FUKUOKA (Kyodo) Yoshimatsu Futata, founder and now adviser to Futata Co., said Friday it is desirable that the firm become a wholly owned subsidiary of Aoki Holdings Inc., which made a tender offer earlier this week.
Futata, the father of the current company president, Takafumi, however, added it is possible the Fukuoka-based men's clothing company would choose Konaka Co. over Aoki, Japan's second-largest menswear chain, to integrate operations.
Konaka, the fourth-largest menswear chain and the leading shareholder in Futata, opposes Aoki's takeover proposal announced Monday.