There were several factors behind a stock crash: policy, the overall investment climate, news, and so on. All of them could have a major impact on stocks.
Sankei Shimbun was one of Japan's five major newspapers. Its front-page exposé on Yamamoto Pharmaceuticals naturally caused a sensation.
Regardless of whether the news was true or false, it would create a certain degree of panic.
When the Tokyo stock market opened at 9 a.m., people discovered that Yamamoto Pharmaceuticals had opened low and continued falling all the way down. This heightened public panic, and many people chose to dump their shares, causing Yamamoto Pharmaceuticals' stock price to plunge even further.
In just one hour, it fell from 4,550 Japanese Yen per share to 4,230, a drop of more than 300 Japanese Yen.
Japan's stock market differed from China's. Declines were not calculated by percentage, but according to fixed numerical limits.
Yamamoto Kazuo had already received word from his subordinates. When he saw the newspaper and the stock situation, he slammed his palm down in fury, shattering the solid wood tea table before him.
"Why did Sankei Shimbun report on Yamamoto Pharmaceuticals? It makes everything sound so convincing. Where did they get this information?"
"A-Ken, send someone to investigate. Find out who released this report. I want that person to pay the price."
"Yes, Boss."
Yamamoto Kazuo thought for a moment. "Notify the pharmaceutical company. Have Okawara hold a press conference immediately and tell the public that this report is pure slander. The company's research is progressing smoothly, and we are expected to complete development successfully within half a year."
"Yes, Boss."
A-Ken went out to handle it. Yamamoto Kazuo stared at the newspaper with a frown, feeling that this matter was far from simple.
Everyone in this world acted with a purpose.