Chapter 1076 Masashi Hasegawa (today’s chapter)
For Yoshiko Nakajima, although she lost her position as CEO of Miller, she became the vice president of the largest record company in Japan and was responsible for management Director of the artist management department for more than 500 artists.
Although his status seems to have declined a bit, his power has not declined, and has even exceeded it.
After all, iBex is the largest artist management company in Japan, and it is spread across Greater China and mainstream countries in Southeast Asia.
In addition, the big boss gave an extra part of the bonus to appease her, so she quickly accepted it.
After more than two years, she also knew that she was not the material to be the CEO of an entertainment company.
It would be nice to go back to my old job.
And there are wider channels and space for selecting lovers for the big boss.
As long as she can catch the big boss, she will never have to worry about not making money.
……
Time flies to the next day.
When Xu Liang woke up from his sleep in the morning, his tentacles were soft and he scratched subconsciously.
Turning around to look at the mermaid lying on the bed, her mind couldn't help but recall the ridiculous scene last night.
Boss Xu had a great time last night and was very happy.
According to his years of experience, it is no surprise that she is pregnant again.
After lying on the bed and briefly reflecting on it, Xu Liang moved away the pink arms and legs that were pressing on him, got out of bed lightly, and picked up the sheets folded next to him.
After specially spraying the fixative, the two plum blossoms are still bright.
Take it to the study room, write down the numbers 22 and 23 with a pen, and put it in the safe next to it.
Change your clothes and practice martial arts step by step.
While having breakfast, Fukuda Xinmei got up.
Having long been accustomed to Boss Xu's size and ability, she now has red lips and white teeth, radiant face and full of energy.
Obviously greatly nourished.
“You haven’t gotten up yet?”
Xu Liang asked.
“I’m up, but I can’t walk yet.”
Futian Xinmei, who has been there, knows very well the consequences of having the sewer opened by Boss Xu.
"You can ask the kitchen to make some qi and blood supplements for them later."
"Don't worry."
After making arrangements at home, Xu Liang had breakfast Came to Hanhua Tokyo office again.
"President, our approval for the acquisition of MUJI has been blocked by the Ministry of Economy, Trade and Industry." Kawashima Makoto said respectfully.
"What did they say?"
"They just said that they are still going through the process and let us wait for news."
"It seems that someone is not letting us make the acquisition comfortably."
< br>"How about we find someone to help?"
Xu Liang waved his hand, "No, before the Seibu Group's acquisition is settled, whether it is MUJI or Yoshinoya, There will be no results.
It's no use looking for anyone.
Withdraw all those negotiating. "
"Hi. "
"Go and do your work. ”
After Kawashima Makoto saluted respectfully, he turned and left the office.
Not long after watching him leave, Li Jinling walked in.
"Mr. Xu, Masashi Hasegawa, the president of Ruihui Securities, has arrived and has been arranged in the reception room."
Xu Liang nodded, stood up, straightened his clothes, and walked out.
Come to the reception room.
Pushing the door open and walking in, your eyes quickly focused on an old man with gray hair who looked to be in his sixties.
The other person has a unique Japanese temperament, and there is cunning hidden behind his humble smile.
"Xu Jun, it is my honor to meet you."
"Mr. Hasegawa, please take a seat."
"Thank you."
Both parties sat down next to the sofa.
Their respective secretaries also sat aside.
“Xu Jun is our most outstanding financial genius in Asia. Ruihui has always wanted to cooperate with you, and now I finally have the opportunity.”
“I have always wanted to cooperate with you. Ruihui cooperates, but judging from the progress of the negotiations between Muji and Yoshinoya, the cooperation between us is not ideal.”
“Xu Jun, Japanese businessmen are cautious. We will take every business seriously so that both parties in the transaction can get what they want.
In your words, it is a win-win situation.
But this inevitably leads to a slow negotiation process.
So, we did not deliberately embarrass Xu Jun, but Rui Hui has always done this. "
Xu Liang: "Maybe, but this also shows that we are not suitable for cooperation.
Different ideas will amplify conflicts with each other.
I personally respect Ruihui very much. You are not only the leading financial group in Japan, but also one of the largest financial institutions in the world.
Therefore, we do not want to cause misunderstandings between each other.
Based on this consideration, we are ready to give up the acquisition of Yoshinoya.
If MUJI’s acquisition never passes the Ministry of Economy, Trade and Industry’s review, we will give up the acquisition and we will pay liquidated damages in accordance with the contract. ”
The aggressive attitude and full-scale attack made Masashi Hasegawa change his color slightly.
Considering the age of the other party, this kind of offensive negotiation became understandable again.
"Xu Jun, large-scale negotiations will always encounter various problems. If you give up when you encounter problems, I am afraid it will also affect your reputation.
I believe that no party will follow the negotiation to the middle stage and encounter problems. Companies that have given up on mergers and acquisitions have given up on some difficulties. "
"Mr. Hasegawa, please make something clear.
We have been negotiating with you for half a year, and 90% of the time for mergers and acquisitions in the world. It’s all shorter than this time.”
“Xu Jun, if you want to acquire Muji and Yoshinoya quickly, it’s actually very simple.”
"Oh?"
"Muji and Yoshinoya are both industries under the Seibu Group. As long as you are willing to acquire the Seibu Group, these two companies will naturally be yours."
Xu Liangmian There was sarcasm on the top.
"Mr. Hasegawa, do you think I am a fool?
The Seibu Group has more than 24 billion US dollars in debt and is insolvent. I bought it? Am I a fool?"< br>
"Xu Jun, although Seibu Group has high liabilities, its assets are as high as 60 billion US dollars. It is not insolvent. The reason for its operational difficulties is only caused by Yoshiaki Tsutsumi's arrogance and management errors.
If it were an elite genius like Xu Jun, a world-class financial tycoon, I believe you would be able to turn around the Seibu Group's unfavorable situation very quickly."
"Thank you, Mr. Hasegawa, for your attention. To be honest. To be honest, I can't do anything about the operations of the Seibu Group.
In business operations, assets that can make money are assets, and assets that cannot make money are liabilities. More than half of the assets of the Seibu Group are loss-making ski resorts. Golf courses, given the current environment of Japan's tourism and consumption industry, no matter how much money I spend, it is impossible for Seibu to turn a profit.
And of Seibu’s so-called $60 billion in assets, how much are real assets and how much are virtual assets? "
"Xu Jun, Mizue is Seibu's main creditor. We can bring all Seibu's creditors together and discuss a debt restructuring plan acceptable to both parties..."
Xu Liang waved his hand and interrupted him.
“I’m sorry, Mr. Hasegawa, I’m afraid I misunderstood you somewhere before. Now let me reiterate again, I have no interest in acquiring Seibu Group.
I am only interested in Muji and Yoshinoya. If you are sincere in selling, I will be happy to take over.
If you are not sincere, then the transaction will not be done in good faith, and we will have many opportunities for cooperation in the future. "
"Xu Jun..."
Xu Liang stood up, "Mr. Hasegawa, I have said everything that needs to be said. It is almost noon now, and I have asked the following to get ready. Lunch, please. "
Hasegawa Masashi stood up slowly.
"There is no need to eat. I still sincerely hope that Xu Jun will seriously consider me and consider Ruihui's conditions.
Cooperating with Ruihui will also be of great benefit to Xu Jun's career development in Japan.
We can easily help Xu Jun solve the problem of MUJI transaction being stuck. "
After the meaningful sentence, Hasegawa Masashi bowed deeply.
After saying "goodbye", he took his secretary and left.
Watch him leave Looking back, Xu Liang narrowed his eyes slightly
"Mr. Xu, this person is threatening us."
"The CEO of Ruihui Securities stomps his feet so hard that the financial world in Japan would tremble. And on his territory, he is certainly qualified to threaten us."
……
Hasegawa Masashi glanced at the modern Pacific Building, or Hongmeng Building, whose glass curtain wall reflected sunlight.
Slowly close the car window.
"President, are you going back to the company?"
The secretary asked carefully.
“Yeah.”
The secretary quickly reminded the driver to drive.
After the car entered the traffic flow of Shibuya District, Hasegawa Masashi pondered for a while and took out his mobile phone to make a call.
The call was quickly connected.
"Hello? Hasegawa?"
Hearing the familiar old voice, Hasegawa Masashi showed a trace of respect on his face.
“President, it’s me.”
“The negotiation with Xu Liang is over?”
"Yes. As you expected, he simply refused."
"The refusal is predictable. Seibu Group's debts are too serious. Even if the other party wants to acquire it, they will try their best to get a better deal." conditions.
So, it is impossible to agree too quickly.”
“The chairman is far-sighted, but I feel that Xu Hao has no intention of acquiring Seibu Group. The Futian family deceived us, but in fact they did not deal with Xu Liang?”
“I will ask the Futian family clearly about this matter again. Unless they want to lose the election next year, they will not dare to deceive us.”
"Hi, President Takami."
"That's it."
After hanging up the phone, Hasegawa Masashi breathed out slowly.
On September 29, 2000, Daiichi Banking Corporation, Fuji Bank and Industrial Bank of Japan jointly announced the formation of Mizuho Financial Holdings through a share exchange.
The entire group's business is divided into four parts.
Mizuho Bank
is mainly engaged in personal banking business.
Including agency services for personal investment trusts, financial bonds and personal insurance.
Mizuho Industrial Bank
Mainly engaged in investment banking business in corporate business, project financing, securitization and other fields.
Mizuho Trust Bank
Mainly engaged in a variety of custody businesses related to asset management, including investment trusts, securities trusts, pension trusts and stock transfer agencies.
Mizuho Securities
In addition to traditional securities businesses, it also owns investment fund management companies, non-performing asset processing companies, energy service companies, etc.
After Seibu Group went bankrupt, it was taken over by the non-performing asset disposal company under Ruihui Securities.
As the president of Mizui Securities, Masashi Hasegawa, although he is the top executive of Mizui Financial Group, is not the absolute core.
……
After lunch, Xu Liang welcomed Li Zhaoji and Zheng Yutong in the afternoon.
Compared with the high spirits in Xiangjiang, the two of them sighed now, forming a sharp contrast.
“When I was in Xiangjiang, I didn’t realize it just by looking at the information. Now that I have gone to Japan and personally inspected it, I realized that the situation in Seibu is more serious than expected.
Seibu Department Store and Sogo Department Store have a total of 33 department stores in Japan. Except for a few stores including Ikebukuro Seibu Department Store, the sales of other stores have declined to varying degrees, especially the Saitama Seibu Department Store, which has dropped from its peak. Nearly half.
According to our actual estimates, Seibu Department Store’s current sales are only US$6 billion at most, which is nearly one-third less than the estimated US$8.5 billion.
The gross profit for one year is less than US$1.2 billion.
However, the debt weighing on Seibu Department Store was US$6.7 billion. Yoshiaki Tsutsumi finally borrowed a lot of high-interest short-term debt in order to balance expenses. After balancing, the total debt of Seibu Department Store in five years reached tens of billions. Dollar.
This burden is too heavy. ”
Zheng Yutong sighed.
“Prince Hotels are similar. Japan’s tourism industry has been sluggish in the past two years. Prince Hotels in big cities such as Tokyo and Osaka are okay. The occupancy rate of the dozen or so Prince Hotels located in scenic spots is less than 40%.< br>
The debt ratio is as high as 70%.
Even if they are willing to sell the Prince Hotel to me alone, I don’t dare to take it,” Li Zhaoji agreed.
When I was in Xiangjiang, I just looked at the information and felt that things were still within an acceptable range.
But when I arrived in Japan, after a personal inspection, I found that things were far more difficult than imagined.
If it is just a heavy debt burden, the key is that there is also a problem with the profitability of the Seibu Group itself.
The asset condition is very poor.
It’s no wonder that almost a year after Tsutsumi Yoshiaki joined, the Seibu Group is still in Mizue’s hands.
"Uncle Fourth and Uncle Tong are ready to give up?"
"I was ready to give up. I thought I was going to get a bargain, but I didn't expect the hidden dangers to be so big. With all the money, I might as well invest in China. Although I'm starting from scratch, at least I don't have such a huge debt burden." Li Zhaoji said directly.
Zheng Yutong hesitated, "I'll talk to Ruihui again. If they don't agree to restructure their debt, I'm ready to give up."
"Xu Liang, I heard that you acquired Wuxi Did Yin Liangpin and Yoshinoya encounter difficulties?" Li Zhaoji asked.
"Yes. Muji originally signed the contract, but it got stuck in the approval process. Yoshinoya's negotiations were about to sign the contract, but Mizue withdrew all the negotiators."
"They are forcing you to acquire Seibu." Li Zhaoji understood instantly.
"If it's just Mizue, it will be fine. At worst, I don't want the two companies. The key is that the Fukuda family will participate in next year's general election. I hope I can help acquire the Seibu Group to win votes."
Li Zhaoji and Li Zhaoji looked at each other. Although they didn't know the inside story of the transaction, they wisely didn't ask any more questions.
They are old and mature and know very well that it is better not to ask too many questions about some things.
(End of this chapter)