Short-term profits?
It's like losing weight. A slow, steady reduction won't cause harm, but a sudden, drastic reduction will damage the foundation. Even a large company like Toyota couldn't withstand that, mainly because Xing Baohua bought so many shares!
Mitsui Fujisaburo relayed Xing Baohua's words to Toyota Eiji in detail.
This is a coercive tactic.
It's impossible to ignore this; we must resolve it.
There are now only two paths to take: one is to acquiesce to Xing Baohua's actions and endure it, continue to endure it.
Secondly, he wanted to use the funds he had previously raised to repurchase the shares held by Xing Baohua at a premium, in order to ensure stable fluctuations in Toyota's stock price.
Whichever path you take, it will fundamentally damage Toyota's current situation, and it may not recover for several years or even more than a decade.
As for the idea of alerting Wei Laisong, Eiji Toyoda didn't care. If it succeeded, great; if it failed, it wouldn't matter.
Even if Xing Baohua harbors some resentment, it's like having too many lice and not feeling the itch.
Nie Hideo of Toyota convened an emergency high-level meeting.
I roughly explained Xing Baohua's intentions to the higher-ups: they only wanted the Crown's chassis technology and related engine technology.
Whether to sell or not, let's discuss it.
If he doesn't get the money, Xing Baohua will try to make a short-term profit on Toyota and run away.
This will severely impact Toyota's stock price, causing it to stagnate for a long time.
Most investors will be stuck with losses at high prices. No one will buy Toyota stock in the short term, which is detrimental to attracting funds from the stock market.
It's clear that Xing Baohua's approach to Nissan has also worked on Toyota.
But don't forget, R has a very unique quirk: if pushed too far, they'll self-destruct, meaning they'll go through a brutal fight to show you their true colors.
Toyota is really willing to risk losses to fight against Xing Baohua.
There was nothing this guy could do but quit while he was ahead.
The Toyota family held a brief meeting and firmly resolved not to allow Xing Baohua to join Toyota's board of directors.
This is different from Toyota's invitation to Xing Baohua to join the board of directors. Now that the invitation failed, and Xing Baohua is determined to get in, they have no choice but to fight tooth and nail.
cost?
Eiji Toyoda had the audit team start making estimates.
He needs to set up several lines of defense. He needs to determine the psychological threshold for loss; if the loss exceeds that threshold, Toyota will make Xing Baohua understand what national hatred and shame truly mean.
The estimated losses were quickly calculated by the auditors. If Xing Baohua were allowed to continue his mismanagement of Toyota, the losses would exceed five hundred million US dollars.
As for how much higher it will go, that depends on the number of additional votes cast by the Japanese public.
What a crazy bunch! Eiji Toyoda was filled with hatred!
The negotiation team continued to plan a strategy in stages, addressing the difficulties and problems that both sides anticipated during the negotiations.
With Xing Baohua's demands for Toyota in mind, they will develop a strategy based on chassis technology to deal with the upcoming negotiations.
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