Sega President pays back for Dreamcast loss

PistachioByAzul

Diamond Member
Oct 9, 1999
5,132
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71
Here

The president of Sega has presented the company with all of his 19.87 million shares in the company - worth £500 million - in order to cover the loss caused by the termination of the Dreamcast console.

Talk about honor...you'd never see that in the States.
 

Tauren

Diamond Member
Jan 30, 2001
3,880
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Since the decision to dump the loss-making console was made, Sega's share price has risen 7 per cent.

The gift is a very clear indication of the Japanese sense of honour, but given the fact that several executives have committed suicide over business errors in the past, Mr Okawa's admittedly very expensive decision is certainly preferable.

Yep! You won't see anything that stupid over here!!!
 

wyvrn

Lifer
Feb 15, 2000
10,074
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Wow an executive actually took responsibility for his actions. Nope, you really aren't going to see that here!
 

trmiv

Lifer
Oct 10, 1999
14,670
18
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Call me a materialistic money lover, but I'd say screw my honor, I'll keep my 19.87 million shares. I could buy something that resembles honor with the kind of coin those shares could get. But, then again I'm not Japanese and I don't live in that culture so what do I know.