Isao Nakauchi
Encyclopedia
was the founder of Daiei
.
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. The 1980s proved more difficult for the business as its competition and debts increased. He stepped down in 2002 and in 2004 he sold his stocks in the company. In 2005 he died of a stroke according to The University of Marketing and Distribution Sciences in Kobe
, which he had founded.
Daiei
, based in Kobe, is one of the largest supermarket chains in Japan. In 1957, Isao Nakauchi founded the chain in Osaka near Sembayashi Station on the Keihan train line. Daiei is now under a restructuring process supported by Marubeni Corporation and ÆON Co., Ltd., another Japanese supermarket chain....
.
Life and career
Isao Nakauchi served in the PhilippinesPhilippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
as an infantryman during World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
. 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. The 1980s proved more difficult for the business as its competition and debts increased. He stepped down in 2002 and in 2004 he sold his stocks in the company. In 2005 he died of a stroke according to The University of Marketing and Distribution Sciences in Kobe
Kobe
, pronounced , is the fifth-largest city in Japan and is the capital city of Hyōgo Prefecture on the southern side of the main island of Honshū, approximately west of Osaka...
, which he had founded.