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Otsuka Kagu president fends off father's attempt to oust her

Otsuka Kagu president fends off father's attempt to oust her

Kumiko Otsuka, president of upscale furniture store operator Otsuka Kagu Ltd., holds a press conference in Tokyo in this file photo taken March 27, 2015, after winning a proxy fight with her father Katsuhisa Otsuka, founder and chairman, in a shareholders meeting. The shareholders voted in favor of the 47-year-old president continuing to manage the firm although her 71-year-old father, unsatisfied with her management policy, had wanted to oust his daughter and return as president. (Kyodo) ==Kyodo

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Feud over control of furniture seller Otsuka Kagu

Feud over control of furniture seller Otsuka Kagu

Combined photo shows Katsuhisa Otsuka (L), the founder and chairman of furniture store operator Otsuka Kagu Ltd., and his daughter Kumiko Otsuka, its president, whose feud over management policy has drawn public attention. A meeting of the company shareholders was held in Tokyo on March 27, 2015, to settle a proxy fight over who should control the company, as the president has been seeking to continue managing the company while the chairman has been seeking to return as president and calling for his daughter to step down. (Kyodo) ==Kyodo

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Feud over control of furniture seller Otsuka Kagu

Feud over control of furniture seller Otsuka Kagu

People enter a building in Tokyo's Ariake district on March 27, 2015, where a meeting of shareholders of furniture store operator Otsuka Kagu Ltd. was held the same day to settle a proxy fight over who should control the company. Katsuhisa Otsuka, founder and chairman, has been seeking to return as president, while his daughter Kumiko Otsuka, current president, has been seeking to continue managing the company. (Kyodo) ==Kyodo

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Family feud at furniture chain operator Otsuka Kagu

Family feud at furniture chain operator Otsuka Kagu

Kumiko Otsuka, president of Otsuka Kagu Ltd., a major Japanese furniture store chain, speaks at a press conference in Tokyo on Feb. 26, 2015, about a feud with her farther and chairman Katsuhisa over company management. Kumiko said she will seek her father's retirement from the post at a general shareholders meeting on March 27. (Kyodo) ==Kyodo

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Otsuka Kagu

Otsuka Kagu

Photo taken Aug. 14, 2018, shows a building in Tokyo that houses a showroom of furniture retailer Otsuka Kagu Ltd. (Kyodo) ==Kyodo

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Appliance store Yamada to acquire Otsuka Kagu

Appliance store Yamada to acquire Otsuka Kagu

Noboru Yamada (R), chairman of major Japanese consumer electronics store chain operator Yamada Denki Co., and Kumiko Otsuka, president of Otsuka Kagu Ltd., shake hands following a press conference in Tokyo on Dec. 12, 2019. The two companies said Yamada Denki will buy a majority stake in Otsuka Kagu, making the struggling furniture retailer a subsidiary. (Kyodo) ==Kyodo

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Yamada Denki to make furniture store Otsuka Kagu subsidiary

Yamada Denki to make furniture store Otsuka Kagu subsidiary

Japanese electrical appliance store chain Yamada Denki Co. Chairman Noboru Yamada (R) and furniture retailer Otsuka Kagu Ltd. President Kumiko Otsuka attend a press conference in Tokyo on Dec. 12, 2019, announcing Yamada Denki will buy a majority stake in Otsuka Kagu to make the struggling furniture retailer a subsidiary. (Kyodo) ==Kyodo

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Yamada Denki to make furniture store Otsuka Kagu subsidiary

Yamada Denki to make furniture store Otsuka Kagu subsidiary

Japanese electrical appliance store chain Yamada Denki Co. Chairman Noboru Yamada (R) and furniture retailer Otsuka Kagu Ltd. President Kumiko Otsuka attend a press conference in Tokyo on Dec. 12, 2019, announcing Yamada Denki will buy a majority stake in Otsuka Kagu to make the struggling furniture retailer a subsidiary. (Kyodo) ==Kyodo

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Yamada Denki to make furniture store Otsuka Kagu subsidiary

Yamada Denki to make furniture store Otsuka Kagu subsidiary

Japanese electrical appliance store chain Yamada Denki Co. Chairman Noboru Yamada (R) and furniture retailer Otsuka Kagu Ltd. President Kumiko Otsuka attend a press conference in Tokyo on Dec. 12, 2019, announcing Yamada Denki will buy a majority stake in Otsuka Kagu to make the struggling furniture retailer a subsidiary. (Kyodo) ==Kyodo

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Yamada Denki to make furniture store Otsuka Kagu subsidiary

Yamada Denki to make furniture store Otsuka Kagu subsidiary

Japanese electrical appliance store chain Yamada Denki Co. Chairman Noboru Yamada (R) and furniture retailer Otsuka Kagu Ltd. President Kumiko Otsuka attend a press conference in Tokyo on Dec. 12, 2019, announcing Yamada Denki will buy a majority stake in Otsuka Kagu to make the struggling furniture retailer a subsidiary. (Kyodo) ==Kyodo

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Yamada Denki to make furniture store Otsuka Kagu subsidiary

Yamada Denki to make furniture store Otsuka Kagu subsidiary

Japanese electrical appliance store chain Yamada Denki Co. Chairman Noboru Yamada (R) and furniture retailer Otsuka Kagu Ltd. President Kumiko Otsuka prepare to attend a press conference in Tokyo on Dec. 12, 2019. They announced Yamada Denki will buy a majority stake in Otsuka Kagu to make the struggling furniture retailer a subsidiary. (Kyodo) ==Kyodo

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Furniture retailer Otsuka Kagu

Furniture retailer Otsuka Kagu

File photo taken March 1, 2019, shows a store of Japanese furniture retailer Otsuka Kagu Ltd. in Tokyo. (Kyodo) ==Kyodo

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Furniture retailer Otsuka Kagu

Furniture retailer Otsuka Kagu

File photo taken March 1, 2019, shows the logo of Japanese furniture retailer Otsuka Kagu Ltd. on one of its storefronts in Tokyo. (Kyodo) ==Kyodo

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Furniture retailer Otsuka Kagu

Furniture retailer Otsuka Kagu

File photo taken March 1, 2019, shows a signboard of Japanese furniture retailer Otsuka Kagu Ltd. in Tokyo. (Kyodo) ==Kyodo

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Otsuka Kagu President Kumiko Otsuka

Otsuka Kagu President Kumiko Otsuka

Undated photo shows Kumiko Otsuka, president of Japanese furniture retailer Otsuka Kagu Ltd. (Kyodo) ==Kyodo

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