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bite off a piece of meat

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    ??

    Yi Xiaohai arranged various matters and went to understand the relationship between the Sumitomo Foundation and Panasonic Corporation and the internal management model.

    Panasonic Co., Ltd. is an industrial enterprise group, and it is an enterprise model that emerged when the monopoly of national consortiums was weakened.

    Its characteristics and core are that very large enterprises serve as parent companies. The parent company owns a large share of direct subsidiaries and affiliated companies and implements vertical leadership.

    At the same time, many subsidiaries and affiliated companies also hold shares of the parent company, forming a mutual shareholding relationship. The more famous companies include Toyota and Hitachi.

    Because industrial enterprise groups lack the support of financial capital, most industrial groups are members of the six major consortiums. They rely on the combination of financial institutions and traditional relationships to form a unique main bank system and mutual shareholding system.

    As the name suggests, the main bank system requires a bank within the consortium, and the bank becomes an important financial link between corporate members and the consortium.

    ??A consortium bank is a capital supplier to member companies, and is usually a major shareholder of the company. The bank helps the company stabilize its operating rights. When the company's operating performance deteriorates, the company transfers its operating rights to the bank, and the main bank is responsible for rescue.

    Member companies and the consortium implement a main bank system, and member companies implement a mutual shareholding system.

    Enterprises hold enterprise shares, banks and other financial institutions also hold enterprise shares, and enterprises hold shares of banks and other financial institutions. The higher the mutual shareholding ratio, the stronger the cohesion of the consortium. Currently, the six major consortiums in China have  The average internal shareholding ratio is about 55%.

    The main bank system and mutual shareholding have strengthened the capital connections between the member companies of the consortium. They are an important foundation for the existence of the consortium and a powerful means of combination. This also caused trouble for Yi Xiaohai's actions.

    Because company members hold shares in each other, everyone is a huge community of interests. Hantang's short selling of Panasonic Corporation's companies is an attack on the entire consortium, and they will definitely not give up.

    "It's just that Yi Xiaohai has a problem that he can't understand. The Sumitomo Consortium has Sumitomo Bank, and Panasonic Corporation has set up Panasonic Bank. What the hell is that?

    ¡­¡­

    Osaka City, the headquarters of Panasonic Corporation, Masao Matsushita has returned from China.

    He convened a meeting with the group¡¯s top executives to study possible attacks in the future.

    Someone expressed their opinion:

    "President, although Panasonic Corporation's assets are not as large as those of the Han and Tang Dynasties, they don't dare to take action easily, right?"

    His thoughts represent the thoughts of most people.

    It is true that the Han and Tang Dynasties had abundant funds, but Panasonic Co., Ltd. was backed by the Sumitomo Consortium and had countless allies. It still fought in the foot basin country and had more means at its disposal. They did not think that Yi Xiaohai would really take action.

    Matsushita Masao seemed a little unhappy:

    "I'm not discussing the possibilities with you, but I'm asking you how we should respond if the Han and Tang Dynasties take action."

    He had met Yi Xiaohai and did not think that Yi Xiaohai was joking. An attack from the Han and Tang Dynasties might be coming soon.

    Because most people don¡¯t pay attention to it, it¡¯s hard to say anything to those who think they need to be on guard. Now Masao Matsushita¡¯s attitude has given them confidence.

    "President, Panasonic's revenue and profits are stable, Han and Tang should choose Panasonic Ye Bank as a breakthrough point."

    Matsushita Kunai, the general manager of Matsushita Leaf Bank, spoke. He is the cousin of Matsushita Masao and is a very capable person.

    "Tell me more specifically."

    "I have studied several sniper battles in the Han and Tang Dynasties. They all liked to find a weak point to attack, thereby triggering a chain reaction. Currently, Panasonic is not suitable as a target. Panasonic Bank has insufficient funds and is somewhat aggressive in its operations.  Likely to be chosen as an opponent.¡±

    Matsushita Masao frowned, but soon relaxed.

    The problem of rash investment is his fault. Now that Matsushita Kunai is saying it, it is a slap in his face, but Matsushita Masao knows that Matsushita Kunai did not mean it.

    He was able to arrange for Matsushita Kunai to be in charge of Matsushita Leaf Bank, which showed his absolute trust in Matsushita Kunai. However, he was unhappy because the other party spoke too carelessly.

    "How much money does Panasonic have now?"

    "A maximum of 1.9 billion knives can be mobilized."

    "so little?"

    Masao Matsushita was shocked. 1.9 billion was not enough to cover the entire Han and Tang Dynasties.

    If Yi Xiaohai knew that Panasonic Ye Bank could only put out 1.9 billion, he would have asked Shen Tengfei to take action immediately. Unfortunately, he did not expect Panasonic Ye Bank to be so empty.

    ¡°President, we have two industries, Panasonic Battery and Panasonic Electronics.?It spent 3.8 billion to acquire several other similar companies in the footbath industry. At the same time, in order to expand business in Southeast Asia and China, it invested 1.2 billion to build factories. In addition"

    Matsushita Kunai settled a score with Matsushita Masao. Matsushita Masao's face turned dark. Saying it at this moment was like a slap in the face.

    "enough,"

    Under Matsushita Kuna¡¯s constant chatter, Masao Matsushita finally got mad:

    "I asked you to tell me the solution, not to settle accounts!"

    It was only then that Kunai Matsushita realized that this was a meeting, not a private exchange with Masao Matsushita.

    "President, what I mean is that we need to mobilize Panasonic's funds. We need to prepare at least 50 billion yuan, and we may need to dismantle it from other places."

    Matsushita Masao looked at the head of Matsushita Electric, Zhongbang Villager, and ordered him to consolidate funds.

    No one expressed objections at the meeting, because most of the work was done by shareholder representatives of other members within the consortium. Although they had a good share of the shares, they would not interfere.

    If they interfere randomly with Masao Matsushita's decision, maybe someone else will interfere with them next time. Therefore, everyone maintains a high degree of tacit understanding and no one will destroy it.

    After the meeting, Masao Matsushita kept Hiroko Sumitomo behind.

    The core of the Sumitomo Consortium is Sumitomo Bank. Sumitomo Bank is much larger than Matsushita Bank, so Matsushita Masao hopes to take some money out of Sumitomo Bank.

    Sumitomo Hiroko agreed to contact Jiazu and give him a reply. Matsushita Masao was very grateful.

    Back in the office, Sumitomo Hiroko called the owner, Sumitomo Sousuke. Sumitomo Sousuke just gave an ambiguous answer, think about it.

    You must know that Panasonic Corporation is a powerful ally of the Sumitomo Consortium. At the moment of death, even if the Sumitomo family does not want to help, they will not give such an answer, which is clearly meant to offend people.

    Sumitomo leeches are not surprising.

    Panasonic Corporation has been exploring the Chinese market in recent years and has made a lot of money.

    They took advantage of the Asian financial crisis and when Sumitomo Bank suffered heavy losses, they led a small consortium to establish Matsushita Leaf Bank, which was a blow to the Sumitomo family.

    Now that we are in trouble, if Sumitomo Sousuke doesn't bite a piece of meat from Panasonic Corporation, he is not a Sumitomo!

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