President of Sega dies at 74.
Unfortunately, Friday morning greeted the Okawa family with tears, as the President of Sega, Isao Okawa was pronounced deceased at Tokyo Hospital due to cardiac arrest. While Okawa wasn't as well known as Yu Suzuki (creator of the Virtua Fighter series and Shenmue), Okawa was a kind man who donated nearly $700 million dollars (85 billion YEN) to get Sega out of financial debt. He was also partially responsible for Sega's maneuver into the 3rd party district and he will be remembered for that. This official statement was issued by Sega of America today:
"Sega of America regretfully announces that Isao Okawa, chairman and president of Sega Corporation, passed away on March 16, 2001, at 3:47 pm due to heart failure at the Tokyo University Medical Hospital. A private vigil is scheduled for his family, and company funeral services are being planned."
The end of the road comes for many. But never the less having to deal with something like this is excruciatingly tough, and PSX Extreme's thoughts go out to the Okawa family.