if the Ministry of Finance is really behind this?"
Yu Arai thinks that it is better to consider the worst possible outcome first.
"What should we do?" Bai Chuanfeng turned his head and looked at him, chuckling, "Of course, we should change the Minister of Finance."
Arai Yu's body was shocked. This...
I don’t know if it was his illusion, but Arai Yu always felt that since the shareholders’ meeting half a month ago.
Baichuan Feng seems to have become more fierce, and his methods are more... in line with those of a chaebol leader.
"Alright~" Baichuan Feng stood up and stretched lazily, "Since someone can't hold back any longer, we can start taking action."
After saying that, he looked at Arai Yu, "Especially this Kobayashi-san, it's time for him to see what the power of the chaebol is."
Arai Yu stood up with a serious look on his face, "President Shirakawa, are you talking about the information we collected before?"
Shirakawa Feng nodded, "Let's find a chance to reveal the transaction between Fuji Bank and Second Bank."
This was an abnormal transaction that Kitato Bank accidentally discovered and it now comes in handy.
There are also business transactions between banks, such as loan business transfers, and this can even be packaged as a financial product and put on the market for trading.
What the Second Bank wanted to trade with Kitato Bank at that time were the loan-scaling projects operated by Nakamura Minoru of Fuji Bank.
Having learned the lesson of the tail-up incident, Kitato Bank is extra cautious in providing mortgage loans based on large deposits.
After checking, I found some surprising details.
However, Baichuan Feng did not take any action immediately. His intuition told him that he could take advantage of this matter.
Isn't this the same Mr. Kobayashi from before? Isn't he one of the people involved in this loan fraud?
It's a good opportunity to use it to scare the enemy, and by the way, the First Persuasion Bank might also have to take some action.
That’s right, this time Baichuan Feng is planning to create a big hole in Japan’s financial industry.
It's good to be in chaos. If there is no chaos, how can you fish in troubled waters?
This incident at the General Association House is a good opportunity.
Because they have close ties with the financial community, once this bomb is detonated.
The banking and securities industry, with it as its hub, will surely explode with big fireworks.
Kitato Bank, it’s time to move to the next level.
Originally, Baichuan Feng was planning to take it step by step, but after sorting out the relationships behind the scenes.
He let out a long sigh . It was almost impossible to plot quietly in this complicated network of interests.
In this case, let’s cut the Gordian knot and turn it upside down once and for all.
Starting from the second half of 1990, if relevant agencies launch an investigation.
Then the investigation period of half a year to a year coincides with the time of the real estate crash next year.
The explosion of two mines should be powerful enough.
In addition, news has been sent back from Ota that there will be a big gathering at the general meeting house next month.
Great, it all came together.
The bubble era is coming to an end, so let yourself be the first to burst it.
However, before making a hole, you have to put on several layers of armor first, otherwise it would be counterproductive to hurt yourself.
…
Chuo Ward, Tokyo District Public Prosecutors Office Special Investigation Department, today we welcomed a special guest.
That’s right, this guest is Shirakawa Kaede.
This place is known as "the most powerful prosecutorial agency in Japan". Well, this is his first time here.
