Chapter 153 Mitsubishi UFJ Finance
"Zhong Sang, please!"
After an old man with white hair said this, he bowed deeply to Zhong Shi ninety degrees. Seeing that the other party was indifferent, the old man began to take off his leather shoes again and prepared to kneel.
"Zhong Sheng, isn't this too much?"
Jiang Shan, who was sitting next to Zhong Shi, couldn't help but whisper, "If you let an elder of this age kneel for you, it's really unbearable." Besides, we are also their shareholders, and we are a community of interests, so there is no need for this old gentleman to grovel so much, right? ”
"You don't understand." Zhong Shi replied with a smile, "Nobuo Banyanagi has recently been competing with Yongyi Katsunori for the position of president, and both sides are trying to win the support of shareholders, and I am one of their key targets. Also, don't think that kneeling is a great gift, these etiquettes are different from ours in the Japanese understanding. You see, Nobuo Banyanagi has been grinding for a long time, hasn't he still not knelt down? ”
Jiang Shan opened his eyes again, and sure enough, the crane-haired goosebump Banyanagi Nobuo saw that Zhong Shi was indifferent, and the posture that was originally going to kneel down turned into a cross-legged sitting by the way, and he was sitting at the other end of the tatami mat at the moment, looking at Zhong Shi and Jiang Shan for a long time.
Sure enough, they're all human spirits, so I'd better not interject rashly. Jiang Shan thought about it in his heart, and decided to look at his nose and nose, and no longer pay attention to the negotiations between the two.
Nobuo Hayanagi is the current president of Mitsubishi UFJ Financial Group. MUFG Financial Group was formed by the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings, and is currently one of the largest financial groups in all of Japan. At the beginning of the merger in 06, Nobuo Hayanagi became the president of the behemoth. Although it successfully dealt with the non-performing debt crisis of UFJ Holdings in the early stage, it soon fell into a situation of stagnation in growth, and this year it encountered a financial crisis that has not been seen in a century, making it very likely that the entire MUFG Financial Group fell into a situation of loss for the first time.
Contradictions erupted.
Originally, the management of the UFJ holding department began to move. In order to take advantage of this opportunity to bring down Nobuo Banyanagi from Mitsubishi Tokyo, they proposed a candidate for president who is the current vice president, Katsunori Naga. The open and secret struggle between the two sides began, and the targets of the wooing were the shareholders of Mitsubishi UFJ.
At present, among the shareholders of the Mitsubishi UFJ Financial Group, the share of the major shareholders of the Italian and Japanese ties is about 42%, and the share of the major shareholders of Mitsubishi Tokyo is about 39%, and the difference between the two sides is very slight. Among the overseas investors who have about 15% of the voting rights. Tianyu Fund has a further 4.79% stake, which is equivalent to a third of the zaibatsu in addition to Japan's local chaebol. Moreover, as a top investment fund, the party supported by Tianyu Fund will inevitably influence the opinions of other shareholders who are waiting and seeing, so Zhongshi has become the target of public relations for both parties.
Just as Nobuo Hiroyanagi arrived in Hong Kong, Yongyi Kedian had just boarded the plane leaving Hong Kong. However, this ambitious guy who wanted to replace Nobuo Yanagi didn't get the answer he wanted, so he had to leave unhappily.
However, to Yongyikedian's relief, Zhong Shi still gave him a promise. That is, if there is a decision, the other party will be formally notified. At the very least, it would have given him an idea of what Bell Stone was supporting before he voted at the shareholder meeting.
At present, Mitsubishi UFJ's operating income and profits have both declined, and it is no longer able to make ends meet, which is unimaginable for a giant company with an annual profit of nearly 10 billion US dollars. Therefore, this excuse can also be justified, compared to Yongyi Kedian's sneaky "canvassing" behavior, his trip this time is very open.
After taking over a prestigious Japanese restaurant in Central. Nobuo Banyanagi invited Zhongshi. After three rounds of wine and five flavors of food. Nobuo Hayanagi began to probe.
"Zhong Sang, as a world-renowned investor, you are also one of our major shareholders. At this critical juncture, is it possible to give our business a little help that will allow us to get out of the current predicament as much as possible? Know that the rise in the stock price is also good for you. ”
"This kind of thing. As a minority shareholder, how can I beak well? Let's talk about it! Zhong Shi took a piece of sashimi, put it in his mouth leisurely, took another sip of sake, tasted it for a long time, and then said slowly.
As soon as I saw this scene. Nobuhiro sighed in his heart, knowing that the other party might not take his position lightly. So there was the opening scene.
It should be noted that because of geography, the national character of the entire Japanese nation is full of two contradictory characters: arrogance and extreme inferiority. For the Japanese, the prevailing view of good and evil does not apply to them, and the simple and rough law of the jungle is more loved by the Japanese. That is, if it is strong, the Japanese usually admire it, and they sneer at the weak.
As a person who once made huge profits on the Nikkei index and hit a Japanese consortium in London in March copper, Zhongshi has a great reputation in the Japanese financial circles, and was once called a "financial prodigy". Later, Zhong Shi's defeat of the Americans in Hong Kong made some Japanese financial people look up to him with admiration, and even secretly called Zhong Shi "the light of Asia." Maybe Zhong Shi himself didn't know that he had such a lofty status among Japanese financial professionals.
"Zhong Sang, if you want to get your opinion, I don't know what kind of conditions to pay?"
After sitting down again, Nobuo's face changed for a long time, and he decided to ask straight to the point. Originally, he was going to ask for his opinion on the board vote, but now it seems that this strategy has not worked very well.
"Mr. Pan Liu, since you are straight to the point, I will not hide anything anymore." Zhong Shi still had a breezy expression, "According to your statement, the Mitsubishi UFJ Group is currently experiencing some difficulties. I think there may be reasons for management, as well as reasons for the general environment. You should know that I am purely an investor, and I don't know much about management. So if you want to get some advice from me, it's obviously impossible and unrealistic. ”
"Nope! No! No! Nobuo hurriedly waved his hand and denied, "Mr. Zhong, I think you misunderstood what I meant." With regard to management, I have developed a new management plan with the rest of the Board. The new proposal will be presented to the Board of Directors shortly, which is the full text. ”
As he spoke, he waved downward, and several of his entourage, who had been kneeling by the tatami mat, immediately took out a copy of the paper that had been prepared long ago from their briefcases, and after taking it, he respectfully handed it to Zhong Shi with both hands. At the same time, he explained: "Zhong Sang, please take a look." The new operational plan includes significant cost reductions, global layoffs, and new business expansion. It is believed that after the implementation of this new plan, the entire group will quickly turn losses into profits. ”
"So what you're looking for me?" Zhong Shi glanced at it cursoryly, and then handed it to Jiang Shan on the side, "Let me support your plan?" ”
"Of course, but that's not all!" Nobuo Kawayanagi's head nodded like a chicken pecking rice, "I'm really ashamed to say that." Because of the wrong business strategy in the past, some people were very dissatisfied with me. As far as I know, they are planning to take my place at the annual general meeting. This kind of behavior, which borders on rebellion, is simply a shame for Mitsubishi UFJ. The purpose of my visit this time is to ask Zhong Sang not to listen to the demagogy of some people and let this kind of scandal happen. ”
"Please. Zhong Sang! ”
After saying that, he lowered his head again. The head even hit the table with a low thud.
As he made this movement, several other entourages hurriedly followed and lowered their heads towards Zhongshi, because sitting on the ground and bending down with their entire waist bent, their posture was infinitely close to kneeling.
for their behavior. Zhong Shi was still indifferent, he knew very well the urine nature of the Japanese, and besides, they did this pose 80 times a day if they did not do it 100 times a day in their daily life, so they couldn't talk about how sincere they were at all. So he lit a cigarette and enjoyed it. After five minutes of hanging their heads, the Japanese probably couldn't stand it anymore, and after exchanging a look in private, they raised their heads again.
"Zhong Sang, is there any problem?" Nobuo Rinyanagi rubbed his sore neck and asked cautiously, "Is my request embarrassing to you?" ”
"It's not embarrassing!" Zhong Shi took the bottle and poured a glass of wine for Nobuo Panyanagi, and replied with a smile, "But Mr. Panyanagi, you should know very well that Tianyu Fund does not interfere with the operation of the investment target, unless there is a serious problem, otherwise we generally agree with the current management." At this point, we very much agree with you and your team's capabilities. But in business, if I promise you this time, I don't know what benefits I can get from it? ”
"Benefits?" Nobuo Banyanagi was confused, looked at Zhong Shi with wide eyes, and suddenly realized after a while, "Yes, of course it is good." But Zhong Sang, what do you want? All I can give you is the power of the board, if you wish. ”
"Power?" Zhong Shi's head shook like a rattle, "If you talk about wealth, I'm afraid Mr. Panliu really can't provide it to me." So you think I'm seeking more power? But I'm sorry to tell you, that's not the case, and I'm not interested in having more of a say in MUFG. What I am asking for is a request, a request that cannot be denied. ”
"A request that can't be denied?" Nobuo's face suddenly turned ugly. This is almost equivalent to giving the other party a sharp blade, if Zhong Shi makes an unreasonable request, he will never agree, but he is not in a hurry to refuse, and asks tentatively, "I don't know what kind of request?" I'm so sorry, I had to think about it! ”
It's just that Zhong Shi's next words made Nobuo Panyanagi dumbfounded, "As for the specific content of the request, I haven't thought about it yet. But you can rest assured that I will not make excessive demands, and secondly, the total amount of this request will not exceed $10 billion, that is, it will not exceed the market value of my current holdings of MUFG shares. Also, I will not harm the interests of MUFG. Well, with these three guarantees, do you think my request is more reliable? ”
"How could I not think that Zhong Sang's request is unreliable?" Nobuo Banyanagi smiled strongly, "I have always been a fan of Zhong Sang. I also believe that with Zhong Sang's reputation, ability and professional ethics, he will definitely not do anything that damages Mitsubishi UFJ. But what I don't understand is that wouldn't it be better if it came forward with the Tianyu Fund? ”
"All I need is a commitment." Zhong Shi was noncommittal, and explained lightly, "I just don't know when this promise will be used." Maybe when Mr. Panliu retires, I won't need this favor. I'm keeping this just in case, hoping to be able to use it when I need it. Of course, I hope that day will never come. ”
"Zhong Sang is really thoughtful, but I can't promise you for a while, I need to discuss with other shareholders!" Nobuo Banyanagi thought about it again and again, but in the end he didn't dare to agree on the spot, although he wanted to agree immediately, but the truth did not allow him to do so.
"No problem, I'm waiting for your answer at any time before the shareholders' meeting!" Zhong Shi raised his glass, touched it lightly with the other party, and drank it all, "But Mr. Panliu, don't really let me wait until that day." ”
"Of course! Of course! Nobuo Banyanagi suppressed the horror in his heart and replied unnaturally.
The reason why I was horrified deep down was because Nobuo Hayanagi thought of an American movie called "The Godfather". The mafia boss in the movie is borrowing other forces in a way that owes favors, and finally saves the day. And now, how similar is Zhong Shi's approach to that mafia boss?
Looking at Zhong Shi's face that was a little too young, Nobuo Banyanagi was confused for a while, and he couldn't taste the wine in his mouth anymore. (To be continued......)
PS: Thank you to the book friend Little Little Pig, Lan Yan _, Si Wu Evil '', Kamm God, it wasn't me last night, and the Buddha voted for the monthly ticket! Thank you for the heavy money reward of ymp200! The author also hopes that this month can be a good refuel, not as bad as before, but sometimes the idea still can't keep up, and now there is a lot of time invested in the idea, which I hope you can understand and understand.