After the Chinese businessman took a stake, the Japanese company, which was originally a near-monopoly, was full of flowers and prospects.
The news of "Chinese capital holding the Tokyo Crematorium" has recently circulated in China. Many media portrayed it as a cool article about Chinese capital's influence on posthumous events for Tokyoites. But when you dig deeper, it's not hard to see that this is a complex story full of crises.
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Seven of Tokyo's nine crematoriums are privately owned, six of which are controlled by Tokyo Hirozen and the Kwangjido behind it (Figure 1). Due to the peculiarities of crematoriums, the people of Tokyo will easily not agree to the construction of new crematoriums, and it is difficult for densely populated Tokyo to accommodate new crematorium merchants, and Tokyo Bozen and Kwangjido have a de facto monopoly in the local area. According to the data, Tokyo Bozen can win 70% of Tokyo's cremation orders every year (this figure matches the fact that it owns 66.6% of Tokyo's crematoriums).
People will leave the world one day. With its rigid nature and annual turnover of nearly 10 billion yen (450 million yuan), Tokyo Bozen is undoubtedly the "golden rice bowl" (not to mention its fixed assets of 1.7 billion yuan). Such a shining golden rice bowl is obviously not something that ordinary capital can touch.
Among the shareholders behind Tokyo Bozen, there are many giants such as Aso Group, which are in Japan's political and business circles. The history of the Aso Group can be mentioned until the Meiji Restoration, when Aso Taiyoshi was a famous coal king in Japan, and later became a member of the House of Nobles, and his descendants have since embarked on the road of politics and business. In order to consolidate their power, the Aso family married the Yoshida family and the Suzuki family, and their power gradually expanded with the help of former prime ministers Shigeru Yoshida and Yoshiyuki Suzuki.
It wasn't until Aso's generation that the Aso family finally survived. Relying on the power of his maternal grandfather (Shigeru Yoshida) and father-in-law (Yoshiyuki Suzuki) and the financial resources of the Aso family, Taro Aso, who succeeded his grandfather, served as Japan's finance minister, vice premier, and prime minister. Many years after leaving office, Aso still remains vice president of Japan's largest party, the Liberal Democratic Party, and his Aso faction is still a major political force in Japan's political scene.
(In addition to the Yoshida and Suzuki families, which are directly related by marriage, the Aso family has indirect marriage relationships with the Hashimoto family-Prime Minister Ryutaro Hashimoto, the Miyazawa family-Prime Minister Kiichi Miyazawa, and the Abe family-Prime Minister Shinzo Abe.) ）
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Even though Tokyo Boshan and the forces behind Guangjitang were so powerful, Chinese businessman Luo Yiwen still took 40% of Guangjitang's shares, becoming the largest shareholder in the decisive sense. Lo Yiwen's methods were impeccable in business, and he used a total of two companies under his name, one after the other to acquire shares in Guangjitang. Only after the completion of the holding did the Japanese businessman discover that the Chinese businessman turned out to be the real controller behind the two companies.
Some Japanese media even gave the headline "Chinese capital monopolizes Tokyo Crematorium" in October (Figure 2).
With such a golden rice bowl, what happened to Tokyo Boshan in Tokyo, which was taken by Chinese capital? Booming, but also giving people a sense of crisis that cooking oil and things must be reversed.
Tokyo Boshan was originally a cremation enterprise with a monopoly nature, and recently it is gradually expanding the funeral service industry in an attempt to achieve a "monopoly" of the entire line. In order to promote this, Tokyo Boshan even requires that businesses other than its funeral companies not use Tokyo Boshan Crematorium for publicity. After China Capital Holdings, Tokyo Bozen not only maintained a cremation monopoly, but also tried to build a monopoly on funeral services, and some small Japanese funeral businesses had difficulty doing business.
Judging from Tokyo Hirozen's aggressive approach to expanding turnover, Luo Yiwen is likely to have paid a high price or even a premium in the acquisition process. After the hype of the Japanese media, the Japanese people's discussion is boiling, and many people are demanding restrictions on Chinese capital, and there is even no lack of calls for the cremation industry to be nationalized (public).
Considering the original political background of Tokyo Hiroshi, Luo Yiwen's future trend will not be too optimistic, even if he is not dismissed, he will inevitably pay more benefits to the Aso Group, which still holds shares, in exchange. It is not so much that the road to Japanese cremation industry of Chinese capital is smooth, but that there are many dangers in it. I can only say that I hope that Chinese capital will work step by step and everything will go smoothly.
