(Nintendo Inc.) "REDMOND, Wash., January 7, 2002 - Minoru Arakawa, President of Nintendo of America Inc. (NOA) for the past 22 years, today announced his retirement effective immediately. After many months of consideration, Arakawa felt the timing was appropriate to turn the office over to new leadership.
In a separate announcement made in Kyoto, Japan, Nintendo Co. Ltd., the parent company of NOA, announced Mr. Arakawa would be succeeded by Mr. Tatsumi Kimishima.
Mr. Kimishima has been with NCL for the past two years serving most recently as Chief Financial Officer of The Pokemon Company and President of Pokemon U.S.A., Inc. A native of Japan, Mr. Kimishima spent over 25 years with the Sanwa Bank in several management roles including nearly seven years in New York and California. Mr. Kimishima will assume his new responsibilities effective immediately."
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