Chapter 2003: Sony Crisis

Japan, Sony Headquarters!

The atmosphere in the conference room was so oppressive that it was breathless, and the expressions on the faces of every director were different.

There was helplessness, unwillingness, and anger, because Sony's market value had fallen below 33 billion USD, and each share had fallen close to 500 yen.

If it continues like this, if funds are not raised to protect the market as soon as possible, it will not be far from liquidation and delisting.

I don't know how long it took, Yoshioka Kunihiko took a deep breath and broke the terrible silence.

"Gentlemen, Sony has encountered an unprecedented crisis. What we need to do now is to raise funds to protect the market as soon as possible. If the situation is allowed to deteriorate, Sony will definitely be liquidated and delisted."

The small-mustached director's eyes were red, and he was the most angry about Sony encountering such a predicament. In his heart, Sony was very powerful and invincible.

But now, reality gave him a very loud slap in the face, beating his pride in Sony to smoke and clouds, he was unconvinced, and unwilling.

"If you want to support the stock price, you need at least 4 billion USD, but now major banks in Japan are unable to protect themselves, and it is difficult to provide such a huge amount of funds.

Even the central bank, which has been trapped by the bond market, cannot provide us with even a cent of loans. In addition, there is the government, which has also been messed up by investing 680 billion yen of public tax funds into the bankrupt Jusen company."

Watanabe Yasuto pressed the cigarette into the ashtray and looked at a young director.

"Mitsui-kun, Sony needs the help of the Mitsui Group."

The Mitsui Group is one of the largest groups in the world, and its predecessor was the Mitsui Zaibatsu ruled by the Mitsui family. Founded in 1673, it opened silk shops in Edo (now Tokyo) and Kyoto, and later operated money shops.

During the Meiji Restoration, the Mitsui family turned to the imperial court, funded the new Emperor system government to dispatch military food and military pay, developed into a political merchant, and was taken care of by the Meiji government, controlling the national financial industry.

In 1910, a general holding company was established, basically forming the modern Mitsui Zaibatsu. After the end of World War II, the direct and side companies and their subsidiaries belonging to the Mitsui Zaibatsu reached 273. The secret of Mitsui's success is to use the participation and investment of not more than 10% in resource-based enterprises at the top of the industrial chain as a lubricant to obtain long-term price control advantages for resource products.

Therefore, few people know that Mitsui is increasingly influencing the world economy through various secret channels, especially China across the water, such as the rare functional sugar industry.

Without the foresight of state-owned enterprises, fighting to catch up, the chess game laid out by Mitsui in the nineties would strangle the throat of more than 1.3 billion Chinese people's future healthy sugar.

Whether it is crops, mineral resources, or consumer goods, whether it is raw materials, intermediate parts, or terminal commodities, in all production, trade, and logistics links, Mitsui plays the role of a behind-the-scenes pusher.

Pushing its subordinate companies and affiliated enterprises to the front desk, constantly expanding the market, resources, and territory, seeking profit maximization, while hiding itself, just like the king in the shadow empire.

Currently, the Mitsui Group holds 9.7% of Sony's shares, and Mitsui Gen-no-suke represents the Mitsui family as a director of Sony. According to common sense, when Sony faces an unprecedented predicament, the Mitsui Group should provide assistance.

However, at this moment, Mitsui Gen-no-suke has a look of embarrassment.

"President Watanabe, this financial crisis has spread to the entire Asian region.

According to statistics, more than four hundred small and medium-sized enterprises in Japan have declared bankruptcy, and this number is still rising. At the same time, the Mitsui Group is no exception, also suffering heavy losses, and the capital situation is extremely tight.

For this reason, the board of directors is weighing whether to sell part of Sony's equity to alleviate the current predicament."

Hearing these words, not only was Watanabe Yasuto shocked, but other directors also changed their faces.

After all, the Mitsui Group has always been regarded as their last straw.

But now it is going to sell Sony stocks, undoubtedly giving them a heavy blow.

Facing such a situation, they felt incomparable despair.

"Mitsui-kun..."

Yoshioka Kunihiko wanted to say something, but was waved away by Mitsui Gen-no-suke.

"Yoshioka-kun, this matter is not something I can control, even if you beg me, it's useless."

Yoshioka Kunihiko's heart sank to the bottom. The Mitsui Group is a behemoth.

Even if it suffered heavy losses in this financial crisis, it would not hurt its muscles and bones, and taking out 4 billion USD would not be a problem at all.

But now the Mitsui family wants to sell Sony's shares, definitely not because of tight funds, but for other purposes.

Mitsui Gen-no-suke looked at everyone's ugly faces and comforted: "Gentlemen, don't be anxious first. Whether to sell Sony shares, the Mitsui Group board of directors is discussing. They definitely know Sony's predicament, so there will be results soon."

"Clap clap clap..."

The door of the conference room was knocked, Watanabe Yasuto took a deep breath and shouted.

"Come in!"

The door of the conference room was pushed open, a middle-aged man walked in, with a look of joy on his face.

"President, our stock has stopped falling, and there is a slow recovery."

The small-mustached director heard his words and stood up excitedly.

"Nani, is what you said true?"

"Hai!" The middle-aged man nodded heavily: "Director Nakata, what I said is absolutely true."

The words of the middle-aged man made the small mustache very happy, but others smelled a more dangerous breath.

After all, Sony's stock price has fallen into this grandmother-like appearance, and now there are signs of recovery, which clearly means that someone is buying at the bottom.

Just like what they discussed just now, if you want to protect the stock price from continuing to fall, you need at least 4 billion USD.

But now, the stock price has not only stabilized, but even started to rise slowly, which means that the other party has invested at least 4 billion USD.

Currently, Sony's market value has fallen below 33 billion USD, which means that the stocks held by the other party have exceeded 10%.

If these are retail investors buying at the bottom and planning to hold Sony stocks for a long time, there is no problem at all.

But if it is an institution or other capital operating behind the scenes, then the problem is serious.

"You—what's wrong with you, isn't this good news?"

The small mustache looked at everyone's increasingly ugly faces and was dumbfounded.

He really couldn't understand, the stock price has recovered, why are these guys still wearing expressions like their wives were wearing green hats. ===== CHAPTER 2004 =====

He truly cannot understand it; the stocks have already rebounded, so why are these guys still wearing expressions like their wives cheated on them?