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Perceived rivalry between the two brothers' fiefdoms provided fodder for the popular press.
As chairman, Tsutsumi focused on developing and expanding the vast land holdings inherited from his father. At one point, his companies owned one sixth of all the land in Japan. He also initiated new ventures into the sports market, building a stadium in the greater Tokyo area to house a for-profit baseball team, the Seibu Lions. He was instrumental in the successful Nagano bid for the 1998 Winter Olympics.
The January 17, 2005 edition of The Wall Street Journal made an investigation on Tsutsumi and the Seibu Corporation public to American readers...
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