WARNING: "High and Low nitpicking" spoilers below
Maybe I just don't understand how that sort of economics work but on common sense my issues are:
1) Isn't mortgage supposed to be only for the value of the loan? If so how could he lose more than double the value in stocks plus his house and everything else? Or did he take his loan from Yakuza or something?
2) I never got the impression that he was paying overprice. He was the only person aware of his plans and presumably the people he bought from didn't care about managing the company (or else they wouldn't have sold). Only people ever mentioned regarding that power struggle are Gondo, "old man" and the trio.
3) Of course he couldn't pay his loan with company money (couldn't do that even as a majority shareholder, I'd presume) but there shouldn't be any problem in selling his shares to someone else. He was being voted out of the company management but they can't vote away his share of the stock.
4) Also how was he supposed to pay back his debt in full so soon anyway? By paying the ransom he failed in his plans concerning the company but he still had 20 million left and later regained majority of ransom back as well. I don't see any realistic payback plan that he couldn't meet with the remaining 20 million + returned ransom + 32% shares.
He mortgaged everything he had in order to raise 50 million for the extra stock he planned to buy, so with only 20 million left after paying the ransom, he had no way to pay back the loan since everything now belonged to the creditors.
Gondo mentioned leveraging the company's cash flow, but I don't remember if that was to pay off the rest of the purchased stock (with the 50 million being a down payment) or if that was part of his loan as well. While it's not outright stated in the film, it is possible that he was buying stock above its actual value, because the sellers would know how much power those shares had in regards to the company's management.
Regardless, he had no authority to use company money to pay off his mortgage because he wasn't a majority shareholder without those extra stocks, and now his colleagues were banding together to vote him out. So by paying the ransom he would have no job and no assets, but millions of yen worth of debt.
Gondo mentioned leveraging the company's cash flow, but I don't remember if that was to pay off the rest of the purchased stock (with the 50 million being a down payment) or if that was part of his loan as well. While it's not outright stated in the film, it is possible that he was buying stock above its actual value, because the sellers would know how much power those shares had in regards to the company's management.
Regardless, he had no authority to use company money to pay off his mortgage because he wasn't a majority shareholder without those extra stocks, and now his colleagues were banding together to vote him out. So by paying the ransom he would have no job and no assets, but millions of yen worth of debt.
1) Isn't mortgage supposed to be only for the value of the loan? If so how could he lose more than double the value in stocks plus his house and everything else? Or did he take his loan from Yakuza or something?
2) I never got the impression that he was paying overprice. He was the only person aware of his plans and presumably the people he bought from didn't care about managing the company (or else they wouldn't have sold). Only people ever mentioned regarding that power struggle are Gondo, "old man" and the trio.
3) Of course he couldn't pay his loan with company money (couldn't do that even as a majority shareholder, I'd presume) but there shouldn't be any problem in selling his shares to someone else. He was being voted out of the company management but they can't vote away his share of the stock.
4) Also how was he supposed to pay back his debt in full so soon anyway? By paying the ransom he failed in his plans concerning the company but he still had 20 million left and later regained majority of ransom back as well. I don't see any realistic payback plan that he couldn't meet with the remaining 20 million + returned ransom + 32% shares.