Isao Nakauchi

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Isao Nakauchi (中内 功?, born August 2, 1922 in Osaka, Japan; died September 19, 2005) was the founder of Daiei.

Life and career[edit]

Isao Nakauchi served in the Philippines as an infantryman during World War II. His business empire started in Osaka 1957 and it led to the creation of "American-style" supermarkets in Japan. In 1972 he led the biggest retailer in Japan, one that owned a store in Hawaii and a baseball team.[1] The 1980s proved more difficult for the business as its competition and debts increased. He stepped down in 2002[2] and in 2004 he sold his stocks in the company.[3] In 2005 he died of a stroke according to The University of Marketing and Distribution Sciences in Kobe, which he had founded.[4]

Web source[edit]

  1. ^ Bloomberg
  2. ^ The New York Times
  3. ^ Forbes/AFP at the Wayback Machine (archived June 4, 2011)
  4. ^ Chicago Sun-Times