Chapter 1188 Nomura Securities bites the hook!

Yamakita Yu took a deep breath and said solemnly, 'The second thing is also related to Jiuding Securities.'

'Just now, Naoki Yamashita, the vice president of Jiuding Securities, came with someone and wanted to borrow all the shares of the small silk industrial company held by our company.'

Tadayuki Tsumura looked determined, his eyes burning as he looked at Yamakita, and he said in a deep voice, 'Are you sure they want all the shares?'

Yamakita nodded affirmatively, "Yes!'

After receiving the affirmative reply, Tadayuki Tsumura tapped his fingers on the table top, lost in thought, and muttered, "Koshi Industry...'

Yamakita held his breath, afraid of disturbing his superior's thoughts.

After a long while, Tadayuki Tsumura asked, 'Have you found out anything about Koshi Industry?'

Yutaka Yamakita replied, 'I've just made some inquiries. The business situation of Koshi Industries is very good, but I can't be sure if what they said is true.'

Tsuneharu Hiyokata thought for a moment and said, 'I'm going to Yokohama this afternoon. I'll go to Koshi Industries to find out the situation for myself, and I'll let you know what I find out!'

'Okay!'

Yutaka Yamakita respectfully bowed his head in agreement, not daring to disagree.

'If there's nothing else, you can go now.'

'Yes!'

...

Yokohama is very close to Tokyo, only 20 minutes by car, let alone driving yourself?

That afternoon, Junpei Hiramitsu went to Yokohama, personally inspected the situation at Koito Industries, and gained an in-depth understanding of the company's business development.

Nomura Securities Co., Ltd. holds 6.72% of its shares, and is a major shareholder. Junpei Hiramitsu is one of the directors, and naturally is entitled to know the situation.

Koito Industries president Kojiro Kyogen personally greeted his arrival.

'Junpei-kun, what brings you here?'

'Kyogen-kun, long time no see!'

'I haven't been here for a long time, but I didn't want to be ignored as a director if I didn't come,'

Junpei Hirata said jokingly.

Kyogen-kun said with a serious expression, 'How could that be? You, as a director, are the anchor of the company in the financial market. No one can forget you!'

This is what Kyogen Kojiro really thinks. After all, with Nomura Securities' position in the capital market, its holding of a large stake in Koito Industries is the best signal to investors, with a strategic influence on stabilising the stock price.

Of course, once Nomura Securities sells its holdings on a large scale, it will also have a huge negative impact on Koito Industries.

Having such a shareholder has both advantages and disadvantages.

Therefore, in Kyogen Kojiro's mind, Junpei Hinata is very important. He is a great god who cannot be offended easily!

After a little while of joking, the group entered the company and arrived at Kyogen Kojiro's office.

After sitting down and leisurely drinking some tea for a while, Junpei Hinata proposed to find out about the company's real business situation.

As for the reason, Junpei Hinata did not say for the time being.

However, Kyogen Kojiro was able to guess something, so he agreed without hesitation, and then he let Junpei Hirata choose which department he wanted to see, and showed him everything with a completely open and honest attitude.

The meaning of this is very clear: I haven't prepared anything in advance, so what you see is the real situation.

Sure enough, they went to a number of departments including the sales department and the finance department, and Junpei Hirata gained an in-depth understanding of the real situation of Koito Industry Co.

Everything I saw showed that the company was doing very well.

After returning to the office, Kyogen Shojiro asked with some pride, 'Junpei, what do you think? The company is doing well, isn't it? I haven't disappointed you, have I?'

Junpei Taira exclaimed, 'How could you have disappointed me? You've completely surprised me. You've inherited your father's talent and surpassed him. Under your wise leadership, the future of Koshi Industries will be brilliant.'

Jingyuan Xiaozhilao laughed heartily: 'Chunping-kun is too kind. I'm not that good. Being able to smoothly pass the company on and run it into a century-old business is the biggest goal of my life!'

Chunping Tamiya flattered him: 'You can definitely do it. I believe in your abilities. Your son is just as outstanding as you, so you have someone to succeed you!'

'Hahaha...'

...

The two men flattered each other, and for a while the office was filled with a happy atmosphere.

However, both of them are fox-like characters. After the joking, Kyojiro finally took the initiative to ask, 'Tsumihira-kun, is there any change in the capital market?'

The two are both commoners with the same interests on the same side. Tsumihira-kun does not intend to hide anything, and nods and says bluntly, 'Yes, this morning, Jiuding Securities Company came to our door, wanting to borrow the equity held by our Nomura Securities Company. There is a 90% possibility that they are preparing to short the company's stock price.'

Although it was said to be 90%, since Junpei Hirata said so, Kyogen Kojiro decided that Jiuding Securities Company intended to short sell their company's stock.

Kyogen Kojiro was very annoyed and snorted, 'Jiuding Securities Company wants to short sell our stock? They're not afraid of losing their teeth!'

Junpei Hirata smiled inexplicably, 'Who knows, maybe they think that Koshi Industries will have a crisis in the future!'

While talking, Junpei Hirata also glanced at Kyogen Kojiro.

Even now, he is still not at ease. After all, more often than not, what you see is not necessarily what is true. He is worried that Kyogen Shojiro is hiding something that shouldn't be seen.

Otherwise, if there were no evidence, Jiuding Securities would not have been so bold as to ask them to borrow stocks worth more than 30 billion yen to short sell.

Jingyuan Kojiro could see what Junpei Hinata meant, but he was annoyed by the questioning.

He immediately said, 'Junpei-kun, I have enough confidence in the company. The company's debt ratio is only 68%, and the debts are not due for the time being and are relatively dispersed, so I am not worried about any institutions shorting the stock.'

'I will not interfere with your company's decisions. If you think it is profitable, you can lend them the stock.'

'I have enough confidence in my company!'

Junpei Tominokoji's pupils shrank slightly, this Kyogen Shojiro's self-confidence is enough!

Just then, Kyogen Shojiro's eyes twinkled, and a thought came to mind.

He suddenly said to Junpei Tominokoji again, 'Junpei-kun, if Jiuding Securities Company really succeeds in suppressing the stock price of our company, then I have to thank him. I can entrust Nomura Securities Company to help me acquire a batch of stocks on my behalf.'

As soon as Kyogen Shojiro said this, Junpei Tominokoji had no more doubts in his heart.

A smile appeared on his face, and he said without hesitation, 'Kyogen-kun, I'd be happy to help you!'

'Shall we discuss it now?'

'Of course, I can come up with 10 billion yen for the buyback, and if the opportunity arises, I can increase the amount,' Kyogen-kun said with a smile.

...

Next, the two men discussed the matter for a while and reached a verbal agreement. Junpei Hinata left the place contentedly and returned to Tokyo.

After returning, he immediately instructed Yamakita to contact Jiuding Securities, offering to lend them all 23,538,600 shares, and informed him of the specific handling fees and terms.

After all, if there are no problems, Nomura Securities is prepared to hold this equity for the long term, lend it to Jiuding Securities, and later exchange it back. The amount of equity will not be small, and they will be able to collect a substantial handling fee and interest. How could he refuse?

Hiyuga knew full well that Nomura Securities only held 6.72% of the shares, and even if they didn't lend, Jiuding Securities could simply find other institutions, it was just a matter of finding a few more institutions to get together so many shares.

His refusal would not stop Jiuding Securities from taking action, and it would be better to take the opportunity to make a profit.

Therefore, the next morning, Yamakita informed Yamashita by phone, and Yamashita then led a negotiation team to negotiate with Yamakita.

That morning, Nomura Securities spent 30 billion yen in hard cash to purchase the equity of the small island country's Silk Industry Company, which was then obtained by Jiuding Securities.

All Jiuding Securities had to pay was an agreement and some fees paid in advance.

Before the agreement expired, unless both parties reached another agreement, even if a crisis broke out at Silk Industry Company, Nomura Securities could not sell their shares to cut their losses, because the shares were no longer in their hands.

They could either watch the stock price plummet until they were forced to liquidate their position, or they could beg Jiuding Securities to end the agreement early.

After paying a few handling fees and interest, they had successfully trapped Nomura Securities!

With the results in hand, Naoki Yamashita immediately rushed back to the company to report the good news to Xia Yu.

'Boss, this is the equity held by Nomura Securities, and we have got it all back. Here is the signed agreement, and all the shares held have been transferred to our account.'

'You've worked hard!'

In Xia Yu's office, after receiving what Naoki Yamashita had brought back, Xia Yu encouraged him and then quickly skimmed through it.

'Good!'

'Nomura Securities has finally taken the bait!'

After quickly skimming through it, Xia Yu was in a very good mood.

By trapping Nomura Securities, he was able to maximise its losses!

Throwing the materials in front of Matsumoto Yu, Xia Yu instructed, 'Matsumoto Yu, put these materials in the safe.'

'Then sell the stocks in the account as quickly as possible while controlling the volatility as much as possible.'

'Other teams, reach an agreement with other institutions as soon as possible to get more stocks back and clear the position.'

'Yes!'

Matsumoto Yu nodded emphatically in response.

'How many shares of Taiyo Suisan Kaisha have we still not sold?'

'How low has the stock price fallen?'

Xia Yu asked about the situation of another target of the operation.

'Boss, we still have 7.85 million shares in our hands,'

'The stock price has fallen to around 232 yen per share.'

'The main reason for the slow decline is that Nomura Securities has not re-sold the shares for the time being, so we have to suppress the stock price ourselves, and we have not let go of it yet.'

Matsumoto Yu answered in detail.

Xia Yu immediately ordered, 'The price of 232 yen per share is still too high.'

'Previously, we considered playing a game of chicken with Nomura Securities, but now that we have taken over the shares, we can also show our true colors.'

'Their shares are not for sale, so let them rot in their hands and prevent them from withdrawing too much capital.'

'After the market opens in the afternoon, we will do our best to suppress the stock price. Don't worry about losses. We must create a panic atmosphere and get other retail investors and institutions to sell their shares.'

'Are you sure?'

'I guarantee that the task will be completed!'

This kind of task is not difficult. Matsumoto You answered confidently with his head held high.

After that, the entire Jiuding Securities Company Island Branch started to operate at high speed.

The whole plan was laid out, and it was time to launch the real attack on Nomura Securities!