"Ladies and gentlemen, today I have a new idea to announce to you......!

"We're sorry, President, we have a new plan that we would like to present to the board of directors!"

"Oh, what's the new plan about?"

"It's about the revitalization plan for the construction of Toshima initiated by the River Plate Foundation!"

Just as Hosokawa Kiyofumi was full of joy and wanted to announce to everyone present that he had reached a preliminary cooperation intention with the neighboring XX Construction Group, several executive members of the board of directors representing the interests of the Central Bank of Tokyo and the River Plate Fund suddenly interrupted Hosokawa's speech, and then a proposal titled "Toshima Construction Revitalization Plan" was placed in front of every board member.

"This is the revitalization plan we initiated for Toshima Construction, and the core of this plan is to streamline the existing organization, so that several business units with better operating conditions in Toshima Construction have greater autonomy, and when the time is ripe, they will be listed separately. As for our previous losses on the Najd high-speed rail project. River Plate will set up a separate new business to manage non-performing assets, and if all goes well, the spun off business unit will develop well, and I believe our debt problem can be resolved......"

Although the other party's introduction was relatively simple, Hosokawa Kiyofumi, who had been an executive at Toshima Construction for many years, quickly understood the other party's intentions. To put it bluntly, it is to disassemble the huge machine of Toshima Construction into parts and sell them individually. If we use the car as an analogy, the sum of the parts of the car is usually higher than the price of the whole vehicle, which is the concept of the so-called zero integer ratio. And applying this principle to enterprises seems to work in the same way. Although Toshima Construction has been collectively betrayed by investors due to huge losses, when it comes to Toshima Construction's rail transit division and other departments, it is still attractive enough to investors. Otherwise, Toshima Construction would not have defeated many international competitors and monopolized the contracting rights of the Najd high-speed rail project.

Kiyofumi Hosokawa patiently listened to the "Toshima Construction Revitalization Plan" proposed by the executive who represented the interests of the Central Bank of Tokyo and the River Plate Fund. It wasn't until the other party finished speaking that Hosokawa Kiyofumi took over the topic and said with some heaviness:

"Now that everyone has listened to the introduction of the "Toshima Construction Revitalization Plan", can you allow me to introduce my plan again?"

"Eh, did President Hosokawa also submit a proposal to the Board of Directors today?"

"Hey, I haven't discussed this plan with the other directors because it's just an idea, but I took a trip to SH in my personal time a few days ago and had some contact with XX Construction Group, which had competed with us for the Najd high-speed rail project, and the other party still seems to be interested in our contracting rights for the Najd high-speed rail project. After some negotiation between me and the other party's management, we reached a non-legally binding cooperation plan. ”

"XX Construction Group, that is a leading enterprise in the infrastructure industry of neighboring countries, is the other party really willing to cooperate with us?"

"Hey, the other party is willing to buy the contract rights of the Najd high-speed rail project from us at a fair price. If we accept the other party's offer, then the Najd high-speed rail project will no longer be a burden hindering the development of Toshima. On the contrary, we can take advantage of the opportunity of this cooperation to cooperate more closely with XX Construction Group in the construction of high-speed rail. ”

"Is there such a thing?"

……

As Hosokawa Kiyofumi announced his plan, everyone present whispered and discussed. Seeing that everyone seemed to be a little moved by Hosokawa's plan, the executives representing the interests of the Central Bank of Tokyo and the River Plate Fund stood up and clearly objected to Hosokawa's plan:

"President Hosokawa, was your letter of intent authorized by the board of directors before it was signed?"

"No, but this is only a letter of intent to cooperate, not a final formal contract, so it does not have legal effect. But it also shows the sincerity of the other party's cooperation with us!"

"President Hosokawa, what you want to cooperate with is our former competitor, since it is an opponent, how can you be sure that the other party is willing to cooperate with us in the first place, and there are no traps behind this?"

"Wait a minute, even former rivals will turn their rivalries into rivalries, and I will only take the initiative to seek cooperation after fully assessing my opponent's desire to win recognition in the international market. Once this project is successful, it will be a good thing for Toshima Construction, for the XX Construction Group, and even for the Najd government......!

"But President, don't you think it's a betrayal of the Japanese construction contracting industry to give up the project that our Japanese company has won so hard to a competitor in a neighboring country?"

"Betrayal? Is it true that the 200-year-old company of Toshima Construction has collapsed and its members have been deprived of their jobs and remain indifferent, is it a loyalty to the Japanese construction contracting industry?

"President, please don't be emotional, Toshima Construction exists because of the trust of the owners, and at all times, we should give priority to protecting the interests of the owners......"

"What kind of bullshit logic is this! Toshima Construction has been around for more than 200 years, and it has only been a matter of decades since it became a listed company. Over the past 200 years, Toshima Construction has experienced numerous crises, large and small, and it was not because of the concerted efforts of its employees and companies that it survived. ”

Seeing that the disagreements within the board of directors were becoming more and more intense, everyone present couldn't help but look at each other, each with their own thoughts. In the management of Toshima Construction, there are several executive members who represent the interests of the owners behind them, and there are managers who have been promoted from the bottom. As corporate decision-makers, they are often only responsible for a specific task of building Toshima. Only the chief executive officer and the president are responsible for the overall management of the company. Previously, due to Toshima Construction's high dependence on the Bank of Tokyo, there were many members of the board of directors who represented the interests of the bank.

Seeing the angry Hosokawa arguing with the other party, everyone present was silent for fear that the rash team would implicate them. Until the end, the elder Murakami couldn't stand it anymore, he slowly stood up and said calmly to everyone:

"I don't think you want to have any more meaningless verbal battles, since the president and several executive directors can't convince each other, let's let the owners decide the fate of Toshima!"

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