The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 141
1990 6 Month 10 Day.

The Ministry of Finance and Banking Bureau officially announced the total amount of non-performing debts of 21 large banks in the first half of the year. 12 trillion.

The reason is still the total amount of bad debts that continue to accumulate and the stock price that continues to fall.

Yesterday, Sosuke Kitahara went to the Osaka Stock Exchange, where there were very few people. The average Nikkei stock price is now more than 1. Most of the stocks that are still strong are falling, and many of the stocks he is familiar with have disappeared.

Tokyo Industrial Bank has also fallen for more than two months in a row, and its off-book income has been shrinking.

He asked Kobayashi Kyoko to calculate that if the average Nikkei stock price fell below 21 points, the total off-book income of the 10 giants would be less than [-] trillion yen, which would be lower than the debt. At that time, these giants would have to distribute their profits Come out and fill your debts, or even start a reserve fund for relief!
In addition, the Bank Bureau also announced an important message.

The Bank for International Settlements regulation, which sets the ratio of the bank's own capital at more than 92%, will be implemented, tentatively scheduled for the end of [-].

The Bank for International Settlements is a syndicate formed by the central banks of Britain, France, Germany, Italy, Belgium, Japan and other countries, Morgan Bank representing the interests of the US banking industry, and Citibank in New York and Chicago. It was originally intended to settle German war reparations after World War I. After that, it became an international financial institution cooperating with the central banks of various countries.

To put it simply, it is a banking federation formed by the central banks of various countries with capital and shares, aiming at formulating some regulations and systems related to international financial business, and standardizing international financial business.

This regulation to be implemented at the end of 92 is to clarify the proportion of self-owned capital held by each bank that wants to participate in international financial business. Banks that do not meet the standard are not allowed to have international financial business. Confirm to what extent you can participate.

The 21 banking giants are naturally gearing up to enter the international business. In order to increase their own capital ratio, during the most prosperous period of the bubble not long ago, the Bank of Japan and the Ministry of Finance approved the inclusion of securities off-book income into their own capital ratio. law.

And now, it's time to reap the consequences.

The stock plummeted, and the self-owned capital was reduced instead, and the ratio dropped, which was very unfavorable.

As the deadline for the implementation of the regulations is approaching, the banking giants finally feel the pressure. They must quickly solve the problem of bad debts, and then do their best to rescue the market, so as not to let the off-book income decline any further!

Therefore, as soon as the Bank Bureau's announcement was issued, Kitahara Sosuke received the red head document from the head office board of directors from Saeko Sakurai.

They have formulated sprint goals and tasks for each branch, which are mainly divided into two parts——

Increase the financing amount of non-real estate loans, and clearly divide the performance indicators and distribute them to individuals.

Liquidation and handling of all bad debt problems, there are rewards and punishments, and it is also distributed to every employee.

To put it bluntly, they are in a hurry!

I'm really in a hurry now!

Before, I was able to relax and wait for the workers below to complete the KPI indicators, but now I can’t, the off-book income has dropped sharply, and my debts are still rising.

This new document is also very real.

No matter how deteriorating the situation is, the higher-ups above will always sway their legs, pat the table and wait for the front-line employees to deal with it. If they can't finish it, then I'm sorry, the problem is definitely not my policy, but your ability.

No, change!
If not, continue to replace!

If it succeeds, well, it’s because of my good guidance; if it fails, it’s bankrupt, and I have to cry bitterly at the press conference, saying that I have tried my best, but the staff is not good enough.
Just bow down and apologize.

Snapped!
The red-headed document was accurately thrown into the trash can in the distance by Kitahara Sosuke, and Saeko Sakurai, who was bending over to clean the office with her back turned to him, was taken aback.

He is the only one who dares to treat the documents issued by the board of directors of the head office like this.

"What's the matter?" Sakurai Saeko handed him the poured barley tea. Kitahara Sosuke contacted Dr. Edward a few days ago, and yesterday accompanied Sakurai Saeko to send the paralyzed Sakurai Ningko to the United States for recuperation.

This kind of thing can touch a woman's soft heart the most. She almost asked to spend the night with Kitahara Sosuke herself, but she gave up later. She put on the pair of earrings that Kitahara Sosuke bought from Ginza, becoming It became more and more beautiful and moving.

The ripe fruit is fragrant and pleasant, just waiting for the moment of picking.

She is willing to wait until he falls in love with her too.

"The new performance requirements issued by the board of directors of the head office. Our sub-branches have to liquidate more than 80% of bad debts before the end of the year. In addition, the new business requirements are 500 billion, which must be real estate loans." Kitahara Sosuke sneered, "The assessment is personal. In fact, even if the special financing project has reached a quota of 80 billion, it will not help."

The indicators assessed for individuals obviously have the meaning of targeting the Osaka Chuo District Branch.

"This is too much! 500 billion, how is it possible. There is also a liquidation rate of more than 80% of bad debts. By the end of the year, the total amount of bad debts will be at least 800 billion, and 640 billion will be liquidated."

Saeko Sakurai frowned. Having worked in the front line, she immediately realized that this was an almost impossible goal. No matter which one, they were driving the branch to a dead end.

"It's not completely impossible, isn't it just counting all the security guards and cleaning aunts, the financing amount per capita is 5 million for half a year." Kitahara Sosuke laughed. This amount used to be the goal of a classroom in the sub-branch for a month, but now 5 million per capita shared among all branch members!
This also counts the members of the informal establishment and the downstairs operation department!
This seems to be the worst plan. In case the off-book income continues to decline, and the average Nikkei stock price falls by [-] points, it will forcefully use new business profits to increase the proportion of self-owned capital.

"I have drawn up a new reward request, you and Ji Xiang will repair it again, and send it back to the finance department, audit department, risk compliance department, and human resources department of the head office, saying that it is Kitahara Sosuke's request, just kidding, let me clean up the mess , but also to improve performance to this level, without giving some decent rewards, is it to send homeless people?"

Kitahara Sosuke took a sip of barley tea, got up and ran to the refrigerator to get some ice cubes, he always felt that something was missing in the office, next time he needed a TV.

Maybe I can get a bed, and if I work too late, I can also spend the night in the office. In this way, wouldn't it be more appropriate to get a kotatsu?

Although summer is coming soon, after summer it will be winter, he is quite afraid of the cold.

Kitahara Sosuke told these thoughts to Saeko Sakurai, who smiled helplessly and nodded repeatedly, as long as he meets all his requirements, as long as he is happy.

That afternoon, Kitahara Sosuke's face was serious, and he criticized the immature request of the board of directors of the head office at the interim sub-branch meeting very indignantly, because he was used to his complaints against the head office, and he had long been familiar with him. With the character of counterattack, everyone behaved relatively calmly.

Kitahara Sosuke encouraged everyone, and then turned around and asked them to continue working on special financing projects, regardless of the amount of bad debts.

He also put away his lazy state, saying that he would personally help everyone deal with all bad debt issues, don't worry about this content, so that everyone can rest assured and continue to conquer various automobile manufacturing companies and other entities in Osaka.

Although Sosuke Kitahara was frightening when he first took office, and exiled nearly one-third of the staff at once, but he was really thinking about everyone and the branch. After feeling this, everyone was quite moved. Chicken soup, just bowed one by one and said that they would try their best to do business, advance and retreat with the branch, and live and die together.

Moreover, they felt quite guilty for leaving all the bad debt problems to Kitahara Sosuke alone.

After getting off work that day, the couriers of Beiyuan Logistics had sex and carried big beds into the sub-branch, and moved into Kitahara Sosuke's office. When they heard that he was going to work overnight, everyone felt even more admirable and guilty.

Then the next day, the courier came with a computer, TV, and a new sofa, and everyone's eyes gradually became dull, and then the more exaggerated kotatsu and dining table also came!

Kitahara Sosuke just spent a week leisurely in the office and apartment happily. The few express delivery outlets acquired by Itoman Co., Ltd. did extremely poorly, and public complaints boiled over. The General Affairs Department and the Trade and Industry Department had to pick up dozens of Complaint phone, Ito Wan Express is even called "turtle speed express".

The club logo was also painted as a big turtle being eaten by direwolves.

Unable to withstand the pressure, Itoman Express declared bankruptcy less than a month after its establishment. Kitahara Sosuke repurchased those outlets at a very low price. Employees who could not bear the loneliness and quit jobs before were re-admitted, but after returning to the furnace and rebuilding Distributed to insignificant departments and started from scratch.

Since then, Kitahara Logistics has completely established its dominance in the express delivery industry in Osaka. Yamato Transport, which has been eyeing it all the time, recently announced its withdrawal from the competition and focused on fighting in the Tokyo area.

On June 6, Kitano Ran, the president of Kitahara Logistics, announced that Kitahara Logistics began to enter the next metropolis—Kyoto.

Also on the same day, Kitahara Sosuke finally got the first batch of defectors.

Among the clubs that clamored to refuse to participate in the loan repayment project, there was the first wave of volunteers.

They are from River Valley Village.

(End of this chapter)