Chapter 661: The stock market plummeted
With the establishment of the Nanno Foundation, as soon as the specific news of the total assets of the Nanno Foundation of 30 billion US dollars was announced, the stock market of various companies of the Nanno Foundation rose sharply in an instant.
Because at present, whether it is Nanno Bank, Nanno Real Estate Company, or Nanno Automobile, etc., it is a thriving trend. Buying this kind of stock is definitely a rhythm that makes a lot of money without losing money.
Besides, at present, Shuichi Minamino has 13 billion tons of iron ore resources, which is definitely an existence that many people trust.
Mitsubishi Foundation Headquarters.
The Mitsubishi consortium called all the top executives over for an emergency meeting.
"Now we have another powerful opponent, and that is - the Nanno Foundation!"
"Now, we and the other three consortia are going to suppress it, and it's better to make it more demoralized. We can't let it take away the cake that is ours. The market cake for all walks of life. The Mitsubishi Foundation said in a deep voice.
"President of the Bank of Tokyo-Mitsubishi, listen, you will start to compete and suppress Nanno Bank financially in the afternoon, recklessly!"
"Mitsubishi Electric, you have to ...... each other's semiconductors and other important communication technologies."
…………
Mitsui Foundation Headquarters.
"Now, I have issued an order that all the products of Toshiba Corporation, which is a subsidiary of our consortium, be directly reduced to the cost price! You must be mentally prepared to make each other's products unsellable, at least let them have a financial breakdown......"
Sumitomo Foundation Headquarters.
"Our Sumitomo Metal Co., Ltd. prohibits the supply of any more materials to the Minamino Foundation, and our Matsushita Electric, Shima Gunki Electric (NEC), and Sanyo Electric are engaged in a price war against the companies under the Minamino Foundation, and we sell our products directly at cost price. ”
Fuji Foundation.
"Our Nissan cars are slashing prices across the board and selling them at cost price! We want to make it impossible for Minamino Motors to sell their cars. Although our reputation is not as good as theirs, we sell at a low price, and customers will definitely choose our cars. Besides, our Nissan cars aren't bad either. Also, the same goes for products from companies like Canon!"
The four major consortia began to comprehensively suppress Shuichi Minamino's Minamino Foundation from finance, upstream resources, various materials, products of various companies, etc.!
What they have to do is to make the financial rupture of Shuichi Minamino in the company, so that his products cannot be sold, continue to cause difficulties, and the most popular cause financial faults. In this way, although Shuichi Minamino will not go out of business, it will also be greatly damaged!
After all, there are too many industries operated by the four major consortia, and there are only a dozen industries operated by Shuichi Minamino at present. Therefore, even if he establishes a consortium at present, it is still a small consortium.
Now the four major consortia have joined forces to suppress Shuichi Minamino, which is really menacing.
These four major consortia have no regard for the consequences and have a hard time with Shuichi Minamino.
Because, there is no way back for them.
In fact, now Shuichi Minamino has formed a monopoly in fishery, real estate, automobiles, communications, new materials, electronic products, iron ore, etc.
What the four major consortia are doing now is actually to break the monopoly of Shuichi Minamino on these industries.
Once they succeed, Shuichi Minamino will be devastated by his vitality!
If a consortium cannot form a monopoly trend in its industry, then it is not called a consortium. At that time, it means that Shuichi Minamino failed to establish a consortium, and he will go backwards!
The four major consortia suppressed Shuichi Minamino, but the other Sanhe Group and the First Quanyin Group did not make a move, they are now planning to sit on the mountain and watch the tiger fight, and then see. If Shuichi Minamino can fight with the four major consortia, then they will die of laughter.
However, neither Sanhe Group nor the First Quanyin Group will think that Shuichi Minamino can resist the suppression of the four major consortia, let alone hurt the vitality of the other party. Although Shuichi Minamino's strength should not be underestimated now, his foundation is still not as good as that of the four major consortia.
The four major consortia really did what they said, first of all, from the financial aspect, and all the banks of the four consortia joined forces to launch various offensives against Minamino Bank.
Minamino Foundation Headquarters.
These days, he's sitting here every day, listening to the reports of the various companies, and he's going to give the instructions he needs to give from that information.
"Chairman, the four major consortia have begun to suppress us in an all-round way. ”
"The Fuji Foundation's Nissan cars are currently sold at cost price, and we used to sell cars of the same class for about 500,000 yen, but now they sell them for 300,000 yen!"
"In terms of electronic appliances, Sumitomo's Matsushita Electric, Mitsui's Toshiba, and Fuji's Canon are all sold at cost price! Not only that, but they have also robbed our exporters' customers! Because customers see that the other party's export price is so cheap, they all switch to buy their products. ”
"In terms of real estate, too, their properties are sold at a large reserve price!"
"In terms of banking and finance, the banks of their four major consortia have also comprehensively suppressed our Nanye Bank......
Listening to these reports, Nanye Xiuyi frowned, he didn't expect the four major consortia to be so frustrated, this is completely reckless and hard to fight with him.
"What should we do now, Mr. Chairman?" Tamako Miyamoto, as the current vice president of the Minamino Foundation, is now having a headache.
"Our products are unsalable, and our export orders have also been seriously affected, and orders have plummeted. There is a surplus of products in the factory, and capital turnover difficulties begin to appear...... We have already started to apply for ......additional funds from Minamino Bank," reported Nako Kino.
"If we continue to hold on like this, we will be crushed by the four major consortia sooner or later. ”
"I know this!"
"Not only that, but many of the raw materials that our company needs have begun to be banned from supplying us, and the goods we want now are all imported, and the cost has begun to increase......
"Don't worry, hold on a little longer!" Nanno Shuichi tapped on his desk and said lightly, "We currently have a total of $8 billion in storage funds in Nanno Bank. I think I can spend a wave with each other!"
"Yes!"
The women and those high-level executives did not oppose Shuichi Minamino's approach.
Another week has passed, and the stock markets of the major companies under the Minamino Consortium have begun to fall slowly.
The four major consortia also issued various remarks very hateful to say the current predicament of the Nanye Consortium, and the shareholders were panicked.
After all, many of the products of the Nanye Consortium were indeed unsalable this month, and at the same time, the funds were also very tight.
"The Big Four, do you really hate me to the core?" Minamino thought as he smoked a cigarette.