The Kyoto Bubble Era: It started with selling off hundreds of millions of property - Chapter 578 Destined

In the next two years, will Tokyo Daiichi Bank be pushed to the pinnacle of the times and become Japan’s number one throne?

Listening to Yamada Akatsuki’s speech, Owada Kenji felt that his own IQ was insulted.

After being promoted to the general manager, he immediately checked the financial situation of the bank. He had previously held the position of special manager and was not qualified to check the internal account information of the finance department. However, after a few insinuations, he already knew that the financial situation of the head office was very tight. situation.

When he actually saw the terrifying deficit report, Owada Kenji’s heart suddenly went cold.

The total loss of Tokyo Daiichi Bank in 1991 was as high as 1.4 trillion yen!

This is Japan’s largest bank, which claims to be backed by the Mitsubishi Consortium and does financial business that never loses money.

Nearly 1 trillion yen of this amount is due to the large amount of bad debts accumulated previously. Since the bursting of the bubble economy, Hara Tosan’s financial situation has been worrying. Almost all branches have countless loans that cannot be recovered, and many deposit customers have temporarily withdrawn money. As time goes by, the accounts become very ugly.

Among the more than a dozen branches across Japan, only the Kyoto Branch and Osaka Branch did not have a financial deficit, and the Kyoto Branch actually made a small profit.

This is also a major reason for disagreements within the Mitsubishi Consortium.

The original branch vice president of the Kyoto Branch was Kitahara Sosuke. The Osaka Branch was able to ensure no losses because of the efforts of the Osaka Chuo Branch to turn the tide and the industrial business vigorously promoted by the Osaka Nishi Branch received good returns.

Kitahara Sosuke was born in the Osaka Chuo District Branch. Even though he has no longer worked in the Tosan system, there are still many of his direct employees there. As for the Osaka Nishi District Branch, the former branch president is now the president of Kitahara Securities, Japan The first female bank president, Kyoko Kobayashi, was only 26 years old.

In order to suppress Kitahara Sosuke, Shirakawa Takashi teamed up with Takeshita Nobu to put pressure on the Osaka Nishi branch and forced Kobayashi Kyoko to resign. Looking back now, it was a very stupid decision.

If Shirakawa Takashi was still alive, the senior management of the Mitsubishi Consortium in Tokyo Daiichi would still take it into account, but since he had turned into a box of ashes, there was no need to care about his opinion anymore.

Judging from the financial statements, Kitahara Sosuke is undoubtedly the person most likely to turn the tide among the current top executives in Tokyo.

Even Owada Kenji had to admit this.

This is also a disadvantage that he tries to avoid.

Unexpectedly, Kithara Sosuke seized the opportunity and pointed out his biggest flaw.

Owada Kenji carefully recalled the content of his speech, which mentioned several fanciful plans, such as heavily involved in foreign exchange transactions in the current extremely poor international environment.

Anyone with a little bit of financial knowledge knows that Japan’s domestic finance is now in shaky shape. The domestic stock market was ruined by overseas hot money, and the real estate market was collapsed by its own people. If it fails to use foreign exchange again, it will be doomed.

This is just painting a pie for people who don’t understand finance.

The big guys sitting in the audience are all talented people who have experienced many battles in the banking and financial industries. To be able to enter the No. 1 board of directors in Tokyo, three major conditions are indispensable: strength, luck, and background.

They also fell into deep thought. Faced with Yamada Xiao’s eloquent talk, almost no one believed that the content of the speech would come true.

But the real writer of this speech should be the young man who smiled and said nothing and remained calm all the time.

This requires them to pay close attention to it.

Along the way, Kitahara Sosuke established the Kitahara Consortium with a total asset of nearly 60 trillion yen with only a few properties and stocks. He never missed a single crucial decision.

This is not luck.

Now no one dares to doubt his talent and vision in the financial economics industry.

Yamada Akatsuki felt that this less than 20-minute speech was the longest period of time in his life so far.

Being stared at by countless big bosses and reading out words that even he himself didn’t believe, he wouldn’t dare to stand here without Sosuke Kitahara’s support behind him.

“Everyone, my speech ends here!”

Heaving a sigh of relief, Xiao Yamada’s hands were sweating as he held the speech tightly.

There were applauses one after another, and he walked off the stage amidst the strange gazes and came to stand behind Kitahara Sosuke.

“Then, let’s start voting for the vice president election now.” Owada Kenji didn’t want to give Kitahara Sosuke a chance to win people’s hearts with his speech, so he decisively started voting directly.

The appointment and assessment of the vice president of the head office are very stringent. Candidates must go through numerous screenings and face assessments from more than ten core departments of the head office. Only after passing can they stand here to give a campaign speech.

After the speech, all members of the board of directors voted directly by a show of hands. This was a real-name vote to prevent some people from making small moves in secret.

The real-name system means that you must consider the consequences of false voting.

If the new vice president is not the person you selected, your position on the board of directors will be in jeopardy after he takes office.

Kenji Owada continued: “Then, directors who approve of Xiangjun being the vice president, please raise your left hand; directors who approve of Xiaojun being the vice president, please raise your right hand. The executive director will be counted as half a vote, the formal director will be counted as one vote, and the executive director will be counted as one vote. It will be counted as two votes, the special representative will be counted as three votes, and the general manager will not be counted as a vote.”

After he finished speaking, he looked at several general managers and executives. These people were all direct relatives of him and the Mitsubishi Consortium. As for Kitahara Sosuke, his current position was only that of director and he only had one vote.

In real-name voting, his advantage is far greater than that of Kitahara Sosuke.

“Three, two, one, voting begins!”

Yamada Xiao felt uneasy and glanced at the entire audience.

He didn’t know how many people Kitahara Sosuke had bribed. In this election, Kitahara Sosuke didn’t even give him a speech in advance. He could only wait for the results quietly and pray that Kitahara Sosuke wouldn’t lose.

Kenji Owada and Sosuke Kitahara sat at the front. Sosuke Kitahara raised his right hand almost as soon as he finished speaking.

All board members also raised their hands at the same time.

This is a fateful moment.

The voting results are out!

“what happened?!”

Owada Kenji almost jumped out of his chair. Looking at the election results, a ridiculous and reasonable feeling came to his heart.

Won’t lose, won’t lose, won’t lose.

He kept reciting this sentence silently in his heart.

But the result hit him hard in the face.

The candidate’s head office manager was also stunned.

The same stunned expression appeared on Yamada Akatsuki’s face.

All right hands.

He saw no one supporting the rival.

Obviously there were still many people who had doubts during the speech, but during the official election, they all followed Kitahara Sosuke extremely firmly and voted for Yamada Akatsuki!

“It’s great to congratulate him. He was elected unanimously. There is no objection to this result, right?” Kitahara Sosuke said.

He looked at Yamada Kenji jokingly, then turned back to congratulate Yamada Akatsuki,

“You have to work hard and don’t live up to the directors’ expectations of you, Xiaojun.”