Chapter 1255 Sniping Begins

The latest website: With absolute control, Jiuding Securities Co., Ltd. has been firmly seated in Diaoyutai.

After forcing Mitsui Securities Co., Ltd. out, Matsumoto Yu's only idea was to teach Mitsui Securities Co. a lesson and let them buy stocks at a higher cost.

Anyway, according to Suntory's strategy, Suntory will not be privatized. Before the action, Suntory's stock price was a normal stock price. Even if the stock price is raised again now, when the press conference is held in a few days, the company's stock price will still be the same. will plummet back.

Unless Mitsui Securities Co., Ltd. is willing to keep the funds trapped, it will have to admit and leave the market.

Simply raising the price, the simple operation, Matsumoto Yu directly handed it over to his subordinates to control, and he devoted his energy to other aspects.

For example, the task arranged by the previous boss Xia Yu, the acquisition of the leading electric company, Sankyo Manufacturing Co., Ltd., Shimangoku Electric Power Co., Ltd., Nisshin Steel Co., Ltd., Sanyo Special Steel Co., Ltd. and Tokyo Steel Co., Ltd., as well as six companies that attacked Nippon Steel. Task!

And the task of acquiring Nisshin Steel, Sanyo Special Steel and Tokyo Steel, which was proposed later, is a more urgent task.

To this end, Matsumoto Yu tracked and dispatched these tasks almost every day before, urging employees to speed up the acquisition progress.

After nearly a month of operations, the entire mission has achieved great results.

The first is the three major industrial manufacturing companies, of which the unlisted leading electric company and the island country electric power company have been acquired.

As a leading motor company, Takizaki Takemitsu has a very stable operation, not only has no loans, but also has less financing on the way to growth, so the equity is more concentrated.

However, after a series of hardships, he finally held a 49.5% stake in the leading motor company, becoming the largest shareholder surpassing Takizaki Takemitsu.

Of this 60.5% stake, 45.5% was acquired from other shareholders, and the other 15% was acquired after financing the leading motor company.

The two steps before and after cost a total of 7.34 billion yen.

Compared with the leading motor company, the acquisition of the island country electric power company is more smooth.

Yongshou Shigexin was born from the grassroots, so in the past ten years, the island country electric power company can only cater to capital in order to rapidly expand the company.

Shimokuden has accepted investment from the very beginning of its establishment. After that, it has undergone three financing and share expansion. In order to develop, the company has also borrowed from a number of banks. Shimokuden has a debt of 2.58 billion yen.

Due to the constraints of shareholders and the pressure of debt, the operation of Shigoku Electric Company is much more difficult than that of leading motor companies. Therefore, Shigenobu Nagamori's mentality is also different from that of Takemitsu Takizaki.

For example, in the control of the company, Yongshou Shigexin's shareholding has long been less than 50%.

Therefore, the acquisition of the island country's electric power company has been very smooth.

The purpose of investors is to make money, so Jiuding Securities Co., Ltd. kept increasing the price and took over all the equity of other shareholders.

Yongshou Shigexin also agreed to the financing.

In the end, there are only two shareholders left in the island country, namely Shigenobu Yongshou with 26.2% and Jiuding Securities with 73.8%. For this, Jiuding Securities spent a total of 7.88 billion yen.

In addition to these two unlisted companies, Sankyo Productions, a listed company, still only holds 5.1% of the shares of Jiuding Securities Co., Ltd., but the actual shareholding ratio has reached 35.76%, far exceeding the original shareholding ratio. 12.1% of Toyota Motor, the largest shareholder, and 11.4% of the Ogawa family, the second largest shareholder.

Then there are four companies in the steel sector.

Acquired a 46.5% stake in Sanyo Special Steel Co., Ltd. at a cost of 22.75 billion yen.

Acquired a 52.4% stake in Tokyo Steel Corporation at a cost of 32.93 billion yen.

Only the acquisition of Nisshin Steel, which belongs to the Nippon Steel camp and has the largest volume, cost 30.76 billion yen, and only acquired 29.7% of the equity.

It's not that the staff is not working hard enough, but that Nippon Steel is no better than the other two steel companies. It has a backer!

Nippon Steel, which is backed by the core pillar of the Mitsui Consortium, and its product sales are also channeled by Mitsui & Co., one of the top ten trading companies, the company's prospects and operating risks are different, and the shareholders' mentality is naturally different, so the acquisition is more difficult. .

It is not easy to acquire so many shares without causing Nippon Steel to be alert.

Finally, the giant with a market value of 1,636.8 billion yen - Nippon Steel, Jiuding Securities Co., Ltd. entered the market with ten times leveraged capital. It spent 139.5 billion yen and bought 204.48 million shares, occupying the company's total share capital. 8.52%.

Although this ratio is still a bit low, if it is announced, it will be enough to become the largest shareholder of Nippon Steel.

If you launch an attack, it already has a certain power.

All these achievements were presented to Xia Yu by Yu Matsumoto.

"The results of the leading electric company and Shimakuni Electric are very good. Just do a good job of financial supervision. You can let Takemitsu Takizaki and Shigenobu Nagamo run the business."

"Sankyo Productions has huge potential in the future. It can continue to acquire equity. It doesn't matter if it is exposed. At that time, it will just take advantage of the situation to gain a greater right to speak."

"Sanyo Special Steel and Tokyo Steel, with further acquisitions, our ultimate goal is to delist and privatize these two companies."

"Officially launched an attack on Nippon Steel, making a lot of noise and attracting attention, taking the opportunity to secretly acquire the equity of Nippon Steel Company, and also facilitate the acquisition of Sanyang Special Steel Company and Tokyo Steel Company, the money that can be saved is still Save."

"As for Suntory, you can handle it well and let Mitsui Securities Company remember it for a long time."

After Xia Yu read the results, he decisively issued a series of orders.

Matsumoto Yu made a quick note while subconsciously nodding all the time.

"Boss, I understand, promise to complete the task!"

Matsumoto Yu straightened his back with a serious look and answered loudly.

"Well, let's go!"

Xia Yu nodded slightly, sent Yu Matsumoto down, and continued to bury his head in thinking.

...

The execution of Jiuding Securities Company is very strong.

Let's talk about Matsumoto Yu, with Xia Yu's order, after going back and thinking about it, he immediately convened the staff to conduct a detailed discussion, and negotiated a detailed and comprehensive action plan.

The next morning, as soon as the stock market opened, a large amount of money poured into the stock market and began to buy Nippon Steel's stock aggressively.

Nippon Steel's price-earnings ratio is very high because of its relationship with the leading steel stocks in the country.

However, after all, the entire steel industry of the island country is a depressed industry, so in the assessment of major institutions, the appreciation potential of Nippon Steel's stock is not high. Funds invested in this stock can barely preserve its value, but it is impossible to hope for a large profit.

Therefore, when Jiuding Securities Co., Ltd. continued to buy stocks and prompted Nippon Steel's share price to rise, some institutions and investors decisively sold the stocks they held.

A few days down until the market is closed on Friday afternoon.

Jiuding Securities Co. once again consumed 55.72 billion yen and bought 80.64 million shares.

Nippon Steel's share price also rose from 682.2 yen per share to 702.6 yen per share in a few days.

Although the increase is not large, the market value of Nippon Steel has risen by nearly 49 billion yen due to the large size of Nippon Steel.

The trading volume and turnover rate remained high for several days, which finally aroused the vigilance of the Nippon Steel Securities Department...