Cancer claims Nintendo CEO Satoru Iwata at 55
Japan Times -- Jul 13
Nintendo said Monday that its chief executive, Satoru Iwata, has died of bile duct cancer at the age of 55, several months after he abandoned the Japanese videogame giant's consoles-only policy.

>In a brief statement, the Kyoto-based firm said Iwata passed away on Saturday.

The first president from outside the Yamauchi family since it started selling cards in the late 19th century, Iwata had led Nintendo since 2002 and helped oversee a tripling of revenue with hits including the Game Boy Advance SP and the Wii. The rise of smartphones ate into sales of the company’s handheld game player and its Wii U console failed to match its predecessor’s success, however.

Iwata, who started off as a programmer, took the top post at Nintendo in 2002, two years after joining the firm and was more recently pushing a long-awaited departure from its consoles-only policy in a bid to repair a battered balance sheet.

Last year, Iwata said he would slash his salary in half for several months to atone for the downturn at the maker of the Donkey Kong and Pokemon franchises, which struggled as rivals Sony and Microsoft outpaced it in console sales.

All three companies are also fighting off the trend toward cheap - or sometimes free - downloadable games for smartphones and other mobile devices.

任天堂の岩田 聡社長が、胆管腫瘍のため死去した。55歳だった。
News sources: Japan Times, FNNnewsCH
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