Family Feud at Otsuka Kagu
Rivalry between founding father and daughter bogged down
On February 26, President Kumiko Otsuka of Otsuka Furniture, which has been at odds with its founding family over management policy, held her first press conference since the turmoil, stressing the need to reform its existing management strategy after the resignation of the founder and father, Chairman Katsuhisa Otsuka. The company's President Kumiko Otsuka at the press conference on the afternoon of February 26, 2015 in Chiyoda-ku, Tokyo.
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