Author: quiet thoughts

Shirakawa Holdings actually brought the current Hokuto Bank under its umbrella, and the promotion of Sasaki Kikuji also played an important role that cannot be ignored.

How could Shirakawa Kaede enter the game so easily without the help of local leaders, even if Hanago Bank had encountered operating difficulties before.

As the governor of Akita Prefecture, a local government, Kikuji Sasaki also has great power in some aspects.

In addition to autonomy, it also formulates regulations and rules, initiates and collects local taxes and burdens, initiates local bonds, etc.

Basically, if the county has sufficient finances and is less dependent on the Japanese government, the power of the local government will be greater.

Under normal circumstances, more than 55% of the affairs of this county can be self-determined, and the rest are basically affairs entrusted by the Japanese government.

Therefore, as the governor of Akita, Kikuji Sasaki is definitely a powerful figure.

That's why the opponents in the Yugo Bank shareholders' meeting, under his kind words, obediently took the money and left.

Of course, Sasaki also made some compensations in other places, which were all the result of mutual compromise.

So as the governor, Sasaki Kikuji gave up his chips, and what did Shirakawa Kaede give in exchange?

In addition to his second son Yingshi joining the shareholders' meeting of Beidu Bank, some positions within the bank will also be temporarily vacant as several shareholders cash out and leave.

As for these vacant seats, they will soon be filled.

Most of them are children or other relatives of the Akita Affairs Bureau, some high-ranking officials.

All these things are understood tacitly by everyone.

In addition, Shirakawa Kaede Electrical Appliances will also officially build a northeastern branch in Akita City.

In the next two years, it is expected to invest 1 billion yen to build an audio equipment factory. This factory will be specially used to produce speakers, speakers and other equipment.

As Shirakawa Electric gathers more and more audio engineers, its accumulation of audio technology is enough to support its independent development of professional audio equipment.

Although this part of the market is not as big as the Walkman, in order to enrich the product line, Shirakawa Kaede decided to enter the audio market.

Moreover, future breakthroughs in professional audio technology can also feed back into the field of portable listening and future CD players.

Therefore, building an audio equipment factory in Akita is also a step in the future development strategy, not just for this business.

The actual benefits attached to Hokuto Bank and Shirakawa Electric's series of investments in Akita are the returns given by Shirakawa Kaede.

Yuhou Bank received a large amount of financing and instantly reversed its business difficulties.

Sasaki Kikuji has stable financial resources behind him, and Akita's economic development has taken a further step.

The subsidiaries of Shirakawa Holdings include Hokuto Bank, which fills its own shortcomings in the financial field.

In this way, everyone gets what they need.

What's this?

This is win win win! Three wins!

The entire transaction, at least on the surface, does not involve the slightest personal interest, but in fact everyone involved has benefited.

Even those bank opponents stopped making all sorts of sarcastic remarks about Shirakawa Kaede after taking the 10% premium offered by Shirakawa Holdings.

After all, such a large amount of cash actually tastes quite good when you hold it in your hands.

As we approach late January, the delivery of the interests of all parties has finally been completed.

With such a large transaction, it is naturally impossible for the outside world to remain calm.

Not only in Tokyo, almost all the media in Akita Prefecture are reporting on this incident.

Many people in Akita Prefecture know about Shirakawa Electric.

This bank acquisition made the name Shirakawa Kaede even more famous in Akita Prefecture.

Fifty to sixty billion in funds is absolutely an astronomical amount in this era.

Therefore, at the media conference, Shirakawa Kaede, who was standing in the middle of the signing team, seemed to be the target of reporters' pursuit.

However, he is low-key by nature, except for talking about Shirakawa Electric's future development in Akita.

Most of the time, I maintain a humble attitude.

Young, promising, unassuming, and super rich, this image has won the favor of countless people.

And then the Akita Prefectural Office awarded Shirakawa Kaede the Honorary Citizen Medal of Akita Prefecture, which made the people at the bottom have a good impression of him.

This honorary county citizen medal is in recognition of his free donation for this heavy snow disaster.

Look, he saves local businesses in times of crisis, and uses his own money to subsidize victims in border areas whose farm work has been damaged.

What kind of image is this? It’s so glorious and upright.

Well, it’s better to maintain a more positive image of the founder of the company.

This is a good thing for Shirakawa Electric and is also conducive to Akita Prefecture official publicity.

As for those opponents who had some complaints, Sasaki directly rebuffed them by saying, "Don't say anything that is not conducive to unity."

Therefore, Shirakawa Kaede's name was definitely popular in Akita Prefecture at that time, and he would become a guest wherever he went.

So what is our glorious Shirakawa Maple-san busy with at the moment?

Shirakawa Kaede is now busy giving a final explanation to Arai Yu. Things in Akita have come to an end and he is preparing to return to Tokyo.

"Arai-san, Hokuto Bank is here to trouble you."

Shirakawa Kaede can only say that she has a vague understanding of the banking industry. After all, it is also covered in courses at Meiji University.

But the true theory expert must be Yu Arai, who has worked at Daiichi Bank all his life.

"President Shirakawa, please don't worry, leave the Hokuto Bank to me."

Yu Arai, who has retired, seems to be enjoying the second spring of his career at this moment.

According to a detailed calculation, Beidu Bank has close to twenty branches, which is much more exciting than before when it was the first time to persuade the bank.

Moreover, although Shirakawa Kaede serves as the temporary chairman of Hokuto Bank, real management still requires Arai Yutaka to personally take charge.

With such a huge foundation, although there are many things at stake at the moment, Arai Yu feels that he can still fight for another ten or twenty years.

“Beidu Bank’s current top priority is to sort out the interests of various investments.

Those primary industries that have no prospects should stop losses in time and cut them in time.

The bank's subsequent investments will mainly focus on emerging areas such as the service industry or potential technology industries."

Originally, many of Yugo Bank's investments were quite unbelievable.

Let’s not talk about agriculture. After all, it is Akita’s pillar industry.

Although the income is not much, it is better than stability. Bai Chuanfeng does not plan to touch this part.

But what are those mines that are running dry?

At first, when Shirakawa Kaede saw that there was mining in the investment directory of Hanago Bank, he was even happy.

Is it possible that in the future, I will become a mine owner at home?

As a result, I checked several small mines in Akita and found that the ore output has been decreasing year by year since the 1970s.

By the early 1980s, some of them had even ceased production due to resource depletion.

Such an investment that is doomed to have no future, if you don’t cut it off, how can you keep it for the New Year?

"After the information here at Beidu Bank has been sorted out, I will send a copy to President Shirakawa in time."

Yu Arai probably understands what his president is thinking: if investments involving energy have no future, they should be abandoned immediately.

The reason why the original Yugo Bank was reluctant to do this was simply because of the influence of energy.

But this seems to Shirakawa Kaede to be completely pedantic and not pursuing emerging industries.

It is simply unreasonable for the traditional energy industry to watch the sunset.

Now that Bai Chuanfeng has taken over, in order to rectify resources, there is only one word for dealing with these investments: cut them off!

However, which investments will be cut off will definitely require Shirakawa Kaede’s nod and signature.

“In addition, Hokuto Bank’s headquarters is in Akita, but it also has its own office in Tokyo.

If Hokuto Bank wants to expand its influence in the future, Tokyo is the place it cannot avoid.

Therefore, in addition to the five northern counties, Tokyo is the second focus of our operations.

The earlier you plan your layout, the better you can occupy a favorable position.

Especially foreign exchange business, this is an important measure to integrate with international standards, and there must be no mistakes.

In addition, our business should not be limited to the public settlement field.

Personal insurance business and even future public bonds must be planned in advance.”

The traditional income of banks is nothing more than interest income, fee income, and investment income.

But in addition to these, some intermediary businesses can also be developed.

The so-called intermediary business probably includes bank card business, financial management business, agency sales, etc.
To be continued...