A Family Fights to Keep Control of 157-Year-Old Firm in Japan

Ishikawa is a remote, mountainous prefecture bordering the Sea of Japan, but the fate of a drug store chain whose local roots go back to 1869 has implications for Tokyo’s...

By Momoka Yokoyama, Kanoko Matsuyama, Hideyuki Sano, Koh Yoshida · Bloomberg Markets

Ishikawa is a remote, mountainous prefecture bordering the Sea of Japan, but the fate of a drug store chain whose local roots go back to 1869 has implications for Tokyo’s financial markets hundreds of kilometers away.