Chapter 1205: Sunlight Credit Company

'I can't believe that Takeo Takei and Takefuji Credit have grown to this point at this time!'

'It's a pity.'

After reading the information related to Takefuji Credit, Xia Yu couldn't help but shake his head slightly, muttering with some regret.

In his previous life, Xia Yu had a fairly in-depth understanding of Yasuo Takei and the company Takefuji Credit.

His company, Takefuji Credit, had become one of the four giants of the consumer credit industry in the island country in the 1990s.

The three giants, Yiman Credit, Chengxin Credit and Kaoshi Credit, were all backed by large consortia.

The only exception was Takefuji Credit, which was controlled by him and built from scratch.

That was why Yasuo Takei was also known as the king of credit in the island country!

Takei Yasuo was the richest man in the island country in his previous life.

In December 1998, Takei Fujii went public, so in 1999, with assets of 7.8 billion US dollars, he ranked first in the island country and 30th in the world in the Forbes rankings. He was also the individual who paid the most taxes in the island country that year.

He was unrivalled!

Unfortunately, just after he first ascended to the throne of the richest man in the country, he got into trouble. The scandal shocked the country, and Takeo Takei's fame spread abroad.

In June 2000, a Tokyo journalist uncovered the shady practices of Takei's consumer loan operations.

Subsequently, the Takashi Takei company immediately sent out the beauties from the public relations department in the hope of silencing the reporter with huge 'hush money' and beauty. However, the reporter not only refused to touch the beauty and money that came to the door, but even threatened to call the police.

Takei then discussed a countermeasure with his subordinates and finally found a private detective agency to organise a 'bugging team' to bug the reporter's home, mobile and car phones.

The wiretapping scandal was then exposed, and the media reported it extensively. The whole island was shocked, and Takei Yasuo was arrested immediately. In December of that year, he was sentenced to three years in prison and four years' probation, and Takefuji was fined 1 million yen.

The fine was undoubtedly a drop in the bucket for Takei Yasuo, the richest man in the island country.

The masterminds behind this were not after the one million yen, but the shares of Takefuji!

According to the laws of the island country, if a shareholder of a loan company with a stake of more than 25% is sentenced to imprisonment, the company's licence may be revoked.

Therefore, after Takei Yasuo was sentenced, in order to keep the company's licence and allow the company to continue to exist, Takei Yasuo had to face the dilemma of selling his stake.

Facing the fat meat that Takei Yasuo was about to throw away, the American Goldman Sachs Group and New Bridge Investment Company both rushed over, but unfortunately, it was a local conglomerate that set its sights on him.

After a series of difficult negotiations, Takeo Takei sold his shares to an obscure offshore fund company. No one knows who is behind this fund company.

And after Takei died of liver cancer in 2006, no one bothered to find out the secret.

But people at a certain level know that Takei Corporation was taken over by several consortia.

...

Of course, at this time, Takei Corporation had not grown to that extent, but Xia Yu also basically had no chance of entering.

Even if he could enter, he would not be able to obtain enough shares to make Takei Yasuko absolutely obey him.

Takei Yasuko himself is a person who promotes dictatorship and iron-fisted management. He is a typical tiger, and he is also a tiger who has become a climate.

There is no room for two tigers in one mountain, not to mention the fact that Takei Fuji was established by Takei Yasuko himself. How would he be willing to sell it to Xia Yu when there is no lack of money?

This is also the reason Xia Yu feels a pity.

However, the consumer credit market in the island country is so big, and the market structure is still very chaotic, so there are still plenty of opportunities. It's not too late for him to enter the market now!

After considering the options of acquiring an existing company or starting a new one, Xia Yu chose the latter!

Starting a new consumer credit company would be more confidential and allow him to have complete control. As for the license, in this day and age, it's not a difficult thing to get!

So the most critical issue facing Xia Yu was to find a suitable white-glove!

To speed up the process, Xia Yu mobilised the resources of the island's Glorious International, the island's Luo Wang branch, Nomura Securities and so on to find the right candidate.

It only took two days to shortlist ten candidates who met Xia Yu's requirements.

After going through the details, he chose a 42-year-old man named Fujiwara Jiro.

This man was standing in front of Xia Yu with a humble expression on his face at Xia Yu's home on 5 April.

'Fujiwara Jiro, have a seat!'

'Thank you, boss!'

After Xia Yu said this, Fujiwara Jiro respectfully thanked him, then sat down, with his hands on his knees, not looking away, and making a gesture of listening to instruction.

Xia Yu nodded secretly, and this first impression made him quite satisfied, exactly as shown in the information.

Xia Yu leaned back comfortably on the sofa, looked at Fujiwara Jiro, and said lightly,

'Fujiwara Jiro, what needs to be said has already been said to you by others, so I won't go into too much detail.'

'I asked you here today to see what kind of person you are and whether you are suitable for this job.'

Xia Yu observed that after he had finished speaking, Fujiwara Jiro became visibly nervous, and subconsciously tightened the hand he had placed on his knee, pulling the hem of his trousers up a little.

'Your job is not irreplaceable. As you know, there are many people on the entire island who are better than you. What do you think is your greatest advantage for this job?'

After Xia Yu finished speaking, Fujiwara Jiro said without hesitation, 'Loyalty!'

'I will be as loyal to you as an Akita dog!'

Hearing this analogy, Xia Yu's mouth curved up in a smile.

Of all the dogs on the island, the most loyal are the Akita Inu, and Fujiwara Jiro's metaphor is very vivid.

Of course, what pleased Xia Yu most was the other meaning Fujiwara Jiro expressed, that he was willing to be Xia Yu's dog and unconditionally complete any of Xia Yu's orders.

This is indeed a smart man!

Xia Yu looked at him more and more favourably.

'I am very satisfied with your answer, and the job is yours!'

Xia Yu said with a faint smile.

Jiro Fujiwara beamed with joy, stood up and bowed deeply to Xia Yu: 'Thank you, boss!'

'Sit down!'

Jiro Fujiwara sat down again, focused his attention and waited for Xia Yu's orders.

Xia Yu took a sip of tea and said lightly:

'The new company has not yet been registered, but the materials are ready. The company name is Sunshine Credit Company. You will register it in your name and serve as the legal representative of the company. I will give you an additional 0.5% equity on top of the salary.'

'After the registration of Yangguang Credit Company, dozens of companies will jointly inject 50 billion yen into it, and this money will be the company's start-up capital.'

'The recruitment of senior executives has been entrusted in advance to Korn/Ferry International to screen. At that time, you will just go through the process of interviews, and the middle and lower-level personnel can be directly recruited.'

'After the staff is in place, the business staff will receive training in their respective areas. You just need to get the job of opening 200 stores done at once, and then you can focus on the management and expansion of the company.'

'Someone from the association will contact you in due course. For payment issues, just contact them directly.'

'Do you understand?'

'Yes!'

Fujiwara Jiro answered loudly with his back straight.

'Any questions?'

'Not at the moment!'

Fujiwara Jiro thought for a moment before shaking his head.

'Okay, someone will contact you in due course. In the future, you should contact him if you have any questions, and don't contact me on your own initiative.'

'Yes!'

'Well, you can go back first and get ready. You'll officially start working tomorrow.'

'Yes, boss, I'll go now.'