Family Feud at Otsuka Kagu
Rivalry between founding father and daughter bogged down
On February 25, Otsuka Furniture, which continues to experience internal strife among its founding family members over management policies, held its first press conference since the turmoil, with founder and Chairman Katsuhisa Otsuka explaining his own shareholder proposal, which called for the dismissal of President Kumiko Otsuka, the company's eldest daughter. The company's chairman Katsuhisa Otsuka attends the press conference on the afternoon of February 25, 2015 in Chiyoda-ku, Tokyo.
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