Isao Okawa
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Isao Okawa | |
Born | May 19, 1926 Osaka, Japan |
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Died | March 16, 2001 (aged 74) Tokyo , Japan |
Occupation | Ex Chairman of Sega Enterprises Founder of CSK Holdings |
Isao Okawa (大川 功 Ōkawa Isao?, 19 May 1926—16 March 2001) was a Japanese businessman and the former Chairman of Sega.
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[edit] 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.
[edit] Involvement with CSK Holdings
CSK (CSK Holdings Corporation) 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.
[edit] Involvement With SEGA
From 1984 until 2004 Okawa's Company CSK Holdings Corporation had the most shares over SEGA and 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, and Sega was renamed Sega Sammy Holdings. In his time he supplied over $40million USD towards Sega Enterprises, mainly to fund the Sega Dreamcast, forgave the debts Sega owed him and gave the company his $695 million worth of Sega and CSK stock to Sega Corporation. As a result of this is remembered by some as an iconic member in Sega's History. As well as this Okawa's Company CSK had a research institute which produced software for Sega's Sega Mega Drive/Sega Genesis, Sega Saturn and Dreamcast Consoles.
[edit] Honors
Okawa was recognized by the Japanese Government for his aid in supporting financially numerous Japanese Technology Companies. Including that of SEGA Enterprises. He also received an honorary doctorate from his alma mate
[edit] Death
Okawa died at Tokyo University Hospital. He was pronounced dead at 3.47pm on the 16th March 2001, and his cause of death was heart failure. Okawa was aged 74.