Kotaku is reporting that Nintendo President Satoru Iwata just passed away at 55

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Satoru Iwata: 1959 - 2015

Nintendo Company Limited announced the passing in a release on their investor website (PDF link). The cause of death is a bile duct growth, which Iwata took an extended leave of absence from his duties in 2014 to attempt to resolve.

Our thoughts and prayers go out to the Iwata family and to the Nintendo family in this difficult time. More information will be provided as it becomes available.

http://www.nintendoworldreport.com/news/40735/satoru-iwata-1959-2015
 

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http://kotaku.com/nintendos-president-has-passed-away-1717386412

Nintendo has just issued a short statement announcing that president Satoru Iwata has passed away at the age of 55.

The statement reads:

Nintendo Co., Ltd. deeply regrets to announce that President Satoru Iwata passed away on July 11, 2015 due to a bile duct growth.

Iwata was forced to skip last year’s E3 due to his poor health, and shortly afterwards underwent surgery to remove the bile duct growth.

Iwata first joined Nintendo in the 1980s, where he worked on games like Balloon Fight and EarthBound. He became a Director of the company in 2000, and in 2002 was appointed as only the fourth President of Nintendo when he succeeded Hiroshi Yamauchi.

In his time as President, Iwata oversaw some of the strongest (Wii, DS) and weakest (GameCube, Wii U) periods in Nintendo’s history as a video game company.

An immensely popular figure both within the industry and with Nintendo fans, he will be sorely missed. Rest in Peace, Mr. Iwata.
 
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