Satoru Iwata has passed away. An official statement from Nintendo attributes his death to a bile duct growth. A great legend in the world of gaming has left us today. This great shock marks a sad day in Nintendo history as they lose an employee of over 30 years. His creative brilliance and kind heart will be solely missed, and Nintendo Directs will never be the same. Our hearts and well wishes go to his family. We will post updates as we have them.
From Masahiro Sakurai:
“The president of Nintendo, Satoru Iwata has passed away. He was my former employer, but even when my situation and location changed, he was always the most understanding [of me and my work]. A hard worker and a virtuous man, he always supplied me with quick, fair guidance. I believe that he was the greatest leader I could have imagined. May you rest in peace.”
Update: His funeral will be held on the 17th and shall be led by his wife and Nintendo. Source