According to the announcement, the settlement of the last year of Otsuka's furniture sales is 41 billion yen more than the previous year 11.3% decrease, the final profit and loss is 7.2 billion yen It was in the red.

This is the final deficit for the second consecutive year, the largest deficit since the listing of shares in 1975.

In Otsuka Furniture, three years ago, the founder and former chairman, Mr. Otsuka Katsuhisa, and his eldest daughter, Kumiko Otsuka, violently confronted the management policy, now Kumiko president left the company at the top left I am leading.

However, according to the company, due to the continued declining number of visiting customers due to the brand image being damaged by the conflict between parents and children, and the fact that losses due to the closure of the store were posted, It became a deficit.

At Otsuka Furniture, we are focusing on sales of furniture for corporations, such as hotels that are expected to be built, while also promoting cost reductions, and we are aiming for a final surplus of 1.3 billion yen in the end of the year I will.

Otsuka Kumiko, president of Otsuka's furniture, said, "It takes time to change the structure of the business, such as shrinking stores, but we want to achieve it to the end, reversing sales etc. by expanding sales channels for corporations I will aim for. "