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

Chapter 282 Beiyuan Automobile and Collapsed Agriculture
1990 12 Month 21 Day.

Fuji Bank, which belongs to the Fuji consortium, officially announced the complete withdrawal of capital from Yamaichi Securities, and required the fulfillment of Fuji Bank’s financing guarantee in Yamaichi Securities.

Losing the ultimate backer, Yamaichi Securities, which had many problems, was finally unable to support it. They operated securities business in Japan and concurrently operated banking business in Europe. After such a debt default situation, there is only one way to go——

The "voluntary waste business" stipulated in the "Securities Citation Law".

On the same day, Beiyuan Economic News, a subsidiary of Beiyuan Interactive Entertainment, published an article titled "Shanyi Securities: The Beginning and End of Independent Disposal".

Yamaichi Securities, one of the four major securities companies in Japan, which is in a desperate situation, convened an interim board of directors, formally decided to "self-dismiss business", and filed an application for suspension of business with the Ministry of Finance of Japan that morning.

This year coincides with the [-]th anniversary of the founding of Shanyi Securities, and the "century-old shop" rang the bell to close the store before the [-]th birthday banquet was held.

Yamaichi Securities is the largest of the companies that went bankrupt after the bubble economy burst. Its demise has brought an unimaginable impact on the entire Japanese financial industry. The loss of client assets and the disappearance of a large amount of supplementary funds have made people panic. What is even more frightening is that Shanyi Securities went bankrupt, with a total of 7500 employees facing unemployment.

The former president, Nozawa, apologized to the employees of branches all over Japan and their families via satellite, and was arrested and imprisoned. He will face more than 30 years of imprisonment. The same is worrying.

Daishowa Paper and Hanwa Kogyo have similar problems, but they are not related to associations like Souiya, and what they have is only financial risk, which does not go to the level of illegal crimes. The time for the two presidents to enter is a little shorter Some, and a large number of employees left over from the two closed companies can find new jobs through the market.

However, the benefits of the new job are very different from those of the original job. At this stage, the employment rate has plummeted, and a large number of college students who have just graduated have to compete with these old fritters who have been struggling in society for a long time. There is no longer the grand occasion of being snapped up by clubs as soon as you leave school.

The first front of the invasion of the economic winter is the problem of new jobs.

A large number of poorly managed clubs are facing bankruptcy and bankruptcy, and the better ones will also be reorganized, downsized, and the salary will be greatly reduced. Needless to say, it is a surprise that they will not be laid off.

There are fewer jobs, but more and more talents. Once a wave of employment difficulties forms, it will cause a terrorist blow to the entire country's economy.

The hottest real estate and financial industries in the past are now empty, and banking financial institutions are also facing an unprecedented crisis. This time, the number of social recruitment has dropped significantly.

On the same day, Daishowa Paper and Hanwa Kogyo declared bankruptcy, and the two presidents went to jail. All the resources and properties of the club were auctioned off, but the income from the auction could not make up for their losses at all. , all filled with previous public funds.

In fact, the Ministry of Finance and the Bank of Japan have made up for this loss by reducing the payment to the national treasury, but in essence they have shifted the burden to the people.

The only lucky one is Mazda Co., Ltd., which has the smallest internal problems and losses. After the former president went to jail, the club applied for independent bankruptcy. Under the government's public auction, Mazda Co., Ltd. was invested by Beiyuan for 5000 yuan. The amount of [-] million yen won!
Daring to take down this scarred automobile company during this period, Kitahara Sosuke's boldness once again shocked everyone in the investment community.

On this day, Kitahara Sosuke personally went to the Kyoto Department of International Trade and Industry to register a new company under Kitahara Investment - Kitahara Motors.

Kitahara Automobile Co., Ltd. integrated more than 20 automobile-related companies in Osaka, including Takeuchi Rubber, and created a brand-new automobile brand with the original Mazda as the core. Statues of gold are generally erected on the front of the car.

For Kitahara Motors, Kitahara Sosuke started to lay out the layout when he was in Osaka, allowing Takeuchi Rubber and other companies to rise from the humble beginnings, and experienced the baptism of fire and blood. Before that, they were sent to Mitsubishi Motors to observe and learn, step by step, and finally the pavement was completed. This is how Beiyuan Automobile, which is going against the current, came into existence.

Kitahara Sosuke had communicated with Takeuchi Kosuke on the phone before, and asked several of their old designers to design a practical car that is friendly to the people, practical and inexpensive. They soon had a new plan——

A new model named Wolf God was produced.

Regarding the name of the car, Kitahara Sosuke couldn’t laugh or cry, just like the Kitahara Shenlang Credit Bank. His initial thought was that it would be better to call it Kitahara XX, which is easy to understand and easy to remember, but the members of the board of directors all felt that Be more domineering and fit the style of the club, which is why you have these weird names.

He is too lazy to worry about these things. Anyway, after the later integration, these things will still be deleted and modified according to his intentions. For now, it will be like this for the time being. The wolf god is the wolf god. In Japanese, wolf and god are basically the same word. It looks a little weird when translated into Chinese.

Thinking of the conversation that Saito Ryohide and the other four had with him at the Yueguangzhuang party, Kitahara Sosuke felt very embarrassed. Now that the man has gone, the rest of the foundation has quietly become his property.

In addition, after Tao Taro gave up completely, he directly handed over the power of the Kyoto branch to Sosuke Kitahara. Since then, he has been the vice president in name and actually controlled all important departments of the branch. Cang Jie also started to solve it.

His idea is very simple. Lost money cannot be returned. The four clubs are finished. Whether it is a joint financing project or the 5000 billion yen sent out, there is no point. It is useless to entangle here. What they can do is to make up for this part of the shortfall with greater performance.

At the press conference a few days ago, the high-spirited Hosokawa put forward plans and ambitions for the development of new industries. Both the Congress and the government will vigorously support and promote the new troika.

His father-in-law shouldered everything with all his strength, giving the prime minister's cabinet a chance to breathe, and all the pressure and waves poured into Chino's house. The century-old wealthy family suffered a very heavy blow in Kyoto, and the prime minister's cabinet took this opportunity to want Then support the agriculture they are optimistic about.

pity.

On the day when Masato Chino left the house and retired from politics, a shocking case of economic losses broke out in the Kyoto agriculture controlled by the Chino family, and the agriculture they regarded as the last straw collapsed.

(End of this chapter)