But if any worker refuses to work, he will sue them for violating the labor agreement.
The union members nearby were unhappy, saying, "They're treating us like decorations!"
The labor union believes that Xing Baohua has violated the employment agreement by arbitrarily dismissing or transferring him from his job, which is a violation of labor law.
At this point, the legal team connected with the union members. Xing Baohua was indeed no match for verbal sparring; he didn't know anything about the rules and regulations.
The working group from the R government was responsible for mediating the dispute.
At this moment, Xing Baohua continued to speak to the three worker representatives: "When you go back to work, I will ask the board of directors to set aside a sum of money as an employee fund. This money will be given to you as an extra reward based on your length of service, which can be used to repay loans or for your children's education."
"If you continue to oppose the company or me personally, I'm sorry, whoever causes trouble will be fired. There are many, many unemployed people all over Japan. You don't mind if they take your jobs, do you?"
"Go back. I'm telling you all what I'm saying. Don't let some people mislead you into getting involved. You can't afford to play this game, and you can't afford to gamble."
After saying these words, Xing Baohua left first.
He brought many people with him, and they all left, leaving behind the union members, three worker representatives, and the government's working group, all staring at each other dumbfounded.
Especially the three worker representatives, it seemed like they only listened to Xing Baohua state his conditions, even though they had forty or fifty! They didn't mention a single one?
The problem is that the three of them won't be able to explain themselves to those people when they go back!
And didn't Xing Baohua just mention employee benefits? They're still going to work tomorrow, and they'll still be paid based on full attendance and performance bonuses?
Those people can no longer be considered Nikon workers; we don't care whether they live or die.
So the worker representative went back and told everyone that they would be working tomorrow and that there would be full attendance bonuses and performance bonuses this month.
The boss will set aside a sum of money from the shares as a fund pool, which will be distributed according to seniority and used for things like loan repayments and children's education expenses.
If you count on your fingers, which company in all of Japan would offer its workers such good treatment?
After listening to the representatives, the union members felt they had worked for nothing! They hadn't secured any benefits for these people. And what about those who initially instigated the strike? Wait, where are they?
None of them showed up today!
The R government's working group, seeing that things were almost settled, immediately demonstrated their capabilities by persuading them to resume production and return to their posts, so as not to affect the R government's tax revenue because of a few individuals.
After returning to headquarters, Xing Baohua instructed his secretary, Kawaguchi, to notify the shareholders to hold a meeting.
You're all afraid of capital injections, aren't you? Well then, let's inject capital. You're all causing us no peace of mind. Look how badly the stock price has fallen. Those shareholders are holding onto their stocks and refusing to let go. They're practically pregnant!
We need to expand the share capital to make the shares freely tradable. As for your shareholding ratio, we won't consider that.
Thus, Xing Baohua convened a public shareholders' meeting to discuss the issue of tradable shares in the stock market.
After learning that Xing Baohua had unilaterally concluded the negotiations, Noi Misaki went to the factory with the newly appointed factory director and senior executives to oversee operations. Each executive carried a thick red envelope (a monetary gift).
Give one to every worker who comes to work, as a way of thanking them for their hard work.
Now everyone at Nikon knows about Xing Baohua's domineering style.
If they don't listen, we'll fire them; if they're not happy, they can sue us all they want.
Even the smart ones know Xing Baohua's tricks; before you can even file a complaint, he'll have someone beat you up first.
If you publicly say that Xing Baohua did it, you'll get a lawyer's letter accusing you of defamation.
It gives you a feeling of being helpless, like you can't get help from anyone.
There was no one to turn to for help; the world was dark.
Xing Baohua's ruthless methods were also circulating within Nikon. It was basically telling you, don't cross the line.
I don't know who leaked Xing Baohua's past dealings with the Yamaguchi-gumi, which is even more frightening.
As a result, the factory, headquarters, and subsidiaries all behaved themselves.
As for the shareholders' meeting, Xing Baohua did all the talking, and there wasn't a single person who objected.
It's like this: since you can't resist it, just enjoy it!
At the shareholders' meeting, Xing Baohua proposed to inject $200 million into Nikon, increasing his shareholding to 61.32%.
After a series of share expansions and a stock incentive of 10 shares for every 1 share held, Nikon's stock finally rebounded.
After five consecutive days of sharp rises, Xing Baohua sold the stocks he had previously bought at low prices, making a profit of several hundred million yen, which was actually just over a million US dollars.
Afterwards, in order to fulfill his promise, Xing Baohua set aside 2% of his shares as an employee fund reward pool. Of course, he didn't take this 2% for himself; all the shareholders contributed together, and he only took the majority.
The fund's reward pool is distributed annually. An application is required.
Of course, this money isn't easy to get! How much you get depends on how much profit Nikon makes. If they're losing money, you won't get a single penny.
Next, Xing Baohua instructed the employees to work hard, and whether they could receive a big bonus this year depended on their performance.
To be honest, the Japanese are very efficient at work, and many of them have a strong sense of responsibility, especially towards their companies. These are some of their strengths; of course, if they were also obedient, that would be even better.
After this incident, some opposition parties in the R government suggested that Nikon's core business should be brought back.
There was a strong outcry, and the media kept reporting on it.
The employees at Nikon's factory and headquarters also know this, but they simply don't care. If this continues, they probably won't get a single penny of bonus at the end of the year. Those people don't have loans, don't have children, and don't support their elderly parents, so of course they don't know the suffering of the workers.
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