Chapter 59: Revolt

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"President Hosokawa?"

"That...... I'm the president's secretary, Joto, can I ask for something?"

"Joto-kun, could you please contact the president immediately, I'm Shinzo Maruyama, the person in charge of the Otomo Heavy Industries Asahikawa parts plant project at Toshima Construction, and we have just received a notice from Otomo Heavy Industries that we are going to cancel the contract we signed before......

Nani ...... Well, Mr. Maruyama, the president is in the conference room discussing important matters with someone from the River Plate Foundation, can you wait a little longer?"

"That, Joto-kun! Otomo Heavy Industries' attitude is very tough, asking us to prepare as soon as possible to hand over the work with the new project contractors, although I don't know why, but it should be related to the failure of Toshima Construction in the Najd high-speed rail project, the specific situation is still in the process of understanding, at present, all I can do is to do my best to hope that Otomo Heavy Industries will recover its ......."

When Joto learned about the situation of Otomo Heavy Industries' Asahikawa parts factory from the phone, Joto couldn't help but feel a little embarrassed. At the venue, Kiyofumi Hosokawa was still doing his best to get the Bank of Tokyo to cancel the cooperation with the River Plate Fund, but in the face of the construction of Toshima, which was already mired in the quagmire, the Bank of Tokyo just wanted to get out of this trouble as soon as possible.

"Can the Central Bank of Tokyo consider our situation again and suspend cooperation with the River Plate Fund for the time being? In any case, the Central Bank of Tokyo has been a partner of Toshima Construction for many years......

"President Hosokawa, the Central Bank of Tokyo also made this decision after careful consideration, after all, the loss of Toshima Construction is too serious, if you miss the opportunity to provide funds from the River Plate Fund, then Toshima Construction may collapse at any time!"

"But all of a sudden, let them lay off 20% of their staff, how can I say this kind of thing to my employees!"

Kiyofumi Hosokawa looked at Shirakawa, the head of the Central Bank of Tokyo, with a sad and angry expression, but the other party was just absentmindedly playing with his nails.

"Although I am sympathetic to this kind of thing, I really can't help it......! Just a 20% layoff can save most people's jobs, although it is inevitable that they will be treated with reduced salaries later, but in the end it is better than everyone losing their jobs!"

Shirakawa was indifferently doing Hosokawa Kiyofumi's work, and a trace of impatience had already appeared on his face. He raised his head to look at the time on the wall, then smiled with a condescending look, and said directly to Hosokawa Kiyofumi:

"I'm really sorry! I'm going to meet with an important foreign customer later, so I thought, let's get here today!"

"Vice President Shirakawa, please consider our opinion again!"

"Hmm...... Got it, I'll find time to think about it seriously, so be it!"

……

Seeing that his own efforts could no longer make the Central Bank of Tokyo retract his life. Hosokawa Kiyofumi couldn't help but feel a burst of anger, he looked at the figure of the special manager Shirakawa who was about to leave, suddenly stood up suddenly, and said to the other party in a serious tone:

"Shirakawa Special Officer, as the main correspondent bank of Toshima Construction for many years, most of the funds of Toshima Construction are kept by your bank!"

"Huh, uh-huh, excuse me...... Any advice?"

"If it's convenient, we want to take the funds out of your bank right away!"

"You...... What do you mean by that?"

I heard Hosokawa Kiyofumi suddenly mention Toshima Construction's large deposits in the Central Bank of Tokyo. Special Manager Shirakawa couldn't help but turn around immediately, and his face became a little vigilant.

"Toshima Construction and the Central Bank of Tokyo have always been interdependent partners. However, since the Central Bank of Tokyo has ignored the friendship between the two companies for many years. I don't think there's any need for us to continue to trust you. Now that Toshima Construction intends to formally participate in the bidding for the Chuo Shinkansen, it is precisely when a large amount of money is needed. Therefore, we intend to take all the funds deposited in your bank and hand them over to those banks that are willing to provide us with financing services!"

"You ...... Do you know what the consequences will be? Are you really going to break with the Central Bank of Tokyo?"

"I don't want to go down this road until I have to. However, if the Central Bank of Tokyo and River Plate Fund really want to force us to lay off employees, we will not rule out filing a bankruptcy petition with the court to get rid of your interference!"

"Bankrupt, do you know the consequences of that? How dare you?"

"Of course, I know the consequences of this, and if I file for bankruptcy, the credibility of Toshima Construction for 200 years will be completely lost. There will be no financial institutions willing to provide us with financing services in the future...... However, in this case, the Bank of Tokyo will not be able to continue to collect the previous loan from us!"

"You ...... Good...... Count you ruthless!"

When Shirakawa heard Kiyofumi Hosokawa threaten him with bankruptcy, he felt very angry, but he felt a little helpless. After all, the financing provided by the Central Bank of Tokyo to Toshima Construction is not a small amount. If Toshima Construction really filed for bankruptcy with the court. The Central Bank of Tokyo will not be able to recover its own loans from Toshima Construction by selling off its assets. In this way, the agreement made by the River Plate Fund and the Central Bank of Tokyo is also destined to be unfulfilled.

"A company that was on the verge of survival threatened the Bank of Tokyo with bankruptcy. It seems that I really underestimated your construction of Toshima!"

"Shirakawa Special Minister, bankruptcy is really a last resort, for Toshima Construction, employees are our most important asset, and if a company like ours that is engaged in far more hard work than ordinary people can't even keep the jobs of its employees, then who else will want to join Toshima Construction in the future?"

In the face of President Hosokawa's softened attitude again, Shirakawa only left a short sentence.

"We'll see!"

……

When the people of the Central Bank of Tokyo left the Toshima Construction Headquarters with a strong anger, Joto-kun, who had been waiting outside the door, hurriedly ran in and whispered in Hosokawa's ear:

"President, Mr. Shinzo Maruyama, the person in charge of the Asahikawa parts factory project of Otomo Heavy Industries, just called, saying that Otomo Heavy Industries intends to terminate the contract that has been signed with us!"

"What?"

"Bookmark for easy reading"