Family Feud at Otsuka Kagu
Rivalry between founding father and daughter bogged down
On April 26, President Kumiko Otsuka held her first press conference since the turmoil at Otsuka Furniture, where internal strife continues among the founding family members over management policy. She emphasized the need to reform the company's existing management strategy after the resignation of Katsuhisa Otsuka, the founder and father of the company's chairman, as well as the need to change the company's management strategy. The company's president, Kumiko Otsuka, attends the press conference on the afternoon of February 26, 2015, in Tokyo.
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