v3 Chapter 1255： Sniper start

The latest website: With absolute controlling rights, Jiuding Securities Co., Ltd. has taken a firm seat in Diaoyutai.

After pushing Mitsui Securities Co. out, Matsumoto's only idea was to teach Mitsui Securities Co., Ltd. to spend a greater price to acquire stocks.

Anyway, according to Suntory’s strategy, Suntory will not be privatized. Before the action, Suntory’s stock price was the normal stock price. Even if the stock price is raised again now, the company’s stock price will remain at the press conference in a few days. Will plunge back.

Unless Mitsui Securities Co. is willing to keep the funds trapped, it will have to admit it and leave the market.

Simply raising the price, the operation couldn't be easier, Matsumoto Yu directly handed over to his subordinates to control, and he devoted his energy to other aspects.

For example, the task arranged by the previous boss Xia Yu, the acquisition of six companies including Leading Electric Company, Sankyo Manufacturing Co., Ltd., Nisshin Steel Co., Sanyo Special Steel Co., and Tokyo Steel Co., as well as the attack on Nippon Steel task!

The acquisition of Nisshin Steel Corporation, Sanyo Special Steel Corporation and Tokyo Steel Corporation, which was proposed later, is still a more urgent task.

To this end, Matsumoto used to track and schedule these tasks almost daily and urge employees to speed up the acquisition process.

After nearly a month of action, the entire mission has achieved great results.

The first is the three major industrial manufacturing companies, of which the unlisted leading motor company and the island country electric production company have been income under the command.

The leading electric company, Takizaki Takehikari, has a very stable operation. Not only does it have no loans, it also has relatively few financing on the road to growth, so the equity is relatively concentrated.

However, after a series of hard work, he eventually held a 49.5% stake in the leading electric company and became the largest shareholder surpassing Takemitsu Takizaki.

Of the 60.5% equity, 45.5% of the equity was acquired from other shareholders, and the other 15% equity was obtained after financing the leading electric company.

The two major steps before and after cost a total of 7.34 billion yen.

Compared with the leading electric company, the acquisition of the island country power company is more smooth.

Yongshou Shigeobu is a grass-roots background, so in the past ten years, the island power company can only cater to capital in order to quickly grow the company.

Since its establishment, the island state power company has accepted investment, and then has experienced three financing expansions, and for development, the company also borrowed from a number of banks, the island country power company's liabilities are 2.58 billion yen.

Because of the constraints of shareholders and the pressure of debts, the operation of the island company is much more difficult than that of the leading electric company. Therefore, the mentality of Yongshou Shigeobu is also different from that of Takemitsu Takizaki.

For example, in the control of the company, Yongshou Shigexin's shareholding has long been less than 50%.

Therefore, the acquisition of the island country electric production company went quite smoothly.

The purpose of investors is to make money, so Jiuding Securities Co., Ltd. keeps increasing prices and takes over all the equity of other shareholders.

Yongshou Shigenobu did not contravene the attached large consortium, so he also agreed to financing.

In the end, there are two shareholders left in the island state power production company, namely, Yongshou Shigexin holding 26.2% and Jiuding Securities holding 73.8%. For this reason, Jiuding Securities has spent a total of 7.88 billion yen.

In addition to these two unlisted companies, the listed company of Sankyo Manufacturing Co., Ltd. still only holds 5.1% of the shares, but the actual shareholding ratio has reached 35.76%, far exceeding the original 12.1% of Toyota Motor’s largest shareholder and 11.4% of the Ogawa family, the second largest shareholder.

Then there are four companies in the steel sector.

Acquisition of a 46.5% stake in Sanyo Special Steel Co., Ltd. at a cost of 22.75 billion yen.

Acquired a 52.4% stake in Tokyo Steel Corporation at a cost of 32.93 billion yen.

Only the acquisition of Nisshin Steel, which is part of the Nippon Steel Group and the largest in size, cost 30.76 billion yen and only acquired a 29.7% stake.

It is not that the staff is not working hard enough, but that Nippon Steel is no better than the other two steel companies. It has a backing!

Backed by Nippon Steel, which is the core pillar of the Mitsui Consortium, and its product sales are also channeled by Mitsui & Co., one of the top ten trading companies, the company’s prospects and business risks are different, and the mentality of shareholders is naturally different, making acquisitions more difficult. .

Without arousing Nippon Steel's vigilance, it is not easy to acquire so many shares.

Finally, Nippon Steel, the giant with a market capitalization of 1,636.8 billion yen, entered the market with a ten-fold leveraged capital allocation of Jiuding Securities. It cost 139.5 billion yen and bought 204.48 million shares, accounting for the company’s total share capital. 8.52%.

Although this ratio is still a little low, if it is announced, it will be enough to become Nippon Steel's largest shareholder.

If you launch an attack, you already have a certain amount of power.

All these results were presented to Xia Yu by Matsumoto Yu.

"The results of the leading electric company and the island country electric production company are very good. It is enough to do a good job of financial supervision, and you can let Takizaki Takemitsu and Nagamo Shigeobu operate."

"The future of Sankyo Manufacturing Co., Ltd. has great potential. It can continue to acquire shares. Even if it is exposed, it does not matter. At that time, it will take advantage of the trend to gain a greater voice."

"Sanyo Special Steel Co., Ltd. and Tokyo Steel Co., Ltd. are further acquired. Our ultimate goal is to delist these two companies and privatize them."

"The official offensive against Nippon Steel is a bit louder, attracting all the attention, and seizing the opportunity to secretly acquire the equity of Nisshin Steel Corporation, and also facilitate the acquisition of Sanyo Special Steel Corporation and Tokyo Steel Corporation. The money saved is still It has to be saved."

"As for Suntory, you just need to handle it well, so that Mitsui Securities will remember."

After seeing the results, Xia Yu decisively issued a series of orders.

Matsumoto recorded quickly, and kept nodding subconsciously.

"Boss, I understand, I promise to complete the task!"

Matsumoto straightened his waist solemnly and responded loudly.

"Well, go!"

Xia Yu nodded slightly, dismissed Matsumoto Yu, and continued to conceive.

...

Jiuding Securities Company's execution power is very strong.

Let’s talk about Matsumoto Yu, taking Xia Yu’s order, and after going back to think it through, he immediately convened personnel to conduct detailed discussions and negotiated a detailed and comprehensive plan of action.

Early the next morning, as soon as the stock market opened, a large amount of money poured into the stock market and began to buy Nippon Steel stocks.

Because of the national leading steel stocks Nippon Steel's P/E ratio is very high.

However, after all, the entire steel industry in the island country is a sluggish industry, so in the assessment of major institutions, Nippon Steel's stock appreciation potential is not high. Funds invested in this stock can barely maintain its value, but it is impossible to hope for large profits.

Therefore, when Jiuding Securities continued to buy stocks to urge Nippon Steel's stock price to rise, some institutions and stockholders decisively sold their holdings.

A few days are down until the market is closed on Friday afternoon.

Jiuding Securities once again consumed 55.72 billion yen and bought 80.64 million shares.

Nippon Steel’s share price also rose from 682.2 yen per share to 702.6 yen per share within a few days.

Although the increase was not large, the market value of Nippon Steel increased by nearly 49 billion yen due to its large volume.

The trading volume and turnover rate remained high for several days, which finally aroused the vigilance of the Nippon Steel Securities Department...