Chapter 1183: Three Goals
Over the next week, Xia Yu comprehensively and deeply understood the current situation of the island's financial market.
At the same time, he also made some personnel adjustments to the island's Jiuding Securities Company and temporarily formed several executive teams.
During this period, Xia Yu was very low-key, and Wang Qi also kept his mouth shut, so even his partner, Kazuya Fukuhara, didn't know that Xia Yu was already in the island country.
On Sunday, February 27,
Xia Yu finally got what he needed—the business secrets of Nomura Securities that Luowang had stolen through secret means.
These business secrets involved the investment details of Nomura Securities, as well as the internal secret analysis reports of Nomura Research Institute and Nomura Computer System Center.
Of course, in addition to letting Luowang get these confidential business intelligence, Xia Yu had long ago let his other companies and organisations find out all the information that Nomura Securities had revealed on the surface.
With all the necessary things, it was time to take action!
Xia Yu immediately summoned Wang Qi and Matsumoto Yu to his luxurious villa in Tokyo.
'Our first target is Nomura Securities. Here is all the information. Take a look!'
After giving Wang Qi and Matsumoto Yu each a copy of the information, Xia Yu left them alone, leaning back on the soft and comfortable sofa as he once again ran through his plan in his head.
While Xia Yu was thinking, Wang Qi looked at the document in his hands with a normal expression, but Matsumoto Yu's face was full of shock.
He had once again seen the boss's terrifying abilities, and he had even investigated Nomura Securities, one of the top ten securities companies in the island country, to the point where he had even figured out all the hidden investment data within.
This kind of intelligence power is amazing!
He once again feels lucky to have followed the right person!
...
Nomura Securities can be traced back to Nomura Shoten, which was founded in 1872 by Tokushichi Nomura. It was later passed down to Tokushichi Nomura Jr., who established the Osaka Nomura Bank in 1918.
Then on 25 December 1925, the securities department of the Osaka Nomura Bank was spun off to become Nomura Securities Co., Ltd. In 1927, Nomura Securities opened an office in New York.
After World War II, the Nomura family suffered heavy losses due to the liquidation of the island country after its defeat in the war, and lost the Osaka Nomura Bank. The Osaka Nomura Bank was reorganized into the Daiwa Bank in 1948, which is also one of the top 20 major banks in the island country today, but unfortunately has nothing to do with the Nomura family.
In 1961, Nomura Securities was listed on the Tokyo Stock Exchange, Osaka Securities Exchange and Nagoya Stock Exchange, and then in 1981, it was listed on the New York Stock Exchange, becoming an internationally renowned securities company.
According to the latest figures, Nomura Securities currently has total assets of 2,028.7 billion yen, which is equivalent to more than 8.56 billion US dollars at the latest exchange rate, and net assets of 365.3 billion yen, equivalent to more than 1.747 billion US dollars, with a net asset ratio of 20.4%.
These 2 trillion yen in assets are spread across many parts of the world.
The island country itself has the most, accounting for a whopping 59%, with 1,196.9 billion yen, equivalent to 5.05 billion US dollars.
The US branch has the second-most assets, with more than 1.941 billion US dollars.
The UK branch has the third-largest assets, with more than 1.045 billion US dollars.
Then there are other branches in Hong Kong, France, Australia and other places, with assets totalling more than 524 million US dollars.
Apart from assets, the most important thing is market value and shareholding distribution.
Since Nomura Securities is listed in four places, the stock prices and market values in each place are different.
The Tokyo Stock Exchange, Osaka Securities Exchange, and Nagoya Stock Exchange in the island country are better, and the market values in the three places are not very different. The highest is in the Tokyo Stock Exchange, with a total market value of 770.9 billion yen.
Then there is the Nagoya Stock Exchange, where Nomura Securities has a total market value of 767.643 billion yen.
Finally, there is the Osaka Securities Exchange, with a total market value of over 764.325 billion yen.
Among the island's three major stock exchanges, Nomura Securities has a high price-earnings ratio, thanks to the halo effect of being one of the island's top ten securities companies.
In contrast, Nomura Securities' influence and popularity on the New York Stock Exchange in the United States is not as great, with a price-earnings ratio of just over 15 times and a market value of over 2.589 billion US dollars.
In terms of equity, the company has also released a large amount of equity due to its successive listings in four places, especially when it was listed on the New York Stock Exchange in 1981. In order to enhance its influence and attract as much capital as possible to accelerate the growth of its US branch, Nomura Securities directly issued an additional 249 million shares, all of which were used for financing. The number of additional shares issued accounted for 20% of the total share capital after the additional issue!
After repeated dilutions, the shareholding of Nomura Securities has become very dispersed.
Of course, repeated financing and stock splits have also increased the total share capital of Nomura Securities to 1.245 billion shares, which is a very large number and facilitates the circulation of Nomura Securities shares.
The largest shareholder is still the Nomura family, which holds 18.4% of the shares, but the current generation of the Nomura family is not outstanding enough to take charge of Nomura Securities and can only become the vice president.
The second largest shareholder is the current president, Junpei Hirata, who has led Nomura Securities to rapid growth over the past 20 years, and his shareholding ratio is 12.6%.
Then the third largest shareholder is Sanwa Bank, with a shareholding of 5.1%.
The fourth largest shareholder is Daiwa Bank, with a shareholding of 4.23%.
The fifth largest shareholder is Island Life Insurance Company, with a shareholding of 3.27%.
After that, the combined shareholding of other financial institutions identified in the island country and abroad is 25.8%.
The unidentified financial institutions and retail investors together hold 27.9%.
It is worth mentioning that
Sanwa Bank and Island Life Insurance Company are both part of the Sanwa consortium and core enterprises. The combined shareholding of these two companies is 8.37%, which is basically impossible to buy. Xia Yu also has no intention of buying it. Even if he does manage to seize Nomura Securities later, he will still need to use this as a link to maintain his relationship with the Sanwa consortium and use it to further infiltrate the Sanwa consortium.
This information seems to be a lot, but in fact it is less than two pages of content, and more of it is investment intelligence about Nomura Securities.
Wang Qi and Matsumoto Yu read every word carefully, occasionally stopping to think, so they were very slow.
Before they knew it, more than an hour had passed...
Wang Qi and Matsumoto Yu finally finished reading all the information in their hands.
After waiting for so long, Xia Yu, who planned to take the lead, didn't ask them for their impressions, but went straight to the point.
'You've finished reading the information, so I'll get straight to the point.'
'The ultimate goal of this plan is to seize control of Nomura Securities.'
'But right now Nomura Securities is developing very healthily. Last year's revenue was as high as 600 million US dollars, and the net profit reached more than 171 million US dollars. The current market value, after conversion, is as high as 3.253 billion US dollars, and the price-earnings ratio has reached 19 times!'
'This price and ratio are too high!'
'And Nomura Securities is developing very well. Investors will not easily transfer their shares, and the cost of a forced takeover is too high, with a high probability of failure.'
'Therefore, I will use a series of actions to cause Nomura Securities to suffer heavy losses, and then launch a takeover at the right time to successfully take control in one go.'
'The targets of the actions. Open the information you have in your hands and find items 2, 7 and 11 respectively on the investment list of Nomura Securities.'
Wang Qi and Matsumoto Yu had just carefully read through the information, so they quickly found the targets Xia Yu mentioned.
They were:
No. 2: Nomura Securities' short position in Taiyang Fisheries.
No. 7: Nomura Securities' long position in Island Small Wire Industries.
No. 11: Nomura Securities' US branch's long position in international crude oil futures!