Chapter 27: The Lost Decade (5)
In September 1990, the first financial scandal broke out in Japan, and the Itoman Bank, a subsidiary of the Sumitomo Foundation of Japan, failed to turn around, and on September 20, Japan's Ministry of Finance ordered Sumitomo Kai to allocate 200 billion yen to bail out Itoman Bank. Itoman Bank is a well-known bank in Japan, and this outbreak of the Turnover Failure Incident has shaken the whole of Japan and the international financial community!
However, while the Sumitomo Foundation was busy extinguishing the raging fire that had been ignited at the Itoman Bank, John Brown. Paulson grabbed a large number of Nikkei put warrants and approached Sumitomo Insurance, and the more than 1,000 trillion yen gambling contract caused Sumitomo Insurance to collapse all at once!
In October 1990, Japan's second-largest local credit union, the Chiba Credit Cooperative, announced its collapse, and the Pacific Bank and 11 other small banks ran at the same time, and Japan's Ministry of Finance ordered the Chiba Bank to rescue the Chiba Credit Cooperative. While a rescue team of fourteen large banks designated by the Ministry of Finance to rescue eleven other small banks, the Tokyo stock market plummeted to 16,776 points. Like a ghost, Paulson appeared behind the fourteen big banks.
Yasuda Insurance, Meiji Insurance, Nikdo Insurance, Asahi Insurance, Gongei Insurance...... Except for Mitsui, who had reached a preliminary cooperation intention with Juvenile COMIC in advance, the Japanese insurance industry, which is closely related to these 14 major banks, suffered a strong sniping from JR Investment on the same day!
In mid-October, Sumitomo Bank, the largest bank with the best reputation in Japan, broke out a financial scandal in which the director embezzled 200 million yen of public funds in violation of regulations to speculate in stocks, and the chairman of Sumitomo Bank, a well-known Japanese banking hero, Ichiro Isoda, was dismissed from his post!
At the beginning of November 1990, when the Japanese House of Representatives election was in full swing, the Japanese media led by the "Red Flag", TBS TV, and "Asahi Shimbun" exposed the shady scenes of the Japanese financial circles misappropriating Japanese national pension funds and gambling with financial giants such as Goldman Sachs in the United States.
In mid-November, former Japanese Prime Minister Noboru Takeshita exposed the inside story of the bribery of Fumio Abe, a member of the House of Representatives of the Liberal Democratic Party of Japan, and the inside story of the dereliction of duty case of Shinsagawa Kanemaru, president of the Liberal Democratic Party of Japan, and announced that he would break away from the Liberal Democratic Party of Japan and reorganize the Democratic Party of Japan.
At the same time, Masayoshi Takemura, Hidesei Tanaka and others announced their separation from the Liberal Democratic Party and formed the New Party of Japanese Pioneers!
In late November, "Red Flag Daily" and TBS TV successively broke the tax evasion case of Kanemaru Shin, president of the Liberal Democratic Party of Japan.
In early December, Toshiki Umibe broke away from the Liberal Democratic Party (LDP) and formed the Liberal Reform Coalition.
In the same month, Ichiro Ozawa and Takashi Haneda led 44 LDP members to quit the LDP and form the New Progressive Party of Japan.
The Liberal Democratic Party, which dominates Japanese politics, is falling apart!
The defective LDP lost a lot of popular opinion, and the ruling coalition led by the Socialist Party won 313 of the 480 seats in the House of Representatives, thus breaking the LDP's undefeated golden body! The leader of the Socialist Party of Japan, Takako Doi, became the first female prime minister in Japanese history, that is, the prime minister of the Japanese cabinet! And with her as the center, start forming a new cabinet! Nanako Tanaka was nominated to become Minister of Education, Culture, Sports, Science and Technology because of her good teaching children, which Jerry never expected!
On December 25, 1990, the Mitsui Foundation led the agreement meeting at the headquarters of BC Real Estate. In addition to the six major Japanese consortia, representatives of all 170 insurance companies involved in the Nikkei put warrant storm were all present! The final decision was made on a 10-year instalment of repayment.
Sumitomo Bank, Mitsui Bank, and Japan's Long-Term Credit Bank, which are on the verge of bankruptcy, announced a merger to form United Credit Bank of Japan, and JR Investment of the United States announced that it holds 83% of the equity of United Credit Bank of Japan!
So far, in the VAM war with the Japanese insurance industry, the King's Fund has won a big victory!
Japan is beginning to disappear for ten years!
March 1991.
Japan, Tokyo-ku, Minato-ku, Tokuma Shoten. …,
"Hello! Tokuma-kun! ”
"Hello! Miss Nanako! ”
For the arrival of Nanako Tanaka, Tokuma Yasukuai was not surprised at all. Due to the long-term loose operation of the Tokuma Shoten Group and the impact of the bursting of Japan's economic bubble, Tokuma Shoten fell into a situation where the capital chain was broken at the beginning of 1991. And the American JR Investment, which controls the United Credit Bank of Japan, took advantage of the situation, and the conditions were so generous that Tokuma Yasukuai couldn't let him refuse! The owner of JR Investment in the United States is the new Minister of Education, Culture, Sports, Science and Technology, Nanako Tanaka.
"Tokuma-kun, please don't be so restrained! Tokuma Shoten has been merged into Shonen Comic, but you are also the president of Tokuma Shoten, so as a senior in the publishing industry, you don't need to do that! ”
Tokuma smiled quickly, he is not a stereotypical person himself!
"Regarding this visit, I mainly want to discuss with Tokuma-kun about the future development direction of Tokuma Bookstore! I know that Tokuma-kun is also very familiar with the manga industry, so I have a jihua here! ”
Nanako Tanaka pushes a document over!
Tokuma Yasushi quickly took it, opened it and glanced at it, and then quickly raised his head, "Miss Nanako, this ......"
"Tokuma-kun, don't be surprised! It's something I've been thinking about for a long time! Especially after being elected Minister of Education, Culture, Sports, Science and Technology of Japan, this idea became even stronger! As you should know, I am also the leader of the New People's Party of Japan. So, on the one hand, I need to take care of the development of political parties, and on the other hand, I need to take care of the development of education in Japan as a whole, so I don't think I will have more time to take care of the development of publishing houses! My mother, Ms. Rumiko Tanaka, is now helping me with the publishing company, but she is proficient in finance, so I decided to ask Tokuma-kun to help me! ”
"But, Miss Nanako, even if that's the case, there's no need to merge and reorganize Shonen Comic and Tokuma Shoten?"
"Restructuring and merger is an imperative! The ultimate goal of Shonen Comic is to develop into a comprehensive publishing house! Unfortunately, the text book publishing department of Shonen Comic has always been a weakness, and Tokuma Shoten's text publishing can make up for this. Conversely, Shonen COMIC's manga publishing business can also make up for Tokuma Shoten! This is a very good thing for Shonen Comic, Tokuma Shoten, and the future of the Japanese publishing industry, so please don't refuse me! Please! ”
Nanako Tanaka's plea to bow down like this, Tokuma Yasukuai naturally has no reason to refuse!
Soon, news spread throughout Japan about the reorganization of Shonen COMIC and Tokuma Shoten into the Tokuma Shonen Publishing Group! ……,