Mitsui & Co., Ltd. is the largest general trading company in Japan. It was established on July 1, 1876. At present, it has more than 10,000 employees, more than 1,000 subsidiaries, and more than 200 companies in more than 90 countries and regions around the world. office. Most of the subsidiaries of the group engaged in chemicals and raw materials have merged to form Mitsui Chemicals, and other members are also engaged in industries such as construction, mining and real estate.
Since its establishment more than 100 years ago; in order to meet the requirements of the times, Mitsui & Co., Ltd. has cultivated various industrial capital in a wide range of fields such as food, machinery, energy, fiber, materials, and finance; it occupies a pivotal position in the current Mitsui enterprise group.
It can be said that the book strength is at most worse than that of Sakura Bank, but it is stronger than the hard power; it is definitely the most important company of the Mitsui family, and it can even be said that it is not one of them. Moreover, in Mitsui Zhongyuan's view, his personal ability is absolutely no worse than that of Mitsui Zhongyi; perhaps it is because he was born in a collateral line that he did not enter the list of candidates for the family heir.
But everyone's surname is Mitsui, so why do they kill themselves decisively; they are not as balanced as Mitsui Chuichi, who is mediocre. Mitsui Zhongyuan, who wanted to strengthen his own strength, played even bigger than Mitsui Zhongyi. Not only borrowed the reputation of the Mitsui family to borrow from the bank, but also misappropriated the funds of Mitsui & Co.; it was used to expand the industrial territory.
As for Mitsui Chuichi's use of 50 billion yen to leverage 380 billion yen in business, it is absolutely trivial in his opinion. Through leverage, he not only bought a lot of real estate; the stock market is even more crazy.
5 times leverage has been used all the time, as long as the stock price falls by more than 20%; it will be lost. Therefore, he simply cannot afford the serious consequences of raising interest rates by the Bank of Japan, and must use the power of the Mitsui family to put pressure on the top.
Mitsui Zhongyi was very upset, no one knew better than him what Mitsui Zhongyuan had done before. If it weren't for Mitsui Cosco and other cousins to set off, he would not be the first to stand up. Assuming that he is the only loser, then the position of the family heir is naturally difficult to keep. Even if the father is partial, it is useless, in the end, he has to rely on his strength to speak.
After losing so much money, he still has to rely on the family to rescue him; how could it be convincing. It was precisely because he knew what other members of the family were doing that he dared to be the first to confess.
The purpose is to make progress by retreating, so that the elders of the family can see; he is a person who is responsible and feels guilty of admitting mistakes. Even if he is denied, the son has grown up. Although the handling of certain things is still a little immature; but compared to his peers, he is already very good.
Mitsui Zhongichi: "What do you mean; I know that the general trend cannot be violated; I want the family to be this early bird."
The identity of the father is certainly impossible to express easily; let alone the general knowledge of the younger generation. If Mitsui Takamori really speaks, someone will definitely be unlucky. Although I also wanted to see Mitsui Zhongyuan being removed, I didn't want to be buried with him.
At this moment, the overall situation must be taken into account, and family interests must always be put first. The Mitsui family has a special status, and it is really not suitable to communicate this matter directly with the senior management!
In the middle of the 20th century, the Japanese economy entered a stage of rapid development, and at the same time, it also began to deploy overseas market projects. The Japanese established production bases overseas; what they valued is cheap labor and land resources overseas, and on the other hand, it is also to further open the door to the international market.
There are six major international trading companies in Japan, occupying half of Japan's trade development; their exports account for more than 40% of Japan's total exports, and their imports account for more than 60% of Japan's total imports. These trading companies, like Samsung, Hyundai and other companies in South Korea, are the lifeblood of the country's economy and are often referred to as chaebols. Six trading companies control every aspect of the Japanese economy; everything from diesel, rice, oil, and salt to aerospace, almost everywhere.
Even if the strength is so strong; but when it comes to the influence of the consortium on the government, it is really small. Although the current system in Japan and the separation of powers in the United States are somewhat different, they are each carrying out their own responsibilities and restricting each other.
Moreover, a tacit understanding has been formed between the chaebol family and the high-level people; they must not interfere in politics, whoever sets foot in politics; but they cannot blame others for their viciousness and ignorance. Now listening to the meaning of COSCO Mitsui, it is to let the Mitsui family come forward and interfere with the interest rate hike of the Bank of Japan. Thankfully, he figured it out, isn't this taking the initiative to let people grab the handle!
In fact, Mitsui COSCO also knew that it was impossible for Mitsui Takamori to agree to intervene in national economic policy, but why did he say that; he just wanted to gain the support of more members of the family.
At present, the people with a little power in the Mitsui family hold a lot of real estate and stocks. Once the Bank of Japan raises interest rates significantly, it will affect the stock market and the property market; not to mention jumping off the building, but life will never be easier.
Anyone with discernment knows that Chuichi Mitsui is the heir to the family and the most beloved son of the patriarch; no matter how big the hole is, he will find a way to fill it up. But others are not treated so well and can only choose to save themselves.
Once the policy is promulgated, it will be reflected in the stock market and property market; self-help methods are simply not feasible and unrealistic.
Mitsui Takamori's status in the family is too high, and he is alone; trying to challenge authority is tantamount to hitting an egg on a stone; even death does not know how to die. Only by uniting the vast majority of members can there be a chance of survival; the most important thing is to accumulate strength.
If the Bank of Japan personally intervenes in economic policy, it will not only go bankrupt; the estimated debt owed will not be repaid for several lifetimes. Of course, if the Japanese economy develops according to the current trend in two years, he will become the richest person in Japan; even if there is none.
As a collateral child, want to run the family; there is almost no possibility. In charge of Mitsui & Co., or because of his background, he took a big advantage; of course, his ability is also one aspect. The most important collateral children; it is impossible to compete with Mitsui Zhong for power.
To put it bluntly, Mitsui Takamori arranged for his son to **** him, but he didn't expect that his ambition was very high and his ability was very strong, which made it somewhat uncontrollable.
Mitsui Zhongyuan: "At present, not only the Mitsui family, but other families are similar; they are all in a situation of life and death. For the chaebol family this time, it may be more terrifying than the loss of World War II."
"I also bought a lot of real estate and stocks, and made leveraged funds. Once the Bank of Japan announced an interest rate hike, the stock market and property market would fall sharply; I would lose all my capital, or even go bankrupt."
"As for the stocks and real estate held by Mitsui & Co., the number is more; in fact, it is not just me and Mitsui Chuichi; most of the members of the other family companies are similar."
"Who dares to say that they didn't use loans or leveraged funds to buy stocks and real estate? Everyone's situation is the same. Not only the Mitsui family, but also several other chaebol families."
“The Bank of Japan has to maintain the status quo at least until we are not ready; absolutely no policy can be issued.”
Emotional Bank of Japan is opened by your family, so why should people listen to you? This made Mitsui Nakaichi very upset, but when he saw his father's expression, he didn't dare to speak.
Takamori Mitsui is such a smart man, and he lived to his age; not to be precise, but about the same. UU reading saw Mitsui Zhongyuan finish speaking, the other members of the family bowed their heads and dared not speak; they immediately understood what they meant. They all bought a lot of real estate and stocks through informal means.
These people are really interesting, I guess at this moment I don't understand how many pounds and how much.
At the same time, it is also clear that COSCO Mitsui wants to buy people's hearts and make a last-ditch effort. Suppose you do not agree to intervene in the interest rate hike policy of the Bank of Japan in the name of your family; then you will give people an inherent impression of being ruthless and desperate.
It is right for the patriarch to be fair and just, but everyone has selfishness; If left alone, how will Mitsui Zhongichi's hole be filled. The son is likely to have no future; even to a certain extent, it will affect the grandson Toyofu Mitsui.
If he really wanted to save his son, what would the others do; how could he possibly be saved with so many people together? The debt owed by Mitsui Zhongyuan, who has been pushing the palace, is not a small amount. All the family members add up, it is absolutely an astronomical number.
There are also various branches of the Mitsui Group, which must have many dead and bad debts; even if they can be filled, it is estimated that the loss will be heavy.
But there is a red line that cannot be crossed; the order prohibits interference with relevant government policy. These have long been agreed; whoever dares to violate them will inevitably be rejected by the public.
I really underestimated Mitsui Zhongyuan before, but he was able to find his own seven inches. I didn't want to care about the younger generation, but it's not that you don't want to care about it, you can leave calmly; you must give everyone an explanation!