Tokyo Bubble Life

Chapter 1579 I Understand Everything!!

The policy committee of the Central Bank of Japan is holding its first meeting of the first year of the Heisei era.

Normally, this meeting should have been held long ago. However, due to the Emperor's death, it was postponed for a week.

After announcing the start of the meeting, Central Bank Deputy Governor Yasushi Mieno didn't waste any time with pleasantries and went straight to the point:

"Gentlemen, it's time to truly begin the interest rate hike plan that we discussed last year!"

At this moment, the governor of the Bank of Japan, known as Satoshi Sumida, spoke up:

"Mikoto Mieno. The Emperor has just passed away, and the entire nation is in mourning. Wouldn't an interest rate hike at this time cause economic instability?"

In terms of his conduct, Sumita Satoshi actually belonged to the moderate faction. As someone appointed to the bank by the Treasury Bureau, he did not advocate overly impulsive monetary policies to avoid causing major social unrest.

However, within the Central Bank of Japan, Sumida Satoshi has essentially been sidelined. Capital always has its own ideas, and it doesn't want to be controlled by the government.

Yasushi Mieno is the representative of Japanese financial capital at the central bank.

"This distorted economic prosperity needs to be corrected as soon as possible!"

Mieno Yasushi, however, spoke with a firm tone.

"President Sumida, do you know Kyukyodo in Ginza?"

Kyukyodo in Ginza is the core store of the century-old Japanese traditional incense and stationery brand in Tokyo, and is known as "Japan's Eihosai". It is a very representative store.

"Forehead"

Sumida Tomoyuki didn't know why Mieno Yasushi suddenly brought up an old incense stationery shop.

"Of course I know that~"

Mieno Yasushi continued, "..."

"Currently, the asking price for Kyukyodo storefronts is 108 million yen per square meter, and it's still rising rapidly. Do you know what that means?!"

The people present were all financial experts, and they quickly calculated the exchange rate in their minds: approximately $90 per square meter. That's almost a million dollars per square meter!

Even those accustomed to financial figures couldn't help but gasp in astonishment.

The land prices in Ginza are enough to buy up New York City!!

"This is just the most attractive exception!"

Mieno Yasushi said.

"Land prices and stock prices in Tokyo are all abnormal!! They've even become detached from reality!!"

"."

After all, as the government's representative in the banking sector, Satoshi Sumida was well aware that the announcement of such a policy would have a huge impact on Japan's economy and could even cause huge fluctuations in the stock market and real estate market.

However, Mieno Yasushi, the vice president in charge, spoke righteously and sternly at the policy decision-making meeting, seemingly occupying an indisputable moral high ground. This left Sumida Satoshi, who had been sidelined, speechless!

Just as the policy decision-making meeting was about to be persuaded by Yasushi Mieno, Tomokazu Sumita suddenly thought of the "bubble bursting theory" that Tree Friends Capital had been promoting last year.

"Triple wild mulberry."

Sumida Satoshi began to speak.

Have you heard of TreeFriend Capital's "bubble bursting theory"?

"TreeFriends Capital?"

Yasushi Mieno had naturally heard of Shuyu Capital. It was an investment institution that could turn the tide during a stock market crash, and even managed to get the new prime minister to plead for them in the United States. The entire Japanese financial circle regarded Naoki Nagayama of Shuyu Capital as a genius investor!

However, at this point, Yasushi Mieno would not abandon his plans based on the predictions of an investment firm:

"The bubble burst theory has some foresight, but it's an exaggeration!"

"But."

Sumida Satoshi said,

"The idea that changes in banking policy, as mentioned by Shuyou Capital, will trigger a bubble burst—isn't that exactly what Mieno-san is pushing for?"

"."

Mieno Yasushi was momentarily speechless at this, but quickly came up with a reason:

"My original plan was to implement a tightening policy to cool the economy, which will naturally cause minor economic fluctuations. But those are just technical adjustments! They are necessary!"

Sumida Satoshi seemed to have found a fulcrum:

"However, this adjustment will cause many businesses to go bankrupt and countless families who bought homes with loans may be unable to repay their loans."

However, at this moment, Mieno Yasushi had regained his firm tone:

"This is an unavoidable collateral loss, but..."

"A society where salaried workers can't afford a house even after a lifetime of work is abnormal!!"

"That's why we have to adopt a tight monetary policy to cool down the economy and curb the continued rise in land prices."

"Leaving it unchecked will only create a bigger and bigger bubble!"

While there's still time to salvage the situation, let's burst the bubble early and achieve a soft landing!

"."

A whole set of sales pitches

Listening to this guy's words, Sumida Satoshi knew that an interest rate hike was inevitable! And a tightening of land loans was also unavoidable.

As he expected, at Mieno Yasushi's request, the bank's policy decision-making committee held a collective vote, and everyone agreed. After all, each party was essentially a representative of capital.

However, he should at least try to struggle:

"Gentlemen, His Majesty Emperor Hirohito will be buried at the end of February, and representatives from various countries will be attending the ceremony."

"It would be best to announce this policy after this funeral!"

"Otherwise, if the world sees Japan's economy faltering and its social environment fluctuating, then Japan's national dignity will be tarnished."

When it comes to matters of face, Mieno Yasushi and others have to consider things carefully, otherwise being accused of "losing national dignity" would really implicate their families.

"Mr. Cheng Tian is right!"

Mieno Yasushi nodded.

"It's just right. Before releasing this news, we need time to build public opinion and allow the public to prepare psychologically."

Let's make the official announcement in March!

"Okay~~" XN

After the decision-making meeting ended, Sumida Satoshi walked out of the meeting room with a heavy heart.

After sitting in his office for a while, he decided to make a call to Tibet Province to remind them to pay attention to the economic changes.

另外

Sumita Tomo then thought of Tree Friends Capital and their "bubble bursting theory".

"Should we find an opportunity to talk to the person in charge at TreeFriend Capital?"

"Given the inevitable bursting of the bubble, how can the economy recover quickly?"

"."

Meanwhile, at the Tree Friends Building...

"In a closed-door meeting following the previous 'bubble burst' report, Kishida Shunsuke, Director of the Securities Bureau of the Ministry of Finance, did indeed express some dissatisfaction with Shuyu Capital."

Naoki Nagayama was still somewhat confused as he listened to Genta Nakai's account over the phone.

"But even if there are some grievances, it shouldn't warrant taking action against Tree Friends Capital, right?"

"unclear"

Kenta Nakai, speaking into the microphone, was also pondering.

"Perhaps he believes that Tree Friends Capital is taking the opportunity to short the Japanese stock market? And he is unhappy about it?"

After stating this conjecture, Nakai Genta immediately contradicted himself.

"No, this shouldn't have come to this! He's the director of the Securities Bureau. There are plenty of people shorting the stock market."

"Autumn beans and sacks."

Naoki Nagayama suddenly interrupted Genta Nakai.

"Director of the Securities Bureau, is this the later part of your term?"

"This"

Nakai Genta also paused for a moment, then seemed to quickly ask someone before continuing.

"Yes. Although there is no strict term limit for the Director of the Securities Bureau, the Minister of Finance was also replaced after the new Prime Minister took office."

"I see!"

The Ministry of Finance is equivalent to the Ministry of Finance. After Tagako Doi came to power, the Minister of Finance changed, and she had to place her subordinates in key departments.

The heads of each bureau were deeply entrenched and difficult to remove, and the former head of the Securities Bureau, Shunsuke Kishida, was in a very dangerous situation precisely because of his poor handling of the stock market crash.

At such a time, Tree Friends Capital, which made a fortune against the market trend during the stock market crash, was already a thorn in their side, and was even loudly proclaiming "the bubble is bursting," causing the stock market to continue to fluctuate.

"Tsk tsk tsk If it were me, I'd teach Tree Friends Capital a lesson too!"

Naoki Nagayama sighed, then asked,

"Yuanta-san, has Kishida Shunsuke ever targeted Tree Friends Capital?"

"It's not that Tree Friends Capital has almost no money left in its accounts; it's all been used to buy government bonds!"

Nakai Genta pondered deeply, as if he had just realized something.

"By the way, I think Yasuhiro Kajiwara, the chairman of Daiwa Capital, mentioned that someone from the Securities Bureau had inquired about our little circle."

An investment circle surrounding TreeFriend Capital has made a lot of money in the past two years, which seems to have attracted the attention of regulators!

"Oh, I see! I understand now!"

Naoki Nagayama nodded and said to Genta Nakai,

"Yuanta-san, do some research on Kishida Shunsuke. I feel he's not very friendly towards the tree spirits."

"Hey, I get it!"

After hanging up the phone, Naoki Nagayama looked at Hirotomo Yoshimura and Shuichi Itō, who had been listening the whole time.

"The Kishida family seems to have members of parliament now, right?"

"Hi, Fumio Kishida, Hiroshima congressman, a key member of the Koichikai, and former Parliamentary Vice-Minister of Education in the Nakasone Cabinet."

Shuichi Itō was very knowledgeable about the important factions in politics, especially this member of the Education Department who had previously served as a member of parliament.

"Following the Recruit case, the previous cabinet collapsed, and Fumio Kishida also stepped down from his post, but he remained very active in the Diet, raising many questions about the cultural industry section of the budget."

"It's also related to the Ministry of Education."

Naoki Nagayama stroked his chin, feeling he was getting closer and closer to the truth.

"As expected, Japan is a feudal society!"

The Kishida family has members in the financial world, the cabinet, and the Diet, and all of them are high-ranking members. This truly embodies the rigid class system in Japan!

"Naoki Mulberry".

Yoshimura Otomo spoke first.

"So, Kishida Shunsuke is the one in the financial world who's going to take action against Shuyu Capital?"

"Most likely."

Naoki Nagayama nodded.

"Pressure was exerted in the political arena, with Doi Tagako asking me for money, and the investment community also had regulatory backing."

"I suspect they just want to find evidence of Shuyou Capital manipulating the stock market, and then freeze Shuyou Capital's funds or something like that."

Just as he was speaking, Naoki Nagayama's mind suddenly went blank as fragments of memories flooded back.

In the early stages of the bubble burst in Japan, a series of financial scandals emerged, including the case of the four major securities firms colluding to manipulate the stock market.

In the end, all four major securities firms were ordered to cease operations, fined, and forced to make adjustments, with many senior executives being forced to resign.

This series of cases has broken the monopolistic structure of the securities industry dominated by the "four major securities firms"!

These financial scandals were exposed in 90, and the investigation was swift, with a punishment decision made in less than six months. This suggests that evidence must have been obtained long beforehand.

"Tsk, it seems the regulators have already started an investigation!"

Naoki Nagayama rubbed his temples and muttered to himself,

"Moreover, they're already targeting TreeFriend Capital!"

Naoki Nagayama only received fragmented information from reports about these financial cases in his previous life, so the memories that surfaced in his mind were not many, and the mental pressure was not great.

Therefore, Naoki Nagayama can still think.

Naoki Mulberry

Looking at Naoki Nagayama's expression, Shuichi Itō was somewhat puzzled.

What are you saying?

"I mean, it's very likely that the Ministry of Finance is already investigating clues related to stock market manipulation!"

Naoki Nagayama explained,

“Our Tree Friends Capital may be listed as one of the suspects.”

"why?"

Yoshimura Otomo interjected, asking,

"Didn't we all buy government bonds?"

"Haha, of course it's because we made money!"

Naoki Nagayama laughed.

"Furthermore, around Shuyou Capital, there's a small circle of Nomura Securities and Daiwa Capital. They seem to be involved in stock market manipulation!"

Speaking of this, Naoki Nagayama remembered Naito Securities, who had always wanted to join the inner circle!

"Ah, this is probably why Naito Securities has always wanted to join this small group!! He's a securities firm based in Kansai!! He doesn't have much connection with Kanto!! Is he here to investigate?"

"But why would I want to work for the Securities Bureau?" "Never mind, that's not the point!"

"."

At this moment, the clues came together, exposing all the methods originally used against Tree Friends Capital!

Naoki Nagayama finally felt that he had grasped all the facts!

"I understand everything now!!"

The Kishida family, the Ayukawa family, the Fujita family, Sony, and yesterday's Junta Ayukawa.

The Kishida family emptied Shuyu Capital's working capital by advising Prime Minister Doi, forcing Shuyu Capital to make money in an irregular way. They then used economic regulation to control Shuyu Capital's funds. It would be even better if Shuyu Capital were sentenced or delisted!

The Fujita family, through a land mortgage in Nagayama's Kumahara area, has essentially secured the Nagayama family's land holdings in Shizuoka. Furthermore, Nagayama Kaede's karaoke business might be involved in organized crime activities in the future.

Then, Sony and Junta Ayukawa of the Ayukawa family used the media storm to poach artists and shares from Kiyuu Group, thus gaining control of the group's operations.

The strategy of putting the Nagayama family in dire straits in terms of funds, foundation, and entertainment business is simple and brutal!

At this point, it will be very easy to divide up everything belonging to the Nagayama family.

In Japan, it's impossible to completely eliminate the Nagayama family openly, but their development can be disrupted, making them just ordinary wealthy people instead of another chaebol family!

Naoki Nagayama, a well-known director and writer, is someone who is so rare, what is there to worry about even if he is a once-in-a-century talent?

In the eyes of wealthy and powerful families, such a genius would turn to dust in a few decades.

And the chaebol families will continue to be passed down in Japan!

"I see, I see!!"

Naoki Nagayama's tone was somewhat excited, and his gaze, peering through the window, seemed to be fixed on Ayukawa Yaichi, the shrewd head of the Ayukawa zaibatsu who had orchestrated all of this.

Then he laughed.

"However, I have already thwarted the plans made against the Tree Friends Group!"

"Brother Feng is also methodically planning his counterattack, aiming to make the Fujita family lose both their wife and their army!"

"Now that I know about Shuyou Capital, it's impossible to investigate them by accusing them of stock market manipulation."

"After taking three of your moves, watch how I retaliate against the Ayukawa family!"

"I hope Nissan's financial statements can hold up!!"

According to Naoki Nagayama's estimate, Nissan is already under great financial pressure this year. Once the bubble bursts and Nissan's real estate assets begin to depreciate, Nissan will soon fall into a debt crisis.

He has already arranged for the core members of Tree Friends Capital to go abroad to exert pressure on Nissan when it is in crisis through various funds and investment companies.

Let's see if the Ayukawa zaibatsu's assets can withstand the pressure of the bursting bubble and debt!

"."

(End of this chapter)