Chapter 1244 Witness (4K)

Perhaps Japan’s still-living “Sage of Management” really has authority, perhaps Fang Zhuo really exposed Toshiba’s nuclear power dream, or perhaps S&P discovered new clues.

As Toshiba's rating dropped, and as Standard & Poor's gave reasons for "increased concerns about Toshiba's nuclear power business and concerns about the company's governance framework," Toshiba's stock price, which had previously been fluctuating and falling, fell heavily.

The Fukushima incident is a black swan for the development of the nuclear power business. This has been continuously verified in Toshiba's stock price since it occurred in March. However, Toshiba has released information on different occasions, believing that it is only a short-term situation that can rebound.

As for whether it can rebound... the current information from various sources has gradually proved that it is difficult.

And this “governance framework concern” is even more interesting.

The TV Tokyo program has not yet been broadcast, and Fang Zhuo is not sure how this business exchange with a sharper style will be edited. After witnessing the basic completion of Sony's framework, he accepted two interviews with well-known Japanese media.

In addition to once again emphasizing the reflection on the "craftsman spirit", we also talked about the slowness of Japan's administration. It should be investigated, punished and dissected. Just like the confusion in the business world, the actions of relevant agencies this time have also been widely criticized. .

Fang Zhuo was in Tokyo for cultural exchanges, and it happened that Nobuyuki Idei, the former head of Sony, was also invited by Chinese companies for domestic exchanges.

Although Nobuyuki Idei did a relatively bad job at Sony, this year, Lianki Computer invited him as a non-executive director on the company's board of directors out of consideration for the Japanese market.

Nobuyuki Idei was interviewed in China. Because the Japanese media widely reported the criticism of the Japanese corporate culture by the head of Yike, he was also asked about the relevant situation.

"Mr. Fang is right to say that the spirit of Japanese companies is gradually losing, which requires serious reflection." Nobuyuki Idei gave an acknowledging but concise answer.

A reporter at the scene asked again what he thought of Mr. Fang’s role as an outside director at Sony.

Faced with this question that made his throat itch, Nobuyuki Idei pondered for a while before replying: "I have left Sony. Mr. Fang is a strong business man. I hope that he, as an outside director, will be beneficial to Sony."

The consulting company he founded now also regards China as an important market, but after all, he spent a long career at Sony and showed a certain attitude. This person actually continued to serve as an outside director after Stringer stepped down. It is really disappointing. He was a little surprised.

When the activities of the former head of Sony were reported to Liu Zonghong's attention, he was accompanying his boss to inspect major semiconductor factories in Japan, and by the way he also heard some reports from Mr. Kong.

"Nikon's photolithography machine solution is indeed very PPT. I asked them how far they are from ASML, and their caring expressions were really obvious."

Fang Zhuo talked about Nikon, which was listed as an alternative.

Nikon's optical technology solution sounds very advanced, but its practicality is not adequate, and its performance during the inspection process was disappointing.

"The money we spent in the Japanese stock market this time can completely buy enough photolithography machines for ice cores." Kong Yu, who accompanied the inspection, said proudly, and then added the premise, "Of course, if ASML is willing to sell words."

Fang Zhuo was silent.

It's really not just about money, otherwise we wouldn't have to worry about it long ago.

But this time, Gasoline Man did a great job in financial markets as always.

Before the incident, Mitsubishi Electric's market value was US$25.4 billion, Panasonic was US$31.2 billion, Sony was US$40.2 billion, and Toshiba was US$23 billion... They are not among the world's top 500 companies, but they are also Japanese industry giants.

Today, Olympus, the worst company, has fallen by almost 80% and is about to be delisted. Sony has evaporated nearly 7 billion US dollars. Toyota and Nissan, which have been affected, are not inferior to the companies at the center of the counterfeiting vortex.

Such a sharp decline in Japan's core companies caused the Nikkei and Topix indexes to plunge, forcing the Bank of Japan to take action and start buying ETFs to support the rebound of the stock market.

According to Gasoline Man's report, in addition to his own short selling in the Japanese stock market, the bloody smell of the exposure of collective fraud by Japanese companies has attracted other predators roaming the capital market.

Just in the past two days, the Bank of Japan has clearly released news that it will organize banks to rescue Japanese companies that are in trouble, and will use a two-pronged approach to stabilize stock prices.

On the other hand, some Japanese officials said that they have noticed some bad speculative behaviors and do not rule out intervention.

Compared with the U.S. market, Japan is more sensitive and the mechanism intervened earlier. There have been many bailouts this year.

Kong Yu just stopped when the situation was good and only took away some of the upper bubbles, because it was impossible to predict the intensity of the next actions of the Bank of Japan and the Ministry of Finance, and the recent trend of the yen also had to be taken into consideration.

Anyway, his biggest concern is not the Japanese companies on the list, but the Bank of Japan, which strongly supports the three markets of stocks, foreign exchange and bonds.

It is precisely based on this that Kong Yu noticed that the predators swimming in the Japanese stock and foreign exchange bond markets basically guessed what Soros and his like were thinking.

Everyone is patiently waiting for the impact of Japan's high-level changes. Since 2006, Japan has had six phases in five years. Seeing that Noda, who just took office, is not a boss who can sit still for too long, there will be twists and turns and opportunities in the future.

"This time the fraud incident has attracted global attention, and it has helped us share a lot of pressure. Someone in the U.S. business has already mentioned the ice core license, which is another troublesome matter." Fang Zhuo sat in the car and mentioned News from the United States.

Bingxin's technology introduction and equipment purchase licenses have been renewed, but now that wafer process technology is gradually coming into view, it has naturally become a topic of discussion.

Fortunately, it was only mentioned internally and not widely publicized.

Kong Yu frowned when he heard this. Bingxin brought Yike an advantage in competing in the global market, but it was also an Achilles' heel, and he needed to pay attention to the threats to it at all times.

The problem is that this is almost certain to happen.

He changed his position to the boss, and the pressure at that moment might be more annoying than the problem itself.

"Buy, buy, buy, dig, dig, dig, and spend the money you make." Fang Zhuo quickly put aside the emotions brought by the bad news and said, "I think Toshiba and Sony's current round of decline will take some time, so let the European patent company come over."

Toshiba, Sony and Nikon, these giants, all have semiconductor businesses and patents. Toshiba has storage, Sony has sensors, and Nikon has a complete lithography machine team. These are not sectors that can be operated on in a short time.

But things should be done step by step, and they must be done first.

Bingxin is a joint venture factory in Germany, where talents, teams, and patents can be transferred and accepted, and such convenience will be applied to Bingxin's second factory in Europe.

If nothing goes wrong, this factory will be located in France, and there will be funds in disguise, Bingxin itself, and the French local government to form the capital side.

Kong Yu knew the direction of the boss's funds, and smiled: "Mr. Fang, I made real money from the production line this time."

"When it comes to making money, you financial people are still the fastest to grab it." Fang Zhuo praised, because a considerable part of the funds are still in the European market. This time in Japan, including the subsequent accumulated profits, it is close to 4 billion US dollars.

This amount of money is so huge that when Fang Zhuo learned about the general statistics of the gasoline man, he couldn't help but secretly plan in his heart that it can almost fully cover the cost of Bingxin's French factory.

If there is not enough left, he will borrow from the French bank.

Well, the most effective way to use it is of course still to use money to leverage money, rather than purely investing in it, but when Fang Zhuo and Kong Yu laughed and talked, the financial crocodiles were inevitably silent.

At this moment, Kong Yu listened to the boss's praise again and said sincerely: "No one who snatches can spend as fast as Bingxin."

Bingxin plans to use 45nm process in the French factory, which will still form a generation gap with the Luzhou factory, but it is already the most advanced wafer foundry process in Europe.

Based on the increasingly huge capital investment in advanced processes, the number of players in this track is rapidly decreasing, and many large factories have announced the suspension of technology investment or joint technology research and development.

"Mr. Fang, if Bingxin can't survive, I may be the second one to jump off the building." Kong Yu is gradually becoming the person behind the scenes who cares most about Bingxin's progress.

"You can live anyway, there is no doubt about that, and you can't die even if you want to." Fang Zhuo smiled, "We just want to see if we can live with higher quality."

Kong Yu nodded, and planned to write a memoir in the future to crown himself and Mr. Fang as the best partners. How much one earns, the other can spend it all. If this continues, will Bingxin's factories in China and Europe be treated differently?

Or, domestic supply is cut off, and foreign rebirth?

Kong Yu considered the existing vests and knew that everything would have to wait until the day of the real collision.

Liu Zonghong saw that the chat between Mr. Fang and Mr. Kong had come to an end, and smiled and talked about the interview of Sony Nobuyuki Idei in China.

"It's good. The Japanese media invited me and the domestic media invited him. It is indeed a cultural exchange." Fang Zhuo knew that Nobuyuki Idei was living a relatively comfortable life, and thought of his old brother Stringer, "You will call the laid-off Jazz later and ask him if he is willing to start a consulting company. I think this method is really good."

Liu Zonghong nodded first, and then found that the boss's wording had changed. Before, no matter what the occasion was, it was either a name or a Jazz. Now that people can't do it, a modifier must be added in front of Jazz.

The car arrived at the hotel.

Fang Zhuo and his party did not go up immediately. In the next few days, in addition to continuing to investigate some companies here, the basic work on hand has been completed, that is, they will still observe the final results.

"Buy a few newspapers and eat something next to it." Fang Zhuo habitually wants to read the newspaper.

Although the security in Tokyo is still not relaxed, it is indeed better than in New York. Moreover, people here are not as familiar with their faces as in China, so they can walk around more casually.

After discovering this, Fang Zhuo has been walking around Tokyo at night for many days.

However, when they just approached the convenience store, they saw a gray-haired old man standing next to a newspaper suddenly holding up the newspaper and crying.

The first reaction of the group was to protect the boss and retreat to prevent special circumstances.

"It's okay, I just criticized a few words on TV, and I didn't do anything."

Fang Zhuo is not so sensitive, or he has a clearer understanding of himself.

What did he do this time?

Maintain the order of Sony's power transfer, participate in TV commercial exchanges, criticize the fraudulent behavior of Japanese companies, and inspect the technology companies here.

Everything is normal and reasonable. It's not that any passerby would harm him. If he wants to stab, he should stab the heads of fraudulent companies such as Takada Shigehisa and Nishida Atsutoshi.

Sure enough, this Japanese man just cried and had no other movements.

Liu Zonghong took the initiative to buy the newspaper, and learned about the situation, and then reported the identity of the man.

A retired Toshiba employee.

Today's Japanese newspaper Yomiuri Shimbun reported Toshiba's situation on the front page. After S&P's downgrade, the media in the United States followed suit. Probably inspired by it, they interviewed the authoritative views of the US NRC on the nuclear power business, which became another strong proof of Toshiba's bleak prospects.

And, as the company's stock price plummeted, sources close to the top have revealed that Toshiba's finances do have problems.

Cracks have appeared in Toshiba, which was previously quite solid.

Fang Zhuo took the newspaper and listened to the wailing of the old Toshiba people and their muttering after the crying weakened, with an assistant's real-time translation next to him.

"The light of Japan, how did it become like this?"

"Toshiba has fallen, and its glory has been shattered."

As a household name in Japan, Toshiba has been one of the symbols of Japanese manufacturing in the past few decades. This phrase "the light of Japan" from its employees is not bad.

At its peak, Toshiba was one of the top five semiconductor manufacturers in the world, one of the top three medical device manufacturers in the world, and the second largest integrated motor manufacturer in Japan. It should also be considered one of the four major nuclear power manufacturers in Japan.

However, it had already fallen from its peak when it entered the nuclear energy market.

Fang Zhuo stopped to look at the sadness of the old Toshiba people for a while, and sighed: "A company with a history of more than 100 years, standing here, it really feels like its ups and downs throughout the century are appearing in front of you."

Kong Yu asked: "Is it a sense of participation?"

Fang Zhuo knew the invisible ridicule of the gasoline man, but standing on the street, he could only answer: "Shallow participation."

Liu Zonghong followed up: "A sense of witnessing."

Immersive witnessing.

Kong Yu glanced at the boss's secretary, you are not a good person either, don't shed crocodile tears.

Fang Zhuo and others did not disturb the emotional expression of Toshiba people. After reading the reports of authoritative newspapers, they felt that Toshiba was probably not far from bowing and apologizing.

"Mr. Fang, there are invitations from the media and programs again." Liu Zonghong asked the boss after returning to the hotel.

"It's enough to have a discussion with Masayoshi Son, Kazuo Inamori and others once." Fang Zhuo shook his head, "Look at the semiconductor companies here and go back to China."

Liu Zonghong agreed and turned down all invitations to the boss.

However, it was not until they set off for Shanghai that the previous discussion was broadcast by Tokyo TV, and the promotional slogan even gave them a title, "The Demon King of the End".