Chapter 1970
The conference room was dead silent. Sony's financial fraud was exposed, especially since it was done by that group of bloodsuckers on Huaerjie; one could imagine what the other party wanted to do.
But what they couldn't understand was that even if Sony's size wasn't small, it wouldn't reach the point where the top ten investment banks would stare at it together, right?
Watanabe Yasuto seemed to see the thoughts in their hearts and continued: "It's not just Sony, but also Hitachi, Mitsubishi, Kobayashi Chemical, Toyo Tire, and more than ten other companies have all had problems exposed, and they are very serious."
At this moment, the old devils understood that Huaerjie's target wasn't just Sony, but the entire Japanese stock market, which made them breathe a sigh of relief.
If it were just aimed at their Sony, facing the top ten investment banks, they could only kneel down and beg the other party to leave them a breath.
But if the other party's target was the entire Japanese stock market, the government would definitely take action to protect the market. As for the final result, they could only leave it to fate.
In other words, since the other party had already held a press conference, it proved that the layout had been completed. Even if they wanted to do something, it was too late.
Watanabe Yasuto also knew that the situation was not optimistic. Of course, it wasn't that there was nothing they could do. Contacting banks overnight to prepare funds to protect the market was the only thing they could do.
At the same time, more than ten companies including Hitachi, Mitsubishi, and Kobayashi Chemical were all holding emergency meetings, but besides preparing funds to protect the market, there was no other way.
Time was too tight; they didn't even have the opportunity to hold a press conference to show the "craftsman spirit" and apologize to the people of the world.
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Beijing!
Yoshioka Kunihiko seemed to have lost his soul, slumped on the sofa in a dejected manner. When he learned that the financial fraud had been exposed, his head felt as if it had been hit hard by a heavy hammer, and he hadn't recovered yet.
And Koji Ichiro in front of him also had a pale face, standing there motionless. More than half an hour had passed, but he still hadn't figured out whether this matter had anything to do with Zhou Andong.
He didn't believe that this matter had anything to do with Zhou Andong. Indeed, Zhou Andong had huge influence in China.
But in the whole world, no, even in Asia, who knew who Zhou Andong was? How could he be related to the top ten investment banks?
But if it had nothing to do with Zhou Andong, why would he remind them to pay attention to Huaerjie's movements, and why would it happen so coincidentally?
I don't know how much time passed, but Yoshioka Kunihiko finally moved his head and said in a low but very powerless voice.
"Book a ticket for tomorrow; I'm going back to my country."
In this crisis, even if Sony could survive, it would be peeled off several layers of skin.
As for the Yuzhou Research Institute, no matter how fragrant it smelled, he couldn't eat it anymore, and he had no appetite to eat it.
"Hai!" Koji Ichiro nodded and turned to leave.
Yoshioka Kunihiko looked at the time; it was already past two o'clock in the morning, and there were less than eight hours before the Japanese stock market opened.
He was so anxious that he couldn't sleep at all, pacing back and forth in the room, and then took out a bottle of red wine.
He drank this bottle of red wine until dawn. Just as he got up to wash his face, the room door was knocked.
Opening the door, standing outside was Koji Ichiro.
"President Yoshioka, the ticket has been booked; it's the nine o'clock flight."
"Nine o'clock?"
Yoshioka Kunihiko was dazed for a moment; this was the time when the Japanese stock market opened. He hoped that the government had already made preparations.
Because he could also see that Huaerjie's target wasn't just Sony, but all of Japan.
If it were 1985, before the signing of the Plaza Accord, Japan could buy the whole United States, and they wouldn't be afraid.
But the reality was that by signing the Plaza Accord, Japan agreed to the devaluation of the US dollar.
Afterwards, a large amount of international capital entered Japan's real estate industry, stimulating the rise in housing prices.
By 1990 and 1991, several financial scandals occurred one after another, such as the "Itoman Incident," the "Fuji Bank Illegal Financing Incident," and the "Onoe Nui Incident" of the Industrial Bank of Japan.
By last year, due to the withdrawal of international capital after making profits, the Japanese real estate bubble driven by foreign capital burst, eventually leading to the total collapse of the real estate industry, companies went bankrupt one after another, and the bad debts left behind reached as high as 600 billion US dollars.
There was something even more serious that only business giants like them knew: because of the collapse of real estate, it had already triggered a serious fiscal crisis in Japan.
This time, Huaerjie's targeting of the Japanese stock market, even if the Japanese government tried its best to save the market, the economy, which had already been seriously injured, might be beaten to the point of never recovering.
The sky was getting brighter and brighter. Yoshioka Kunihiko didn't even have the mood to eat breakfast. He took people and rushed to the airport. When he arrived there, there were still two hours before boarding.
Originally, he hadn't slept all night and had drunk a bottle of red wine, his eyes were red, and coupled with the long wait, it made this old devil even more irritable.
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And at this time, the financial scandals and fraud scandals of more than ten companies including Sony, Hitachi, and Mitsubishi finally moved from Europe and the United States to the Asia-Pacific region, shocking everyone.
Speaking of "Made in Japan," perfect craftsmanship, excellence, and the so-called "craftsman spirit" had always been the shining labels stamped on it.
But now, what did they see? Was this "craftsman spirit" or "fraud spirit"?
It could be said that nothing running on the ground, flying in the sky, or floating in the sea could escape it.
It was related to everyone who bought Japanese products, and even more related to everyone's personal safety.
What was even more infuriating was that Kobayashi Chemical's fake drugs were exported to dozens of countries.
If it were just that there was no medicinal effect, it would be a little better, but some of the ingredients inside would kill people if eaten.
Especially those who had taken drugs produced by Kobayashi Chemical were all holding a newspaper, carefully looking at the drug names exposed on it.
For some who had already died, regardless of whether it had anything to do with Kobayashi Chemical, anyway, they had eaten the medicine they produced, and the family members had already decided to find a lawyer to sue.
But more people were thinking, were there only these dozen or so companies that committed fraud?
What was even more terrifying was that no one could guarantee that in the face of the next temptation.
Whether Japanese companies, including Sony and Hitachi, would still do things that put corporate interests above consumer and social interests.
Japanese giants' fraud exploded globally. Some were angry, and naturally, some were excited.
Japan's manufacturing industry had a huge crisis of trust, and a disaster in the Japanese stock market was about to come.
They smelled the scent of money. All financial institutions, large or small, including retail investors with keen sense of smell, all took action and stared closely at the Japanese stock market.
Everyone was full of confidence, because after the Plaza Accord, Japan's economy declined rapidly and had been sluggish.
By last year, the real estate market collapsed, the real economy fell into a downturn, began to turn into a depression, and the number of unemployed people in the country increased.
Under these circumstances, there was no reason not to tear a piece of meat off Japan.
End of Chapter
