Isao Okawa, president of Sega and chairman of CSK group, died Friday of a heart failure at a Tokyo hospital. He was 74 years old. Okawa assumed the role of Sega president last year when Shoichiro Irimajiri stepped down from the position after assuming responsibility for the poor sales of the Dreamcast in Japan. Okawa spearheaded Sega's exit from the hardware market, envisioning a company strategy focused on the network and software development business.
Sega of America released the following statement: "Sega of America regretfully announces that Isao Okawa, chairman and president of Sega Corporation, passed away on March 16, 2001, at 3:47pm 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."
Hideki Sato, vice president and representative director of Sega, will continue his role with the company. No decision has been made at this time regarding a new president of Sega Corporation.
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