Succession question isn't just a family thing

Tomio Moriguchi, the 69-year-old chairman and CEO of Uwajimaya specialty supermarkets, will soon need someone else to carry on leadership of his company. The son of Japanese immigrants, Moriguchi is from a culture that traditionally emphasizes family ties. But as Moriguchi considers whether his son, nieces, nephews or someone outside of the Moriguchi family will take over Uwajimaya, business comes first. "I do feel desire as a father to pass it on to my son, but most of my assets are tied up with the company," Moriguchi said. "I want the best qualified person."