Reborn Tokyo Golden Age - Chapter 546
c545 A gluttonous feast
“Can’t you take a break? You still have to read information in the car~”
Hearing the caring voice of reproach around him, Bai Chuanfeng put down the information in his hand and smiled.
“I’m used to it. Everything has come together recently.”
With the advent of the Great Depression, Bai Chuanfeng became busier and busier.
Because a large number of companies have gone bankrupt or are in business crisis, this is a gluttonous feast for Shirakawa Kaede, who holds a huge amount of cash.
“I know you are very busy, but you should always take care of yourself. Be careful of myopia when reading information in the car~”
Tanaka Yuko took the document in his hand and put it aside, no longer letting him bury his head in a pile of information forms.
“Okay, listen to Yuko.” Bai Chuanfeng patted the back of her white hand and assured with a smile.
“Yeah~, be good.” Even though he is already in his thirties, he is heading towards his forties.
But Yuko Tanaka still occasionally shows a hint of playfulness. The combination of this cuteness and intellectual temperament has a unique flavor.
As if feeling Bai Chuanfeng watching her, Tanaka Yuko turned his eyes strangely.
“Hey, what’s wrong?”
It’s still the same pair of mini eyes, and their expressions are still fluid and changeable. Either cute, charming, or gentle.
Seemingly finding memories of her college days, Bai Chuanfeng held her in his arms.
“Senior sister has become a mother of four children in the blink of an eye~”
Hearing him call her “senpai”, Tanaka Yuko leaned her head on his shoulder, and memories flashed in her eyes unconsciously.
“Hey~, it’s all the fault of someone with evil intentions.”
“Haha~” Bai Chuanfeng couldn’t help but laugh.
“Speaking of which, Qingkong is already eleven years old. This guy is just like you before, becoming more and more out of tune.”
When it comes to children, Yuko Tanaka has a headache.
As he grows older, Xiao Qingkong becomes less and less worry-free.
The girl at the same table with him would be made to cry three times a day.
Not only did the school teachers return visits, but even the Kuhara family came to see Shirakawa Kaede.
For this matter, he came to apologize in person.
But, as long as it doesn’t exceed a certain limit, Bai Chuanfeng doesn’t want to restrict him too much.
As the heir to a chaebol, it is always more reliable to be naughty than submissive.
“Don’t worry about your children. They are already in junior high school. He understands some things.”
That being said, there is no mother who doesn’t worry about her children.
What’s more, in addition to Qingkong, he also has two twin brothers, and those two little guys are not fuel-efficient lamps.
Because there were too many things to worry about, Tanaka Yuko simply gave up struggling and began to close her eyes and rest.
Seeing that the person in his arms gradually became quiet, Bai Chuanfeng raised his gaze and turned to the window.
People are still coming and going on the street, and the ginkgo trees on both sides of the road are still standing there quietly.
The gentle sunlight passed through the branches and leaves, leaving patches of light on the car windows and on Bai Chuanfeng’s face, and then flashed quickly.
The buzzing sound of the car’s engine echoed vaguely in his ears, and Bai Chuanfeng couldn’t help but gradually immersed in his own thoughts.
It has been more than ten years in the blink of an eye, time flies so fast.
The senior sister became the mother of four children. When she became a father, she also built a huge family business.
Speaking of children, he has been thinking a lot recently.
Needless to say, Qingkong, after Yingqing graduates, Bai Chuanfeng will first place him in the Pioneer Pilot Investment Group in North America for a few years of experience.
After learning about foreign capital operations there, I returned to Neon to get familiar with Baichuan Holdings.
Of course, China is also indispensable. Beimi, Neon, and China will be the main territory of the Baichuan family in the future.
How can we make the decision that is best for the group without experiencing it for ourselves and broadening our horizons?
As for his younger brothers, they will most likely assist him within the group in the future to maintain the long-term prosperity of the family.
As for Yokohisa and Shirakawa Kaede from Matsuzaka Keiko, they have some ideas recently.
When the things at hand are finished, go and discuss it with her, and Xiao Huya too.
While Bai Chuanfeng was thinking a lot, the car slowly stopped.
“Shirakawa-san, we’re here.” Kojima in the front row reminded softly.
After coming back to his senses, Bai Chuanfeng nodded, and then gently pushed Tanaka Yuko.
“Hey, are we here yet?” She opened her eyes in a daze, still a little confused about the situation.
“Hai, let’s go.” Bai Chuanfeng said and got out of the car sideways.
Today they are here partly on business and partly on private matters.
The so-called official matters are related to an acquisition case, while private matters are also subject to the request of the other party.
“Shirakawa-san, it’s so rude that I bother you to make a trip.”
In front of a house, an old man with gray hair greeted Bai Chuanfeng warmly.
Especially after he saw Yuko Tanaka next to Shirakawa Kaede, his expression became even more excited.
“I would like to express my gratitude to Mrs. Baichuan for coming.” As he said this, the old man bowed formally.
“Wada-san, you are too polite. We are the ones who are bothering you.”
“Oh, it’s very rude to say this. When I saw Mrs. Shirakawa, I couldn’t help but think of my mother.”
The old man in front of me is named Kazuo Wada, and his mother is Kazu Wada.
The name alone doesn’t seem like a big deal, but many people have heard of their family’s Yaohan.
It is an international department store chain with numerous stores in 15 countries around the world.
Yaohan can also be regarded as a large supermarket chain, but it may be more famous for its widely known rumors.
As the founder of Yaohan, Kazuo Wada’s mother, Kazu Wada, has always been considered the prototype of the TV series “Oshin”.
Although she herself has never admitted it, this is almost the consensus among the people.
Especially since Wada Kazu just passed away last year, Wada Kazuo couldn’t help but feel emotional when he saw the former actor of Oshin.
Regarding Kazuo Wada’s sad look, Yuko Tanaka also said generously that it didn’t matter.
No matter what, the roles she has played before are still deeply rooted in the hearts of people today, which is a kind of affirmation for her.
After the two parties greeted each other, they entered the house. Kazuo Wada mostly talked about his mother’s past.
As for today’s official business, he rarely mentioned it. It seemed that in his eyes, this was the official business.
But after thinking about it for a while, he sighed and stopped talking.
“I’m sure if mother knew, she wouldn’t blame me. In this case, Yaohan will be left to you.”
As he said this, Kazuo Wada bowed and bowed again. In just one sentence, he decided who Yaohan would belong to.
Bai Chuanfeng originally thought that there would be some negotiations, but he didn’t know that it was over.
Originally, he didn’t have to come forward personally for such an acquisition, but the reason why he came here today was to comply with the other party’s request.
When the team of Shirakawa Holdings came to the door before, Wada Kazuo just said that he hoped to talk to Shirakawa Kaede in person, and it would be best to visit Shirakawa Kaede and his wife in person.
After learning the news, Shirakawa Kaede took the initiative to visit Yuko Tanaka.
So the scene before us happened. The negotiation was fake, but the reminiscing about the past seemed real.
Bai Chuanfeng, who had come back to his senses, also quickly returned the gift, “I would like to ask, how much does Wada-san plan to price Yaohan for?”
Although the other party agreed to sell Yaohan to Baichuan Holdings, it seems that the price has not been discussed yet.
“Let’s just follow your original offer~” A somewhat disappointed Kazuo Wada waved his hand, not bothering much about the price.
The price offered by Baichuan Holdings at the beginning was actually very reasonable, so both parties did not need to waste any more words.
Coupled with Yaohan’s current situation, it is obviously impossible to sell it at a high price.
Because of its rapid expansion and the impact of the bubble collapse, Yaohan also fell into a business crisis.
In particular, the relationship between itself and the main bank is not good, and it cannot get much loan if it wants.
The struggling Yaohan can only go to the stock market to issue additional shares to raise funds, but the current stock market is difficult to understand at a glance~
So Yaohan, who could not make ends meet, finally embarked on the path of bankruptcy and liquidation.
According to rough estimates, the other party’s liabilities are more than 110 billion yen, and the market value is about the same range or even less.
Shirakawa Holdings’ asking price is 20 billion yen, and its main focus is its retail channels and stores.
Baichuan Holdings also has a retail business such as Bailu Mall. Although the scale is not very good, if Yaohan is included, it can barely rank in the Neon rankings.
This consideration was the original intention of Baichuan Holdings to acquire Yaohan.
Now after just a brief meeting, it was so easy to win over Yaohan.
Tsk, the neon after the bubble burst is indeed a feast for some people.
Because it holds a large amount of funds, Baichuan Holdings also joined the feast.
Of course, those who take advantage of the opportunity to rob are Wall Street capital. They are out-and-out vultures.
Because Shirakawa Holdings’ basic stock is Neon, its appearance won’t be too ugly.
But those vultures don’t care about this. They will use any means to get the high-quality assets in their eyes.
Threats, scandals, and even pressure from the U.S. government are all available.
Baichuan Holdings has competed with them several times recently, and Baichuan Kaede is not afraid of the so-called American father.
This is your home court, why are you still afraid of them?
Besides, it is endless fun to compete with others. On the one hand, you can train your own team, and on the other hand, you can show your strength to your peers.
Selling it to foreign devils is not worth selling it to your own people, right?
Bai Chuanfeng, who transformed into a Japanese soldier, talked about patriotism with his colleagues. The moon is the brightness of hometown, and people are relatives of hometown~
Not to mention that this trick is very easy to use, after Bai Chuanfeng’s tossing.
Shirakawa Holdings used 10% of the book price to purchase non-performing real estate debt worth 12.5 billion yen from Mitsubishi Bank.
Then he purchased 1,200 apartments with a book value of 35 billion yen from real estate developers at one-third of the price.
In terms of financial products, Shirakawa Naganobu Bank purchased Sakura Bank’s real estate distressed bonds with a book value of 400 billion yen for 60 billion yen.
In less than a year, Baichuan Holdings bought more than 700 billion in real estate bad bonds and more than 500 billion in corporate loans.
And the funds he actually spent were only one-fifth or even one-tenth of its book value.
Earn money with blood, really make money with blood.
No wonder Goldman Sachs and Morgan Stanley swarmed toward the neon lights behind the bubble like sharks that smelled blood.
Who can endure the profits that are often times or tenfold? Bai Chuanfeng couldn’t help it either.
Of course, in addition to the real estate and financial industries selling non-performing assets, many industrial companies have also encountered operating difficulties.