The Kyoto Bubble Era: It started with selling off hundreds of millions of property - Chapter 585 Foreign Exchange Currency

“I have always firmly believed that the entertainment industry is the vital industry of a country. Education changes the future, and knowledge makes great achievements. Reading and studying can allow a person to increase his knowledge, hone his skills, and accumulate contacts. Whether a country’s entertainment industry is developed or not is closely related to that country’s development. potential.”

Kitahara Hide paused for a moment, with a solemn expression on his face, and said word by word,

“Many people believe that entertainment means not doing their job properly, and that movies, television, games, music, etc. are just rubbish products for people’s entertainment and play, and will only affect a person’s quality of life. But if your life is constantly involution from the beginning of the day, , consuming oneself, working like an ox and a horse, day and night, but getting nothing. When I get home, dragging my exhausted body, looking back at the day’s work, I feel empty and weak.”

“Do you find this kind of life interesting?”

Obviously meaningless.

“We need to add a little special interest to our lives, relax and have fun after work, and cleanse our souls. This is the real value and role of entertainment products. This industry cannot match the size or profit of this industry. The six major conglomerates didn’t care when industries such as finance and real estate were compared, but I didn’t think so, so after moving from Osaka to Kyoto, I began to work hard to support the entertainment industry that no one was optimistic about. “

“Now, more than a year has passed, and the prosperity of Kithara Entertainment is obvious to all. After Nippon TV was acquired by us, it has jumped from the bottom to the top TV station today. In the past year, we have produced twelve TV series that have both good reputation and ratings. We have countless singers and movie stars, including Japan’s No. 1 pop queen Izumi Sakai, No. 1 singer Akina Nakamori in the Showa era, and Japanese drama upstart Takuya Kimura. In the depression era after the bursting of the bubble economy, our entertainment industry did not So as it breaks, it thrives.”

“I believe that our entertainment industry will be even better in the future and will definitely become the third largest industry after service tourism and Gaoxing Technology!”

Thunderous applause.

Kitahara Sosuke’s speech made everyone realize that he really wanted to support Japan’s entertainment industry.

It’s not that this area doesn’t attract money, but compared with finance and real estate in the past, the size gap is too big.

The profits of the entire market are not as good as those of several major banks combined, which makes the six major consortiums uninterested and has always been in a semi-developed state.

Some of the leading clubs are generally controlled by middle- and lower-class wealthy families, and some are controlled by the Ministry of Education, Culture, Sports, Science and Technology. It was not until Kitahara Sosuke broke into this industry that the murky backwaters gradually gained life.

Last year, he spent hundreds of billions of dollars to acquire 30% of the companies in the entertainment market, becoming the only giant in the market.

The success of Kitahara Entertainment has made the six major consortiums envious. Six months ago, they launched their own entertainment companies one after another, hoping to get a piece of this market. Unfortunately, under a near-monopoly situation, their companies could only Eat the leftovers left by Kitahara Sosuke.

It still depends on whether Kitahara Aoi is willing to give them points.

Over time, the six major consortiums gradually gave up on this industry. Even if it seemed very good, they were still unwilling to invest capital in it and take a long-term view to catch big fish.

The technology industry is similar.

In 1992, Kithara Technology will launch its first self-developed computer, breaking industry barriers and injecting new blood into Japan’s technology industry.

This research and development plan also involves Microsoft, and the information is currently strictly blocked.

Outsiders only know that Beiyuan Technology has recently been moving closer to chip technology and wants to develop a third-generation personal mobile phone. Beiyuan Mobile Phone 2 series is still the most popular electronic product on the market, but the price is not low and it cannot be completely popularized.

The mission of Kitahara 3 Series is to bring mobile phones into the homes of ordinary people.

This was supposed to happen after 1995, but Kitahara Sosuke had to forcefully advance it by three years. If he didn’t have the ability to predict the future, he really wouldn’t dare to do it.

Other technology giants are still studying the content of Beiyuan 2 series. Beiyuan Technology’s research level is too high and has always been ahead of other domestic industries.

The most frightening thing is that Beiyuan Technology is still recruiting people crazily. In this economic downturn, it is poaching people at high prices and monopolizing many college graduates. It feels like it’s beyond reach.

Today on live TV, he announced that he will delve into the two major industries of entertainment and services, which undoubtedly put new pressure on other consortiums.

No one will feel comfortable watching the Beiyuan Consortium grow step by step.

“Another core point of the next five-year plan is foreign exchange currency.”

Kitahara Sosuke has been laying the groundwork for a long time, and finally can enter the formal stage.

Forex currency?

This term is not unfamiliar, but this industry is now almost untouched.

At the end of the bubble era, the yen plunged sharply, overseas hot money crazily compressed the currency market, and the stock and real estate markets, oil and securities, etc. were hit by thunderstorms one after another, turning Japan’s financial industry into a prostitute at the mercy of others.

The banking industry is now on the verge of collapse, and the six major financial groups are extremely busy.

The Sumitomo Consortium was hit the hardest. After Sumitomo Shigeki took power, he tried to give Kitahara Sosuke a showdown, and then lost again, so that the people of the six major consortiums no longer wanted to go overseas to compete for fame and fortune.

It was also during this period that Kitahara Sosuke founded Kitahara Securities overseas, with Kyoko Kobayashi at the helm. Today, its size is no longer among the four major securities of the past.

The financial industry, with the support of Beihara Bank, has always been a major advantage of the Beihara Consortium.

But so far, Kithara Sosuke has not sent anyone to invade the currency market.

To play foreign exchange, you must have a huge amount of capital to be able to compete with the international financial giants. You must have people, money, goods, and technology, all of which are indispensable.

Especially when it comes to currencies of other countries, many of them are supported by national governments, which is not something you can afford if you want to play.

In the past, when Sosuke Kitahara said he wanted to develop foreign exchange currencies, others would just think he was crazy.

But now, the Prime Minister’s Cabinet has changed. The person in charge is Hashimoto Ryutaro and the Hashimoto Cabinet in his hands. The staff is completely new. Most of them are his confidants. They control the power of several important positions. In addition, the House of Representatives and the Hashimoto Cabinet After the seats in the Senate were rearranged, most members naturally had a favorable impression of Kitahara Sosuke.

If the state helps in this area, it will no longer be a problem.

As for the original capital, no one dares to doubt that the Kitahara Consortium, with a size of 60 trillion yen, will have no money to play with foreign exchange currencies.

Not to mention technology and connections.

Kitahara Sosuke has his own group branches in the United States and Russia, and his voice in the international financial circle is greater than that of the six major consortiums.

The conditions are sufficient, but at this stage, we suddenly need to do foreign exchange currency business

No one can understand.