Reborn In Hong Kong: The Tycoon Grows Up - Chapter 1731
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Chapter 1731

Hearing Toyofu Mitsui's analysis that the Bank of Japan is about to raise interest rates shocked everyone at the scene. Not to mention how much real estate the company buys, each of them holds a lot of real estate; basically they operate through leverage. If once the property falls, it is likely to lose everything, or even take on a debt.

Mitsui Nakaichi didn't expect his son to say so much. It seems that he still needs some experience. This is not the time to express his position easily, many people will think that he is going to do something out of it. Although his father is the patriarch, he has a unique position in the family; but after all, he is 90 years old and has a few more years to live.

Even if I live to be 100 years old, I look good now; it is hard to say whether I will be confused in the future.

Although I didn't say it directly, it ended with the decision of the elders. But it's very obvious inside and out; the Bank of Japan is about to raise interest rates and take other measures; the Mitsui family must find a way to solve it, and can't sit still.

At the same time, the information disclosed to the outside world is also to quickly sell part of the property, otherwise it will be lost. No one knows better than him what everyone in the family thinks; this is a group of masters who will take advantage of everything.

The properties in their hands are waiting for appreciation, how can they be easily sold; and for them, selling now is a major loss. Basically, it is a loan to buy a house, even a set of real estate mortgages several times; the worst is a revolving mortgage; in short, if the house price rises, you will make a lot of money; but once the house price falls, you will be embarrassed and likely to lose everything. .

Seeing that everyone did not speak, Mitsui Takamori said in a low voice: "The important family affairs are left to you to manage. I am very pleased to see the Mitsui Group continue to grow stronger. But now a Japanese bank raises interest rates and can You're so scorched, you don't even have any countermeasures; is it all superficial prosperity; the numbers are just good."

"The Mitsui family has been standing for 400 years, starting from the shogunate era and experiencing Japan's defeat in World War II during the period; the family is still prosperous. Now the Bank of Japan suddenly raised interest rates, which has made it so unbearable. Is it the ancestor Taiyingming Shenwu, or we too Incompetent."

"I always emphasize that the business is for the Mitsui family's sake; stability is the first priority; as for a business that is heavily invested in, it is absolutely impossible to do it. As long as the advantageous projects are managed well, it is not difficult to prosper for 400 years."

"But you are lucky, you have invested a lot in real estate; even using high leverage, is it because the current house is not enough to live in? Everyone is better than anything if he manages the part he is responsible for;

"Today I have to give a statement, if the bank raises interest rates; the stock market and the property market fall sharply, what is the limit you can bear; no one is allowed to leave unless you tell the truth. For those who do not tell the truth, whether it is life or death, the family will never to help."

As a 90-year-old old man, he has rarely participated in the specific affairs of the various branches of the family. Today's attitude makes them feel both familiar and unfamiliar. Familiarity is because Mitsui Takamori was also a cold and strict person before, and his state is almost the same as today.

Unfamiliar because with the rapid development of Japan's economy, the wealth of the Mitsui family is rising every year; there has been no comment for at least 20 years. As long as the family members think it is feasible, they will basically not stand up against it.

Seeing that everyone was afraid to speak, the first shot was shot; the big family was involved in the distribution of huge amounts of property, and the feelings between the brothers were not so harmonious. Some people can't wait to step on their brothers to climb up, how can they expose their shortcomings.

Mitsui Nakaichi knew that at this time he had to stand up and take a stand; as the future heir of the family, he must have his own responsibility. Of course, if the family didn't save him, he would probably be in the cold; it was a matter of life and death, and he couldn't hide it at this moment. So he said directly: "At present, the main loan customer of Sakura Bank is the real estate field. If the house price falls sharply, it will lead to a lot of bad debts in the bank."

"At the beginning, everyone thought that Japanese house prices would only rise and never fall; that's why they took all chances. At present, 85% of bank loans are in real estate-related industries. If the Bank of Japan promulgated a policy of raising interest rates to cause house prices to fall; then Sakura Bank There will be heavy losses, and even lead to a serious decline in assets.

"As for me, I have also purchased 40 large and small real estate properties, mainly in the Tokyo area; the current market value is around 380 billion yen, but 300 billion of them are loans. If the house price falls by half, it will lose 1500-2000 more than 100 million yen.

Hearing this, everyone sucked in a breath of cold air; I didn't expect this kid to play so much, it's really getting closer to the water.

Sakura Bank is currently the number one bank in Japan and the second largest bank in the world; with total assets exceeding US$400 billion; it was formed by the merger of Mitsui Bank and Sun Kobe Bank.

Because of the relationship of the Mitsui family, Sakura Bank's domestic strength must not be underestimated. And dare to use the national flower name, if the strength is not enough, it is estimated that the public will not agree.

As the heir to the family, Chuichi Mitsui is naturally in charge of the most important core industries. Sakura Bank, one of the family's 25 companies; the number one company should be managed by him.

I didn't expect this kid to play so hard, with 50 billion yen in assets, leveraging 380 billion fortune. Not even with bank support. If they are like him, in case of trouble, or an economic crisis; it will be strange if the bank does not go bankrupt.

Mitsui Takamori did not expect that his son was so courageous. Before taking over the bank, he repeatedly emphasized that the loan of any single industry must not exceed 30%; otherwise, the industry will be in recession; then the bank will inevitably suffer heavy losses; even the family cannot bear the result.

But it's better for this kid, he just ignores his own words; 85% of bank loans are related to real estate. Once house prices fall, or there is a market downturn; how should the Mitsui family respond?

And he also took the lead in violating the regulations. With 50 billion yen of his own funds, he wanted to leverage 300 billion in wealth. What is this concept? If you are not careful, you will fall into the abyss.

Don't think that it must be taking advantage of the management of Sakura Bank. Even if other banks are crazy; they would not dare to lend in this way. Even if the Mitsui family agrees to lend, the interest is too much for ordinary people.

The head of the bank, cannot lend to the managed bank; this sentence is left behind again. It seems that this son is really not suitable to be the heir, otherwise the family will be defeated by him.

This is to avoid using power for personal gain; it is the safest way to make money through family holdings and dividends. Assuming that all members of the family only care about personal interests; then it is very difficult for the Mitsui family to continue; it is even impossible!

Now his own son, the future heir of the family, has blatantly violated the rule that he cannot benefit from the company he manages; if he is not punished, what credibility is there to speak of.

As the patriarch, one cannot keep a bowl of water level; the rest of the family may not necessarily obey orders.

Takamori Mitsui thought for a moment and said: "Misui Chuichi is no longer suitable to continue to manage Sakura Bank. As for who to manage it; we can wait until after the meeting to decide. The first task is to find out how much each of the family's subsidiaries is involved in local real estate and the stock market. in the transaction."

Don't look at the old guy is 90 years old, but the ability to solve problems; still can not be underestimated, even very old.

Who managed the Sakura Bank was ultimately handed over, and did not say; even Mitsui Chuichi's position was not revoked. But it also sent a clear signal to everyone that mistakes must be punished; even as a family heir.

Mitsui Nakaichi explained it so clearly, do you still dare to hide it. If it is discovered by the family, not only will the explanation be unclear; it may be impossible to save.

There is not much else in the big family, but there are definitely many children. What about Mitsui Zhongyi as the heir, similar to him; there are several others in the Mitsui family, all of whom are qualified to hold the power of the family. It's just that the ranking is high and low, and it is irreplaceable.

In fact, Chuichi Mitsui was worried about his father's righteous destruction of his relatives, regardless of himself; he let it fend for itself. If that's the case, such a big hole cannot be filled by himself. It doesn't matter if he loses his inheritance, the son has grown up. And there are only a few people in the family who are qualified to inherit, and they are not clean, they are not better than themselves!

Everyone looked at each other, and it seemed that it would be difficult to leave without telling the truth today. But to give up like this is really unwilling. It is speculated that the Bank of Japan may raise interest rates, and the specific policy has not been promulgated; even if the Bank of Japan has issued relevant regulations, the current real estate price and scale can be obtained; if everyone unites, there may not be any chance at all.

The person in charge of Mitsui & Co., Ltd., UU Kanshu www.uukanshu.com Mitsui Zhongyuan thought for a while and said, "It's just a sign, everyone is just guessing randomly; there is no factual basis; are we a little too nervous."

Hearing this, everyone leaked an unbelievable expression; I wondered if your brat was too bold, and I didn't see that even Mitsui Nakaichi confessed; don't know what the patriarch meant. But on second thought, with the shrewdness of the old boy, he shouldn't be so stupid; he must be dissatisfied and deliberately challenge the authority of the patriarch.

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