CompaniesAfter father-daughter saga, Otsuka Kagu seeks partner
Japanese furniture chain in talks with room rental service and Taiwanese group
Otsuka Kagu President Kumiko Otsuka at a showroom in Tokyo. She won control of the company from her father, the founder, after a bitter proxy battle ended in 2015.
Nikkei staff writers
August 15, 2018 07:00 JST
TOKYO -- Four years after an ugly fight broke out between the founder and his daughter over the direction of the Japanese furniture chain, Otsuka Kagu is at a crossroads. Faced with dwindling sales, the company faces a stark choice between cultivating overseas markets and diversifying into new fields.