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Iwata at in 2011 4th and of In office May 24, 2002 – July 11, 2015 Preceded by Succeeded by Personal details Born ( 1959-12-06)December 6, 1959 Died July 11, 2015 (2015-07-11) (aged 55) Kyoto University Hospital,, Cause of death Complications from Nationality Spouse(s) Kayoko Iwata (m.?–2015; his death) Satoru Iwata (: 岩田 聡,: Iwata Satoru, December 6, 1959 – July 11, 2015) was a Japanese and businessman who was the fourth and (CEO) of. He is widely regarded as a major contributor in broadening the appeal of to a wider audience by focusing on novel and entertaining games rather than top-of-the-line hardware. Born in, Japan, Iwata expressed interest in video games from an early age and created his first simple game while in high school.
He majored in at the. In 1980, he joined the while attending the university. During his early years at HAL Laboratory he worked as a programmer and closely collaborated with Nintendo, producing his first commercial game in 1983. Notable titles to which he contributed at HAL include and the series. Following a downturn and near-bankruptcy, Iwata became the president of HAL Laboratory in 1993 at the insistence of Nintendo President and brought financial stability to the company. In the following years, he assisted in the development of the and series. Iwata joined Nintendo as the head of its corporate-planning division in 2000.
Nintendo soon saw notable growth with Iwata's assistance and, when Yamauchi retired, he became the company's president in May 2002. Under Iwata's direction, Nintendo developed the and, helping the company achieve financial success. As a self-declared gamer, he focused on expanding the appeal of video games across all demographics through a ' business strategy. The company attained record profits by 2009, and placed Iwata among the top 30 CEOs worldwide. Iwata subsequently expanded his blue ocean strategy by defining a quality of life product line for the Wii that later evolved into a ten-year business strategy to create stand-alone products. Later hardware such as the and proved far less profitable than the Wii, and Nintendo's net sales fell by two thirds from 2009 to 2012; the company saw its first operating losses in 30 years during this time.
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Iwata voluntarily halved his salary in 2011 and 2014. In 2015, after several years of refusal, Iwata put a portion of Nintendo's focus into the rapidly growing market; a landmark partnership with mobile provider was established that March.
Throughout his career, Iwata built a strong relationship with Nintendo fans through social media and his regular appearances in and, becoming the public face of the company. In June 2014, a in Iwata's was discovered during a routine physical exam. It was removed, and Iwata returned to work in October of that year. The problem resurfaced in 2015, and Iwata died at the age of 55 from its complications on July 11. Members of the gaming industry and fans alike offered tributes through public announcements and social media, and fans worldwide established temporary memorials. Iwata was posthumously awarded the Lifetime Achievement Award at the and the 2016.