Chapter 544: A Gluttonous Feast
"Can't you take a break? I still have to read materials in the car~"
Hearing the slightly caring and reprimanding voice beside him, Baichuan Feng put down the information in his hand and smiled.
"I'm used to it. Everything has just come together lately."
With the coming of the Great Depression, Shirakawa Feng became increasingly busier.
Because a large number of companies went bankrupt or fell into business crisis, this was a feast for Baichuan Feng, who had a huge amount of cash.
"I know you are very busy, but you should always take good care of yourself. Be careful of myopia when reading materials in the car~"
Yuko Tanaka took the document from his hand and put it aside, no longer letting him continue to bury himself in a pile of information forms.
"Okay, I'll listen to Yuko." Baichuan Feng patted the back of her white hand and assured with a smile .
"Well~, be good." Although he is over thirty and heading for forty.
However, Yuko Tanaka still occasionally reveals a hint of playfulness, and this cuteness combined with her intellectual temperament has a unique flavor.
As if she felt that Shirakawa Kaede was staring at her, Tanaka Yuko turned her eyes away strangely.
"Hey, what's wrong?"
It was still the same pair of mini eyes, and the look in her eyes was still changing, either cute, or charming, or gentle.
As if he had found the memories of his college days, Baichuan Feng hugged her in his arms.
"Senior has already become a mother of four children in the blink of an eye~"
Hearing him call her "senior", Tanaka Yuko leaned her head on his shoulder, and memories flashed unconsciously in her eyes.
"Well, this is all because of a certain guy with bad intentions."
"Haha~" Baichuan Feng couldn't help laughing.
"Speaking of which, Qingkong is already eleven years old. This guy is just like you in the past, becoming more and more out of tune."
When it comes to children, Yuko Tanaka has a headache.
As he grows older, Xiao Qingkong becomes less and less of a worry.
The girl who sat at the same table with him would be made to cry three times a day by him.
Not only did the teachers at school come to visit, but even the Kuhara family came to see Shirakawa Kaede.
He went to apologize in person for this matter.
However, as long as it doesn't exceed a certain limit, Baichuan Feng doesn't want to restrict him too much.
As the heir to a chaebol, being naughty is much more reliable than being timid.
"Don't worry about the child. He's already in junior high school. He understands some things."
That being said, there is no mother who doesn't worry about her children.
What's more, besides Qingkong, he also has two twin brothers, and those two little guys are not easy to deal with either.
Because there were so many things to worry about, Yuko Tanaka simply gave up struggling and began to close her eyes and rest.
Looking at the person in his arms, who gradually calmed down, Baichuan Feng raised his gaze and turned to the window.
The streets are still bustling with people, and the ginkgo trees on both sides of the road are still standing there quietly.
The gentle sunlight passed through the branches and leaves, leaving spots of light on the car window and on Shirakawa Kaede's face, and then flashed by quickly.
The humming sound of the car's engine echoed faintly in his ears, and Baichuan Feng couldn't help but gradually immersed in his own thoughts.
In the blink of an eye, more than ten years have passed. Time flies.
The senior sister became a mother of four children, became a father herself, and built a huge family business.
Speaking of children, he has been thinking a lot recently.
Needless to say, after Ying Qing graduates, Baichuan Feng will send him to the Pioneer Navigator Investment Group in North America to gain experience for a few years.
After learning about foreign capital operations there, he returned to Neon to familiarize himself with Shirakawa Holdings.
Of course, China is also indispensable. North America, Japan, and China will be the main territories of the Shirakawa family in the future.
How can you make the most suitable decision for the group without experiencing it yourself and broadening your horizons?
As for his younger brothers, they will most likely assist him within the group in the future to maintain the prosperity of the family.
As for Yokohisa of Keiko Matsuzaka, Shirakawa Kaede has had some ideas recently.
Once you finish the work at hand, go and discuss it with her, and also with Xiao Huya.
Just as Baichuan Feng was thinking about a lot of things, the car slowly stopped.
"Shirakawa-san, we're here." Kojima in the front row reminded softly.
Shirakawa Kaede came back to his senses and nodded, then gently pushed Tanaka Yuko.
"Hey, are we there yet?" She opened her eyes dazedly, still a little confused about the situation.
"Hay, let's go." Baichuan Feng said as he got out of the car.
Today they came partly for business and partly for personal matters.
The so-called official business is related to an acquisition case, and private matters are also in response to the other party's requirements.
"Mr. Shirakawa, I am so sorry to trouble you to come all this way."
In front of a house, a white-haired old man greeted Baichuan Feng enthusiastically.
Especially after he saw Tanaka Yuko beside Shirakawa Kaede, his expression became even more excited.
"Mrs. Shirakawa , I am very grateful that you can come." The old man bowed formally.
"You are too polite, Mr. Wada. It is we who are bothering you."
"Oh, this is a very rude thing to say. When I saw Mrs. Shirakawa, I couldn't help but think of my mother."
The old man in front of me is named Kazuo Wada, and his mother is Kazuo Wada.
The name alone doesn't seem to be a big deal, but many people have heard of their family's company, Yaohan.
As an international department store chain with branches all over Japan and in fifteen countries around the world.
Yaohan can be considered a large supermarket chain, but what it is perhaps more famous for is the widely known rumor.
As the founder of Yaohan, Kazuo Wada's mother, Kazuo Wada, has always been considered the prototype of the TV series "Oshin".
Although she herself has never admitted it, this has almost become a consensus among the people.
Especially since Kazuo Wada passed away last year, when Kazuo Wada saw the actor who once played Oshin, he couldn't help but be moved.
Regarding Kazuo Wada's sad look, Yuko Tanaka generously said it was okay.
No matter what, the roles she played in the past are still deeply rooted in people's hearts today, which is also a kind of affirmation for her.
After the two sides greeted each other and entered the house, Kazuo Wada mostly talked about his mother's past.
As for today's official business, he rarely mentioned it, as if in his eyes this was the real business.
But after reminiscing for a while, he sighed and stopped his chattering.
"I'm sure if mother knew, she wouldn't blame me. In that case, Yaohan is left to you."
After saying this, Kazuo Wada bowed again, and with just a few words, the ownership of Yaohan was decided.
Baichuan Feng originally thought that there would be more negotiations, but he didn't expect that this would be the end.
Originally, he didn't need to show up in person for such an acquisition, but the reason he came here today was to respond to the other party's request.
When the Shirakawa Holdings team came to him, Kazuo Wada just said that he hoped to talk to Shirakawa Kaede in person, and it would be best if he could visit Shirakawa Kaede and his wife in person.
Upon learning the news, Shirakawa Kaede took Tanaka Yuko to visit him.
So what happened before our eyes was that the negotiation was fake, but the reminiscing seemed real.
Baichuan Feng, who had come to his senses, also hurriedly returned the greeting, "Excuse me, how much are you going to pay for Yaohan, Mr. Wada?"
Although the other party agreed to sell Yaohan to Shirakawa Holdings, it seems that the price has not yet been negotiated.
"Let's just follow your original offer~" Kazuo Wada waved his hand a little disappointedly, and didn't bother too much about the price.
The price offered by Baichuan Holdings at the beginning was actually very reasonable, and there was no need for either party to waste further words.
Considering the current situation of Yaohan, it is obviously impossible to sell it at a high price.
Due to its rapid expansion and the impact of the bubble burst, Yaohan also fell into a business crisis.
In particular, the relationship between it and the main bank is not good, so it cannot get much loan even if it wants to.
The struggling Yaohan can only go to the stock market to issue additional shares to raise funds, but the current stock market... is hard to describe at a glance~
As a result, Yaohan, which was unable to make ends meet, finally had to go bankrupt and liquidate.
According to rough estimates, the other party's debt is more than 110 billion yen, and its market value is roughly in this range or even a little less.
Shirakawa Holdings' asking price is 20 billion yen, and its main attractive features are its retail channels and stores.
Shirakawa Holdings also has retail businesses like Bailu Mall. Although its scale is not very good, if combined with Yaohan, it can barely rank among the top in Neon.
This consideration is the original intention of Shirakawa Holdings to acquire Yaohan.
Now, after just a simple meeting, he easily won over Yaohan.
Tsk, the neon lights after the bubble burst are indeed a feast for some people.
Because of its large amount of funds, Baichuan Holdings also joined this feast.
Of course, the ones who took advantage of the opportunity to rob were Wall Street capitalists, who are real vultures.
Since Shirakawa Holdings' base is in Japan, its profiteering will not be too ugly.
But those vultures don't care about that. They will use any means to get the high-quality assets they see.
There are many ways to do this, including threats, creating scandals, and even putting pressure on the US government.
Recently, Baichuan Holdings has competed with them several times, but Baichuan Feng is not afraid of the so-called American father.
This is our home ground, why are we afraid of them?
Besides, competing with others is fun. On the one hand, it can train your own team, and on the other hand, it can demonstrate your strength to your peers.
Selling it to foreigners is not as good as selling it to our own people, right?
Shirakawa Feng, who turned into a devil, and his colleagues talked about patriotism. The moon is brighter in the hometown, and the people are closer in the hometown~
It turns out that this trick is quite effective after Baichuan Feng put a lot of effort into it.
Shirakawa Holdings purchased Mitsubishi Bank's real estate non-performing loans worth 12.5 billion yen for 10% of the book price.
Then, it purchased 1,200 apartments with a book value of 35 billion yen from a real estate developer at one-third of the price.
In terms of financial products, Shirakawa Nagatoshi Bank purchased Sakura Bank's real estate non-performing bonds with a book value of 400 billion yen for 60 billion yen.
In just less than a year, Shirakawa Holdings purchased more than 700 billion yuan in non-performing real estate bonds and more than 500 billion yuan in corporate loans.
However, the actual funds he paid out were only one-fifth or even one-tenth of its book value.
It’s a huge profit. It’s really a huge profit.
No wonder Goldman Sachs and Morgan Stanley rushed towards the neon lights behind the bubble like sharks smelling blood.
Who can resist the possibility of several or ten times the profit? Even Bai Chuanfeng couldn't resist.
Of course, in addition to the real estate and financial industries, many industrial companies have also encountered operational difficulties in selling off their non-performing assets.
