69novels Chapter 5 Fuji Metal Industry
Chapter 5 Fuji Metal Industry
The morning meeting ended at 9:40.
Section Chief Masakazu Yamada closed the folder and announced the meeting adjourned.
The sound of chair legs scraping against the floor filled the air as the staff of the financing review department stood up in twos and threes and headed for the door.
As soon as Kiryu Yaya stood up, he heard a cold voice from his right.
"Kiryu-kun."
Chihaya Yuri didn't look at him, but instead lowered her head to organize the documents in front of her, aligning the loose pages and tapping them lightly on the table twice.
"You stay here for a moment."
Several colleagues glanced briefly at Kiryu Yaya before quickly looking away.
The last person closed the door, leaving only two people in the meeting room.
Chihaya Yuri put the organized documents aside and looked up.
Her posture was always perfect, her body ramrod straight.
So the off-white silk shirt suffered the most.
The first button at the neckline was fastened neatly, but starting with the second button, the fabric was stretched into a subtle tension.
"Kiryu-kun."
"Ah...yes."
"You arrived right on time today."
"You walk in at 8:55 when the roll call is opened. If you call roll even a minute earlier, you'll be late."
Kiryu Yaya lowered his head:
"sorry."
"You don't need to apologize."
Chihaya Yuri placed her hands together on the table.
"I just want to tell you one thing. In the banking industry, there's no difference between almost making it and actually making it. Whether you almost made it or you missed it, the result is the same."
She paused for a moment.
Do you know why that metal processing plant in eastern Osaka was denied a loan last week?
Kiryu Yaya raised his head.
"Just because their president was three minutes late."
"He said it was because of traffic. But the fundraising course doesn't look at the reasons, only the results. A business owner who is even late for a meeting is completely unqualified in terms of time management, crisis prediction, and respect for partners."
"Lending money to such people is creating bad debts for banks."
Her gaze fell on Kiryu Yaya, like a ruler measuring his size.
"You're new here, so I'm telling you this today. But next time, I won't say it a second time."
Kiryu Yaya didn't refute it, nor was there any need to refute it, because that's just how the Japanese workplace is.
He bowed deeply.
"I'll remember that, Section Chief Chihaya."
Chihaya Yuri glanced at him for two seconds, seemingly satisfied with his attitude, then looked away, picked up the documents on the table, and stood up.
"Come with me. I have an appointment with a client at 10 o'clock. You can come and listen in and learn as well."
Kiryu Yaya nodded:
"OK."
Chihaya Yuri walked to the door and said without turning her head:
"A small or medium-sized enterprise that makes auto parts needs a loan of 30 million yen for equipment upgrades. I've reviewed their documents, and their fundamentals are fine. If all goes well, we can sign the contract this afternoon."
She opened the door and glanced at Kiryu Yaya:
"This is your first time going to a filming location with me. Observe more, listen more, and talk less. Understand?"
"clear."
Kiryu Yaya followed and said.
Section Chief Chihaya is a person who speaks precisely, sharply, and without holding back, but it's hard to say that she's wrong.
She wasn't deliberately making things difficult for herself; she treated everyone equally.
……
The reception room for the financing review department is at the far end of the third floor.
Chihaya Yuri walked in front, with Kiryu Yaya following half a step behind.
The frosted glass doors on both sides of the corridor receded one by one, and occasionally faint conversations could be heard inside.
"Fuji Metal Industries, the section chief and I have been following up with this client for two months."
Chihaya Yuri's voice was very low, only the two of them could hear it.
"The president is Kenichiro Nomura, 52 years old, and the company specializes in precision machining of automotive engine parts. Their main clients are Nissan and Matsuda, with whom they have been cooperating for over ten years. Looking at their financial statements, their cash flow is stable, their debt structure is reasonable, and their guarantees are sufficient."
"The purpose of the loan is to purchase new equipment."
Chihaya Yuri stopped in front of a door at the end of the corridor; the sign on the door read "Third Reception Room".
She turned around and looked at Kiryu Yaya.
"Remember this—observe more, listen more, and speak less."
"Yes."
Chihaya Yuri reached out and pushed open the door.
A long, dark brown table, four leather chairs of the same color, and a neatly trimmed foliage plant against the wall.
A man was already sitting inside.
Kenichiro Nomura.
He was fifty-two years old, his hair was already gray, but it was neatly combed, and he was wearing a dark blue suit.
Upon seeing Chihaya Yuri enter, he immediately stood up, bowing more deeply than usual during a casual greeting.
"Chihaya, thank you for your help today as well."
His voice was a little hoarse, but his smile was very genuine, and deep lines appeared at the corners of his eyes.
"President Nomura, I apologize for keeping you waiting."
Chihaya Yuri sat down opposite him, and Kiryu Yaya sat to her right.
"This is Kiryu, who is in our financing class. He's auditing the class today."
The introduction to Chihaya Yuri is brief.
Kenichiro Nomura turned his gaze to Yaya Kiryu, and nodded with a smile:
"Kiryu-san, nice to meet you."
Please take care of me.
Kiryu Yaya bowed slightly and casually activated "Banker's Eye".
Since Chihaya Yuri asked him to learn, he definitely had to immerse himself in the role. How could he possibly sign a contract without checking the information on the panel before signing?
【Kenichiro Nomura】
Age: 52
[Position: Representative Director and President of Fuji Metal Industries, Ltd.]
Annual salary: 1200 million yen (military service pay)
【assets:】
1. Mitsubishi Bank's general advance payment: approximately 380 million yen.
2. Sumitomo Bank general deposit: approximately 210 million yen
"3. Osaka Shinkin Bank's fixed deposit: about 500 million yen"
4. Real estate/factory land (Higashi-Osaka City): appraised value of approximately 6000 million yen.
5. Real estate - owner-occupied residence (Joto Ward, Osaka City): appraised value approximately 4000 million yen.
Total assets: Approximately 6.094 billion yen
[Liabilities:]
1. Mitsubishi Bank - Business Funding: 5000 million yen
2. Sumitomo Bank - Business Funding: 2500 million yen
"3. Mitsubishi Bank·Residential loan (home loan): 1200 million yen"
4. Illustrated Consumer Finance (Unsecured): 2300 million yen
"5. Promises Consumer Finance (Unsecured): 800 million yen"
Total liabilities: Approximately 20.02 billion yen
Net assets: -710 million yen
Looking at the asset interface, Kiryu Yaya's pupils contracted slightly.
アイフル、プロミス、アコム——
These three companies are among the largest consumer finance companies in Japan, and they are known for their extremely high interest rates on unsecured microloans.
Annual interest rates are generally between 20% and 29%, and are figuratively called "usury" or "salad money".
Consumer financial liabilities of 3100 million yen.
This means that the monthly interest alone could amount to as much as 700,000 to 800,000 yen, which could almost eat up the entire monthly salary of a middle manager.
In Japan in 1991, if the president of a small or medium-sized enterprise was burdened with over 30 million yen in high-interest loans, there were only two possibilities:
Either his personal life has become deeply entrenched in corruption, gambling, speculation, or some other shady dealings.
Either the company's cash flow has dried up, forcing him to borrow money at high interest rates in his personal name to cover the operating losses.
Regardless of the possibility, they all point to the same conclusion:
Fuji Metal Industries' true financial situation is far from as healthy as its financial statements suggest.
If Mitsubishi Bank signs this loan, there is a high possibility that it will lose everything.
Kenichiro Nomura took a stack of documents out of his briefcase and spread them out on the table.
"This is the equipment supplier's latest price list. It's 30 million yen, a slight decrease from last month's price. They're willing to offer a discount because they have fewer orders recently."
Chihaya Yuri took the price list and read it line by line.
Is the installation and debugging fee included?
"It's included. Transportation, installation, and debugging are all included."
What about the disposal of the old equipment?
"We have already contacted a used equipment dealer, whose estimated value is around two to three million yen. This portion will also be used to offset the loan."
Chihaya Yuri nodded and handed the quote along with the loan documents to Kiryu Yaya.
Kiryu Yaya took it and looked down at it.
The equipment quotation, totaling 30 million yen, listed every single expense item in detail.
The price of the equipment itself, transportation costs, installation and commissioning fees, and taxes are all stamped with the equipment manufacturer's seal.
It seems there are no problems.
He frowned slightly, quickly flipped through the pages, and found the loan application form, in which the borrower had to fill in personal debt information.
Kiryu Yaya's eyes darted around quickly.
found it!
Regarding his personal debt situation, Kenichiro Nomura filled in:
1. Mitsubishi Bank - Business Funding: 5000 million yen
2. Sumitomo Bank - Business Funding: 2500 million yen
"3. Mitsubishi Bank·Residential loan (home loan): 1200 million yen"
There was no salad gold at all!
In 1991, bank loan information circulated almost exclusively internally; banks had no way of knowing or accessing loans from loan sharking platforms.
This is also the source of Kenichiro Nomura's confidence in falsifying information and obtaining loans fraudulently.
Chihaya Yuri is currently finalizing the contract arrangements with Nomura Kenichiro.
"If confirmation can be completed this morning, the signing and disbursement can be arranged this afternoon. The 30 million yen will be directly transferred to the equipment supplier's designated account."
Thank you so much.
Kenichiro Nomura's voice conveyed genuine gratitude, and his shoulders relaxed slightly.
"To be honest, this money is really important to us. Nissan is placing an additional order next month, and our existing equipment can't keep up with the demand. If this loan isn't approved, the orders might have to be transferred to other suppliers."
Chihaya Yuri nodded slightly.
"That's how it is in manufacturing; if equipment investment doesn't keep up, orders will be lost. Our bank also hopes to support high-quality small and medium-sized enterprises like Fuji Metals."
It was clear that the two had reached an agreement.
Just then, an interface popped up in front of Kiryu Yaya's eyes:
[New life options have been triggered]
[Chihaya Yuri is about to finalize a 30 million yen loan. But you know that Nomura Kenichiro is hiding the truth about a 31 million yen high-interest loan. Now, you have three choices.]
The options are as follows:
[Fork in the road 1: Remain silent. You're new; no one will blame you. Even if this loan becomes a bad debt, it won't be your fault.]
(Reward: Bank deposit increases by 1 yen, nothing happens)
[Branch Two: Subtly remind her before the formal signing of the contract, pose a question to Chihaya Yuri as a newcomer, and guide her attention to Nomura Kenichiro's debts.]
(Prize: One Honda Super Cub 50 moped)
[Bifurcation 3: Direct Exposure, Face-to-Face Questioning of Kenichiro Nomura about Defrauding the Bank of Loans.]
(Reward: Bank deposit increases by 10 yen, and you receive negative attention from Section Chief Masakazu Yamada)