Chapter 342 Economic Savior

"Boss, the president of Toyota Motor wants to see you. He's just outside the door." Hardy's assistant came in and reported.

Hadi wondered,

He is not responsible for acquisitions, as that is mainly handled by the conglomerates. The seven major conglomerates have a unified plan. There are currently six or seven hundred large companies in Japan that can be acquired. If they all come to Hardy, he will be exhausted to death.

"What's up with him?" Hardy asked.

"He said he wanted to see you alone and talk to you about the future of Japanese cars," the assistant said.

toyota motor.

It later became the number one company in Japan.

Hardy thought about it.

"Let him in."

The assistant went out and came back with a middle-aged man shortly afterwards. Hardy had met him at the welcome party. He was Kiichiro Toyota, the boss of Toyota Motor.

"Hello, Mr. Hardy, I am sorry to bother you!"

Kiichiro Toyota bowed deeply to Hardy.

Kiichiro Toyota is in his 50s and wears a pair of glasses. He can be said to be in his prime.

"Please sit down. I wonder what you want to talk to me about, President Toyota. If it's about an acquisition, you can go and discuss it with the consortium?" Hardy asked.

Kiichiro Toyota bowed again, then sat on the sofa, but with his butt half bent over, looking very respectful.

"Mr. Hardy, I would like to introduce you to Toyota and the current status of the Japanese automobile industry. It may be helpful to you in planning the Japanese automobile industry." said Kiichiro Toyota.

Hadi nodded. "Okay, go ahead."

Kiichiro Toyota introduced that the Toyota family originally opened a textile company, which was sold to the British Pratt Company in 1929. He was interested in the automobile industry and later got involved in automobile manufacturing.

The entire Japanese automobile industry started by imitating Europe and the United States, and Toyota was no exception. During World War II, Toyota received certain orders, which allowed Toyota to gradually develop. However, Kiichiro Toyota was very honest and told Hardy that the orders they received were very small, which could not be compared with the automobile departments of other Japanese conglomerates.

After the end of World War II, Toyota Motor was punished for its involvement in providing equipment to the military, but fortunately it was not shut down.

Previously, Japan's automobile giants included Mitsubishi, Isuzu, Nissan, Subaru and other companies. They were all industries under the conglomerate and were huge in size.

Also because of their large-scale involvement in military industry, some automobile factories were directly sealed off and confiscated by the US military. Among the 300 Japanese military industrial enterprises acquired by Hardy and his team were several automobile factories. Now all those factories are in the hands of Hardy and his team.

After hearing the news, Kiichiro Toyota was very worried. He knew that the level of development of the American automobile industry was far beyond the current Japanese automobile industry. If American conglomerates opened automobile factories in Japan, his Toyota would be squeezed to death.

Mr. Hardy once said that Japan will mainly develop daily necessities and light industry in the future, and its automobile factories will become supporting parts manufacturers for factories in the United States.

It seems that these consortiums have no shortage of supporting factories. When he went to negotiate the acquisition with those consortiums, some of them were unwilling to respond. He quoted a price himself, hoping to sell 30% of the shares, obtain US$2 million in funds, and get technical support.

They just glanced at it and threw it back, "We are not interested in your conditions. Go back and think about it again."

He was dismissed with one word.

He thought about it for a whole day and decided to find Hardy, hoping to persuade him to support Toyota. After listening to Kiichiro Toyota's speech, Hardy's expression did not change.

The Toyota of today is far from the Toyota of later generations. Not to mention compared with American car companies, even in Japan, it can only be regarded as a second-rate or bottom-tier car company.

"Mr. Hardy, I hope to have your support. If we merge the other seized factories, Toyota Motor will quickly become the largest automaker in Japan. I guarantee that I will make huge profits for you." said Kiichiro Toyota.

Hardy found it funny. Was this the beginning of involution, preparing to devour its peers?

"What are your terms?" Hardy asked.

"I am willing to give up 40% of the shares in exchange for 2 million US dollars and merge with other factories," said Kiichiro Toyota.

Hardy shook his head.

"Those factories all have their own uses. As for the complete vehicles, we originally did not want to keep them. If you are willing, I will let several companies acquire Toyota's shares, and your family can retain 30%."

"For $3 million plus a $3 million low-interest loan, I can promise that Toyota Motor will have access to advanced manufacturing technology and production lines from American automakers."

"Toyota Motors completely abandoned other factories and only kept its car and van production lines, and was not allowed to get involved in any category that could provide assistance to the military industry."

"If you agree to these conditions, go and talk to the representative group and they will make the specific arrangements. If you disagree, you can operate freely."

Kiichiro Toyota heard the firmness and challenge in Hardy's tone, so he stood up and bowed to say goodbye.

"I will give it some thought, Mr. Hardy."

Hardy asked his assistant to escort Kiichiro Toyota out and told him to tell the delegation his decision.

The purchase price was US$3 million.

$3 million low-interest loan.

This money did not come from other banks, but from the 570 million he brought. It was aid funds, and it was used for this purpose.

Hardy gave the delegation a right that any Japanese company that accepted an acquisition by the seven major conglomerates would not only be able to obtain American technology, but also receive varying amounts of support funds, that is, low-interest loans.

5-year term.

The interest rate is so low that it can be ignored.

Just this one.

It will attract countless companies.

They are living in a very difficult situation now. The seven major conglomerates have brought them the funds they most desire, low-interest loans, sales channels, and access to American technology.

What is this.

This is father's love.

We have whatever you need, as long as you listen to our instructions.

How many companies can withstand such conditions? On one hand, there are superior conditions, and on the other hand, if you don't cooperate, you will die. What will you choose?

As for nationalism.

The country has been occupied by others, so what's the point of talking about ideology?

Many companies chose to surrender.

Time passed quickly, and it was late September in a blink of an eye. Hadi and his team had been here for more than a month, and during this period, the delegation had acquired more than 300 companies in total.

Hardy has provided a total of US$350 million in low-interest loans to various industries including electricity, water supply, electrical appliances, and automobiles.

After receiving the funds, these enterprises quickly resumed production, and many of the original skilled workers returned to their jobs, which solved the employment problem for hundreds of thousands of laid-off workers.

Having a job means being able to earn money, and having money means having food to eat.

Have to admit it.

The Japanese are very hardworking, much more hardworking than Americans. They work hard without complaint, and jobs are hard to find nowadays, so they cherish the ones they have.

The workers in the factory worked overtime to produce the products. No one slacked off for fear of being fired by the management.

In American factories, workers go on strike at any time.

The unions have made the workers very cunning, and many factories have strikes every six months to a year.

Moreover, American workers’ wages are high, more than 10 times higher than those in Japan. In the eyes of chaebol managers, these wages are negligible.

Hardy Shipping re-established a shipping company in Japan. Hardy took out all the remaining cargo ships and suddenly became the largest shipping company in Japan.

So far,

All of the post-war freighters purchased by the U.S. military have been consumed.

However, he also used this opportunity to complete his global shipping layout.

Those contracted companies received orders for spare parts from American factories. Excluding transportation costs, these spare parts are much cheaper than if they were produced in the United States.

The factory started operation.

The workers received their wages.

Everyone was smiling.

Finally I can have a full meal.

In today's Japan, Hardy has only been here for over a month, but people can already feel a noticeable change. The country is no longer as lifeless as before, but has become full of vitality.

Today, a large number of Japanese companies, especially those producing daily necessities, are working day and night to produce products. The products they produce are shipped to the United States. After secondary processing in the United States, they are simply labeled and shipped to Europe, with the United States making a profit from the price difference.

Various machine parts factories also started operations one after another, signing contracts with American machine factories to provide cheaper parts.

On this day, a Japanese newspaper reported an article:

"Record of the great changes that Special Envoy Hadi brought to Japan during his fifty days in office!"

In the article,

I counted down what Hardy did after coming to Japan.

The acquisition of factories and the recruitment of workers to resume work have solved the employment of millions of people. These workers are the backbone of their families and have indirectly solved the life problems of millions of people.

The port transports goods day and night, and in return brings in more food.

The rest of the article is full of praise, praising Hardy to the sky, as if Hardy had become the savior of Japan.

MacArthur is now in Osaka, which is close to the sea and has a US military base. When he saw the report in the newspaper, his face turned a little ugly.

The Japanese used to praise him so much, but now they turned around and knelt down to worship Hardy, which made the proud MacArthur very uncomfortable.

"Economic savior, it's really ridiculous. If I hadn't stationed hundreds of thousands of troops here, if it hadn't been for my previous work, he wouldn't have been able to achieve such results."

But MacArthur was also a little puzzled.

He was a little surprised that Hardy had remained patient and had never come to him since he had seized those sealed-off military factories.

Originally, he planned that if Hardy came to him, he would be more humble and recognize his position. He would teach him a lesson and let him know that he was the ruler of Japan, and then he would give him the factory.

After all, it was a decision made by Congress and he couldn't keep blocking it.

But Hardy only contacted him once. After he left, he never contacted him again. Instead, he turned around to acquire Japanese companies and is now doing very well.

In fact, MacArthur was not as calm as he appeared to be. After all, those assets belonged not only to Hardy, but also to the seven major conglomerates. If he offended the seven major conglomerates, it would be difficult for him to bear it.

The current situation is that Hardy won't look for him, which puts him in a difficult position.

But if he took the initiative to look for Hardy, he felt it would be embarrassing. All his previous efforts would be in vain, and the other party would know that he was afraid. The matter was stuck here.