Chen Xia had a very legitimate reason to go to Japan, because he was going to attend the shareholders' meeting of Takeda Pharmaceutical, Japan's largest pharmaceutical company.
As a major individual shareholder holding 15% of the shares, Chen Xia's vote plays a crucial role in the re-election of the chairman.
When Chen Xia acquired these shares, his commitment to Takeda Pharmaceutical was very clear.
He only invests and only wants dividends, and does not actively participate in internal corporate management or factional struggles within Takeda Pharmaceutical.
Although Japanese people appear to be very united when they go abroad, they actually have many factions within their ranks, and it is common for them to do dirty things to each other.
Involution is definitely not a problem that only exists within Chinese enterprises.
Chen Xia's arrival was warmly welcomed by the chairman of Takeda Pharmaceutical, oh, they call him president, Nobuyuki Takeda.
In 1992, Japan's economy was in a very bad state.
With the bursting of the stock and housing bubbles, the entire country fell into economic stagnation. Many companies went bankrupt, and the stocks of those companies that struggled to maintain the situation plummeted.
This includes Takeda Pharmaceutical, which has also encountered some troubles, although their investment in Yuezhou Pharmaceutical Factory in China, which mainly produces hyperlipidemia drugs, has achieved great success.
However, it is difficult to conceal the fact that Takeda Pharmaceutical's investment in Japan failed, especially the collapse of the real estate market, which almost dragged Takeda Pharmaceutical down.
Instead of running a healthy pharmaceutical company, Nobuyuki Takeda used the company's funds to engage in real estate business, hoping to make a fortune.
As a result, the real estate market collapsed and Takeda Pharmaceutical was fleeced by others, causing heavy losses to the company, and the board of directors was immediately held accountable.
This time, the opposition directly proposed a motion of no confidence, demanding the re-election of a new chairman.
Nobuyuki Takeda controls about 30% of the shares, far from more than half. If he wants to keep the chairmanship and the Takeda family wants to continue to control Takeda Pharmaceutical, he must win 21% of the votes.
Chen Xia alone holds 15% of the shares and is the target of active wooing by both parties.
It's a tragedy,
Just by listening to the name, "Takeda Pharmaceutical", you will understand that this pharmaceutical company was originally founded by the Takeda family. So there is no doubt that the Takeda family should have full controlling rights.
The founder at that time, old Takeda, had two sons. The old man was soft-hearted and gave 35% of the shares to his eldest son and 20% of the shares to his youngest son.
Thinking that the two sons hold more than 55% of the shares, the brothers can work together to fully control the family company.
The result was tragic. After the younger son got the shares, he joined forces with other shareholders and wanted to oust his eldest brother and make him the chairman.
After some internal struggle, although the younger son failed to succeed in taking the throne, his relationship with his eldest brother's family became irreconcilable from then on.
The two brothers could no longer cooperate, and each of them brought a group of younger brothers with them, forming two factions in the company.
After several changes in equity, by the time of Takeda Nobuyuki's generation, he only held 30% of the shares, while the other Takeda Yoi held 16% of the shares.
The dispersion of equity has both advantages and disadvantages for Nobuyuki Takeda.
The advantage is that he is still the largest shareholder with 30% of the shares, but the disadvantage is that he has to join forces with other shareholders to form a "coalition government" and then have to give up some interests to others.
The fight between brothers benefits outsiders like Chen Xia. Do you think that if old Takeda knew about this, he would be able to keep his coffin closed?
The experiences of the Takeda family and the Xu Longfeng family also served as a wake-up call to Chen Xia.
He has six children, born to two mothers, which naturally creates a gap and a basis for confrontation.
The Four Seasons Group has a bigger plate, and together they are a powerful force, but if they are scattered, they will definitely be defeated by others one by one.
It's impossible for all six children to be elites, right? There must be a few prodigals among them.
If the industries are distributed, how to keep the Chen family's main business unchanged, and how to create a century-old enterprise and make it a world-famous consortium, this is really a big problem.
In a hot spring club, Takeda Nobuyuki and Chen Xia were drinking together, each with a secretary to act as an interpreter.
"Mr. Chen, please drink this glass. I'll leave this election to you."
"No, no, no. When Takeda Pharmaceutical sold me its shares, I promised that I would only vote for the chairman. So, Mr. Takeda should think about how to win over the remaining shareholders. After all, there is still at least 6% of the shares."
Takeda Nobuyuki drank a full cup, feeling bitter in his heart.
"This was my mistake. I was too confident that the stock and housing markets would continue to rise. I do have to take responsibility, but I have to get back up where I fell. I just can't bear the thought of quitting like this."
Chen Xia looked at the report. This time, Takeda Pharmaceutical's losses have exceeded 1 trillion yen, which is equivalent to 8 billion US dollars.
The loss allocated to Chen Xia is at least more than 1.2 billion US dollars, which is not a small amount, and anyone would feel distressed.
Chen Xia wanted to take advantage of Takeda Pharmaceutical's shares because he wanted to take advantage of the situation. You should know that in his previous life, Takeda Pharmaceutical was a huge enterprise with a total scale of hundreds of billions of dollars.
It is unbelievable that he had only been investing for a few years, and had just increased his holdings to 15%, when such a serious loss occurred. This was something he could never have imagined in his dreams.
Chen Xia bought all these shares with real money.
Although profits are shared, future debts will also have to be borne jointly.
If Chen Xia hadn't been afraid that his butterfly wings would fan Takeda Nobuyuki to death and change history, and if he hadn't been afraid that Takeda Pharmaceutical would get worse under the leadership of the new chairman, he would have voted against it long ago.
Fortunately, Chen Xia knew that Takeda Pharmaceutical had finally survived. After all, its main business was still stable. With some patents provided by Chen Xia in this life, Takeda Pharmaceutical's future development would only be better.
Although he was prepared to support Takeda Nobuyuki, it was obviously unacceptable for the other party not to compensate for such a huge loss.
Personal relationships are personal relationships, and business is business.
You should know that the opposition Takeda Yoi had contacted him privately and offered very generous benefits in exchange.
How could an old man like Takeda Nobuyuki not know that the other party would win over Chen Xia? This secret meeting in private was actually a process of exchanging benefits and winning over others.
The two chatted for a long time, and then the old man handed a wooden box to Chen Xia.
"Mr. Chen, I'm very sorry for this loss, and I'm especially grateful that you've continued to support me despite past grudges. This is a small token of my respect, and I hope you'll accept it."
Chen Xia shouted in his heart, "Here it comes, the sex scene is coming."
But on the surface, he remained calm and composed: "Mr. Takeda, you don't have to be so polite. After all, we are allies. We share the good and the bad."
Although he said so, when he took the wooden box, his movements were steady, accurate and fast, with absolutely no intention of refusing.
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