Kenji Matsubara, the CEO of Japanese publisher/developer has announced that he will step down at the end of the month.

His resignation, which he cites is for personal reasons, comes as the company's financials report a 27.5 percent year-on-year decrease in earnings over the first half of this financial year.

Matsubara will be replaced by Yoichi Erikawa who founded Koei with his wife Keiko back in July 1978.

Erikawa takes over the reigns as CEO and president of Koei immediately but Matsubara will remain as company director until November the 30th.

Thanks Andriasang.

By Ewan Aiton