Jiro Watanabe smiled and raised his hand, asking Toshiro Sakata not to rush to thank him. He continued: "But I looked at your loan application and found that this amount of money can only solve the problem in the first place. Sakata-kun! Your business is expanding so fast that in a few months, you'll need at least one loan. In the future, the number of loans will not be less. So in my opinion, you have no problem with your cash flow and your profitability is quite good, but because of the lack of capital, you have to shrink your business. But that would be a pity. ”

Toshiro Sakata vaguely understood Jiro Watanabe's intention. So he immediately said, "Please give me more advice." ”

Jiro Watanabe nodded to Michiya Yamaguchi with a smile and said, "Let's let Yamaguchi-kun talk about it next!" ”

Michiya Yamaguchi asked, "Sakata-kun! Have you ever thought about going public? ”

Although he had already guessed the reason why Jiro Watanabe brought two guests from the securities industry to the banquet, Toshiro Sakata still trembled with excitement when he heard the word "listing".

Half a year ago, Toshiro Sakata was only a small import and export trader by virtue of his fluency in Chinese. But today, Tokyo Securities has taken the initiative to ask for its own listing, which is a dreamlike feeling.

Fortunately, Toshiro Sakata hasn't completely lost his mind. He understood that although his company had achieved explosive growth, because the starting point was too low and it was still far from the requirements for listing, he was somewhat confused, so he respectfully asked Yamaguchi Michiya: "Please also ask Yamaguchi-kun for advice." ”

"Sakata-kun! Do you know NASDAQ? Michiya Yamaguchi asked.

Toshiro Sakata nodded, although he was not very familiar with the U.S. securities market, but he always knew about the NASDAQ, the nascent U.S. stock trading market.

"It has been nearly 20 years since the NASDAQ was founded in '71. The Nasdaq index has also grown from 100 points at the beginning to almost 500 points now, that is, an increase of almost five times. Michiya Yamaguchi said, "We at Tokyo Securities have been observing this nascent market and have found that the public listing of companies is good for blue-chip large companies, but it is also good for small and medium-sized enterprises with strong growth potential." You must know that the companies delisted from the NASDAQ far exceed the main board market, and such growth is also driven by some companies with extremely high growth rates. ”

Seeing Toshiro Sakata listening attentively to his words, Michiya Yamaguchi smiled slightly and continued: "In order to expand the business of our Tokyo Stock Exchange, several of our presidents and our ministers have proposed a new plan, that is, to find a group of small and medium-sized enterprises with growth and innovation and support them to go public. Of course, being able to find Sakata-kun's club is also the result of Watanabe-kun's strong recommendation. ”

As soon as he heard this, Toshiro Sakata immediately bowed and thanked him, "Thank you, senior!" Thank you, Mr. Yamaguchi. ”

Michiya Yamaguchi smiled and continued, "And the new market we want to build is called Mothers. We at Tokyo Securities are preparing documents to be submitted to the Minister of Finance and the Cabinet. But the Cabinet review is ...... Bureaucracy bar! ”

"Hahaha-!" The crowd burst out laughing. Everywhere, when it comes to talking about the bureaucracy of government, there is always something to talk about.

After laughing for a while, Michiya Yamaguchi continued: "It also takes time for the council to pass guò, and there is also lobbying, so the time when Mothers will be established is not very certain. (In fact, it wasn't until November 1999 that Mothers was officially formed)"

"But for the establishment of Mothers, some preparations had to be done first. So we chose a group of companies, and Sakata-kun's club was one of them. But we also need to do something about prevention. What if Mothers doesn't approve it on time? Therefore, we want to raise the standard of Sakata-kun's company to be listed in the second business department, and prepare for both. ”

However, although the second business department is facing small and medium-sized enterprises, Sakata-kun's club is still far from the standard for listing. For example: the total share capital needs to reach 2 billion, Sakata-kun still needs to work hard, right? But it doesn't matter, these things can be operated, so let's listen to what Nomura Securities' expert, Oda-kun, has to say! ”

"Yamaguchi-kun, it's too famous." Juntake Oda of Nomura Securities bowed to Michiya Yamaguchi, and then bowed to Watanabe and Sakata, "Watanabe-kun! Sakata-kun! Thank you for your kind attention! ”

After the etiquette, Junwu Oda took out a stack of materials from his bag, handed it to Toshiro Sakata, and said: "These are all drawn up by me, some basic conditions and plans for your company's listing, you can go back and read it carefully, if you don't understand, you are welcome to communicate more." ”

"You're so polite." Toshiro Sakata respectfully took the document with both hands and carefully placed it in his bag.

Then Juntake Oda said: "In fact, the key to the listing of Sakata-kun is financing. And this financing, we want to divide it into three phases. The first step is to get through the asset financing ...... of Watanabe-kun Bank."

Speaking of this, Jiro Watanabe on the side immediately explained: "We will merge a part of the bankrupt mortgage assets into your club, and increase your total assets first. But rest assured, our bank will lend you another loan, not only to use the loan funds to acquire these collateral assets, but also to give you sufficient funds to expand your business. And those mortgage assets are not bad assets, some are still very high-quality, and when the time comes, Sakata-kun can choose them himself, and I will try my best to help. ”

At this time, Japan's bubble economy had already begun to manifest. Some businessmen who had speculated on Japanese real estate and stocks also began to go bankrupt. As a result, banks are receiving more and more mortgaged non-performing assets. And why did Jiro Watanabe do this? There are also some reasons for banks to reduce non-performing assets.

Of course, these assets are of little use in the hands of banks, but in the hands of businessmen who need them, they may be high-quality assets. Jiro Watanabe is nothing more than a gamble, betting on whether Toshiro Sakata has the means to turn stones into gold.

Of course, it doesn't matter if you lose the bet. Take back those assets, beat the drum and pass the flowers, and then find the next one! Anyway, the bank's losses won't be too big. It's Toshiro Sakata's company, not only can't keep those newly acquired assets, but even the old assets will be dragged down, and it's basically a loss.