BUSINESSSCMP CHINA
Japan’s family firms turn to M&A when heirs are not so apparent
Japan's family-owned businesses, including the Kobe beef chain Kisshokichi, are increasingly turning to mergers and acquisitions as a solution when clear successors are absent. Founder Kiyomi Akagi faces the challenge of finding a successor for his 50-restaurant company despite its success.
Mentioned
Related Signal
Adjacent reporting
- Chicago's Sausage Queen reigns supreme in Lansing, expanding family legacy
- Popular Tex-Mex chain On The Border closing restaurants across the country. Here’s where
- Popular Tex-Mex chain On The Border closing restaurants across the country. Here’s where
- Iconic steakhouse was once America's 'busiest restaurant' until it closed after 52 years: Now the final trace of family empire is sold