I
âAye!â
âApproved!â
âItâs been decided unanimously that this bill âŚâ shouted President Ohmura, tousling his gray hair. His voice was wiped out by the waves of yelling and did not reach KinjĹ and Mamiya, two men sitting by the rear exit of the conference room. KinjĹ always chose this spot in shareholdersâ meetings because it commanded a full view of the participantsâ backs. There were only a few empty seats.
The older man had jet black hair. No loose skin hung from his oval face, which was as firm as a wood carving. He looked perfectly handsome at a glance, but on closer look, his developed jaw revealed his inner strength. An old sword scar on the upper lid of his right eye glistened pink every time he blinked. The man had his arms folded. Newcomers to stock meetings felt uneasy sitting in front of this peculiar man.
The old man looked well advanced in years, yet full of vitality. While waiting for the meeting to start, the newcomers glanced at this man, being cautious at the same time not to look offensive. They became particularly curious when a stockholder or an acquaintance went close and whispered in his ear. Taking advantage of these occasions, they turned back to take a closer look.
Thatâs KinjĹ NaitĹ, doyen of sĹkaiyas. He used to be called Killer KinjĹ. He actually killed a man in a meeting. He cut the man with a Japanese sword. The blood splashed to the ceilingâŚ.
Professional stockbrokers and sĹkaiyas, who used the rear door, would bow slightly, or cast a friendly glance at KinjĹ each time they walked by him. These professionals were receptive to KinjĹâs request that greetings be made inconspicuously. KinjĹ returned a nod in his usual posture of eyes slightly open and arms folded. He maintained this position from the time he sat down until he got up to leave. The proceedings were not worth staying awake. Agreements with forty, fifty, sometimes one hundred sĹkaiyas were made prior to stockholdersâ meetings. KinjĹ had even rehearsed scenarios with those sĹkaiyas who had the potential to disrupt his plans by way of asking impertinent questions. KinjĹ had sixty yearsâ experience in this field. He was faultless in distributing alms and honorariums. No sĹkaiya would venture to confront KinjĹ even if unfairly treated. An actual shareholdersâ meeting, then, was no more than a ritual at which KinjĹ monitored the flawlessness of his prearrangements. With his help, shareholdersâ meetings held by mammoth corporationsâa several hundred million yen venture, a multi-billion yen venture, or one with forty or fifty thousand shareholdersâwere concluded in no time. The length of the session, the loudness of the applause, or the fluency of the chairman made some difference, but most meetings ended in several minutes or ten minutes at the most. The gains and losses of the company in the past half year were approved, amendments were passed, and the new board of directors of large corporations for the next several years was elected in that brief period of time. It was the continuous heckling by the sĹkaiya, âNo objections!â âPoint of order!â and their imposing applause that forced the ritual ahead. There was no chance for timid stockholders to speak. SĹkaiyas were there to seal off questions, to say nothing of objections.
âThe meeting is adjourned,â the wavering voice of Ohmura, chairman of the assembly and president of the bank, echoed in the hall. A final burst of applause roared out. Mamiya impulsively looked at his watch: four minutes from the opening remarks. The brevity of this meeting hardly justified the anxiety felt by the attendants. The sĹkaiyas got up. Some still clapped as they walked out of the hall. The acoustic vortex moved toward KinjĹ.
âThe meeting is over, Sir,â Mamiya told KinjĹ in a businesslike tone.
KinjĹ, however, made no move to stand up. He opened his eyes slightly wider and watched the ebbing tide of people.
âItâs over with no problem,â whispered Mamiya once again. He meant to brighten KinjĹâs spirit by adding, âwith no problem,â but KinjĹ did not answer. His eyelids drooped under the weight of fatigue. Seen at close range, nearly eighty years of life were marked in the old sĹkaiyaâs face. Mamiya stared at KinjĹ to examine if the meeting had ravaged his old body, still convalescing from illness.
âWith problems,â a low but distinct voice came back. âOhgiyamaâs men didnât show up,â added KinjĹ while Mamiya searched for the next word to say.
â⌠But Izumi was here.â
âBy himself. He came just to check on us.â
âOnly to check on us?â
âOhgiyama and his group played it easy this time, but they are scheming at something elsewhere.â KinjĹâs voice was calm but firm.
âWhat can it be?â asked Mamiya impatiently.
KinjĹ smiled for the first time as he said, âYou are a sĹkaiya, too. Figure it out for yourself.â
A wave of people breaking off from the crowd now surrounded KinjĹ.
âIâm glad that things worked out well.â
âIt was worth making all your effort to be here, wasnât it?â
âThe Ohgiyama camp seems to have chickened out.â
Most of those who spoke with ease were the affiliates of securities companies. They seldom attended these meetings. Had the meeting lasted any longer, this cohort would have been the first to exclaim, âThe TaiyĹ Bank is in trouble!â and to undermine its share prices.
KinjĹ wanted to be left alone, but responded to these greeters with a show of pride that he deserved their compliments. Some sĹkaiyas bowed wordlessly as they walked past. Amateur shareholders strolled out, disappointed by the unexpected brevity of the meeting. They had the look of having left something behind by mistake.
âLadies and gentlemen, those who have not picked up a souvenir box, please stop at the reception tableâŚ.â The announcement came from a man to whom the chairman had turned over the microphone. Now, a fresh and pithy male voice compelled the lazily shuffling guests to move outside.
Attendants had anticipated that major shareholder Tomiaki Ohgiyamaâs family would stir up a commotion at todayâs 59th regular shareholdersâ meeting.
Ohgiyama was the manager of a chain of recreation facilities including cabarets and skating arenas. No one knew his background before World War II. All that was known was that he had made a mint during the war by trucking blackmarket goods. After the war, he turned this profit into TaiyĹ Bank shares. This being done, the big shareholder had only to pressure the bank to finance his amusement industry.
Banks cower at shareholdersâ swashbuckling. Ohgiyama aimed for this soft spot when he raised funds from the Taigin.1 He was shrewd. He took out 3.5 million yen2 to start, 6 million yen next, and 8.5 million yen the third time around; the total of the three loans was 18 million yen. He made no gesture of paying back his loans after the first or even the second due date. Instead, he went on to demand an additional loan of 10 million yen. Rumors started to flow: âOhgiyama thinks that money belongs to him once it is put in his pocket.â The TaiyĹ Bank was stirred into action. It demanded that Ohgiyama pay his debt and, at the same time, tried to confiscate his deposit.
Ohgiyama maneuvered to reverse the charges. Claiming that the bank gave out âreckless loans,â he sued the delinquent board of directors. In this, he used his own âirresponsible loanâ as an example of sloppy management. Ohgiyama already held over three percent of the bankâs shares. These shares entitled him to appeal, in the name of Commercial Law Article 237, to convene an emergency stockholdersâ meeting. Upon the bankâs refusal to convene a shareholdersâ special meeting, he charged the bank with âmanagerial flaws,â and brought the case to a local court. It took clever maneuvering by the bank lawyers to stamp out the suit. This was a matter of only a month ago. Ohgiyama was outdone by the bank, but it was not beside the mark to suspect that he would look for another chance. It was because of this fear that KinjĹ accepted Taigin President Ohmuraâs request to direct the shareholdersâ meeting and dragged his aged and convalescing body to the meeting.
Mamiya surveyed the people still dawdling in the hall. The majority had gone out. Ohgiyama had not come to begin with. Mamiya had met Ohgiyama only once, but his striking appearance was seared indelibly on his mind. His physique was a contrast to KinjĹâs. He was stubby, slightly bent forward, and sallow faced. Loose folds of skin, drooping from his cheeks to his jaws, were wrinkled in vertical lines around his mouth. His broad face directly joined his torso. His small eyes were as immobile as if welded in. Mamiya had heard that Ohgiyama had weak eyesight and was nearly blind. Partly because of this, the old man walked leaning on a young woman. The woman was in her twenties; she was perhaps the select beauty out of all the bars Ohgiyama patronized. The old man, in his grubby black kimono, only reached the womanâs shoulders, as she wore high heels. Together, the pair resembled a wilted leaf clinging to a large white flower. Yet one glance was enough to tell that the flower was no heavier than a dewdrop, up against Ohgiyamaâs stubby body and heavy spirit.
One couldnât possibly miss Ohgiyama if he had come. His sons, hot tempered Tomio and TomijirĹ, were also absent. Only sĹkaiya Izumi, who was then employed by the Ohgiyama faction, had attended, but this gigantic sumĹ wrestler had already slipped out. What was the Ohgiyama family plotting to do? Pacing behind KinjĹ, who finally got onto his feet, Mamiya kept looking back toward the conference hall, as if trying to sniff out the scent of Ohgiyamaâs cigarettes.
II
KinjĹ broke out in a cold shiver after coming home from the general assembly and went straight to bed. He only poked twice at his dinner with his chopsticks. At seven oâclock, he said to his wife, Moto, who was sitting by his pillow, âOhmura-san3 is here; help me put on my half coat.â A car had just come to a screeching halt in the darkness of the neighborhood, and it seemed that KinjĹ had taken the sound to be President Ohmuraâs visit. Moto tilted her head quizzically, but got up without a word. By the time his lattice door was pushed open with a gentle sound, KinjĹ had sat up on his bed and had put on his half coat with Motoâs help. Mamiya had only to go to the entrance hall to find that KinjĹ had guessed right. Probably because Ohmura was on his way home from the party to celebrate the successful stockholdersâ meeting, his cheeks were rosy and shiny.
âIâm truly grateful to you for todayâs success,â said Ohmura jovially as he opened the sliding door to KinjĹâs room. But he halted as if he had tripped over KinjĹâs miserable condition.
âGotten worse again?â asked Ohmura.
âHe seems to have the chills,â enjoined Moto.
âYou should lie down. Mrs. NaitĹ, please have him lie down.â
KinjĹ brushed off Motoâs hands, saying, âIâll suit myself after our business talk is over.â He protested against his guest, who kept insisting that he lie down, and started talking in a slightly husky baritone voice about what he had mentioned to Mamiya after the assembly. The bank presidentâs silver hair and the bright glow on his red cheeks gradually lost luster as he listened to KinjĹ.
âWhat do you think Ohgiyama is doing?â said the president with a deep sigh.
âAs Iâve told my research assistant,â KinjĹ continued without looking at Mamiya, âOhgiyama will call for an emergency meeting.â
âAn emergency meeting?â âAnother special meeting?â Mamiya and the president exclaimed in unison.
âBut Ohgiyama has just missed the chance to convene a special meeting,â protested Ohmura.
âThatâs over. That motion was based on Commercial Law Article 237. Thereâs another way to summon a special assembly, right, Mamiya?â
Mamiya shook his head ambiguously.
âCommercial Law, Article 294.â Prefacing his narration, KinjĹ closed his eyes. âIn cases where there is any cause to supect that there is a dishonest act or a grave fact in contravention of a law or ordinance or of the Articles of Incorporation in relation to the administration of the companyâs affairs, shareholders who hold shares representing not less than one-tenth of the total number of issued shares may apply to the Court for the appointment of an inspector whose duty shall be to examine the affairs of the company and the state of its property.â4
âMore than ten percent?â The president let out a gasp.
âOhgiyama will open a frontal assault on the âuntrustworthy staff in the coming special assembly.â KinjĹ put force into his voice. âThe mere rumor that Ohgiyama would fight today has depressed the price of your stock. Thatâs all they wanted. They must have frantically bought the devalued shares until the bitter end of the meeting.â
The president put his chubby, womanlike hand on his forehead. He looked as if he were trying to find a weakness in KinjĹâs foresight, which had never before proven faulty.
âWe must closely watch the movement of the share prices.â So saying, Mamiya found himself frightened by the vision of the old, semiblind Ohgiyama walking toward him, surrounded by a dark gray mist.
Presently, the president looked up at KinjĹ, as if devouring the otherâs face with his eyes.
âEven if he stores up shares, the court verdict must stay the same.â
âThereâs no telling. You will do well to give your lawyer, Ishida, about one million yen.â
Ishida was Taiginâs company lawyer who had protected the bank from Ohgiyama in the previous meeting.
âIâve already given Ishida-kun5 half a million yen,â replied the president immediately.
âIâm not talking about the payment for what he has done. This is a separate issue.â
âWhy give so much, then?...