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Isao Okawa
Japanese businessman

Isao Okawa

The basics

Quick Facts

Intro
Japanese businessman
Places
Work field
Gender
Male
Place of birth
Ōsaka
Place of death
Tokyo
Age
74 years
The details (from wikipedia)

Biography

Isao Okawa (大川 功, Ōkawa Isao) (May 19, 1926 – March 16, 2001) was a Japanese businessman and the former Chairman of Sega.

History

Okawa was born in Osaka, Japan. As a young adult he studied at Waseda University in Tokyo. After graduating from Waseda he formed his own Computer Service Company, which later became known as CSK Holdings Corporation (CSK).

Involvement with CSK Holdings

CSK is a Japanese technology company formed by Okawa in 1968. The company mainly provides ICT services to numerous businesses throughout Japan. Okawa was the Chairman from 1968 until his death in 2001.

Involvement with Sega

From 1984 until 2004, CSK had the majority of Sega shares. As a result, Okawa was the Chairman of Sega Enterprises. In 2004, CSK's shares were bought by Sammy, making Hajime Satomi the new CEO of Sega (Sega and Sammy merged to form Sega Sammy Holdings). Okawa provided over US$40 million towards Sega Enterprises, mainly to fund Dreamcast. He forgave the debts Sega owed him and gave Sega Corporation his $695 million worth of Sega and CSK stock. As a result of this he is remembered by some as an iconic part of Sega's history. CSK also had a research institute which produced software for all Sega platforms.

Honors

Okawa was recognized by the Japanese Government for his aid in financially supporting numerous Japanese technology companies, including Sega Enterprises. He also received an honorary doctorate from his alma mater.

Death

Okawa died of heart failure at Tokyo University Hospital. He was pronounced dead at 3:47 pm on March 16, 2001. He was 74 years old.

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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