Chapter 242: Ito Manzaburo Doge! The birth of a new king!
Tosan Tokyo Head Office, 36th floor, large conference room (3).
In front of the long mahogany table, all directors and senior executives of Tosan gathered together, waiting for the arrival of Takashi Shirakawa and Sosuke Kitahara.
Gennai Ken, who was sitting first on the right, took the lead to stand up after they entered the conference room and bowed to Shirakawa Takashi. On the other side, Hiraiwa Keiichi looked at Kitahara Sosuke, who was strutting his head high, with an uncertain expression.
Among the attendees was another person whom Kitahara Sosuke was very familiar with—Ito Mansaburo.
Shirakawa Takashi sat at the front seat, and everyone else followed suit. Only Kitahara Sosuke, who was holding a briefcase, stood in front of the lobby, facing a bunch of big guys from Tosan alone.
The sluggish-looking Manzaburo Ito had long lost the vigor he had at that time. He did not even dare to look at Kitahara Sosuke and sat down with his head lowered and remained silent.
"Let's get started, Acting Kitahara Branch President." Takashi Shirakawa's loud voice echoed through the conference room lobby. Others also cast their gazes, curiously looking at this young man who turned Osaka upside down and now came to the head office to show off his power.
"Dear leaders of the head office, I am the Osaka Chuo District branch of Tosan. The branch president acted as Kitahara Sosuke. This year, I replaced the former branch president Asano Naoto and took over the business of Osaka Chuo District. To date, I have successfully completed the new tasks assigned by the head office board of directors.
Performance and bad debt settlement are two major tasks. The above is the annual summary form of our branch. Please take a look."
Mieko Sakai, who was beside Sosuke Kitahara, walked over and distributed the stack of information one by one to the board members present.
As soon as he finished speaking, everyone couldn't help but marvel.
It's not even December yet, it's only the beginning of November, and he has completed the tasks assigned by the board of directors of the head office!
They know very well how much impact the triple crisis of the housing market, stock market and the Gulf War will have on Dongsan this year. Many branches and branches affiliated with them are in a mess and are on the verge of restructuring. The total amount of bad debts in Dongsan has reached 2
It’s about 1 trillion yen, which gives them a headache!
The task of adding new performance was originally highly accomplished due to the stimulus of the housing market recovery and the Juliana Tokyo project. However, with the recent series of events, the new performance has become a burden, and performance has become a new bad debt.
Instead, it dragged down a lot of branches.
Under such an environment, the Osaka Chuo-ku branch actually completed the tasks of the head office board of directors ahead of schedule!
That’s outrageous!
Looking through the annual summary table provided by Kithara Sosuke, as of October 30, 1990, the total new performance of the Osaka Chuo District branch of Tosan was 32.3 billion yen, 300% overfulfilled, and the completion rate of bad debt liquidation of 80 billion yen was as high as 95%
%!
It's jaw-dropping.
"As you can see, the biggest reason why the branch's performance this year can successfully meet the target is the special financing project I created, and the core of this project is... Kitahara, who was not optimistic about Executive Manzaburo Ito at the beginning.
invest!"
Kitahara Sosuke's voice was clearly audible. As soon as he finished speaking, everyone's eyes were directed towards the middle-aged man in the corner who bowed his head and remained silent.
Ito Man Co., Ltd. has declared bankruptcy. Ito Manheizo has been in prison for thirty years. All the Ito Man family's assets are not enough to pay compensation. They fell from the rich super family in Osaka overnight, all thanks to this man!
However, Manzaburo Ito never raised his head.
"Kitahara Investment will be listed on the Tokyo and Osaka stock exchanges on November 30. It has four large companies including Kitahara Logistics, Kitahara Entertainment, Kitahara Services, and Kitahara Technology, as well as a total of 325 different companies.
Clubs are spread all over Osaka, with a total volume of over 100 billion!"
The corners of Kitahara Sosuke's lips raised in an arc, and under the admiration of everyone, he announced the true scale of Kitahara's investment to the public for the first time.
Needless to say, the size of the four large companies is very valuable, but the companies he acquired through the special loan repayment plan through this incident are very valuable, and their assets definitely exceed the 100 billion yen mentioned in the original bet!
Such a huge club was not a subsidiary of Dongsan Holdings. Their first reaction was to sigh, and then they were impressed by this young man's foresight.
What's next for him? Will it be something even bigger?
"Everyone." After Kitahara Sosuke finished speaking, Ito Manzaburo, who had been silent, suddenly stood up, his voice low and lifeless, "I would like to recommend Kitahara Sosuke, the deputy branch president, to pass the special promotion channel and serve as the deputy director of the Tokyo Industrial Bank Kyoto Branch.
The president also agrees that Kithara Investment will be the first reference partner for future investment promotion in the club. The deputy president of the Kitahara Aosuke branch is a rare talent for our Dongsan and should be entrusted with important responsibilities."
The whole place was in an uproar.
At the meeting half a year ago, it was Manzaburo Ito who took the lead in opposing the plan to promote Sosuke Kitahara to serve as acting branch president.
But now, he stood up, and when others thought he was going to fight to the death, Ito Manzaburo spoke up for Kitahara Sosuke!
No one could see Ito Mansaburo's expression.
He escaped, but life would be worse than death. Now he has lost his status and reputation in Tosan. After discussions between the HR Department of the head office and the board of directors, it was decided to transfer Manzaburo Ito to the Middle East Securities Exchange as the vice president.
Once you go, you will never come back.
This was also the last meeting he held here as a member of the Dongsan board of directors today, but the last words he said were these, which is disappointing.
Kithara Sosuke looked at him, still with a smile on his face.
When he was in the detention room of the Osaka Police Headquarters, didn't he swear that he would never admit the so-called lies?
Manzaburo Ito seemed to have suddenly lost all his vigor and vitality.
But it’s not over yet!
Kithara Sosuke looked at him, and just when he was about to sit down, he suddenly said loudly: "President Manzaburo Ito, please fulfill your promise!"
Manzaburo Ito stumbled and almost fell.
Kitahara Sosuke looked at him and continued to say in a strong tone: "If I increase the total assets of Kitahara Investment to 100 billion within a year, then you will have to apologize to me and admit that what you said before is all nonsense.
Talk! Everything you do, say and do is ridiculous! If you think it is opportunistic for me to use the Gulf War to earn 100 billion, then now, excluding those profits, Beiyuan Investment will far exceed 100 billion in assets.
As long as it's listed on the market, it's enough to meet this standard, right?"
Everyone looked at Manzaburo Ito.
This can't be the case...
thump!
Just when everyone else thought that Manzaburo Ito would not do this, he suddenly knelt down on his knees in front of Kitahara Sosuke, crawled to the ground, and said loudly in the most standard Doge seat posture: "I...
I admit it! I, Manzaburo Ito, admit that what I said and did to Kitahara Sosuke and Kitahara Investment was extremely ridiculous! I am deeply sorry for such ridiculous remarks!"
"I'm really sorry!"
"Ahhhhh!!!"
"Sorry, sorry, sorry, sorry, sorry..."
The huge conference room echoed with Ito Mansaburo's hysterical crying and apology.