, also known as , was the second president of what is now

Nintendo is a Japanese multinational video game company headquartered in Kyoto, Japan. It develops video games and video game consoles. Nintendo was founded in 1889 as by craftsman Fusajiro Yamauchi and originally produced handmade playing cards ...

Co., Ltd., from 1929 to 1949. He married the daughter of Fusajiro Yamauchi, Tei Yamauchi, and took the Yamauchi surname. Kaneda retired in 1949 after suffering a stroke, leaving Nintendo to be run by his grandson,

Hiroshi Yamauchi was a Japanese businessman and the third president of Nintendo, joining the company in 1949 until stepping down on 24 May 2002, being subsequently succeeded by Satoru Iwata. During his 53-year tenure, Yamauchi transformed Nintendo from a hanafu ...

Career

Kaneda married Fusajiro Yamauchi's daughter, Tei, and based on

Japanese adult adoption Japanese adult adoption is the practice in Japan of legally and socially accepting a nonconsanguineal adult into an offspring role of a family. The centuries-old practice was developed as a mechanism for families to extend their family name, estate ...

rules, he took the Yamauchi surname on the same day in order to inherit Nintendo. Fusajiro Yamauchi retired in 1929, making Kaneda Nintendo's second president. When Kaneda took over Nintendo, he was in charge of Japan's largest card maker. In 1933, he established a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

company, and renamed it Yamauchi Nintendo and Co. The same year, Kaneda built a new headquarters building. In 1947, he established a distribution company, Marufuku Company Limited, that would carry Western-style playing cards. During his tenure, Kaneda strove to make the company more driven and efficientintroducing an assembly line, creating a hierarchy of management that competed with each other on performance, and advancing the playing card business. He suffered a

stroke A stroke is a disease, medical condition in which poor cerebral circulation, blood flow to the brain causes cell death. There are two main types of stroke: brain ischemia, ischemic, due to lack of blood flow, and intracranial hemorrhage, hemorr ...

in 1948 and retired in 1949. Near death, he quickly recruited his 21-year-old grandson, Hiroshi Yamauchi, to quit college and inherit the family business. Hiroshi Yamauchi's father, Shikanojo Inaba, had forfeited inheritance because he had abandoned his family when Yamauchi was five years old.

References

{{DEFAULTSORT:Kaneda, Sekiryo 1883 births 1951 deaths 20th-century Japanese businesspeople Playing card manufacturers Chief executives in retail Entertainment industry businesspeople Hanafuda manufacturers Japanese chairpersons of corporations Japanese company founders Nintendo people Retail company founders