Chapter 1690 Competition Between All Parties 5

Ginger is still old, and Morita Akio's analysis was quickly recognized by everyone, including his son-in-law Morita Shunfu. After all, the old man was right. No one in Japan seemed to understand Bao Zixuan better than him. The two began to deal with each other ten years ago; and the other party indeed began to lay out the Japanese real estate market ten years ago.

Coupled with international investments, it seems that there has never been a mistake. This requires not only strong strength, but also accurate prediction of the current situation and market. Being so determined to withdraw from the Japanese market at this moment doesn't illustrate the seriousness of the problem!

Morita Junfu said very seriously: "What my father meant was that Bao Zixuan believed that Japan's economy was about to collapse, so he decided to evacuate everyone."

Hearing his son-in-law's words, Morita Akio was very relieved; at least he could listen to what he said, otherwise he really wouldn't know how to explain to the other party. Although direct orders are possible, there will definitely be a gap between the two. That would not only be detrimental to the development of the company, but also detrimental to his daughter's family harmony, which he still valued very much.

Akio Morita: "That should be the case, otherwise the explanation will be different at all; Bao Zixuan will never harm his own interests for anyone. Besides, with his identity and status, he doesn't have to look at anyone's face to act. Therefore, I predict, He must have made the decision to withdraw after he found through detailed investigation and his own analysis that the Japanese economy had no room for growth."

"You are mainly responsible for the investment department, and you may not feel it yet. The competitiveness of Sony electronic products in the market is getting worse and worse; the scale of exports is constantly decreasing."

"All this is due to the rapid appreciation of the yen, which makes the cost advantage unavailable; in fact, not only Sony, but many manufacturers in Japan are facing this problem."

"As an island country with scarce resources, only by earning foreign exchange from manufacturing exports can the country become stronger. But now everyone is focusing on real estate, and the country's economic development will naturally be affected. Funds originally used to invest in new technologies are now It’s surprising that the country’s economic development can be good if it is used for land speculation.”

"As the chairman of Heiyun Group, Bao Zixuan is the biggest competitor of Japanese companies. But why he dared to deploy the Japanese real estate industry ten years in advance shows that he has already seen the problem. This guy has emphasized more than once that Japan is the same as the rest of the world. Most countries have a trade surplus and their land area is small. Therefore, real estate appreciation is a normal economic phenomenon."

"But any commodity has a price, and it cannot rise forever. That is completely against the laws of economics."

"And have you noticed that although Black Cloud Group and Blackstone Fund are both industries of Bao Zixuan, the two companies operate completely independently. And his personal focus will basically be on Black Cloud; he will not care about Blackstone Fund. , but at least not that concerned. Perhaps it can be said that professionals do professional things, but from another perspective; no matter how big the Blackstone Fund is, he feels that it cannot last long. Perhaps speculation is always a bit shameful for engineers. ."

"Of course everyone knows that speculation can make money, but everything has to have a degree. When the Japanese economy is not able to support such high housing prices, falling becomes the only option."

After hearing what Akio Morita said, the family began to feel uneasy. If something goes wrong, Sony Investment Company will suffer heavy losses, and the strength of the entire Morita family will also be damaged.

Although I think what my father-in-law said makes some sense, I also have different thoughts in my heart.

Shunfu Morita: "Father, the Japanese economy is booming now; the government will collapse the economy and cause a massive decline in real estate. In that case, the people will suffer heavy losses and even cause social unrest."

At this time, the Japanese people all responded with the same idea, believing that Japan's economy was prosperous; and from the top of the country to ordinary people, they generally believed that it would be a matter of time before Japan's GDP surpassed that of the United States.

Especially now, 14 of the top 20 listed companies in the world by market capitalization belong to Japan; compared with them in the United States, they are far behind.

With such a good situation, how could the government and the people not be inflated, or even have firm inner thoughts. We must make Japan the most economically powerful country in the world, and not one of them. Perhaps in terms of military strength, it may not be as good as the Americans; but in terms of economic scale, it can surpass it.

The Japanese are still very confident in this, at least the people's diligence and innovation ability are not bad at all.

Japan has become the economic center of the world, which means that land will be very valuable. So the property you buy now may appreciate many times in value in the future. There are definitely not a few Japanese who hold the same idea. Morita Shunfu is one of them, otherwise he would not be able to purchase so many real estate properties. In contrast, he does not hold many stocks.

Of course, it may also be related to his childhood life experience. He is not a son of Sony; he is just from a civilian family and is not very wealthy himself. His parents came to Tokyo to work, so he came here to live. As for being able to study at Kyoto University later, I basically relied on my own ability.

When I was a child, my family's house was very small, and my brothers and sisters basically had no private space. And this is just one aspect, the most important property does not belong to them; it is just rented. Therefore, he is very eager to own a property of his own. Now that he has the ability, of course he must increase his efforts to buy it and let the world see how successful he is.

My wife is not very sure why she is so obsessed with real estate. However, in Japan, the status of a home-based son-in-law is very high, and the wife is just a full-time housewife; she never interferes too much with her husband's decisions. But after all, I grew up in a business family, and when I was still studying, my father often mentioned Bao Zixuan when he came home.

In his impression, it seemed that his father had never admired a young man so highly. He also said that Sony was not the protagonist in competing or cooperating with Bao Zixuan. As a long-established and well-known Japanese company, it would be uncomfortable for anyone to be crushed by a new company in Hong Kong; not to mention Akio Morita is also one of the four famous business sages in Japan.

Precisely because I heard the name Bao Zixuan many times during my studies, the media will naturally focus on it when reporting on it. As a full-time wife, and without having to worry about life, I still have plenty of time. As his father said, Bao Zixuan never made any mistakes when investing abroad.

At this moment, they actually want to withdraw from the Japanese market, and they still don’t retain it at all. In other words, the Japanese economy is likely to be on the verge of collapse, which is extremely detrimental to Sony.

Although he doesn't have to report anything to his wife, Morita Shunfu still shows off when he comes home every day. Those properties are acquired today and that property is purchased tomorrow. I used to think that increasing assets was a good thing, because everyone believed that Japanese real estate was one of the most worthwhile industries in the world to invest in.

But after comprehensive analysis now, we find that things have changed. If no solution is found, Sony Investment Company may fall into a desperate situation.

In fact, not only Sony Investment Company, but also the family. I used to think that Japanese real estate would rise sharply, so I basically invested all the dowry given by my father and the money earned by my husband into real estate.

After my father's analysis, if the Japanese property market plummets. Then the savings that you have worked hard to save before will be wiped out.

At this time, Akio Morita's daughter said: "My father means to start selling off properties."

I had to speak now because I saw where my husband was hesitating. On the surface, he agreed with his father's words, but in his heart, he still wanted to stick to his own ideas.

As a wife, the last thing you want to see is for your husband and father to disagree. Especially when facing a strong father, it is easy to hurt the relationship between husband and wife.

Akio Morita is such a smart man, of course he knows what his daughter means. So he said with a smile: "I'm just a suggestion. Sony Investment Company holds too many real estate properties. Since Bao Zixuan feels that there is no room for growth, there is no need for us to hold off. Of course, the two situations are different. He is selling in All industries in Japan should just pat their butts and leave."

"But Sony itself is a Japanese company. If that were the case, it would definitely be despised by the Chinese people."

"So I have no other requirements, I just hope that the loan can be repaid. Japan's economy has been growing at a high speed for 30 years and is about to enter a bottleneck period. You must have enough funds on hand to survive the winter, and you must not have debt; otherwise the company is likely to Dragged to death.”