The Supreme Golden Eye - Chapter 4 Japanese-style Consortium

Compared with South Korea, Japan's financial market is undoubtedly much stronger. Whether it is in terms of the total market value of the stock market, the number and strength of listed companies, or the strength of domestic large consortiums, South Korea is far from being able to compare with Japan.

You must know that four of the six major consortiums in Japan have already entered the threshold of large consortiums (with total assets exceeding US$5 trillion), and the other two are also leaders among medium-sized consortiums. This is something that only a few in South Korea can do.

It dominates the domestic market and is incomparable to small consortiums that can only be considered juniors in the international market!

Speaking of the Japanese consortium, their history is quite tragic. However, it is the twists and turns of history that created their special organizational structure. Compared with the aggressive American consortium, the Japanese consortium is much more low-key in the international market.

There are many, but if you want to use one word to describe them, "heavy sword without edge" is obviously the most suitable.

In a sense, the Nippon Consortium is a new type of family business. It no longer relies on the blood relationship of natural persons to define family members, but forms a new community of destiny based on the capital relationship between corporate legal persons.

Before World War II, Japanese chaebols were legal persons with well-organized groups and headquarters. After World War II, nominal chaebols were eliminated. After the promulgation of Japan’s Antitrust Law, more than 50% of shareholder holdings were no longer allowed, and families

The form of holding and family management is completely gone. The shareholders are very dispersed and the share ratio cannot exceed 5%. It has become a completely

The joint-stock structure. All the member companies gathered under the consortium only participate in each other's shares. It can be said to be a brother company, a "relative" relationship, but "dad" is no longer the general manager or leader. There is no "father-son" affiliation.

, there are no more administrative agencies such as "group companies" and "headquarters", and there is no organizational form of "consortium".

However, this is just a superficial phenomenon. It would be ridiculous to think that the little devils can be restricted so easily. In fact, in the decades after World War II, the Japanese chaebols have never stopped pursuing their past glory!

For the purpose of supporting Japan to deal with the Soviet Union and China, the Americans also turned a blind eye on this point and would not interfere as long as they did not go too far. Therefore, in view of the paranoid national character of the Japanese,

With help, a new consortium model was established.

Generally speaking, there are two types of consortium models in the world, one is the American style (this model is also a common model for most consortiums in the world), and the other is the Japanese style.

The core of the pyramid structure of American conglomerates is family holdings. Most of the company's shares are in the hands of one or a limited number of family members, and the company is completely controlled by the family.

Of course, the current situation has changed slightly, and some consortia are gradually allowing outsiders to enter management. However, whether it is family control or allowing outsiders to enter management, its typical American financial structure has never changed. This structure

The most obvious feature is that Qian Sheng

Money, as long as they control the core departments, they can sell off all other industries. When encountering risks or irresistible things, they will sell the company, then reassemble it, go public through a backdoor listing, and use money to make money. This model,

Capital accumulation is extremely fast, and of course the risks are also extremely high.

Of course, another characteristic of the American consortium is that it controls at least one absolutely dominant industry. For example, Morgan's finance, Rockefeller's oil, DuPont consortium's arms, etc. These are the real core industries of their consortium. They are more important than any other consortium's other industries.

No industry can replace it.

But this model has a fatal premise, which is the hegemony of its country.

The reason why American financial companies dare to play this model is that the United States has a dominant position in the world and uses the US dollar's global reserve currency status to issue banknotes. Therefore, this money-making money game can continue. Especially the United States launched

A floating exchange rate allows the world to pay for American companies.

American financial-style acquisitions are an extremely domineering and forced acquisition that uses funds or market operations. This kind of acquisition is relatively fast, convenient, and highly manipulative. It can especially take advantage of the fluctuations of the stock market to become invincible.

The reason why major investment banks in the United States are willing to do this is rooted in the "comparative advantage theory" that has been popular in the United States since the 1970s. The so-called "comparative advantage theory" is to sell off low-profit industries, leaving only high-profit industries.

The most profitable thing is undoubtedly finance, because it can use money to make money. Therefore, major investment banks in the United States are always happy to do this, often acquiring a company, and after going public for financing, the capital can be doubled dozens of times. This kind of empty-handed method

It is also regarded as the financial bible around the world.

But this has a premise, which is the strength of the United States and the status of the US dollar as the global currency reserve. Another point is that the United States has a very developed education system. It applies for more inventions every year than any other country in the world, and these inventions can be used by major American investment banks or capitalists.

Convert it into a concept, and this concept can be sold for money, used to go public, and use money to make money.

The acquisition actions of American investment banks are often direct and forced acquisitions of companies. As long as they achieve controlling shares, they do not care about management, cultural conflicts, market and other factors. Under this acquisition model, you cannot digest these things after buying them, and the subsequent costs will be

Far higher than the acquisition price. Some of the acquisitions that Huaxia companies tried to carry out after going abroad often failed or failed, mostly because they blindly copied American-style acquisitions without the support of Americans' strong positions.

.

This is the cleverness and cunningness of Americans, a tool that can automatically make money without production by relying on its own country's world power. In fact, Americans play many such tricks, and almost all financial derivatives are theirs.

Invented, exploiting the whole world through financial means and making billions of people work for them is the core essence of these people.

The structure of the Japanese consortium is different. After World War II, they have lost the qualification to use this method, so they came up with another form-the cross-shareholding model. The cross-shareholding model is a state of parallel connection.

Structure, it can be said that the various companies in the consortium will suffer losses and prosper together. Once one of its companies encounters a risk, other companies may be implicated.

The advantage of this is that it has a strong ability to withstand risks. Unless the other party is stronger than the entire industry chain, it will not be able to shake its foundation. The common characteristic of Japanese consortiums is that they are spread across all walks of life, involving a wide range of interests, and each has its own unique characteristics.

They are inextricably linked, and there are often dozens of core companies. It is very difficult to defeat them all.

Here we will talk about the Japanese devils’ methods to deal with the Anti-Monopoly Law. There cannot be an absolute shareholding of more than 50%, and even the share ratio of each shareholder cannot exceed 5%, right? It doesn’t matter, just find a group of agents to act as shareholders

, and then just control these agents! (Ling Shaonan found so many agents all over the world, and to some extent he was inspired by these devils.)

In fact, sometimes these chaebols don't even bother to find agents, and simply let family members hold shares separately. Later, they even simply ignore the Anti-Monopoly Law and keep most of the shares in the hands of the family head. Anyway, the whole

Japan's business and political circles are both in their hands. As long as the American masters don't say anything, will anyone still pursue them?

Another point to mention is that the acquisition actions of Japanese consortiums are also very different from those of American consortiums, and have very strong characteristics of Eastern thinking - they often let general trading companies go out first to make good deals with people and local governments.

Complete intelligence work and understand local resources and industry conditions.

After that, offices are established step by step, starting with trade, and then financial capital uses the intelligence power of trading companies to obtain investment information. Next, industrial capital is introduced, leading a group of companies to fight over, buying shares in local companies, setting up joint ventures or wholly-owned companies, etc.

In this way, you can completely control a company, gain recognition from the local government and people, and completely occupy this market.

What's more important is that in this process, not only are various enterprises constantly gathering resources and intelligence, but there is also financial support from the host bank behind it. Every step of the action is taken very steadily and without revealing anything.

, but accomplished everything in secret.

This method is like drizzle falling into the night, quietly pulling the local government and enterprises onto its own chariot. It is simply extremely sharp!

As for the effectiveness of the economic invasion method of the Japanese consortium, you only need to look at the status of Japanese wholly-owned or joint ventures that have sprung up in recent years. Although due to the historical hatred between the two countries and some current events, the private sector has

From time to time, actions to “boycott Japanese goods” will occur, and

There is "If Chinese people don't buy Japanese goods for a month, thousands of companies in Japan will face bankruptcy! If they don't buy Japanese goods for six months, half of the people in Japan will be unemployed! If they don't buy Japanese goods for a year, Japan's economic structure will completely collapse!"

Such remarks, but when have you ever seen Japanese products really boycotted and unable to be sold?

Regardless of whether this statement of containing the Japanese economy is reasonable or not, one thing can be confirmed, that is, it can never be truly implemented! Because the Japanese consortium has spent decades weaving a plan in China

The huge interest network, government officials, media, and enterprises all have their interest spokesmen. How can it be easy to challenge such a huge interest community?
Chapter completed!