noveldepot Chapter 45 Three-line note
Chapter 45 Three-line note
Kiryu Yaya picked up the second note.
That was the handwriting left by Keiko Miyazawa's father.
The strokes were trembling, clearly indicating that the writer was in poor physical condition while writing.
Keiko Miyazawa looked at the note and said:
"This was left in the study drawer two days before my father passed away."
"I've never shown it to anyone else."
Kiryu Yaya looked at the note.
The above consists of only three short lines:
"Kouza Sein Ahara Watanaru"
"The loan application for the Rokko case needs further confirmation."
「Soke Co., Ltd. Guaranteed Touchれるな」
These three sentences mean:
"Don't hand over the bank's seal to the original owner."
"Recheck the loan list for the Rokka case."
"Don't even think about mortgaging the Zong family's shares."
Kiryu Yaya's gaze lingered on the last line.
Zongjia Shares.
guarantee.
It perfectly matched what he saw today using the "Banker's Eye".
It seems that Miyazawa Keiko's father had noticed something unusual in the later stages of his illness.
However, he didn't have time to completely clean things up.
Does your uncle know about this piece of paper?
"have no idea."
"Does anyone else know?"
"no."
"very good."
Kiryu Yaya folded the note again and put it back in her hand.
"Don't show this to anyone yet."
"For the time being, we don't need any of our family's senior staff, secretaries, or lawyers."
Keiko Miyazawa nodded.
"it is good."
Kiryu Yaya then picked up the third document.
Those few pages of photocopies were a simplified organizational outline of the Miyazawa Group.
Miyazawa Real Estate Development.
Miyazawa tourism development.
Miyazawa Transportation.
Miyazawa Hotel Management.
Rokko Golf Course Development.
The list of company names revealed a more complete scale than he had imagined.
Among them, two names were lightly circled by Keiko Miyazawa with a pencil.
One is—
Miyazawa Tourism Development Co., Ltd.
The other one is—
Rokko Golf Development Co., Ltd.
"Did you draw those two circles?"
"Um."
Why?
Keiko Miyazawa pursed her lips.
"Because in the past month, my uncle has mentioned these two companies the most when he has meetings with banks, lawyers, and accountants."
"And every time Rokko Golf is mentioned, his face turns very ugly."
"Once I passed by the conference room and heard him say inside that we just need to hold on for another six months."
"But as soon as I went in, he stopped talking."
Kiryu Yaya did not respond immediately.
He turned to the ill-cut, tattered page of the borrowed money book.
That piece of paper was clearly not complete information.
There were still traces of it being hastily torn off at the edges.
The title is only half a line long.
Main borrowings list (as of March 3rd, Heisei 3rd year)
But the numbers above are already glaring enough.
[Rokko Golf Development: Sumitomo Bank secures 5.06 billion yen in project financing]
Daiwa Securities Group borrows 8 million yen in the short term.
[Internal Group Alternative: 12 Billion Yen for Miyazawa Tourism Development]
[Insufficient preparation for refunding members' prepaid deposits]
Kiryu Yaya tapped the paper twice with his fingers.
Keiko Miyazawa remained silent, simply observing his expression.
After her father passed away, everyone told her, "Don't worry," "Leave it to the adults," and "The most important thing now is stability."
The uncle's gentleness, the lawyer's caution, the secretary's perfunctory attitude, and the bank branch manager's politeness.
Even the old servants who watched her grow up started speaking with a tentative caution during this month.
But no one else would lay out those terrifying numbers, documents, and meeting minutes for her, line by line, like Kiryu Yaya did.
This gave Miyazawa Keiko a strange sense of peace.
After a moment, Kiryu Yaya finally spoke.
"Miyazawa-kun, let me start with what we can confirm right now."
Keiko Miyazawa sat up a little straighter.
"First, the Rokko Golf development is no longer at the point where it's just a little difficult to operate."
"Its cash flow has dried up."
"They can't make money themselves, yet they still rely on bank loans, short-term loans from securities firms, and internal funding from within the group to stay afloat."
Kiryu Yaya continued:
"If it's just a project that incurs losses, then it can be called a misjudgment."
"The problem now is that instead of stopping the bleeding in time after the losses, they are still borrowing more money."
"Sumitomo Bank's 5.56 billion yen, the Daiwa Group's short-term loans, the 1.2 billion yen advanced for tourism development, plus insufficient reserves for rebates and pre-paid deposits to members..."
He looked up.
"This is no longer just one project losing money."
"This project is actually sucking the blood out of other companies in the Miyazawa Group."
Keiko Miyazawa's face gradually paled.
"That's why Father wrote on the note, 'Recheck the loan list for the Rokka case...'"
"right."
Kiryu Yaya nodded.
"When your father was seriously ill, he should have already noticed that the scale of borrowing for the Rokka project was not right."
"But the problems don't end with the sixth month."
"What do you mean?"
Kiryu Yaya turned the photocopy of the torn page around and pointed to a line of small print.
[Internal Group Alternative: 12 Billion Yen for Miyazawa Tourism Development]
Tourism development is not like banking.
Kiryu Yaya said:
"Normal internal fund transfers within the group are not prohibited."
"But if a tourism development company needs to advance large sums of money to a golf project over a long period of time, it means two things."
"First, Rokkaku is finding it increasingly difficult to secure sufficient low-cost new funding from external sources."
"Secondly, Miyazawa Hara dared not let it truly stop."
Keiko Miyazawa stared at him blankly.
"You dare not?"
"Um."
Kiryu Yaya put the paper down.
"Because once we stop, all the debts, guarantees, membership return promises, and internal funding from the group will come to light."
"So what he needs most right now is not to do a good job with the six babies."
"Instead, they continue to drag it out."
"Drag it out until new funding comes in."
"Drag it until the old hole is covered up."
"Drag it out until all the procedures are patched up to look legal, normal, and acceptable."
At this point, he pulled the letter of appointment out again and placed it between the two of them.
"That explains why he was in such a hurry to get you to sign the letter of appointment."
Keiko Miyazawa's breath hitched slightly.
"Because he needs my name?"
"To be precise, it's your authority."
Kiryu Yaya tapped the authorization messages with his fingertip.
"These are not ordinary licenses."
"With these things, Miyazawa Hara can do more than just handle your daily affairs."
"He can use your identity, your seal, your account control, and your status as an heir to handle documents that wouldn't normally be so easy to handle."
Keiko Miyazawa whispered:
"So he didn't simply want to seize power."
"right."
Kiryu Yaya looked at her.
"He's completing the necessary paperwork."
"Take those financing, guarantees, extensions, and internal loans that may have already occurred but had incomplete procedures, and piece them together little by little to make them appear legal."
Keiko Miyazawa remained silent for a long time.
Then she asked softly:
"If it was just the Rokka project that was losing money, why would Father have specifically written 'Don't touch the main family's pledged shares'?"
The moment the question was posed, even her own voice trembled slightly.
Kiryu Yaya did not answer immediately.
He knew, of course, that Miyazawahara's debt problem had reached a very dangerous level.
But those things can't be said directly.
All he can show us now are these documents on the table.
After a moment, he slowly said:
"It's too early to draw a final conclusion."
Keiko Miyazawa raised her eyes.
Kiryu Yaya continued:
"But judging from the borrowing structure of Rokko, the advance payment for tourism development, the scope of authorization in the letter of appointment, and the note left by your father, there is a high possibility that the main family shares have been involved."
Keiko Miyazawa's face paled even more.
After a long while, she asked in a low voice:
"So... what should I do next?"