Women save Japan's old family businesses with new ideas

A 260-year-old paint maker now sells nail polish thanks to female heir

20180402_umenoyado brewery

Kayo Yoshida, the fifth president of Umenoyado Brewery, shook up the sake business with a sparkling product that contains fruit juice.

MISA DOBASHI, AZUSA KAWAKAMI and NATSUKO KATSUKI, Nikkei staff writers

OSAKA -- For 260 years, a Kyoto company called Ueba Esou specialized in paints for Japanese art. But after the president succumbed to illness, his daughter faced an almost unthinkable decision: Should she close the business?

Demand for the subtle traditional hues had declined, and Ueba Esou was saddled with debt. There were over 20 other companies in the same trade in the local area, and many were folding. "I'm only an amateur when it comes to business management," Yumi Ishida, who succeeded her father as president, recalled thinking. "What can I do?"

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